ACOG
Alpha Cognition Inc.
Company overview
- Market capitalization
- $187.29M
- Employees
- 71
- Latest publication
- 2026-09-29
About Alpha Cognition Inc.
Alpha Cognition Inc., a biopharmaceutical company, engages in the development of treatments for patients suffering from neurodegenerative diseases in the United States and Canada. The company's commercial development program includes ZUNVEYL oral tablet formulation for treating Alzheimer's disease. Its pre-clinical development programs comprise ZUNVEYL in combination with memantine for the treatment of moderate-to-severe Alzheimer's disease; ALPHA-1062 sublingual formulation; ALPHA-1062 intranasal formulation for the treatment of cognitive impairment with mild traumatic brain injury; and ALPHA-0602, ALPHA-0702, and ALPHA-0802 programs for the treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis disease and spinal muscular atrophy. Alpha Cognition Inc. was founded in 2000 and is headquartered in Grapevine, Texas.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 6,092,974USD | 3,533,798USD | 2,793,076USD | 2,840,858USD | 1,657,687USD | 2,928,654USD | 0USD | 0USD |
| Cost Of Revenue | 391,057USD | 22,923USD | 279,372USD | 640,614USD | 534,097USD | 836,541USD | 20,395USD | 19,997USD |
| Gross Profit | 5,701,917USD | 3,510,875USD | 2,513,704USD | 2,200,244USD | 1,123,590USD | 2,092,113USD | -20,395USD | -19,997USD |
| Research Development | 2,008,870USD | 1,096,305USD | 569,749USD | 573,592USD | 317,120USD | 407,511USD | 1,038,598USD | 996,029USD |
| Selling General Administrative | 11,449,054USD | 10,256,557USD | 9,853,936USD | 6,945,804USD | 6,538,085USD | 5,311,525USD | 1,333,646USD | 1,024,868USD |
| Total Operating Expenses | 13,457,924USD | 11,607,102USD | 10,438,974USD | 7,512,230USD | 6,860,591USD | 5,702,556USD | 2,347,881USD | 1,986,395USD |
| Operating Income | -7,756,007USD | -8,096,227USD | -7,925,270USD | -5,311,986USD | -5,737,000USD | -3,610,443USD | -2,347,881USD | -1,986,395USD |
| Total Other Income Expense Net | -1,033,733USD | 1,618,209USD | 1,068,964USD | 3,993,912USD | -4,751,951USD | 1,603,900USD | -3,310,855USD | 126,489USD |
| Interest Income | 380,735USD | 506,056USD | 634,160USD | 377,671USD | 425,670USD | 470,676USD | 145,518USD | 1,916USD |
| Net Income | -8,789,740USD | -6,478,018USD | -6,856,306USD | -1,318,074USD | -10,488,952USD | -2,006,543USD | -5,658,736USD | -1,859,906USD |
| Net Income Applicable To Common Shares | -8,789,740USD | — | — | — | — | — | — | — |
| Net Interest Income | — | 506,056USD | 634,160USD | 377,671USD | 425,670USD | 456,975USD | 20,556USD | -457,030USD |
| Income Before Tax | — | -6,478,018USD | -6,856,306USD | -1,318,074USD | -10,488,952USD | -2,006,543USD | -5,658,736USD | -1,859,906USD |
| Net Income From Continuing Ops | — | -6,478,018USD | -6,856,306USD | -1,318,074USD | -10,488,952USD | -2,006,543USD | -5,658,736USD | -1,859,906USD |
| Ebit | — | -8,125,997USD | -7,925,270USD | -5,311,986USD | -5,737,001USD | -1,992,842USD | -5,638,343USD | -1,755,751USD |
| Ebitda | — | -8,096,227USD | -7,898,147USD | -5,299,433USD | -5,725,387USD | -1,985,560USD | -5,617,948USD | -1,735,754USD |
| Depreciation And Amortization | — | 29,770USD | 27,123USD | 12,553USD | 11,614USD | 7,282USD | 20,395USD | 19,997USD |
| Reconciled Depreciation | — | 29,770USD | 27,123USD | 12,553USD | 11,614USD | 7,282USD | 20,395USD | 19,997USD |
| Interest Expense | — | — | — | 377,671USD | 644USD | 13,701USD | 20,393USD | 104,155USD |
| Selling And Marketing Expenses | — | — | — | — | — | 47,333USD | 85,661USD | 6,623USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD |
|---|---|---|---|---|---|---|
| Total Revenue | 10,220,275USD | 0USD | 0USD | 0USD | 0USD | 0USD |
| Cost Of Revenue | 1,915,323USD | 81,220USD | — | — | — | — |
| Gross Profit | 8,304,952USD | -81,220USD | — | — | — | — |
| Research Development | 1,867,972USD | 3,918,543USD | 4,998,253USD | 8,816,842USD | 7,973,340USD | 4,673,022USD |
| Selling General Administrative | 27,226,335USD | 7,223,493USD | 4,669,521USD | 4,016,266USD | 3,279,976USD | 950,442USD |
| Selling And Marketing Expenses | 1,812,762USD | 97,535USD | 19,791USD | 31,733USD | 103,250USD | — |
| Total Operating Expenses | 30,965,645USD | 11,860,655USD | 9,617,814USD | 13,465,624USD | 11,568,728USD | 5,705,180USD |
| Operating Income | -22,660,689USD | -11,860,655USD | -9,617,814USD | -13,465,624USD | -11,568,728USD | -5,705,180USD |
| Interest Income | 1,899,370USD | 161,664USD | 6,804USD | 1,925USD | 2,074USD | 22,590USD |
| Net Interest Income | 1,899,370USD | -483,473USD | -60,908USD | -170,955USD | -526,086USD | -747,781USD |
| Income Before Tax | -20,669,875USD | -14,636,865USD | -13,772,567USD | -12,114,698USD | -19,545,016USD | -5,784,207USD |
| Net Income | -20,669,875USD | -14,636,865USD | -13,772,567USD | -12,114,698USD | -19,545,016USD | -5,784,207USD |
| Net Income From Continuing Ops | -20,669,875USD | -14,636,865USD | -13,772,567USD | -12,114,698USD | -19,545,016USD | -5,784,207USD |
| Ebit | -22,719,261USD | -14,451,088USD | -13,704,855USD | -11,941,818USD | -19,016,856USD | -5,013,836USD |
| Ebitda | -22,660,689USD | -14,369,868USD | -13,620,376USD | -11,850,895USD | -18,926,979USD | -4,932,392USD |
| Depreciation And Amortization | 58,572USD | 81,220USD | 84,479USD | 90,923USD | 89,877USD | 81,444USD |
| Reconciled Depreciation | 58,572USD | 81,220USD | 84,479USD | 90,923USD | 89,877USD | 81,444USD |
| Total Other Income Expense Net | 1,990,814USD | -2,776,210USD | -4,154,753USD | 1,350,926USD | -7,976,288USD | -79,027USD |
| Interest Expense | — | 185,777USD | 67,712USD | 172,880USD | 528,160USD | 770,371USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 64,519,883USD | 69,248,341USD | 79,730,235USD | 46,301,213USD | 45,122,942USD | 48,608,419USD | 50,736,938USD | 5,028,072USD |
| Cash And Equivalents | 41,384,287USD | — | — | — | — | — | — | — |
| Total Current Assets | 57,926,682USD | 68,556,826USD | 79,010,272USD | 45,701,650USD | 44,648,207USD | 48,118,956USD | 50,251,178USD | 4,514,332USD |
| Other Current Assets | 4,614,222USD | 4,686,664USD | 3,545,452USD | 2,957,687USD | 2,413,177USD | 1,099,880USD | 836,409USD | 823,148USD |
| Total Liabilities | 11,558,134USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 6,412,718USD | 5,425,117USD | 9,130,075USD | 6,830,223USD | 3,039,658USD | 2,807,397USD | 3,350,752USD | 3,005,836USD |
| Other Current Liabilities | 71,540USD | — | — | — | — | — | — | — |
| Other Non Current Liabilities | 34,716USD | — | — | — | — | — | — | — |
| Total Stockholder Equity | 52,961,749USD | 57,456,505USD | 62,530,175USD | 33,913,810USD | 31,896,316USD | 40,811,875USD | 41,463,045USD | -2,919,631USD |
| Total Equity Including Noncontrolling Interest | 52,961,749USD | — | — | — | — | — | — | — |
| Deferred Revenue | 103,192USD | — | — | — | — | — | — | — |
| Deferred Revenue Non Current | 30,170USD | — | — | — | — | — | — | — |
| Net Receivables | 5,474,956USD | 3,578,173USD | 4,236,136USD | 2,845,701USD | 1,953,968USD | 608,503USD | 253,426USD | 24,795USD |
| Inventory | 6,394,817USD | 6,043,714USD | 5,123,496USD | 4,499,363USD | 875,852USD | 883,376USD | 615,133USD | — |
| Property Plant Equipment Net | 374,692USD | 305,479USD | 328,540USD | 202,754USD | 72,539USD | 70,452USD | 27,077USD | 1,011USD |
| Accounts Payable | 1,188,007USD | 1,434,985USD | 8,976,904USD | 838,012USD | 752,334USD | 821,868USD | 872,676USD | 790,310USD |
| Common Stock | 133,952,684USD | 133,952,684USD | 133,891,673USD | 101,826,126USD | 99,154,053USD | 99,128,230USD | 99,128,230USD | 49,149,464USD |
| Retained Earnings | -112,374,533USD | -103,584,793USD | -97,106,775USD | -90,098,607USD | -88,780,533USD | -78,291,581USD | -76,285,038USD | -70,626,302USD |
| Accumulated Other Comprehensive Income | -104,301USD | -104,301USD | -104,301USD | -104,301USD | -104,301USD | -104,301USD | -104,301USD | -104,301USD |
| Intangible Assets | — | 386,036USD | 391,423USD | 396,809USD | 402,196USD | 407,582USD | 412,969USD | 432,729USD |
| Total Liab | — | 11,791,836USD | 17,200,060USD | 12,387,403USD | 13,226,626USD | 7,796,544USD | 9,273,893USD | 7,947,703USD |
| Other Current Liab | — | 5,309,967USD | — | 6,529,007USD | 2,055,488USD | 1,745,993USD | 1,566,613USD | 953,286USD |
| Capital Stock | — | 133,952,746USD | 133,891,735USD | 101,826,188USD | 99,154,115USD | 99,128,292USD | 99,128,292USD | 49,149,526USD |
| Cash | — | 54,248,275USD | 66,105,188USD | 35,398,899USD | 39,405,210USD | 45,527,197USD | 48,546,210USD | 3,666,389USD |
| Cash And Short Term Investments | — | 54,248,275USD | 66,105,188USD | 35,398,899USD | 39,405,210USD | 45,527,197USD | 48,546,210USD | 3,666,389USD |
| Current Deferred Revenue | — | 115,150USD | 153,171USD | 301,216USD | 231,836USD | 239,536USD | — | 50,777USD |
| Net Debt | — | -54,248,275USD | -66,105,188USD | -35,398,899USD | -39,405,210USD | -45,527,197USD | -47,634,747USD | -1,452,052USD |
| Property Plant Equipment Gross | — | 305,479USD | 328,540USD | 202,754USD | 72,539USD | 84,341USD | 39,071USD | 12,370USD |
| Common Stock Shares Outstanding | — | 21,926,101shares | 22,225,000shares | 16,413,023shares | 16,020,702shares | 16,019,787shares | 11,204,059shares | 6,030,259shares |
| Non Current Assets Total | — | 691,515USD | 719,962USD | 599,563USD | 474,735USD | 489,463USD | 485,760USD | 513,740USD |
| Non Current Liabilities Total | — | 6,366,719USD | 8,069,985USD | 5,557,180USD | 10,186,968USD | 4,989,147USD | 5,923,141USD | 4,941,867USD |
| Non Current Liabilities Other | — | 37,055USD | 47,181USD | 152,166USD | 187,851USD | 113,996USD | 102,783USD | 1,489,515USD |
| Non Currrent Assets Other | — | 305,479USD | — | 202,754USD | — | 11,429USD | 45,714USD | 80,000USD |
| Net Working Capital | — | 63,131,709USD | 69,880,197USD | 38,871,427USD | 41,608,549USD | 45,311,559USD | 46,900,426USD | 1,508,496USD |
| Unclassified Current Liabilities | — | -1,434,985USD | — | — | — | — | — | -1,211,463USD |
| Unclassified Non Current Liabilities | — | 6,329,664USD | 8,022,804USD | 5,405,014USD | 9,999,117USD | 4,875,151USD | 5,820,358USD | 2,449,478USD |
| Unclassified Equity | — | -106,759,831USD | -108,042,157USD | -79,535,596USD | -77,527,018USD | -79,048,765USD | -80,404,138USD | -30,488,018USD |
| Good Will | — | — | 391,423USD | — | — | — | — | — |
| Short Term Debt | — | — | — | — | — | — | 911,463USD | 1,211,463USD |
| Short Long Term Debt | — | — | — | — | — | — | 911,463USD | 1,211,463USD |
| Short Long Term Debt Total | — | — | — | — | — | — | 911,463USD | 2,214,337USD |
| Long Term Debt | — | — | — | — | — | — | — | 1,002,874USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD |
|---|---|---|---|---|---|---|
| Total Assets | 79,730,235USD | 50,736,938USD | 2,452,170USD | 2,950,951USD | 12,880,388USD | 8,436,205USD |
| Intangible Assets | 391,423USD | 412,969USD | 532,010USD | 614,386USD | 696,762USD | 729,137USD |
| Other Current Assets | 3,545,452USD | 836,409USD | 366,316USD | 249,045USD | 868,832USD | 334,658USD |
| Total Liab | 17,200,060USD | 9,273,893USD | 7,164,774USD | 4,271,128USD | 3,850,797USD | 8,420,197USD |
| Total Stockholder Equity | 62,530,175USD | 41,463,045USD | -4,712,604USD | -1,320,177USD | 9,029,591USD | 16,008USD |
| Common Stock | 133,891,673USD | 99,128,230USD | 50,354,313USD | 40,258,943USD | 40,011,714USD | 14,568,312USD |
| Capital Stock | 133,891,735USD | 99,128,292USD | 50,354,313USD | 40,258,943USD | 40,011,776USD | 14,568,312USD |
| Retained Earnings | -97,106,775USD | -76,285,038USD | -63,353,768USD | -49,986,851USD | -38,033,903USD | -18,488,887USD |
| Good Will | 391,423USD | — | — | — | — | — |
| Cash | 66,105,188USD | 48,546,210USD | 1,494,573USD | 2,083,696USD | 11,301,793USD | 5,926,350USD |
| Cash And Short Term Investments | 66,105,188USD | 48,546,210USD | 1,494,573USD | 2,083,696USD | 11,301,793USD | 5,926,350USD |
| Total Current Assets | 79,010,272USD | 50,251,178USD | 1,918,439USD | 2,332,741USD | 12,170,625USD | 7,700,231USD |
| Total Current Liabilities | 9,130,075USD | 3,350,752USD | 2,624,902USD | 4,056,844USD | 1,802,670USD | 3,577,358USD |
| Current Deferred Revenue | 153,171USD | — | 10,413USD | — | — | — |
| Net Debt | -66,105,188USD | -47,634,747USD | -274,201USD | -872,233USD | -10,225,973USD | -2,711,342USD |
| Net Receivables | 4,236,136USD | 253,426USD | 57,549USD | — | — | 1,439,223USD |
| Inventory | 5,123,496USD | 615,133USD | 0USD | — | — | — |
| Accounts Payable | 8,976,904USD | 872,676USD | 475,553USD | 2,016,057USD | 454,992USD | 27,542USD |
| Property Plant Equipment Net | 328,540USD | 27,077USD | 1,721USD | 3,824USD | 13,001USD | 6,837USD |
| Property Plant Equipment Gross | 328,540USD | 39,071USD | 1,721USD | 3,824USD | 13,001USD | 6,837USD |
| Accumulated Other Comprehensive Income | -104,301USD | -104,301USD | 8,286,851USD | 8,407,731USD | 7,051,718USD | 3,936,583USD |
| Common Stock Shares Outstanding | 17,680,597shares | 7,247,864shares | 3,585,440shares | 2,718,887shares | 2,133,322shares | 2,073,757shares |
| Non Current Assets Total | 719,962USD | 485,760USD | 533,731USD | 618,210USD | 709,763USD | 735,974USD |
| Non Current Liabilities Total | 8,069,985USD | 5,923,141USD | 4,539,872USD | 214,284USD | 2,048,127USD | 4,842,839USD |
| Non Current Liabilities Other | 47,181USD | 102,783USD | 84,125USD | 8,295USD | — | — |
| Net Working Capital | 69,880,197USD | 46,900,426USD | -706,463USD | -1,724,103USD | 10,367,955USD | 4,122,873USD |
| Unclassified Non Current Liabilities | 8,022,804USD | 5,820,358USD | 4,455,747USD | — | 2,048,127USD | 1,651,831USD |
| Unclassified Equity | -108,042,157USD | -80,404,138USD | -50,354,313USD | -40,258,943USD | -40,011,714USD | -14,568,312USD |
| Other Current Liab | — | 1,566,613USD | 1,394,117USD | 829,324USD | 271,858USD | 3,525,816USD |
| Short Term Debt | — | 911,463USD | 1,220,372USD | 1,211,463USD | 1,075,820USD | 24,000USD |
| Short Long Term Debt | — | 911,463USD | 1,220,372USD | 1,211,463USD | 1,075,820USD | 24,000USD |
| Short Long Term Debt Total | — | 911,463USD | 1,220,372USD | 1,211,463USD | 1,075,820USD | 3,215,008USD |
| Non Currrent Assets Other | — | 45,714USD | — | — | — | — |
| Unclassified Current Liabilities | — | — | -1,695,925USD | -1,211,463USD | -1,075,820USD | — |
| Long Term Debt | — | — | — | — | — | 3,191,008USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 133,356USD |
| Stock Based Compensation | 2,855,328USD |
| Change To Account Receivables | -1,238,820USD |
| Change To Inventory | -1,271,321USD |
| Change To Liabilities | -2,722,158USD |
| Change In Working Capital | -6,301,070USD |
| Operating Cash Flow | -18,656,708USD |
| Capital Expenditures | -99,892USD |
| Unclassified Investing Cash Flow | -5,906,702USD |
| Investing Cash Flow | -6,006,594USD |
| Financing Cash Flow | 800USD |
| Change In Cash | -24,662,502USD |
| End Cash Flow | 41,442,687USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -6,478,018USD | -6,856,306USD | -1,318,074USD | -10,488,952USD | -2,006,543USD | -5,658,736USD | -1,859,906USD | -2,119,602USD |
| Depreciation | 29,770USD | 27,123USD | 12,553USD | 11,614USD | 7,282USD | 20,395USD | 19,997USD | 19,997USD |
| Stock Based Compensation | 1,403,548USD | 945,502USD | 1,074,080USD | 1,547,570USD | 1,355,373USD | 62,646USD | 193,741USD | 375,327USD |
| Other Non Cash Items | -1,712,216USD | -599,490USD | -2,687,094USD | 5,282,578USD | -1,092,250USD | 3,408,508USD | 142,262USD | -192,192USD |
| Change To Account Receivables | 657,963USD | -1,355,635USD | -1,042,197USD | -1,390,900USD | -422,796USD | — | 0USD | 0USD |
| Change To Inventory | -920,218USD | -573,956USD | -3,677,856USD | 7,524USD | -268,243USD | — | 0USD | 0USD |
| Change In Working Capital | -5,041,076USD | -423,247USD | -1,353,189USD | -2,492,306USD | -308,142USD | -136,540USD | 113,362USD | 497,536USD |
| Total Cash From Operating Activities | -11,797,992USD | -6,906,418USD | -5,345,805USD | -6,139,496USD | -2,044,280USD | -2,303,727USD | -1,584,284USD | -1,418,934USD |
| Capital Expenditures | -1,318USD | -134,855USD | -75,294USD | -8,315USD | -63,270USD | 0USD | -4USD | -2USD |
| Free Cash Flow | -11,797,992USD | -7,041,273USD | -5,421,100USD | -6,147,811USD | -2,107,550USD | -2,303,727USD | -1,584,280USD | -1,418,934USD |
| Total Cashflows From Investing Activities | -1,322USD | -147,523USD | -75,295USD | -8,315USD | -63,270USD | -26,701USD | — | — |
| Net Borrowings | 0USD | 0USD | 0USD | 0USD | -911,463USD | -300,000USD | 4,545,000USD | — |
| Total Cash From Financing Activities | 800USD | 37,701,831USD | 1,381,478USD | -10,808USD | -834,303USD | 47,121,111USD | 4,152,495USD | 190,055USD |
| Change In Cash | -11,798,514USD | 30,647,890USD | -4,006,311USD | -6,158,619USD | -2,941,853USD | 44,790,683USD | 2,579,216USD | -1,228,879USD |
| Begin Period Cash Flow | 66,105,189USD | 35,457,299USD | 39,463,610USD | 45,622,229USD | 48,564,082USD | 3,773,399USD | 1,194,183USD | 2,423,062USD |
| End Period Cash Flow | 54,306,675USD | 66,105,189USD | 35,457,299USD | 39,463,610USD | 45,622,229USD | 48,564,082USD | 3,773,399USD | 1,194,183USD |
| Other Cashflows From Investing Activities | -1,322USD | -12,668USD | -145,966USD | — | -63,270USD | -544USD | — | — |
| Other Cashflows From Financing Activities | 800USD | -72,982USD | -123USD | -20,464USD | 77,160USD | -5,387,804USD | -67,774USD | 190,055USD |
| Issuance Of Capital Stock | — | 34,321,975USD | 0USD | 0USD | 0USD | 52,808,915USD | 0USD | 0USD |
| Unclassified Financing Cash Flow | — | 3,452,838USD | 1,381,601USD | — | — | — | — | — |
| Investments | — | — | -74,381USD | -8,315USD | -63,270USD | -26,701USD | 0USD | 0USD |
| Unclassified Operating Cash Flow | — | — | -1,074,081USD | — | — | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD |
|---|---|---|---|---|---|---|
| Net Income | -20,669,875USD | -14,636,865USD | -13,772,567USD | -12,114,698USD | -19,545,016USD | -5,784,207USD |
| Depreciation | 58,572USD | 81,220USD | 84,479USD | 90,923USD | 89,877USD | 81,444USD |
| Stock Based Compensation | 4,922,525USD | 979,799USD | 2,369,585USD | 1,701,807USD | 1,792,932USD | 554,920USD |
| Other Non Cash Items | -72,706USD | 6,061,871USD | 4,147,249USD | -1,649,770USD | 8,071,828USD | 36,006USD |
| Change To Account Receivables | -4,236,136USD | 0USD | — | — | — | 13,189USD |
| Change To Inventory | -4,508,363USD | -615,133USD | 0USD | — | — | — |
| Change In Working Capital | -4,618,883USD | -241,679USD | -1,557,534USD | 2,730,088USD | -288,959USD | -325,823USD |
| Total Cash From Operating Activities | -20,380,367USD | -7,755,654USD | -8,728,788USD | -9,241,650USD | -9,879,338USD | -5,437,660USD |
| Capital Expenditures | -293,489USD | -26,701USD | -5USD | -4,876USD | -63,666USD | -9,238USD |
| Free Cash Flow | -20,673,856USD | -7,782,355USD | -8,728,788USD | -9,246,526USD | -9,943,004USD | -5,446,898USD |
| Total Cashflows From Investing Activities | -293,489USD | -26,701USD | — | -4,876USD | 459,375USD | -9,238USD |
| Net Borrowings | -911,463USD | 4,245,000USD | -55,000USD | 0USD | 0USD | — |
| Total Cash From Financing Activities | 38,214,963USD | 54,851,864USD | 8,159,238USD | 24,785USD | 14,878,245USD | 5,875,740USD |
| Issuance Of Capital Stock | 34,321,975USD | 56,541,384USD | 9,223,587USD | 0USD | 13,651,183USD | 1,898,740USD |
| Change In Cash | 17,541,107USD | 47,069,509USD | -589,123USD | -9,218,097USD | 5,375,443USD | 428,842USD |
| Begin Period Cash Flow | 48,564,082USD | 1,494,573USD | 2,083,696USD | 11,301,793USD | 5,926,350USD | 5,497,508USD |
| End Period Cash Flow | 66,105,189USD | 48,564,082USD | 1,494,573USD | 2,083,696USD | 11,301,793USD | 5,926,350USD |
| Other Cashflows From Investing Activities | -293,489USD | — | — | — | -50,000USD | — |
| Other Cashflows From Financing Activities | -2,506,693USD | -5,934,520USD | -1,009,349USD | 24,785USD | 1,227,062USD | -23,000USD |
| Unclassified Financing Cash Flow | 7,311,144USD | — | — | — | — | 4,000,000USD |
| Investments | — | -26,701USD | 0USD | -4,876USD | 459,375USD | -9,238USD |
| Dividends Paid | — | — | 0USD | 0USD | 0USD | 0USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q1 2026Quarterly · 2026-03-31 | Geography | China | 29,977 | USD | 0001213900-26-056588 |
| Q1 2026Quarterly · 2026-03-31 | Geography | United States | 3,503,821 | USD | 0001213900-26-056588 |
| Q1 2026Quarterly · 2026-03-31 | Product | License | 29,977 | USD | 0001213900-26-056588 |
| Q1 2026Quarterly · 2026-03-31 | Product | Product Net | 3,503,821 | USD | 0001213900-26-056588 |
| FY 2025Yearly · 2025-12-31 | Geography | China | 3,428,251 | USD | 0001213900-26-037614 |
| FY 2025Yearly · 2025-12-31 | Geography | United States | 6,792,024 | USD | 0001213900-26-037614 |
| Q3 2025Quarterly · 2025-09-30 | Product | License | 506,636 | USD | 0001213900-25-110061 |
| Q3 2025Quarterly · 2025-09-30 | Product | Product Net | 2,334,222 | USD | 0001213900-25-110061 |
| Q2 2025Quarterly · 2025-06-30 | Product | License | 81,276 | USD | 0001213900-25-076600 |
| Q2 2025Quarterly · 2025-06-30 | Product | Product Net | 1,576,411 | USD | 0001213900-25-076600 |
| Q1 2025Quarterly · 2025-03-31 | Geography | China | 2,581,725 | USD | 0001213900-26-056588 |
| Q1 2025Quarterly · 2025-03-31 | Geography | United States | 346,929 | USD | 0001213900-26-056588 |
| Q1 2025Quarterly · 2025-03-31 | Product | License | 2,581,725 | USD | 0001213900-26-056588 |
| Q1 2025Quarterly · 2025-03-31 | Product | Product Net | 346,929 | USD | 0001213900-26-056588 |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.