VERSUS SYSTEMS INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.8K | $17.3K | $199.3K | $0 | $3.8K | $26.9K | $26.5K | $23.0K |
| Cost of Revenue | — | — | $8.2K | — | — | $16.2K | $24.0K | $23.6K |
| Gross Profit | $1.5M | $17.3K | $191.1K | $0 | $3.8K | $10.7K | $2.5K | $-620 |
| Gross Margin | 21,871.0% | 100.0% | 95.9% | — | 100.0% | 39.7% | 9.3% | -2.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | $6.1K | $127.9K | $11.5K | $67.2K | $39.4K | $272.1K |
| SG&A Expense | $897.5K | $836.0K | $1.4M | $881.2K | $521.4K | $1.4M | $1.5M | $1.6M |
| Operating Income | $594.3K | $-818.7K | $-1.2M | $-1.0M | $-529.0K | $-1.5M | $-1.5M | $-1.9M |
| Operating Margin | 8,712.4% | -4,732.3% | -588.3% | — | -13,748.0% | -5,567.3% | -5,665.2% | -8,234.8% |
| Interest Expense | — | — | — | — | $0 | — | — | — |
| Pretax Income | $594.3K | $-818.7K | $-1.2M | $-1.0M | $-529.0K | $-1.5M | $-1.5M | $-1.5M |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $473.3K | $-683.2K | $-961.7K | $-809.5K | $-560.9K | $-1.3M | $-1.3M | $-1.4M |
| Net Margin | 6,938.8% | -3,949.1% | -482.4% | — | -14,575.6% | -4,987.7% | -5,012.2% | -6,019.7% |
| EPS (Basic) | $0.10 | $-0.14 | $-0.20 | $-0.27 | $-0.07 | $-0.18 | $-0.17 | $-0.66 |
| EPS (Diluted) | $0.10 | $-0.14 | $-0.20 | $-0.27 | $-0.07 | $-0.18 | $-0.17 | $-0.66 |
| Shares Outstanding (Basic) | 5.0M | 4.9M | 4.9M | 2.6M | 7.5M | 7.5M | 7.5M | 2.0M |
| Shares Outstanding (Diluted) | 5.0M | 4.9M | 4.9M | 2.6M | 7.5M | 7.5M | 7.5M | 2.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |