VERSES AI Balance Sheet

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2021
Period Ending	Jun '25 Jun 30, 2025	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	2020 - 2021
Cash & Equivalents	3.26	4.82	0.89	4.4	6.37	0.14	Upgrade
Short-Term Investments	0.01	0.01	0.06	0.06	0.08	-	Upgrade
Cash & Short-Term Investments	3.27	4.83	0.95	4.46	6.45	0.14	Upgrade
Cash Growth	-66.83%	406.89%	-78.63%	-30.88%	4634.83%	3031.83%	Upgrade
Accounts Receivable	0.2	-	1.35	1.39	1.55	0.01	Upgrade
Other Receivables	0.69	0.6	0.37	0.81	0.21	0.01	Upgrade
Receivables	0.89	0.6	1.73	2.2	1.76	0.02	Upgrade
Inventory	-	0.01	-	-	-	-	Upgrade
Prepaid Expenses	0.6	0.63	0.73	1.38	0.28	0.02	Upgrade
Restricted Cash	-	-	-	-	0.09	0.74	Upgrade
Other Current Assets	0.03	0.12	0.08	-	-	-	Upgrade
Total Current Assets	4.79	6.18	3.5	8.04	8.58	0.91	Upgrade
Property, Plant & Equipment	0.12	0.13	0.27	0.34	0.45	-	Upgrade
Other Long-Term Assets	-	-	-	0.26	-	-	Upgrade
Total Assets	4.98	6.38	3.83	8.64	9.03	0.91	Upgrade
Accounts Payable	2.25	1.93	2.78	1.18	0.54	0.89	Upgrade
Accrued Expenses	0.05	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	0.02	0.17	-	0.07	0.33	0.63	Upgrade
Other Current Liabilities	13.2	12.86	10.5	1.33	1	3.11	Upgrade
Total Current Liabilities	15.51	15.11	15.36	7.66	2.06	6.5	Upgrade
Long-Term Debt	0.14	0.14	0.14	0.14	0.15	0.55	Upgrade
Long-Term Leases	-	-	-	-	0.11	-	Upgrade
Total Liabilities	15.65	15.25	15.5	7.8	2.31	7.05	Upgrade
Common Stock	112.1	105.48	62.47	30.26	20.38	0	Upgrade
Additional Paid-In Capital	16.94	15.89	13.34	5.61	1.58	-	Upgrade
Retained Earnings	-139.2	-129.56	-86.57	-34.48	-15.02	-6.14	Upgrade
Comprehensive Income & Other	-0.5	-0.68	-0.92	-0.55	-0.23	-	Upgrade
Shareholders' Equity	-10.66	-8.87	-11.68	0.84	6.72	-6.14	Upgrade
Total Liabilities & Equity	4.98	6.38	3.83	8.64	9.03	0.91	Upgrade
Total Debt	0.14	0.14	2.14	5.16	0.37	2.14	Upgrade
Net Cash (Debt)	3.13	4.69	-1.19	-0.7	6.08	-2	Upgrade
Net Cash Per Share	0.36	0.60	-0.33	-0.17	2.11	-0.86	Upgrade
Filing Date Shares Outstanding	10.14	8.75	5.56	4.76	3.81	2.31	Upgrade
Total Common Shares Outstanding	8.75	7.83	5.52	4.38	3.81	2.31	Upgrade
Working Capital	-10.71	-8.92	-11.87	0.38	6.51	-5.59	Upgrade
Book Value Per Share	-1.22	-1.13	-2.12	0.19	1.76	-2.65	Upgrade
Tangible Book Value	-10.66	-8.87	-11.68	0.84	6.72	-6.14	Upgrade
Tangible Book Value Per Share	-1.22	-1.13	-2.12	0.19	1.76	-2.65	Upgrade
Machinery	0.6	0.58	0.55	0.37	0.25	-	Upgrade

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