vs

Side-by-side financial comparison of ROBO.AI INC. (AIIO) and Lipocine Inc. (LPCN). Click either name above to swap in a different company.

Lipocine Inc. is the larger business by last-quarter revenue ($1.1M vs $864.0K, roughly 1.3× ROBO.AI INC.).

Lipocine Inc is a clinical-stage biopharmaceutical company specializing in the development of hormone-based therapies. Its core product pipeline targets unmet medical needs in men's health, women's health, and liver disease, with primary operations and market focus in the United States. It prioritizes oral formulation innovation to improve patient treatment accessibility and adherence.

AIIO vs LPCN — Head-to-Head

Bigger by revenue
LPCN
LPCN
1.3× larger
LPCN
$1.1M
$864.0K
AIIO

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AIIO
AIIO
LPCN
LPCN
Revenue
$864.0K
$1.1M
Net Profit
$-2.2M
Gross Margin
Operating Margin
-735.9%
Net Margin
-258.8%
Revenue YoY
-67.2%
Net Profit YoY
-233.0%
EPS (diluted)
$-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
AIIO
AIIO
LPCN
LPCN
Q4 25
$1.1M
Q2 25
$864.0K
Q3 24
$0
Q1 24
$7.6M
Net Profit
AIIO
AIIO
LPCN
LPCN
Q4 25
Q2 25
$-2.2M
Q3 24
$-2.2M
Q1 24
$3.5M
Operating Margin
AIIO
AIIO
LPCN
LPCN
Q4 25
Q2 25
-735.9%
Q3 24
Q1 24
42.3%
Net Margin
AIIO
AIIO
LPCN
LPCN
Q4 25
Q2 25
-258.8%
Q3 24
Q1 24
46.1%
EPS (diluted)
AIIO
AIIO
LPCN
LPCN
Q4 25
Q2 25
$-0.01
Q3 24
$-0.44
Q1 24
$0.66

Balance Sheet & Financial Strength

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

Metric
AIIO
AIIO
LPCN
LPCN
Cash + ST InvestmentsLiquidity on hand
$147.0K
$5.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$-65.1M
$14.5M
Total Assets
$34.9M
$17.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIIO
AIIO
LPCN
LPCN
Q4 25
$5.2M
Q2 25
$147.0K
Q3 24
$3.7M
Q1 24
$3.1M
Stockholders' Equity
AIIO
AIIO
LPCN
LPCN
Q4 25
$14.5M
Q2 25
$-65.1M
Q3 24
$19.1M
Q1 24
$24.0M
Total Assets
AIIO
AIIO
LPCN
LPCN
Q4 25
$17.0M
Q2 25
$34.9M
Q3 24
$20.7M
Q1 24
$25.4M

Cash Flow & Capital Efficiency

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

Metric
AIIO
AIIO
LPCN
LPCN
Operating Cash FlowLast quarter
$-1.0M
$-9.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIIO
AIIO
LPCN
LPCN
Q4 25
$-9.8M
Q2 25
$-1.0M
Q3 24
$-2.8M
Q1 24
$2.4M
Cash Conversion
AIIO
AIIO
LPCN
LPCN
Q4 25
Q2 25
Q3 24
Q1 24
0.69×

Financial Flow Comparison

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

Related Comparisons