vs

Side-by-side financial comparison of Inhibikase Therapeutics, Inc. (IKT) and Laser Photonics Corp (LASE). Click either name above to swap in a different company.

Inhibikase Therapeutics, Inc. is the larger business by last-quarter revenue ($1.0M vs $919.3K, roughly 1.1× Laser Photonics Corp). Laser Photonics Corp runs the higher net margin — -506.4% vs -1223.3%, a 716.9% gap on every dollar of revenue.

Inhibikase Therapeutics, Inc. is a clinical-stage biopharmaceutical firm focused on developing novel disease-modifying therapies for neurodegenerative disorders including Parkinson's disease. It advances pipeline candidates through preclinical and clinical studies to address unmet medical needs and improve patient outcomes worldwide.

IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.

IKT vs LASE — Head-to-Head

Bigger by revenue
IKT
IKT
1.1× larger
IKT
$1.0M
$919.3K
LASE
Higher net margin
LASE
LASE
716.9% more per $
LASE
-506.4%
-1223.3%
IKT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
IKT
IKT
LASE
LASE
Revenue
$1.0M
$919.3K
Net Profit
$-12.7M
$-4.7M
Gross Margin
-20.1%
Operating Margin
-1323.3%
-350.0%
Net Margin
-1223.3%
-506.4%
Revenue YoY
28.3%
Net Profit YoY
-5.0%
-186.5%
EPS (diluted)
$-0.10
$-0.27

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
IKT
IKT
LASE
LASE
Q4 25
$1.0M
Q3 25
$0
$919.3K
Q2 25
$0
$2.6M
Q1 25
$0
$2.3M
Q4 24
$0
$1.3M
Q3 24
$0
$716.7K
Q2 24
$0
$623.4K
Q1 24
$0
$743.0K
Net Profit
IKT
IKT
LASE
LASE
Q4 25
$-12.7M
Q3 25
$-11.9M
$-4.7M
Q2 25
$-9.9M
$-1.8M
Q1 25
$-13.7M
$-1.7M
Q4 24
$-12.1M
$586.4K
Q3 24
$-5.8M
$-1.6M
Q2 24
$-5.0M
$-934.3K
Q1 24
$-4.6M
$-545.7K
Gross Margin
IKT
IKT
LASE
LASE
Q4 25
Q3 25
-20.1%
Q2 25
53.5%
Q1 25
49.8%
Q4 24
13.3%
Q3 24
85.0%
Q2 24
50.6%
Q1 24
51.9%
Operating Margin
IKT
IKT
LASE
LASE
Q4 25
-1323.3%
Q3 25
-350.0%
Q2 25
-37.0%
Q1 25
-68.7%
Q4 24
-255.1%
Q3 24
-238.0%
Q2 24
-149.4%
Q1 24
-73.8%
Net Margin
IKT
IKT
LASE
LASE
Q4 25
-1223.3%
Q3 25
-506.4%
Q2 25
-68.3%
Q1 25
-73.4%
Q4 24
45.7%
Q3 24
-226.8%
Q2 24
-149.9%
Q1 24
-73.4%
EPS (diluted)
IKT
IKT
LASE
LASE
Q4 25
$-0.10
Q3 25
$-0.13
$-0.27
Q2 25
$-0.11
$-0.12
Q1 25
$-0.15
$-0.12
Q4 24
$0.88
$0.06
Q3 24
$-0.65
$-0.13
Q2 24
$-0.66
$-0.09
Q1 24
$-0.73
$-0.06

Balance Sheet & Financial Strength

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

Metric
IKT
IKT
LASE
LASE
Cash + ST InvestmentsLiquidity on hand
$218.3M
$3.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$172.9M
$4.1M
Total Assets
$181.2M
$17.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IKT
IKT
LASE
LASE
Q4 25
$218.3M
Q3 25
$39.1M
$3.6M
Q2 25
$9.9M
$78.5K
Q1 25
$19.7M
$179.1K
Q4 24
$138.6M
$533.9K
Q3 24
$2.3M
$2.1M
Q2 24
$4.9M
$2.7M
Q1 24
$7.4M
$5.2M
Stockholders' Equity
IKT
IKT
LASE
LASE
Q4 25
$172.9M
Q3 25
$72.9M
$4.1M
Q2 25
$80.1M
$4.3M
Q1 25
$85.7M
$6.8M
Q4 24
$94.9M
$10.2M
Q3 24
$-530.6K
$9.7M
Q2 24
$5.1M
$10.3M
Q1 24
$6.8M
$12.4M
Total Assets
IKT
IKT
LASE
LASE
Q4 25
$181.2M
Q3 25
$79.6M
$17.5M
Q2 25
$88.9M
$14.9M
Q1 25
$94.3M
$16.0M
Q4 24
$98.6M
$17.2M
Q3 24
$4.4M
$10.6M
Q2 24
$8.8M
$11.1M
Q1 24
$11.1M
$13.6M

Cash Flow & Capital Efficiency

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

Metric
IKT
IKT
LASE
LASE
Operating Cash FlowLast quarter
$-7.5M
$763.1K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IKT
IKT
LASE
LASE
Q4 25
$-7.5M
Q3 25
$-10.6M
$763.1K
Q2 25
$-5.6M
$-1.0M
Q1 25
$-4.1M
$-1.2M
Q4 24
$-5.3M
$-6.5M
Q3 24
$-4.9M
$632.7K
Q2 24
$-5.1M
$-2.4M
Q1 24
$-3.9M
$-866.3K
Free Cash Flow
IKT
IKT
LASE
LASE
Q4 25
Q3 25
Q2 25
Q1 25
$-4.1M
Q4 24
Q3 24
$589.6K
Q2 24
$-2.4M
Q1 24
$-1.0M
FCF Margin
IKT
IKT
LASE
LASE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
82.3%
Q2 24
-388.0%
Q1 24
-136.9%
Capex Intensity
IKT
IKT
LASE
LASE
Q4 25
0.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
6.0%
Q2 24
5.1%
Q1 24
20.3%
Cash Conversion
IKT
IKT
LASE
LASE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-11.11×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons