VNRX: the cash flow

MyFinsight

The latest financial statement is for the year ending 2025-12-31.

Cash Flow	2025-12-31
Net loss	-23,503,329
Depreciation and amortization	983,706
Amortization of operating lease right-of-use assets	232,695
Amortization of debt discount	1,957,147
(gain) / loss on disposal of fixed assets	1,829
Stock based compensation	1,739,711
Gain on change in derivative liability	128,729
Gain on change in fair value of warrant liability	76,908
Accounts receivable	207,234
Prepaid expenses	95,020
Other current assets	-150,736
Accounts payable and accrued liabilities	77,977
Deferred revenue	-601,092
Management and directors' fees payable	50,853
Operating lease liabilities	-262,018
Net cash used in operating activities	-19,683,334
Purchases of property and equipment	89,558
Purchase of license	0
Net cash used in investing activities	-89,558
Net proceeds from issuance of common shares	11,170,410
Tax withholdings paid related to stock-based compensation	210,034
Proceeds from grants repayable	111,043
Proceeds from long-term debt	1,980,178
Net proceeds from issuance of convertible note and warrants	5,802,779
Payments on long-term debt	877,550
Payments on convertible loan note	833,334
Payments on grants repayable	0
Payments on financing leases	50,634
Net cash provided by financing activities	17,092,858
Effect of foreign exchange on cash and cash equivalents	532,633
Net change in cash and cash equivalents	-2,147,401
Cash and cash equivalents - beginning of year	3,264,429
Cash and cash equivalents - end of year	1,117,028

Unit: Dollar.