VERSUS SYSTEMS INC (VS)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$1.200.00%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
QuarterlyIQ Insights · VS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 126.8% |
| Our one-year growth estimate | diamond | Not available |
Growth built into the price is above our model estimate.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A comparable growth gap is not available.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 120 industry peers · Company calendar date is not available
VS — capital allocation — Unregistered Sales of Equity Securities
Dated 2026-06-29
Unregistered Sales of Equity Securities. On June 26, 2026, Versus Systems, Inc. (the “Company”) consummated the transactions contemplated by its Stock Purchase Agreement (the “SPA”) with ASPIS Cyber Technologies, Inc. (“ASPIS”), dated April 15, 2026. Specifically, the Company has issued to ASPIS 1,310,969 shares of Company common stock at a per share price of $1.29675 and total consideration of $1,700,000. The SPA was filed as Exhibit 10.1 to the Company’s Form 8-K filed with the Securities a…
Why it matters: New partnerships can create more growth chances. They can also help financial results.
Supportive ifA press release shows a partnership with a well-known industry company.
Worry ifNo new partnerships announced by the next earnings date.
Why it matters: Bringing in more revenue is key. It helps the company recover after a big drop.
Supportive ifQ2 2026 revenue shows a significant increase from the $17,300 reported in Q1 2026.
Worry ifQ2 2026 revenue remains at or below Q1 2026 levels.
Why it matters: Growth from the ASPIS partnership could signal successful strategic partnerships. This is key for future revenue.
Supportive ifRevenue from ASPIS partnership exceeds $1.5M in the next quarter.
Worry ifRevenue from ASPIS partnership remains below $1.5M in the next quarter.
Why it matters: New partnerships could drive growth and improve financial performance for Versus Systems.
Supportive ifVersus Systems announces a new partnership. This is with a well-known industry company.
Worry ifNo new partnerships are announced in the next quarter.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$310 on $10,000 · ±3.1% | How much price usually moves either way. |
| Bad day | $750 loss on $10,000 · 7.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,596 loss on $10,000 · 66.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Fixing the listing problem is important. It helps keep trust in the market and access to money.
Supportive ifA public announcement shows that the company meets Nasdaq's rules.
Worry ifMore notices from Nasdaq about ongoing listing problems.
Why it matters: New partnerships can drive growth and validate the company's strategy. They can help improve revenue.
Supportive ifAnnouncement of at least one new strategic partnership by Q3 2026.
Worry ifNo new partnerships announced by Q3 2026.
Why it matters: The recent equity sale could impact cash flow and future investments. Monitoring this helps assess financial health.
Watch forCash from the equity sale leads to a positive cash flow impact in the next quarter.
Also watch forCash flow remains negative despite the equity sale.
Why it matters: The stock sale raised $1.7M. If it leads to better cash flow, it shows effective capital use.
Supportive ifCash flow improves significantly in the next quarter after the stock sale.
Worry ifCash flow remains weak or worsens in the next quarter after the stock sale.
Why it matters: Higher operating income means stronger financial performance. It shows the company is near profit.
Supportive ifOperating income is better than -$0.82M in the next earnings report.
Worry ifOperating income worsens or stays at -$0.82M or worse. This shows financial struggles.
Why it matters: Improving stockholders' equity is key to addressing the Nasdaq listing issue. A rise above $2.5M is needed.
Supportive ifStockholders' equity was over $3.4M in Q3 2026.
Worry ifStockholders' equity falls below $3.4M in Q3 2026.
Why it matters: Fixing the listing issue is important. It helps keep market access and investor trust.
Supportive ifVersus Systems shows it meets the $2.5 million stockholders' equity rule.
Worry ifNasdaq sent another notice about delisting. This is due to ongoing equity problems.
Why it matters: Positive net income shows the company is improving its financial performance. It is a sign of growth.
Supportive ifNet income stays positive in the next financial statement.
Worry ifNet income turns negative in the next financial statement.
Why it matters: This deal could bring in cash and help the company's finances.
Supportive ifVersus Systems confirms the completion of the stock purchase agreement with ASPIS.
Worry ifThe agreement is delayed or falls through, impacting cash flow.
Why it matters: Fixing the Nasdaq issue is important for keeping the company's listing. It shows the company is stable.
Supportive ifStockholders' equity remains above $2.5M for the next quarter.
Worry ifEquity falls below $2.5M again in the next quarter.
Why it matters: Partnerships can drive growth and validate the company's business model. New deals can boost revenue.
Supportive ifA new partnership is announced. It includes cash or revenue commitments.
Worry ifNo new partnerships are announced next quarter. This shows growth efforts are stalled.
Why it matters: Continued improvement in operating income shows the company is managing costs well. This is vital for long-term health.
Supportive ifOperating income exceeds $600K in the next quarter.
Worry ifOperating income falls below $600K in the next quarter.
Why it matters: Stockholders' equity must stay above $2.5M to meet Nasdaq listing rules. This affects the company's market standing.
Supportive ifStockholders' equity stays above $2.5M in the next quarterly report.
Worry ifStockholders' equity falls below $2.5M in the next quarterly report.
Why it matters: Revenue growth from partnerships shows new business strategies are working. This affects future earnings.
Supportive ifRevenue from partnerships increases above $17,300 in the next quarter.
Worry ifRevenue from partnerships stays below $6,821 in the next quarter.
Why it matters: The agreement with ASPIS could impact cash flow and financial stability. This affects the company's growth potential.
Watch forPositive cash flow reported from the $1.7M raised through the Stock Purchase Agreement.
Also watch forNegative cash flow or problems reported with the Stock Purchase Agreement.