Balance Sheet

v3.22.4

Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 10,867,050	$ 20,581,313
Accounts Receivable	72,609	12,510
Prepaid expenses	784,920	598,367
Other current assets	447,566	786,642
Total Current Assets	12,172,145	21,978,832
Property and equipment, net	5,393,012	4,911,077
Operating lease right-of-use assets	619,392	383,551
Intangible assets, net	110,505	216,876
Total Assets	18,295,054	27,490,336
Current Liabilities
Accounts payable	3,043,008	1,542,457
Accrued liabilities	2,872,247	3,828,501
Deferred revenue	10,000,000	12,512
Management and directors' fees payable	71,119	71,303
Current portion of long-term debt	1,066,700	797,855
Current portion of financing lease liabilities	46,014	48,958
Current portion of operating lease liabilities	245,163	171,166
Current portion of grant repayable	41,836	43,100
Total Current Liabilities	17,386,087	6,515,852
Long-term debt, net of current portion	2,779,240	2,270,767
Finance lease liabilities, net of current portion	436,132	511,086
Operating lease liabilities, net of current portion	400,091	217,305
Grant repayable, net of current portion	420,466	253,221
Total Liabilities	21,422,016	9,768,231
Common Stock
Authorized: 100,000,000 shares of common stock, at $0.001 par value Issued and outstanding: 57,873,379 shares and 53,772,261 shares, respectively	57,873	53,772
Additional paid-in capital	164,397,468	154,730,938
Accumulated other comprehensive income	227,097	148,326
Accumulated deficit	(167,257,429)	(136,988,636)
Total VolitionRx Limited Stockholders' Equity (Deficit)	(2,574,991)	17,944,400
Non-controlling interest	(551,971)	(222,295)
Total Stockholders' Equity (Deficit)	(3,126,962)	17,722,105
Total Liabilities and Stockholders' Equity	$ 18,295,054	$ 27,490,336

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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