VerifyMe, Inc. (VRME) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the VerifyMe 3rd Quarter 2025 Financial Results Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on a touch-tone phone. To withdraw your question, please press star then 2. Please note this event is being recorded. I would now like to turn the conference over to Jennifer Kola, CFO. Please go ahead. Good morning, everyone, and thank you for joining us today for our third quarter 2025 earnings call presentation. On the call today, I'm joined by Adam Stedham, CEO and President, who will give an operations and strategic update, and I will provide a financial update. Following our management presentation, we will have a Q&A session. I'd like you to bring your attention to the note on forward-looking statements on slide three. Today's presentation and the answers to questions include forward-looking statements. It should be understood that actual results could materially differ from those projected due to a number of factors, including those described under the forward-looking statements and risk factors captions in the company's annual report on Form 10-K, and quarterly reports on Form 10-Q. I will now turn the call over to Adam Stedham to discuss the company strategy. Thank you, Jen. I'm pleased with the success of our operating model combined with our sales and marketing plans in the third quarter. I do realize the third quarter revenue was down due to previously announced contract losses and changes associated with the transition from our previous proactive shipping partner. That statement is a common theme in...