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Side-by-side financial comparison of Alector, Inc. (ALEC) and VerifyMe, Inc. (VRME). Click either name above to swap in a different company.

Alector, Inc. is the larger business by last-quarter revenue ($6.2M vs $5.0M, roughly 1.2× VerifyMe, Inc.). On growth, VerifyMe, Inc. posted the faster year-over-year revenue change (-7.4% vs -88.5%). Over the past eight quarters, VerifyMe, Inc.'s revenue compounded faster (-5.2% CAGR vs -37.4%).

Alector, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative immunotherapies for neurodegenerative diseases. Its product pipeline targets unmet medical needs including Alzheimer’s disease, frontotemporal dementia, and Parkinson’s disease, and it collaborates with global pharmaceutical partners to advance candidate therapies through clinical trials.

VerifyMe, Inc. is a technology provider specializing in identity verification, anti-counterfeiting, and brand protection solutions. Its offerings include secure authentication tools, supply chain traceability systems, and customer engagement platforms, serving consumer goods, pharmaceutical, and retail sectors across North America and select global markets.

ALEC vs VRME — Head-to-Head

Bigger by revenue
ALEC
ALEC
1.2× larger
ALEC
$6.2M
$5.0M
VRME
Growing faster (revenue YoY)
VRME
VRME
+81.1% gap
VRME
-7.4%
-88.5%
ALEC
Faster 2-yr revenue CAGR
VRME
VRME
Annualised
VRME
-5.2%
-37.4%
ALEC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ALEC
ALEC
VRME
VRME
Revenue
$6.2M
$5.0M
Net Profit
$-3.4M
Gross Margin
41.2%
Operating Margin
-68.2%
Net Margin
-66.7%
Revenue YoY
-88.5%
-7.4%
Net Profit YoY
-1696.9%
-38.4%
EPS (diluted)
$-0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALEC
ALEC
VRME
VRME
Q4 25
$6.2M
Q3 25
$3.3M
$5.0M
Q2 25
$7.9M
$4.5M
Q1 25
$3.7M
$4.5M
Q4 24
$54.2M
Q3 24
$15.3M
$5.4M
Q2 24
$15.1M
$5.4M
Q1 24
$15.9M
$5.8M
Net Profit
ALEC
ALEC
VRME
VRME
Q4 25
Q3 25
$-34.7M
$-3.4M
Q2 25
$-30.5M
$-291.0K
Q1 25
$-40.5M
$-571.0K
Q4 24
$-2.1M
Q3 24
$-42.2M
$-2.4M
Q2 24
$-38.7M
$-346.0K
Q1 24
$-36.1M
$-553.0K
Gross Margin
ALEC
ALEC
VRME
VRME
Q4 25
Q3 25
41.2%
Q2 25
35.2%
Q1 25
33.4%
Q4 24
Q3 24
34.9%
Q2 24
39.1%
Q1 24
39.2%
Operating Margin
ALEC
ALEC
VRME
VRME
Q4 25
Q3 25
-1153.6%
-68.2%
Q2 25
-433.6%
-7.1%
Q1 25
-1216.5%
-13.3%
Q4 24
-13.4%
Q3 24
-315.7%
-52.8%
Q2 24
-302.4%
-10.0%
Q1 24
-275.0%
-11.2%
Net Margin
ALEC
ALEC
VRME
VRME
Q4 25
Q3 25
-1063.4%
-66.7%
Q2 25
-387.7%
-6.4%
Q1 25
-1101.6%
-12.8%
Q4 24
-3.8%
Q3 24
-275.2%
-44.6%
Q2 24
-256.4%
-6.5%
Q1 24
-227.0%
-9.6%
EPS (diluted)
ALEC
ALEC
VRME
VRME
Q4 25
Q3 25
$-0.34
$-0.26
Q2 25
$-0.30
$-0.02
Q1 25
$-0.41
$-0.05
Q4 24
$-0.02
Q3 24
$-0.43
$-0.23
Q2 24
$-0.40
$-0.03
Q1 24
$-0.38
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALEC
ALEC
VRME
VRME
Cash + ST InvestmentsLiquidity on hand
$256.0M
Total DebtLower is stronger
$10.0M
Stockholders' EquityBook value
$30.6M
$11.1M
Total Assets
$293.2M
$13.3M
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALEC
ALEC
VRME
VRME
Q4 25
$256.0M
Q3 25
$291.1M
Q2 25
$307.3M
Q1 25
$354.6M
Q4 24
$413.4M
Q3 24
$457.2M
$2.6M
Q2 24
$503.3M
$2.9M
Q1 24
$562.1M
$2.8M
Total Debt
ALEC
ALEC
VRME
VRME
Q4 25
$10.0M
Q3 25
Q2 25
Q1 25
Q4 24
$10.0M
Q3 24
$500.0K
Q2 24
$600.0K
Q1 24
$800.0K
Stockholders' Equity
ALEC
ALEC
VRME
VRME
Q4 25
$30.6M
Q3 25
$57.7M
$11.1M
Q2 25
$71.2M
$14.4M
Q1 25
$94.6M
$14.6M
Q4 24
$126.8M
Q3 24
$118.9M
$10.3M
Q2 24
$150.6M
$12.3M
Q1 24
$178.9M
$12.4M
Total Assets
ALEC
ALEC
VRME
VRME
Q4 25
$293.2M
Q3 25
$335.3M
$13.3M
Q2 25
$356.4M
$17.2M
Q1 25
$408.3M
$17.1M
Q4 24
$468.3M
Q3 24
$516.0M
$14.8M
Q2 24
$570.7M
$17.5M
Q1 24
$635.5M
$17.9M
Debt / Equity
ALEC
ALEC
VRME
VRME
Q4 25
0.33×
Q3 25
Q2 25
Q1 25
Q4 24
0.08×
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALEC
ALEC
VRME
VRME
Operating Cash FlowLast quarter
$-184.0M
$243.0K
Free Cash FlowOCF − Capex
$-184.1M
FCF MarginFCF / Revenue
-2951.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-326.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALEC
ALEC
VRME
VRME
Q4 25
$-184.0M
Q3 25
$-32.5M
$243.0K
Q2 25
$-49.0M
$710.0K
Q1 25
$-60.8M
$-404.0K
Q4 24
$-55.0M
Q3 24
$-50.7M
$-10.0K
Q2 24
$-62.8M
$372.0K
Q1 24
$-61.3M
$-60.0K
Free Cash Flow
ALEC
ALEC
VRME
VRME
Q4 25
$-184.1M
Q3 25
$-32.5M
Q2 25
$-49.1M
Q1 25
$-60.8M
Q4 24
$-55.2M
Q3 24
$-50.9M
$-12.0K
Q2 24
$-63.1M
$369.0K
Q1 24
$-61.9M
$-62.0K
FCF Margin
ALEC
ALEC
VRME
VRME
Q4 25
-2951.3%
Q3 25
-997.6%
Q2 25
-623.0%
Q1 25
-1655.0%
Q4 24
-101.8%
Q3 24
-332.1%
-0.2%
Q2 24
-418.6%
6.9%
Q1 24
-389.3%
-1.1%
Capex Intensity
ALEC
ALEC
VRME
VRME
Q4 25
0.7%
Q3 25
0.3%
Q2 25
0.1%
Q1 25
0.5%
Q4 24
0.3%
Q3 24
1.4%
0.0%
Q2 24
2.2%
0.1%
Q1 24
3.4%
0.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALEC
ALEC

Segment breakdown not available.

VRME
VRME

Proactive Services$4.2M83%
Other$869.0K17%

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