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

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND SUPPLEMENTAL DISCLOSURES (Tables)

9 Months Ended

Sep. 30, 2023

	Nine Months Ended September 30,
	2023	2022
The Company’s largest customers are presented below as a percentage of the aggregate

Revenues and Accounts receivable	No customers individually over 10% and in the aggregate	No customers individually over 10% and in the aggregate

The Company’s largest vendors are presented below as a percentage of the aggregate

Purchases	One vendor that accounted for 28% of its purchases individually and in the aggregate	Two vendors that accounted for 27% and 61%, respectively, of its purchases individually and in the aggregate

	2023		2022
	Nine Months Ended September 30,
	2023		2022
Supplemental disclosures of cash flow information:
Cash paid for interest	$	242	$	203
Cash paid for income taxes	$	2	$	1

Supplemental disclosure of non-cash investing and financing activities attributable to continuing operations:
Fair value of common shares issued to settle accrued expenses	$	346	$	450
Fair value of common shares issued as payment on notes payable		4,092		-
Fair value of common stock received in exchange for employee’s payroll taxes		-		8
Accrued software development costs		-		291
Discount recognized from notes payable		-		300
Derecognition of operating lease right-of-use assets		1,186		-
Derecognition of operating lease liabilities		1,870		-
Derecognition of other assets and liabilities related to lease termination		421		-
Recognition of operating lease right-of-use asset and related lease liability		245		-
Supplemental disclosure of non-cash investing and financing activities attributable to discontinued operations:
Discount recognized from advances on future receipts		558		900
Derecognition of operating lease right-of-use assets		-		543
Derecognition of operating lease liabilities		-		521
Recognition of operating lease right-of-use asset and related lease liability	$	-	$	212