Home / Going-concern warnings / Verses AI Inc.
Filed 2025-07-14 路 Form 10-K 路 Accession 0001641172-25-019545 micro
Price before filing: $6.84 (2025-07-11 close, split/dividend-adjusted)
Market cap at flag: $67.7M (2025-07-14) 路 Latest: $1.2M (2026-10-12)
| Window | VRSSF | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -13.0% | +3.4% | -16.4% | 2025-08-13 |
| 90 days | -27.8% | +6.6% | -34.4% | 2025-10-13 |
| 180 days | -78.8% | +12.1% | -90.9% | 2026-01-12 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"As discussed in Note 1 to the consolidated financial statements, the Company has recurring net losses, a large accumulated deficit, and negative cash flows from operations which raises substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Going-concern opinion issued by: M&K CPAS, PLLC
Source: independent auditor report in Form 10-K (period 2025-03-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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