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v3.25.3

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Revenues |  |  |  |
Services | $ 88,896 | $ 68,434 | $ 366,150 | $ 155,713
Product | 538,381 | 406,088 | 914,200 | 886,141
Total Revenues | 627,277 | 474,522 | 1,280,350 | 1,041,854
Operating Expenses |  |  |  |
Research and development | 2,285,907 | 3,473,782 | 7,613,228 | 11,819,106
General and administrative | 2,483,793 | 1,815,863 | 7,667,909 | 6,353,647
Sales and marketing | 958,567 | 1,053,584 | 2,919,400 | 4,112,731
Total Operating Expenses | 5,728,267 | 6,343,229 | 18,200,537 | 22,285,484
Operating Loss | (5,100,990) | (5,868,707) | (16,920,187) | (21,243,630)
Other Income (Expenses) |  |  |  |
Grant income | 232,184 | 85,378 | 429,411 | 85,378
Gain (Loss) on disposal of fixed assets | 0 | (1,195) | 330 | (34,693)
Interest income | 160 | 530 | 478 | 9,634
Interest expense | (143,800) | (89,456) | (363,825) | (247,871)
Amortization of debt discount | (729,630) | 0 | (1,054,935) | 0
Gain on change in fair value of derivative liability | 304,443 | 0 | 723,124 | 0
Gain (loss) on change in fair value of warrant liability | 27,842 | 4,872 | (14,884) | 30,424
Total Other Income (Expenses) | (308,801) | 129 | (280,301) | (157,128)
Net Loss | (5,409,791) | (5,868,578) | (17,200,488) | (21,400,758)
Net Loss Attributable to Non-Controlling Interest | (31,433) | (47,049) | (114,293) | (226,295)
Net Loss Attributable to VolitionRx Limited Stockholders | (5,378,358) | (5,821,529) | (17,086,195) | (21,174,463)
Other Comprehensive Income (Loss) |  |  |  |
Foreign currency translation adjustments | 22,348 | (141,980) | (807,577) | (103,668)
Net Comprehensive Loss | $ (5,387,443) | $ (6,010,558) | $ (18,008,065) | $ (21,504,426)
Net Loss Per Share - Basic and Diluted Attributable to VolitionRx Limited stockholders | $ (0.05) | $ (0.07) | $ (0.17) | $ (0.25)
Weighted Average Shares Outstanding |  |  |  |
- Basic and Diluted | 108,213,068 | 87,886,012 | 102,115,278 | 84,165,579

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