Versus Systems Inc. financial data

Symbol
VS, VSSYW on Nasdaq
Location
#302 1620, W.8 Th Ave, Vancouver, British Columbia, Canada
Fiscal year end
December 31
Latest financial report
10-Q/A - Q2 2025 - Aug 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 12.7K %
Return On Equity -59 % +74.9%
Return On Assets -58.5 % +69.7%
Operating Margin -1.83K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.9M shares +92.2%
Common Stock, Shares, Outstanding 4.9M shares
Entity Public Float 3.2M USD -73.4%
Weighted Average Number of Shares Outstanding, Basic 4.9M shares +95.6%
Weighted Average Number of Shares Outstanding, Diluted 4.93M shares +96.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 230K USD +652%
Cost of Revenue 8.22K USD -49.3%
Research and Development Expense 152K USD -90.7%
General And Administrative Expense 816K USD -41.1%
Operating Income (Loss) -1.77M USD
Nonoperating Income (Expense) 8.88K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.76M USD
Net Income (Loss) Attributable to Parent -1.66M USD +80.6%
Earnings Per Share, Basic 0 USD/shares
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.43M USD
Accounts Receivable, after Allowance for Credit Loss, Current 330K USD +3120%
Assets, Current 3.84M USD +110%
Property, Plant and Equipment, Net 878 USD -95.3%
Operating Lease, Right-of-Use Asset 0 USD
Assets 3.84M USD +110%
Accounts Payable, Current 26.3K USD -68.2%
Accrued Liabilities, Current 25.8K USD
Contract with Customer, Liability, Current 1.16K USD
Liabilities, Current 34.2K USD +3.8%
Operating Lease, Liability, Noncurrent 0 USD
Liabilities 34.2K USD
Accumulated Other Comprehensive Income (Loss), Net of Tax 444K USD +34.6%
Retained Earnings (Accumulated Deficit) -140M USD -1.2%
Stockholders' Equity Attributable to Parent 11.7M USD +22.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.81M USD +112%
Liabilities and Equity 3.84M USD +110%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -641K USD +63.5%
Net Cash Provided by (Used in) Financing Activities 6.37M USD
Net Cash Provided by (Used in) Investing Activities -8.55K USD
Common Stock, Shares, Issued 4.9M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -634K USD +64.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.68M USD +85.7%
Deferred Tax Assets, Valuation Allowance 22.4M USD +10.7%
Deferred Tax Assets, Gross 51K USD +5000%
Operating Lease, Liability 129K USD -65.1%
Depreciation 878 USD -89.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.88M USD
Property, Plant and Equipment, Gross 773K USD
Deferred Tax Assets, Operating Loss Carryforwards 18.2M USD +15.4%
Unrecognized Tax Benefits 50 USD
Amortization of Intangible Assets 686K USD
Share-based Payment Arrangement, Expense 21.5K USD
Interest Expense 88.3K USD -43%