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Side-by-side financial comparison of Alpha Cognition Inc. (ACOG) and CVD EQUIPMENT CORP (CVV). Click either name above to swap in a different company.
CVD EQUIPMENT CORP is the larger business by last-quarter revenue ($5.0M vs $2.8M, roughly 1.8× Alpha Cognition Inc.). CVD EQUIPMENT CORP runs the higher net margin — -25.6% vs -245.5%, a 219.9% gap on every dollar of revenue. CVD EQUIPMENT CORP produced more free cash flow last quarter ($396.0K vs $-7.1M).
CVD Equipment Corp designs, manufactures and supplies custom chemical vapor deposition systems, thermal processing equipment and related process control solutions. Its offerings cater to semiconductor manufacturing, renewable energy, aerospace, and advanced materials research segments, serving commercial and academic customers globally.
ACOG vs CVV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $2.8M | $5.0M |
| Net Profit | $-6.9M | $-1.3M |
| Gross Margin | — | 22.2% |
| Operating Margin | -283.7% | -27.2% |
| Net Margin | -245.5% | -25.6% |
| Revenue YoY | — | -33.2% |
| Net Profit YoY | — | -1060.6% |
| EPS (diluted) | $-0.10 | $-0.19 |
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 | $5.0M | ||
| Q3 25 | $2.8M | $7.4M | ||
| Q2 25 | $1.7M | $5.1M | ||
| Q1 25 | $2.9M | $8.3M | ||
| Q4 24 | — | $7.4M | ||
| Q3 24 | — | $8.2M | ||
| Q2 24 | — | $6.3M | ||
| Q1 24 | — | $4.9M |
| Q4 25 | $-6.9M | $-1.3M | ||
| Q3 25 | $-1.3M | $384.0K | ||
| Q2 25 | $-10.5M | $-1.1M | ||
| Q1 25 | $-2.0M | $360.0K | ||
| Q4 24 | — | $132.0K | ||
| Q3 24 | — | $203.0K | ||
| Q2 24 | — | $-761.0K | ||
| Q1 24 | — | $-1.5M |
| Q4 25 | — | 22.2% | ||
| Q3 25 | — | 32.7% | ||
| Q2 25 | 96.7% | 21.0% | ||
| Q1 25 | 99.6% | 32.4% | ||
| Q4 24 | — | 26.3% | ||
| Q3 24 | — | 21.5% | ||
| Q2 24 | — | 24.3% | ||
| Q1 24 | — | 16.2% |
| Q4 25 | -283.7% | -27.2% | ||
| Q3 25 | -187.0% | 4.2% | ||
| Q2 25 | -346.1% | -22.3% | ||
| Q1 25 | -125.9% | 3.2% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | -14.2% | ||
| Q1 24 | — | -33.0% |
| Q4 25 | -245.5% | -25.6% | ||
| Q3 25 | -46.4% | 5.2% | ||
| Q2 25 | -632.7% | -20.8% | ||
| Q1 25 | -68.5% | 4.3% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | -12.0% | ||
| Q1 24 | — | -29.9% |
| Q4 25 | $-0.10 | $-0.19 | ||
| Q3 25 | $-0.30 | $0.06 | ||
| Q2 25 | $-0.65 | $-0.15 | ||
| Q1 25 | $-0.13 | $0.05 | ||
| Q4 24 | — | $0.02 | ||
| Q3 24 | — | $0.03 | ||
| Q2 24 | — | $-0.11 | ||
| Q1 24 | — | $-0.22 |
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 | $8.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.5M | $24.7M |
| Total Assets | $79.7M | $27.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.0M | $8.7M | ||
| Q3 25 | $35.4M | $8.4M | ||
| Q2 25 | $39.4M | $7.0M | ||
| Q1 25 | $45.5M | $10.2M | ||
| Q4 24 | — | $12.6M | ||
| Q3 24 | — | $10.0M | ||
| Q2 24 | — | $10.0M | ||
| Q1 24 | — | $11.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $268.0K | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $62.5M | $24.7M | ||
| Q3 25 | $33.9M | $25.8M | ||
| Q2 25 | $31.9M | $25.2M | ||
| Q1 25 | $40.8M | $26.0M | ||
| Q4 24 | — | $25.4M | ||
| Q3 24 | — | $25.0M | ||
| Q2 24 | — | $24.5M | ||
| Q1 24 | — | $25.0M |
| Q4 25 | $79.7M | $27.5M | ||
| Q3 25 | $46.3M | $29.8M | ||
| Q2 25 | $45.1M | $29.9M | ||
| Q1 25 | $48.6M | $31.1M | ||
| Q4 24 | — | $31.7M | ||
| Q3 24 | — | $31.8M | ||
| Q2 24 | — | $33.8M | ||
| Q1 24 | — | $35.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $397.0K |
| Free Cash FlowOCF − Capex | $-7.1M | $396.0K |
| FCF MarginFCF / Revenue | -252.6% | 8.0% |
| Capex IntensityCapex / Revenue | 5.3% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-20.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.9M | $397.0K | ||
| Q3 25 | $-5.3M | $1.4M | ||
| Q2 25 | $-6.1M | $-3.2M | ||
| Q1 25 | $-2.0M | $-2.3M | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | — | $32.0K | ||
| Q2 24 | — | $-1.7M | ||
| Q1 24 | — | $-2.0M |
| Q4 25 | $-7.1M | $396.0K | ||
| Q3 25 | $-5.4M | — | ||
| Q2 25 | $-6.1M | $-3.2M | ||
| Q1 25 | $-2.1M | $-2.3M | ||
| Q4 24 | — | $2.1M | ||
| Q3 24 | — | $-5.0K | ||
| Q2 24 | — | $-1.8M | ||
| Q1 24 | — | $-2.1M |
| Q4 25 | -252.6% | 8.0% | ||
| Q3 25 | -188.8% | — | ||
| Q2 25 | -370.9% | -62.1% | ||
| Q1 25 | -72.0% | -27.7% | ||
| Q4 24 | — | 28.8% | ||
| Q3 24 | — | -0.1% | ||
| Q2 24 | — | -29.0% | ||
| Q1 24 | — | -42.9% |
| Q4 25 | 5.3% | 0.0% | ||
| Q3 25 | 2.6% | 0.0% | ||
| Q2 25 | 0.5% | 0.1% | ||
| Q1 25 | 2.2% | 0.5% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.53× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -6.28× | ||
| Q4 24 | — | 17.05× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACOG
Segment breakdown not available.
CVV
| Transferred Over Time | $3.8M | 76% |
| Transferred At Point In Time | $1.2M | 24% |