Unusual Machines (UMAC)

Cash on Hand as of December 2024 : $3.75 Million USD

According to Unusual Machines's latest financial reports the company has $3.75 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.

Unusual Machines - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.89 M	-71.13%
2022-12-31	$3.09 M	-18.13%
2021-12-31	$3.78 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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Unusual Machines (UMAC) - Cash on Hand