Vaxxinity (VAXX) - Net Assets

Net assets on the balance sheet as of December 2023 : S$18 Million

According to Vaxxinity's latest financial reports the company has S$18 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	$S$83.35 M	-52.06%
2021-12-31	$S$0.17 B	-250.43%
2020-12-31	$-S$0.12 Billion	76.74%
2019-12-31	$-S$65.41 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