Versus Systems Inc. R&D Expense

Quick Answer

Versus Systems Inc. reported R&D Expense of $246.0 thousand for fiscal year 2024.

Versus Systems Inc. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2024 $246.0K -77.8%
2023 $1.11M -54.0%
2022 $2.41M

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
September 30, 2025 $14.5K +26.2% +132.7%
June 30, 2025 $6.2K -90.7% +1.1%
March 31, 2025 $6.1K -84.4% -46.4%
September 30, 2024 $11.5K -95.8% -82.9%
June 30, 2024 $67.2K +70.5%
March 31, 2024 $39.4K -94.5% -85.5%
September 30, 2023 $272.1K -62.1%
March 31, 2023 $717.7K
  • Versus Systems Inc. showed a decrease of -77.8% in R&D Expense compared to the prior fiscal year.
  • Over the 2022–2024 period, Versus Systems Inc.’s r&d expense has declined by 89.8% (from $2.41 million to $246.0 thousand).
  • The most recent figure is from Versus Systems Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on March 31, 2025.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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