Versus Systems Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Accounting Policies, by Policy (Policies)
Notes Tables
Notes Details

Property and Equipment (Details) - Schedule of Property and Equipment

v3.24.1.1.u2

Property and Equipment (Details) - Schedule of Property and Equipment - Property, Plant and Equipment [Member] - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Cost
Cost Balance at Beginning	$ 773,453	$ 995,921
Cost, Additions
Cost, Disposals	(247)	(222,468)
Cost Balance at Ending	773,206	773,453
Accumulated amortization
Accumulated amortization, Balance at Ending	771,518	901,948
Amortization for the period	601	23,754
Accumulated amortization, Disposals	(82)	(154,184)
Accumulated amortization, Balance at Ending	772,737	771,518
Carrying amounts
Carrying amounts, Beginning	1,935	93,973
Carrying amounts, Ending	1,169	1,935
Computers [Member]
Cost
Cost Balance at Beginning	24,251	246,719
Cost, Additions
Cost, Disposals	(247)	(222,468)
Cost Balance at Ending	24,004	24,251
Accumulated amortization
Accumulated amortization, Balance at Ending	22,316	152,746
Amortization for the period	601	23,754
Accumulated amortization, Disposals	(82)	(154,184)
Accumulated amortization, Balance at Ending	22,835	22,316
Carrying amounts
Carrying amounts, Beginning	1,935	93,973
Carrying amounts, Ending	1,169	1,935
Right of Use Asset [Member]
Cost
Cost Balance at Beginning	749,202	749,202
Cost, Additions
Cost, Disposals
Cost Balance at Ending	749,202	749,202
Accumulated amortization
Accumulated amortization, Balance at Ending	749,202	749,202
Amortization for the period
Accumulated amortization, Disposals
Accumulated amortization, Balance at Ending	749,902	749,202
Carrying amounts
Carrying amounts, Beginning
Carrying amounts, Ending

- Definition

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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- Definition

Amount of decrease in accumulated depreciation, depletion and amortization as a result of sale or disposal of property, plant and equipment.

+ References

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- Definition

The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives.

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Amount of acquisition of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References

No definition available.

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