Company: SVIX
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004207
Chunk: 1974

Company: VS Trust
Filing Date: 2025-03-28
Form: 10-K
Item: Item 8
Chunk 1974
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Item 8. Financial Statements and Supplementary Data.

Statement of Operations for the three month
periods ended March 31, 2024, March 31, 2023, June 30, 2024, June 30, 2023, September 30, 2024, September 30, 2023, December 31, 2024,
December 31, 2023 and the years ended December 31, 2024 and December 31, 2023 for each Fund, as applicable.

-1x Short VIX Futures ETF

    Three Months Ended (Unaudited)  
    Year Ended 

    March 31, 2024  
    June 30, 2024  
    September 30, 2024  
    December 31, 2024  
    December 31,  2024 
  
    Net investment income (loss) 
    $(163,131) 
     47,453  
     606,641  
     446,256  
     937,219 
  
    Net realized gain (loss) 
     19,506,922  
     36,009,590  
     (28,241,497) 
     (10,817,410) 
     16,457,605 
  
    Net unrealized gain (loss) 
     (3,566,658) 
     (294,358) 
     (3,114,805) 
     (4,076,043) 
     (11,051,864)
  
    Net income (loss) 
    $15,777,133  
     35,762,685  
     (30,749,661) 
     (14,447,197) 
     6,342,960 
  
    Net increase (decrease) in net asset value per share 
    $4.73  
    $5.24  
    $(20.69) 
    $(1.67) 
    $(12.39)

    Three Months Ended (Unaudited)  
    Year Ended 

    March 31,  2023  
    June 30, 2023  
    September 30, 2023  
    December 31, 2023  
    December 31, 2023 
  
    Net