Versus Systems Inc. financial data

Symbol
VS, VSSYW on Nasdaq
Location
Vancouver
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 14 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 19808% % 884%
Debt-to-equity 0% %
Return On Equity -50% % 83%
Return On Assets -50% % 82%
Operating Margin -1830% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4,901,677 shares 78%
Common Stock, Shares, Outstanding 4,901,677 shares
Entity Public Float $3,200,000 USD -73%
Weighted Average Number of Shares Outstanding, Basic 4,901,677 shares 96%
Weighted Average Number of Shares Outstanding, Diluted 4,901,677 shares 96%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $230,132 USD 652%
Cost of Revenue $8,222 USD -49%
Research and Development Expense $154,780 USD 26%
Operating Income (Loss) $1,999,459 USD -43%
Nonoperating Income (Expense) $8,881 USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,990,651 USD -43%
Income Tax Expense (Benefit) $1,596 USD
Net Income (Loss) Attributable to Parent $1,636,750 USD 79%
Earnings Per Share, Basic 0 USD/shares 50%
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $2,432,219 USD
Accounts Receivable, after Allowance for Credit Loss, Current $330,000 USD 3120%
Assets, Current $2,772,675 USD 123%
Property, Plant and Equipment, Net $878 USD -95%
Intangible Assets, Net (Excluding Goodwill) $300,000 USD
Assets $3,072,675 USD 147%
Accounts Payable, Current $26,288 USD -68%
Accrued Liabilities, Current $25,783 USD
Contract with Customer, Liability, Current $1,164 USD
Liabilities, Current $2,483 USD -91%
Liabilities $2,483 USD
Accumulated Other Comprehensive Income (Loss), Net of Tax $442,640 USD 60%
Retained Earnings (Accumulated Deficit) $140,303,579 USD -1.2%
Stockholders' Equity Attributable to Parent $11,135,031 USD 25%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $3,070,192 USD 152%
Liabilities and Equity $3,072,675 USD 147%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $641,445 USD 64%
Common Stock, Shares, Issued 4,901,677 shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $633,695 USD 65%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $1,405,628 USD 198%
Deferred Tax Assets, Valuation Allowance $22,387,000 USD 11%
Deferred Tax Assets, Gross $51,000 USD 5000%
Depreciation $878 USD -90%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,798,400 USD 13%
Property, Plant and Equipment, Gross $773,206 USD
Deferred Tax Assets, Operating Loss Carryforwards $18,198,000 USD 15%
Unrecognized Tax Benefits $50 USD
Share-based Payment Arrangement, Expense $21,476 USD