According to Algorae Pharmaceuticals latest financial reports the cash on hand of 1AI is $2.78M, an decrease of -3.01% to 2022. At the end of 2022 company had $2.87M cash on hand. This amount reflects the liquid assets available to the company, which are crucial for its operational flexibility, investment opportunities, and overall financial security.
Year | Cash on Hand | Change |
---|---|---|
2023 | $2.78M | -3.01% |
2022 | $2.87M | 162.92% |
2021 | $1.09M | -45.62% |
2020 | $2.01M | - |