Verses AI Inc
OTC:VRSSD
Income Statement
Earnings Waterfall
Verses AI Inc
Income Statement
Verses AI Inc
| Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
|
| Revenue |
3
N/A
|
0
-86%
|
1
+71%
|
1
+83%
|
2
+30%
|
2
-6%
|
2
+19%
|
2
-1%
|
2
+11%
|
2
-14%
|
1
-24%
|
1
-42%
|
0
-79%
|
0
+194%
|
|
| Gross Profit | |||||||||||||||
| Cost of Revenue |
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Gross Profit |
0
N/A
|
(1)
N/A
|
(0)
+28%
|
(0)
+23%
|
0
N/A
|
0
-20%
|
0
-17%
|
0
+20%
|
0
-29%
|
0
-2%
|
0
-28%
|
0
-79%
|
(0)
N/A
|
(0)
+24%
|
|
| Operating Income | |||||||||||||||
| Operating Expenses |
(5)
|
(7)
|
(12)
|
(17)
|
(20)
|
(22)
|
(26)
|
(36)
|
(40)
|
(42)
|
(44)
|
(42)
|
(40)
|
(41)
|
|
| Selling, General & Administrative |
(5)
|
(6)
|
(9)
|
(12)
|
(14)
|
(16)
|
(18)
|
(26)
|
(28)
|
(27)
|
(28)
|
(26)
|
(25)
|
(27)
|
|
| Research & Development |
0
|
(1)
|
(3)
|
(4)
|
(6)
|
(7)
|
(7)
|
(10)
|
(12)
|
(14)
|
(16)
|
(15)
|
(15)
|
(15)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Operating Income |
(4)
N/A
|
(8)
-79%
|
(12)
-56%
|
(17)
-38%
|
(19)
-14%
|
(22)
-13%
|
(26)
-16%
|
(36)
-40%
|
(40)
-12%
|
(41)
-3%
|
(44)
-5%
|
(42)
+4%
|
(41)
+3%
|
(41)
-2%
|
|
| Pre-Tax Income | |||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
2
|
(1)
|
(2)
|
(2)
|
|
| Non-Reccuring Items |
(5)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
(10)
|
(8)
|
(8)
|
(8)
|
(0)
|
1
|
|
| Total Other Income |
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(2)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
|
| Pre-Tax Income |
(9)
N/A
|
(10)
-17%
|
(15)
-42%
|
(19)
-32%
|
(19)
0%
|
(22)
-15%
|
(26)
-16%
|
(36)
-39%
|
(52)
-43%
|
(49)
+6%
|
(49)
-1%
|
(51)
-4%
|
(43)
+16%
|
(42)
+2%
|
|
| Net Income | |||||||||||||||
| Tax Provision |
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(9)
|
(10)
|
(15)
|
(19)
|
(19)
|
(22)
|
(26)
|
(36)
|
(52)
|
(49)
|
(49)
|
(51)
|
(43)
|
(42)
|
|
| Net Income (Common) |
(9)
N/A
|
(10)
-17%
|
(15)
-42%
|
(19)
-32%
|
(19)
0%
|
(22)
-15%
|
(26)
-16%
|
(36)
-39%
|
(52)
-43%
|
(49)
+6%
|
(49)
-1%
|
(51)
-4%
|
(43)
+16%
|
(42)
+2%
|
|
| EPS (Diluted) |
-2.33
N/A
|
-2.72
-17%
|
-3.61
-33%
|
-4.43
-23%
|
-4.67
-5%
|
-4.91
-5%
|
-5.09
-4%
|
-6.7
-32%
|
-9.44
-41%
|
-8.73
+8%
|
-8.51
+3%
|
-7.99
+6%
|
-5.49
+31%
|
-4.82
+12%
|
|