Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 422,903 $ 527,388
Accounts receivable 193,300 836,000
Prepaid expenses 106,750 88,674
Total current assets 722,953 1,452,062
Intangible asset 936,000 609,000
Total assets 1,658,953 2,061,062
Current liabilities    
Accounts payable and accrued liabilities 459,340 142,759
Total current liabilities 459,340 142,759
Non-current liabilities    
Total liabilities 459,340 142,759
Stockholders’ equity    
Preferred stock, no par value. 100,000,000 authorized shares; no shares issued or outstanding, respectively
Common stock and additional paid in capital, no par value. 200,000,000 authorized shares; 4,901,677 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 151,038,922 151,017,446
Accumulated other comprehensive income 520,524 441,995
Deficit (141,951,719) (141,268,519)
Total Versus Systems, Inc. stockholders’ equity 9,607,727 10,190,922
Non-controlling interest (8,408,114) (8,272,619)
Total stockholders’ equity 1,199,613 1,918,303
Total liabilities, non-controlling interest and stockholders’ equity $ 1,658,953 $ 2,061,062