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v3.23.3

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Revenues |  |  |  |
Services | $ 37,688 | $ 9,881 | $ 93,207 | $ 80,181
Royalty | 0 | 2,911 | 0 | 2,911
Product | 127,523 | 19,922 | 438,122 | 103,585
Total Revenues | 165,211 | 32,714 | 531,329 | 186,677
Operating Expenses |  |  |  |
Research and development | 4,650,658 | 4,002,212 | 15,007,623 | 11,202,902
General and administrative | 2,599,908 | 2,498,506 | 7,826,568 | 7,855,184
Sales and marketing | 1,567,700 | 1,524,952 | 4,944,259 | 4,897,999
Total Operating Expenses | 8,818,266 | 8,025,670 | 27,778,450 | 23,956,085
Operating Loss | (8,653,055) | (7,992,956) | (27,247,121) | (23,769,408)
Other Income (Expenses) |  |  |  |
Grant income | 48,656 | 171,439 | 214,451 | 564,879
Loss on disposal of fixed assets | (15,913) | 0 | (15,913) | 0
Interest income | 230 | 46,945 | 84,987 | 58,108
Interest expense | (53,980) | (37,699) | (163,623) | (115,860)
Gain on change in fair value of warrant liability | 220,874 | 0 | 249,845 | 0
Total Other Income | 199,867 | 180,685 | 369,747 | 507,127
Net Loss | (8,453,188) | (7,812,271) | (26,877,374) | (23,262,281)
Net Loss Attributable to Non-Controlling Interest | 82,887 | 69,305 | 256,546 | 235,584
Net Loss Attributable to VolitionRx Limited Stockholders | (8,370,301) | (7,742,966) | (26,620,828) | (23,026,697)
Other Comprehensive Income (Loss) |  |  |  |
Foreign currency translation adjustments | 31,291 | 71,027 | 12,525 | 167,220
Net Comprehensive Loss | $ (8,421,897) | $ (7,741,244) | $ (26,864,849) | $ (23,095,061)
Net Loss Per Share - Basic and Diluted Attributable to VolitionRx Limited | $ (0.11) | $ (0.14) | $ (0.39) | $ (0.42)
Weighted Average Shares Outstanding |  |  |  |
- Basic and Diluted | 78,176,859 | 56,120,079 | 68,494,766 | 54,603,929

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