Last quarter (Q2 2025), VERSES AI Inc's total revenue was $155.00K, a decrease of -72.26% from the same quarter last year. In Q2, VERSES AI Inc's net income was $-8.33M. See VERSES AI Inc’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Mar 24	Mar 23	Mar 22
Total Revenue	$ 1.29M	$ 1.97M	$ 1.61M	$ 2.77M
Cost of Revenue	$ 1.10M	$ 1.70M	$ 1.14M	$ -2.38M
Gross Profit	$ 186.93K	$ 267.56K	$ 469.56K	$ 5.16M
Operating Expense	$ 51.43M	$ 46.71M	$ 19.95M	$ 10.17M
Operating Income	$ -51.24M	$ -46.45M	$ -19.48M	$ -5.01M
Net Non Operating Interest Income Expense	$ -750.69K	$ -552.36K	$ -113.02K	$ -144.77K
Other Income Expense	$ -2.79M	$ -395.00K	$ -141.58K	$ -1.04M
Pretax Income	$ -49.20M	$ -46.60M	$ -19.45M	$ -4.11M
Tax Provision	$ 2.51K	$ 2.51K	$ 5.60K	$ 1.60K
Earnings From Equity Interest Net Of Tax	$ ―	$ ―	$ ―	$ ―
Net Income Common Stockholders	$ -49.21M	$ -46.61M	$ -19.46M	$ -4.11M
Basic EPS	$ -0.42	$ -0.34	$ -0.18	$ -0.11
Diluted EPS	$ -0.42	$ -0.34	$ -0.18	$ -0.11
Basic Average Shares	$ 424.29M	$ 76.47M	$ 49.84M	$ 15.42M
Diluted Average Shares	$ 424.29M	$ 76.47M	$ 49.84M	$ 15.42M
Dividend Per Share	$ ―	$ ―	$ ―	$ ―
Total Operating Income As Reported	$ ―	$ ―	$ ―	$ ―
Reported Normalized Basic E P S	$ ―	$ ―	$ ―	$ ―
Reported Normalized Diluted E P S	$ ―	$ ―	$ ―	$ ―
Rent Expense Supplemental	$ ―	$ ―	$ ―	$ ―
Total Expenses	$ 52.53M	$ 48.41M	$ 21.09M	$ 7.78M
Net Income From Continuing And Discontinued Operation	$ -49.21M	$ -46.61M	$ -19.46M	$ -4.11M
Normalized Income	$ -40.94M	$ -34.25M	$ -14.30M	$ -3.02M
Interest Expense	$ ―	$ ―	$ ―	$ ―
EBIT	$ -48.45M	$ -46.05M	$ -19.32M	$ -3.95M
EBITDA	$ -48.22M	$ -45.79M	$ -19.08M	$ -3.92M

Currency in USD

VERSES AI Inc Earnings and Revenue History

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