NRx Pharmaceuticals (NRXP)

Net assets on the balance sheet as of September 2024 : -C$27.1 Million

According to NRx Pharmaceuticals's latest financial reports the company has -C$27.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NRx Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$10.05 M	-62.08%
2021-12-31	$C$26.51 M	-147.51%
2020-12-31	$-C$55.82 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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NRx Pharmaceuticals (NRXP) - Net assets