Azitra (AZTR) had the highest return in 2023 by a micro-cap US stock, returning 492,757.1%.

ASSET	YEAR	% RETURN
Azitra (AZTR)	2023	492,757.14%
MDxHealth SA ADR (MDXH)	2023	393,900%
JIN MEDICAL INTERNATIONAL LTD Ordinary Shares (ZJYL)	2023	3,000.63%
iCoreConnect Inc Common stock (ICCT)	2023	1,293.26%
Myomo (MYO)	2023	854.29%
Regis Corporation Common Stock (RGS)	2023	687.5%
Urgently Inc Common Stock (ULY)	2023	641.69%
Direct Digital (DRCT)	2023	495.2%
Digihost Technology (DGHI)	2023	472.93%
Ebang International (EBON)	2023	415.15%
Atlas Lithium Corporation Common Stock (ATLX)	2023	379.75%
Safety Shot (SHOT)	2023	354.08%
Sera Prognostics (SERA)	2023	349.62%
Applied Therapeutics (APLT)	2023	344.3%
LifeMD (LFMD)	2023	329.53%
Argo Blockchain PLC ADR (ARBK)	2023	311.44%
CASI Pharmaceuticals (CASI)	2023	306.82%
M-tron Industries (MPTI)	2023	296.67%
Metalpha Technology (MATH)	2023	296.36%
NioCorp Developments Ltd Common Stock (NB)	2023	294.07%
Minerva Neurosciences (NERV)	2023	284.38%
Tempest Therapeutics (TPST)	2023	269.75%
Inozyme Pharma (INZY)	2023	264.1%
Tscan Therapeutics (TCRX)	2023	253.33%
InspireMD (NSPR)	2023	234.52%

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