2023 Q2 Form 10-Q Financial Statement

#000147793223003240 Filed on May 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
Revenue $216.3K $149.8K $119.7K
YoY Change 444.15% 31.17% 740.73%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $4.314M $4.289M $4.186M
YoY Change -11.23% 5.7% -19.4%
% of Gross Profit
Research & Development $5.451M $4.906M $3.637M
YoY Change 66.23% 42.46% 8.1%
% of Gross Profit
Depreciation & Amortization $288.3K $250.9K $249.0K
YoY Change 27.91% 23.93% 5.11%
% of Gross Profit
Operating Expenses $9.765M $9.195M $8.130M
YoY Change 19.98% 18.02% -7.6%
Operating Profit -$9.549M -$9.045M
YoY Change 17.9% 17.82%
Interest Expense -$31.21K $6.330K $9.930K
YoY Change 20.18% -84.57% -128.42%
% of Operating Profit
Other Income/Expense, Net -$2.241K $172.1K $664.6K
YoY Change -100.57% -519.5% -6.63%
Pretax Income -$9.551M -$8.873M -$7.336M
YoY Change 23.53% 14.96% -9.52%
Income Tax
% Of Pretax Income
Net Earnings -$9.551M -$8.780M -$7.242M
YoY Change 23.53% 13.75% -9.87%
Net Earnings / Revenue -4415.55% -5860.53% -6049.2%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.14 -$0.15 -$0.13
COMMON SHARES
Basic Shares Outstanding 63.18M shares 63.10M shares 57.52M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.74M $10.01M $10.87M
YoY Change 18.01% -57.82% -47.2%
Cash & Equivalents $19.74M $10.01M $10.87M
Short-Term Investments
Other Short-Term Assets $542.6K $716.9K $447.6K
YoY Change -44.29% -66.69% -43.1%
Inventory
Prepaid Expenses $1.025M $1.111M $784.9K
Receivables $196.5K $118.6K $72.61K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $21.51M $11.96M $12.17M
YoY Change 15.33% -53.93% -44.62%
LONG-TERM ASSETS
Property, Plant & Equipment $5.455M $5.402M $5.393M
YoY Change 13.47% 14.42% 9.81%
Goodwill
YoY Change
Intangibles $67.72K $90.83K $110.5K
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $6.054M $6.086M $6.123M
YoY Change 6.24% 6.27% 11.09%
TOTAL ASSETS
Total Short-Term Assets $21.51M $11.96M $12.17M
Total Long-Term Assets $6.054M $6.086M $6.123M
Total Assets $27.56M $18.04M $18.30M
YoY Change 13.2% -43.05% -33.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.493M $2.989M $3.043M
YoY Change 34.22% 35.56% 97.28%
Accrued Expenses $3.391M $2.719M $2.872M
YoY Change 4.77% -28.21% -24.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.199M $1.121M $1.067M
YoY Change 10.53% -21.16% 33.7%
Total Short-Term Liabilities $18.80M $17.24M $17.39M
YoY Change 8.37% -1.57% 166.83%
LONG-TERM LIABILITIES
Long-Term Debt $2.452M $2.549M $2.779M
YoY Change 40.68% -7.83% 22.39%
Other Long-Term Liabilities $340.3K $381.7K $400.1K
YoY Change -34.49% -35.78% 84.11%
Total Long-Term Liabilities $2.452M $2.549M $2.779M
YoY Change 40.68% -24.13% 22.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.80M $17.24M $17.39M
Total Long-Term Liabilities $2.452M $2.549M $2.779M
Total Liabilities $22.44M $21.02M $21.42M
YoY Change 10.73% 2.23% 119.3%
SHAREHOLDERS EQUITY
Retained Earnings -$185.5M -$176.0M -$167.3M
YoY Change 21.83% 22.1%
Common Stock $78.14K $63.11K $57.87K
YoY Change 45.11% 7.63%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.844M -$2.336M -$3.127M
YoY Change
Total Liabilities & Shareholders Equity $27.56M $18.04M $18.30M
YoY Change 13.2% -43.05% -33.45%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income -$9.551M -$8.780M -$7.242M
YoY Change 23.53% 13.75% -9.87%
Depreciation, Depletion And Amortization $288.3K $250.9K $249.0K
YoY Change 27.91% 23.93% 5.11%
Cash From Operating Activities -$7.348M -$8.745M -$5.183M
YoY Change 17.27% -392.48% 17.55%
INVESTING ACTIVITIES
Capital Expenditures $301.4K $200.6K $578.7K
YoY Change -155.68% 60.93% -550.14%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$301.4K -$200.6K -$578.7K
YoY Change -44.32% 60.93% 350.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $223.3K
YoY Change -10.92%
Cash From Financing Activities 17.34M $8.147M 305.4K
YoY Change -3867.97% 2124.85% -85.44%
NET CHANGE
Cash From Operating Activities -7.348M -$8.745M -5.183M
Cash From Investing Activities -301.4K -$200.6K -578.7K
Cash From Financing Activities 17.34M $8.147M 305.4K
Net Change In Cash 9.691M -$856.2K -5.456M
YoY Change -233.36% -127.17% 123.58%
FREE CASH FLOW
Cash From Operating Activities -$7.348M -$8.745M -$5.183M
Capital Expenditures $301.4K $200.6K $578.7K
Free Cash Flow -$7.649M -$8.945M -$5.762M
YoY Change 33.63% -412.21% 34.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 us-gaap Revenues
Revenues
149808 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4905678 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3590053 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2602152 usd
CY2023Q1 vnrx Current Portion Of Grant Repayable
CurrentPortionOfGrantRepayable
42382 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
17237912 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2549116 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
429977 usd
CY2023Q1 vnrx Grant Repayable Net Of Current Portion
GrantRepayableNetOfCurrentPortion
425951 usd
CY2023Q1 us-gaap Liabilities
Liabilities
21024678 usd
CY2022Q4 vnrx Grant Repayable Net Of Current Portion
GrantRepayableNetOfCurrentPortion
420466 usd
CY2022Q4 us-gaap Liabilities
Liabilities
21422016 usd
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
63111766 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
57873379 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-8779548 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
224310 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
62585 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
65361 usd
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000093314
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
63111766 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
57873379 shares
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
223340 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
250711 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
11445 usd
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
13133 usd
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
001-36833
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
VOLITIONRX LIMITED
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
91-1949078
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
1489 West Warm Springs Road
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 110
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Henderson
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NV
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
89014
CY2023Q1 dei City Area Code
CityAreaCode
646
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
650–1351
CY2023Q1 dei Security12b Title
Security12bTitle
Common Stock, par value $0.001 per share
CY2023Q1 dei Trading Symbol
TradingSymbol
VNRX
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSEAMER
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
63179837 shares
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
381722 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
400091 usd
CY2023Q1 vnrx Service Revenue
ServiceRevenue
5356 usd
CY2022Q1 vnrx Service Revenue
ServiceRevenue
60254 usd
CY2023Q1 vnrx Product Revenue
ProductRevenue
144452 usd
CY2022Q1 vnrx Product Revenue
ProductRevenue
53957 usd
CY2022Q1 us-gaap Revenues
Revenues
114211 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2581703 usd
CY2023Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1707457 usd
CY2022Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1598983 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
9194838 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
7791188 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-9045030 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-7676977 usd
CY2023Q1 vnrx Income From Grants
IncomeFromGrants
165795 usd
CY2022Q1 vnrx Income From Grants
IncomeFromGrants
0 usd
CY2023Q1 us-gaap Interest Income Other
InterestIncomeOther
57648 usd
CY2022Q1 us-gaap Interest Income Other
InterestIncomeOther
2 usd
CY2023Q1 us-gaap Interest Expense Other
InterestExpenseOther
51322 usd
CY2022Q1 us-gaap Interest Expense Other
InterestExpenseOther
41032 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
172121 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-41030 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-8872909 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-7718007 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-93361 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-83977 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-7634030 usd
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-56478 usd
CY2022Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-117904 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-8929387 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7835911 usd
CY2023Q1 vnrx Net Loss Per Share Basic And Diluted Attributable To Volitionrx Limited
NetLossPerShareBasicAndDilutedAttributableToVolitionrxLimited
-0.15
CY2022Q1 vnrx Net Loss Per Share Basic And Diluted Attributable To Volitionrx Limited
NetLossPerShareBasicAndDilutedAttributableToVolitionrxLimited
-0.14
CY2023Q1 vnrx Weighted Average Number Of Common Share Outstanding Basic And Diluted
WeightedAverageNumberOfCommonShareOutstandingBasicAndDiluted
60176975 shares
CY2022Q1 vnrx Weighted Average Number Of Common Share Outstanding Basic And Diluted
WeightedAverageNumberOfCommonShareOutstandingBasicAndDiluted
53775096 shares
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
8427654 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
693657 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-8872909 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
17722105 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
9467 usd
CY2022Q1 vnrx Common Stock Issued For Settlement Of Rsu S Amount
CommonStockIssuedForSettlementOfRsuSAmount
0 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
915031 usd
CY2022Q1 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-117904 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-7718007 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10810692 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-8872909 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-7718007 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
271990 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
693657 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
915031 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
253447 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
664782 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
118592 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
59861 usd
CY2023Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
269344 usd
CY2022Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
102185 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
10000000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-206562 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
981786 usd
CY2023Q1 vnrx Increase Decrease In Management And Directors Fees Payable
IncreaseDecreaseInManagementAndDirectorsFeesPayable
9019 usd
CY2022Q1 vnrx Increase Decrease In Management And Directors Fees Payable
IncreaseDecreaseInManagementAndDirectorsFeesPayable
25750 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-61141 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-57008 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8744744 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3610395 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
200592 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
124648 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-200592 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-124648 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8427655 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9467 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14336 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31772 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8146762 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-57598 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-80304 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-856172 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3151066 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10867050 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20581313 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10010878 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23732379 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
51322 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
41009 usd
CY2023Q1 vnrx Common Stock Issued On Cashless Exercises Of Stock Options And Warrants
CommonStockIssuedOnCashlessExercisesOfStockOptionsAndWarrants
27 usd
CY2022Q1 vnrx Common Stock Issued On Cashless Exercises Of Stock Options And Warrants
CommonStockIssuedOnCashlessExercisesOfStockOptionsAndWarrants
15 usd
CY2023Q1 vnrx Offering Costs From Issuance Of Common Stock
OfferingCostsFromIssuanceOfCommonStock
195892 usd
CY2022Q1 vnrx Offering Costs From Issuance Of Common Stock
OfferingCostsFromIssuanceOfCommonStock
0 usd
CY2023Q1 vnrx Non Cash Note Payable
NonCashNotePayable
356258 usd
CY2022Q1 vnrx Non Cash Note Payable
NonCashNotePayable
620549 usd
CY2023Q1 vnrx Amount Held In Money Market Account
AmountHeldInMoneyMarketAccount
3300000 usd
CY2023Q1 vnrx Covid19 Pandemic Impact Policy Textblock
COVID19PandemicImpactPolicyTextblock
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">As of the date of this filing, global economies continue to experience volatility in the wake of the COVID-19 pandemic. As a result of the pandemic, the Company previously experienced disruptions to its clinical trials, including patient enrollment and sample collection delays.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">Although the Company has taken steps to mitigate the impacts of the COVID-19 pandemic and the related developments, the extent to which the pandemic may impact its business, financial condition, and results of operations in future periods is uncertain and will be affected by a number of factors outside of the Company’s control.</p>
CY2023Q1 vnrx Common Stock Share Authorized
CommonStockShareAuthorized
100000000 shares
CY2023Q1 vnrx Common Stock Price Per Sahres
CommonStockPricePerSahres
0.001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
63111766 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
57873379 shares
CY2023Q1 vnrx Common Stock Shares Expired
CommonStockSharesExpired
125000 shares
CY2023Q1 vnrx Weighted Average Remaining Contractual Life
WeightedAverageRemainingContractualLife
P3Y11M1D
CY2023Q1 vnrx Compensation Expense Rsus
CompensationExpenseRsus
112325 shares
CY2023Q1 vnrx Rsu Expense
RsuExpense
193199 usd
CY2023Q1 vnrx Equity Incentive Rsu
EquityIncentiveRsu
34000 shares
CY2023Q1 vnrx Incentive Rsu Issued
IncentiveRsuIssued
26978 shares
CY2023Q1 vnrx Rsus Held For Taxes
RsusHeldForTaxes
7022 usd
CY2023Q1 vnrx Operating Leases Future Minimum Payment Due Current
OperatingLeasesFutureMinimumPaymentDueCurrent
27794 usd
CY2023Q1 vnrx Operating Leases Future Minimum Payment Due In Two Years
OperatingLeasesFutureMinimumPaymentDueInTwoYears
4055 usd
CY2023Q1 vnrx Operating Leases Future Minimum Lease Payment Due
OperatingLeasesFutureMinimumLeasePaymentDue
31849 usd
CY2023Q1 vnrx Grant Repyable
GrantRepyable
468333 usd
CY2023Q1 vnrx Long Term Debt Payable
LongTermDebtPayable
3670185 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
986465 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1153075 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
713500 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
486624 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
285276 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
452628 usd
CY2023Q1 vnrx Long Term Debt Due
LongTermDebtDue
4077568 usd
CY2023Q1 vnrx Long Term Debt Less Amount Representing Interest
LongTermDebtLessAmountRepresentingInterest
-407383 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
3670185 usd
CY2023Q1 vnrx Payments For Future Research And Collobration
PaymentsForFutureResearchAndCollobration
959406 usd
CY2023Q1 vnrx Future Minimum Collaborative Agreement Obligations Of Fiscal Year
FutureMinimumCollaborativeAgreementObligationsOfFiscalYear
877633 usd
CY2023Q1 vnrx Future Minimum Collaborative Agreement Obligations Of Fiscal Year One To Five
FutureMinimumCollaborativeAgreementObligationsOfFiscalYearOneToFive
81773 usd
CY2023Q1 vnrx Collaborative Agreement Obligations
CollaborativeAgreementObligations
959406 usd
CY2020Q4 vnrx Aggerate Amount Payable Description
AggerateAmountPayableDescription
under the agreement will be completed by the end of the third quarter 2023 at a total cost to the Company of up to $4.2 million
CY2023Q1 vnrx Amount Repayable
AmountRepayable
143550 usd
CY2023Q1 vnrx Payable By Company For Services Rendered
PayableByCompanyForServicesRendered
2173569 usd
CY2023Q1 vnrx First Insurance Funding Amount
FirstInsuranceFundingAmount
356258 usd
CY2023Q1 vnrx Fixed Interest Rate
FixedInterestRate
0.0742 pure
CY2023Q1 vnrx Line Of Credit Facility Expiration Dates One
LineOfCreditFacilityExpirationDatesOne
November 2023
CY2023Q1 vnrx Insurance Principal Balance Payable
InsurancePrincipalBalancePayable
316673 usd
CY2023Q1 vnrx Stock Option Granted Shares
StockOptionGrantedShares
1000000 shares
CY2023Q1 vnrx Restricted Stock Option Granted Shares
RestrictedStockOptionGrantedShares
500000 shares
CY2023Q1 vnrx Accrued Compensation Expense
AccruedCompensationExpense
726048 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
494485 usd
CY2023Q1 vnrx Amortised Of Outstanding Award Amount One
AmortisedOfOutstandingAwardAmountOne
248624 usd
CY2023Q1 vnrx Amortised Of Outstanding Award Amount
AmortisedOfOutstandingAwardAmount
245861 usd
CY2023Q1 vnrx Un Amortised Of Outstanding Award
UnAmortisedOfOutstandingAward
1159695 usd

Files In Submission

Name View Source Status
vnrx-20230331_cal.xml Edgar Link unprocessable
vnrx-20230331_lab.xml Edgar Link unprocessable
0001477932-23-003240-index-headers.html Edgar Link pending
0001477932-23-003240-index.html Edgar Link pending
0001477932-23-003240.txt Edgar Link pending
0001477932-23-003240-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vnrx-20230331.xsd Edgar Link pending
vnrx_10q.htm Edgar Link pending
vnrx-20230331_def.xml Edgar Link unprocessable
vnrx-20230331_pre.xml Edgar Link unprocessable
vnrx_ex311.htm Edgar Link pending
vnrx_ex312.htm Edgar Link pending
vnrx_ex321.htm Edgar Link pending
vnrx_10q_htm.xml Edgar Link completed