Microcap Ledger

Tickers · $VS

Versus Systems Inc. $VS

By Microcap Ledger desk · CIK 0001701963

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Services-Computer Processing & Data Preparation
Headquarters
Vancouver
Fiscal year end
December 31
Shares outstanding
6,212,646 [10-Q 2026-08-14]
as of 2026-08-12

Sources: [10-K 2026-04-15]

What the company doesAI summary of filing

Versus Systems Inc. develops business-to-business software solutions that use gamification and rewards to enhance user engagement for professional sports teams, event venues, advertising agencies, and digital media companies. The company's products enable end users to earn prizes by completing in-content challenges like trivia, polls, or casual games, with prizes provided by advertisers and sponsors. The company generates revenue by licensing software products to teams, ad agencies, and content creators, and had four active customers as of December 31, 2025. The company is revenue-generating with a significant customer relationship involving monthly license fees of $165,000 as of April 2025. [10-K 2026-04-15]

Segments: Filter Fan Cam (FFC), Winfinite, Winfinite Games, Technology License (ASPIS)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$24.1K−$209.9K −$331.2K$1.36M[10-Q 2026-08-14]
FY ended Dec 2025$2.18M−$1.79M −$2.05M$527.4K[10-K 2026-04-15]
FY ended Dec 2024$57.3K−$4.04M −$4.97M$3.07M[10-K 2026-04-15]
Quarterly cash burn
−$165.6K
Cash runway Estimate
~24.7 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-122,746,505[10-Q 2024-11-14]
2025-03-264,901,677[10-K 2025-03-31]
2025-05-124,901,677[10-Q 2025-05-15]
2025-08-124,901,677[10-Q/A 2025-08-14]
2025-11-124,901,677[10-Q 2025-11-14]
2026-04-134,901,677[10-K 2026-04-15]
2026-05-144,901,677[10-Q 2026-05-15]
2026-08-126,212,646[10-Q 2026-08-14]

Listing status

Current status: 3 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-05-05. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-05-058-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-05-05]
2025-01-088-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-01-08]
2024-11-088-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2024-11-08]

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Recent filings and releases
DateTypeTitle
2026-09-108-KDirector or officer change
2026-08-1410-QQuarterly report
2026-07-248-KRegulation FD disclosure
2026-07-168-KShareholder vote results
2026-06-298-KUnregistered sale of equity
2026-06-22DEF 14AProxy statement
2026-05-1510-QQuarterly report
2026-05-058-KListing notice or transfer
2026-04-168-KMaterial agreement entered
2026-04-1510-KAnnual report
2026-04-01NT 10-KNotice of late annual report
2026-03-038-KRegulation FD disclosure

Facts as of . Small caps move fast; check the latest filings.