Micromobility (MCOM) had the lowest return in 2023 by a micro-cap US stock, returning -100%.

ASSET	YEAR	% RETURN
Micromobility (MCOM)	2023	-99.99%
Allarity Therapeutics (ALLR)	2023	-99.86%
Ascent Solar Technologies, Inc Common Stock (ASTI)	2023	-99.73%
Hyperscale Data (GPUS)	2023	-99.7%
SMX (Security Matters) Public Limited Company Class A Ordinary Shares (SMX)	2023	-99.69%
Falcon's Beyond Global, Inc Class A Common Stock (FBYD)	2023	-99.57%
Avalo Therapeutics (AVTX)	2023	-99.25%
AgriFORCE Growing Systems (AGRI)	2023	-99.16%
Biodexa Pharmaceticals (BDRX)	2023	-99.15%
Faraday Future Intelligent Electric (FFIE)	2023	-99.06%
Transcode Therapeutics (RNAZ)	2023	-98.74%
22nd Century (XXII)	2023	-98.64%
ZyVersa Therapeutics (ZVSA)	2023	-98.48%
noco-noco Inc Ordinary Share (NCNC)	2023	-98.18%
Nuburu (BURU)	2023	-98.16%
Volcon (VLCN)	2023	-98.11%
Hub Cyber Security Ltd Ordinary Shares (HUBC)	2023	-98.07%
Connexa Sports Technologies (YYAI)	2023	-97.97%
SRAX (SRAX)	2023	-97.97%
XChange TECINC (XHG)	2023	-97.93%
Infobird (IFBD)	2023	-97.82%
U Power Limited Ordinary Shares (UCAR)	2023	-97.73%
Jaguar Animal Health (JAGX)	2023	-97.69%
TuHURA Biosciences (HURA)	2023	-97.65%
ReShape Lifesciences (RSLS)	2023	-97.41%

Micro-cap stocks are treated as having a market cap of <= $300M.