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

Opus Genetics, Inc. is the larger business by last-quarter revenue ($3.9M vs $2.7M, roughly 1.4× Nano Labs Ltd).

Opus Genetics, Inc. is a clinical-stage biotechnology company specializing in the development of targeted gene therapies for inherited retinal diseases. It focuses on addressing unmet medical needs for patients living with rare, vision-threatening ocular conditions, with operations centered on advancing accessible therapeutic candidates for global rare disease patient populations.

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...

IRD vs NA — Head-to-Head

Bigger by revenue
IRD
IRD
1.4× larger
IRD
$3.9M
$2.7M
NA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRD
IRD
NA
NA
Revenue
$3.9M
$2.7M
Net Profit
$20.3M
Gross Margin
Operating Margin
Net Margin
754.5%
Revenue YoY
-10.2%
Net Profit YoY
53.0%
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
IRD
IRD
NA
NA
Q4 25
$3.9M
$2.7M
Q3 25
$3.1M
Q2 25
$2.9M
$1.2M
Q1 25
$4.4M
Q4 24
$4.3M
Q3 24
$3.9M
Q2 24
$1.1M
$3.5M
Q1 24
$1.7M
Net Profit
IRD
IRD
NA
NA
Q4 25
$20.3M
Q3 25
$-17.5M
Q2 25
$-7.4M
$-985.5K
Q1 25
$-8.2M
Q4 24
Q3 24
$-7.5M
Q2 24
$-7.8M
$-8.0M
Q1 24
$-7.1M
Gross Margin
IRD
IRD
NA
NA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.1%
Q1 24
Operating Margin
IRD
IRD
NA
NA
Q4 25
Q3 25
-269.9%
Q2 25
-309.0%
-459.2%
Q1 25
-227.2%
Q4 24
Q3 24
-207.1%
Q2 24
-748.9%
-237.2%
Q1 24
-450.5%
Net Margin
IRD
IRD
NA
NA
Q4 25
754.5%
Q3 25
-566.9%
Q2 25
-257.5%
-85.2%
Q1 25
-187.5%
Q4 24
Q3 24
-194.6%
Q2 24
-698.3%
-231.3%
Q1 24
-415.3%
EPS (diluted)
IRD
IRD
NA
NA
Q4 25
$1.03
Q3 25
$-0.25
Q2 25
$-0.12
$-0.06
Q1 25
$-0.24
Q4 24
Q3 24
$-0.29
Q2 24
$-0.30
$-0.12
Q1 24
$-0.29

Balance Sheet & Financial Strength

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

Metric
IRD
IRD
NA
NA
Cash + ST InvestmentsLiquidity on hand
$45.1M
$4.9M
Total DebtLower is stronger
$24.5M
Stockholders' EquityBook value
$15.3M
$106.5M
Total Assets
$50.2M
$159.3M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRD
IRD
NA
NA
Q4 25
$45.1M
$4.9M
Q3 25
$30.8M
Q2 25
$32.4M
$50.8M
Q1 25
$41.8M
Q4 24
$30.3M
Q3 24
$36.6M
Q2 24
$41.4M
$3.3M
Q1 24
$47.2M
Total Debt
IRD
IRD
NA
NA
Q4 25
$24.5M
Q3 25
Q2 25
$24.8M
Q1 25
Q4 24
Q3 24
Q2 24
$22.5M
Q1 24
Stockholders' Equity
IRD
IRD
NA
NA
Q4 25
$15.3M
$106.5M
Q3 25
$6.0M
Q2 25
$17.5M
$86.8M
Q1 25
$5.1M
Q4 24
$6.7M
Q3 24
$34.3M
Q2 24
$40.6M
$-5.1M
Q1 24
$46.1M
Total Assets
IRD
IRD
NA
NA
Q4 25
$50.2M
$159.3M
Q3 25
$36.1M
Q2 25
$38.7M
$206.4M
Q1 25
$48.2M
Q4 24
$36.9M
Q3 24
$40.4M
Q2 24
$44.8M
$51.2M
Q1 24
$51.8M
Debt / Equity
IRD
IRD
NA
NA
Q4 25
0.23×
Q3 25
Q2 25
0.29×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
IRD
IRD
NA
NA
Operating Cash FlowLast quarter
$-35.3M
$-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
IRD
IRD
NA
NA
Q4 25
$-35.3M
$-8.3M
Q3 25
$-6.2M
Q2 25
$-10.3M
$-7.1M
Q1 25
$-9.0M
Q4 24
$-25.6M
Q3 24
$-5.1M
Q2 24
$-7.3M
$-10.8M
Q1 24
$-5.7M
Free Cash Flow
IRD
IRD
NA
NA
Q4 25
$-8.4M
Q3 25
Q2 25
$-7.2M
Q1 25
Q4 24
Q3 24
Q2 24
$-15.4M
Q1 24
FCF Margin
IRD
IRD
NA
NA
Q4 25
-312.3%
Q3 25
Q2 25
-620.3%
Q1 25
Q4 24
Q3 24
Q2 24
-443.4%
Q1 24
Capex Intensity
IRD
IRD
NA
NA
Q4 25
2.9%
Q3 25
Q2 25
7.2%
Q1 25
Q4 24
Q3 24
Q2 24
133.1%
Q1 24
Cash Conversion
IRD
IRD
NA
NA
Q4 25
-0.41×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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