Verb Technology Company, Inc. General form of registration statement for all companies including face-amount certificate companies

Summary of Significant Accounting Policies (Sound Concepts Inc.) (Tables) - Sound Concepts, Inc. [Member]

12 Months Ended

Dec. 31, 2018

The details of these significant customers and vendors are presented in the following table for the years ended December 31, 2018, 2017 and 2016:

	Year Ended	Year Ended	Year Ended
	December 31, 2018	December 31, 2017	December 31, 2016
	Unaudited
Sound Concept’s largest customers are presented below as a percentage of Sound Concept’s aggregate:

Revenue	11% of revenue from one customer	17%, 17% and 11% of revenue, or 45% of revenue in the aggregate	38% and 12% of revenue, or 50% of revenue in the aggregate

Accounts receivable	10% and 17% of accounts receivable, or 27% of accounts receivable in the aggregate	24%, 13% and 13% of accounts receivable, or 50% of accounts receivable in the aggregate	38% and 10% of accounts receivable, or 48% of accounts receivable in the aggregate

Sound Concept’s largest vendors are presented below as a percentage of Sound Concept’s aggregate:

Purchase	12% of purchase from one vendor	None over 10%	15% of purchase from one vendor

Accounts payable	16% and 10% of accounts payable, or 26% of accounts payable in the aggregate	14% of accounts payable to one vendor	21%, 16% and 11% of accounts payable, or 48% of accounts payable in the aggregate

The Company amortizes leasehold improvements over the estimated life of these assets or the term of the lease, whichever is shorter: