Vaxxinity (VAXX) - Net Assets

Net assets on the balance sheet as of December 2023 : $13.4 Million USD

According to Vaxxinity's latest financial reports the company has $13.4 Million USD 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
2023-12-31	$$13.4 M	-78.43%
2022-12-31	$$62.17 M	-51.66%
2021-12-31	$$0.12 B	-247.2%
2020-12-31	$-$87.38 Million	80.11%
2019-12-31	$-$48.52 Million

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