v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 2,790,994 $ 1,117,028
Accounts receivable 277,355 317,808
Prepaid expenses 689,008 433,680
Other current assets 335,587 192,409
Total Current Assets 4,092,944 2,060,925
Property and equipment, net 3,564,114 4,027,849
Operating lease right-of-use assets 338,795 495,749
Intangible assets, net 305,133 316,704
Total Assets 8,300,986 6,901,227
Current Liabilities    
Accounts payable 3,564,762 2,918,768
Accrued liabilities 2,670,128 4,211,828
Deferred revenue 177,582 353,846
Management and directors' fees payable 54,391 80,939
Current portion of long-term debt 1,070,020 890,571
Current portion of finance lease liabilities 53,593 54,377
Current portion of operating lease liabilities 204,724 250,336
Current portion of grant repayable 101,951 117,093
Warrant liability 6,400 20,978
Derivative liability 2,168,500 913,742
Current portion of convertible note payable, net 3,420,585 2,418,275
Total Current Liabilities 13,492,636 12,230,753
Long-term debt, net of current portion 5,981,815 5,818,354
Deferred revenue, net of current portion 21,225,421 21,938,462
Finance lease liabilities, net of current portion 282,278 317,859
Operating lease liabilities, net of current portion 157,478 276,558
Grant repayable, net of current portion 460,911 473,652
Convertible note payable, net of current portion 239,807 1,438,400
Total Long-Term Liabilities 28,347,710 30,263,285
Total Liabilities 41,840,346 42,494,038
Stockholders' Deficit    
Common Stock Authorized: 325,000,000 shares of common stock, at $0.001 par value per share Issued and outstanding: 12,044,339 shares and 6,288,988 shares, respectively 12,044 6,289
Additional paid-in capital 235,263,755 218,943,759
Accumulated other comprehensive income (88,451) (295,071)
Accumulated deficit (267,352,291) (252,901,370)
Total VolitionRx limited Stockholders' Deficit (32,164,943) (34,246,393)
Non-controlling interest (1,374,417) (1,346,418)
Total Stockholders' Deficit (33,539,360) (35,592,811)
Total Liabilities and Stockholders' Deficit $ 8,300,986 $ 6,901,227

Source

10-Q PDF
XBRL