OpenWorld, Inc. (VRME) Form 8-K — Oct 26, 2026
$VRMEForm 8-KItems 2.02, 5.02, 9.01Filed Oct 26, 2026, 4:30 PM ET0001214659-26-013228Original filing
OpenWorld, Inc. (Nasdaq: OPNW) filed an 8-K announcing preliminary unaudited Q3 2026 results and a CFO transition. Expected revenue is $6.9-$7.2 million with 80-82% gross margins and positive Adjusted EBITDA of $1.7-$2.0 million, though GAAP net loss is approximately $10.0 million including $11.9 million of non-recurring stock comp and merger fees. The results reflect OpenWorld's historical operations only, following the reverse takeover of VerifyMe, Inc.
Key figures
- Eps
- 0
- Revenue
- $6.9 million - $7.2 million (preliminary Q3 2026)
- Guidance
- Full Q3 2026 results expected November 12, 2026
- Net Income
- approximately $(10.0) million (preliminary GAAP net loss)
- Gross margin
- 80% - 82%
- Adjusted ebitda
- $1.7 million - $2.0 million
- Merger transaction fees
- $6.0 million
- Nonrecurring stock comp
- $5.9 million
- Gm consulting fees fy2025
- $100,000
- Gm consulting fees 9m 2026
- $120,833
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