VERB Stock Income Statements
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Quarterly Income Statements
Quarterly
|
Annual
| Unit: USD | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2014-12-31 | 2014-05-31 | 2014-02-28 | 2013-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 29,000 | 29,000 | 3,000 | 2,215,000 | 2,158,000 | 2,187,000 | 2,399,000 | 2,691,000 | 2,706,000 | 2,900,000 | 2,392,000 | 2,526,000 | 2,099,000 | 2,860,000 | 2,652,000 | 2,354,000 | 2,485,000 | 2,873,000 | 3,733,000 | 9,000 | 5,673 | 10,085 | 8,239 | 8,003 | 5,914 | -47,836 | 16,243 | 31,593 | -7,768 | 2,943 | 4,825 | 6,966 |
| cost of revenue | 613,000 | 5,000 | 1,000 | 699,000 | 767,000 | 736,000 | 835,000 | 973,000 | 1,084,000 | 1,086,000 | 1,119,000 | 1,215,000 | 1,298,000 | 1,305,000 | 1,135,000 | 1,063,000 | 1,307,000 | 1,491,000 | 2,042,000 | 30,000 | 52,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| gross profit | -584,000 | 24,000 | 2,000 | 1,516,000 | 1,391,000 | 1,451,000 | 1,564,000 | 1,718,000 | 1,622,000 | 1,814,000 | 1,273,000 | 1,311,000 | 801,000 | 1,555,000 | 1,517,000 | 1,291,000 | 1,178,000 | 1,382,000 | 1,691,000 | -21,000 | -46,327 | 10,085 | 8,239 | 8,003 | 5,914 | -47,836 | 16,243 | 31,593 | -7,768 | 2,943 | 4,825 | 6,966 |
| operating expenses | ||||||||||||||||||||||||||||||||
| research and development | 0 | 538,000 | 539,000 | 648,000 | 854,000 | 1,372,000 | 1,382,000 | 1,580,000 | 2,735,000 | 3,513,000 | 3,213,000 | 2,884,000 | 2,625,000 | 2,407,000 | 1,627,000 | 1,274,000 | 1,199,000 | 1,214,000 | 1,335,000 | 564,000 | 542,213 | 202,054 | 105,733 | 130,000 | 84,030 | 68,637 | 67,350 | 0 | 485,429 | 0 | 0 | 0 |
| sales and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,970,030 | -2,408,753 | 0 | 0 | -72,715 | 0 | 0 | -13,753 |
| general and administrative | ||||||||||||||||||||||||||||||||
| total operating expenses | 2,428,000 | 2,850,000 | 2,685,000 | 4,802,000 | 4,671,000 | 6,965,000 | 6,562,000 | 7,036,000 | 5,692,000 | 6,130,000 | 6,542,000 | 7,343,000 | 6,271,000 | 6,655,000 | 4,018,000 | 3,514,000 | 5,907,000 | 3,292,000 | 3,262,000 | 2,189,000 | 1,540,033 | 472,538 | -490,145 | 5,269,574 | 3,245,398 | 2,873,185 | 854,214 | 1,131,015 | 4,095,007 | 7,480 | 14,794 | 22,361 |
| operating income | 2,428,000 | 3,409,000 | 3,268,000 | 6,105,000 | 6,460,000 | 9,127,000 | 8,339,000 | 9,025,000 | 8,890,000 | 10,043,000 | 10,155,000 | 10,641,000 | 9,298,000 | 9,450,000 | 6,002,000 | 5,151,000 | 7,123,000 | 5,024,000 | 5,164,000 | 2,753,000 | 2,082,246 | 674,592 | -384,412 | 5,399,574 | 1,359,398 | 533,069 | 921,564 | 1,131,015 | 4,507,721 | 7,480 | 14,794 | 8,608 |
| net income | -3,012,000 | -3,390,000 | -3,266,000 | -4,589,000 | -5,069,000 | -7,676,000 | -6,775,000 | -7,307,000 | -7,268,000 | -8,229,000 | -8,882,000 | -9,330,000 | -8,497,000 | -7,895,000 | -4,485,000 | -3,860,000 | -5,945,000 | -3,642,000 | -3,473,000 | -2,774,000 | -2,128,573 | -664,507 | 392,651 | -5,391,571 | -1,353,484 | -580,905 | -905,321 | -1,099,422 | -4,515,489 | -4,537 | -9,969 | 16,602 |