Verb Technology Company, Inc. VERB Balance Sheet

Verb technology company, inc. (VERB)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Aug'14	May'14	Feb'14	Dec'13	Nov'13	Aug'13	May'13	Nov'12
ASSETS
Current assets:
Cash
1,615	983	1,885	412	59	634	379	1,420	1,604	11	28	27	123	16	161	42	41	103	14	90	-	1,172	21	17	22	124	22	38	6	0
Accounts receivable, net of allowance of $280,000 and $230,000, respectively
1,212	1,271	1,338	1,255	7	1	2	-	-	-	6	0	0	8	3	34	-	0	-	-	-	-	-	5	5	-	7	-	-	-
Inventory, net of allowance of $0 and $2,000, respectively
74	103	121	165	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
249	236	188	320	212	83	63	47	35	41	26	33	34	10	-	-	-	65	-	-	-	-	0	1	1	-	12	-	-	-
Prepaid expenses and other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	104	26	-	68	113	201	69	-	-	-	13	-	-	-	-
Note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	861	-	-	-	-	-	-	-	-
Total current assets
3,150	2,593	3,532	2,152	278	718	445	1,468	1,640	52	61	60	157	36	270	181	68	168	83	204	201	2,103	22	23	28	137	42	38	6	0
Right-of-use assets, net of accumulated amortization of $484,000 and $349,000 respectively
3,140	3,275	2,986	1,219	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred offering costs
-	-	-	-	488	162	129	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposit for booth equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	199	199	199	199	-	-	-	-	-	-	-	-
Property and equipment, net of accumulated depreciation of $202,000 and $164,000, respectively
803	720	741	56	7	11	14	20	25	31	35	41	46	52	56	59	65	70	158	156	157	123	-	-	-	27	-	-	-	-
Intangible assets, net of accumulated amortization of $1,300,000 and $975,000 respectively
5,040	5,365	9,340	9,835	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
16,337	16,337	12,347	12,347	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
115	69	69	71	51	7	7	16	8	9	8	9	12	16	15	3	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,121	1,231	-	-	-	-	-	-	-	-	-
Total assets
28,585	28,359	29,015	25,680	824	898	596	1,505	1,674	92	106	110	216	104	342	244	133	239	441	1,682	1,790	2,426	22	23	28	164	42	38	6	0
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Book overdraft
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
4,569	4,338	2,524	3,126	2,171	1,148	820	547	613	665	597	435	426	431	-	-	635	355	468	408	330	311	52	1	2	185	6	-	-	-
Accrued officers' salary
207	207	207	159	205	188	168	124	118	607	475	386	311	200	-	-	-	82	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest - related parties
107	82	52	55	55	46	38	34	31	248	216	215	196	118	-	-	-	67	-	-	-	-	-	-	-	-	-	-	-	-
Advance on future receipts, net of discount of $137,000 and $274,000, respectively
457	732	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Note payable, net of discount of $1,000 and $0, respectively
-	-	-	709	355	-	0	0	0	125	183	125	203	177	125	125	725	125	1,625	1,160	525	100	-	-	-	-	-	-	-	-
Notes payable - related party
937	112	112	112	170	112	352	1,964	1,964	1,965	1,964	1,964	1,964	1,964	1,340	1,259	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	375	312	-	-	-	-	-	-	-	-	-	-	-	0	-	0
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	288	240	-	-	-	-	-	-	-	-	-	-	-	-	1	-
Convertible notes payable, net of discount of $0 and $1,082,000, respectively
-	-	-	-	1,867	818	0	0	0	1,020	786	685	680	680	934	448	-	600	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liability, current
505	391	311	227	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred incentive compensation, current
521	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue and customer deposits
261	306	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	191	237	-	-	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative liability
6,907	5,048	3,591	219	2,020	2,576	673	1,014	1,735	1,251	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	67	167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	-	-	-	-
Total current liabilities
14,471	11,216	7,055	5,011	6,843	4,888	2,056	3,686	4,463	5,881	4,224	3,812	3,783	3,572	3,063	2,386	1,360	1,231	2,094	1,568	859	411	52	1	2	260	6	0	-	-
Long Term liabilities:
Note payable - related party, non-current
240	1,065	1,065	1,065	1,065	1,065	824	-	-	-	335	294	268	-	0	0	1,513	1,351	-	-	-	0	-	-	-	-	-	-	-	-
Deferred incentive compensation to officers, non-current
521	1,042	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liability, non-current
3,432	3,591	3,296	1,003	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total long-term liabilities
-	-	-	-	-	-	824	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Convertible notes payable, net of current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	465	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
18,664	16,914	11,416	7,079	7,908	5,953	2,880	-	-	5,881	-	-	-	-	3,063	2,851	2,873	2,582	-	-	-	411	52	1	2	-	6	0	1	0
Commitments and contingencies
-	-	-	-	-	-	-	0	0	-	-	0	0	0	0	0	-	-	0	0	0	0	0	0	0	-	0	0	0	0
Stockholders' equity
Preferred stock, $0.0001 par value, 15,000,000 shares authorized: Series A Convertible Preferred Stock, 6,000 shares authorized; 3,246 and 4,396 issued and outstanding as of March 31, 2020 and December 31, 2019
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.0001 par value, 200,000,000 shares authorized, 28,962,589 and 24,496,197 shares issued and outstanding as of March 31, 2020 and December 31, 2019
3	2	2	2	1	1	17	15	15	1	11	10	9	9	9	7	6	6	6	6	6	6	0	0	0	3	0	0	0	0
Additional paid-in capital
68,449	68,028	66,730	64,617	36,590	35,611	34,431	33,066	34,229	22,750	21,657	20,235	18,285	17,815	15,882	15,452	14,817	14,650	-	-	-	12,052	-	-	-	-	-	-	-	-
Common stock issuable, 4,500,000 shares
-	-	-	-	-	-	0	0	0	-	0	0	0	-20	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Subscription receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock subscribed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,541	916	132	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,516	12,735	12,387	-	55	55	55	4,765	55	55	19	0
Accumulated deficit
-58,531	-56,585	-49,133	-46,018	-43,675	-40,667	-36,732	-35,262	-37,034	-28,540	-26,122	-24,241	-22,130	-21,273	-20,074	-18,984	-17,696	-16,999	-15,175	-12,627	-	-10,044	-	-	-	-	-	-	-	-
Common stock issuable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	160	-	-	-	-	-	-	-	-	-
Accumulated deficit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,621	-	85	33	29	4,864	19	17	14	0
Accumulated other comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-0	-	-0	-	-	-
Total stockholders' equity
9,921	11,445	17,599	18,601	-7,084	-5,055	-2,283	-2,180	-2,789	-5,789	-4,454	-3,995	-3,834	-3,468	-2,721	-2,607	-2,740	-2,342	-1,652	113	931	2,014	-29	21	25	-95	36	38	5	0
Total liabilities and stockholders' equity
28,585	28,359	29,015	25,680	824	898	596	1,505	1,674	92	106	110	216	104	342	244	133	239	441	1,682	1,790	2,426	22	23	28	164	42	38	6	0