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Side-by-side financial comparison of Alpha Cognition Inc. (ACOG) and United Maritime Corp (USEA). Click either name above to swap in a different company.
Alpha Cognition Inc. is the larger business by last-quarter revenue ($2.8M vs $1.8M, roughly 1.5× United Maritime Corp). United Maritime Corp runs the higher net margin — 59.6% vs -245.5%, a 305.0% gap on every dollar of revenue. United Maritime Corp produced more free cash flow last quarter ($-477.0K vs $-7.1M).
Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.
ACOG vs USEA — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.8M | $1.8M |
| Net Profit | $-6.9M | $1.1M |
| Gross Margin | — | — |
| Operating Margin | -283.7% | — |
| Net Margin | -245.5% | 59.6% |
| Revenue YoY | — | — |
| Net Profit YoY | — | — |
| EPS (diluted) | $-0.10 | $0.13 |
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 | — | ||
| Q3 25 | $2.8M | $1.8M | ||
| Q2 25 | $1.7M | — | ||
| Q1 25 | $2.9M | — |
| Q4 25 | $-6.9M | — | ||
| Q3 25 | $-1.3M | $1.1M | ||
| Q2 25 | $-10.5M | — | ||
| Q1 25 | $-2.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 96.7% | — | ||
| Q1 25 | 99.6% | — |
| Q4 25 | -283.7% | — | ||
| Q3 25 | -187.0% | — | ||
| Q2 25 | -346.1% | — | ||
| Q1 25 | -125.9% | — |
| Q4 25 | -245.5% | — | ||
| Q3 25 | -46.4% | 59.6% | ||
| Q2 25 | -632.7% | — | ||
| Q1 25 | -68.5% | — |
| Q4 25 | $-0.10 | — | ||
| Q3 25 | $-0.30 | $0.13 | ||
| Q2 25 | $-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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.0M | $19.7M |
| Total DebtLower is stronger | — | $49.5M |
| Stockholders' EquityBook value | $62.5M | $57.5M |
| Total Assets | $79.7M | $144.2M |
| Debt / EquityLower = less leverage | — | 0.86× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.0M | — | ||
| Q3 25 | $35.4M | $19.7M | ||
| Q2 25 | $39.4M | — | ||
| Q1 25 | $45.5M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $49.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — |
| Q4 25 | $62.5M | — | ||
| Q3 25 | $33.9M | $57.5M | ||
| Q2 25 | $31.9M | — | ||
| Q1 25 | $40.8M | — |
| Q4 25 | $79.7M | — | ||
| Q3 25 | $46.3M | $144.2M | ||
| Q2 25 | $45.1M | — | ||
| Q1 25 | $48.6M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.86× | ||
| Q2 25 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.9M | $-444.0K |
| Free Cash FlowOCF − Capex | $-7.1M | $-477.0K |
| FCF MarginFCF / Revenue | -252.6% | -26.1% |
| Capex IntensityCapex / Revenue | 5.3% | 1.8% |
| Cash ConversionOCF / Net Profit | — | -0.41× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.9M | — | ||
| Q3 25 | $-5.3M | $-444.0K | ||
| Q2 25 | $-6.1M | — | ||
| Q1 25 | $-2.0M | — |
| Q4 25 | $-7.1M | — | ||
| Q3 25 | $-5.4M | $-477.0K | ||
| Q2 25 | $-6.1M | — | ||
| Q1 25 | $-2.1M | — |
| Q4 25 | -252.6% | — | ||
| Q3 25 | -188.8% | -26.1% | ||
| Q2 25 | -370.9% | — | ||
| Q1 25 | -72.0% | — |
| Q4 25 | 5.3% | — | ||
| Q3 25 | 2.6% | 1.8% | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 2.2% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -0.41× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
