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

Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Future Minimum Lease Payments for Capital Leases

2018- remaining	$	125,862
2019	$	167,814
2020	$	115,383
2021	$	66,302
2022	$	66,302
Greater than 5 years	$	621,552
Total minimum lease payments	$	1,163,215
Less: Amount representing interest	$	(155,580	)

Present value of minimum lease payments	$	1,007,635

Operating lease payments

2018- remaining	$	164,704
2019	$	66,241
2020	$	52,514
2021	$	14,404
Total Operating Lease Obligations	$	297,863

Schedule of grants repayable

2018- remaining	$	43,143
2019	$	43,143
2020	$	43,143
2021	$	39,946
2022	$	36,980
Greater than 5 years	$	30,818
Total Grants Repayable	$	237,173

Schedule of long term debt

2018- remaining	$	461,570
2019	$	332,667
2020	$	552,240
2021	$	190,901
2022	$	124,750
Greater than 5 years	$	343,132
Total	$	2,005,260
Less: Amount representing interest	$	(233,757	)

Total Long-Term Debt	$	1,771,503

Schedule of collaborative agreement obligations

2018- remaining	$	2,228,334
2019	$	1,063,096
2020	$	500,000
Total Collaborative Agreement Obligations	$	3,791,430

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

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