vs

Side-by-side financial comparison of CAPRICOR THERAPEUTICS, INC. (CAPR) and Recon Technology, Ltd (RCON). Click either name above to swap in a different company.

Recon Technology, Ltd is the larger business by last-quarter revenue ($12.2M vs $11.1M, roughly 1.1× CAPRICOR THERAPEUTICS, INC.). Recon Technology, Ltd runs the higher net margin — -6.8% vs -63.9%, a 57.1% gap on every dollar of revenue. On growth, Recon Technology, Ltd posted the faster year-over-year revenue change (111.0% vs -7.9%).

Capricor Therapeutics is a clinical-stage biotechnology company focused on discovering, developing and commercializing innovative biological therapies including cell and gene therapies for rare diseases, cardiovascular disorders and muscular conditions. It primarily operates in the U.S. market, addressing unmet medical needs for patient groups with limited treatment options.

Recon Instruments Inc. was a Canadian technology company that produced smartglasses and wearable displays marketed by the company as "heads-up displays" for sports. Recon's products delivered live activity metrics, GPS maps, and notifications directly to the user's eye. Recon's first heads-up display offering was released commercially in October 2010, roughly a year and a half before Google introduced Google Glass.

CAPR vs RCON — Head-to-Head

Bigger by revenue
RCON
RCON
1.1× larger
RCON
$12.2M
$11.1M
CAPR
Growing faster (revenue YoY)
RCON
RCON
+118.9% gap
RCON
111.0%
-7.9%
CAPR
Higher net margin
RCON
RCON
57.1% more per $
RCON
-6.8%
-63.9%
CAPR

Income Statement — Q4 FY2024 vs Q2 FY2026

Metric
CAPR
CAPR
RCON
RCON
Revenue
$11.1M
$12.2M
Net Profit
$-7.1M
$-832.7K
Gross Margin
33.5%
Operating Margin
-69.1%
-14.6%
Net Margin
-63.9%
-6.8%
Revenue YoY
-7.9%
111.0%
Net Profit YoY
-833.8%
70.5%
EPS (diluted)
$-0.11
$-0.09

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
CAPR
CAPR
RCON
RCON
Q4 25
$12.2M
Q4 24
$11.1M
$5.8M
Q3 24
$2.3M
Q2 24
$4.0M
Q1 24
$4.9M
Q4 23
$12.1M
$6.4M
Q3 23
$6.2M
Q2 23
$3.9M
Net Profit
CAPR
CAPR
RCON
RCON
Q4 25
$-832.7K
Q4 24
$-7.1M
$-2.8M
Q3 24
$-12.6M
Q2 24
$-11.0M
Q1 24
$-9.8M
Q4 23
$-762.1K
$-3.2M
Q3 23
$-6.4M
Q2 23
$-7.4M
Gross Margin
CAPR
CAPR
RCON
RCON
Q4 25
33.5%
Q4 24
31.7%
Q3 24
Q2 24
Q1 24
Q4 23
26.7%
Q3 23
Q2 23
Operating Margin
CAPR
CAPR
RCON
RCON
Q4 25
-14.6%
Q4 24
-69.1%
-63.9%
Q3 24
-575.2%
Q2 24
-291.9%
Q1 24
-209.2%
Q4 23
-10.6%
-50.4%
Q3 23
-111.0%
Q2 23
-197.8%
Net Margin
CAPR
CAPR
RCON
RCON
Q4 25
-6.8%
Q4 24
-63.9%
-48.9%
Q3 24
-555.2%
Q2 24
-277.0%
Q1 24
-199.6%
Q4 23
-6.3%
-49.8%
Q3 23
-103.3%
Q2 23
-188.0%
EPS (diluted)
CAPR
CAPR
RCON
RCON
Q4 25
$-0.09
Q4 24
$-0.11
$-0.31
Q3 24
$-0.38
Q2 24
$-0.35
Q1 24
$-0.31
Q4 23
$0.02
$-1.16
Q3 23
$-0.25
Q2 23
$-0.29

Balance Sheet & Financial Strength

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

Metric
CAPR
CAPR
RCON
RCON
Cash + ST InvestmentsLiquidity on hand
$151.5M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$145.5M
$66.4M
Total Assets
$170.5M
$77.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAPR
CAPR
RCON
RCON
Q4 25
$10.7M
Q4 24
$151.5M
$19.9M
Q3 24
$85.0M
Q2 24
$29.5M
Q1 24
$39.9M
Q4 23
$39.5M
$36.0M
Q3 23
$28.5M
Q2 23
$37.8M
Stockholders' Equity
CAPR
CAPR
RCON
RCON
Q4 25
$66.4M
Q4 24
$145.5M
$66.9M
Q3 24
$68.3M
Q2 24
$11.5M
Q1 24
$18.4M
Q4 23
$22.6M
$60.0M
Q3 23
$-1.8M
Q2 23
$2.7M
Total Assets
CAPR
CAPR
RCON
RCON
Q4 25
$77.6M
Q4 24
$170.5M
$74.2M
Q3 24
$93.0M
Q2 24
$38.3M
Q1 24
$49.4M
Q4 23
$58.7M
$68.1M
Q3 23
$37.2M
Q2 23
$46.0M

Cash Flow & Capital Efficiency

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

Metric
CAPR
CAPR
RCON
RCON
Operating Cash FlowLast quarter
$-14.8M
$-1.9M
Free Cash FlowOCF − Capex
$-15.3M
FCF MarginFCF / Revenue
-137.3%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-41.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAPR
CAPR
RCON
RCON
Q4 25
$-1.9M
Q4 24
$-14.8M
$-1.7M
Q3 24
$-11.6M
Q2 24
$-12.3M
Q1 24
$-1.3M
Q4 23
$-11.6M
$-931.0K
Q3 23
$-8.8M
Q2 23
$-9.4M
Free Cash Flow
CAPR
CAPR
RCON
RCON
Q4 25
Q4 24
$-15.3M
Q3 24
$-11.7M
Q2 24
$-12.3M
Q1 24
$-1.9M
Q4 23
$-12.2M
Q3 23
$-9.1M
Q2 23
$-9.6M
FCF Margin
CAPR
CAPR
RCON
RCON
Q4 25
Q4 24
-137.3%
Q3 24
-515.2%
Q2 24
-310.9%
Q1 24
-38.3%
Q4 23
-100.5%
Q3 23
-146.5%
Q2 23
-243.9%
Capex Intensity
CAPR
CAPR
RCON
RCON
Q4 25
Q4 24
4.4%
Q3 24
0.4%
Q2 24
1.5%
Q1 24
12.4%
Q4 23
4.6%
Q3 23
4.4%
Q2 23
3.5%

Financial Flow Comparison

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

Related Comparisons