VNRX · Volitionrx Ltd
$0.54
-0.09 (-14.78%)
At close · Aug 14
View the 10-K filed Mar 31, 2026
Going-concern doubt
— flagged Aug 13, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company concluded that these plans do not alleviate the substantial doubt about the Company's ability to continue as a going concern within one year from the date the condensed consolidated financial statements are issued.”View the 10-Q filed Aug 13, 2026
Customer concentration
— top 2 customers 38% of receivables
2 customers — 38% of receivables (December 31, 2025)
“At December 31, 2025 the two largest customer balances represented over 38% of the total outstanding accounts receivable balance.”
Market Cap
$7.34M
Shares
13.65M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Cameron Reynolds | President and Chief Executive Officer | $517,691 |
| Dr. Jason Terrell | Chief Medical Officer | $436,135 |
| David Vanston | Chief Financial Officer and Treasurer | $316,792 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Cameron Reynolds | President and Chief Executive Officer | $659,509 |
| David Vanston | Chief Financial Officer and Treasurer | $423,162 |
| Dr. Jason Terrell | Chief Medical Officer | $392,187 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Dr. Salvatore Thomas Butera | Chief Executive Officer of Volition Veterinary | Terminated | 2025-12-11 |
| Timothy I. Still | Director | Appointed | 2024-11-06 |
| Timothy I. Still | non-executive Chairman | Appointed | 2024-11-06 |
| Dr. Ethel Rubin | Director | Appointed | 2024-09-30 |
| Cameron Reynolds | Director | Appointed | 2024-07-03 |
| Kim Nguyen | Director | Appointed | 2024-07-03 |
| Mickie Henshall | Director | Appointed | 2024-07-03 |
| Guy Innes | Director | Appointed | 2024-07-03 |
| Dr. Alan Colman | Director | Appointed | 2024-07-03 |
| Dr. Phillip Barnes | Director | Appointed | 2024-07-03 |
| Guy Innes | interim Chairman of the Board | Appointed | 2024-04-26 |
| Guy Innes | Chair of the Nominations and Governance Committee | Appointed | 2024-04-26 |
| Martin Faulkes | Board | Retired | 2024-04-26 |
| Edward Futcher | Board | Retired | 2024-04-26 |
| Martin Faulkes | Executive Chairman | Retired | 2024-04-26 |
| Cameron Reynolds | member to the Board of Directors | Appointed | 2023-06-30 |
| Kim Nguyen | member to the Board of Directors | Appointed | 2023-06-30 |
| Guy Innes | member to the Board of Directors | Appointed | 2023-06-30 |
| Dr. Edward Futcher | member to the Board of Directors | Appointed | 2023-06-30 |
| Mickie Henshall | member to the Board of Directors | Appointed | 2023-06-30 |
| Dr. Martin Faulkes | member to the Board of Directors | Appointed | 2023-06-30 |
| Dr. Alan Colman | member to the Board of Directors | Appointed | 2023-06-30 |
| Dr. Phillip Barnes | member to the Board of Directors | Appointed | 2023-06-30 |
| Dr. Jason Terrell | Chief Medical Officer | Resigned | 2022-11-25 |
| Mickie Henshall | Director | Appointed | 2022-08-16 |