Verb Technology Company, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Derivative Liability (Tables)

Derivative Liability (Tables)

12 Months Ended

Dec. 31, 2020

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:

	December 31, 2020			Upon Issuance 2020			December 31, 2019			Upon Issuance 2019
Stock Price	$	1.65		$	1.70		$	1.55		$	4.78
Exercise Price	$	1.41		$	1.55		$	1.88		$	3.76
Expected Life		3.17			5.0			3.53			2.75
Volatility		107	%		212	%		216	%		192	%
Dividend Yield		0	%		0	%		0	%		0	%
Risk-Free Interest Rate		0.23	%		2.47	%		1.64	%		1.99	%
Warrants	$	8,266,000		$	3,951,000		$	5,048,000		$	6,173,000
Convertible Notes		-			-			-			388,000
Total Fair Value	$	8,266,000		$	3,951,000		$	5,048,000		$	6,561,000

Schedule of Derivative Liability Transactions

The details of derivative liability transactions for the year ended December 31, 2020 are as follows:

	December 31, 2020			December 31, 2019
Beginning balance	$	5,048,000		$	2,576,000
Fair value upon issuance of notes payable and/or warrants		3,951,000			6,561,000
Change in fair value		(574,000	)		(1,862,000	)
Extinguishment		(159,000	)		(2,227,000	)
Ending balance	$	8,266,000		$	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