Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
ASSETS    
Cash $ 2,138,964us-gaap_Cash $ 888,704us-gaap_Cash
Prepaid expenses 144,095us-gaap_PrepaidExpenseCurrent 82,135us-gaap_PrepaidExpenseCurrent
Other current assets 52,659us-gaap_OtherAssetsCurrent 34,612us-gaap_OtherAssetsCurrent
Total Current Assets 2,335,718us-gaap_AssetsCurrent 1,005,451us-gaap_AssetsCurrent
Property and equipment, net 288,585us-gaap_PropertyPlantAndEquipmentNet 63,265us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net 808,726us-gaap_IntangibleAssetsNetExcludingGoodwill 1,002,043us-gaap_IntangibleAssetsNetExcludingGoodwill
Total Assets 3,433,029us-gaap_Assets 2,070,759us-gaap_Assets
LIABILITIES    
Accounts payable and accrued liabilities 797,909us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 518,086us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Management and directors' fees payable 146,016us-gaap_ManagementFeePayable 222,294us-gaap_ManagementFeePayable
Derivative Liability 1,577,640us-gaap_DerivativeLiabilities   
Deferred grant income 191,512us-gaap_OtherDeferredCreditsCurrent 216,894us-gaap_OtherDeferredCreditsCurrent
Total Current Liabilities 2,713,077us-gaap_LiabilitiesCurrent 957,274us-gaap_LiabilitiesCurrent
Grant repayable 351,773VNRX_GrantRepayable 432,811VNRX_GrantRepayable
Total Liabilities 3,064,850us-gaap_Liabilities 1,390,085us-gaap_Liabilities
STOCKHOLDERS' EQUITY    
Preferred Stock Authorized: 1,000,000 shares, at $0.001 par value Issued and outstanding: Nil shares and Nil respectively      
Common Stock Authorized: 100,000,000 shares of common stock, at $0.001 par value Issued and outstanding: 14,691,332 shares and 11,679,757 respectively 14,691us-gaap_CommonStockValue 11,680us-gaap_CommonStockValue
Additional paid-in capital 19,966,771us-gaap_AdditionalPaidInCapital 12,024,711us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive loss (103,832)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (59,795)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Accumulated Deficit (19,509,451)us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage (11,295,922)us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
Total Stockholders' Equity 368,179us-gaap_StockholdersEquity 680,674us-gaap_StockholdersEquity
Total Liabilities and Stockholders' Equity $ 3,433,029us-gaap_LiabilitiesAndStockholdersEquity $ 2,070,759us-gaap_LiabilitiesAndStockholdersEquity