| EQUIPMENT |
SCHEDULE OF EQUIPMENT
| Cost | |
Equipment | |
| Balance, March 31, 2025 | |
$ | 580,751 | |
| Additions | |
| 65,285 | |
| Balance, December 31, 2025 | |
$ | 646,036 | |
| Accumulated depreciation | |
| Equipment | |
| Balance, March 31, 2025 | |
$ | 455,338 | |
| Additions | |
| 70,408 | |
| Balance, December 31, 2025 | |
$ | 525,746 | |
| | |
| | |
| Net book value, March 31, 2025 | |
$ | 125,413 | |
| Net book value, December 31, 2025 | |
$ | 120,290 | |
|
15. EQUIPMENT
SCHEDULE OF EQUIPMENT
| Cost | |
Equipment | |
| Balance, March 31, 2023 | |
| 365,017 | |
| | |
| | |
| Additions | |
| 185,155 | |
| Balance, March 31, 2024 | |
$ | 550,172 | |
| Additions | |
| 30,579 | |
| Balance, March 31, 2025 | |
$ | 580,751 | |
VERSES AI INC.
Notes to the Consolidated Financial Statements
For the years ended March 31, 2025 and 2024
(Expressed in United States dollars)
|
| Accumulated depreciation | |
Equipment | |
| Balance, March 31, 2023 | |
| 130,177 | |
| | |
| | |
| Additions | |
| 152,736 | |
| Balance, March 31, 2024 | |
$ | 282,913 | |
| Additions | |
| 172,425 | |
| Balance, March 31, 2025 | |
$ | 455,338 | |
| | |
| | |
| Net book value, March 31, 2024 | |
$ | 267,259 | |
| Net book value, March 31, 2025 | |
$ | 125,413 | |
|