Core Insights - Verb Technology Company, Inc. is transforming social commerce, telehealth, and crowdfunding through innovative platforms and technologies [1][4] - CEO Rory J. Cutaia will discuss the company's growth strategies and the new crowdfunding TV show "GO FUND YOURSELF" on Cheddar TV [2][3] Company Overview - Verb Technology Company operates multiple business units leveraging social commerce technology and video marketing expertise, including MARKET.live, LyveCom, VANITYPrescribed, and GoodGirlRx [4] - The company is headquartered in Las Vegas, NV, with production and creator studios in Los Angeles, CA [8] Product and Service Innovations - MARKET.live is a multi-vendor, livestream social shopping platform that enhances the shopping experience through AI capabilities, enabling real-time user-generated content and automated video ads [5] - The "GO FUND YOURSELF" TV show combines interactive crowdfunding with real-time investment opportunities, allowing viewers to engage directly with presenting companies [6] - VANITYPrescribed and GoodGirlRx are telehealth portals designed to provide affordable healthcare solutions without hidden fees, disrupting traditional healthcare pricing models [7] Recent Developments - The recent acquisition of LyveCom, an AI technology innovator in social commerce, is part of Verb's ambitious growth plans [2]

Company Overview - Verb Technology Company, Inc. (VERB) is expected to report a year-over-year increase in earnings driven by higher revenues for the quarter ended March 2025, with a consensus outlook indicating a quarterly loss of $3.14 per share, representing an 85.7% change from the previous year [1][3] - Revenues are anticipated to reach $0.8 million, reflecting a significant increase of 7900% compared to the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 21.72% lower over the last 30 days, indicating a reassessment by analysts of their initial estimates [4] - The Most Accurate Estimate for Verb Technology aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, suggesting no recent differing analyst views [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from consensus estimates, but its predictive power is significant primarily for positive readings [7][8] - Verb Technology's current Zacks Rank is 5 (Strong Sell), complicating the prediction of an earnings beat [11] Historical Performance - In the last reported quarter, Verb Technology was expected to post a loss of $2.52 per share but delivered a loss of $2.20, resulting in a surprise of +12.70% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Context - Ziff Davis, another company in the Zacks Internet - Software industry, is expected to report earnings of $1.10 per share for the same quarter, indicating a year-over-year change of -13.4% [17] - Ziff Davis's revenues are projected to be $323.51 million, up 2.9% from the previous year, with a consensus EPS estimate revised 12.1% lower over the last 30 days [18]

LAS VEGAS and LOS ALAMITOS, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ:VERB) ("VERB" or the "Company"), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today announces that the Company, Lyvecom, Inc. ("Lyvecom") and the shareholders of Lyvecom entered into a definitive Stock Purchase Agreement dated April 11, 2025 (the "Purchase Agreement") to acqui ...

Financial Data and Key Metrics Changes - For the full year 2024, the company generated total revenue of $895,000, an increase of $832,000 compared to 2023, representing a growth of 1,321% [18] - In Q4 2024, revenue reached $723,000, an increase of $694,000 year-over-year, indicating a growth of almost 2,400% [19] - Quarter-over-quarter, Q4 revenue increased by $595,000, representing a growth of almost 465% compared to Q3 2024 [19] - The company reported a significant improvement in shareholder equity, increasing from almost $2 million negative in June 2023 to more than $16 million positive in December 2024 [13] Business Line Data and Key Metrics Changes - The company transitioned from a direct sales SaaS model to a focus on interactive social video commerce, leading to the launch of several new initiatives [10][15] - The "GO FUND YOURSELF" platform generated $25,000 in revenue in Q3 and increased to $233,000 in Q4, showcasing rapid growth potential [15] - The "MARKET. live" platform showed exponential revenue growth, with Q4 revenue reaching $490,000, up from $103,000 in Q3 [17] Market Data and Key Metrics Changes - The company is entering the telehealth industry with products like VANITY Prescribed and GoodGirlRX, anticipating significant growth in this sector [15][16] - The integration of LyveCom's technology is expected to reduce operational costs by approximately $1 million per year, enhancing the company's competitive position [21] Company Strategy and Development Direction - The company has adopted a multi-pronged strategy to restructure and diversify its revenue streams, insulating itself from market volatility [14] - The focus on artificial intelligence and the acquisition of LyveCom's technology aims to enhance the company's capabilities in video-based social commerce [20][22] - The company aims to maintain a debt-free balance sheet while leveraging its cash reserves for future growth opportunities [23][24] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's future, expecting Q1 2025 revenue to surpass Q4 2024 [19] - The company has successfully insulated itself from challenging capital market conditions, positioning itself for sustainable growth [12][13] Other Important Information - The company has a tight share float of less than 1 million shares outstanding, which is expected to enhance shareholder value [23][24] - The company has a cash runway extending well into 2028, assuming zero revenue growth, providing a solid foundation for future initiatives [13] Q&A Session Summary - No specific questions or answers were recorded in the provided content, as the call concluded without a Q&A segment [26]

Financial Data and Key Metrics Changes - For the full year 2024, the company generated total revenue of $895,000, an increase of $832,000 compared to 2023, representing a growth of 1,321% [18] - In Q4 2024, revenue reached $723,000, an increase of $694,000 year-over-year, indicating a growth of almost 2,400% [19] - Quarter-over-quarter, Q4 revenue increased by $595,000, representing growth of almost 465% compared to Q3 2024 [19] - The company reported a positive shareholder equity of over $16 million as of December 2024, up from almost $2 million negative in June 2023 [13] Business Line Data and Key Metrics Changes - The company transitioned from a direct sales SaaS model to a focus on interactive social video commerce, leading to significant revenue growth [10][15] - The launch of the GO FUND YOURSELF crowdfunding platform generated $233,000 in revenue in Q4, up from $25,000 in Q3 [15] - The MARKET.live platform showed exponential revenue growth, with Q4 revenue of $490,000 compared to $103,000 in Q3 [17] Market Data and Key Metrics Changes - The company is entering the telehealth market with products like VANITY Prescribed and GoodGirlRX, anticipating significant growth due to the adoption of new weight-loss drugs [16] - The overall market conditions for small and micro-cap companies have been challenging, impacting previous business strategies [5][12] Company Strategy and Development Direction - The company has implemented a multi-pronged strategy to restructure and diversify its revenue streams, focusing on complementary business units [14] - A significant part of the strategy includes the acquisition of LyveCom to enhance AI capabilities and reduce operational costs by approximately $1 million per year [21][22] - The company aims to position itself as a leader in the social commerce space, leveraging its technology to provide solutions for brands [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's future, expecting Q1 2025 revenue to surpass Q4 2024 [19] - The CEO highlighted the importance of adapting to market conditions and the need for a robust AI strategy to remain competitive [20] Other Important Information - The company has successfully eliminated debt and has a cash position of over $13 million, providing a strong financial foundation for future growth [23][24] - The reverse stock split has resulted in a tight share float of less than 1 million shares, enhancing shareholder value [13] Q&A Session Summary - No specific questions or answers were recorded in the provided content, indicating the conclusion of the teleconference [26]

LAS VEGAS and LOS ALAMITOS, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today filed its Form 10-K reporting financial and operating results for the full year and the quarter ending December 31, 2024 and held an earnings conference call at 1 p.m. ET to discuss these resu ...

LAS VEGAS and LOS ALAMITOS, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ:VERB) ("VERB" or the "Company"), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today filed its Form 10-K reporting financial and operating results for the full year and the quarter ending December 31, 2024 and held an earnings conference call at 1 p.m. ET to discuss these resul ...

Quadruple Digit % Gains Year-Over-Year and Triple Digit % Gains Quarter-Over-Quarter Reflected in 2024 Form 10-K Debt-Free and $13.50 Cash Value Per Common Share* Increased Growth Projected For Q1 2025 LAS VEGAS and LOS ALAMITOS, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ:VERB) ("VERB" or the "Company"), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Sho ...

Business Operations - MARKET.live platform enables livestream shopping across multiple social media channels, enhancing audience reach and engagement[21] - The partnership with TikTok Shop allows for contract-based recurring fee revenue services, including onboarding and creative services for brands[23] - The acquisition of LyveCom, an AI-driven video commerce platform, is expected to enhance MARKET.live's capabilities and is set to close in early summer 2025[24][25] - The Go Fund Yourself business unit generates revenue from issuer appearance fees ranging from $15,000 to $60,000, and charges up to 25% of gross sales revenue for products sold during the show[28][33] - Vanity Prescribed, through GoodGirlRx.com, offers telehealth services and pharmaceuticals with fixed pricing, aiming to disrupt traditional healthcare pricing models[29] - The company operates three distinct business units, with the first being MARKET.live, which focuses on interactive video-based social commerce and allows brands to broadcast livestream shopping events across multiple social media platforms[128] - The Company has established technology integrations with major platforms like META, TikTok, and Pinterest, enhancing the shopping experience for users[129] - The integration of LyveCom's technology is expected to enhance the omnichannel livestream shopping experience, officially launched on March 4, 2025[132] - Vanity Prescribed, a new telehealth initiative, aims to provide affordable healthcare solutions leveraging MARKET.live's social commerce technology[136] Financial Performance - Revenue for the year ended December 31, 2024, was $895,000, a significant increase of $832,000 or 1,321% compared to $63,000 in 2023, primarily driven by MARKET.live and Go Fund Yourself business units[152] - For the quarter ended December 31, 2024, revenue reached $723,000, representing an increase of $694,000 or 2,393% from $29,000 in the same quarter of 2023, attributed to growth in MARKET.live and Go Fund Yourself[153] - Operating expenses for the year ended December 31, 2024, decreased to $1,077 million from $2,331 million in 2023, a reduction of $1,254 million due to a revision in software development cost amortization[157] - General and administrative expenses, including stock compensation, were $11,238 million for the year ended December 31, 2024, down 2% from $11,508 million in 2023, primarily due to decreased stock compensation and legal fees[158] - Other income for the year ended December 31, 2024, was $1,134 million, consisting of $812 million in other income and $455 million in interest income, offset by financing costs of $90 million[159] - Cash and cash equivalents increased to $7,617 million as of December 31, 2024, compared to $4,353 million in 2023, with total liquidity reaching $13,408 million[161] - The company issued 278,501 shares under the ATM offerings in December 2023, generating net proceeds of $12,130 million after offering costs[162] Customer Dependency - The company relies on one key customer that represents 26% of its 2024 revenue, indicating a significant dependence on this client[37] - One customer accounted for 26.0% of the company's revenues during the fiscal year ended December 31, 2024, indicating a significant dependency on a single client[64] Capital and Funding - As of December 31, 2024, the company had cash and restricted cash of $8,495 and highly liquid investments of $4,913[30] - The company has financed its operations entirely through equity investments and debt, with an outstanding note payable balance of $0.1 million as of December 31, 2024, which was fully repaid on March 7, 2025[59] - The company may need significant additional capital for future operations, which could result in substantial dilution for stockholders and restrict operational capabilities[93] - The market price of the company's common stock has been subject to significant volatility, influenced by various external factors[98] - A prolonged decline in the stock price could adversely affect the company's ability to raise capital and continue operations[100] - The company does not intend to pay any cash dividends on its common stock in the near future, focusing instead on retaining earnings for business development and expansion[102] Competition and Market Conditions - The company faces intense competition in the livestream shopping platform market, with many competitors having greater resources and established customer bases[65] - Economic conditions significantly influence demand for the company's products, with declines potentially leading to excess capacity and reduced prices[81] - The company anticipates that economic conditions, such as inflation and increased interest rates, may negatively impact demand for its products[146] Risks and Compliance - The company is dependent on third-party internet providers for service delivery, which could be disrupted by outages or cyber incidents[70] - The company has limited capital resources and may struggle to obtain additional funding on favorable terms, which could hinder growth and operational flexibility[58] - The company is subject to various data protection laws, which may impose additional operational constraints and liabilities[72] - The company recognizes the importance of maintaining and expanding its customer base to drive revenue growth, as customer usage levels are difficult to predict[63] - The company may face challenges in developing new features and enhancements to its platform, which are critical for maintaining competitiveness in a rapidly evolving technological landscape[68] - The company has integrated AI technologies into its platform, which may present operational, compliance, and reputational risks that could adversely affect business operations[75] - The company anticipates new laws or regulations regarding AI technology that may be burdensome and limit the enhancement of existing tools and features[76] - The company relies on third-party service providers for essential services, and any operational difficulties faced by these vendors could materially impact the company's ability to serve users[79] - The company faces challenges in attracting and retaining skilled software developers due to high demand and labor shortages, which could hinder software development and maintenance[80] Internal Controls and Governance - The company is committed to maintaining effective internal controls over financial reporting to meet regulatory requirements[111] - The company has implemented stringent processes to oversee and manage risks associated with third-party service providers[116] - The company concluded that its disclosure controls and procedures were effective as of December 31, 2024[195] - Management assessed the internal control over financial reporting and found it effective as of December 31, 2024[197] - There were no changes in internal control over financial reporting during the three months ended December 31, 2024 that materially affected its effectiveness[198] - The company maintains a standing Audit Committee, Compensation Committee, Governance and Nominating Committee, Risk and Disclosure Committee, and Fiscal Oversight Committee[218] - All Board members attended 100% of the Board meetings and committee meetings during fiscal year 2024[218] - The company has a policy requiring all directors to attend the annual meeting of stockholders, and all directors attended the 2024 meeting[219] - The company’s management is responsible for establishing and maintaining adequate internal control over financial reporting[196] - The company’s internal control system is designed to provide reasonable assurance regarding the reliability of financial reporting[196] - Management acknowledges that inherent limitations exist in the effectiveness of controls, which may not prevent or detect all errors and fraud[199] Shareholder Considerations - The company has registered 16,000,000 shares of common stock underlying options and shares granted under its equity incentive plans, which may lead to dilution for existing stockholders[94] - The company has repaid all outstanding obligations associated with a Securities Purchase Agreement, which previously prohibited the declaration or payment of dividends[124] - The company’s bylaws contain provisions that may limit stockholders' ability to bring claims in a judicial forum they find favorable[110] - The company’s common stock is subject to "penny stock" rules, which may limit trading activity and affect marketability[103]

Core Insights - Verb Technology Company, Inc. is launching a marathon of its show "Go Fund Yourself" on Cheddar TV, showcasing previously aired episodes to engage audiences and promote its innovative crowdfunding approach [1][2][8] - The show combines entrepreneur presentations with interactive technology, allowing viewers to invest in companies in real-time while watching [3][9] - Cheddar TV, which has a significant reach with over 40 million homes and 3 million monthly viewers, will air the marathon on March 23, 2025 [4][8] Company Overview - Verb Technology operates multiple platforms, including MARKET.live for social shopping and GO FUND YOURSELF for crowdfunding, leveraging interactive video technology [9] - The company aims to democratize access to capital for pre-IPO companies and enhance viewer engagement through real-time investment opportunities [6][9] - Verb's telehealth platforms, VANITYPrescribed.com and GoodGirlRx.com, focus on providing affordable healthcare solutions without hidden fees, disrupting traditional healthcare models [10] Show Details - "Go Fund Yourself" debuted on January 30, 2025, and features a panel of industry experts known as "Titans" who evaluate entrepreneurs' pitches [5][7] - The show is designed to provide broad exposure for participating businesses and entrepreneurs, encouraging them to apply for features on the show [6][7] - The marathon event is expected to enhance the show's visibility and impact, celebrating innovative entrepreneurs [7][8]