VS Trust
Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & Equivalents | $124.8M | $1.2M | $5.0M | $504.6K |
| Accounts Receivable | — | $4.2M | $148.6K | $830.8K |
| Inventory | — | — | — | — |
| Total Current Assets | — | — | — | — |
| Property, Plant & Equipment | — | — | — | — |
| Goodwill | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — |
| Total Assets | $551.0M | $509.8M | $205.1M | $174.6M |
| Liabilities | ||||
| Accounts Payable | — | $3.7M | $204.7K | $187.0K |
| Total Current Liabilities | — | — | — | — |
| Long-Term Debt | — | — | — | — |
| Total Liabilities | $7.7M | $22.0M | $10.4M | $2.7M |
| Stockholders' Equity | ||||
| Retained Earnings | $-883.1M | $-259.5M | $-234.1M | $-60.7M |
| Total Stockholders' Equity | $543.3M | $487.8M | $194.7M | $171.9M |