Zerify, Inc. (SFOR) Income Statement Analysis – Financial Results

About Zerify, Inc.

Zerify, Inc. provides software development and services worldwide. The company develops and licenses various identification protection software products to protect computer networks from unauthorized access, as well as to protect network owners and users from cyber security attacks and data breaches. It offers ProtectID, an authentication platform to authenticate computer network users by various methods, including traditional passwords combined with a telephone, iPhone, Droid, Blackberry, PDA, multiple computer secure sessions, biometric identification, and encrypted devices, as well as through a push authentication method; and GuardedID that prevents the use of spyware/malware to collect user information. The company's products also comprise MobileTrust, an iPhone/iPad and Android device password vault that includes a password generator, as well as provides for mobile multi-factor one time password authentication; GuardedID mobile software development kit; SafeVchat video conferencing product; and PrivacyLok, which offers protective mechanisms. In addition, it provides software and hardware that are contractually licensed from other vendors, as well as additional authentication and telecommunication software devices. The company markets its products to financial service firms; healthcare related, legal services, virtual private network, technology service, and e-commerce companies; automotive; government agencies; multi-level marketing groups; and retail distributors, as well as the enterprise market. It sells its products directly to consumers through internet, distributors, resellers, third party agents, affiliates, and original equipment manufacturer agreements. The company was formerly known as StrikeForce Technologies, Inc. and changed its name to Zerify, Inc. in June 2022. Zerify, Inc. was incorporated in 2001 and is headquartered in Edison, New Jersey.