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10-Q: Q2 2024 Earnings Report

10-Q: Q2 2024 Earnings Report

10-Q：2024財年二季報
美股SEC公告 ·  08/15 04:36

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Verb Technology Company, Inc. (Verb Technology) reported its financial performance for the quarter ended June 30, 2024. The company saw a revenue of $37,000, a significant increase from $3,000 in the same quarter of the previous year. Operating loss from continuing operations decreased to $2.4 million from $3.3 million year-over-year, while net loss from continuing operations improved to $1.7 million from $3.8 million. The company's other income, net, was $674,000, a notable improvement from a net other expense of $510,000 in the prior year's quarter. Verb Technology's focus has shifted to its MARKET.live business, a multi-vendor, multi-presenter, livestream social shopping platform. The company has entered into a strategic partnership with TikTok Shop, expecting to generate revenue through various services and performance goals. Looking ahead, Verb Technology aims to leverage integrations with social media platforms and strategic alliances to foster business growth. The company's cash position as of June 30, 2024, was $17.2 million, with cash flows from financing activities amounting to $18.2 million, primarily from the issuance of common stock.
Verb Technology Company, Inc. (Verb Technology) reported its financial performance for the quarter ended June 30, 2024. The company saw a revenue of $37,000, a significant increase from $3,000 in the same quarter of the previous year. Operating loss from continuing operations decreased to $2.4 million from $3.3 million year-over-year, while net loss from continuing operations improved to $1.7 million from $3.8 million. The company's other income, net, was $674,000, a notable improvement from a net other expense of $510,000 in the prior year's quarter. Verb Technology's focus has shifted to its MARKET.live business, a multi-vendor, multi-presenter, livestream social shopping platform. The company has entered into a strategic partnership with TikTok Shop, expecting to generate revenue through various services and performance goals. Looking ahead, Verb Technology aims to leverage integrations with social media platforms and strategic alliances to foster business growth. The company's cash position as of June 30, 2024, was $17.2 million, with cash flows from financing activities amounting to $18.2 million, primarily from the issuance of common stock.
Verb Technology公司報告了截止2024年6月30日的財務業績。該公司營業收入爲37,000美元，相比上一年同期的3,000美元有了顯著增長。持續經營的營業虧損由去年的330萬美元降至240萬美元，而持續經營的淨虧損由去年同期的380萬美元改善爲170萬美元。該公司的其他收入淨額爲674,000美元，在上一年同期的淨其他支出510,000美元的基礎上有了顯著改善。Verb Technology的重點已轉向其MARKEt.live業務，這是一個多供應商、多主持人、直播社交購物平台。該公司已與TikTok商店達成戰略合作伙伴關係，期望通過各種服務和績效目標創造收入。展望未來，Verb Technology旨在利用與社交媒體平台和戰略聯盟的整合來促進業務增長。該公司截至2024年6月30日的現金頭寸爲1720萬美元，融資活動現金流入1820萬美元，主要來自普通股的發行。
Verb Technology公司報告了截止2024年6月30日的財務業績。該公司營業收入爲37,000美元，相比上一年同期的3,000美元有了顯著增長。持續經營的營業虧損由去年的330萬美元降至240萬美元，而持續經營的淨虧損由去年同期的380萬美元改善爲170萬美元。該公司的其他收入淨額爲674,000美元，在上一年同期的淨其他支出510,000美元的基礎上有了顯著改善。Verb Technology的重點已轉向其MARKEt.live業務，這是一個多供應商、多主持人、直播社交購物平台。該公司已與TikTok商店達成戰略合作伙伴關係，期望通過各種服務和績效目標創造收入。展望未來，Verb Technology旨在利用與社交媒體平台和戰略聯盟的整合來促進業務增長。該公司截至2024年6月30日的現金頭寸爲1720萬美元，融資活動現金流入1820萬美元，主要來自普通股的發行。
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