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)

9 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Liability Transactions

At September 30, 2020, the fair value of the derivative liability amounted to $4,545,000. The details of derivative liability transactions as of and for the periods ended September 30, 2020 and 2019 are as follows:

	September 30, 2020			September 30, 2019
Beginning Balance	$	5,048,000		$	2,576,000
Fair value upon issuance of notes payable and warrants		3,951,000			6,561,000
Change in fair value		(4,295,000	)		(3,320,000	)
Extinguishment		(159,000	)		(2,227,000	)
Ending Balance	$	4,545,000		$	3,591,000

Schedule of Derivative Liability Using Binomial Pricing Model Assumptions

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

	September 30, 2020			Upon Issuance			December 31, 2019
Stock Price	$	1.08		$	1.70		$	1.55
Exercise Price	$	1.62		$	1.55		$	1.88
Expected Life		2.78			5.0			3.53
Volatility		107	%		212	%		216	%
Dividend Yield		0	%		0	%		0	%
Risk-Free Interest Rate		0.14	%		2.47	%		1.64	%

Fair Value	$	4,545,000		$	3,951,000		$	5,048,000

- 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