Workflow
Verb(VERB)
icon
Search documents
Verb(VERB) - 2023 Q4 - Annual Report
2024-04-01 20:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 001-38834 Verb Technology Company, Inc. (Exact name of registrant as specified in its charter) | Nevada | 90-1118043 | | ...
Verb(VERB) - 2023 Q3 - Quarterly Report
2023-11-14 22:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-38834 Verb Technology Company, Inc. (Exact name of registrant as specified in its charter) | Nevada | 90-1118043 | | ...
Verb(VERB) - 2023 Q2 - Quarterly Report
2023-08-14 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-38834 Verb Technology Company, Inc. (Exact name of registrant as specified in its charter) | Nevada | 90-1118043 | | --- ...
Verb(VERB) - 2023 Q1 - Quarterly Report
2023-05-22 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ (Exact name of registrant as specified in its charter) Commission file number: 001-38834 | Nevada | 90-1118043 | | --- | --- | | (State or other jur ...
Verb(VERB) - 2022 Q4 - Earnings Call Transcript
2023-04-18 00:19
Verb Technology Company, Inc. (NASDAQ:VERB) Q4 2022 Earnings Conference Call April 17, 2023 6:00 PM ET Company Participants Rory Cutaia - CEO Salman Khan - CFO Conference Call Participants Operator Good afternoon. And welcome to the Full Year and Fourth Quarter 2022 Financial Results Conference Call for Verb Technology Company Incorporated. At this time all participants are in a listen-only mode. Please be advised that this call is being recorded at the company's request. On our call today are Rory J. Cuta ...
Verb(VERB) - 2022 Q4 - Annual Report
2023-04-17 20:55
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2022 Commission file number: 001-38834 Verb Technology Company, Inc. (Exact name of registrant as specified in its charter) | Nevada | 90-1118043 | | --- | --- | | State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization | Identification No.) | | 3401 North Thanksgiving Way, ...
Verb(VERB) - 2022 Q3 - Earnings Call Transcript
2022-11-15 00:34
Verb Technology Company, Inc. (NASDAQ:VERB) Q3 2022 Earnings Conference Call November 14, 2022 5:30 PM ET Company Participants Rory Cutaia - Founder, President, Chief Executive Officer & Chairman of the Board Salman Khan - Interim Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Ed Woo - Ascendiant Capital Martin Saltzman - AFM Investments Operator Good afternoon, and welcome to the Third Quarter 2022 Financial Results Conference Call for Verb Technology Company, Inc. ...
Verb(VERB) - 2022 Q3 - Quarterly Report
2022-11-14 21:19
FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-38834 Verb Technology Company, Inc. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | Nevada | 90-1118043 | | ...
Verb(VERB) - 2022 Q2 - Earnings Call Transcript
2022-08-16 04:18
Financial Data and Key Metrics Changes - Total digital revenue for Q2 2022 was $2.2 million, a 19% increase from Q2 2021. SaaS recurring revenue was $2 million, up 23% year-over-year [30] - Total revenue was $2.4 million, a slight increase of 0.3% compared to the same period last year [30] - Gross margin improved to 65% from 53% in the same period last year, reflecting a shift towards higher-margin digital business [32] - Research and development expenses decreased by 57% to $1.4 million compared to $3.2 million in Q2 2021 [33] Business Line Data and Key Metrics Changes - The SaaS recurring subscription revenue for the first half of 2022 was $4 million, a 30% increase from the same period last year [36] - The legacy non-digital revenue represented only 10% of total revenue in Q2 2022, down from 24% in Q2 2021 [24] Market Data and Key Metrics Changes - During the Shopfest event, total views on MARKET.live were 45,161, with total unique views at 15,444 [13] - The event generated between $20,000 and $30,000 in gross merchandise value, with an average order size of just over $80 [16] Company Strategy and Development Direction - The company is focused on enhancing its MARKET platform and plans to announce significant updates in the coming weeks [4] - The strategy emphasizes building a community-driven shopping experience where customers prefer to buy from individuals rather than brands [10][51] - The company aims to increase the number of vendors on the platform, with over 300 vendors currently committed [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the platform's ability to create value and drive revenue, emphasizing the importance of awareness and engagement [71] - The company expects to see increased recurring SaaS revenue from new products in the second half of 2022 [23] Other Important Information - Cash totaled $5.5 million as of June 30, 2022, compared to $0.9 million at the end of 2021, following a successful capital raise [39] - The company has implemented a streamlined onboarding process for vendors to enhance participation on the MARKET platform [17] Q&A Session Summary Question: Confirmation of viewership numbers from Shopfest - Management confirmed approximately 45,000 views on MARKET.live, 70,000 views on Facebook, and over 1 million views post-event on Facebook [43][45] Question: Onboarding of large brands and their participation - Management indicated that large brands are in the queue and expected to participate soon, with Shopfest's success accelerating interest [48] Question: Revenue contribution expectations for 2022 and 2023 - Management anticipates that revenue from MARKET will be significantly higher in 2023 compared to 2022, but expects meaningful contributions in 2022 as well [50] Question: Lessons learned from Shopfest and monetization strategies - Management highlighted the importance of personal relationships in driving sales and indicated plans for monetization strategies based on these insights [51] Question: Digital recurring revenue trends - Management noted that new products like verbLIVE 2.0 and Pulse are expected to drive incremental revenue growth in the latter half of the year [53] Question: Economic differences between produced events - Management clarified that when vendors produce their own events, the company incurs no costs, enhancing the economic model [80] Question: Compliance with NASDAQ listing rules - Management expressed confidence in maintaining compliance with NASDAQ rules and dismissed concerns about potential reverse splits [77]
Verb(VERB) - 2022 Q2 - Quarterly Report
2022-08-15 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-38834 Verb Technology Company, Inc. (Exact name of registrant as specified in its charter) | Nevada | 90-1118043 | | --- ...