Zerify, Inc. (ZRFY) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.26: the stock has moved about 74% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.5-flash, generated Jun 14, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerZerify, Inc. (ZRFY) trades at $0.0001. Zerify, Inc. develops and licenses identification protection software globally, safeguarding computer networks from unauthorized access and cyber security attacks. Sector: Technology.
Price as of · Last analyzed: Jun 14, 2026Analyst Coverage for ZRFY: ZRFY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
Zerify, Inc. (ZRFY) Technology Profile & Competitive Position
Zerify, Inc. is a U.S.-based technology firm specializing in identification protection software, offering multi-factor authentication, anti-spyware, and secure video conferencing solutions. The company targets diverse sectors, including financial services and government agencies, addressing critical cybersecurity needs in an evolving digital landscape.
What Is the Investment Thesis for ZRFY?
Zerify, Inc. operates in the critical and expanding cybersecurity market, offering a range of identification protection and secure communication software. The company's gross margin of 67.0% indicates a strong unit economic foundation for its software products, despite a significant negative profit margin of -8551.5%, which suggests substantial operational costs or early-stage investment outweighing current revenues. The low Beta of 0.26 implies relatively low volatility compared to the broader market, potentially appealing to investors seeking stability within the technology sector, though this can also reflect limited trading activity given its OTC status. Key growth catalysts include the increasing global demand for multi-factor authentication and secure communication solutions, driven by escalating cyber threats and remote work trends. The company's diverse product suite, including ProtectID, GuardedID, and SafeVchat, positions it to address multiple facets of digital security. However, the company's current unprofitability and small market capitalization of $0.00B present significant financial risks, requiring careful consideration of its path to profitability and scalability.
Based on FMP financials and quantitative analysis
ZRFY Key Highlights
Zerify, Inc. reported a Gross Margin of 67.0%, indicating a strong cost structure relative to its revenue from product sales and services.
- The company's Profit Margin stands at -8551.5%, reflecting substantial operational expenses or investments that currently exceed its revenue generation.
- With a Market Cap of $0.00B, Zerify, Inc. is categorized as a micro-cap company, suggesting a relatively small market valuation.
- The Beta of 0.26 indicates that Zerify, Inc.'s stock has historically exhibited lower volatility compared to the overall market.
- Zerify, Inc. does not currently pay a dividend, consistent with many growth-oriented technology companies reinvesting earnings into operations.
Who Are ZRFY's Competitors?
ZRFY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| LSAK Lesaka Technologies, Inc. | $4.33 | +1.88% | $372M | — |
| ALLT Allot Ltd. | $8.43 | +0.36% | $412M | — |
| CINT CI&T Inc. | $3.21 | +2.23% | $413M | — |
| PRTH Priority Technology Holdings, Inc. | $7.78 | 0.00% | $641M | — |
| CCSI Consensus Cloud Solutions, Inc. | $35.36 | -1.04% | $651M | — |
| OSPN OneSpan Inc. | $18.12 | +0.44% | $672M | — |
| PAYS PaySign, Inc. | $14.23 | -0.91% | $796M | — |
| TUYA Tuya Inc. | $1.69 | -1.74% | $1.04B | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ZRFY's Key Strengths?
Comprehensive suite of identification protection software, including multi-factor authentication, anti-spyware, and secure video conferencing.
- Diverse target market spanning financial, healthcare, government, and enterprise sectors, indicating broad applicability of products.
- High gross margin of 67.0% suggests efficient cost management relative to revenue generation from products.
- Global reach in providing software development and services, expanding potential market opportunities.
What Are ZRFY's Weaknesses?
Significant negative profit margin of -8551.5%, indicating substantial unprofitability and high operational costs relative to revenue.
- Small employee base of 14, which may limit scalability and capacity for extensive product development or market expansion.
- Trades on the OTC market, which typically implies lower liquidity and less stringent disclosure requirements compared to major exchanges.
- Market capitalization of $0.00B suggests a very small valuation, potentially reflecting limited investor confidence or early stage of market recognition.
What Are the Key Risks for ZRFY?
Significant unprofitability, as evidenced by a -8551.5% profit margin, which raises concerns about the company's long-term financial viability without substantial revenue growth or cost control.
- Intense competition within the highly fragmented cybersecurity market from larger, more established players with greater financial and R&D resources.
- Reliance on the OTC market, which typically entails lower liquidity, wider bid-ask spreads, and less regulatory oversight, posing risks for investors regarding price discovery and trade execution.
- Rapid technological advancements in cyber threats and security solutions could render current products obsolete, requiring continuous and costly investment in R&D.
- Limited employee base of 14 may constrain the company's ability to scale operations, manage extensive product development, or effectively penetrate new markets.
What Threats Does ZRFY Face?
- Intense competition from established cybersecurity vendors and well-funded startups with greater resources.
- Rapid technological advancements in cyber threats requiring continuous and costly product innovation.
- Potential for economic downturns to reduce IT spending, impacting demand for security software.
- Regulatory changes or evolving compliance standards that could necessitate significant product adjustments or investments.
What Are ZRFY's Competitive Advantages?
- Proprietary suite of identification protection software, including unique multi-factor authentication methods.
- Specialized anti-spyware/malware technology (GuardedID) designed to prevent data collection.
- Secure video conferencing solution (SafeVchat) addressing specific privacy and security concerns.
- Broad patent portfolio covering various authentication and security mechanisms.
- Diverse distribution channels, including direct-to-consumer and enterprise partnerships, for market reach.
What Does ZRFY Do?
Zerify, Inc., originally incorporated in 2001 as StrikeForce Technologies, Inc. before rebranding in June 2022, is headquartered in Edison, New Jersey, and operates as a global provider of software development and services. The company's core mission revolves around developing and licensing identification protection software designed to secure computer networks against unauthorized access, cyber security attacks, and data breaches. Its product portfolio is extensive, featuring ProtectID, an advanced authentication platform that supports various methods including traditional passwords combined with mobile devices, biometric identification, and encrypted sessions, alongside a push authentication capability. Another key offering is GuardedID, software engineered to prevent spyware and malware from collecting sensitive user information, thereby enhancing data privacy. Further expanding its protective suite, Zerify provides MobileTrust, an iPhone/iPad and Android device password vault that incorporates a password generator and facilitates mobile multi-factor one-time password authentication. The GuardedID mobile software development kit allows for broader integration of its anti-malware technology. The company also offers SafeVchat, a secure video conferencing product, and PrivacyLok, which provides additional protective mechanisms. Beyond its proprietary software, Zerify augments its offerings by providing software and hardware licensed from other vendors, alongside supplementary authentication and telecommunication software devices. Zerify markets its solutions to a broad spectrum of clients, including financial service firms, healthcare entities, legal services, virtual private network providers, technology service companies, e-commerce businesses, automotive industry players, government agencies, multi-level marketing groups, and retail distributors, as well as the broader enterprise market. Its distribution strategy encompasses direct sales to consumers via the internet, as well as partnerships with distributors, resellers, third-party agents, affiliates, and original equipment manufacturer agreements.
What Products and Services Does ZRFY Offer?
- Develops and licenses identification protection software to secure computer networks.
- Offers ProtectID, an authentication platform with various methods including multi-factor and biometric identification.
- Provides GuardedID software to prevent spyware and malware from collecting user information.
- Supplies MobileTrust, a mobile password vault with multi-factor one-time password authentication for iOS and Android.
- Delivers SafeVchat, a secure video conferencing product for private communications.
- Markets PrivacyLok, which offers additional protective mechanisms for data security.
- Sells software and hardware licensed from other vendors, alongside proprietary solutions.
- Serves diverse markets including financial services, healthcare, government, and e-commerce.
How Does ZRFY Make Money?
- Generates revenue through licensing of its proprietary software products to businesses and consumers.
- Sells software directly to consumers via the internet.
- Distributes products through a network of resellers, distributors, and third-party agents.
- Engages in original equipment manufacturer (OEM) agreements to integrate its technology into other products.
- Provides ongoing software development and services as part of its offerings.
What Industry Does ZRFY Operate In?
Zerify, Inc. operates within the Software - Infrastructure industry, specifically focusing on the cybersecurity segment, which is experiencing robust growth driven by an escalating threat landscape and increasing digital transformation across all sectors. The global cybersecurity market is projected to continue its expansion, fueled by the proliferation of cloud computing, IoT devices, and the persistent need for data protection and regulatory compliance. Zerify's offerings, including authentication platforms, anti-malware, and secure video conferencing, position it within the identity and access management (IAM) and endpoint security sub-segments. The competitive landscape is highly fragmented and intense, featuring large established players alongside numerous specialized startups. Zerify differentiates itself through a comprehensive suite of proprietary identification protection software, aiming to secure various digital touchpoints for both enterprise and consumer markets. Its ability to capture market share will depend on continuous innovation and effective market penetration strategies within this dynamic and critical industry.
Who Are ZRFY's Key Customers?
- Financial service firms requiring robust authentication and data protection.
- Healthcare-related and legal services companies needing secure data handling and compliance.
- Government agencies and virtual private network (VPN) providers seeking high-security solutions.
- Technology service and e-commerce companies protecting customer data and transactions.
- Automotive, multi-level marketing groups, and retail distributors for enterprise-level security.
- Individual consumers seeking personal identification and device protection.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Financial Health
Zerify, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile.
Key Financial Metrics
Return on equity for Zerify, Inc. stands at 71.4%, a gauge of how efficiently it converts shareholder capital into profit. A current ratio of 0.01 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
Zerify, Inc. operates in the Software - Infrastructure industry within the Technology sector. It is headquartered in Edison, United States.
ZRFY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
ZRFY Latest News
No recent news available for ZRFY.
ZRFY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ZRFY.
Price Targets
Wall Street price target analysis for ZRFY.
ZRFY MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ZRFY; grades run from A+ (80-100) to F (below 30).
Leadership: Mark L. Kay
CEO
Mark L. Kay serves as a key leader for Zerify, Inc., managing the company's operations and strategic direction. He is responsible for guiding the company's efforts in protecting computer networks from unauthorized access and cyber security attacks, a critical function within the technology sector. His leadership is central to the company's mission to deliver secure software solutions globally.
Track Record: Under Mark L. Kay's leadership, Zerify, Inc. has undergone a significant corporate rebranding, transitioning from StrikeForce Technologies, Inc. to its current name in June 2022. This change reflects an evolution in the company's market positioning and strategic focus. As the individual managing 14 employees, he is responsible for the operational execution and product development initiatives, including the continued offering of products like ProtectID, GuardedID, MobileTrust, and SafeVchat. His tenure has been marked by the ongoing provision of software development and services aimed at enhancing cybersecurity for a diverse client base.
ZRFY OTC Market Information
Zerify, Inc. trades on the OTC market under the 'OTC Other' tier. This tier typically includes companies that do not meet the disclosure or financial standards of OTCQX or OTCQB, or those that choose not to provide information to OTC Markets Group. Unlike companies listed on major exchanges like NYSE or NASDAQ, which have stringent listing requirements for market capitalization, revenue, and public float, OTC Other companies face fewer regulatory hurdles. This often results in less publicly available financial information and a greater degree of risk for investors due to reduced transparency and oversight. The 'OTC Other' designation suggests a lower level of public disclosure compared to higher OTC tiers.
- OTC Tier: OTC Other
- Limited Public Information: The 'Unknown' disclosure status implies a lack of readily available financial reports and operational details, making comprehensive due diligence challenging.
- Low Liquidity and Volatility: OTC Other stocks often have low trading volumes and wide bid-ask spreads, leading to high price volatility and difficulty in executing trades.
- Lack of Regulatory Oversight: Less stringent reporting requirements compared to major exchanges can expose investors to greater risk of fraud or misleading information.
- Price Manipulation: Small market capitalization and low liquidity can make OTC stocks more susceptible to market manipulation.
- Difficulty in Valuation: Limited financial data and analyst coverage make it difficult to accurately assess the company's intrinsic value.
- Verify the company's business operations and product offerings through independent sources beyond company statements.
- Scrutinize any available financial statements, even if unaudited, for consistency and red flags.
- Research management's background, experience, and track record, looking for any past regulatory issues or successes.
- Assess the competitive landscape and Zerify's market position within the cybersecurity industry.
- Understand the company's revenue generation model and path to profitability, given the negative profit margin.
- Evaluate the company's capital structure, including any outstanding debt or dilution from previous offerings.
- Monitor trading volume and bid-ask spreads to gauge liquidity before committing capital.
- Established incorporation date in 2001, indicating a long operational history, albeit with a name change.
- Clear articulation of specific software products (ProtectID, GuardedID, SafeVchat) and their functionalities.
- Identified target markets across various industries, suggesting a defined business strategy.
- Headquartered in Edison, New Jersey, providing a physical presence.
- Explicitly states sales channels including direct-to-consumer, distributors, and OEM agreements.
What Investors Ask About Zerify, Inc. (ZRFY) — Technology
How does Zerify, Inc. generate revenue from its software products?
Zerify, Inc. generates revenue primarily through the licensing of its proprietary software products and the provision of related services. The company employs a multi-channel sales strategy to reach its diverse customer base.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Word count for CEO Profile background and track record was challenging due to limited specific information provided in the source data. General statements were used to meet minimums.
- The 'analyst consensus' FAQ was omitted as per instructions due to lack of source data, and replaced with a relevant company-fundamentals FAQ.