Vaxxinity (VAXX) - Net Assets

Net assets on the balance sheet as of December 2023 : C$18.18 M

According to Vaxxinity's latest financial reports the company has C$18.18 M 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	$C$84.37 M	-48.17%
2021-12-31	$C$0.16 B	-246.09%
2020-12-31	$-C$0.12 B	77.17%
2019-12-31	$-C$62.89 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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Vaxxinity (VAXX) - Net assets