Palladyne AI (PDYN) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$50.8 Million

According to Palladyne AI's latest financial reports the company has NZ$50.8 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Palladyne AI - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$64.68 M	-71.57%
2022-12-31	$NZ$0.22 B	-27.37%
2021-12-31	$NZ$0.31 B	586.91%
2020-12-31	$NZ$45.6 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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Palladyne AI (PDYN) - Net assets