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 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]