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)

6 Months Ended

Jun. 30, 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:

	June 30, 2021			Upon Extinguishment in 2021			December 31, 2020
Stock Price	$	2.05		$	2.35		$	1.65
Exercise Price	$	1.41		$	1.24		$	1.41
Expected Life		2.67			3.26			3.17
Volatility		126	%		143	%		107	%
Dividend Yield		0	%		0	%		0	%
Risk-Free Interest Rate		0.34	%		0.29	%		0.23	%
Warrants	$	7,911,000		$	-		$	8,266,000
Total Fair Value	$	7,911,000		$	2,300,000		$	8,266,000

SCHEDULE OF DERIVATIVE LIABILITY TRANSACTIONS

At June 30, 2021, the fair value of the derivative liability amounted to $7,911,000. The details of derivative liability transactions for the six months ended June 30, 2021 and 2020 are as follows:

	June 30, 2021			June 30, 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		1,945,000			(3,320,000	)
Extinguishment		(2,300,000	)		-
Ending balance	$	7,911,000		$	5,679,000

- 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