VERSES Announces Filing of Quarterly Report on Form 10-Q
Rhea-AI Summary
VERSES AI (OTCQB: VRSSF) has filed its Q2 2025 Quarterly Report on Form 10-Q with the SEC for the period ended June 30, 2025. The company's CFO, James Christodoulou, highlighted key achievements including disciplined cost management and the first revenue generation from their flagship product Genius, which was launched just two months prior.
VERSES, a cognitive computing company developing Nature-inspired agentic software systems, reported that their Genius platform is designed to generate domain-specific predictions and decisions under uncertainty. The quarterly results demonstrate strong customer interest and prudent cash management as the company continues to scale and commercialize its operations.
Positive
- First revenue generation from Genius product after only two months post-launch
- Demonstrated disciplined cost management during scaling phase
- Strong customer interest reported by management
Negative
- None.
News Market Reaction
On the day this news was published, VRSSF gained 0.09%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, British Columbia, Aug. 14, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) ("VERSES" or the "Company"), a cognitive computing company pioneering next-generation agentic software systems today announced that it has filed its Quarterly Report on Form 10-Q (“Quarterly Report”) for the three months ended June 30, 2025, with the U.S. Securities and Exchange Commission (“SEC”).
“We are pleased to report our results for the three months ending June 30, 2025 in our Quarterly Report on Form 10-Q. I believe these results demonstrate disciplined cost management, even as Verses begins to scale and commercialize, market and sell its flagship product Genius. The results also highlight the first revenue generated by Genius after only two months following its launch. I believe that these results underscore our prudent approach to managing cash as well as the strong customer interest we’ve anticipated from the outset. We are all energized by this momentum as we head into the remainder of the year,” said James Christodoulou, CFO of VERSES.
The Quarterly Report is available on the SEC’s website at https://research.secdatabase.com/CIK/1879001/Company-Name/VERSES-AI-INC under the Company’s filings, as well as on the Company’s investor relations website.
About
VERSES® is a cognitive computing company building next-generation agentic software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius,™ is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Imagine a Smarter World that elevates human potential through technology inspired by Nature. Learn more at verses.ai, LinkedIn and X.
For more information, please visit verses.ai
On behalf of the Company
Gabriel René, Founder & CEO, VERSES AI Inc.
Press Inquiries: press@verses.ai
Investor Relations Inquiries
James Christodoulou, Chief Financial Officer
ir@verses.ai, +1(212)970-8889
Cautionary Note Regarding Forward-Looking Statements
This news release contains statements which constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information including, but not limited to that the Company’s robotics models have the potential to transform how robots operate across industries, and that the Company’s robotics models could unlock a new era of truly adaptive, reliable automation.
The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release.
The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
FAQ
What did VERSES AI (VRSSF) report in their Q2 2025 quarterly filing?
When did VERSES AI launch their Genius product and what are its first results?
What is VERSES AI's Genius platform designed to do?
Who is the CFO of VERSES AI and what was his assessment of Q2 2025?
