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Side-by-side financial comparison of BioXcel Therapeutics, Inc. (BTAI) and Lottery.com Inc. (SEGG). Click either name above to swap in a different company.

BioXcel Therapeutics, Inc. is the larger business by last-quarter revenue ($256.0K vs $137.7K, roughly 1.9× Lottery.com Inc.). Lottery.com Inc. runs the higher net margin — -3226.2% vs -4900.4%, a 1674.2% gap on every dollar of revenue. On growth, BioXcel Therapeutics, Inc. posted the faster year-over-year revenue change (-30.1% vs -31.4%). Over the past eight quarters, BioXcel Therapeutics, Inc.'s revenue compounded faster (-33.7% CAGR vs -84.1%).

BioXcel Therapeutics, Inc. is a clinical-stage biopharmaceutical firm that leverages artificial intelligence to accelerate drug discovery and development. Its core focus is on neuroscience and immuno-oncology therapies addressing unmet medical needs, primarily serving markets in North America with candidates targeting rare and hard-to-treat conditions.

The Lottery Office is an Australian online lottery operator licensed by the Government of the Northern Territory and allows Australians and New Zealanders to play to win from the draws of the largest lotteries in the world, including US Powerball and Mega Millions. Its parent company, Global Players Network Pty Ltd (GPN), has been licensed and regulated to operate lotteries since 2003.

BTAI vs SEGG — Head-to-Head

Bigger by revenue
BTAI
BTAI
1.9× larger
BTAI
$256.0K
$137.7K
SEGG
Growing faster (revenue YoY)
BTAI
BTAI
+1.3% gap
BTAI
-30.1%
-31.4%
SEGG
Higher net margin
SEGG
SEGG
1674.2% more per $
SEGG
-3226.2%
-4900.4%
BTAI
Faster 2-yr revenue CAGR
BTAI
BTAI
Annualised
BTAI
-33.7%
-84.1%
SEGG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BTAI
BTAI
SEGG
SEGG
Revenue
$256.0K
$137.7K
Net Profit
$-12.5M
$-4.4M
Gross Margin
87.5%
Operating Margin
-4016.4%
-3308.9%
Net Margin
-4900.4%
-3226.2%
Revenue YoY
-30.1%
-31.4%
Net Profit YoY
-15.5%
44.0%
EPS (diluted)
$0.40
$-1.19

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
BTAI
BTAI
SEGG
SEGG
Q4 25
$256.0K
Q3 25
$98.0K
$137.7K
Q2 25
$120.0K
$191.8K
Q1 25
$168.0K
$223.8K
Q4 24
$366.0K
$348.8K
Q3 24
$214.0K
$200.7K
Q2 24
$1.1M
$257.0K
Q1 24
$582.0K
$259.3K
Net Profit
BTAI
BTAI
SEGG
SEGG
Q4 25
$-12.5M
Q3 25
$-30.9M
$-4.4M
Q2 25
$-19.2M
$-3.9M
Q1 25
$-7.3M
$-3.3M
Q4 24
$-10.9M
Q3 24
$-13.7M
$-7.9M
Q2 24
$-8.3M
$-5.9M
Q1 24
$-26.8M
$-5.6M
Gross Margin
BTAI
BTAI
SEGG
SEGG
Q4 25
87.5%
Q3 25
88.8%
Q2 25
10.8%
15.1%
Q1 25
91.7%
27.4%
Q4 24
-127.0%
69.8%
Q3 24
-446.7%
57.0%
Q2 24
94.4%
82.3%
Q1 24
86.3%
67.7%
Operating Margin
BTAI
BTAI
SEGG
SEGG
Q4 25
-4016.4%
Q3 25
-14518.4%
-3308.9%
Q2 25
-13210.0%
-2058.5%
Q1 25
-6011.3%
-1554.6%
Q4 24
-2866.9%
Q3 24
-7146.3%
-1824.1%
Q2 24
-1566.7%
-2291.7%
Q1 24
-4151.7%
-2157.5%
Net Margin
BTAI
BTAI
SEGG
SEGG
Q4 25
-4900.4%
Q3 25
-31541.8%
-3226.2%
Q2 25
-15989.2%
-2022.3%
Q1 25
-4317.9%
-1477.1%
Q4 24
-2966.9%
Q3 24
-6378.5%
-3954.0%
Q2 24
-751.7%
-2288.0%
Q1 24
-4603.3%
-2157.3%
EPS (diluted)
BTAI
BTAI
SEGG
SEGG
Q4 25
$0.40
Q3 25
$-2.18
$-1.19
Q2 25
$-2.45
$-0.13
Q1 25
$-1.50
$-0.14
Q4 24
$-1.17
Q3 24
$-5.15
$-7.86
Q2 24
$-3.30
$-1.12
Q1 24
$-13.89
$-1.40

Balance Sheet & Financial Strength

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

Metric
BTAI
BTAI
SEGG
SEGG
Cash + ST InvestmentsLiquidity on hand
$28.4M
$320.6K
Total DebtLower is stronger
$109.6M
Stockholders' EquityBook value
$-95.5M
$32.9M
Total Assets
$44.9M
$73.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTAI
BTAI
SEGG
SEGG
Q4 25
$28.4M
Q3 25
$36.2M
$320.6K
Q2 25
$17.4M
$262.6K
Q1 25
$31.0M
$468.7K
Q4 24
$29.9M
$68.0K
Q3 24
$40.4M
$60.5K
Q2 24
$56.3M
$28.0K
Q1 24
$74.1M
$84.0K
Total Debt
BTAI
BTAI
SEGG
SEGG
Q4 25
$109.6M
Q3 25
$109.1M
Q2 25
$108.7M
Q1 25
$105.5M
Q4 24
$102.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BTAI
BTAI
SEGG
SEGG
Q4 25
$-95.5M
Q3 25
$-88.9M
$32.9M
Q2 25
$-107.7M
$19.8M
Q1 25
$-90.2M
$19.9M
Q4 24
$-93.1M
$20.5M
Q3 24
$-85.6M
$25.7M
Q2 24
$-74.3M
$30.7M
Q1 24
$-72.4M
$32.5M
Total Assets
BTAI
BTAI
SEGG
SEGG
Q4 25
$44.9M
Q3 25
$44.8M
$73.4M
Q2 25
$25.8M
$53.1M
Q1 25
$38.6M
$53.4M
Q4 24
$38.3M
$52.9M
Q3 24
$48.9M
$58.4M
Q2 24
$65.4M
$62.1M
Q1 24
$82.3M
$63.1M

Cash Flow & Capital Efficiency

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

Metric
BTAI
BTAI
SEGG
SEGG
Operating Cash FlowLast quarter
$-14.2M
$-4.1M
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
BTAI
BTAI
SEGG
SEGG
Q4 25
$-14.2M
Q3 25
$-18.8M
$-4.1M
Q2 25
$-12.6M
$-3.2M
Q1 25
$-12.0M
$924.9K
Q4 24
$-14.8M
$-1.5M
Q3 24
$-16.3M
$2.4M
Q2 24
$-23.2M
$-368.1K
Q1 24
$-17.7M
$-1.1M
Capex Intensity
BTAI
BTAI
SEGG
SEGG
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24

Financial Flow Comparison

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

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