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Side-by-side financial comparison of Alpha Cognition Inc. (ACOG) and Sphere 3D Corp. (ANY). Click either name above to swap in a different company.
Alpha Cognition Inc. is the larger business by last-quarter revenue ($2.8M vs $2.7M, roughly 1.0× Sphere 3D Corp.). Alpha Cognition Inc. produced more free cash flow last quarter ($-7.1M vs $-23.6M).
Sphere 3D Corp is a global technology company specializing in cloud computing, data management, and virtualization solutions. It delivers enterprise-grade products and services tailored for small to medium-sized businesses, large enterprise clients, and public sector entities, focusing on optimizing IT infrastructure efficiency and cutting operational costs for end users.
ACOG vs ANY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.8M | $2.7M |
| Net Profit | $-6.9M | — |
| Gross Margin | — | — |
| Operating Margin | -283.7% | -372.7% |
| Net Margin | -245.5% | — |
| Revenue YoY | — | 3.1% |
| Net Profit YoY | — | — |
| EPS (diluted) | $-0.10 | $-6.96 |
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.
| Q4 25 | $2.8M | $2.7M | ||
| Q3 25 | $2.8M | $2.6M | ||
| Q2 25 | $1.7M | $3.0M | ||
| Q1 25 | $2.9M | $2.8M | ||
| Q4 24 | — | $2.6M | ||
| Q3 24 | — | $2.4M | ||
| Q2 24 | — | $4.7M | ||
| Q1 24 | — | $6.9M |
| Q4 25 | $-6.9M | — | ||
| Q3 25 | $-1.3M | $-4.2M | ||
| Q2 25 | $-10.5M | $1.7M | ||
| Q1 25 | $-2.0M | $-8.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $104.0K | ||
| Q2 24 | — | $2.1M | ||
| Q1 24 | — | $-4.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 25.4% | ||
| Q2 25 | 96.7% | 23.8% | ||
| Q1 25 | 99.6% | 22.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -16.0% | ||
| Q2 24 | — | 15.2% | ||
| Q1 24 | — | 38.0% |
| Q4 25 | -283.7% | -372.7% | ||
| Q3 25 | -187.0% | -153.8% | ||
| Q2 25 | -346.1% | -87.0% | ||
| Q1 25 | -125.9% | -184.2% | ||
| Q4 24 | — | -328.7% | ||
| Q3 24 | — | -218.8% | ||
| Q2 24 | — | -122.4% | ||
| Q1 24 | — | -26.9% |
| Q4 25 | -245.5% | — | ||
| Q3 25 | -46.4% | -162.0% | ||
| Q2 25 | -632.7% | 55.2% | ||
| Q1 25 | -68.5% | -311.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 45.5% | ||
| Q1 24 | — | -64.5% |
| Q4 25 | $-0.10 | $-6.96 | ||
| Q3 25 | $-0.30 | $-0.15 | ||
| Q2 25 | $-0.65 | $0.06 | ||
| Q1 25 | $-0.13 | $-0.32 | ||
| Q4 24 | — | $-4.62 | ||
| Q3 24 | — | $0.01 | ||
| Q2 24 | — | $0.10 | ||
| Q1 24 | — | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.0M | $3.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.5M | $23.3M |
| Total Assets | $79.7M | $25.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.0M | $3.7M | ||
| Q3 25 | $35.4M | $5.3M | ||
| Q2 25 | $39.4M | $4.7M | ||
| Q1 25 | $45.5M | $2.8M | ||
| Q4 24 | — | $5.4M | ||
| Q3 24 | — | $5.0M | ||
| Q2 24 | — | $4.3M | ||
| Q1 24 | — | $9.3M |
| Q4 25 | $62.5M | $23.3M | ||
| Q3 25 | $33.9M | $29.5M | ||
| Q2 25 | $31.9M | $32.7M | ||
| Q1 25 | $40.8M | $30.7M | ||
| Q4 24 | — | $39.3M | ||
| Q3 24 | — | $35.8M | ||
| Q2 24 | — | $33.4M | ||
| Q1 24 | — | $27.5M |
| Q4 25 | $79.7M | $25.1M | ||
| Q3 25 | $46.3M | $31.1M | ||
| Q2 25 | $45.1M | $34.4M | ||
| Q1 25 | $48.6M | $34.3M | ||
| Q4 24 | — | $43.2M | ||
| Q3 24 | — | $44.3M | ||
| Q2 24 | — | $44.0M | ||
| Q1 24 | — | $42.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.9M | $-16.1M |
| Free Cash FlowOCF − Capex | $-7.1M | $-23.6M |
| FCF MarginFCF / Revenue | -252.6% | -867.3% |
| Capex IntensityCapex / Revenue | 5.3% | 275.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-20.7M | $-40.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.9M | $-16.1M | ||
| Q3 25 | $-5.3M | $-3.5M | ||
| Q2 25 | $-6.1M | $-5.8M | ||
| Q1 25 | $-2.0M | $-4.1M | ||
| Q4 24 | — | $-4.6M | ||
| Q3 24 | — | $290.0K | ||
| Q2 24 | — | $-3.3M | ||
| Q1 24 | — | $-58.0K |
| Q4 25 | $-7.1M | $-23.6M | ||
| Q3 25 | $-5.4M | $-5.7M | ||
| Q2 25 | $-6.1M | $-6.0M | ||
| Q1 25 | $-2.1M | $-5.1M | ||
| Q4 24 | — | $-13.5M | ||
| Q3 24 | — | $-4.3M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -252.6% | -867.3% | ||
| Q3 25 | -188.8% | -218.7% | ||
| Q2 25 | -370.9% | -200.5% | ||
| Q1 25 | -72.0% | -181.2% | ||
| Q4 24 | — | -511.9% | ||
| Q3 24 | — | -184.4% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 5.3% | 275.4% | ||
| Q3 25 | 2.6% | 86.5% | ||
| Q2 25 | 0.5% | 6.6% | ||
| Q1 25 | 2.2% | 36.4% | ||
| Q4 24 | — | 338.7% | ||
| Q3 24 | — | 196.7% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -3.51× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.79× | ||
| Q2 24 | — | -1.55× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
