VolitionRx Limited (VNRX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 4.52M | 2.06M | 1.33M | 3.26M | 3.29M | 4.06M | 6.8M | 7.35M | 13.47M | 21.85M | 12.2M | 21.51M | 11.96M | 12.17M | 17.67M | 18.65M | 25.96M | 21.98M | 24.42M | 29.39M |
| Cash & Short-Term Investments | 3.1M | 1.12M | 199.41K | 2.26M | 2.6M | 3.26M | 5.41M | 6M | 11.77M | 20.73M | 10.81M | 19.74M | 10.01M | 10.87M | 16.42M | 16.73M | 23.73M | 20.58M | 22.9M | 27.91M |
| Cash Only | 3.1M | 1.12M | 199.41K | 2.26M | 2.6M | 3.26M | 5.41M | 6M | 11.77M | 20.73M | 10.81M | 19.74M | 10.01M | 10.87M | 16.42M | 16.73M | 23.73M | 20.58M | 22.9M | 27.91M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 252.24K | 317.81K | 309.08K | 189.6K | 187.83K | 110.57K | 312.61K | 166.26K | 133.5K | 242.62K | 34.44K | 196.49K | 118.59K | 72.61K | 5.49K | 8.49K | 72.37K | 12.51K | 19.57K | 15.83K |
| Days Sales Outstanding | 26.04 | 64.51 | 36.57 | 42.23 | 54.5 | 101.57 | 46.42 | 34.46 | 99.77 | 52.24 | 64.3 | 66.28 | 57.43 | 30.01 | 19.66 | 92.55 | 33.44 | 103.62 | 63.9 | 55.21 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 860.78K | 1.02M | 0 | 0 | 0 | 0 | 1.26M | 598.37K | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 291.19K | 626.09K | 363.51K | 343.25K | 255.77K | 343.14K | 384.19K | 350.93K | 470.1K | 360.13K | 493.35K | 542.64K | 716.91K | 447.57K | 426.23K | 973.98K | 888.83K | 786.64K | 598.44K | 527.83K |
| Total Non-Current Assets | 4.52M | 4.84M | 5.12M | 5.44M | 5.23M | 5.34M | 5.88M | 5.72M | 5.96M | 6.1M | 5.84M | 6.05M | 6.09M | 6.12M | 5.67M | 5.7M | 5.73M | 5.51M | 5.59M | 5.85M |
| Property, Plant & Equipment | 4.2M | 4.52M | 4.82M | 5.14M | 4.91M | 5.03M | 5.54M | 5.39M | 5.75M | 6.07M | 5.8M | 5.99M | 6M | 6.01M | 5.54M | 5.55M | 5.55M | 5.29M | 5.34M | 5.59M |
| Fixed Asset Turnover | 0.23x | 0.10x | 0.13x | 0.08x | 0.05x | 0.04x | 0.09x | 0.07x | 0.03x | 0.04x | 0.03x | 0.04x | 0.02x | 0.02x | 0.01x | 0.01x | 0.02x | 0.00x | 0.00x | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 318.9K | 316.7K | 301.03K | 306.38K | 317.13K | 313.75K | 335.31K | 332.22K | 215.13K | 23.89K | 48.28K | 67.72K | 90.83K | 110.5K | 129.6K | 151.31K | 175.39K | 216.88K | 240.95K | 266.59K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 9.04M | 6.9M | 6.45M | 8.7M | 8.52M | 9.4M | 12.68M | 13.07M | 19.43M | 27.95M | 18.04M | 27.56M | 18.04M | 18.3M | 23.34M | 24.35M | 31.68M | 27.49M | 30M | 35.24M |
| Asset Turnover | 0.12x | 0.07x | 0.08x | 0.05x | 0.03x | 0.02x | 0.04x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Asset Growth % | 6.06% | -26.58% | -49.14% | -33.39% | -56.16% | -66.37% | -29.71% | -52.58% | 7.71% | 52.78% | -22.71% | 13.2% | -43.05% | -33.45% | -22.2% | -30.92% | -21.79% | 5.12% | 15.01% | 34.28% |
| Total Current Liabilities | 13.85M | 12.23M | 11.42M | 9.24M | 8.27M | 7.79M | 30.28M | 30.98M | 31.49M | 31.84M | 17.65M | 18.8M | 17.24M | 17.39M | 16.98M | 17.35M | 17.51M | 6.52M | 5.85M | 5.4M |
| Accounts Payable | 3.72M | 2.92M | 3.11M | 2.35M | 3.01M | 2.77M | 2.49M | 3.35M | 3.53M | 3.21M | 3.06M | 3.49M | 2.99M | 3.04M | 2.47M | 2.6M | 2.21M | 1.54M | 1.18M | 1.08M |
| Days Payables Outstanding | 1.17K | - | - | - | - | - | - | - | - | 794.87 | - | - | - | 823.47 | - | - | - | - | - | - |
| Short-Term Debt | 4.26M | 3.31M | 2.44M | 1.18M | 862.48K | 860.22K | 965.02K | 1.04M | 1.15M | 1.21M | 1.5M | 1.46M | 1.12M | 1.07M | 1.34M | 1.09M | 1.63M | 797.86K | 759.51K | 822.37K |
| Deferred Revenue (Current) | 353.85K | 353.85K | 354K | 122.44K | 230K | 230K | 22.89M | 22.94M | 23M | 23M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 12.51K | 34.73K | 35.55K |
| Other Current Liabilities | 1.34M | 5.15M | 432.12K | 764.4K | 77.85K | 97.89K | 96.22K | 101.1K | 145.57K | 126.65K | -123.94K | 72.43K | 0 | 0 | -273.85K | 0 | -295.71K | 0 | -34.73K | -35.55K |
| Current Ratio | 0.33x | 0.17x | 0.12x | 0.35x | 0.40x | 0.52x | 0.22x | 0.24x | 0.43x | 0.69x | 0.69x | 1.14x | 0.69x | 0.70x | 1.04x | 1.07x | 1.48x | 3.37x | 4.17x | 5.44x |
| Quick Ratio | 0.33x | 0.17x | 0.12x | 0.35x | 0.40x | 0.52x | 0.22x | 0.24x | 0.43x | 0.69x | 0.64x | 1.09x | 0.69x | 0.70x | 1.04x | 1.07x | 1.41x | 3.28x | 4.17x | 5.44x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 28.55M | 30.26M | 30.98M | 32.56M | 29.27M | 27.72M | 5.04M | 4.99M | 4.56M | 4.83M | 3.24M | 3.64M | 3.79M | 4.04M | 3.52M | 2.92M | 3.36M | 3.25M | 2.97M | 3.22M |
| Long-Term Debt | 6.35M | 7.26M | 7.82M | 8.69M | 5.53M | 3.95M | 3.84M | 3.87M | 3.37M | 3.62M | 2.81M | 3.21M | 2.55M | 2.78M | 3.13M | 1.74M | 2.03M | 2.27M | 2.03M | 2.22M |
| Capital Lease Obligations | 507.04K | 594.42K | 682.76K | 763.31K | 700.19K | 739.02K | 814.22K | 714.74K | 776.04K | 778.08K | 719.35K | 760.12K | 811.7K | 836.22K | 857.67K | 967.37K | 1.08M | 728.39K | 676.3K | 723.42K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 464.93K | 473.65K | 442.49K | 443.91K | 377.66K | 361.24K | 388.9K | 409.94K | 413.97K | 422.71K | -286.86K | -332.39K | 425.95K | 420.47K | -466.96K | 206.78K | 246.97K | 253.22K | 0 | 0 |
| Total Liabilities | 42.4M | 42.49M | 42.4M | 41.8M | 37.55M | 35.51M | 35.32M | 35.97M | 36.05M | 36.66M | 20.89M | 22.44M | 21.02M | 21.42M | 20.5M | 20.27M | 20.87M | 9.77M | 8.82M | 8.61M |
| Total Debt | 11.42M | 11.46M | 11.26M | 10.94M | 7.37M | 5.82M | 5.89M | 5.86M | 5.55M | 5.86M | 5.27M | 5.7M | 4.77M | 4.97M | 5.6M | 4.08M | 5.04M | 4.02M | 3.64M | 3.98M |
| Net Debt | 8.32M | 10.35M | 11.06M | 8.69M | 4.77M | 2.56M | 472.1K | -137.88K | -6.22M | -14.87M | -5.54M | -14.04M | -5.24M | -5.89M | -10.81M | -12.65M | -18.69M | -16.56M | -19.26M | -23.93M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | 1.11x | - | - | 1.97x | 1.00x | 0.47x | 0.23x | 0.17x | 0.15x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -9.29x | -4.89x | -5.19x | -13.07x | -55.65x | -62.33x | -64.60x | -85.97x | -108.69x | -150.72x | -155.60x | -162.77x | -171.89x | -127.19x | -206.23x | -207.25x | -187.10x | -249.81x | -184.25x | -139.46x |
| Total Equity | -33.36M | -35.59M | -35.95M | -33.1M | -29.03M | -26.11M | -22.64M | -22.9M | -16.62M | -8.71M | -2.85M | 5.12M | -2.98M | -3.13M | 2.84M | 4.08M | 10.81M | 17.72M | 21.18M | 26.63M |
| Equity Growth % | -14.93% | -36.33% | -58.79% | -44.55% | -74.65% | -199.67% | -694.03% | -547.38% | -457.51% | -178.62% | -200.4% | 25.47% | -127.58% | -117.64% | -86.59% | -84.68% | -65.31% | 8.77% | 11.7% | 42.68% |
| Book Value per Share | -4.85 | -6.66 | -6.64 | -6.45 | -6.01 | -6.03 | -5.15 | -5.54 | -4.06 | -2.15 | -0.73 | 1.53 | -0.99 | -1.08 | 1.01 | 1.52 | 4.02 | 6.67 | 7.97 | 10.06 |
| Total Shareholders' Equity | -31.97M | -34.25M | -34.64M | -31.82M | -27.77M | -24.91M | -21.5M | -21.81M | -15.61M | -7.8M | -2.04M | 5.84M | -2.34M | -2.57M | 3.3M | 4.47M | 11.12M | 17.94M | 21.33M | 26.73M |
| Common Stock | 7.93K | 125.78K | 109.62K | 103.98K | 100.75K | 96.1K | 92.39K | 82.93K | 82.11K | 81.9K | 78.34K | 78.14K | 63.11K | 57.87K | 57.5K | 53.85K | 53.79K | 53.77K | 53.22K | 53.14K |
| Retained Earnings | -259.57M | -252.9M | -246.63M | -241.25M | -234.97M | -229.54M | -223.75M | -217.93M | -210.94M | -202.58M | -193.88M | -185.51M | -176.04M | -167.26M | -160.02M | -152.27M | -144.62M | -136.99M | -128.95M | -121.82M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -160.76K | -295.07K | -421.95K | -444.29K | 131.7K | 385.63K | 140.27K | 282.25K | 258.97K | 243.94K | 239.62K | 208.33K | 170.62K | 227.1K | 315.55K | 244.52K | 30.42K | 148.33K | 8.73K | 29.61K |
| Minority Interest | -1.39M | -1.35M | -1.31M | -1.28M | -1.25M | -1.2M | -1.14M | -1.09M | -1.01M | -909.97K | -808.52K | -725.63K | -645.33K | -551.97K | -457.88K | -388.57K | -306.27K | -222.29K | -149.21K | -104.14K |