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Side-by-side financial comparison of Cytosorbents Corp (CTSO) and INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM). Click either name above to swap in a different company.

Cytosorbents Corp is the larger business by last-quarter revenue ($9.2M vs $6.1M, roughly 1.5× INTELLIGENT PROTECTION MANAGEMENT CORP.). On growth, INTELLIGENT PROTECTION MANAGEMENT CORP. posted the faster year-over-year revenue change (2091.6% vs 0.9%). Over the past eight quarters, INTELLIGENT PROTECTION MANAGEMENT CORP.'s revenue compounded faster (54.7% CAGR vs 1.3%).

CytoSorbents Corporation is a publicly traded company located in Princeton, New Jersey.

Intelligent Limited is a Holding Company and Parent company headquartered in Gloucestershire, United Kingdom and was incorporated on 21 May 2008. Intelligent Limited provides a group management structure for four companies and was born out of the operations of International Intelligence Limited, a company specialising in Intelligence, Counter Espionage and TSCM sweeping.

CTSO vs IPM — Head-to-Head

Bigger by revenue
CTSO
CTSO
1.5× larger
CTSO
$9.2M
$6.1M
IPM
Growing faster (revenue YoY)
IPM
IPM
+2090.7% gap
IPM
2091.6%
0.9%
CTSO
Faster 2-yr revenue CAGR
IPM
IPM
Annualised
IPM
54.7%
1.3%
CTSO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTSO
CTSO
IPM
IPM
Revenue
$9.2M
$6.1M
Net Profit
$-5.5M
Gross Margin
73.7%
53.1%
Operating Margin
-47.5%
-13.4%
Net Margin
-59.5%
Revenue YoY
0.9%
2091.6%
Net Profit YoY
27.4%
EPS (diluted)
$-0.09
$-0.05

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
CTSO
CTSO
IPM
IPM
Q4 25
$9.2M
$6.1M
Q3 25
$9.5M
$6.2M
Q2 25
$9.6M
$5.7M
Q1 25
$8.7M
$5.5M
Q4 24
$9.2M
Q3 24
$8.6M
Q2 24
$8.8M
Q1 24
$9.0M
Net Profit
CTSO
CTSO
IPM
IPM
Q4 25
$-5.5M
Q3 25
$-3.2M
$-1.1M
Q2 25
$1.9M
$-1.1M
Q1 25
$-1.5M
$808.5K
Q4 24
$-7.6M
Q3 24
$-2.8M
Q2 24
$-4.3M
Q1 24
$-6.1M
Gross Margin
CTSO
CTSO
IPM
IPM
Q4 25
73.7%
53.1%
Q3 25
70.3%
50.7%
Q2 25
70.9%
50.1%
Q1 25
71.1%
55.3%
Q4 24
68.4%
Q3 24
61.0%
Q2 24
73.5%
Q1 24
76.5%
Operating Margin
CTSO
CTSO
IPM
IPM
Q4 25
-47.5%
-13.4%
Q3 25
-30.2%
-23.0%
Q2 25
-37.6%
-19.7%
Q1 25
-44.5%
-24.2%
Q4 24
-37.1%
Q3 24
-56.1%
Q2 24
-40.4%
Q1 24
-51.8%
Net Margin
CTSO
CTSO
IPM
IPM
Q4 25
-59.5%
Q3 25
-33.4%
-17.4%
Q2 25
20.2%
-18.3%
Q1 25
-16.9%
14.7%
Q4 24
-82.7%
Q3 24
-32.1%
Q2 24
-48.6%
Q1 24
-67.7%
EPS (diluted)
CTSO
CTSO
IPM
IPM
Q4 25
$-0.09
$-0.05
Q3 25
$-0.05
$-0.08
Q2 25
$0.03
$-0.08
Q1 25
$-0.02
$0.06
Q4 24
$-0.14
Q3 24
$-0.05
Q2 24
$-0.08
Q1 24
$-0.11

Balance Sheet & Financial Strength

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

Metric
CTSO
CTSO
IPM
IPM
Cash + ST InvestmentsLiquidity on hand
$6.2M
$5.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.9M
$18.2M
Total Assets
$44.2M
$26.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTSO
CTSO
IPM
IPM
Q4 25
$6.2M
$5.6M
Q3 25
$7.5M
$7.3M
Q2 25
$10.2M
$7.3M
Q1 25
$11.6M
$9.7M
Q4 24
$3.3M
Q3 24
$5.7M
Q2 24
$8.5M
Q1 24
$8.6M
Total Debt
CTSO
CTSO
IPM
IPM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$13.8M
Q2 24
$13.7M
Q1 24
$4.4M
Stockholders' Equity
CTSO
CTSO
IPM
IPM
Q4 25
$5.9M
$18.2M
Q3 25
$9.0M
$18.8M
Q2 25
$11.6M
$19.9M
Q1 25
$14.5M
$21.1M
Q4 24
$11.1M
Q3 24
$13.4M
Q2 24
$17.4M
Q1 24
$19.6M
Total Assets
CTSO
CTSO
IPM
IPM
Q4 25
$44.2M
$26.0M
Q3 25
$45.8M
$27.2M
Q2 25
$48.0M
$29.8M
Q1 25
$50.8M
$31.1M
Q4 24
$47.4M
Q3 24
$47.8M
Q2 24
$53.4M
Q1 24
$47.1M
Debt / Equity
CTSO
CTSO
IPM
IPM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.03×
Q2 24
0.78×
Q1 24
0.23×

Cash Flow & Capital Efficiency

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

Metric
CTSO
CTSO
IPM
IPM
Operating Cash FlowLast quarter
$-4.8M
$87.6K
Free Cash FlowOCF − Capex
$-4.9M
FCF MarginFCF / Revenue
-53.4%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTSO
CTSO
IPM
IPM
Q4 25
$-4.8M
$87.6K
Q3 25
$-2.6M
$133.0K
Q2 25
$-1.5M
$-888.7K
Q1 25
$-3.5M
$1.7M
Q4 24
$-2.3M
Q3 24
$-2.5M
Q2 24
$-4.8M
Q1 24
$-4.8M
Free Cash Flow
CTSO
CTSO
IPM
IPM
Q4 25
$-4.9M
Q3 25
$-2.6M
Q2 25
$-1.5M
Q1 25
$-3.5M
Q4 24
$-2.4M
Q3 24
$-2.6M
Q2 24
$-4.8M
Q1 24
$-4.9M
FCF Margin
CTSO
CTSO
IPM
IPM
Q4 25
-53.4%
Q3 25
-27.3%
Q2 25
-16.1%
Q1 25
-39.7%
Q4 24
-26.3%
Q3 24
-30.4%
Q2 24
-54.4%
Q1 24
-54.2%
Capex Intensity
CTSO
CTSO
IPM
IPM
Q4 25
1.2%
Q3 25
0.2%
0.0%
Q2 25
0.4%
Q1 25
0.0%
Q4 24
0.8%
Q3 24
1.8%
Q2 24
0.2%
Q1 24
0.5%
Cash Conversion
CTSO
CTSO
IPM
IPM
Q4 25
Q3 25
Q2 25
-0.78×
Q1 25
2.16×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTSO
CTSO

Direct$5.1M55%
Distributors And Strategic Partners$4.2M45%

IPM
IPM

Procurement Revenue$5.4M88%
Other$743.9K12%

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