Versus Systems Inc.

For the period ended Dec 31, 2025. Filed Apr 15, 2026.

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.

FY2025 · Filed Apr 15, 2026

VS$0.79-5.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations and Comprehensive Loss

	Year Ended	Year Ended
	December 31, 2025	December 31, 2024
	($)	($)
REVENUES
Revenues	$2,183,415	$57,288
Cost of revenues	16,446	40,277
Gross margin	2,166,969	17,011
EXPENSES
Research and development	48,065	246,019
Selling, general and administrative	4,280,214	4,310,218
Total operating expenses	4,328,279	4,556,237
Operating loss	(2,161,310)	(4,539,226)
Other income/(expense), net	18,173	(11,384)
Loss before provision for income taxes	(2,143,137)	(4,550,610)
Provision for income taxes	(1,596)	(24,226)
Net loss	(2,144,733)	(4,574,836)
Less: Net loss attributable to non-controlling interest	(352,567)	(532,505)
Net loss attributable to Versus Systems, Inc. Shareholders	(1,792,166)	(4,042,331)
Per share Data:
Basic and diluted loss per share to shareholders	(0.37)	(1.54)
Weighted average shares – basic and diluted	4,901,677	2,628,226
Comprehensive income (loss)
Net loss	(2,144,733)	(4,574,836)
Other comprehensive income (loss), net of tax
Change in foreign currency translation, net of tax	123,336	70,372
Total other comprehensive income	123,336	70,372
Total comprehensive loss	$(2,021,397)	$(4,504,464)
Less: comprehensive loss attributable to non-controlling interest	(352,567)	(532,505)
Comprehensive loss attributable to shareholders	$(1,668,830)	$(3,971,958)

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.