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Side-by-side financial comparison of Opus Genetics, Inc. (IRD) and RAVE RESTAURANT GROUP, INC. (RAVE). Click either name above to swap in a different company.
Opus Genetics, Inc. is the larger business by last-quarter revenue ($3.9M vs $3.0M, roughly 1.3× RAVE RESTAURANT GROUP, INC.). On growth, RAVE RESTAURANT GROUP, INC. posted the faster year-over-year revenue change (6.0% vs -10.2%). Over the past eight quarters, Opus Genetics, Inc.'s revenue compounded faster (50.3% CAGR vs 1.3%).
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.
RAVE Restaurant Group, Inc. is a U.S.-headquartered restaurant franchising and operation enterprise, owning well-known casual dining brands including Pizza Inn and Pie Five Pizza. It offers pizza, pasta, salads and supporting menu items, primarily operates in the North American market with both company-owned and franchised outlets, targeting consumers looking for affordable, family-friendly casual meal options.
IRD vs RAVE — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $3.9M | $3.0M |
| Net Profit | — | $637.0K |
| Gross Margin | — | — |
| Operating Margin | — | 24.4% |
| Net Margin | — | 20.9% |
| Revenue YoY | -10.2% | 6.0% |
| Net Profit YoY | 53.0% | 4.9% |
| EPS (diluted) | — | $0.04 |
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.
| Q4 25 | $3.9M | $3.0M | ||
| Q3 25 | $3.1M | $3.2M | ||
| Q2 25 | $2.9M | $3.2M | ||
| Q1 25 | $4.4M | $3.0M | ||
| Q4 24 | $4.3M | $2.9M | ||
| Q3 24 | $3.9M | $3.0M | ||
| Q2 24 | $1.1M | $3.4M | ||
| Q1 24 | $1.7M | $3.0M |
| Q4 25 | — | $637.0K | ||
| Q3 25 | $-17.5M | $645.0K | ||
| Q2 25 | $-7.4M | $847.0K | ||
| Q1 25 | $-8.2M | $722.0K | ||
| Q4 24 | — | $607.0K | ||
| Q3 24 | $-7.5M | $526.0K | ||
| Q2 24 | $-7.8M | $880.0K | ||
| Q1 24 | $-7.1M | $654.0K |
| Q4 25 | — | 24.4% | ||
| Q3 25 | -269.9% | 23.4% | ||
| Q2 25 | -309.0% | 38.8% | ||
| Q1 25 | -227.2% | 32.0% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | -207.1% | 20.0% | ||
| Q2 24 | -748.9% | 35.2% | ||
| Q1 24 | -450.5% | 28.8% |
| Q4 25 | — | 20.9% | ||
| Q3 25 | -566.9% | 20.1% | ||
| Q2 25 | -257.5% | 26.9% | ||
| Q1 25 | -187.5% | 24.3% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | -194.6% | 17.2% | ||
| Q2 24 | -698.3% | 26.2% | ||
| Q1 24 | -415.3% | 22.1% |
| Q4 25 | — | $0.04 | ||
| Q3 25 | $-0.25 | $0.05 | ||
| Q2 25 | $-0.12 | $0.06 | ||
| Q1 25 | $-0.24 | $0.05 | ||
| Q4 24 | — | $0.04 | ||
| Q3 24 | $-0.29 | $0.04 | ||
| Q2 24 | $-0.30 | $0.06 | ||
| Q1 24 | $-0.29 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $45.1M | $10.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $15.3M | $15.5M |
| Total Assets | $50.2M | $17.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.1M | $10.9M | ||
| Q3 25 | $30.8M | $10.6M | ||
| Q2 25 | $32.4M | $9.9M | ||
| Q1 25 | $41.8M | $8.7M | ||
| Q4 24 | $30.3M | $8.9M | ||
| Q3 24 | $36.6M | $8.4M | ||
| Q2 24 | $41.4M | $7.8M | ||
| Q1 24 | $47.2M | $6.3M |
| Q4 25 | $15.3M | $15.5M | ||
| Q3 25 | $6.0M | $14.8M | ||
| Q2 25 | $17.5M | $14.2M | ||
| Q1 25 | $5.1M | $13.3M | ||
| Q4 24 | $6.7M | $13.8M | ||
| Q3 24 | $34.3M | $13.3M | ||
| Q2 24 | $40.6M | $12.7M | ||
| Q1 24 | $46.1M | $11.8M |
| Q4 25 | $50.2M | $17.5M | ||
| Q3 25 | $36.1M | $17.0M | ||
| Q2 25 | $38.7M | $16.6M | ||
| Q1 25 | $48.2M | $15.7M | ||
| Q4 24 | $36.9M | $16.1M | ||
| Q3 24 | $40.4M | $16.3M | ||
| Q2 24 | $44.8M | $15.8M | ||
| Q1 24 | $51.8M | $15.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-35.3M | $306.0K |
| Free Cash FlowOCF − Capex | — | $297.0K |
| FCF MarginFCF / Revenue | — | 9.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-35.3M | $306.0K | ||
| Q3 25 | $-6.2M | $608.0K | ||
| Q2 25 | $-10.3M | $1.2M | ||
| Q1 25 | $-9.0M | $927.0K | ||
| Q4 24 | $-25.6M | $711.0K | ||
| Q3 24 | $-5.1M | $530.0K | ||
| Q2 24 | $-7.3M | $1.5M | ||
| Q1 24 | $-5.7M | $1.0M |
| Q4 25 | — | $297.0K | ||
| Q3 25 | — | $600.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $667.0K | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $996.0K |
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 38.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 23.2% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 44.9% | ||
| Q1 24 | — | 33.6% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | — | 0.48× | ||
| Q3 25 | — | 0.94× | ||
| Q2 25 | — | 1.45× | ||
| Q1 25 | — | 1.28× | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 1.72× | ||
| Q1 24 | — | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IRD
Segment breakdown not available.
RAVE
| Pizza Inn Franchising | $2.8M | 92% |
| Other | $235.0K | 8% |