Verses AI (VRSSF) Operating Expenses (2023 - 2025)

Verses AI (VRSSF) has 3 years of Operating Expenses data on file, last reported at $5.5 million in Q4 2025.

• Quarterly Operating Expenses fell 65.96% year-over-year to $5.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $25.2 million (down 38.62% YoY) and the FY2025 annual result came in at $41.3 million, up 2.21% from the prior year.
• Operating Expenses declined to $5.5 million in Q4 2025 per VRSSF's latest filing, from $9.7 million in the prior quarter.
• Across five years, Operating Expenses topped out at $16.3 million in Q4 2024 and bottomed at $2.8 million in Q3 2023.
• The 3-year median for Operating Expenses is $9.8 million (2025), against an average of $9.1 million.
• The widest annual swing landed in 2024, when Operating Expenses surged 416.45%; it then slumped 65.96% in 2025.
• Tracing VRSSF's Operating Expenses over 3 years: stood at $4.1 million in 2023, then soared by 293.25% to $16.3 million in 2024, then tumbled by 65.96% to $5.5 million in 2025.
• Per Business Quant, the three latest VRSSF Operating Expenses figures stand at $5.5 million (Q4 2025), $9.7 million (Q3 2025), and $10.0 million (Q2 2025).

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