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

Quarterly report pursuant to Section 13 or 15(d)

Equity Transactions (Tables)

Equity Transactions (Tables)

3 Months Ended

Mar. 31, 2018

A summary of option activity for the three months ended March 31, 2018 is presented below.

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in Years)		Aggregate Intrinsic Value
Outstanding at December 31, 2017		21,840,953		$	0.33		1.21
Granted		906,272			0.26
Exercised		-			-
Forfeited or expired		(300,000	)		1.30
Outstanding at March 31, 2018		22,447,225		$	0.25		1.83	$	26,926,862
Vested and deemed vested at March 31, 2018		12,229,135		$	0.30			$	14,435,999
Exercisable at March 31, 2018		9,692,428		$	0.35			$	10,693,296

Schedule of Fair Value Assumptions Using Black-Scholes Method

The fair value of share option award is estimated using the Black-Scholes method based on the following weighted-average assumptions:

	3 Months Ended March 31,
	2018			2017
Risk-free interest rate		2.25% - 2.66	%		1.93	%
Average expected term (years)		5 years			5 years
Expected volatility		184.45	%		160	%
Expected dividend yield		-			-

Schedule of Warrants Outstanding

The Company has the following warrants outstanding as of March 31, 2018 all of which are exercisable:

						Weighted-
				Weighted-		Average
				Average		Remaining		Aggregate
				Exercise		Contractual		Intrinsic
	Warrants			Price		Life (Years)		Value

Outstanding at December 31, 2017		28,436,413		$	0.13		2.79	$	-
Granted		3,000,000			0.21		-		-
Forfeited		(48,000	)		0.10		-		-
Exercised		(1,281,000	)		0.17		-		-
Outstanding at March 31, 2018		30,107,413		$	0.14		3.15	$	39,553,468

Vested March 31, 2018		30,107,413						$	39,553,468

Exercisable at March 31, 2018		30,107,413						$	39,553,468

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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