Versus Systems Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
VS$0.79-5.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholder’s Equity
Consolidated Statements of Changes in Stockholder’s Equity
| Number of Common | Number of Class “A” | Common | Class “A” | Additional Paid in | Currency translation | Accumulated | Versus Systems, Inc. | Non-controlling | Total Stockholders’ | |
|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Shares | Shares | Shares | Capital | adjustment | Deficit | Equity | Interest | Equity | |
| ($) · ($) · ($) · ($) · ($) · ($) · ($) · ($) | ||||||||||
| 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 |
| Net 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 |
| Exercise of warrants | 240,490 | - | - | - | 885,003 | - | - | 885,003 | - | 885,003 |
| Conversion of debt into common stock | 2,155,172 | - | - | - | 2,411,027 | - | - | 2,411,027 | - | 2,411,027 |
| Stock-based compensation | - | - | - | - | 160,865 | - | - | 160,865 | - | 160,865 |
| Cumulative translation adjustment | - | - | - | - | - | 70,372 | - | 70,372 | - | 70,372 |
| Net loss | - | - | - | - | - | - | (4,042,331) | (4,042,331) | (532,505) | (4,574,836) |
| Balance at December 31, 2024 | 4,901,677 | - | 134,075,745 | - | 16,511,273 | 318,659 | (139,476,353) | 11,429,324 | (7,920,052) | 3,509,272 |
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