vs

Side-by-side financial comparison of Sphere 3D Corp. (ANY) and Ensysce Biosciences, Inc. (ENSC). Click either name above to swap in a different company.

Sphere 3D Corp. is the larger business by last-quarter revenue ($2.7M vs $1.9M, roughly 1.4× Ensysce Biosciences, Inc.). On growth, Ensysce Biosciences, Inc. posted the faster year-over-year revenue change (44.4% vs 3.1%). Over the past eight quarters, Ensysce Biosciences, Inc.'s revenue compounded faster (107.9% CAGR vs -37.4%).

Sphere 3D Corp is a global technology company specializing in cloud computing, data management, and virtualization solutions. It delivers enterprise-grade products and services tailored for small to medium-sized businesses, large enterprise clients, and public sector entities, focusing on optimizing IT infrastructure efficiency and cutting operational costs for end users.

Ensysce Biosciences, Inc. is a clinical-stage biotechnology firm specializing in developing innovative prodrug therapies for pain management and oncology indications. Its proprietary platform is designed to reduce opioid abuse risks while enhancing treatment efficacy, targeting global healthcare and pharmaceutical markets with a focus on unmet clinical needs.

ANY vs ENSC — Head-to-Head

Bigger by revenue
ANY
ANY
1.4× larger
ANY
$2.7M
$1.9M
ENSC
Growing faster (revenue YoY)
ENSC
ENSC
+41.3% gap
ENSC
44.4%
3.1%
ANY
Faster 2-yr revenue CAGR
ENSC
ENSC
Annualised
ENSC
107.9%
-37.4%
ANY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANY
ANY
ENSC
ENSC
Revenue
$2.7M
$1.9M
Net Profit
$-2.8M
Gross Margin
Operating Margin
-372.7%
-147.8%
Net Margin
-147.0%
Revenue YoY
3.1%
44.4%
Net Profit YoY
22.3%
EPS (diluted)
$-6.96
$-0.51

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
ANY
ANY
ENSC
ENSC
Q4 25
$2.7M
$1.9M
Q3 25
$2.6M
$493.1K
Q2 25
$3.0M
$1.4M
Q1 25
$2.8M
$1.3M
Q4 24
$2.6M
$1.3M
Q3 24
$2.4M
$3.4M
Q2 24
$4.7M
Q1 24
$6.9M
Net Profit
ANY
ANY
ENSC
ENSC
Q4 25
$-2.8M
Q3 25
$-4.2M
$-3.7M
Q2 25
$1.7M
$-1.7M
Q1 25
$-8.8M
$-1.9M
Q4 24
$-3.6M
Q3 24
$104.0K
$661.8K
Q2 24
$2.1M
Q1 24
$-4.5M
Gross Margin
ANY
ANY
ENSC
ENSC
Q4 25
Q3 25
25.4%
Q2 25
23.8%
Q1 25
22.1%
Q4 24
Q3 24
-16.0%
Q2 24
15.2%
Q1 24
38.0%
Operating Margin
ANY
ANY
ENSC
ENSC
Q4 25
-372.7%
-147.8%
Q3 25
-153.8%
-758.7%
Q2 25
-87.0%
-127.6%
Q1 25
-184.2%
-149.1%
Q4 24
-328.7%
-274.3%
Q3 24
-218.8%
18.9%
Q2 24
-122.4%
Q1 24
-26.9%
Net Margin
ANY
ANY
ENSC
ENSC
Q4 25
-147.0%
Q3 25
-162.0%
-756.3%
Q2 25
55.2%
-126.4%
Q1 25
-311.9%
-147.4%
Q4 24
-273.4%
Q3 24
4.4%
19.4%
Q2 24
45.5%
Q1 24
-64.5%
EPS (diluted)
ANY
ANY
ENSC
ENSC
Q4 25
$-6.96
$-0.51
Q3 25
$-0.15
$-1.29
Q2 25
$0.06
$-0.79
Q1 25
$-0.32
$-1.39
Q4 24
$-4.62
$-0.89
Q3 24
$0.01
$1.00
Q2 24
$0.10
Q1 24
$-0.27

Balance Sheet & Financial Strength

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

Metric
ANY
ANY
ENSC
ENSC
Cash + ST InvestmentsLiquidity on hand
$3.7M
$4.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$23.3M
$3.2M
Total Assets
$25.1M
$7.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANY
ANY
ENSC
ENSC
Q4 25
$3.7M
$4.3M
Q3 25
$5.3M
$1.7M
Q2 25
$4.7M
$2.2M
Q1 25
$2.8M
$3.1M
Q4 24
$5.4M
$3.5M
Q3 24
$5.0M
$4.2M
Q2 24
$4.3M
Q1 24
$9.3M
Stockholders' Equity
ANY
ANY
ENSC
ENSC
Q4 25
$23.3M
$3.2M
Q3 25
$29.5M
$1.2M
Q2 25
$32.7M
$3.4M
Q1 25
$30.7M
$3.0M
Q4 24
$39.3M
$3.7M
Q3 24
$35.8M
$6.9M
Q2 24
$33.4M
Q1 24
$27.5M
Total Assets
ANY
ANY
ENSC
ENSC
Q4 25
$25.1M
$7.5M
Q3 25
$31.1M
$3.2M
Q2 25
$34.4M
$5.6M
Q1 25
$34.3M
$4.6M
Q4 24
$43.2M
$5.6M
Q3 24
$44.3M
$9.4M
Q2 24
$44.0M
Q1 24
$42.0M

Cash Flow & Capital Efficiency

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

Metric
ANY
ANY
ENSC
ENSC
Operating Cash FlowLast quarter
$-16.1M
$-1.5M
Free Cash FlowOCF − Capex
$-23.6M
FCF MarginFCF / Revenue
-867.3%
Capex IntensityCapex / Revenue
275.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-40.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANY
ANY
ENSC
ENSC
Q4 25
$-16.1M
$-1.5M
Q3 25
$-3.5M
$-1.9M
Q2 25
$-5.8M
$-2.7M
Q1 25
$-4.1M
$-1.7M
Q4 24
$-4.6M
$-764.1K
Q3 24
$290.0K
$-1.0M
Q2 24
$-3.3M
Q1 24
$-58.0K
Free Cash Flow
ANY
ANY
ENSC
ENSC
Q4 25
$-23.6M
Q3 25
$-5.7M
Q2 25
$-6.0M
Q1 25
$-5.1M
Q4 24
$-13.5M
Q3 24
$-4.3M
Q2 24
Q1 24
FCF Margin
ANY
ANY
ENSC
ENSC
Q4 25
-867.3%
Q3 25
-218.7%
Q2 25
-200.5%
Q1 25
-181.2%
Q4 24
-511.9%
Q3 24
-184.4%
Q2 24
Q1 24
Capex Intensity
ANY
ANY
ENSC
ENSC
Q4 25
275.4%
Q3 25
86.5%
Q2 25
6.6%
Q1 25
36.4%
Q4 24
338.7%
Q3 24
196.7%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
ANY
ANY
ENSC
ENSC
Q4 25
Q3 25
Q2 25
-3.51×
Q1 25
Q4 24
Q3 24
2.79×
-1.54×
Q2 24
-1.55×
Q1 24

Financial Flow Comparison

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

Related Comparisons