Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)
Cover
Document And Entity Information
Financial Statements
Consolidated Statements of Financial Position
Consolidated Statements of Loss and Comprehensive Loss
Consolidated Statements of Loss and Comprehensive Loss (Parentheticals)
Consolidated Statements of Changes in Equity (Deficit)
Condensed Interim Consolidated Statements of Cash Flows
Notes to Financial Statements
Nature of Operations
Basis of Presentation
Significant Accounting Policies
Change in Functional and Presentation Currency
Receivables
Restricted Deposit
Property and Equipment
Non-Controlling Interest in Versus LLC
Acquisition of Xcite Interactive, Inc.
Intangible Assets
Accounts Payable and Accrued Liabilities
Notes Payable ??? Related Party
Share Capital and Reserves
Related Party Transactions
Financial Instruments and Risk Management
Management of Capital
Geographical Segmented Information
Supplemental Cash Flow Information
Lease Obligations and Commitments
Income Taxes
Subsequent Events
Accounting Policies
Accounting Policies, by Policy (Policies)
Notes Tables
Basis of Presentation (Tables)
Significant Accounting Policies (Tables)
Property and Equipment (Tables)
Non-Controlling Interest in Versus LLC (Tables)
Acquisition of Xcite Interactive, Inc. (Tables)
Intangible Assets (Tables)
Accounts Payable and Accrued Liabilities (Tables)
Notes Payable ??? Related Party (Tables)
Share Capital and Reserves (Tables)
Related Party Transactions (Tables)
Financial Instruments and Risk Management (Tables)
Geographical Segmented Information (Tables)
Supplemental Cash Flow Information (Tables)
Lease Obligations and Commitments (Tables)
Income Taxes (Tables)
Notes Details
Basis of Presentation (Details) - Schedule of subsidiary
Significant Accounting Policies (Details)
Significant Accounting Policies (Details) - Schedule of estimated residual value and estimated economic life of the specific assets
Significant Accounting Policies (Details) - Schedule of financial assets and liabilities
Change in Functional and Presentation Currency (Details)
Receivables (Details)
Restricted Deposit (Details)
Property and Equipment (Details) - Schedule of property and equipment
Non-Controlling Interest in Versus LLC (Details)
Non-Controlling Interest in Versus LLC (Details) - Schedule of financial information before intragroup eliminations for non-wholly owned subsidiary
Acquisition of Xcite Interactive, Inc. (Details)
Acquisition of Xcite Interactive, Inc. (Details) - Schedule of consideration
Intangible Assets (Details) - Schedule of intangible assets
Accounts Payable and Accrued Liabilities (Details) - Schedule accounts payable and accrued liabilities
Notes Payable ??? Related Party (Details)
Notes Payable ??? Related Party (Details) - Schedule of notes to their present value
Share Capital and Reserves (Details)
Share Capital and Reserves (Details) - Schedule of outstanding stock options
Share Capital and Reserves (Details) - Schedule of fair value of stock options
Share Capital and Reserves (Details) - Schedule of incentive stock options outstanding
Share Capital and Reserves (Details) - Schedule of outstanding share purchase warrants
Share Capital and Reserves (Details) - Schedule of assumptions in calculating the fair value of the warrants
Share Capital and Reserves (Details) - Schedule of share purchase warrants outstanding
Related Party Transactions (Details)
Related Party Transactions (Details) - Schedule of key management personnel
Financial Instruments and Risk Management (Details)
Financial Instruments and Risk Management (Details) - Schedule of foreign currency risk
Geographical Segmented Information (Details) - Schedule of identifiable assets by geographic segments
Supplemental Cash Flow Information (Details) - Schedule of supplemental cash flow Information
Lease Obligations and Commitments (Details)
Lease Obligations and Commitments (Details) - Schedule of lease liabilities
Lease Obligations and Commitments (Details) - Schedule of rental agreement for office space
Income Taxes (Details) - Schedule of income taxes at statutory rates
Income Taxes (Details) - Schedule of deferred income taxes
Income Taxes (Details) - Schedule of deferred income taxes unused tax credits and unused tax losses
Subsequent Events (Details)
Basis of Presentation (Tables)
v3.23.1
Basis of Presentation (Tables)
12 Months Ended
Dec. 31, 2022
Basis of Presentation [abstract]
Schedule of subsidiary
Name of Subsidiary
Place of Incorporation
Proportion of
Ownership
Interest
Principal Activity
Versus Systems (Holdco) Inc.
United States of America
81.9
%
Holding Company
Versus Systems UK, Ltd.
United Kingdom
81.9
%
Sales Company
Versus LLC
United States of America
81.9
%
Technology Company
Xcite Interactive, Inc.
United States of America
100.0
%
Technology Company
X
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