NRx Pharmaceuticals (NRXP)

Net assets on the balance sheet as of June 2024 : -A$28.46 Million

According to NRx Pharmaceuticals's latest financial reports the company has -A$28.46 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NRx Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$10.88 M	-62.06%
2021-12-31	$A$28.69 M	-150.42%
2020-12-31	$-A$56.93 Million

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The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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NRx Pharmaceuticals (NRXP) - Net assets