Tempest Therapeutics (TPST)

Net assets on the balance sheet as of June 2024 : $16.93 Million USD

According to Tempest Therapeutics's latest financial reports the company has $16.93 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tempest Therapeutics - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$18.11 M	-49.85%
2021-12-31	$$36.11 M	-152.5%
2020-12-31	$-$68.8 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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Tempest Therapeutics (TPST) - Net assets