XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)        
Services $ 161,778 $ 116,090 $ 277,254 $ 155,866
Product 244,910 279,707 375,819 411,466
Total Revenues 406,688 395,797 653,073 567,332
Operating Expenses        
Research and development 2,720,207 3,715,797 5,327,321 8,345,324
General and administrative 2,940,754 2,284,041 5,184,116 4,537,784
Sales and marketing 1,043,534 1,386,378 1,960,833 3,059,147
Total Operating Expenses 6,704,495 7,386,216 12,472,270 15,942,255
Operating Loss (6,297,807) (6,990,419) (11,819,197) (15,374,923)
Other Income (Expenses)        
Grant income 75,991 0 197,227 0
Gain (Loss) on disposal of fixed assets 330 (33,498) 330 (33,498)
Interest income 160 450 318 9,104
Interest expense (123,356) (81,182) (220,025) (158,415)
Amortization of debt discount (325,305) 0 (325,305) 0
Gain on change in fair value of derivative liability 418,681 0 418,681 0
Gain (loss) on change in fair value of warrant liability (62,764) 44,474 (42,726) 25,552
Total Other Income (Expenses) (16,263) (69,756) 28,500 (157,257)
Net Loss (6,314,070) (7,060,175) (11,790,697) (15,532,180)
Net Loss Attributable to Non-Controlling Interest 29,992 74,629 82,860 179,246
Net Loss Attributable to VolitionRx Limited Stockholders (6,284,078) (6,985,546) (11,707,837) (15,352,934)
Other Comprehensive Income (Loss)        
Foreign currency translation adjustments (575,996) 23,024 (829,925) 38,312
Net Comprehensive Loss $ (6,890,066) $ (7,037,151) $ (12,620,622) $ (15,493,868)
Net Loss Per Share - Basic and Diluted Attributable to VolitionRx Limited stockholders $ (0.06) $ (0.08) $ (0.12) $ (0.19)
Weighted Average Shares Outstanding- Basic and Diluted 102,654,095 82,669,335 99,611,974 82,312,161