vs
Side-by-side financial comparison of Ceribell, Inc. (CBLL) and Net Lease Office Properties (NLOP). Click either name above to swap in a different company.
Net Lease Office Properties is the larger business by last-quarter revenue ($30.7M vs $24.8M, roughly 1.2× Ceribell, Inc.). Net Lease Office Properties runs the higher net margin — -0.2% vs -54.6%, a 54.4% 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.
Net Lease Office Properties is a real estate investment entity focused on acquiring, owning, and operating high-quality single-tenant net lease office assets, primarily located across the United States. It delivers stable, long-term income streams to investors through its curated portfolio of commercial real estate holdings.
CBLL vs NLOP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $24.8M | $30.7M |
| Net Profit | $-13.5M | $-53.0K |
| Gross Margin | 87.3% | — |
| Operating Margin | -58.9% | -0.2% |
| Net Margin | -54.6% | -0.2% |
| Revenue YoY | — | 10.9% |
| Net Profit YoY | — | 99.9% |
| EPS (diluted) | $-0.35 | $-0.01 |
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 | $30.7M | ||
| Q3 25 | $22.6M | $29.8M | ||
| Q2 25 | $21.2M | $29.2M | ||
| Q1 25 | $20.5M | $29.2M | ||
| Q4 24 | — | $27.7M | ||
| Q3 24 | $17.2M | $31.5M | ||
| Q2 24 | — | $39.0M | ||
| Q1 24 | — | $44.0M |
| Q4 25 | $-13.5M | $-53.0K | ||
| Q3 25 | $-13.5M | $-64.2M | ||
| Q2 25 | $-13.6M | $-81.5M | ||
| Q1 25 | $-12.8M | $492.0K | ||
| Q4 24 | — | $-35.8M | ||
| Q3 24 | $-10.4M | $-40.3M | ||
| Q2 24 | — | $12.5M | ||
| Q1 24 | — | $-27.8M |
| Q4 25 | 87.3% | — | ||
| Q3 25 | 88.3% | — | ||
| Q2 25 | 88.1% | — | ||
| Q1 25 | 87.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 87.3% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -58.9% | -0.2% | ||
| Q3 25 | -64.8% | -215.2% | ||
| Q2 25 | -70.5% | -279.1% | ||
| Q1 25 | -69.3% | 2.0% | ||
| Q4 24 | — | -140.7% | ||
| Q3 24 | -57.8% | -126.4% | ||
| Q2 24 | — | 32.3% | ||
| Q1 24 | — | -62.7% |
| Q4 25 | -54.6% | -0.2% | ||
| Q3 25 | -59.6% | -215.4% | ||
| Q2 25 | -64.4% | -279.5% | ||
| Q1 25 | -62.4% | 1.7% | ||
| Q4 24 | — | -129.0% | ||
| Q3 24 | -60.6% | -128.0% | ||
| Q2 24 | — | 31.9% | ||
| Q1 24 | — | -63.3% |
| Q4 25 | $-0.35 | $-0.01 | ||
| Q3 25 | $-0.37 | $-4.33 | ||
| Q2 25 | $-0.38 | $-5.50 | ||
| Q1 25 | $-0.36 | $0.03 | ||
| Q4 24 | — | $-2.41 | ||
| Q3 24 | $-1.85 | $-2.73 | ||
| Q2 24 | — | $0.84 | ||
| Q1 24 | — | $-1.88 |
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 | $119.6M |
| Total DebtLower is stronger | — | $21.9M |
| Stockholders' EquityBook value | $155.3M | $293.9M |
| Total Assets | $195.8M | $453.4M |
| Debt / EquityLower = less leverage | — | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $159.3M | $119.6M | ||
| Q3 25 | $168.5M | $38.7M | ||
| Q2 25 | $177.4M | $54.1M | ||
| Q1 25 | $182.7M | $28.2M | ||
| Q4 24 | — | $25.1M | ||
| Q3 24 | $14.1M | $36.1M | ||
| Q2 24 | — | $36.1M | ||
| Q1 24 | — | $39.8M |
| Q4 25 | — | $21.9M | ||
| Q3 25 | — | $47.1M | ||
| Q2 25 | — | $117.2M | ||
| Q1 25 | — | $148.5M | ||
| Q4 24 | — | $169.2M | ||
| Q3 24 | — | $239.4M | ||
| Q2 24 | — | $327.4M | ||
| Q1 24 | — | $515.2M |
| Q4 25 | $155.3M | $293.9M | ||
| Q3 25 | $164.1M | $430.3M | ||
| Q2 25 | $172.2M | $500.0M | ||
| Q1 25 | $180.9M | $582.1M | ||
| Q4 24 | — | $581.2M | ||
| Q3 24 | $-136.0M | $621.9M | ||
| Q2 24 | — | $660.3M | ||
| Q1 24 | — | $647.2M |
| Q4 25 | $195.8M | $453.4M | ||
| Q3 25 | $199.5M | $522.6M | ||
| Q2 25 | $207.7M | $668.7M | ||
| Q1 25 | $213.5M | $784.1M | ||
| Q4 24 | — | $805.1M | ||
| Q3 24 | $47.1M | $919.9M | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.11× | ||
| Q2 25 | — | 0.23× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.50× | ||
| Q1 24 | — | 0.80× |
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 | $64.1M |
| 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 | $64.1M | ||
| Q3 25 | $-11.1M | $16.3M | ||
| Q2 25 | $-7.5M | $11.7M | ||
| Q1 25 | $-11.4M | $14.1M | ||
| Q4 24 | — | $71.9M | ||
| Q3 24 | — | $20.3M | ||
| Q2 24 | — | $14.7M | ||
| Q1 24 | — | $26.4M |
| Q4 25 | $-11.0M | — | ||
| Q3 25 | $-11.5M | — | ||
| Q2 25 | $-7.6M | — | ||
| Q1 25 | $-11.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -44.2% | — | ||
| Q3 25 | -50.8% | — | ||
| Q2 25 | -35.9% | — | ||
| Q1 25 | -56.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 28.70× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.18× | ||
| Q1 24 | — | — |
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% |
NLOP
Segment breakdown not available.
