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

Celularity Inc is the larger business by last-quarter revenue ($5.3M vs $5.0M, roughly 1.0× VerifyMe, Inc.). VerifyMe, Inc. runs the higher net margin — -66.7% vs -436.7%, a 370.0% gap on every dollar of revenue. On growth, VerifyMe, Inc. posted the faster year-over-year revenue change (-7.4% vs -43.2%). Over the past eight quarters, VerifyMe, Inc.'s revenue compounded faster (-5.2% CAGR vs -33.9%).

Celularity Inc is a clinical-stage biotechnology firm that develops off-the-shelf placental-derived cell therapies and immunotherapies for treating cancer, autoimmune, and degenerative diseases. It operates primarily in the U.S. market, with product candidates covering oncology, regenerative medicine, and infectious disease segments.

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.

CELU vs VRME — Head-to-Head

Bigger by revenue
CELU
CELU
1.0× larger
CELU
$5.3M
$5.0M
VRME
Growing faster (revenue YoY)
VRME
VRME
+35.8% gap
VRME
-7.4%
-43.2%
CELU
Higher net margin
VRME
VRME
370.0% more per $
VRME
-66.7%
-436.7%
CELU
Faster 2-yr revenue CAGR
VRME
VRME
Annualised
VRME
-5.2%
-33.9%
CELU

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CELU
CELU
VRME
VRME
Revenue
$5.3M
$5.0M
Net Profit
$-23.1M
$-3.4M
Gross Margin
26.1%
41.2%
Operating Margin
-244.1%
-68.2%
Net Margin
-436.7%
-66.7%
Revenue YoY
-43.2%
-7.4%
Net Profit YoY
-43.3%
-38.4%
EPS (diluted)
$-0.88
$-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
CELU
CELU
VRME
VRME
Q3 25
$5.3M
$5.0M
Q2 25
$5.7M
$4.5M
Q1 25
$11.4M
$4.5M
Q4 24
$18.1M
Q3 24
$9.3M
$5.4M
Q2 24
$12.1M
$5.4M
Q1 24
$14.7M
$5.8M
Q4 23
$12.1M
$8.7M
Net Profit
CELU
CELU
VRME
VRME
Q3 25
$-23.1M
$-3.4M
Q2 25
$-24.5M
$-291.0K
Q1 25
$-19.8M
$-571.0K
Q4 24
$-13.3M
Q3 24
$-16.1M
$-2.4M
Q2 24
$-6.5M
$-346.0K
Q1 24
$-22.0M
$-553.0K
Q4 23
$9.5M
$2.0K
Gross Margin
CELU
CELU
VRME
VRME
Q3 25
26.1%
41.2%
Q2 25
8.6%
35.2%
Q1 25
68.9%
33.4%
Q4 24
59.5%
Q3 24
58.2%
34.9%
Q2 24
82.5%
39.1%
Q1 24
88.8%
39.2%
Q4 23
20.7%
33.0%
Operating Margin
CELU
CELU
VRME
VRME
Q3 25
-244.1%
-68.2%
Q2 25
-276.6%
-7.1%
Q1 25
-91.8%
-13.3%
Q4 24
-51.2%
Q3 24
-124.0%
-52.8%
Q2 24
-84.0%
-10.0%
Q1 24
-50.2%
-11.2%
Q4 23
0.8%
Net Margin
CELU
CELU
VRME
VRME
Q3 25
-436.7%
-66.7%
Q2 25
-427.5%
-6.4%
Q1 25
-172.9%
-12.8%
Q4 24
-73.3%
Q3 24
-173.2%
-44.6%
Q2 24
-53.6%
-6.5%
Q1 24
-149.9%
-9.6%
Q4 23
78.8%
0.0%
EPS (diluted)
CELU
CELU
VRME
VRME
Q3 25
$-0.88
$-0.26
Q2 25
$-1.02
$-0.02
Q1 25
$-0.84
$-0.05
Q4 24
$-0.58
Q3 24
$-0.73
$-0.23
Q2 24
$-0.30
$-0.03
Q1 24
$-1.03
$-0.05
Q4 23
$0.80
$0.00

Balance Sheet & Financial Strength

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

Metric
CELU
CELU
VRME
VRME
Cash + ST InvestmentsLiquidity on hand
$120.0K
Total DebtLower is stronger
$35.7M
Stockholders' EquityBook value
$-20.1M
$11.1M
Total Assets
$114.2M
$13.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CELU
CELU
VRME
VRME
Q3 25
$120.0K
Q2 25
$863.0K
Q1 25
$293.0K
Q4 24
$738.0K
Q3 24
$133.0K
$2.6M
Q2 24
$467.0K
$2.9M
Q1 24
$1.9M
$2.8M
Q4 23
$227.0K
$3.0M
Total Debt
CELU
CELU
VRME
VRME
Q3 25
$35.7M
Q2 25
Q1 25
Q4 24
Q3 24
$500.0K
Q2 24
$600.0K
Q1 24
$800.0K
Q4 23
$875.0K
Stockholders' Equity
CELU
CELU
VRME
VRME
Q3 25
$-20.1M
$11.1M
Q2 25
$-25.5M
$14.4M
Q1 25
$-5.5M
$14.6M
Q4 24
$8.8M
Q3 24
$17.3M
$10.3M
Q2 24
$27.8M
$12.3M
Q1 24
$31.2M
$12.4M
Q4 23
$41.0M
Total Assets
CELU
CELU
VRME
VRME
Q3 25
$114.2M
$13.3M
Q2 25
$120.3M
$17.2M
Q1 25
$128.9M
$17.1M
Q4 24
$132.7M
Q3 24
$128.8M
$14.8M
Q2 24
$135.5M
$17.5M
Q1 24
$143.8M
$17.9M
Q4 23
$143.9M
$20.7M
Debt / Equity
CELU
CELU
VRME
VRME
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.06×
Q4 23

Cash Flow & Capital Efficiency

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

Metric
CELU
CELU
VRME
VRME
Operating Cash FlowLast quarter
$-4.2M
$243.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CELU
CELU
VRME
VRME
Q3 25
$-4.2M
$243.0K
Q2 25
$-999.0K
$710.0K
Q1 25
$-3.0M
$-404.0K
Q4 24
$1.6M
Q3 24
$-144.0K
$-10.0K
Q2 24
$-3.4M
$372.0K
Q1 24
$-4.4M
$-60.0K
Q4 23
$-4.3M
$843.0K
Free Cash Flow
CELU
CELU
VRME
VRME
Q3 25
Q2 25
Q1 25
Q4 24
$1.5M
Q3 24
$-12.0K
Q2 24
$-3.5M
$369.0K
Q1 24
$-4.4M
$-62.0K
Q4 23
$-4.9M
$840.0K
FCF Margin
CELU
CELU
VRME
VRME
Q3 25
Q2 25
Q1 25
Q4 24
8.3%
Q3 24
-0.2%
Q2 24
-28.7%
6.9%
Q1 24
-30.3%
-1.1%
Q4 23
-40.6%
9.6%
Capex Intensity
CELU
CELU
VRME
VRME
Q3 25
Q2 25
Q1 25
Q4 24
0.5%
Q3 24
0.0%
0.0%
Q2 24
0.3%
0.1%
Q1 24
0.3%
0.0%
Q4 23
4.8%
0.0%
Cash Conversion
CELU
CELU
VRME
VRME
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
-0.45×
421.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CELU
CELU

License Royalty And Other$2.9M56%
Degenerative Disease$2.2M42%

VRME
VRME

Proactive Services$4.2M83%
Other$869.0K17%

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