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Side-by-side financial comparison of Atai Beckley N.V. (ATAI) and Iveda Solutions, Inc. (IVDA). Click either name above to swap in a different company.

Atai Beckley N.V. is the larger business by last-quarter revenue ($749.0K vs $626.0K, roughly 1.2× Iveda Solutions, Inc.). Iveda Solutions, Inc. runs the higher net margin — -258.6% vs -8154.1%, a 7895.5% gap on every dollar of revenue. On growth, Atai Beckley N.V. posted the faster year-over-year revenue change (1772.5% vs -64.1%). Over the past eight quarters, Atai Beckley N.V.'s revenue compounded faster (545.1% CAGR vs 34.4%).

atai Life Sciences is a pharmaceutical company that is developing psychedelics, other hallucinogens, entactogens, and related drugs for treatment of psychiatric conditions. It was founded in 2018 and is headquartered in Berlin, Germany.

Iveda Solutions, Inc. is a technology provider specializing in cloud-based AI video surveillance, IoT-enabled smart sensing, and integrated smart city solutions. It serves public sector, enterprise, and education clients across North America and Asia, with core offerings covering remote security monitoring, smart facility management, and real-time data analysis tools for public safety use cases.

ATAI vs IVDA — Head-to-Head

Bigger by revenue
ATAI
ATAI
1.2× larger
ATAI
$749.0K
$626.0K
IVDA
Growing faster (revenue YoY)
ATAI
ATAI
+1836.6% gap
ATAI
1772.5%
-64.1%
IVDA
Higher net margin
IVDA
IVDA
7895.5% more per $
IVDA
-258.6%
-8154.1%
ATAI
Faster 2-yr revenue CAGR
ATAI
ATAI
Annualised
ATAI
545.1%
34.4%
IVDA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ATAI
ATAI
IVDA
IVDA
Revenue
$749.0K
$626.0K
Net Profit
$-61.1M
$-1.6M
Gross Margin
3.6%
Operating Margin
-3796.5%
-262.7%
Net Margin
-8154.1%
-258.6%
Revenue YoY
1772.5%
-64.1%
Net Profit YoY
-132.3%
-7.1%
EPS (diluted)
$-0.28
$-0.33

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
ATAI
ATAI
IVDA
IVDA
Q4 25
$626.0K
Q3 25
$749.0K
$1.7M
Q2 25
$719.0K
$1.5M
Q1 25
$1.6M
$1.5M
Q4 24
$-5.0K
$1.7M
Q3 24
$40.0K
$2.4M
Q2 24
$273.0K
$1.5M
Q1 24
$0
$346.8K
Net Profit
ATAI
ATAI
IVDA
IVDA
Q4 25
$-1.6M
Q3 25
$-61.1M
$-221.3K
Q2 25
$-27.7M
$-564.2K
Q1 25
$-26.4M
$-793.7K
Q4 24
$-39.0M
$-1.5M
Q3 24
$-26.3M
$-581.4K
Q2 24
$-57.3M
$-599.0K
Q1 24
$-26.7M
$-1.3M
Gross Margin
ATAI
ATAI
IVDA
IVDA
Q4 25
3.6%
Q3 25
31.3%
Q2 25
29.1%
Q1 25
19.5%
Q4 24
11.9%
Q3 24
17.1%
Q2 24
32.7%
Q1 24
52.5%
Operating Margin
ATAI
ATAI
IVDA
IVDA
Q4 25
-262.7%
Q3 25
-3796.5%
-13.0%
Q2 25
-3515.0%
-34.8%
Q1 25
-1310.0%
-56.7%
Q4 24
605500.0%
-87.3%
Q3 24
-56505.0%
-25.4%
Q2 24
-9424.5%
-39.7%
Q1 24
-384.1%
Net Margin
ATAI
ATAI
IVDA
IVDA
Q4 25
-258.6%
Q3 25
-8154.1%
-13.4%
Q2 25
-3856.6%
-36.9%
Q1 25
-1699.7%
-53.8%
Q4 24
779160.0%
-86.7%
Q3 24
-65715.0%
-24.2%
Q2 24
-20993.4%
-39.0%
Q1 24
-371.9%
EPS (diluted)
ATAI
ATAI
IVDA
IVDA
Q4 25
$-0.33
Q3 25
$-0.28
$-0.07
Q2 25
$-0.14
$-0.20
Q1 25
$-0.15
$-0.28
Q4 24
$-0.24
$-0.60
Q3 24
$-0.16
$-0.27
Q2 24
$-0.36
$-0.30
Q1 24
$-0.17
$-0.64

Balance Sheet & Financial Strength

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

Metric
ATAI
ATAI
IVDA
IVDA
Cash + ST InvestmentsLiquidity on hand
$30.4M
$5.2M
Total DebtLower is stronger
$0
$393.4K
Stockholders' EquityBook value
$159.8M
$4.8M
Total Assets
$239.8M
$6.4M
Debt / EquityLower = less leverage
0.00×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAI
ATAI
IVDA
IVDA
Q4 25
$5.2M
Q3 25
$30.4M
$3.3M
Q2 25
$61.9M
$1.6M
Q1 25
$48.3M
$2.5M
Q4 24
$17.5M
$2.6M
Q3 24
$30.0M
$3.6M
Q2 24
$19.3M
$2.9M
Q1 24
$18.9M
$3.9M
Total Debt
ATAI
ATAI
IVDA
IVDA
Q4 25
$393.4K
Q3 25
$0
$306.4K
Q2 25
$0
$365.3K
Q1 25
$9.3M
$340.8K
Q4 24
$14.1M
$376.2K
Q3 24
$20.3M
$545.9K
Q2 24
$15.2M
$564.0K
Q1 24
$15.1M
$480.0K
Stockholders' Equity
ATAI
ATAI
IVDA
IVDA
Q4 25
$4.8M
Q3 25
$159.8M
$3.8M
Q2 25
$143.7M
$1.5M
Q1 25
$152.1M
$1.7M
Q4 24
$116.3M
$2.5M
Q3 24
$145.7M
$4.1M
Q2 24
$167.9M
$2.8M
Q1 24
$222.5M
$3.3M
Total Assets
ATAI
ATAI
IVDA
IVDA
Q4 25
$6.4M
Q3 25
$239.8M
$5.8M
Q2 25
$189.2M
$4.4M
Q1 25
$195.8M
$4.5M
Q4 24
$159.4M
$5.2M
Q3 24
$197.5M
$9.1M
Q2 24
$215.8M
$6.8M
Q1 24
$269.1M
$6.6M
Debt / Equity
ATAI
ATAI
IVDA
IVDA
Q4 25
0.08×
Q3 25
0.00×
0.08×
Q2 25
0.00×
0.25×
Q1 25
0.06×
0.20×
Q4 24
0.12×
0.15×
Q3 24
0.14×
0.13×
Q2 24
0.09×
0.20×
Q1 24
0.07×
0.14×

Cash Flow & Capital Efficiency

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

Metric
ATAI
ATAI
IVDA
IVDA
Operating Cash FlowLast quarter
$-23.3M
$-252.4K
Free Cash FlowOCF − Capex
$-23.7M
FCF MarginFCF / Revenue
-3158.5%
Capex IntensityCapex / Revenue
52.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-80.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAI
ATAI
IVDA
IVDA
Q4 25
$-252.4K
Q3 25
$-23.3M
$-317.0K
Q2 25
$-14.1M
$-1.3M
Q1 25
$-17.8M
$-126.0K
Q4 24
$-24.3M
$-889.8K
Q3 24
$-19.3M
$-1.2M
Q2 24
$-16.2M
$-999.7K
Q1 24
$-22.6M
$-1.3M
Free Cash Flow
ATAI
ATAI
IVDA
IVDA
Q4 25
Q3 25
$-23.7M
Q2 25
$-14.2M
Q1 25
$-18.1M
Q4 24
$-24.3M
$-889.8K
Q3 24
$-1.5M
Q2 24
$-1.1M
Q1 24
$-1.5M
FCF Margin
ATAI
ATAI
IVDA
IVDA
Q4 25
Q3 25
-3158.5%
Q2 25
-1977.9%
Q1 25
-1164.6%
Q4 24
486020.0%
-51.1%
Q3 24
-64.1%
Q2 24
-72.6%
Q1 24
-427.3%
Capex Intensity
ATAI
ATAI
IVDA
IVDA
Q4 25
Q3 25
52.9%
Q2 25
17.7%
Q1 25
17.2%
Q4 24
-120.0%
0.0%
Q3 24
0.0%
12.5%
Q2 24
0.0%
7.5%
Q1 24
54.3%

Financial Flow Comparison

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

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