Verb Technology Company Inc (VERB)

[dukeb]

I don't know why larger revenue would make a difference to the market cap of VERB. This is NASDAQ, not the OTC. The quarterly loss is still going to be massive.

In addition, at some point VERB should write down the entire amount they dumped into the development of the Market.live platform. It's dead at this point. As of the end of 2023 the company had those capitalized software development costs on the books for around $ 4 million. They've been amortizing that (taking a charge against earnings) of about $250 per quarter leaving a balance of around $3.7 millon on the balance sheet.

Their auditors should force them to write off that asset in its entirety because, barring any evidence to the contrary, it's worthless.