Exhibit 99.1
Versus Systems Inc.
Consolidated Statements of Financial Position - Forecast
(Expressed in US Dollars)
March 31, | Proforma Adjustments | June 30, 2026 | ||||||||||
| Unaudited | Unaudited | Unaudited | ||||||||||
| ($) | ($) | ($) | ||||||||||
| ASSETS | ||||||||||||
| Cash | 422,903 | 938,811 | (1) | 1,361,714 | ||||||||
| Accounts Receivable | 193,300 | 1,226,700 | (2) | 1,420,000 | ||||||||
| Prepaids | 106,750 | (15,461 | ) | 91,289 | ||||||||
| Promissory Note | - | - | - | |||||||||
| Total current assets | 722,953 | 2,150,050 | 2,873,003 | |||||||||
| Non-Current assets | ||||||||||||
| Intangible assets | 936,000 | 327,000 | 1,263,000 | |||||||||
| Total Assets | 1,658,953 | 2,477,050 | 4,136,003 | |||||||||
| LIABILITIES AND EQUITY | ||||||||||||
| Current liabilities | ||||||||||||
| Accounts payable and accrued liabilities | 459,340 | 273,057 | 732,397 | |||||||||
| Total current liabilities | 459,340 | 273,057 | 732,397 | |||||||||
| Total liabilities | 459,340 | 273,057 | 732,397 | |||||||||
| Stockholders’ equity | ||||||||||||
| Stockholders’ Equity | 1,199,613 | 2,203,993 | 3,403,606 | |||||||||
| Total Stockholders’ equity | 1,199,613 | 2,203,993 | 3,403,606 | |||||||||
| (1) | Represents $1,700,000 in proceeds from sale of common stock pursuant to the Stock Purchase Agreement with ASPIS Cyber Technologies, Inc (ACT), offset by cash payments and receipts related to operating income and expenses. |
| (2) | Represents $1,485,000 of revenue recognized pursuant to ACT’s renewal and extension of its Technology License and Software Development Agreement with the Company offset by payments and adjustments. |