Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $1.11M | $271K | $57.3K | $2.18M |
| Revenue growth | — | -75.5% | -78.9% | 3711.3% |
| Gross profit | $492K | $168K | $17.0K | $2.17M |
| Gross margin | 44.4% | 62.0% | 29.7% | 99.2% |
| Operating income | -$22.7M | -$10.9M | -$4.54M | -$2.16M |
| Operating margin | -2044.6% | -4002.1% | -7923.5% | -99.0% |
| Net income | -$22.5M | -$9.53M | -$4.04M | -$1.79M |
| Net margin | -2026.7% | -3513.3% | -7056.2% | -82.1% |
| EPS (diluted) | -$192.89 | -$10.44 | -$1.54 | -$0.37 |
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Operating cash flow | -$9.15M | -$5.58M | -$4.97M | -$2.05M |
| Capital expenditures | $40.2K | — | — | — |
| Free cash flow | -$9.19M | — | — | — |
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Cash & equivalents | $1.18M | $4.69M | $3.07M | $527K |
| Total assets | $8.06M | $4.88M | $3.54M | $2.06M |
| Total liabilities | $3.32M | $321K | $26.3K | $143K |
| Shareholders' equity | $11.1M | $11.9M | $11.4M | $10.2M |
| Retained earnings | -$126M | -$135M | -$139M | -$141M |
| Shares (wtd avg diluted) | 261K | 913K | 2.63M | 4.90M |
Every figure is extracted from Versus Systems Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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