Steadybase.

OpenWorld, Inc.

Website LinkedIn Latest 10-K
  • OPNW · Nasdaq
  • Finance Services
  • Lake Mary, FL
  • 30 employees
  • CIK 0001104038

Updated from SEC filings through

Top things to know

Executives

What leadership is saying

“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
Earnings press release (8-K Ex. 99.1), filed October 26, 2026

OpenWorld, Inc. is a U.S. public company in finance services (SIC 6199), headquartered in Lake Mary, FL. It trades as OPNW on Nasdaq. Revenue was $16.4M in the fiscal year ending December 31, 2025, -32.3% from the year before. It reported about 30 employees. Matthew Shaw is Chairman and CEO of OpenWorld.

Five-year financials

MetricFY2025FY2024FY2023FY2022FY2021
Revenue $16.4M
10-K, 2026-03-31
$24.2M
10-K, 2026-03-31
$25.3M
10-K, 2025-03-12
$19.6M
10-K, 2024-03-29
$867K
10-K, 2023-03-28
Operating income -$5.1M
10-K, 2026-03-31
-$4.4M
10-K, 2026-03-31
-$3.3M
10-K, 2025-03-12
-$3.7M
10-K, 2024-03-29
-$4.8M
10-K, 2023-03-28
SG&A $4.4M
10-K, 2026-03-31
$5.2M
10-K, 2026-03-31
$6.1M
10-K, 2025-03-12
$10.1M
10-K, 2024-03-29
$5.4M
10-K, 2023-03-28
Net income -$4.9M
10-K, 2026-03-31
-$3.8M
10-K, 2026-03-31
-$3.4M
10-K, 2025-03-12
-$14.4M
10-K, 2024-03-29
$3.6M
10-K, 2023-03-28

Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.

Leadership and board

NameTitleSource
Matthew Shaw Chairman and CEO of OpenWorld 8-K, 2026-10-26
Matthew Ian Shaw Chief Executive Officer 3, 2026-10-02
Gerard Albert Palana Hernandez Chief Financial Officer 4/A, 2026-10-09
Jennifer L. Cola Jennifer L. Cola Chief Financial Officer 4, 2026-09-30
Jennifer Cola Jennifer Cola Chief Financial Officer 10-K, 2026-03-31
Nancy Meyers Named in proxy
bio: Company's Chief Financial Officer
DEF 14A, 2025-08-13
Russel Harold McMeekin Global Corporate President 4/A, 2026-10-09
Adam H. Stedham
Chief Executive Officer at VerifyMe
President, Precision Logistics 4, 2026-09-30
Jack Wang Chief Information Officer and Senior Vice President of Technology 10-K, 2026-03-31
Fred G. Volk, III Vice President, Operations 10-K, 2026-03-31
Marshall Geller non-executive Vice Chairman 10-K, 2026-03-31
David Edmonds Director 10-K, 2026-03-31
Howard Goldberg lead independent director 10-K, 2026-03-31
Arthur Laffer Board member (per proxy)
bio: Director
DEF 14A, 2025-08-13

What OpenWorld, Inc. does

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.

Item 1. Business, 10-K for the year ending December 31, 2025

Shares and governance

Shares outstanding 13.2 million (as of August 7, 2026) 10-Q, August 14, 2026
Public float $8.0M (as of June 30, 2025) 10-K, March 31, 2026
Latest proxy statement Meeting October 8, 2025 (filed August 13, 2025) DEF 14A, August 13, 2025
Auditor MaloneBailey, LLP (Houston, Texas) Latest 10-K

Recent 8-K events

  • 8-K filed 2026-11-04
    • Item 5.07 Submission of matters to a vote of security holders
  • 8-K filed 2026-10-30
    • Item 1.01 Entry into a material definitive agreement
    • Item 8.01 Other events
  • 8-K filed 2026-10-30
    • 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
  • 8-K filed 2026-10-26
    • Item 2.02 Results of operations and financial condition (earnings release)
    • Item 5.02 Departure or appointment of directors or officers; compensation
  • 8-K filed 2026-10-19
    • Item 1.01 Entry into a material definitive agreement
    • Item 3.02 Unregistered sales of equity securities
    • Item 7.01 Regulation FD disclosure
  • 8-K filed 2026-10-16
    • 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
  • 8-K filed 2026-10-15
    • Item 7.01 Regulation FD disclosure
  • 8-K filed 2026-10-08
    • Item 4.01 Changes in registrant's certifying accountant
  • 8-K filed 2026-10-07
    • Item 7.01 Regulation FD disclosure
  • 8-K filed 2026-10-01
    • Item 7.01 Regulation FD disclosure

Frequently asked questions about OpenWorld, Inc.

What does OpenWorld, Inc. do?
In its own words, from Item 1 of its 10-K: "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."
What is OpenWorld, Inc.'s revenue?
$16.4M for the fiscal year ending December 31, 2025, from its 10-K filed March 31, 2026.
Is OpenWorld, Inc. profitable?
OpenWorld, Inc. reported net income of -$4.9M for the fiscal year ending December 31, 2025.
How many employees does OpenWorld, Inc. have?
About 30 as of December 31, 2025, as stated in its annual report.
Who is the CEO of OpenWorld, Inc.?
Matthew Shaw, Chairman and CEO of OpenWorld, as named in a 8-K filed October 26, 2026.
Who is the CFO of OpenWorld, Inc.?
Gerard Albert Palana Hernandez, Chief Financial Officer, as named in a 4/A filed October 9, 2026.
Where is OpenWorld, Inc. headquartered?
Lake Mary, FL.
What is OpenWorld, Inc.'s stock ticker?
OPNW on Nasdaq.
What industry is OpenWorld, Inc. in?
Finance Services, SIC code 6199.
What is OpenWorld, Inc.'s website?
vrmeinvestor.com.
When does OpenWorld, Inc. report earnings next?
November 12, 2026 at 16:30. Source: sec_8k.
Is OpenWorld, Inc. a public company?
Yes. OpenWorld, Inc. files with the SEC under CIK 0001104038 and trades as OPNW.
Who audits OpenWorld, Inc.?
MaloneBailey, LLP, Houston, Texas, as named in its latest annual report (10-K).
How many shares of OpenWorld, Inc. are outstanding?
13.2 million shares as of August 7, 2026, from its 10-Q filed August 14, 2026.
What is OpenWorld, Inc.'s public float?
$8.0M as of June 30, 2025, as reported on the cover of its 10-K filed March 31, 2026.
When is OpenWorld, Inc.'s annual shareholder meeting?
October 8, 2025, per its proxy statement (DEF 14A) filed August 13, 2025.