Versus Systems Q1 FY26 net loss narrows to $818,695; revenue drops 91% to $17,300

Versus System Inc

Versus System Inc

VS

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  • Versus Systems posted a net loss of $818,695 for the quarter ended March 31, 2026, narrowing 30% year over year.
  • Revenue dropped 91% to $17,300, reflecting the absence of about $176,000 in one-time consulting services tied to the ASPIS arrangement recorded a year earlier.
  • Selling, general and administrative expense fell 38% to $835,995, helping operating loss narrow 30% to $818,695.
  • Net cash provided by operating activities was $143,986, swinging from cash used in operations a year earlier, while cash and cash equivalents totaled $0.4 million at March 31, 2026.


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