PaxMedica (PXMD) - Net Assets

Net assets on the balance sheet as of June 2024 : -$1.81 Million USD

According to PaxMedica's latest financial reports the company has -$1.81 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$3.38 M	3011.28%
2022-12-31	$$0.1 M	-101.08%
2021-12-31	$-$10.11 Million	118.4%
2020-12-31	$-$4.63 Million	4608.54%
2019-12-31	$-$0.1 Million	-3712.68%
2018-12-31	$$0 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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PaxMedica (PXMD) - Net assets