Atlis Motor Vehicles (AMV) - Net assets

Net assets on the balance sheet as of December 2022 : -$9.05 Million USD

According to Atlis Motor Vehicles's latest financial reports the company has -$9.05 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Atlis Motor Vehicles - Net assets on balance sheet (from 2021 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$-$9.05 Million	-338.01%
2021-12-31	$$3.8 M	-563.75%
2020-12-31	$-$0.82 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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