Company research
Versus Systems Inc.
CIK 1701963Updated Sep 27, 2026
SecurityVS · NASDAQ · equity
Historical securities (1)
VSSYW · NASDAQ · warrant · closed Jan 21, 2026VS price & chart
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Seeking Alpha
Versus Systems appoints Brian Goldenberg as CFO ↗
Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07, 9.01
Unregistered Sales of Equity Securities
Items 3.02, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,061,062Source | 3,535,560Source | 4,878,317Source | 8,802,517Source |
| Property, Plant and Equipment, NetUSD | — | — | 1,935Source | 93,973Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 609,000Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 527,388Source | 3,065,914Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 836,000Source | — | — | — |
| Assets, CurrentUSD | 1,452,062Source | 3,535,560Source | 4,867,703Source | — |
| Operating Lease, Right-of-Use AssetUSD | — | — | 0Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 142,759Source | 26,288Source | 321,476Source | — |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | -141,268,519Source | -139,476,353Source | -135,434,022Source | — |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 441,995Source | 318,659Source | 248,287Source | — |
| Stockholders' Equity Attributable to ParentUSD | 10,190,922Source | 11,429,324Source | 11,944,388Source | — |
| Additional Paid in Capital, Common StockUSD | 151,017,446Source | 150,587,018Source | 147,130,123Source | — |
| Liabilities and EquityUSD | 2,061,062Source | 3,535,560Source | 4,878,317Source | — |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 142,759Source | 26,288Source | 321,476Source | — |
| Accounts Payable, CurrentUSD | — | 26,288Source | 82,579Source | — |
| Operating Lease, Liability, NoncurrentUSD | — | — | 0Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -8,272,619Source | -7,920,052Source | -7,387,547Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 142,759Source | — | 26,348Source | — |
| Deferred Revenue, CurrentUSD | — | — | 35,049Source | — |
| IntangibleAssetsOtherThanGoodwillUSD | — | — | — | 7,058,366Source |
| IssuedCapitalUSD | — | — | — | 122,353,525Source |
| NoncontrollingInterestsUSD | — | — | — | -6,383,129Source |
| RentDeferredIncomeClassifiedAsCurrentUSD | — | — | — | 69,273Source |
| TradeAndOtherCurrentPayablesUSD | — | — | — | 522,012Source |
| TradeAndOtherCurrentReceivablesUSD | — | — | — | 60,749Source |
| TradeAndOtherPayablesUSD | — | — | — | 138,276Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -2,144,733Source | -4,574,836Source | — | -21,762,333Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 430,428Source | 160,865Source | -1,452,380Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,052,862Source | -4,971,948Source | -5,520,904Source | — |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -609,000Source | — | -14,514Source | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | 3,278,235Source | 9,045,578Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -2,538,526Source | -1,623,093Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 527,388Source | 3,065,914Source | 4,689,007Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 123,336Source | 70,620Source | — | — |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | — | 17,795Source | — | — |
| AdjustmentsForSharebasedPaymentsUSD | — | — | — | 1,567,583Source |
| Share-based Payment Arrangement, ExpenseUSD | 430,428Source | — | — | — |
| Amortization of Intangible AssetsUSD | — | — | 2,444,445Source | — |
| DepreciationUSD | — | 1,688Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -35,380Source | — |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | — | — | -61,235Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | -63,385Source | — |
| GeneralAndAdministrativeExpenseUSD | — | — | — | 1,011,693Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | 3,968,332Source | — |
| Goodwill, Impairment LossUSD | — | — | 2,673,342Source | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | 3,968,332Source | — |
| Income Tax Expense (Benefit)USD | 1,596Source | 24,226Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -1,792,166Source | -4,042,331Source | -10,512,157Source | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -352,567Source | -532,505Source | — | — |
| Nonoperating Income (Expense)USD | 18,173Source | -11,384Source | — | — |
| Operating ExpensesUSD | 4,328,279Source | 4,556,237Source | 11,020,476Source | — |
| Other Nonoperating Income (Expense)USD | — | — | -13,888Source | — |
| Proceeds from Issuance of Common StockUSD | — | — | 7,812,663Source | — |
| ProceedsFromIssuingSharesUSD | — | — | — | 13,251,733Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 4,561,200Source | — |
| RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesUSD | — | — | — | 63,819Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,183,415Source | 57,288Source | 271,169Source | 1,108,840Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 4,280,214Source | 4,310,218Source | 5,944,909Source | — |
| Operating Income (Loss)USD | -2,161,310Source | -4,539,226Source | -10,852,374Source | — |
| Other Nonoperating Income (Expense)USD | — | — | -13,888Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,143,137Source | -4,550,610Source | -10,512,157Source | — |
| Income Tax Expense (Benefit)USD | 1,596Source | 24,226Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -352,567Source | -532,505Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -1,792,166Source | -4,042,331Source | -10,512,157Source | — |
| Earnings Per Share, BasicUSD per share | -0.37Source | -1.54Source | -10.44Source | — |
| Earnings Per Share, DilutedUSD per share | -0.37Source | -1.54Source | -10.44Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 4,901,677Source | 2,628,226Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 4,901,677Source | 2,628,226Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | 2,444,445Source | — |
| BasicEarningsLossPerShareUSD per share | — | — | — | -11.63Source |
| DilutedEarningsLossPerShareUSD per share | — | — | — | -11.63Source |
| FinanceCostsCAD | — | — | — | 60,770Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -35,380Source | — |
| GeneralAndAdministrativeExpenseUSD | — | — | — | 1,011,693Source |
| Goodwill, Impairment LossUSD | — | — | 2,673,342Source | — |
| Gross ProfitUSD | 2,166,969Source | 17,011Source | 168,102Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -2,143,137Source | -3,019,430Source | -8,925,899Source | — |
| InterestExpenseUSD | — | — | — | 122,992Source |
| Interest Expense, DebtUSD | — | 17,795Source | — | — |
| Nonoperating Income (Expense)USD | 18,173Source | -11,384Source | — | — |
| Operating ExpensesUSD | 4,328,279Source | 4,556,237Source | 11,020,476Source | — |
| ProfessionalFeesExpenseUSD | — | — | — | 1,041,293Source |
| Research and Development ExpenseUSD | 48,065Source | 246,019Source | 1,107,235Source | — |
| RevenueUSD | — | — | — | 1,108,840Source |
Filing attachments
ea029868201ex99-1.htm · 8-K · 2026-07-24
EX-99.1 2 ea029868201ex99-1.htm PRO FORMA BALANCE SHEET Exhibit 99.1 Versus Systems Inc. Consolidated Statements of Financial Position - Forecast (Expressed in US Dollars) March Proforma June 30, 31, Adjustments 2026 …
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