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VERSUS SYSTEMS INC.: 10-Q filed 2024-11-14

What VERSUS SYSTEMS INC. reported in its quarterly report filed 2024-11-14 (fiscal Q3 2024): 36 published measures, 110 facts as tagged in accession 0001213900-24-098269.

This filing

Form
10-Q (quarterly report)
Filed
2024-11-14
Fiscal period
fiscal Q3 2024
Accession
0001213900-24-098269 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All VERSUS SYSTEMS INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2024-09-301,242,937USD
At 2023-12-314,878,317USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2024-09-308,901,106USD
At 2024-08-222,500,000USD
At 2023-12-3111,944,388USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-528,951USD92
2024-04-01 to 2024-06-30-1,499,742USD91
2024-01-01 to 2024-03-31-1,501,683USD91
2023-07-01 to 2023-09-30-1,381,523USD92
2023-04-01 to 2023-06-30-2,310,655USD91
2023-01-01 to 2023-03-31-1,326,889USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-01-01 to 2024-09-30-4,255,345USD274
2023-01-01 to 2023-09-30-4,355,723USD273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2024-07-01 to 2024-09-303,848USD92
2024-01-01 to 2024-09-3057,288USD274
2023-07-01 to 2023-09-3022,950USD92
2023-01-01 to 2023-09-30236,953USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-09-305,362,978USD273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-09-30-14,106USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2024-09-30-138,666,829USD
At 2023-12-31-135,434,022USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-07-01 to 2024-09-302,506,015shares92
2024-01-01 to 2024-09-302,506,015shares274
2023-07-01 to 2023-09-30669,636shares92
2023-01-01 to 2023-09-30618,757shares273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-07-01 to 2024-09-302,506,015shares92
2024-01-01 to 2024-09-302,506,015shares274
2023-07-01 to 2023-09-30669,636shares92
2023-01-01 to 2023-09-30618,757shares273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-0.22USD/shares92
2024-01-01 to 2024-09-30-1.29USD/shares274
2023-07-01 to 2023-09-30-1.99USD/shares92
2023-01-01 to 2023-09-30-7.06USD/shares273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-0.22USD/shares92
2024-01-01 to 2024-09-30-1.29USD/shares274
2023-07-01 to 2023-09-30-1.99USD/shares92
2023-01-01 to 2023-09-30-7.06USD/shares273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-12-311,935USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2024-01-01 to 2024-09-30160,865USD274
2023-01-01 to 2023-09-30-1,154,308USD273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-529,024USD92
2024-01-01 to 2024-09-30-3,530,128USD274
2023-07-01 to 2023-09-30-1,889,892USD92
2023-01-01 to 2023-09-30-5,373,172USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2024-09-301,242,937USD
At 2023-12-314,867,703USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2024-09-3026,947USD
At 2023-12-31321,476USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-12-3182,579USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2024-07-01 to 2024-09-30532,872USD92
2024-01-01 to 2024-09-303,547,139USD274
2023-07-01 to 2023-09-301,889,272USD92
2023-01-01 to 2023-09-305,530,628USD273

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2024-07-01 to 2024-09-303,848USD92
2024-01-01 to 2024-09-3017,011USD274
2023-07-01 to 2023-09-30-620USD92
2023-01-01 to 2023-09-30157,456USD273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2024-01-01 to 2024-09-3040,277USD274
2023-07-01 to 2023-09-3023,570USD92
2023-01-01 to 2023-09-3079,497USD273

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2024-07-01 to 2024-09-30521,410USD92
2024-01-01 to 2024-09-303,429,062USD274
2023-07-01 to 2023-09-301,617,161USD92
2023-01-01 to 2023-09-304,473,710USD273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2024-07-01 to 2024-09-3011,462USD92
2024-01-01 to 2024-09-30118,077USD274
2023-07-01 to 2023-09-30272,111USD92
2023-01-01 to 2023-09-301,056,918USD273

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2024-09-30471,248USD
At 2023-12-314,689,007USD
At 2023-09-302,168,798USD
At 2022-12-311,178,847USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2024-09-30276,947USD
At 2023-12-31248,287USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2024-09-301,215,990USD
At 2024-06-301,797,764USD
At 2024-03-313,176,332USD
At 2023-12-314,556,841USD
At 2023-09-305,053,752USD
At 2023-06-306,438,180USD
At 2023-03-318,639,090USD
At 2022-12-314,734,088USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2024-09-3025,783USD
At 2023-12-3126,348USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2024-09-301,164USD
At 2023-12-3135,049USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-528,951USD92
2024-01-01 to 2024-09-30-3,530,376USD274
2023-07-01 to 2023-09-30-1,535,787USD92
2023-01-01 to 2023-09-30-5,019,067USD273

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-528,951USD92
2024-01-01 to 2024-09-30-3,530,376USD274
2023-07-01 to 2023-09-30-1,535,787USD92
2023-01-01 to 2023-09-30-5,019,067USD273

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-613,694USD92
2024-01-01 to 2024-09-30-3,204,147USD274
2023-07-01 to 2023-09-30-1,324,643USD92
2023-01-01 to 2023-09-30-4,392,413USD273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2024-07-01 to 2024-09-30878USD92
2024-01-01 to 2024-09-301,688USD274
2023-07-01 to 2023-09-308,444USD92
2023-01-01 to 2023-09-3022,344USD273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2023-01-01 to 2023-09-301,870,045USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2024-07-01 to 2024-09-3073USD92
2024-01-01 to 2024-09-30-248USD274

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2024-07-01 to 2024-09-3073USD92
2024-01-01 to 2024-09-30-248USD274
2023-07-01 to 2023-09-30354,105USD92
2023-01-01 to 2023-09-30354,105USD273

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2023-01-01 to 2023-09-302,250,000USD273

Inspect the source

Entity
VERSUS SYSTEMS INC. / CIK 0001701963
Captured
2026-09-21T17:24:03.916Z
SEC response SHA-256
7e305ad3de982e5c5eb1bfa00f76ffc220c79aebda837510c7c4ca66a156885e

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001701963.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))