$VSME
VS MEDIA Holdings Ltd
CIK:0001951294|SEC Filings
Consolidated Statements of Operations and Comprehensive Loss - USD ($) |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|||||
| Income Statement [Abstract] | |||||||
| Revenues, net | $ 7,521,447 | $ 8,248,108 | $ 7,991,103 | ||||
| Cost of revenues | (5,738,306) | (6,554,925) | (6,351,394) | ||||
| Gross profit | 1,783,141 | 1,693,183 | 1,639,709 | ||||
| Operating expenses: | |||||||
| Marketing expenses | (973,598) | (488,516) | (218,895) | ||||
| Share-based compensation | (478,838) | (946,444) | (861,551) | ||||
| General and administrative expenses | (6,756,606) | (7,162,954) | (6,973,526) | ||||
| Total operating expenses | (8,209,042) | (8,597,914) | (8,053,972) | ||||
| Loss from operations | (6,425,901) | (6,904,731) | (6,414,263) | ||||
| Other income (expense): | |||||||
| Interest income | 8,211 | 6,607 | 7,560 | ||||
| Interest income, related party | 173,011 | ||||||
| Interest expense | (163,014) | (409,884) | (290,745) | ||||
| Share of loss from equity investment | (159,220) | ||||||
| Impairment on intangible assets | (906,305) | ||||||
| Impairment on investments | (100,444) | ||||||
| Impairment on goodwill | (1,118,038) | ||||||
| Other income | 80,063 | 15,086 | 103,006 | ||||
| Total other expenses, net | (2,185,736) | (388,191) | (180,179) | ||||
| Loss before income taxes | (8,611,637) | (7,292,922) | (6,594,442) | ||||
| Income taxes expense | |||||||
| Net loss | (8,611,637) | (7,292,922) | (6,594,442) | ||||
| Other comprehensive (loss) income | |||||||
| Foreign currency translation adjustment | (61,583) | (137,033) | 259,131 | ||||
| Total comprehensive loss | $ (8,673,220) | $ (7,429,955) | $ (6,335,311) | ||||
| Income (loss) per share - basic | [1] | $ (5.20) | $ (46.08) | $ (46.16) | |||
| Income (loss) per share - diluted | [1] | $ (5.20) | $ (46.08) | $ (46.16) | |||
| Weighted average number of ordinary shares outstanding - basic | [1],[2] | 1,655,965 | 158,283 | 142,858 | |||
| Weighted average number of ordinary shares outstanding - diluted | [1],[2] | 1,655,965 | 158,283 | 142,858 | |||
| |||||||