VSAI - VERSES AI Inc. Comm... Stock Analysis | Stock Taper
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VERSES AI Inc. Common Stock

VSAI

VERSES AI Inc. Common Stock NASDAQ
$0.00 0.00% (+0.00)

No price data available
Market Cap $0
52w High $0
52w Low $0
P/E 0
Volume 0
Outstanding Shares 0

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $417.93K $5.53M $-5.48M -1.31K% $-2.94 $-5.48M
Q2-2025 $100.7K $9.65M $-9.87M -9.8K% $-6.22 $-9.87M
Q1-2025 $300K $2.67M $-9.64M -3.21K% $-1.1 $-2.56M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $0 $2.29M $15.49M $-13.2M
Q2-2025 $0 $3.64M $12.96M $-9.32M
Q1-2025 $0 $4.98M $15.65M $-10.66M

What's financially strong about this company?

There is no debt, and no goodwill or intangible assets that could be written down. All assets are tangible.

What are the financial risks or weaknesses?

The company has no cash, cannot cover its bills, and owes far more than it owns. Equity is deeply negative and the gap is widening each quarter.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $0 $-3.47M $-24.8K $2.35M $0 $-3.47M
Q2-2025 $9.64M $-9.43M $-24.25K $7.49M $0 $-9.43M
Q1-2025 $-9.64M $-8.9M $-16.24K $7.18M $0 $-8.9M

What's strong about this company's cash flow?

The cash burn rate has improved, dropping from $9.4M to $3.5M this quarter. No new debt or dilution occurred, so the capital structure is unchanged.

What are the cash flow concerns?

VSAI has no cash left, continues to burn millions each quarter, and depends on outside funding to keep operating. If new funding dries up, the company cannot continue.

5-Year Trend Analysis

A comprehensive look at VERSES AI Inc. Common Stock's financial evolution and strategic trajectory over the past five years.

+ Strengths

VSAI’s primary strengths lie in its differentiated AI technology, high-caliber scientific backing, and ambitious vision for intelligent agents and the Spatial Web. Early proofs of concept, benchmark results, and partnerships with recognizable organizations add credibility to its approach. The capital-light profile to date and absence of formal debt also reduce some traditional financial burdens, at least in terms of interest costs.

! Risks

The main risks are financial fragility and commercialization uncertainty. The company has no revenue, negative gross profit, heavy reliance on external financing, minimal liquidity, and negative equity, all of which create meaningful going-concern risk. On the business side, it faces intense competition from far larger AI firms, and there is no clear evidence yet that early technical success will translate into broad, recurring customer adoption. Accounting gaps, such as the lack of visible R&D spending despite a research-heavy strategy, add another layer of uncertainty.

Outlook

The outlook is highly binary and execution-driven. If VSAI can secure sufficient funding, successfully launch and scale its Genius platform, and turn its innovation and partnerships into paying, repeat business, it could emerge as a notable specialist in enterprise and agentic AI. If funding access tightens or commercialization lags, the current financial weaknesses could significantly constrain its ability to realize that vision. For now, the company sits at an early, high-uncertainty stage where technological promise is clear, but financial and commercial validation is still ahead.