Intuitive Machines (LUNR)

Net assets on the balance sheet as of June 2024 : -$16.07 M

According to Intuitive Machines's latest financial reports the company has -$16.07 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Intuitive Machines - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-$57.62 M	11.14%
2021-12-31	$-$51.85 M	245.3%
2020-12-31	$-$15.02 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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Intuitive Machines (LUNR) - Net assets