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Side-by-side financial comparison of Ceribell, Inc. (CBLL) and Guardforce AI Co., Ltd. (GFAI). Click either name above to swap in a different company.
Ceribell, Inc. is the larger business by last-quarter revenue ($24.8M vs $18.0M, roughly 1.4× Guardforce AI Co., Ltd.). Ceribell, Inc. runs the higher net margin — -54.6% vs -76.9%, a 22.3% gap on every dollar of revenue.
Ceribell, Inc. develops and commercializes innovative portable neurodiagnostic medical devices, focused on rapid non-invasive electroencephalogram (EEG) solutions for seizure detection. Its core products serve hospital emergency departments, intensive care units, and long-term care facilities, with primary markets across North America and ongoing global expansion efforts.
Guardforce AI Co., Ltd. is a global provider of AI-integrated security solutions. Its core offerings include intelligent surveillance systems, AI-powered access control, autonomous security robots, and smart logistics monitoring services, serving enterprise, retail, financial and public sector clients across Asia, Europe and North America.
CBLL vs GFAI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2023
| Metric | | |
|---|---|---|
| Revenue | $24.8M | $18.0M |
| Net Profit | $-13.5M | $-13.8M |
| Gross Margin | 87.3% | 12.0% |
| Operating Margin | -58.9% | -66.1% |
| Net Margin | -54.6% | -76.9% |
| Revenue YoY | — | 6.3% |
| Net Profit YoY | — | -118.5% |
| EPS (diluted) | $-0.35 | $-4.35 |
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.
| Q4 25 | $24.8M | — | ||
| Q3 25 | $22.6M | — | ||
| Q2 25 | $21.2M | — | ||
| Q1 25 | $20.5M | — | ||
| Q3 24 | $17.2M | — | ||
| Q2 23 | — | $18.0M | ||
| Q2 22 | — | $16.9M |
| Q4 25 | $-13.5M | — | ||
| Q3 25 | $-13.5M | — | ||
| Q2 25 | $-13.6M | — | ||
| Q1 25 | $-12.8M | — | ||
| Q3 24 | $-10.4M | — | ||
| Q2 23 | — | $-13.8M | ||
| Q2 22 | — | $-6.3M |
| Q4 25 | 87.3% | — | ||
| Q3 25 | 88.3% | — | ||
| Q2 25 | 88.1% | — | ||
| Q1 25 | 87.9% | — | ||
| Q3 24 | 87.3% | — | ||
| Q2 23 | — | 12.0% | ||
| Q2 22 | — | 11.5% |
| Q4 25 | -58.9% | — | ||
| Q3 25 | -64.8% | — | ||
| Q2 25 | -70.5% | — | ||
| Q1 25 | -69.3% | — | ||
| Q3 24 | -57.8% | — | ||
| Q2 23 | — | -66.1% | ||
| Q2 22 | — | -32.8% |
| Q4 25 | -54.6% | — | ||
| Q3 25 | -59.6% | — | ||
| Q2 25 | -64.4% | — | ||
| Q1 25 | -62.4% | — | ||
| Q3 24 | -60.6% | — | ||
| Q2 23 | — | -76.9% | ||
| Q2 22 | — | -37.4% |
| Q4 25 | $-0.35 | — | ||
| Q3 25 | $-0.37 | — | ||
| Q2 25 | $-0.38 | — | ||
| Q1 25 | $-0.36 | — | ||
| Q3 24 | $-1.85 | — | ||
| Q2 23 | — | $-4.35 | ||
| Q2 22 | — | $-7.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $159.3M | $24.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $155.3M | $25.0M |
| Total Assets | $195.8M | $64.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $159.3M | — | ||
| Q3 25 | $168.5M | — | ||
| Q2 25 | $177.4M | — | ||
| Q1 25 | $182.7M | — | ||
| Q3 24 | $14.1M | — | ||
| Q2 23 | — | $24.7M | ||
| Q2 22 | — | $7.7M |
| Q4 25 | $155.3M | — | ||
| Q3 25 | $164.1M | — | ||
| Q2 25 | $172.2M | — | ||
| Q1 25 | $180.9M | — | ||
| Q3 24 | $-136.0M | — | ||
| Q2 23 | — | $25.0M | ||
| Q2 22 | — | $29.4M |
| Q4 25 | $195.8M | — | ||
| Q3 25 | $199.5M | — | ||
| Q2 25 | $207.7M | — | ||
| Q1 25 | $213.5M | — | ||
| Q3 24 | $47.1M | — | ||
| Q2 23 | — | $64.1M | ||
| Q2 22 | — | $68.8M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-10.8M | $-1.0M |
| Free Cash FlowOCF − Capex | $-11.0M | — |
| FCF MarginFCF / Revenue | -44.2% | — |
| Capex IntensityCapex / Revenue | 0.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-41.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-10.8M | — | ||
| Q3 25 | $-11.1M | — | ||
| Q2 25 | $-7.5M | — | ||
| Q1 25 | $-11.4M | — | ||
| Q3 24 | — | — | ||
| Q2 23 | — | $-1.0M | ||
| Q2 22 | — | $-13.8M |
| Q4 25 | $-11.0M | — | ||
| Q3 25 | $-11.5M | — | ||
| Q2 25 | $-7.6M | — | ||
| Q1 25 | $-11.6M | — | ||
| Q3 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q4 25 | -44.2% | — | ||
| Q3 25 | -50.8% | — | ||
| Q2 25 | -35.9% | — | ||
| Q1 25 | -56.4% | — | ||
| Q3 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.7% | — | ||
| Q3 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBLL
| Products | $18.8M | 76% |
| Subscription | $6.0M | 24% |
GFAI
Segment breakdown not available.
