# OpenWorld, Inc. (OPNW)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/openworld-inc/ JSON: https://steadybase.io/company/openworld-inc.json Checked Nov 10, 2026. Latest filing read: Oct 13, 2026.

## Company

- Legal name: OpenWorld, Inc.
- Ticker: OPNW (Nasdaq)
- SEC CIK: 0001104038
- Industry: Finance Services (SIC 6199)
- Headquarters: Lake Mary, FL
- Fiscal year ends: December 31
- SEC filer category: Non-accelerated filer<br>Smaller reporting company
- Website: vrmeinvestor.com
- LinkedIn: https://www.linkedin.com/company/verifyme-inc-
- Next earnings date: Nov 12, 2026

## Key facts

- Revenue: $16.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/0001214659-26-004051-index.html
- Operating income: -$5.1M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/0001214659-26-004051-index.html
- Net income: -$4.9M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/0001214659-26-004051-index.html
- SG&A: $4.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 31, 2026). Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/0001214659-26-004051-index.html
- Employees: 30 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm
- Shares outstanding: 13,165,196 as of Aug 7, 2026 (10-Q filed Aug 14, 2026). Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926010146/0001214659-26-010146-index.html
- Auditor: Malonebailey, LLP, Houston, Texas, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm

## Business

VerifyMe, Inc. (“VerifyMe,” the “Company,” “we,” “us,” or “our”), is a logistics company that specializes in time and temperature sensitive products, as well as providing brand protection and enhancement solutions. We operate a Precision Logistics segment which includes the operations of our subsidiary PeriShip Global LLC (“PeriShip Global”)and accounts for nearly all VerifyMe revenue, and an Authentication segment.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $16.4M | -$5.1M | -$4.9M | $4.4M |
| Dec 31, 2024 | $24.2M | -$4.4M | -$3.8M | $5.2M |
| Dec 31, 2023 | $25.3M | -$3.3M | -$3.4M | $6.1M |
| Dec 31, 2022 | $19.6M | -$3.7M | -$14.4M | $10.1M |
| Dec 31, 2021 | $867,000 | -$4.8M | $3.6M | $5.4M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/openworld-inc.json

## Officers and directors

- Matthew Shaw, Chairman and CEO of OpenWorld. Source: 8-K filed Oct 26, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000121465926013228/ex99_1.htm
- Matthew Ian Shaw, Chief Executive Officer. Source: Form 3 filed Oct 2, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000089183926000443/0000891839-26-000443-index.htm
- Gerard Albert Palana Hernandez, Chief Financial Officer. Source: 4/A filed Oct 9, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000089183926000468/0000891839-26-000468-index.htm
- Jennifer L. Cola, Chief Financial Officer. Source: Form 4 filed Sep 30, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000089183926000420/0000891839-26-000420-index.htm
- Jennifer Cola, Chief Financial Officer. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm
- Adam H. Stedham, President, Precision Logistics. LinkedIn: https://linkedin.com/in/adam-stedham-633a0a1. Source: Form 4 filed Sep 30, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000089183926000421/0000891839-26-000421-index.htm
- Jack Wang, Chief Information Officer and Senior Vice President of Technology. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm
- Marshall Geller, non-executive Vice Chairman. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm
- Fred G. Volk, III, Vice President, Operations. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm
- Russel Harold McMeekin, Global Corporate President. Source: 4/A filed Oct 9, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000089183926000467/0000891839-26-000467-index.htm
- David Edmonds, Director. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm
- Howard Goldberg, lead independent director. Source: 10-K filed Mar 31, 2026, https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm
- Arthur Laffer, Board member (per proxy). Source: DEF 14A filed Aug 13, 2025, https://www.sec.gov/Archives/edgar/data/1104038/000121465925011906/x811254def14a.htm
- Nancy Meyers, Named in proxy. Source: DEF 14A filed Aug 13, 2025, https://www.sec.gov/Archives/edgar/data/1104038/000121465925011906/x811254def14a.htm

## Recent 8-K events

- Nov 4, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926013738/w1132688k.htm
- Oct 30, 2026: Item 1.01, Entry into a material definitive agreement; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926013557/z10302638k.htm
- Oct 30, 2026: Item 1.01, Entry into a material definitive agreement; Item 3.01, Notice of delisting or failure to meet listing standards; Item 3.02, Unregistered sales of equity securities; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926013480/x10292618k.htm
- Oct 26, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926013228/g10262618k.htm
- Oct 19, 2026: Item 1.01, Entry into a material definitive agreement; Item 3.02, Unregistered sales of equity securities; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926013022/x10172618k.htm
- Oct 16, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 5.07, Submission of matters to a vote of security holders; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926013011/w10162628k.htm
- Oct 15, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926012934/b10132648k.htm
- Oct 8, 2026: Item 4.01, Changes in registrant's certifying accountant; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926012713/b1062648k.htm
- Oct 7, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926012609/z1062638k.htm
- Oct 1, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926012385/i9302618k.htm

## What management said

- "Even as we are in the early stages of scaling operations, our estimated third-quarter financial results demonstrate the strength of OpenWorld’s business model as we move forward as a public company" Matthew Shaw, Chairman and CEO of OpenWorld (8-K filed Oct 26, 2026). Source: https://www.sec.gov/Archives/edgar/data/1104038/000121465926013228/ex99_1.htm

## Latest filings

- 8-K filed Oct 30, 2026: https://www.sec.gov/Archives/edgar/data/1104038/000121465926013557/z10302638k.htm
- 10-K filed Mar 31, 2026: https://www.sec.gov/Archives/edgar/data/1104038/000121465926004051/vm32026110k.htm
- 10-Q filed Aug 14, 2026: https://www.sec.gov/Archives/edgar/data/1104038/000121465926010146/vme72826110q.htm
- DEF 14A filed Aug 13, 2025: https://www.sec.gov/Archives/edgar/data/1104038/000121465925011906/x811254def14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/