Sonendo (SONX) - Net Assets

Net assets on the balance sheet as of September 2024 : $10.96 Million USD

According to Sonendo's latest financial reports the company has $10.96 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$28.41 M	-65.32%
2022-12-31	$$81.95 M	13.73%
2021-12-31	$$72.06 M	-128.38%
2020-12-31	$-$0.26 Billion	21.53%
2019-12-31	$-$0.21 Billion

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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Sonendo (SONX) - Net assets