vs

Side-by-side financial comparison of ABEONA THERAPEUTICS INC. (ABEO) and Alpha Cognition Inc. (ACOG). Click either name above to swap in a different company.

Alpha Cognition Inc. produced more free cash flow last quarter ($-7.1M vs $-23.7M).

Abeona Therapeutics Inc. is a clinical-stage biopharmaceutical company specializing in the research and development of novel gene and cell therapies for life-threatening rare genetic diseases. Its pipeline addresses unmet medical needs, serving patient populations across North America and European markets with limited treatment alternatives.

ABEO vs ACOG — Head-to-Head

Bigger by revenue
ACOG
ACOG
Infinity× larger
ACOG
$2.8M
$0
ABEO
More free cash flow
ACOG
ACOG
$16.7M more FCF
ACOG
$-7.1M
$-23.7M
ABEO

Income Statement — Q3 2025 vs Q4 2025

Metric
ABEO
ABEO
ACOG
ACOG
Revenue
$0
$2.8M
Net Profit
$-5.2M
$-6.9M
Gross Margin
Operating Margin
-283.7%
Net Margin
-245.5%
Revenue YoY
Net Profit YoY
82.9%
EPS (diluted)
$-0.10
$-0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABEO
ABEO
ACOG
ACOG
Q4 25
$2.8M
Q3 25
$0
$2.8M
Q2 25
$400.0K
$1.7M
Q1 25
$2.9M
Net Profit
ABEO
ABEO
ACOG
ACOG
Q4 25
$-6.9M
Q3 25
$-5.2M
$-1.3M
Q2 25
$108.8M
$-10.5M
Q1 25
$-2.0M
Gross Margin
ABEO
ABEO
ACOG
ACOG
Q4 25
Q3 25
Q2 25
96.7%
Q1 25
99.6%
Operating Margin
ABEO
ABEO
ACOG
ACOG
Q4 25
-283.7%
Q3 25
-187.0%
Q2 25
-5698.0%
-346.1%
Q1 25
-125.9%
Net Margin
ABEO
ABEO
ACOG
ACOG
Q4 25
-245.5%
Q3 25
-46.4%
Q2 25
27208.3%
-632.7%
Q1 25
-68.5%
EPS (diluted)
ABEO
ABEO
ACOG
ACOG
Q4 25
$-0.10
Q3 25
$-0.10
$-0.30
Q2 25
$1.71
$-0.65
Q1 25
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABEO
ABEO
ACOG
ACOG
Cash + ST InvestmentsLiquidity on hand
$207.1M
$66.0M
Total DebtLower is stronger
$19.8M
Stockholders' EquityBook value
$171.2M
$62.5M
Total Assets
$231.1M
$79.7M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABEO
ABEO
ACOG
ACOG
Q4 25
$66.0M
Q3 25
$207.1M
$35.4M
Q2 25
$225.5M
$39.4M
Q1 25
$45.5M
Total Debt
ABEO
ABEO
ACOG
ACOG
Q4 25
Q3 25
$19.8M
Q2 25
$19.6M
Q1 25
Stockholders' Equity
ABEO
ABEO
ACOG
ACOG
Q4 25
$62.5M
Q3 25
$171.2M
$33.9M
Q2 25
$163.6M
$31.9M
Q1 25
$40.8M
Total Assets
ABEO
ABEO
ACOG
ACOG
Q4 25
$79.7M
Q3 25
$231.1M
$46.3M
Q2 25
$246.2M
$45.1M
Q1 25
$48.6M
Debt / Equity
ABEO
ABEO
ACOG
ACOG
Q4 25
Q3 25
0.12×
Q2 25
0.12×
Q1 25

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABEO
ABEO
ACOG
ACOG
Operating Cash FlowLast quarter
$-21.2M
$-6.9M
Free Cash FlowOCF − Capex
$-23.7M
$-7.1M
FCF MarginFCF / Revenue
-252.6%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABEO
ABEO
ACOG
ACOG
Q4 25
$-6.9M
Q3 25
$-21.2M
$-5.3M
Q2 25
$-18.8M
$-6.1M
Q1 25
$-2.0M
Free Cash Flow
ABEO
ABEO
ACOG
ACOG
Q4 25
$-7.1M
Q3 25
$-23.7M
$-5.4M
Q2 25
$-21.7M
$-6.1M
Q1 25
$-2.1M
FCF Margin
ABEO
ABEO
ACOG
ACOG
Q4 25
-252.6%
Q3 25
-188.8%
Q2 25
-5421.3%
-370.9%
Q1 25
-72.0%
Capex Intensity
ABEO
ABEO
ACOG
ACOG
Q4 25
5.3%
Q3 25
2.6%
Q2 25
725.3%
0.5%
Q1 25
2.2%
Cash Conversion
ABEO
ABEO
ACOG
ACOG
Q4 25
Q3 25
Q2 25
-0.17×
Q1 25

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons