VolitionRx Ltd Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Property and Equipment (Details)

v3.22.4

Property and Equipment (Details) - USD ($)	12 Months Ended
Property and Equipment (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Cost	$ 8,705,875	$ 7,532,896
Accumulated Depreciation	3,312,863	2,621,819
Net Carrying Value	5,393,012	4,911,077
Land [Member]
Cost	128,788	136,518
Accumulated Depreciation	0	0
Net Carrying Value	128,788	136,518
Computer Hardware And Software [Member]
Cost	656,759	599,944
Accumulated Depreciation	497,306	474,169
Net Carrying Value	$ 159,453	$ 125,775
Useful Life	3 years	3 years
Laboratory Equipment [Member]
Cost	$ 4,190,289	$ 3,032,108
Accumulated Depreciation	1,951,387	1,434,347
Net Carrying Value	$ 2,238,902	$ 1,597,761
Useful Life	5 years	5 years
Office Furniture and Equipment [Member]
Cost	$ 358,575	$ 293,427
Accumulated Depreciation	239,436	213,244
Net Carrying Value	$ 119,139	$ 80,183
Useful Life	5 years	5 years
Buildings [Member]
Cost	$ 2,054,332	$ 2,177,641
Accumulated Depreciation	298,397	243,750
Net Carrying Value	$ 1,755,935	$ 1,933,891
Useful Life	30 years	30 years
Building Improvements [Member]
Cost	$ 1,317,132	$ 1,293,258
Accumulated Depreciation	326,337	256,309
Net Carrying Value	$ 990,795	$ 1,036,949
Building Improvements [Member] \| Minimum [Member]
Useful Life	5 years	5 years
Building Improvements [Member] \| Maximum [Member]
Useful Life	15 years	15 years

- Definition

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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