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Side-by-side financial comparison of Alpha Cognition Inc. (ACOG) and Envirotech Vehicles, Inc. (EVTV). Click either name above to swap in a different company.

Alpha Cognition Inc. is the larger business by last-quarter revenue ($2.8M vs $2.5M, roughly 1.1× Envirotech Vehicles, Inc.). Alpha Cognition Inc. runs the higher net margin — -245.5% vs -545.9%, a 300.4% gap on every dollar of revenue.

Envirotech Vehicles, Inc. is a provider of zero-emission commercial electric vehicles, with product lines covering light-duty delivery vans, medium-duty work trucks, and purpose-built special electric vehicles. It mainly serves North American logistics, municipal services, and last-mile delivery segments, supporting custom vehicle configuration to match clients' specific operational requirements.

ACOG vs EVTV — Head-to-Head

Bigger by revenue
ACOG
ACOG
1.1× larger
ACOG
$2.8M
$2.5M
EVTV
Higher net margin
ACOG
ACOG
300.4% more per $
ACOG
-245.5%
-545.9%
EVTV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACOG
ACOG
EVTV
EVTV
Revenue
$2.8M
$2.5M
Net Profit
$-6.9M
$-13.6M
Gross Margin
-479.8%
Operating Margin
-283.7%
-566.0%
Net Margin
-245.5%
-545.9%
Revenue YoY
908.5%
Net Profit YoY
-484.0%
EPS (diluted)
$-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
ACOG
ACOG
EVTV
EVTV
Q4 25
$2.8M
$2.5M
Q3 25
$2.8M
$1.8M
Q2 25
$1.7M
$1.0M
Q1 25
$2.9M
$590.6K
Q4 24
$246.8K
Q3 24
$0
Q2 24
$812.8K
Q1 24
$810.5K
Net Profit
ACOG
ACOG
EVTV
EVTV
Q4 25
$-6.9M
$-13.6M
Q3 25
$-1.3M
$-6.4M
Q2 25
$-10.5M
$-5.1M
Q1 25
$-2.0M
$-14.0M
Q4 24
Q3 24
$-1.2M
Q2 24
$-755.1K
Q1 24
$-4.5M
Gross Margin
ACOG
ACOG
EVTV
EVTV
Q4 25
-479.8%
Q3 25
4.5%
Q2 25
96.7%
-139.2%
Q1 25
99.6%
20.2%
Q4 24
44.9%
Q3 24
Q2 24
25.1%
Q1 24
38.0%
Operating Margin
ACOG
ACOG
EVTV
EVTV
Q4 25
-283.7%
-566.0%
Q3 25
-187.0%
-334.5%
Q2 25
-346.1%
-458.4%
Q1 25
-125.9%
-2325.2%
Q4 24
Q3 24
Q2 24
-163.0%
Q1 24
-364.8%
Net Margin
ACOG
ACOG
EVTV
EVTV
Q4 25
-245.5%
-545.9%
Q3 25
-46.4%
-350.8%
Q2 25
-632.7%
-491.6%
Q1 25
-68.5%
-2376.8%
Q4 24
Q3 24
Q2 24
-92.9%
Q1 24
-559.2%
EPS (diluted)
ACOG
ACOG
EVTV
EVTV
Q4 25
$-0.10
Q3 25
$-0.30
Q2 25
$-0.65
Q1 25
$-0.13
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
ACOG
ACOG
EVTV
EVTV
Cash + ST InvestmentsLiquidity on hand
$66.0M
$359.0K
Total DebtLower is stronger
$485.8K
Stockholders' EquityBook value
$62.5M
$-8.9M
Total Assets
$79.7M
$4.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACOG
ACOG
EVTV
EVTV
Q4 25
$66.0M
$359.0K
Q3 25
$35.4M
$77.6K
Q2 25
$39.4M
$942.2K
Q1 25
$45.5M
$211.3K
Q4 24
$1.9M
Q3 24
$682.7K
Q2 24
$437.1K
Q1 24
$1.0M
Total Debt
ACOG
ACOG
EVTV
EVTV
Q4 25
$485.8K
Q3 25
$2.9M
Q2 25
$4.9M
Q1 25
$4.6M
Q4 24
$3.4M
Q3 24
$918.1K
Q2 24
$1.3M
Q1 24
$1.1M
Stockholders' Equity
ACOG
ACOG
EVTV
EVTV
Q4 25
$62.5M
$-8.9M
Q3 25
$33.9M
$1.9M
Q2 25
$31.9M
$5.9M
Q1 25
$40.8M
$9.2M
Q4 24
$20.9M
Q3 24
$19.0M
Q2 24
$18.1M
Q1 24
$18.5M
Total Assets
ACOG
ACOG
EVTV
EVTV
Q4 25
$79.7M
$4.7M
Q3 25
$46.3M
$18.2M
Q2 25
$45.1M
$22.7M
Q1 25
$48.6M
$24.8M
Q4 24
$32.7M
Q3 24
$22.8M
Q2 24
$22.5M
Q1 24
$23.2M
Debt / Equity
ACOG
ACOG
EVTV
EVTV
Q4 25
Q3 25
1.54×
Q2 25
0.84×
Q1 25
0.50×
Q4 24
0.16×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
ACOG
ACOG
EVTV
EVTV
Operating Cash FlowLast quarter
$-6.9M
$708.3K
Free Cash FlowOCF − Capex
$-7.1M
FCF MarginFCF / Revenue
-252.6%
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.

Operating Cash Flow
ACOG
ACOG
EVTV
EVTV
Q4 25
$-6.9M
$708.3K
Q3 25
$-5.3M
$-910.4K
Q2 25
$-6.1M
$-1.2M
Q1 25
$-2.0M
$-4.2M
Q4 24
$-3.5M
Q3 24
$-1.1M
Q2 24
$-965.0K
Q1 24
$-735.6K
Free Cash Flow
ACOG
ACOG
EVTV
EVTV
Q4 25
$-7.1M
Q3 25
$-5.4M
Q2 25
$-6.1M
Q1 25
$-2.1M
$-4.4M
Q4 24
$-3.9M
Q3 24
$-1.2M
Q2 24
$-1.1M
Q1 24
FCF Margin
ACOG
ACOG
EVTV
EVTV
Q4 25
-252.6%
Q3 25
-188.8%
Q2 25
-370.9%
Q1 25
-72.0%
-744.1%
Q4 24
-1594.4%
Q3 24
Q2 24
-135.4%
Q1 24
Capex Intensity
ACOG
ACOG
EVTV
EVTV
Q4 25
5.3%
0.0%
Q3 25
2.6%
0.0%
Q2 25
0.5%
0.0%
Q1 25
2.2%
29.9%
Q4 24
174.4%
Q3 24
Q2 24
16.6%
Q1 24
0.0%

Financial Flow Comparison

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

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