Verb Technology Company, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Derivative Liability (Tables)

Derivative Liability (Tables)

3 Months Ended

Mar. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Liability Using Binomial Pricing Model Assumptions

The derivative liabilities were valued using a Binomial pricing model with the following average assumptions:

	March 31, 2021			Upon Extinguishment in 2021			December 31, 2020
Stock Price	$	1.40		$	2.45		$	1.65
Exercise Price	$	1.41		$	1.10		$	1.41
Expected Life		2.92			3.83			3.17
Volatility		135	%		157	%		107	%
Dividend Yield		0	%		0	%		0	%
Risk-Free Interest Rate		0.27	%		0.34	%		0.23	%
Warrants	$	5,480,000		$	-		$	8,266,000
Convertible Notes		-			-			-
Total Fair Value	$	5,480,000		$	2,286,000		$	8,266,000

Schedule of Derivative Liability Transactions

The details of derivative liability transactions for the period ended March 31, 2021 and 2020 are as follows:

	March 31, 2021			March 31, 2020
Beginning balance	$	8,266,000		$	5,048,000
Fair value upon issuance of notes payable and/or warrants		-			3,951,000
Change in fair value		(500,000	)		(2,092,000	)
Extinguishment		(2,286,000	)		-
Ending balance	$	5,480,000		$	6,907,000

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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+ Details