Vaxxinity (VAXX) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$23.52 Million

According to Vaxxinity's latest financial reports the company has NZ$23.52 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vaxxinity - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$97.93 M	-47.99%
2021-12-31	$NZ$0.18 B	-255.5%
2020-12-31	$-NZ$0.13 Billion	68.11%
2019-12-31	$-NZ$72.04 Million

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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Vaxxinity (VAXX) - Net assets