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Side-by-side financial comparison of Coya Therapeutics, Inc. (COYA) and Nano Labs Ltd (NA). Click either name above to swap in a different company.

Coya Therapeutics, Inc. is the larger business by last-quarter revenue ($4.0M vs $2.7M, roughly 1.5× Nano Labs Ltd).

Coya Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing innovative regulatory T cell (Treg)-based therapies to address unmet medical needs for patients with neurodegenerative, autoimmune, and inflammatory diseases. Its core pipeline includes lead candidates targeting conditions like amyotrophic lateral sclerosis, with primary planned commercial markets across North America and the European Union.

Weebit Nano is a public semiconductor IP company founded in Israel in 2015 and headquartered in Hod HaSharon, Israel. The company develops Resistive Random-Access Memory technologies. Resistive Random-Access Memory is a specialized form of non-volatile memory (NVM) for the semiconductor industry. The company's products are targeted at a broad range of NVM markets where persistence, performance, and endurance are all required. ReRAM technology can be integrated in electronic devices like weara...

COYA vs NA — Head-to-Head

Bigger by revenue
COYA
COYA
1.5× larger
COYA
$4.0M
$2.7M
NA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COYA
COYA
NA
NA
Revenue
$4.0M
$2.7M
Net Profit
$20.3M
Gross Margin
Operating Margin
Net Margin
754.5%
Revenue YoY
202768.8%
Net Profit YoY
-95.8%
EPS (diluted)
$1.03

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
COYA
COYA
NA
NA
Q4 25
$4.0M
$2.7M
Q3 25
$3.6M
Q2 25
$1.2M
Q3 24
$0
Q2 24
$3.4M
$3.5M
Net Profit
COYA
COYA
NA
NA
Q4 25
$20.3M
Q3 25
$-2.1M
Q2 25
$-985.5K
Q3 24
$-4.0M
Q2 24
$-2.9M
$-8.0M
Gross Margin
COYA
COYA
NA
NA
Q4 25
Q3 25
Q2 25
Q3 24
Q2 24
0.1%
Operating Margin
COYA
COYA
NA
NA
Q4 25
Q3 25
-68.3%
Q2 25
-459.2%
Q3 24
Q2 24
-94.5%
-237.2%
Net Margin
COYA
COYA
NA
NA
Q4 25
754.5%
Q3 25
-59.4%
Q2 25
-85.2%
Q3 24
Q2 24
-84.4%
-231.3%
EPS (diluted)
COYA
COYA
NA
NA
Q4 25
$1.03
Q3 25
$-0.13
Q2 25
$-0.06
Q3 24
$-0.26
Q2 24
$-0.19
$-0.12

Balance Sheet & Financial Strength

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

Metric
COYA
COYA
NA
NA
Cash + ST InvestmentsLiquidity on hand
$46.8M
$4.9M
Total DebtLower is stronger
$24.5M
Stockholders' EquityBook value
$43.0M
$106.5M
Total Assets
$50.0M
$159.3M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COYA
COYA
NA
NA
Q4 25
$46.8M
$4.9M
Q3 25
$28.1M
Q2 25
$50.8M
Q3 24
$31.1M
Q2 24
$36.6M
$3.3M
Total Debt
COYA
COYA
NA
NA
Q4 25
$24.5M
Q3 25
Q2 25
$24.8M
Q3 24
Q2 24
$22.5M
Stockholders' Equity
COYA
COYA
NA
NA
Q4 25
$43.0M
$106.5M
Q3 25
$27.3M
Q2 25
$86.8M
Q3 24
$32.0M
Q2 24
$35.3M
$-5.1M
Total Assets
COYA
COYA
NA
NA
Q4 25
$50.0M
$159.3M
Q3 25
$32.0M
Q2 25
$206.4M
Q3 24
$35.6M
Q2 24
$39.9M
$51.2M
Debt / Equity
COYA
COYA
NA
NA
Q4 25
0.23×
Q3 25
Q2 25
0.29×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
COYA
COYA
NA
NA
Operating Cash FlowLast quarter
$-10.7M
$-8.3M
Free Cash FlowOCF − Capex
$-8.4M
FCF MarginFCF / Revenue
-312.3%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COYA
COYA
NA
NA
Q4 25
$-10.7M
$-8.3M
Q3 25
$-1.1M
Q2 25
$-7.1M
Q3 24
$-5.5M
Q2 24
$-4.6M
$-10.8M
Free Cash Flow
COYA
COYA
NA
NA
Q4 25
$-8.4M
Q3 25
Q2 25
$-7.2M
Q3 24
Q2 24
$-15.4M
FCF Margin
COYA
COYA
NA
NA
Q4 25
-312.3%
Q3 25
Q2 25
-620.3%
Q3 24
Q2 24
-443.4%
Capex Intensity
COYA
COYA
NA
NA
Q4 25
2.9%
Q3 25
Q2 25
7.2%
Q3 24
Q2 24
133.1%
Cash Conversion
COYA
COYA
NA
NA
Q4 25
-0.41×
Q3 25
Q2 25
Q3 24
Q2 24

Financial Flow Comparison

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

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