Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Condensed Interim Consolidated Statements of Loss and Comprehensive Loss (Unaudited)

v3.23.1
Condensed Interim Consolidated Statements of Loss and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUES    
Revenues $ 157,950 $ 323,756
EXPENSES    
Amortization (Note 7) 73,601 74,494
Amortization of intangible assets (Note 10) 686,353 637,690
Consulting fees (Note 3) 173,396 148,407
Foreign exchange (gain) loss 14,352 108,833
Office and miscellaneous expenses 120,267 189,630
Interest expense 24,625 36,568
Professional fees (Note 14) 227,805 435,004
Salaries and wages (Note 14) 1,217,453 1,457,912
Sales and marketing 36,490 48,849
Software delivery costs 157,610 237,023
Share-based compensation (Note 13) (1,247,113) 508,403
Total operating loss (1,326,889) (3,559,057)
Finance expense (Note 12) (24,358)
Change in fair value of warrant liability (Note 3) 227,997
Net loss (1,326,889) (3,355,418)
Other comprehensive loss:    
Foreign currency translation (gain) loss (9,348)
Loss and comprehensive loss (1,317,541) (3,355,418)
Total other comprehensive loss attributable to:    
Shareholders (9,348)
Non-controlling interest
Comprehensive income (9,348)
Total comprehensive loss attributable to:    
Shareholders (1,184,847) (2,581,900)
Non-controlling interest (132,694) (773,517)
Comprehensive income net $ (1,317,541) $ (3,355,418)
Basic and diluted loss per common share attributable to Versus Systems Inc. (in Dollars per share) $ (0.14) $ (2.1)
Weighted average common shares outstanding (in Shares) 8,244,860 1,272,094