Significant Revenue Growth
Revenue increased by 80% over the prior quarter to $1.3 million, and by approximately 46% over all four quarters of 2024 combined.
Successful Acquisition and Integration
Negotiated and closed an $8.5 million cash and stock acquisition of a leading AI social commerce technology company, integrating their technology into Verb's platform.
Strong Financial Position
Maintained a robust zero-debt cash balance, secured a $5 million preferred stock deal with a 9% annual dividend, and projected to fund operations into 2028 and beyond.
Innovative Technology Solutions
Launched new technology for streaming directly from clients' websites to social media channels, leading to increased client acquisition.
Growth in Diverse Business Units
Continued month-over-month growth in telehealth platforms and increased demand for the crowd-funding TV show 'Go Fund Yourself.'