VERSES AI Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2019 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2019 - 2020
Cash & Equivalents	4.82	0.89	4.4	6.37	0.14	Upgrade
Short-Term Investments	0.01	0.06	0.06	0.08	-	Upgrade
Cash & Short-Term Investments	4.83	0.95	4.46	6.45	0.14	Upgrade
Cash Growth	406.89%	-78.63%	-30.88%	4634.83%	3031.83%	Upgrade
Accounts Receivable	-	1.35	1.39	1.55	0.01	Upgrade
Other Receivables	0.6	0.37	0.81	0.21	0.01	Upgrade
Receivables	0.6	1.73	2.2	1.76	0.02	Upgrade
Inventory	0.01	-	-	-	-	Upgrade
Prepaid Expenses	0.63	0.73	1.38	0.28	0.02	Upgrade
Restricted Cash	-	-	-	0.09	0.74	Upgrade
Other Current Assets	0.12	0.08	-	-	-	Upgrade
Total Current Assets	6.18	3.5	8.04	8.58	0.91	Upgrade
Property, Plant & Equipment	0.13	0.27	0.34	0.45	-	Upgrade
Other Long-Term Assets	-	-	0.26	-	-	Upgrade
Total Assets	6.38	3.83	8.64	9.03	0.91	Upgrade
Accounts Payable	1.93	2.78	1.18	0.54	0.89	Upgrade
Accrued Expenses	0.15	0.08	0.07	0.08	0.28	Upgrade
Short-Term Debt	-	2	4.91	-	1.59	Upgrade
Current Portion of Leases	-	-	0.11	0.12	-	Upgrade
Current Unearned Revenue	0.17	-	0.07	0.33	0.63	Upgrade
Other Current Liabilities	12.86	10.5	1.33	1	3.11	Upgrade
Total Current Liabilities	15.11	15.36	7.66	2.06	6.5	Upgrade
Long-Term Debt	0.14	0.14	0.14	0.15	0.55	Upgrade
Long-Term Leases	-	-	-	0.11	-	Upgrade
Total Liabilities	15.25	15.5	7.8	2.31	7.05	Upgrade
Common Stock	105.48	62.47	30.26	20.38	0	Upgrade
Additional Paid-In Capital	15.89	13.34	5.61	1.58	-	Upgrade
Retained Earnings	-129.56	-86.57	-34.48	-15.02	-6.14	Upgrade
Comprehensive Income & Other	-0.68	-0.92	-0.55	-0.23	-	Upgrade
Shareholders' Equity	-8.87	-11.68	0.84	6.72	-6.14	Upgrade
Total Liabilities & Equity	6.38	3.83	8.64	9.03	0.91	Upgrade
Total Debt	0.14	2.14	5.16	0.37	2.14	Upgrade
Net Cash (Debt)	4.69	-1.19	-0.7	6.08	-2	Upgrade
Net Cash Per Share	0.60	-0.33	-0.17	2.11	-0.86	Upgrade
Filing Date Shares Outstanding	8.75	5.56	4.76	3.81	2.31	Upgrade
Total Common Shares Outstanding	7.83	5.52	4.38	3.81	2.31	Upgrade
Working Capital	-8.92	-11.87	0.38	6.51	-5.59	Upgrade
Book Value Per Share	-1.13	-2.12	0.19	1.76	-2.65	Upgrade
Tangible Book Value	-8.87	-11.68	0.84	6.72	-6.14	Upgrade
Tangible Book Value Per Share	-1.13	-2.12	0.19	1.76	-2.65	Upgrade
Machinery	0.58	0.55	0.37	0.25	-	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.