Verb Technology Company, Inc. (VERB) financial statements (2021 and earlier)

Company profile

Business Address 2210 NEWPORT BOULEVARD
NEWPORT BEACH, CA 92663
State of Incorp. NV
Fiscal Year End December 31
SIC 72 - Personal Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
11/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 63411171031,17223
Cash and cash equivalents 63411171031,17223
Receivables 1 8 8618
Prepaid expense 834111  12
Other undisclosed current assets    6670 
Total current assets: 71851361692,10343
Noncurrent Assets
Property, plant and equipment 11315271124 
Deposits noncurrent assets     199 
Other undisclosed noncurrent assets 169916   
Total noncurrent assets: 180396871323 
TOTAL ASSETS: 898911042402,42743
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,1486644325063126
Employee-related liabilities 188607200   
Interest and dividends payable 46248118   
Other undisclosed accounts payable and accrued liabilities 914(192)1135063126
Debt 818125177725100 
Derivative instruments and hedges, liabilities 2,5761,251    
Due to related parties 419957   
Other undisclosed current liabilities 3053,7412,907   
Total current liabilities: 4,8885,8803,5721,2314126
Noncurrent Liabilities
Liabilities, other than long-term debt 1,065  1,351  
Due to related parties 1,065  1,351  
Total noncurrent liabilities: 1,065  1,351  
Total liabilities: 5,9535,8803,5722,5824126
Stockholders' equity
Stockholders' equity attributable to parent, including: (5,055)(5,789)(3,468)(2,342)2,01536
Common stock 1129661
Common stock, share subscribed but unissued, subscriptions receivable  0(20)   
Additional paid in capital 35,61122,73917,81614,65112,05355
Accumulated other comprehensive loss      (0)
Accumulated deficit (40,667)(28,540)(21,273)(16,999)  
Other undisclosed stockholders' equity attributable to parent     (10,044)(19)
Total stockholders' equity: (5,055)(5,789)(3,468)(2,342)2,01536
TOTAL LIABILITIES AND EQUITY: 898911042402,42743

Income statement (P&L) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
11/30/2013
Revenues 32653  7
Revenue, net6   7
Other income   53 
Cost of revenue (52)(643)    
Financial services costs(643)    
Gross profit: (20)(638)53  7
Operating expenses 7,8244,703(3,131)(6,803)(4,865)(25)
Other undisclosed operating loss  (8,762)(53)   
Operating income (loss): 7,804(4,697)(3,131)(6,803)(4,865)(18)
Nonoperating expense
(Other Nonoperating expense)
 (5)(2,568)(1,142)   
Interest and debt expense (534)(977)(54)(152)(314) 
Income (loss) from continuing operations before income taxes: 7,265(8,242)(4,327)(6,955)(5,179)(18)
Income tax expense (1)(2)(1)   
Net income (loss): 7,264(8,244)(4,328)(6,955)(5,179)(18)
Other undisclosed net income (loss) attributable to parent (19,391)97754   
Net loss attributable to parent: (12,127)(7,267)(4,274)(6,955)(5,179)(18)
Preferred stock dividends and other adjustments  543    
Net loss available to common stockholders, diluted: (12,127)(6,723)(4,274)(6,955)(5,179)(18)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
11/30/2013
Net income (loss): 7,264(8,244)(4,328)(6,955)(5,179)(18)
Comprehensive income (loss): 7,264(8,244)(4,328)(6,955)(5,179)(18)
Other undisclosed comprehensive loss, net of tax, attributable to parent      (0)
Comprehensive income (loss), net of tax, attributable to parent: 7,264(8,244)(4,328)(6,955)(5,179)(18)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: