Versus Systems Inc.

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

About 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.

FY2024 · Filed Mar 31, 2025

VS$0.84+3.0%Stored close · as of Nov 9, 2026

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Contents

Item 8. Consolidated Balance Sheets

	December 31,	December 31,
	2024	2023
	($)	($)
ASSETS
Current assets
Cash and cash equivalents	$3,065,914	$4,689,007
Receivables, net of allowance for credit losses	-	18,222
Prepaid expenses	469,646	160,474
Total current assets	3,535,560	4,867,703
Restricted deposit	-	8,679
Property and equipment	-	1,935
Total assets	$3,535,560	$4,878,317
LIABILITIES AND EQUITY
Current liabilities
Accounts payable and accrued liabilities	$26,288	$286,427
Deferred revenue	-	35,049
Total current liabilities	26,288	321,476
Non-current liabilities
Total liabilities	26,288	321,476
Stockholders’ equity
Share capital
Class A shares, no par value. Unlimited authorized shares; no shares issued or outstanding, respectively	-	-
Common stock and additional paid in capital, no par value. Unlimited authorized shares; 4,901,677 and 2,506,015 shares issued and outstanding as of December 31, 2024 and 2023, respectively	150,587,018	147,130,123
Accumulated other comprehensive income	318,659	248,287
Deficit	(139,476,353)	(135,434,022)
Total Versus Systems, Inc. stockholders’ equity	11,429,324	11,944,388
Non-controlling interest	(7,920,052)	(7,387,547)
Total stockholders’ equity	3,509,272	4,556,841
Total liabilities, noncontrolling interest and stockholders’ equity	$3,535,560	$4,878,317

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.