Microcap Ledger

Tickers · $OPNW

OpenWorld, Inc. $OPNW

By Microcap Ledger desk · CIK 0001104038

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Finance Services
Headquarters
Lake Mary, FL
Fiscal year end
December 31
Shares outstanding
13,165,196 [10-Q 2026-08-14]
as of 2026-08-07

Sources: [10-K 2026-03-31]

What the company doesAI summary of filing

VerifyMe, Inc. operates as a logistics company specializing in time and temperature sensitive shipments through its Precision Logistics segment, which accounts for nearly all company revenue. The company generates revenue through two service models: ProActive Service, where clients pay directly for carrier service with logistics assistance, and Premium Services, where clients use their own carrier rates supplemented by the company's monitoring, predictive analytics, and exception management services delivered via a proprietary PeriTrack portal and U.S.-based service center. The company also operates an Authentication segment focused on anti-counterfeit and brand protection, though it is not actively pursuing new business in this area. The company is revenue-generating and has recently entered into a merger agreement with Open World Ltd. [10-K 2026-03-31]

Segments: Precision Logistics, Authentication

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$3.68M−$1.18M −$1.00M$5.09M[10-Q 2026-08-14]
FY ended Dec 2025$16.40M−$4.91M $603.0K$4.35M[S-4 2026-08-11]
FY ended Dec 2024$24.21M−$3.82M $871.0K$2.82M[S-4 2026-08-11]
Quarterly cash burn
−$501.0K
Cash runway Estimate
~30.5 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-0410,499,541[10-Q 2024-11-12]
2025-02-2712,354,772[10-K 2025-03-12]
2025-05-0612,420,564[10-Q 2025-05-13]
2025-08-0612,323,666[10-Q 2025-08-13]
2025-11-0712,443,169[10-Q 2025-11-14]
2026-03-2313,119,065[10-K 2026-03-31]
2026-05-1213,119,065[10-Q 2026-05-15]
2026-08-0713,165,196[10-Q 2026-08-14]
Shelf registration
S-3 filed 2025-01-28; declared effective 2025-02-03 [S-3 2025-01-28]

Listing status

Current status: 4 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-04-17. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-04-178-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-04-17]
2025-12-188-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-12-18]
2025-04-048-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-04-04]
2024-12-278-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2024-12-27]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-30Webslinger Holdings Inc.grant4,989,997—[4 2026-10-08]
2026-09-30Hernandez Gerard Albert Palanagrant386,348—[4 2026-10-02]
2026-09-30Hernandez Gerard Albert Palanagrant17,077—[4 2026-10-02]
2026-09-30Shaw Matthew Iangrant685,923—[4 2026-10-02]
2026-09-30Shaw Matthew Iangrant685,923—[4 2026-10-02]
2026-09-30Shaw Matthew Iangrant4,989,997—[4 2026-10-02]
2026-09-30Volk Fred Iiiexercise7,500—[4 2026-09-30]
2026-09-30Volk Fred Iiiother2,711$8.14[4 2026-09-30]
2026-09-30Wang Jackexercise7,500—[4 2026-09-30]
2026-09-30Wang Jackother2,224$8.14[4 2026-09-30]
2026-09-30Edmonds David Bruceexercise3,500—[4 2026-09-30]
2026-09-30Greenberg Scott Nexercise3,500—[4 2026-09-30]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.