Guardforce AI (GFAI)

Net assets on the balance sheet as of December 2023 : $25.15 Million USD

According to Guardforce AI's latest financial reports the company has $25.15 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Guardforce AI - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$19.13 M	193.22%
2021-12-31	$$6.52 M	-402.08%
2020-12-31	$-$2.17 Million	-262.79%
2019-12-31	$$1.32 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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Guardforce AI (GFAI) - Net assets