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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 5,414,146 $ 20,729,983
Accounts receivable 312,611 242,617
Prepaid expenses 689,995 521,370
Other current assets 384,189 360,125
Total Current Assets 6,800,941 21,854,095
Property and equipment, net 4,908,148 5,523,013
Operating lease right-of-use assets 635,857 549,504
Intangible assets, net 335,309 23,886
Total Assets 12,680,255 27,950,498
Current Liabilities    
Accounts payable 2,485,077 3,211,287
Accrued liabilities 3,480,207 3,928,761
Deferred revenue 22,893,400 23,000,000
Management and directors' fees payable 24,851 59,625
Current portion of long-term debt 965,021 1,207,007
Current portion of finance lease liabilities 49,990 48,570
Current portion of operating lease liabilities 219,060 199,323
Current portion of grant repayable 65,646 55,855
Warrant liability 96,225 126,649
Total Current Liabilities 30,279,477 31,837,077
Long-term debt, net of current portion 3,837,950 3,624,860
Finance lease liabilities, net of current portion 366,175 400,022
Operating lease liabilities, net of current portion 448,045 378,054
Grant repayable, net of current portion 388,898 422,707
Total Long-Term Liabilities 5,041,068 4,825,643
Total Liabilities 35,320,545 36,662,720
Stockholders' Deficit    
Common Stock Authorized: 175,000,000 shares of common stock, at $0.001 par value per shareIssued and outstanding: 92,392,570 shares and 81,898,321 shares, respectively 92,393 81,898
Additional paid-in capital 202,014,277 194,448,414
Accumulated other comprehensive income 140,272 243,940
Accumulated deficit (223,750,970) (202,576,507)
Total VolitionRx limited Stockholders' Deficit (21,504,028) (7,802,255)
Non-controlling interest (1,136,262) (909,967)
Total Stockholders' Deficit (22,640,290) (8,712,222)
Total Liabilities and Stockholders' Deficit $ 12,680,255 $ 27,950,498