Versus Systems Inc
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 1, 2024
VS$0.79-5.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholder’s Equity
Consolidated Statements of Changes in Stockholder's Equity (Deficit)
| Number of Common · Number of Class “A” · Common · Commitment to issue · Class “A” · Additional Paid in · Currency translation · Non-controlling · Total Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Shares | Shares | shares | Shares | Capital | adjustment | Deficit | Equity | Interest | (Deficit) | |
| ($) · ($) · ($) · ($) · ($) · ($) · ($) · ($) · ($) | |||||||||||
| Balance at December 31, 2021 | 64,810 | 21 | 110,226,715 | 2,703,326 | 28,247 | 10,661,294 | - | (101,017,387) | 22,602,195 | (8,632,539) | 13,969,656 |
| Shares issued in connection with public offering | 169,206 | - | 12,132,360 | - | - | - | - | - | 12,132,360 | - | 12,132,360 |
| Shares issued in connection with private placement | 25,768 | - | 1,119,373 | - | - | - | - | - | 1,119,373 | - | 1,119,373 |
| Shares issued in connection with acquisition | 262 | - | 425,445 | (2,703,326) | - | 2,277,881 | - | - | - | - | - |
| Holdco shares exchanged for common shares | 715 | 186,294 | (4,562,631) | (4,376,337) | 4,376,337 | - | |||||
| Share issuance costs | - | - | (1,736,662) | - | - | - | - | - | (1,736,662) | - | (1,736,662) |
| Stock-based compensation | - | - | - | - | - | 1,567,583 | - | - | 1,567,583 | - | 1,567,583 |
| Cumulative translation adjustment | - | - | - | - | - | - | 154,970 | - | 154,970 | - | 154,970 |
| Loss and comprehensive loss | - | - | - | - | - | - | - | (20,327,007) | (20,327,007) | (2,146,185) | (22,473,192) |
| Balance at December 31, 2022 | 260,761 | 21 | 122,353,525 | - | 28,247 | 14,506,758 | 154,970 | (125,907,025) | 11,136,475 | (6,402,387) | 4,734,088 |
| Exercise of warrants | 283,875 | - | 4,561,200 | - | - | - | - | - | 4,561,200 | - | 4,561,200 |
| Shares issued in connection with private placement | 989,903 | 2,562,660 | 2,562,660 | - | 2,562,660 | ||||||
| Shares issued in public offering | 971,455 | - | 5,250,003 | - | - | - | - | - | 5,250,003 | - | 5,250,003 |
| Class A shares converted | 21 | (21) | 28,247 | (28,247) | - | - | - | ||||
| Share issuance costs | - | - | (679,890) | - | - | - | - | - | (679,890) | - | (679,890) |
| Stock-based compensation | - | - | - | - | - | (1,452,380) | - | - | (1,452,380) | - | (1,452,380) |
| Cumulative translation adjustment | - | - | - | - | - | - | 93,317 | - | 93,317 | - | 93,317 |
| Loss and comprehensive loss | - | - | - | - | - | - | - | (9,526,997) | (9,526,997) | (985,160) | (10,512,157) |
| Balance at December 31, 2023 | 2,506,015 | - | 134,075,745 | - | - | 13,054,378 | 248,287 | (135,434,022) | 11,944,388 | (7,387,547) | 4,556,841 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.