Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,361,714 $ 527,388
Accounts receivable 1,596,000 836,000
Prepaid expenses 91,290 88,674
Total current assets 3,049,004 1,452,062
Intangible asset 1,263,000 609,000
Total assets 4,312,004 2,061,062
Current liabilities    
Accounts payable and accrued liabilities 761,499 142,759
Total current liabilities 761,499 142,759
Non-current liabilities    
Total liabilities 761,499 142,759
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; 6,212,646 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 152,754,541 151,017,446
Accumulated other comprehensive income 561,524 441,995
Deficit (141,478,422) (141,268,519)
Total Versus Systems, Inc. stockholders’ equity 11,837,643 10,190,922
Non-controlling interest (8,287,138) (8,272,619)
Total stockholders’ equity 3,550,505 1,918,303
Total liabilities, non-controlling interest and stockholders’ equity $ 4,312,004 $ 2,061,062