The Company reported notable financial performance metrics for the quarter: Balance Sheet: $15.8 million in cash, short-term investments, and pre-paid expenses ; Total Revenue: $0.128 million, representing an increase of 341% over the same period last year, primarily due to revenue from the partnership with TikTok and other services packages within the MARKET.live business unit, and from its new Go Fund Yourself business unit. ; Net Loss: $(1.96) million, representing an improvement of $1.74 million compared to the same period last year.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VERB:
- Verb Technology regains Nasdaq compliance, begins price manipulation probe
- Verb Technology Company Inc trading resumes
- Verb Technology Company Inc trading halted, volatility trading pause
- Verb CEO says Q3 results will be ‘exceedingly better’ than Q2 results
- Verb Technology CEO says ‘stock should be trading at more than $22 per share’