Company research
OpenWorld, Inc.
CIK 1104038Updated Oct 3, 2026
Securities
Historical securities (2)
VRME · NASDAQ · equity · closed Sep 30, 2026VRMEW · NASDAQ · warrant · closed Jun 23, 2025Name history
VerifyMe, Inc. · through Oct 1, 2026LASERLOCK TECHNOLOGIES INC · through Aug 4, 2015
VRME price & chart
Historical security
This listing closed Sep 30, 2026. Live provider charts are shown only for current listings.
About the company
VerifyMe provides specialized logistics for time and temperature-sensitive products, as well as brand protection and enhancement solutions. To learn more, visit https://www.verifyme.com
In the news
VerifyMe to Report First Quarter 2025 Financial Results on August 13, 2025 News provided by VerifyMe, Inc. Aug 08, 2025, 08:00 ET Share this article Share to X Share this article Share to X LAKE MARY, Fla. , Aug. 8, 2025 /PRNewswire/ -- VerifyMe, Inc . (NASDAQ: VRME ) ("VerifyMe," "we," "our," or th ↗
Recent filings
Completion of Acquisition or Disposition of Assets · Changes in Control of Registrant
Items 2.01, 5.01
Regulation FD Disclosure
Items 7.01, 9.01
4 filing
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Unregistered Sales of Equity Securities · Changes in Control of Registrant · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure · Other Events
Items 1.01, 1.02, 2.01, 3.02, 5.01, 5.02, 5.03, 7.01, 8.01, 9.01
POS EX filing
Show 5 more recent filings
425 filing
Financial Statements and Exhibits
Items 9.01
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure · Other Events
Items 3.03, 5.03, 7.01, 8.01, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
425 filing
Financials
FY 2025 · USDSource
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 13,018,000Source | 16,067,000Source | 20,705,000Source | 20,752,000Source |
| Property, Plant and Equipment, NetUSD | 20,000Source | 116,000Source | 240,000Source | 292,000Source |
| GoodwillUSD | 2,926,000Source | 3,988,000Source | 5,384,000Source | 3,988,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 2,823,000Source | 3,032,000Source | 3,411,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 857,000Source | 2,636,000Source | 3,017,000Source | 4,448,000Source |
| Inventory, NetUSD | 37,000Source | 39,000Source | 38,000Source | 81,000Source |
| Assets, CurrentUSD | 7,727,000Source | 6,362,000Source | 7,686,000Source | 9,458,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 154,000Source | 131,000Source | 254,000Source | 333,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | 236,000Source | 468,000Source | 469,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,025,000Source | 5,853,000Source | 8,174,000Source | 7,166,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 14,000Source | 11,000Source | 10,000Source | 10,000Source |
| Additional Paid in CapitalUSD | 102,059,000Source | 96,344,000Source | 95,031,000Source | 92,987,000Source |
| Retained Earnings (Accumulated Deficit)USD | -90,578,000Source | -85,673,000Source | -81,849,000Source | -78,459,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | 12,000Source | -2,000Source | -3,000Source |
| Stockholders' Equity Attributable to ParentUSD | 10,993,000Source | 10,214,000Source | 12,531,000Source | 13,586,000Source |
| Liabilities and EquityUSD | 13,018,000Source | 16,067,000Source | 20,705,000Source | 20,752,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,025,000Source | 4,239,000Source | 5,141,000Source | 5,429,000Source |
| Operating Lease, Liability, CurrentUSD | — | 108,000Source | 170,000Source | 115,000Source |
| Accounts Payable, CurrentUSD | 745,000Source | 2,971,000Source | 3,310,000Source | 3,912,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | 139,000Source | 307,000Source | 359,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 530,000Source | 660,000Source | 988,000Source | 902,000Source |
| Long-term DebtUSD | — | — | 875,000Source | 1,400,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -4,905,000Source | -3,824,000Source | -3,390,000Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | 96,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -1,782,000Source | -298,000Source | -1,295,000Source | 3,352,000Source |
| Increase (Decrease) in InventoriesUSD | -17,000Source | — | 57,000Source | 29,000Source |
| Deferred Income Tax Expense (Benefit)USD | -923,000Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 603,000Source | 871,000Source | 244,000Source | -2,551,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 363,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,733,000Source | -575,000Source | -1,195,000Source | -7,884,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 18,000Source | 7,000Source | 27,000Source | — |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 67,000Source | 66,000Source | 36,000Source | 34,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 3,660,000Source | -616,000Source | 634,000Source | 4,424,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,530,000Source | -272,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 4,353,000Source | 2,823,000Source | 3,095,000Source | 3,411,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 70,000Source | 178,000Source | 165,000Source | 33,000Source |
| Income Taxes Paid, NetUSD | 24,100Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | 48,000Source | 1,000Source | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 946,000Source | 1,097,000Source | 1,030,000Source | 657,000Source |
| Equity Method Investment, Realized Gain (Loss) on DisposalUSD | — | 100,000Source | 100,000Source | — |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | — | 24,000Source | 25,000Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -58,000Source | — | -2,000Source | — |
| Gain (Loss) on Disposition of BusinessUSD | — | -134,000Source | — | — |
| Gain (Loss) on Sale of InvestmentsUSD | — | — | -100,000Source | — |
| Gain (Loss) on Termination of LeaseUSD | 8,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 326,000Source |
| General and Administrative ExpenseUSD | 3,416,000Source | 3,852,000Source | 10,586,000Source | 8,428,000Source |
| GoodwillUSD | 2,926,000Source | 3,988,000Source | 5,384,000Source | 3,988,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 3,850,000Source | 2,315,000Source | — | — |
| Goodwill, Impairment LossUSD | — | 1,351,000Source | — | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | 964,000Source | — | — |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 3,850,000Source | 2,315,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -100,000Source | -10,932,000Source |
| Income Tax Expense (Benefit)USD | -1,120,000Source | 0Source | — | — |
| Inventory Write-downUSD | — | — | 100,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -4,905,000Source | -3,824,000Source | -3,390,000Source | -14,398,000Source |
| Nonoperating Income (Expense)USD | 165,000Source | 566,000Source | -62,000Source | -10,651,000Source |
| Operating ExpensesUSD | 11,391,000Source | 13,052,000Source | 12,331,000Source | 10,235,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 16,398,000Source | 24,207,000Source | 25,313,000Source | 19,576,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -5,070,000Source | -4,390,000Source | -3,328,000Source | -3,747,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -4,905,000Source | -3,881,000Source | -3,389,000Source | -14,400,000Source |
| Income Tax Expense (Benefit)USD | -1,120,000Source | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -4,905,000Source | -3,824,000Source | -3,390,000Source | -14,398,000Source |
| Earnings Per Share, BasicUSD per share | -0.39Source | -0.37Source | -0.35Source | -1.7Source |
| Earnings Per Share, DilutedUSD per share | -0.39Source | -0.37Source | -0.35Source | -1.7Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 12,619,512Source | 10,402,508Source | 9,766,469Source | 8,466,075Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 12,619,512Source | 10,402,508Source | 9,766,469Source | 8,466,075Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 946,000Source | 1,097,000Source | 1,030,000Source | 657,000Source |
| Current Income Tax Expense (Benefit)USD | -197,000Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 984,000Source | 1,212,000Source | 1,134,000Source | 770,000Source |
| General and Administrative ExpenseUSD | 3,416,000Source | 3,852,000Source | 10,586,000Source | 8,428,000Source |
| Goodwill, Impairment LossUSD | — | 1,351,000Source | — | — |
| Gross ProfitUSD | 6,321,000Source | 8,662,000Source | 9,003,000Source | 6,488,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -4,905,000Source | -4,602,000Source | -2,612,000Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -100,000Source | -10,932,000Source |
| Interest Expense, DebtUSD | — | — | 31,000Source | — |
| Interest Income (Expense), NetUSD | 214,000Source | -130,000Source | -161,000Source | -88,000Source |
| Management Fee ExpenseUSD | 3,138,000Source | 5,454,000Source | — | — |
| Nonoperating Income (Expense)USD | 165,000Source | 566,000Source | -62,000Source | -10,651,000Source |
| Operating ExpensesUSD | 11,391,000Source | 13,052,000Source | 12,331,000Source | 10,235,000Source |
| Other IncomeUSD | -49,000Source | -2,000Source | -2,000Source | 31,000Source |
| Research and Development ExpenseUSD | 20,000Source | 70,000Source | 107,000Source | 89,000Source |
| Selling and Marketing ExpenseUSD | 967,000Source | 1,361,000Source | 1,638,000Source | 1,718,000Source |
Offerings
Registration 333-295079
Filing attachments
ex99_1.htm · 8-K · 2026-10-01
Exhibit 99.1 OpenWorld and VerifyMe Complete Business Combination, Establish Leading Tokenization Platform for Digitization of Real-World Assets Effective at market open on October 1, 2026, OpenWorld will trade on NASDAQ as “OPNW” Digital assets veteran Matthew Shaw to lead combined company as Chairman and Chief Executive Officer as it advances institutional-grade real-world asset tokenization LAS VEGAS--(BUSINESS WIRE)--OpenWorld, Inc. (“OpenWorld” or the “Company”) an innovation company ad…
Read attachment ↗ex99_1.htm · 8-K · 2026-09-29
Exhibit 99.1 CONSOLIDATED FINANCIAL STATEMENTS For the years ended December 31, 2025, and December 31, 2024 (Expressed in U.S. dollars) OPEN WORLD LTD. Consolidated Financial Statements of Open World Ltd. for the Years Ended December 31, 2025 and 2024 Report of Independent Registered Public Accounting Firm F-3 & F-4 Financial Statements: Consolidated Balance Sheets F-5 Consolidated Statements of Operations F-6 …
Read attachment ↗ex99_2.htm · 8-K · 2026-09-29
Exhibit 99.2 OPEN WORLD LTD. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS For the six months ended June 30, 2026 and 2025 (Unaudited - Expressed in U.S. Dollars) Open World Ltd. | Condensed Consolidated Financial Statements OPEN WORLD LTD. TABLE OF CONTENTS FOR THE SIX MONTHS ENDED JUNE 30, 2026 AND 2025 Financial Statements: Condensed Consolidated Balance Sheets (Unaudited) 3 Condensed Consolidated Statements of Operations (Unaudited) …
Read attachment ↗ex99_1.htm · 8-K · 2026-09-25
Exhibit 99.1 VerifyMe Announces Reverse Stock Split of the Company’s Common Stock LAKE MARY, Fla., September 25, 2026 - (BUSINESS WIRE) - VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe”), a provider of authentication and precision logistics technologies today announced a planned reverse stock split of its shares of common stock at a ratio of 1-for-10. The reverse stock split will take effect as of 12:01 a.m. ET, on September 29, 2026, and shares of VerifyMe will trade on a post-split basis on Nasdaq…
Read attachment ↗ex99_1.htm · 425 · 2026-09-18
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 VerifyMe Declares Special Dividend Lake Mary, FL - September 18, 2026 - (BUSINESS WIRE) - VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe”), a provider of authentication and precision logistics technologies today announced that its Board of Directors has authorized and declared a special cash dividend of $0.15 per share (the “Dividend”), to be distributed pro-rata per share of the Company’s common stock, $0.001 par value per share (the “Common Stock…
Read attachment ↗ex99_1.htm · 8-K · 2026-09-18
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 VerifyMe Declares Special Dividend Lake Mary, FL - September 18, 2026 - (BUSINESS WIRE) - VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe”), a provider of authentication and precision logistics technologies today announced that its Board of Directors has authorized and declared a special cash dividend of $0.15 per share (the “Dividend”), to be distributed pro-rata per share of the Company’s common stock, $0.001 par value per share (the “Common Stock…
Read attachment ↗