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, 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 weighted-average assumptions:

	December 31, 2021			Upon Extinguishment in 2021			December 31, 2020
Stock Price	$	1.24		$	2.47		$	1.65
Exercise Price	$	1.11		$	1.10		$	1.12
Expected Life		2.97			3.32			3.84
Volatility		119	%		144	%		162	%
Dividend Yield		0	%		0	%		0	%
Risk-Free Interest Rate		0.97	%		0.33	%		0.29	%
Total Fair Value	$	3,155,000		$	4,513,000		$	8,266,000

SCHEDULE OF DERIVATIVE LIABILITY TRANSACTION

The following table sets forth a summary of the changes in the estimated fair value of the derivative liabilities during the years ended December 31, 2021 and 2020:

	Years Ended December 31,
	2021			2020
Beginning balance	$	8,266,000		$	5,048,000
Recognition of derivative liabilities		-			3,951,000
Change in fair value		(598,000	)		(574,000	)
Extinguishment		(4,513,000	)		(159,000	)
Ending balance	$	3,155,000		$	8,266,000

- 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