VolitionRx Ltd Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details
Uncategorized
- Subsequent Events (Narrative)

Warrants And Options (Details Narrative)

v3.7.0.1

Warrants And Options (Details Narrative) - USD ($)		1 Months Ended			3 Months Ended
Warrants And Options (Details Narrative) - USD ($)	Mar. 01, 2017	Mar. 30, 2017	Feb. 14, 2017	Feb. 13, 2017	Mar. 31, 2017
Stock options warrants					2,143,138
Weighted average remaining contractual life					1 year 8 months 1 day
Warrant [Member]
Stock options warrants			25,000
Exercise price			$ 2.47
Stock per shre price			$ 4.52
Expected term			6 months
Volatility			55.65%
Risk free rate			0.66%
Outstanding at March 31, 2017					$ 2.40
Unrecognized compensation cost of non-vested warrants					$ 67,427
Unrecognized compensation cost of non-vested warrants recognition period					2 years
Stock option [Member]
Stock options warrants	5,000	686,000		25,000
Exercise price				$ 5.00	$ 5.00
Stock per shre price				$ 4.52	$ 4.18
Expected term		6 years		6 years
Volatility		79.41%		80.17%
Risk free rate		2.25%		2.24%
Weighted average remaining contractual life					3 years 9 months 26 days
Weighted average exercise price					$ 4.05
Stock option vesting date		Mar. 30, 2018		Feb. 13, 2018
Unrecognized compensation cost of non-vested stock options					$ 2,208,363
Term		5 years		5 years	1 year
Fair market value		$ 1,898,322		$ 76,773
Stock option [Member] \| On January 1, 2017 [Member]
Stock options warrants					50,000
Exercise price					$ 4.80
Stock per shre price					$ 4.57
Expected term					6 years
Volatility					80.70%
Risk free rate					2.26%
Stock option vesting date					Jan. 01, 2018
Term					5 years
Fair market value					$ 157,890

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The price per share of the conversion feature embedded in the debt instrument.

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Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Unrecognized cost of unvested share-based awards, other than options, awarded to employees as compensation.

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Unrecognized cost of unvested options awarded to employees as compensation.

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Amount of issuances of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

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The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

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The risk-free interest rate assumption that is used in valuing an option on its own shares.

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Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.

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Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Per share or per unit amount of equity securities issued.

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