Lyra Therapeutics (LYRA)

Cash on Hand as of September 2024 : $51.62 Million USD

According to Lyra Therapeutics's latest financial reports the company has $51.62 Million USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Lyra Therapeutics - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$97.89 M	113.99%
2021-12-31	$45.74 M	-38.67%
2020-12-31	$74.59 M	660.53%
2019-12-31	$9.8 M	-58.94%
2018-12-31	$23.88 M

What is the market capitalization of a company?

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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Lyra Therapeutics (LYRA) - Cash on Hand