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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 19,743,274 $ 10,867,050
Accounts receivable 196,487 72,609
Prepaid expenses 1,024,728 784,920
Other current assets 542,639 447,566
Total Current Assets 21,507,128 12,172,145
Property and equipment, net 5,455,395 5,393,012
Operating lease right-of-use assets 530,669 619,392
Intangible assets, net 67,722 110,505
Total Assets 27,560,914 18,295,054
Current Liabilities    
Accounts payable 3,492,746 3,043,008
Accrued liabilities 3,391,347 2,872,247
Deferred revenue 10,000,000 10,000,000
Management and directors' fees payable 72,997 71,119
Current portion of long-term debt 1,199,386 1,066,700
Current portion of finance lease liabilities 47,419 46,014
Current portion of operating lease liabilities 218,142 245,163
Current portion of grant repayable 42,558 41,836
Warrant liability 337,989 0
Total Current Liabilities 18,802,584 17,386,087
Long-term debt, net of current portion 2,452,305 2,779,240
Finance lease liabilities, net of current portion 419,804 436,132
Operating lease liabilities, net of current portion 340,314 400,091
Grant repayable, net of current portion 427,732 420,466
Total Long-Term Liabilities 3,640,155 4,035,929
Total Liabilities 22,442,739 21,422,016
Stockholders' Equity (Deficit)    
Common Stock Authorized: 100,000,000 shares of common stock, at $0.001 par value Issued and outstanding: 78,136,364 shares and 57,873,379 shares, respectively 78,137 57,873
Additional paid-in capital 191,065,293 164,397,468
Accumulated other comprehensive income 208,331 227,097
Accumulated deficit (185,507,956) (167,257,429)
Total VolitionRx Limited Stockholders' Equity (Deficit) 5,843,805 (2,574,991)
Non-controlling interest (725,630) (551,971)
Total Stockholders' Equity (Deficit) 5,118,175 (3,126,962)
Total Liabilities and Stockholders' Equity (Deficit) $ 27,560,914 $ 18,295,054