vs

Side-by-side financial comparison of Lucid Diagnostics Inc. (LUCD) and Tron Inc. (TRON). Click either name above to swap in a different company.

Lucid Diagnostics Inc. is the larger business by last-quarter revenue ($1.2M vs $1.2M, roughly 1.0× Tron Inc.). Lucid Diagnostics Inc. runs the higher net margin — -858.5% vs -2476.3%, a 1617.7% gap on every dollar of revenue. On growth, Tron Inc. posted the faster year-over-year revenue change (30.7% vs 3.3%). Over the past eight quarters, Tron Inc.'s revenue compounded faster (9.4% CAGR vs 7.9%).

Lucid Diagnostics Inc. is a commercial-stage medical diagnostics firm focused on non-invasive screening tests for upper gastrointestinal diseases, including early detection of esophageal cancer and pre-cancerous lesions. It mainly serves healthcare providers and clinical partners across the United States, targeting at-risk patient populations.

Tron is a decentralized, proof-of-stake blockchain with smart contract functionality. The cryptocurrency native to the blockchain is known as Tronix (TRX). It was founded in March 2014 by Justin Sun and, since 2017, has been overseen and supervised by the TRON Foundation, a non-profit organization in Singapore, established in the same year. It is open-source software.

LUCD vs TRON — Head-to-Head

Bigger by revenue
LUCD
LUCD
1.0× larger
LUCD
$1.2M
$1.2M
TRON
Growing faster (revenue YoY)
TRON
TRON
+27.4% gap
TRON
30.7%
3.3%
LUCD
Higher net margin
LUCD
LUCD
1617.7% more per $
LUCD
-858.5%
-2476.3%
TRON
Faster 2-yr revenue CAGR
TRON
TRON
Annualised
TRON
9.4%
7.9%
LUCD

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
LUCD
LUCD
TRON
TRON
Revenue
$1.2M
$1.2M
Net Profit
$-10.4M
$-29.8M
Gross Margin
28.3%
Operating Margin
-971.0%
Net Margin
-858.5%
-2476.3%
Revenue YoY
3.3%
30.7%
Net Profit YoY
16.0%
-2943.1%
EPS (diluted)
$-0.10
$-0.17

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
LUCD
LUCD
TRON
TRON
Q4 25
$1.2M
Q3 25
$1.2M
$1.1M
Q2 25
$1.2M
$1.3M
Q1 25
$828.0K
$1.1M
Q4 24
$1.2M
$920.7K
Q3 24
$1.2M
$876.4K
Q2 24
$976.0K
$1.5M
Q1 24
$1.0M
$1.0M
Net Profit
LUCD
LUCD
TRON
TRON
Q4 25
$-29.8M
Q3 25
$-10.4M
$12.2M
Q2 25
$-4.4M
$1.5M
Q1 25
$-26.9M
$-646.6K
Q4 24
$-11.5M
$-979.5K
Q3 24
$-12.4M
$-1.1M
Q2 24
$-11.0M
$-521.0K
Q1 24
$-10.6M
$-1.7M
Gross Margin
LUCD
LUCD
TRON
TRON
Q4 25
28.3%
Q3 25
27.0%
Q2 25
21.8%
Q1 25
24.5%
Q4 24
18.5%
Q3 24
22.4%
Q2 24
21.5%
Q1 24
16.3%
Operating Margin
LUCD
LUCD
TRON
TRON
Q4 25
Q3 25
-971.0%
-59.5%
Q2 25
-978.8%
-55.4%
Q1 25
-1508.1%
Q4 24
-1033.8%
Q3 24
-997.8%
-129.2%
Q2 24
-1146.7%
-34.9%
Q1 24
-1078.1%
Net Margin
LUCD
LUCD
TRON
TRON
Q4 25
-2476.3%
Q3 25
-858.5%
1102.4%
Q2 25
-381.7%
109.3%
Q1 25
-3249.8%
-59.3%
Q4 24
-964.2%
-106.4%
Q3 24
-1055.5%
-128.8%
Q2 24
-1127.6%
-34.5%
Q1 24
-1060.1%
-169.9%
EPS (diluted)
LUCD
LUCD
TRON
TRON
Q4 25
$-0.17
Q3 25
$-0.10
$0.04
Q2 25
$-0.08
$0.01
Q1 25
$-0.52
$-0.04
Q4 24
$-0.17
$-0.04
Q3 24
$-0.25
$-0.11
Q2 24
$-0.23
$-0.05
Q1 24
$-0.40
$-0.17

Balance Sheet & Financial Strength

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

Metric
LUCD
LUCD
TRON
TRON
Cash + ST InvestmentsLiquidity on hand
$47.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$25.8M
$210.3M
Total Assets
$53.2M
$211.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LUCD
LUCD
TRON
TRON
Q4 25
Q3 25
$47.3M
Q2 25
$31.1M
Q1 25
$25.2M
Q4 24
$22.4M
Q3 24
$14.5M
Q2 24
$24.9M
Q1 24
$24.8M
Stockholders' Equity
LUCD
LUCD
TRON
TRON
Q4 25
$210.3M
Q3 25
$25.8M
$239.8M
Q2 25
$7.9M
$111.4M
Q1 25
$-5.4M
$5.0M
Q4 24
$5.4M
$5.3M
Q3 24
$6.3M
$3.3M
Q2 24
$16.0M
$3.1M
Q1 24
$11.9M
$3.3M
Total Assets
LUCD
LUCD
TRON
TRON
Q4 25
$211.4M
Q3 25
$53.2M
$244.6M
Q2 25
$38.7M
$112.2M
Q1 25
$32.8M
$5.8M
Q4 24
$30.7M
$6.3M
Q3 24
$22.6M
$5.7M
Q2 24
$34.1M
$3.4M
Q1 24
$32.0M
$3.8M

Cash Flow & Capital Efficiency

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

Metric
LUCD
LUCD
TRON
TRON
Operating Cash FlowLast quarter
$-10.9M
$-1.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LUCD
LUCD
TRON
TRON
Q4 25
$-1.4M
Q3 25
$-10.9M
$-850.0K
Q2 25
$-10.5M
$40.9K
Q1 25
$-12.5M
$-206.5K
Q4 24
$-9.9M
$-2.9M
Q3 24
$-10.2M
$-176.4K
Q2 24
$-11.5M
$-334.3K
Q1 24
$-12.6M
$-1.2M
Cash Conversion
LUCD
LUCD
TRON
TRON
Q4 25
Q3 25
-0.07×
Q2 25
0.03×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons