LOS ANGELES, July 24, 2025 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ: VERB) (“VERB” or the “Company”), the force behind MARKET.live, a leading livestream social shopping platform, today announced an exclusive TikTok LIVE event produced in partnership with health and wellness brand FlavCity. The livestream will feature FlavCity founder Bobby Parrish, who will unveil the brand’s new Anytime Essentials line—a functional daily drink solution aimed at helping consumers replace sugary, artificial ...

Core Viewpoint - Verb Technology Company, Inc. is leveraging its MARKET.live division to host an exclusive livestream shopping event for BelliWelli on Walmart.com, highlighting the growing trend of livestream shopping in retail [1][4]. Company Overview - Verb Technology Company, Inc. operates in social commerce, social telehealth, and social crowdfunding, utilizing its various platforms including MARKET.live, LyveCom, VANITYPrescribed, and GoodGirlRx [5][6]. - The company aims to transform the retail landscape by providing advanced AI capabilities for real-time user engagement and content creation, enhancing the shopping experience [6]. Event Details - The livestream event for BelliWelli will take place on July 1, 2025, at 4:00 PM PT, marking the brand's debut on Walmart.com [2]. - The event will be produced from MARKET.live Studios in California, ensuring a high-quality livestream shopping experience [2][3]. Industry Trends - Livestream shopping is becoming increasingly popular among major brands and retailers as a method to boost customer engagement and conversion rates, creating a more personalized shopping experience [4].

Core Viewpoint - Verb Technology Company, Inc. (VERB) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are strongly correlated with near-term stock price movements [2][3]. - Institutional investors rely on earnings estimates to determine the fair value of stocks, leading to significant buying or selling activity that affects stock prices [3]. Company Performance Indicators - Verb Technology's rising earnings estimates and the Zacks rating upgrade suggest an improvement in the company's underlying business, which is expected to drive the stock price higher [4]. - For the fiscal year ending December 2025, Verb Technology is projected to earn -$8.03 per share, reflecting a 58.8% change from the previous year [7]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - Verb Technology's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9].

Verb Technology (VERB) Q1 2025 Earnings Call May 13, 2025 01:00 PM ET Company Participants Rory Cutaia - Founder, Chairman, President & CEO Operator Good afternoon, and welcome to the First Quarter twenty twenty five Financial Results Conference Call for Verb Technology Company Incorporated. At this time, all participants are in a listen only mode. Please be advised the call is being recorded at the company's request. On our call today is Rory J. Cutayo, Verb's Founder, Chairman and CEO. Before we begin, I' ...

Financial Data and Key Metrics Changes - In Q1 2025, the company reported revenue of $1,300,000, representing an 80% increase over the previous quarter and approximately 46% growth compared to the total revenue of $895,000 for all of 2024 [7][8] - The company maintains a strong financial position with zero debt and a robust cash balance, having added $5,000,000 back onto the balance sheet through a non-dilutive funding opportunity [9][10] Business Line Data and Key Metrics Changes - The company has signed many high-profile clients for its Market.Live platform, although specific names cannot be disclosed due to contractual agreements [11] - The new technology allows streaming directly from clients' websites and multicasting across social media, enhancing client relationships and driving growth in shoppable ads [12][13] Market Data and Key Metrics Changes - The telehealth platforms, Vanity Prescribe and GoodGoRx, are experiencing month-over-month growth, contributing to recurring subscription-based revenue [13] - The crowdfunding TV show, GoFund Yourself, is gaining popularity, leading to increased demand from issuers and a more selective process for participation [13] Company Strategy and Development Direction - The company is focused on integrating AI technology into its platform and has successfully negotiated an acquisition deal valued at $8,500,000 [8] - The management team expresses confidence in the company's trajectory, emphasizing a clean capital structure and the ability to fund operations into 2028 and beyond [10] Management's Comments on Operating Environment and Future Outlook - Management is optimistic about Q2 results, expecting them to surpass Q1 performance [15] - The CEO highlighted the company's resilience and the strong performance of each business division, indicating a positive outlook for future growth [5][6] Other Important Information - The company has a strong cash position and is not in a desperate search for capital, which is a significant advantage in the current market environment [10] - The management team has expressed gratitude for the support of the board and the commitment of the team during challenging times [5][6] Q&A Session Summary - No specific questions or answers were documented in the provided content, as the call concluded without a Q&A segment [16]

Core Viewpoint - Verb Technology Company, Inc. reported strong financial results for Q1 2025, showcasing significant revenue growth and successful acquisitions, while maintaining a robust cash position and zero debt [5][8][10]. Financial Performance - The company reported revenue of $1.3 million for Q1 2025, representing an 80% increase over Q4 2024 and approximately 46% growth compared to the total revenue of $895,000 for all of 2024 [8]. - The company has a clean balance sheet with zero debt and a strong cash position, allowing it to fund operations easily into 2028 and beyond [10][12]. Business Developments - Verb Technology completed an $8.5 million cash and stock acquisition of an AI social commerce technology company, integrating its technology into Verb's platform [9]. - The company signed numerous high-profile clients for its MARKET.live platform, which is now white-labeling its services for various brands [13]. Product and Service Growth - The telehealth platforms, VanityPrescribed and GoodGirlRx, are experiencing month-over-month growth, contributing to recurring subscription-based revenue [15]. - The "Go Fund Yourself" crowdfunding TV show is gaining popularity, leading to increased demand from issuers and the production of multiple episodes each month [15]. Technology and Innovation - MARKET.live has enhanced its technology to allow streaming directly from clients' websites, enabling brands to maintain customer relationships while broadcasting across social media [14]. - The company leverages advanced AI capabilities for user-generated content creation and automated video content repurposing, optimizing merchandising strategies and increasing conversion rates [20].

Company Performance - Verb Technology Company, Inc. reported a quarterly loss of $2.51 per share, which was better than the Zacks Consensus Estimate of a loss of $3.14, and a significant improvement from a loss of $22 per share a year ago, indicating an earnings surprise of 20.06% [1] - The company posted revenues of $1.31 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 63.13%, compared to revenues of $0.01 million in the same quarter last year [2] - Over the last four quarters, Verb Technology has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Outlook - Verb Technology shares have declined approximately 11.2% since the beginning of the year, while the S&P 500 has only declined by 0.6% [3] - The current consensus EPS estimate for the upcoming quarter is -$2.97 on revenues of $0.9 million, and for the current fiscal year, it is -$11.25 on revenues of $3.4 million [7] - The estimate revisions trend for Verb Technology is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] Industry Context - The Internet - Software industry, to which Verb Technology belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]

Core Insights - Verb Technology Company, Inc. reported an impressive revenue growth of 80% quarter-over-quarter and an extraordinary increase of 18,543% year-over-year for Q1 2025, with total revenue reaching $1.305 million, surpassing the entire annual revenue of 2024 [1][5][14] - The company successfully closed an acquisition of AI social commerce technology platform Lyvecom for $8.5 million and added $5 million in cash to its balance sheet through a non-dilutive, non-convertible preferred stock deal [1][5][25] - Verb Technology maintains a strong cash position with zero debt, expected to fund operations into 2028 and beyond, indicating robust financial health [1][5][21] Financial Performance - For the three months ended March 31, 2025, revenue was $1,305 thousand, a significant increase of $1,298 thousand compared to $7 thousand in the same period of 2024, marking a growth of 18,543% [4][7] - The operating loss from continuing operations improved to $(2,659) thousand, a reduction of $558 thousand or 17% compared to the prior year [5][18] - General and administrative expenses increased slightly by $368 thousand, representing a 12% rise over the previous year, indicating that revenue growth is driving performance rather than cost-cutting measures [5][10] Acquisition and Strategic Moves - The acquisition of Lyvecom is valued at $8.5 million, enhancing Verb's capabilities in the social commerce space [1][5][25] - The company has replenished cash reserves through a strategic financing move, ensuring liquidity for future operations and growth initiatives [1][5][21] Cash and Debt Position - As of March 31, 2025, Verb Technology reported cash and investments totaling $12.236 million, down from $13.408 million a year earlier, but still indicating a solid liquidity position [21] - The company has retired all remaining debt, reinforcing its zero-debt status and financial stability [1][5]

[PART I - FINANCIAL INFORMATION](index=4&type=section&id=PART%20I%20-%20FINANCIAL%20INFORMATION) [ITEM 1 - FINANCIAL STATEMENTS (UNAUDITED)](index=4&type=section&id=ITEM%201%20-%20FINANCIAL%20STATEMENTS%20%28UNAUDITED%29) This section presents the unaudited condensed consolidated financial statements for Q1 2025, highlighting significant revenue growth, reduced net loss, and details on business units, accounting policies, and subsequent events [Condensed Consolidated Financial Statements](index=7&type=section&id=Condensed%20Consolidated%20Financial%20Statements) The company's Q1 2025 revenue surged to **$1,305 thousand**, net loss improved to **$(2,438) thousand**, and total assets stood at **$18,368 thousand** as of March 31, 2025 Condensed Consolidated Statements of Operations (in thousands) | | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | | :--- | :--- | :--- | | **Revenue** | **$1,305** | **$7** | | Total costs and expenses | $3,964 | $3,224 | | Operating loss | $(2,659) | $(3,217) | | **Net loss** | **$(2,438)** | **$(3,445)** | | Net loss attributable to Verb | $(2,564) | $(3,445) | | **Loss per share – basic and diluted** | **$(2.51)** | **$(22.60)** | Condensed Consolidated Balance Sheet Highlights (in thousands) | | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash | $6,275 | $7,617 | | Total current assets | $14,251 | $16,468 | | **Total assets** | **$18,368** | **$20,635** | | Total current liabilities | $3,644 | $4,294 | | **Total liabilities** | **$3,827** | **$4,614** | | **Total stockholders' equity** | **$14,541** | **$16,021** | Condensed Consolidated Statements of Cash Flows (in thousands) | | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | | :--- | :--- | :--- | | Net cash used in operating activities | $(1,070) | $(2,209) | | Net cash used in investing activities | $(152) | $(41) | | Net cash provided by (used in) financing activities | $(118) | $12,079 | | **Net change in cash and restricted cash** | **$(1,340)** | **$9,829** | [Notes to Condensed Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) The notes detail the company's three revenue-generating business units, segment performance for Q1 2025, and significant subsequent events including the acquisition of Lyvecom and a **$5 million** equity financing - The company's business is comprised of three units: MARKET.live (social commerce), GO FUND YOURSELF! (interactive crowdfunding platform), and Vanity Prescribed (telehealth initiative)[29](index=29&type=chunk)[33](index=33&type=chunk)[35](index=35&type=chunk) Segment Performance for Q1 2025 (in thousands) | Reportable Segments | Revenues | Operating income (loss) | | :--- | :--- | :--- | | MARKET.live | $561 | $(619) | | Go Fund Yourself | $744 | $303 | | Corporate | $- | $(2,343) | | **Consolidated** | **$1,305** | **$(2,659)** | - On April 11, 2025, the company acquired Lyvecom, an AI-driven video commerce platform, with the purchase price including **$3 million** in cash, repayment of **$1.125 million** in S.A.F.E. instruments, payment of a **$100 thousand** loan, and issuance of 184,812 restricted shares valued at **$1 million**[32](index=32&type=chunk)[131](index=131&type=chunk) - Subsequent to the quarter end, on April 22, 2025, the company raised **$5 million** in cash by selling 5,000 shares of Series D Non-Convertible Preferred Stock to an investor[132](index=132&type=chunk)[133](index=133&type=chunk)[134](index=134&type=chunk) [ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](index=33&type=section&id=ITEM%202%20-%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management discusses the company's financial performance, highlighting a significant strategic shift, resulting revenue growth, improved non-GAAP Modified EBITDA, and strengthened liquidity post-quarter-end through acquisition and equity financing [Results of Operations](index=38&type=section&id=Results%20of%20Operations) Revenue for Q1 2025 dramatically increased to **$1,305 thousand**, driven by new business units, while operating loss narrowed and Modified EBITDA showed significant improvement Comparison of Q1 2025 vs. Q1 2024 (in thousands) | | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | Change | | :--- | :--- | :--- | :--- | | **Revenue** | **$1,305** | **$7** | **$1,298** | | Operating loss | $(2,659) | $(3,217) | $558 | | Net loss | $(2,438) | $(3,445) | $1,007 | Comparison of Q1 2025 vs. Q4 2024 (in thousands) | | March 31, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | **Revenue** | **$1,305** | **$723** | **$582** | | Operating loss | $(2,659) | $(3,710) | $1,051 | | Net loss | $(2,438) | $(3,369) | $931 | Modified EBITDA Reconciliation (Non-GAAP, in thousands) | | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | | :--- | :--- | :--- | | Net loss | $(2,438) | $(3,445) | | Total EBITDA adjustments | $1,400 | $946 | | **Modified EBITDA** | **$(1,038)** | **$(2,499)** | [Liquidity and Capital Resources](index=41&type=section&id=Liquidity%20and%20Capital%20Resources) As of March 31, 2025, the company held **$12,236 thousand** in cash and liquid investments, with improved operating cash flow and a **$5 million** equity financing post-quarter-end enhancing liquidity Liquidity Position (in thousands) | | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash | $6,275 | $7,617 | | Restricted Cash | $880 | $878 | | Investments (Govt. & Corp.) | $5,081 | $4,913 | | **Total** | **$12,236** | **$13,408** | - Net cash used in operating activities decreased to **$(1,070) thousand** for the three months ended March 31, 2025, compared to **$(2,209) thousand** for the same period in 2024[174](index=174&type=chunk)[176](index=176&type=chunk) - Subsequent to the quarter, the company secured **$5,000 thousand** in a private placement of Series D Preferred Stock, enhancing its capital resources[157](index=157&type=chunk) [ITEM 3 - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](index=47&type=section&id=ITEM%203%20-%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) As a smaller reporting company, Verb Technology is not required to provide quantitative and qualitative disclosures about market risk - As a smaller reporting company, Verb Technology is not required to provide quantitative and qualitative disclosures about market risk[205](index=205&type=chunk) [ITEM 4 - CONTROLS AND PROCEDURES](index=47&type=section&id=ITEM%204%20-%20CONTROLS%20AND%20PROCEDURES) Management concluded that the company's disclosure controls and procedures were effective as of March 31, 2025, with no material changes in internal control over financial reporting during the quarter - Management, including the principal executive and financial officers, concluded that the company's disclosure controls and procedures were effective as of March 31, 2025[207](index=207&type=chunk) - No changes in internal control over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[208](index=208&type=chunk) [PART II - OTHER INFORMATION](index=48&type=section&id=PART%20II%20-%20OTHER%20INFORMATION) [ITEM 1 - LEGAL PROCEEDINGS](index=48&type=section&id=ITEM%201%20-%20LEGAL%20PROCEEDINGS) The company is appealing a **$584 thousand** judgment related to a breach of contract claim from a former employee of a predecessor company, with the judgment amount bonded - The company is appealing a judgment of **$584 thousand** related to a breach of contract claim from a former employee of a predecessor company dating back to 2015[121](index=121&type=chunk)[212](index=212&type=chunk) [ITEM 1A - RISK FACTORS](index=48&type=section&id=ITEM%201A%20-%20RISK%20FACTORS) There have been no material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2024 - There have been no material changes in the risk factors from those identified in the 2024 Form 10-K filed on March 25, 2025[213](index=213&type=chunk) [ITEM 2 - UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS](index=48&type=section&id=ITEM%202%20-%20UNREGISTERED%20SALES%20OF%20EQUITY%20SECURITIES%20AND%20USE%20OF%20PROCEEDS) The company reported no unregistered sales of equity securities or use of proceeds during the reporting period - None[214](index=214&type=chunk) [ITEM 5 - OTHER INFORMATION](index=48&type=section&id=ITEM%205%20-%20OTHER%20INFORMATION) No director or officer of the company adopted or terminated a Rule 10b5-1 trading arrangement during the three months ended March 31, 2025 - No director or officer of the Company adopted or terminated a Rule 10b5-1 trading arrangement during the three months ended March 31, 2025[217](index=217&type=chunk) [ITEM 6 - EXHIBITS](index=48&type=section&id=ITEM%206%20-%20EXHIBITS) This section provides an index of all exhibits filed with the Form 10-Q, including the Certificate of Designation for Series D Preferred Stock, the Lyvecom acquisition agreement, and the recent equity financing agreement - Exhibits filed include the Certificate of Designation of Series D Preferred Stock, the Stock Purchase Agreement for Lyvecom, Inc., and the Securities Purchase Agreement with Streeterville Capital, LLC[221](index=221&type=chunk)

Core Viewpoint - Verb Technology Company, Inc. is set to discuss its financial results for Q1 2025 on May 13, 2025, highlighting its innovative approach in social commerce, telehealth, and crowdfunding [1][2]. Company Overview - Verb Technology Company operates several business units focused on transforming social commerce, telehealth, and crowdfunding through platforms like MARKET.live, VANITYPrescribed, GoodGirlRx, and the GO FUND YOURSELF TV Show [1][3]. - The company leverages advanced AI technology to enhance user engagement and optimize content creation for brands, aiming to provide a seamless omnichannel shopping experience [3]. Upcoming Events - A conference call will be hosted by CEO Rory J. Cutaia on May 13, 2025, at 1:00 p.m. Eastern time to discuss the financial results, with a press release to be issued beforehand [1][2]. - A telephonic replay of the conference call will be available from May 13, 2025, at 5:00 p.m. Eastern time until May 27, 2025, at 11:59 p.m. Eastern time [2][3]. Product and Service Innovations - MARKET.live is a multi-vendor, livestream social shopping platform that integrates AI capabilities for real-time content creation and audience engagement [3]. - The GO FUND YOURSELF platform combines an interactive TV show with crowdfunding capabilities, allowing viewers to invest in real-time as they watch presentations [3]. - VANITYPrescribed and GoodGirlRx are telehealth portals designed to provide affordable healthcare solutions without hidden fees, aiming to disrupt traditional healthcare models [3].