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

Alpha Cognition Inc. is the larger business by last-quarter revenue ($2.8M vs $1.5M, roughly 1.9× INNO HOLDINGS INC.). INNO HOLDINGS INC. runs the higher net margin — -2.0% vs -245.5%, a 243.5% gap on every dollar of revenue.

ACOG vs INHD — Head-to-Head

Bigger by revenue
ACOG
ACOG
1.9× larger
ACOG
$2.8M
$1.5M
INHD
Higher net margin
INHD
INHD
243.5% more per $
INHD
-2.0%
-245.5%
ACOG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ACOG
ACOG
INHD
INHD
Revenue
$2.8M
$1.5M
Net Profit
$-6.9M
$-28.6K
Gross Margin
5.1%
Operating Margin
-283.7%
-33.4%
Net Margin
-245.5%
-2.0%
Revenue YoY
635.6%
Net Profit YoY
95.3%
EPS (diluted)
$-0.10
$-0.01

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
INHD
INHD
Q4 25
$2.8M
$1.5M
Q3 25
$2.8M
$1.1M
Q2 25
$1.7M
$1.1M
Q1 25
$2.9M
$478.1K
Q4 24
$196.0K
Q3 24
$490.0K
Q1 24
$183.2K
Net Profit
ACOG
ACOG
INHD
INHD
Q4 25
$-6.9M
$-28.6K
Q3 25
$-1.3M
$-1.3M
Q2 25
$-10.5M
$-1.5M
Q1 25
$-2.0M
$-3.6M
Q4 24
$-603.7K
Q3 24
$-287.2K
Q1 24
$-1.1M
Gross Margin
ACOG
ACOG
INHD
INHD
Q4 25
5.1%
Q3 25
1.3%
Q2 25
96.7%
-1.5%
Q1 25
99.6%
8.7%
Q4 24
8.2%
Q3 24
Q1 24
Operating Margin
ACOG
ACOG
INHD
INHD
Q4 25
-283.7%
-33.4%
Q3 25
-187.0%
-89.7%
Q2 25
-346.1%
-143.7%
Q1 25
-125.9%
-286.4%
Q4 24
-233.7%
Q3 24
87.7%
Q1 24
-150.9%
Net Margin
ACOG
ACOG
INHD
INHD
Q4 25
-245.5%
-2.0%
Q3 25
-46.4%
-120.5%
Q2 25
-632.7%
-142.4%
Q1 25
-68.5%
-757.3%
Q4 24
-308.0%
Q3 24
-58.6%
Q1 24
-578.9%
EPS (diluted)
ACOG
ACOG
INHD
INHD
Q4 25
$-0.10
$-0.01
Q3 25
$-0.30
$5.03
Q2 25
$-0.65
$-0.30
Q1 25
$-0.13
$-0.83
Q4 24
$-5.21
Q3 24
$-0.14
Q1 24
$-0.51

Balance Sheet & Financial Strength

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

Metric
ACOG
ACOG
INHD
INHD
Cash + ST InvestmentsLiquidity on hand
$66.0M
$37.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$62.5M
$47.2M
Total Assets
$79.7M
$47.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACOG
ACOG
INHD
INHD
Q4 25
$66.0M
$37.1M
Q3 25
$35.4M
$10.1M
Q2 25
$39.4M
$4.4M
Q1 25
$45.5M
$3.9M
Q4 24
$4.8M
Q3 24
$1.1M
Q1 24
$4.0M
Stockholders' Equity
ACOG
ACOG
INHD
INHD
Q4 25
$62.5M
$47.2M
Q3 25
$33.9M
$15.2M
Q2 25
$31.9M
$8.0M
Q1 25
$40.8M
$7.1M
Q4 24
$9.4M
Q3 24
$2.8M
Q1 24
$4.1M
Total Assets
ACOG
ACOG
INHD
INHD
Q4 25
$79.7M
$47.3M
Q3 25
$46.3M
$16.0M
Q2 25
$45.1M
$8.8M
Q1 25
$48.6M
$7.3M
Q4 24
$10.7M
Q3 24
$4.2M
Q1 24
$7.1M

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
INHD
INHD
Operating Cash FlowLast quarter
$-6.9M
$-5.0M
Free Cash FlowOCF − Capex
$-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
ACOG
ACOG
INHD
INHD
Q4 25
$-6.9M
$-5.0M
Q3 25
$-5.3M
$-1.0M
Q2 25
$-6.1M
$-594.8K
Q1 25
$-2.0M
$-1.0M
Q4 24
$-2.1M
Q3 24
$-660.2K
Q1 24
$-2.9M
Free Cash Flow
ACOG
ACOG
INHD
INHD
Q4 25
$-7.1M
Q3 25
$-5.4M
Q2 25
$-6.1M
Q1 25
$-2.1M
Q4 24
$-2.1M
Q3 24
$-795.1K
Q1 24
$-3.2M
FCF Margin
ACOG
ACOG
INHD
INHD
Q4 25
-252.6%
Q3 25
-188.8%
Q2 25
-370.9%
Q1 25
-72.0%
Q4 24
-1083.3%
Q3 24
-162.3%
Q1 24
-1720.9%
Capex Intensity
ACOG
ACOG
INHD
INHD
Q4 25
5.3%
Q3 25
2.6%
Q2 25
0.5%
Q1 25
2.2%
Q4 24
13.7%
Q3 24
27.5%
Q1 24
118.1%

Financial Flow Comparison

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

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