Verb Technology Company Inc
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 1, 2024
TONX$2.95+7.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Stockholders’ Equity
For the year ended December 31, 2023:
| Preferred Stock · Class A Units · Class B Units · Common Stock · Additional Paid-in · Accumulated | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Total | ||||||||||||||
| Balance as of December 31, 2022 | - | $ | - | 3 | $ | - | - | $ | - | 2,918,017 | $1 | $158,629 | $(153,464) | $5,166 |
| Issuance of common stock in connection with public offerings, net | - | - | - | - | - | - | 10,372,793 | 1 | 9,109 | - | 9,110 | |||
| Sale of preferred stock | 3,000 | 2,980 | - | - | - | - | - | - | (180) | - | 2,800 | |||
| Fair value of vested restricted stock awards, stock options and warrants | - | - | - | - | - | - | 202,567 | - | 2,400 | - | 2,400 | |||
| Deemed dividend due to warrant reset | - | - | - | - | - | - | - | - | 164 | (164) | - | |||
| Issuance of shares for fractional adjustments related to reverse stock split | - | - | - | - | - | - | 31,195 | - | - | - | - | |||
| Fair value of common shares issued for services | - | - | - | - | - | - | 128,204 | - | 200 | - | 200 | |||
| Fair value of common shares issued to settle accrued expenses | 276,676 | - | 346 | - | 346 | |||||||||
| Fair value of common shares issued as payment on notes payable | 7,301,903 | - | 5,097 | - | 5,097 | |||||||||
| Net loss | - | - | - | - | - | - | - | - | - | (21,994) | (21,994) | |||
| Balance as of December 31, 2023 | 3,000 | $2,980 | 3 | $ | - | - | $ | - | 21,231,355 | $2 | $175,765 | $(175,622) | $3,125 | |
For the year ended December 31, 2022:
| Preferred Stock · Class A Units · Class B Units · Common Stock · Additional Paid-in · Accumulated | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Total | ||||||||||||||
| Balance as of December 31, 2021 | - | $ | - | 3 | $ | - | - | $ | - | 1,823,574 | $1 | $129,348 | $(116,027) | $13,322 |
| Issuance of common stock in connection with public offering, net | - | - | - | - | - | - | 980,300 | - | 24,056 | - | 24,056 | |||
| Issuance of common stock for commitment fee related to equity line of credit agreement | - | - | - | - | - | - | 15,182 | - | - | - | - | |||
| Issuance of common stock upon exercise of options | - | - | - | - | - | - | 8,318 | - | 377 | - | 377 | |||
| Fair value of common shares issued to settle accrued expenses | - | - | - | - | - | - | 13,061 | - | 465 | - | 465 | |||
| Fair value of common shares issued for services | - | - | - | - | - | - | 54,168 | - | 1,561 | - | 1,561 | |||
| Fair value of vested restricted stock awards, stock options and warrants | - | - | - | - | - | - | 33,986 | - | 2,783 | - | 2,783 | |||
| Fair value of common shares returned and replaced with stock options | (10,572) | 39 | 39 | |||||||||||
| Net loss | - | - | - | - | - | - | - | - | - | (37,437) | (37,437) | |||
| Balance as of December 31, 2022 | - | $ | - | 3 | $ | - | - | $ | - | 2,918,017 | $1 | $158,629 | $(153,464) | $5,166 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.