Company: SVIX
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004207
Chunk: 874

Company: VS Trust
Filing Date: 2025-03-28
Form: 10-K
Item: Item 6
Chunk 874
---
:10 reverse stock split
on January 15, 2025, as if they occurred at the commencement of operations.

See accompanying notes to the financial statements.

F-3

VS Trust

Statements of Operations

    -1x Short VIX  Futures
    ETF  
    2x Long VIX
 Futures ETF  
    -1x Short VIX
 Futures ETF  
    2x Long VIX
 Futures ETF 

    For the year ended  
    For the year  ended  
    For the year  ended  
    For the year  ended 

    December 31, 2024  
    December 31,  2024  
    December 31,  2023  
    December 31,  2023 

    INVESTMENT INCOME 

    Income: 

    Dividends 
    $623  
    $462  
    $-  
    $- 
  
    Interest income 
     4,872,443  
     2,045,886  
     521,465  
     967,916 
  
    Total Income 
     4,873,066  
     2,046,348  
     521,465  
     967,916 

    Expenses: 

    Management fees 
     3,149,545  
     1,833,654  
     1,180,598  
     1,618,811 
  
    Administrative, accounting and custodian fees 
     228,761  
     148,419  
     111,470  
     117,864 
  
    Professional fees 
     357,241  
     552,720  
     323,667  
     323,138 
  
    Licensing and registration fees 
     152,993  
     84,511  
     73,386  
     78,715 
  
    Broker interest expense 
     47,307  
     -  
     33,299  
     3,834 
  
    Total Expenses 
     3,935,847  
     2,619,304  
     1,722,420  
     2,142,362 
  
    Net Investment income (loss) 
     937