VSSYW
Versus Systems Inc.
Price Chart
No historical data available
Latest Quote
$0.01
| Previous Close | $0.02 |
| Open | $0.05 |
| Day High | $0.02 |
| Day Low | $0.01 |
| Volume | 16,803 |
Stock Information
| Cash Equivalents | $1.41M |
| Revenue | $2.18M |
| Net Income | $-1.64M |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Sales | $2.18M |
| Income | $-1.64M |
| Book/sh | $2.27 |
| Employees | 5 |
Financial Ratios
| Quick Ratio | 1035.69 |
| Current Ratio | 1116.66 |
Returns & Margins
| ROA | -66.75% |
| ROE | -94.09% |
| Gross Margin | 99.25% |
| Operating Margin | -105.74% |
| Profit Margin | -75.10% |
Ownership
| Insider & Institutional transactions data not available |
Valuation Ratios
| P/B | 0.01 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.03 |
| SMA50 | $0.03 |
| RSI | 36.79 |
| ATR | 0.0138 |
| Shares Float | 1.76M |
| Volatility | 1.75 |
| Rel Volume | 0.50 |
Performance History
| Week | -53.85% |
| Month | -68.42% |
| Quarter | -73.91% |
| 6 Months | -82.35% |
| YTD | -63.64% |
| Year | -75.51% |
| 3 Years | -61.29% |
| 10 Years | -99.66% |
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Recent Price History
About Versus Systems Inc.
Versus Systems Inc. provides a business-to-business software platform to drive user engagement through gamification and rewards. The company offers the eXtreme Engagement Online platform, which is designed primarily for main-board work in stadiums and arenas; the Filter Fan Cam platform, an augmented reality filtering tool that can be used for mobile and venue applications; and Winfinite, an interactive advertising tool that allows content creators, marketers, agencies, and other advertisers to increase customer acquisition and loyalty through a combination of games and rewards. Versus Systems Inc. was incorporated in 1988 and is headquartered in Dover, Delaware.
Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $40,277 | $103,067 | $617,049 | - |
| Cost Of Revenue | $40,277 | $103,067 | $617,049 | - |
| Total Revenue | $57,288 | $271,169 | $1,108,840 | $768,650 |
| Operating Revenue | $57,288 | $271,169 | $1,108,840 | $768,650 |
| Expenses | ||||
| Total Expenses | $4,596,514 | $6,801,106 | $14,861,183 | $15,010,079 |
| Other Income Expense | $-11,384 | $-3,982,220 | $-8,720,849 | $-3,227,842 |
| Other Non Operating Income Expenses | $-11,384 | $-13,888 | $-162,902 | - |
| Operating Expense | $4,556,237 | $6,698,039 | $14,244,134 | $15,010,079 |
| General And Administrative Expense | $4,310,218 | $5,590,804 | $10,406,275 | $11,200,661 |
| Selling And Marketing Expense | - | $5,944,909 | $11,838,128 | $879,683 |
| Interest Expense | - | - | $122,992 | $153,425 |
| Net Non Operating Interest Income Expense | - | - | $-183,762 | $-378,621 |
| Total Other Finance Cost | - | - | $60,770 | $225,196 |
| Interest Expense Non Operating | - | - | $122,992 | $153,425 |
| Other Operating Expenses | - | - | $1,079,387 | $615,117 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-4,042,331 | $-9,526,997 | $-22,473,192 | $-17,847,892 |
| Normalized Income | $-4,042,331 | $-5,558,665 | $-13,915,245 | $-14,620,050 |
| Net Income From Continuing And Discontinued Operation | $-4,042,331 | $-9,526,997 | $-22,473,192 | $-17,847,892 |
| Total Operating Income As Reported | $-4,539,226 | $-10,852,374 | $-22,671,345 | $-15,481,964 |
| Net Income Common Stockholders | $-4,042,331 | $-9,526,997 | $-22,473,192 | $-17,847,892 |
| Net Income | $-4,042,331 | $-9,526,997 | $-22,473,192 | $-17,847,892 |
| Net Income Including Noncontrolling Interests | $-4,574,836 | $-10,512,157 | $-22,473,192 | $-17,847,892 |
| Net Income Continuous Operations | $-4,574,836 | $-10,512,157 | $-22,473,192 | $-17,847,892 |
| Pretax Income | $-4,550,610 | $-10,512,157 | $-22,473,192 | $-17,847,892 |
| Special Income Charges | $0 | $-3,968,332 | $-8,919,002 | $0 |
| Operating Income | $-4,539,226 | $-6,529,937 | $-13,752,343 | $-14,241,429 |
| Gross Profit | $17,011 | $168,102 | $491,791 | - |
| Net Interest Income | - | - | $-183,762 | $-378,621 |
| Depreciation Amortization Depletion Income Statement | - | - | $3,210,732 | $2,314,618 |
| Depreciation And Amortization In Income Statement | - | - | $3,210,732 | $2,314,618 |
| Amortization Of Intangibles Income Statement | - | - | $2,937,423 | $2,009,714 |
| Depreciation Income Statement | - | - | $273,309 | $304,904 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-4,537,538 | $-93,406 | $-2,163,430 | $-12,121,214 |
| Total Unusual Items | $0 | $-3,968,332 | $-8,557,947 | $-3,227,842 |
| Total Unusual Items Excluding Goodwill | $0 | $-3,968,332 | $-8,557,947 | $-3,227,842 |
| Reconciled Depreciation | $1,688 | $2,468,199 | $3,030,966 | $2,345,411 |
| EBITDA (Bullshit earnings) | $-4,537,538 | $-4,061,738 | $-10,721,377 | $-15,349,056 |
| EBIT | $-4,539,226 | $-6,529,937 | $-13,752,343 | $-17,694,467 |
| Diluted NI Availto Com Stockholders | $-4,042,331 | $-9,526,997 | $-22,473,192 | $-17,847,892 |
| Minority Interests | $532,505 | $985,160 | - | - |
| Tax Provision | $24,226 | $0 | $0 | - |
| Impairment Of Capital Assets | $0 | $3,968,332 | $8,919,002 | $0 |
| Research And Development | $246,019 | $1,107,235 | $2,406,006 | - |
| Selling General And Administration | $4,310,218 | $5,590,804 | $11,838,128 | $12,080,344 |
| Other Gand A | $4,310,218 | $5,944,909 | $2,914,910 | $3,852,520 |
| Salaries And Wages | $0 | $-354,105 | $0 | $7,348,141 |
| Gain On Sale Of Security | - | - | $361,055 | $-3,227,842 |
| Amortization | - | - | $2,937,423 | $2,009,714 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $11,429,324 | $11,944,388 | $4,743,111 | $6,871,082 |
| Total Assets | $3,535,560 | $4,878,317 | $8,058,648 | $18,543,692 |
| Total Non Current Assets | $0 | $10,614 | $6,595,826 | $16,189,180 |
| Current Assets | $3,535,560 | $4,867,703 | $1,462,822 | $2,354,512 |
| Other Current Assets | $469,646 | $160,474 | $223,226 | $377,926 |
| Receivables | $0 | $18,222 | $60,749 | $123,617 |
| Accounts Receivable | $0 | $18,222 | $46,592 | $90,808 |
| Cash Cash Equivalents And Short Term Investments | $3,065,914 | $4,689,007 | $1,178,847 | $1,678,156 |
| Cash And Cash Equivalents | $3,065,914 | $4,689,007 | $1,178,847 | $1,678,156 |
| Cash Financial | $3,065,914 | $4,689,007 | $1,178,847 | $1,678,156 |
| Other Non Current Assets | - | $8,679 | $8,489 | $9,068 |
| Non Current Prepaid Assets | - | $0 | $100,000 | $100,000 |
| Goodwill And Other Intangible Assets | - | $0 | $6,393,364 | $15,753,167 |
| Taxes Receivable | - | $9,542 | $14,157 | $32,809 |
| Allowance For Doubtful Accounts Receivable | - | $-2,700 | $-6,100 | $-11,500 |
| Gross Accounts Receivable | - | $11,380 | $52,692 | $102,308 |
| Other Intangible Assets | - | - | $6,393,364 | $9,172,507 |
| Current Deferred Assets | - | - | $0 | $174,813 |
| Prepaid Assets | - | - | - | $377,926 |
| Debt | ||||
| Total Debt | - | $0 | $2,733,273 | $3,154,066 |
| Net Debt | - | - | $1,425,866 | $1,108,027 |
| Long Term Debt And Capital Lease Obligation | - | - | $0 | $807,075 |
| Current Debt And Capital Lease Obligation | - | - | $2,733,273 | $2,346,991 |
| Current Debt | - | - | $2,604,713 | $2,107,668 |
| Other Current Borrowings | - | - | $2,604,713 | $2,107,668 |
| Long Term Debt | - | - | - | $678,515 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $26,288 | $321,476 | $3,324,560 | $4,541,024 |
| Total Non Current Liabilities Net Minority Interest | $0 | $0 | $0 | $1,168,130 |
| Current Liabilities | $26,288 | $321,476 | $3,324,560 | $3,372,894 |
| Current Deferred Liabilities | $0 | $35,049 | $69,275 | $193,504 |
| Payables And Accrued Expenses | $26,288 | $286,427 | $522,012 | $832,399 |
| Payables | $26,288 | $260,079 | $442,899 | $688,913 |
| Accounts Payable | $26,288 | $82,579 | $138,276 | $386,030 |
| Current Notes Payable | - | $0 | $2,604,713 | - |
| Derivative Product Liabilities | - | - | $0 | $361,055 |
| Equity | ||||
| Common Stock Equity | $11,429,324 | $11,944,388 | $11,136,475 | $22,624,249 |
| Total Equity Gross Minority Interest | $3,509,272 | $4,556,841 | $4,734,088 | $14,002,668 |
| Stockholders Equity | $11,429,324 | $11,944,388 | $11,136,475 | $22,624,249 |
| Gains Losses Not Affecting Retained Earnings | $318,659 | $248,287 | $154,970 | $10,661,294 |
| Other Equity Adjustments | $318,659 | $248,287 | $154,970 | $10,661,294 |
| Retained Earnings | $-139,476,353 | $-135,434,022 | $-125,907,025 | $-100,995,334 |
| Other Equity Interest | - | - | - | $2,703,327 |
| Other | ||||
| Ordinary Shares Number | $4,901,677 | $2,506,015 | $260,760 | $64,809 |
| Share Issued | $4,901,677 | $2,506,015 | $260,760 | $64,809 |
| Tangible Book Value | $11,429,324 | $11,944,388 | $4,743,111 | $6,871,082 |
| Invested Capital | $11,429,324 | $11,944,388 | $13,741,188 | $25,410,432 |
| Working Capital | $3,509,272 | $4,546,227 | $-1,861,738 | $-1,018,382 |
| Total Capitalization | $11,429,324 | $11,944,388 | $11,136,475 | $23,302,764 |
| Minority Interest | $-7,920,052 | $-7,387,547 | $-6,402,387 | $-8,621,581 |
| Capital Stock | $150,587,018 | $147,130,123 | $136,888,530 | $110,254,962 |
| Common Stock | $150,587,018 | $147,130,123 | $136,888,530 | $110,254,962 |
| Current Deferred Revenue | $0 | $35,049 | $69,275 | $193,504 |
| Current Accrued Expenses | $0 | $26,348 | $79,113 | $143,486 |
| Dueto Related Parties Current | $0 | $177,500 | $304,623 | $302,883 |
| Net PPE | $0 | $1,935 | $93,973 | $326,945 |
| Accumulated Depreciation | $-24,004 | $-22,316 | $-901,948 | $-767,850 |
| Gross PPE | $24,004 | $24,251 | $995,921 | $1,094,795 |
| Machinery Furniture Equipment | $24,004 | $24,251 | $246,719 | $181,390 |
| Treasury Shares Number | - | $0 | - | - |
| Capital Lease Obligations | - | $0 | $128,560 | $367,883 |
| Current Capital Lease Obligation | - | $0 | $128,560 | $239,323 |
| Other Properties | - | $749,202 | $749,202 | $913,405 |
| Foreign Currency Translation Adjustments | - | - | $154,970 | $0 |
| Long Term Capital Lease Obligation | - | - | $0 | $128,560 |
| Goodwill | - | - | $0 | $6,580,660 |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-4,971,948 | $-5,601,552 | $-11,690,376 | $-15,319,943 |
| Operating Activities | ||||
| Operating Cash Flow | $-4,971,948 | $-5,582,139 | $-9,153,544 | $-12,893,217 |
| Cash Flow From Continuing Operating Activities | $-4,971,948 | $-5,582,139 | $-9,153,544 | $-12,893,219 |
| Operating Gains Losses | - | $13,887 | $-290,898 | $877,932 |
| Investing Activities | ||||
| Investing Cash Flow | $0 | $-14,514 | $-2,536,832 | $-2,511,827 |
| Cash Flow From Continuing Investing Activities | $0 | $-14,514 | $-2,536,832 | $-2,511,827 |
| Capital Expenditure | - | $-19,413 | $-2,536,832 | $-2,426,726 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $0 | $7,812,663 | $13,251,733 | $11,040,000 |
| Financing Cash Flow | $3,278,235 | $9,045,578 | $11,191,067 | $14,799,938 |
| Cash Flow From Continuing Financing Activities | $3,278,235 | $9,045,578 | $11,191,067 | $14,799,938 |
| Net Other Financing Charges | $-106,768 | $-679,890 | $-1,736,662 | $-1,334,814 |
| Net Common Stock Issuance | $0 | $7,812,663 | $13,251,733 | $11,040,000 |
| Common Stock Issuance | $0 | $7,812,663 | $13,251,733 | $11,040,000 |
| Other | ||||
| Repayment Of Debt | $0 | $-2,648,395 | $-324,004 | $-744,316 |
| Issuance Of Debt | $2,500,000 | $0 | $0 | $0 |
| Interest Paid Supplemental Data | $0 | $0 | - | $0 |
| Income Tax Paid Supplemental Data | $0 | $0 | - | $0 |
| End Cash Position | $3,065,914 | $4,689,007 | $1,178,847 | $1,678,156 |
| Beginning Cash Position | $4,689,007 | $1,178,847 | $1,678,156 | $2,283,262 |
| Effect Of Exchange Rate Changes | $70,620 | $61,235 | - | - |
| Changes In Cash | $-1,693,713 | $3,448,925 | $-499,309 | $-605,106 |
| Proceeds From Stock Option Exercised | $885,003 | $4,561,200 | $0 | $5,839,068 |
| Net Issuance Payments Of Debt | $2,500,000 | $-2,648,395 | $-324,004 | $-744,316 |
| Net Short Term Debt Issuance | $2,500,000 | $-2,519,835 | $-63,819 | - |
| Short Term Debt Payments | $0 | $-2,519,835 | $-63,819 | - |
| Short Term Debt Issuance | $2,500,000 | $0 | - | - |
| Net Long Term Debt Issuance | $0 | $-128,560 | $-260,185 | $-744,316 |
| Long Term Debt Payments | $0 | $-128,560 | $-260,185 | $-744,316 |
| Net Intangibles Purchase And Sale | $0 | $-19,413 | $-2,496,621 | $-2,352,248 |
| Purchase Of Intangibles | $0 | $-19,413 | $-2,496,621 | $-2,352,248 |
| Net PPE Purchase And Sale | $0 | $4,899 | $-40,211 | $-74,478 |
| Sale Of PPE | $0 | $4,899 | $0 | - |
| Change In Working Capital | $-577,460 | $-68,020 | $32,225 | $-886,245 |
| Change In Other Working Capital | $-35,049 | $-34,226 | $-124,231 | $70,333 |
| Change In Payables And Accrued Expense | $-260,140 | $-239,073 | $-61,112 | $-1,152,162 |
| Change In Prepaid Assets | $-300,493 | $162,752 | $154,700 | $-183,391 |
| Change In Receivables | $18,222 | $42,527 | $62,868 | $378,975 |
| Other Non Cash Items | $17,795 | - | $60,770 | $471,649 |
| Stock Based Compensation | $160,865 | $-1,452,380 | $1,567,583 | $2,145,928 |
| Asset Impairment Charge | $0 | $3,968,332 | $8,919,002 | $0 |
| Depreciation Amortization Depletion | $1,688 | $2,468,199 | $3,030,966 | $2,345,411 |
| Depreciation And Amortization | $1,688 | $2,468,199 | $3,030,966 | $2,345,411 |
| Amortization Cash Flow | $0 | $2,444,445 | $3,030,966 | $2,345,411 |
| Amortization Of Intangibles | $0 | $2,444,445 | $3,030,966 | $2,345,411 |
| Depreciation | $1,688 | $23,754 | - | $304,904 |
| Gain Loss On Sale Of PPE | $0 | $63,385 | $0 | - |
| Net Income From Continuing Operations | $-4,574,836 | $-10,512,157 | $-22,473,192 | $-17,847,892 |
| Purchase Of PPE | - | $0 | $-40,211 | $-74,478 |
| Net Foreign Currency Exchange Gain Loss | - | $61,235 | $70,157 | $516,877 |
| Long Term Debt Issuance | - | - | $0 | $0 |
| Net Investment Purchase And Sale | - | - | $0 | $0 |
| Sale Of Investment | - | - | $0 | $0 |
| Net Business Purchase And Sale | - | - | $0 | $-85,101 |
| Purchase Of Business | - | - | $0 | $-85,101 |
| Gain Loss On Investment Securities | - | - | $-361,055 | $361,055 |