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Side-by-side financial comparison of HeartSciences Inc. (HSCS) and Alaunos Therapeutics, Inc. (TCRT). Click either name above to swap in a different company.

Alaunos Therapeutics, Inc. is the larger business by last-quarter revenue ($3.0K vs $2.4K, roughly 1.2× HeartSciences Inc.).

Meril Life Sciences is an Indian multinational medical device company, with headquarters in Vapi, Gujarat, India. It was founded in 2006 and is a part of the Bilakhia Group. The company is engaged in the manufacturing of vascular intervention devices, orthopedic implants, robotics, endosurgery, ENT products and in-vitro diagnostics. Meril Life Sciences operates in over 150 countries and has employed 10000 people, as of 2024.

Alaunos Therapeutics, Inc. is a clinical-stage biotechnology company that develops novel T cell receptor (TCR) immunotherapies for the treatment of hard-to-treat solid tumors. The firm focuses on advancing precision oncology candidates targeting shared tumor antigens, serving global oncology patient populations via internal R&D and cross-sector partnerships.

HSCS vs TCRT — Head-to-Head

Bigger by revenue
TCRT
TCRT
1.2× larger
TCRT
$3.0K
$2.4K
HSCS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
HSCS
HSCS
TCRT
TCRT
Revenue
$2.4K
$3.0K
Net Profit
$-2.4M
Gross Margin
58.3%
Operating Margin
-85713.2%
Net Margin
-97179.4%
Revenue YoY
-40.0%
Net Profit YoY
-12.9%
-20.5%
EPS (diluted)
$-0.85

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
HSCS
HSCS
TCRT
TCRT
Q4 25
$2.4K
$3.0K
Q3 25
$1.9K
$0
Q2 25
$0
Q1 25
$0
$2.0K
Q4 24
$5.0K
Q3 24
$0
Q2 24
$4.0K
Q1 24
$14.7K
$1.0K
Net Profit
HSCS
HSCS
TCRT
TCRT
Q4 25
$-2.4M
Q3 25
$-2.1M
$-1.2M
Q2 25
$-1.1M
Q1 25
$-2.5M
$-1.1M
Q4 24
Q3 24
$-1.1M
Q2 24
$-1.1M
Q1 24
$-1.6M
$-1.7M
Gross Margin
HSCS
HSCS
TCRT
TCRT
Q4 25
58.3%
Q3 25
60.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
69.0%
Operating Margin
HSCS
HSCS
TCRT
TCRT
Q4 25
-85713.2%
Q3 25
-98637.8%
Q2 25
Q1 25
-54600.0%
Q4 24
Q3 24
Q2 24
-29150.0%
Q1 24
-10376.7%
-174200.0%
Net Margin
HSCS
HSCS
TCRT
TCRT
Q4 25
-97179.4%
Q3 25
-108157.6%
Q2 25
Q1 25
-53650.0%
Q4 24
Q3 24
Q2 24
-28225.0%
Q1 24
-11182.4%
-168200.0%
EPS (diluted)
HSCS
HSCS
TCRT
TCRT
Q4 25
$-0.85
Q3 25
$-1.58
$-0.55
Q2 25
$-0.63
Q1 25
$-2.57
$-0.67
Q4 24
Q3 24
$-0.70
Q2 24
$-0.71
Q1 24
$-3.01
$-1.05

Balance Sheet & Financial Strength

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

Metric
HSCS
HSCS
TCRT
TCRT
Cash + ST InvestmentsLiquidity on hand
$2.0M
$1.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.2M
$2.2M
Total Assets
$6.0M
$3.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSCS
HSCS
TCRT
TCRT
Q4 25
$2.0M
$1.4M
Q3 25
$2.8M
$1.9M
Q2 25
$2.9M
Q1 25
$2.6M
$319.0K
Q4 24
$1.1M
Q3 24
$1.7M
Q2 24
$2.5M
Q1 24
$7.1M
$4.1M
Stockholders' Equity
HSCS
HSCS
TCRT
TCRT
Q4 25
$4.2M
$2.2M
Q3 25
$3.1M
$2.8M
Q2 25
$3.7M
Q1 25
$1.8M
$1.1M
Q4 24
$2.1M
Q3 24
$2.7M
Q2 24
$3.8M
Q1 24
$8.6M
$4.8M
Total Assets
HSCS
HSCS
TCRT
TCRT
Q4 25
$6.0M
$3.0M
Q3 25
$6.4M
$3.7M
Q2 25
$4.7M
Q1 25
$5.7M
$2.1M
Q4 24
$2.8M
Q3 24
$3.5M
Q2 24
$4.7M
Q1 24
$10.8M
$6.0M

Cash Flow & Capital Efficiency

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

Metric
HSCS
HSCS
TCRT
TCRT
Operating Cash FlowLast quarter
$-2.3M
$-2.9M
Free Cash FlowOCF − Capex
$-3.0M
FCF MarginFCF / Revenue
-98900.0%
Capex IntensityCapex / Revenue
3266.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSCS
HSCS
TCRT
TCRT
Q4 25
$-2.3M
$-2.9M
Q3 25
$-2.0M
$-844.0K
Q2 25
$-701.0K
Q1 25
$-1.6M
$-772.0K
Q4 24
$-5.0M
Q3 24
$-781.0K
Q2 24
$-1.7M
Q1 24
$-2.1M
$-1.9M
Free Cash Flow
HSCS
HSCS
TCRT
TCRT
Q4 25
$-3.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-2.1M
FCF Margin
HSCS
HSCS
TCRT
TCRT
Q4 25
-98900.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-14352.1%
Capex Intensity
HSCS
HSCS
TCRT
TCRT
Q4 25
3266.7%
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
Q2 24
0.0%
Q1 24
59.8%
0.0%

Financial Flow Comparison

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

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