vs

Side-by-side financial comparison of Eightco Holdings Inc. (ORBS) and TriSalus Life Sciences, Inc. (TLSI). Click either name above to swap in a different company.

TriSalus Life Sciences, Inc. is the larger business by last-quarter revenue ($13.2M vs $10.2M, roughly 1.3× Eightco Holdings Inc.). TriSalus Life Sciences, Inc. runs the higher net margin — -73.9% vs -2281.6%, a 2207.8% gap on every dollar of revenue. On growth, TriSalus Life Sciences, Inc. posted the faster year-over-year revenue change (59.8% vs -49.9%). TriSalus Life Sciences, Inc. produced more free cash flow last quarter ($-2.5M vs $-11.0M). Over the past eight quarters, TriSalus Life Sciences, Inc.'s revenue compounded faster (43.0% CAGR vs 13.1%).

TriSalus Life Sciences, Inc. is a clinical-stage biotechnology company focused on advancing immuno-oncology and interventional oncology solutions. It develops proprietary targeted drug delivery technologies designed to improve treatment efficacy for patients with liver, pancreatic and other hard-to-treat solid tumors, primarily operating in North American markets via partnerships with clinical care and research institutions.

ORBS vs TLSI — Head-to-Head

Bigger by revenue
TLSI
TLSI
1.3× larger
TLSI
$13.2M
$10.2M
ORBS
Growing faster (revenue YoY)
TLSI
TLSI
+109.7% gap
TLSI
59.8%
-49.9%
ORBS
Higher net margin
TLSI
TLSI
2207.8% more per $
TLSI
-73.9%
-2281.6%
ORBS
More free cash flow
TLSI
TLSI
$8.5M more FCF
TLSI
$-2.5M
$-11.0M
ORBS
Faster 2-yr revenue CAGR
TLSI
TLSI
Annualised
TLSI
43.0%
13.1%
ORBS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ORBS
ORBS
TLSI
TLSI
Revenue
$10.2M
$13.2M
Net Profit
$-232.5M
$-9.8M
Gross Margin
-13.0%
86.7%
Operating Margin
-475.0%
-24.8%
Net Margin
-2281.6%
-73.9%
Revenue YoY
-49.9%
59.8%
Net Profit YoY
-9183.3%
3.5%
EPS (diluted)
$-2.34
$-0.22

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
ORBS
ORBS
TLSI
TLSI
Q4 25
$10.2M
$13.2M
Q3 25
$5.3M
$11.6M
Q2 25
$7.6M
$11.2M
Q1 25
$9.9M
$9.2M
Q4 24
$20.3M
$8.3M
Q3 24
$6.1M
$7.3M
Q2 24
$5.3M
$7.4M
Q1 24
$8.0M
$6.5M
Net Profit
ORBS
ORBS
TLSI
TLSI
Q4 25
$-232.5M
$-9.8M
Q3 25
$-25.8M
$-10.8M
Q2 25
$-1.2M
$-8.3M
Q1 25
$-2.5M
$-10.4M
Q4 24
$-2.5M
$-10.1M
Q3 24
$-3.2M
$-2.4M
Q2 24
$4.4M
$-4.3M
Q1 24
$1.9M
$-13.2M
Gross Margin
ORBS
ORBS
TLSI
TLSI
Q4 25
-13.0%
86.7%
Q3 25
-3.7%
83.5%
Q2 25
16.4%
83.9%
Q1 25
8.2%
83.7%
Q4 24
8.2%
85.3%
Q3 24
26.5%
86.3%
Q2 24
25.1%
87.6%
Q1 24
17.5%
85.0%
Operating Margin
ORBS
ORBS
TLSI
TLSI
Q4 25
-475.0%
-24.8%
Q3 25
-116.9%
-77.9%
Q2 25
-15.9%
-65.4%
Q1 25
-14.3%
-79.9%
Q4 24
-11.9%
-91.8%
Q3 24
-29.1%
-118.9%
Q2 24
-16.4%
-111.0%
Q1 24
-39.6%
-180.8%
Net Margin
ORBS
ORBS
TLSI
TLSI
Q4 25
-2281.6%
-73.9%
Q3 25
-487.6%
-93.5%
Q2 25
-15.4%
-73.9%
Q1 25
-25.7%
-113.2%
Q4 24
-12.3%
-122.4%
Q3 24
-52.5%
-32.6%
Q2 24
84.2%
-58.8%
Q1 24
24.4%
-204.5%
EPS (diluted)
ORBS
ORBS
TLSI
TLSI
Q4 25
$-2.34
$-0.22
Q3 25
$-0.58
$-0.96
Q2 25
$-0.38
$-0.27
Q1 25
$-0.84
$-0.39
Q4 24
$-1.44
$-0.38
Q3 24
$-1.77
$-0.12
Q2 24
$2.15
$-0.21
Q1 24
$1.42
$-0.60

Balance Sheet & Financial Strength

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

Metric
ORBS
ORBS
TLSI
TLSI
Cash + ST InvestmentsLiquidity on hand
$58.5M
$20.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$232.6M
$-33.9M
Total Assets
$250.2M
$35.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORBS
ORBS
TLSI
TLSI
Q4 25
$58.5M
$20.4M
Q3 25
$23.7M
$22.7M
Q2 25
$696.3K
$26.5M
Q1 25
$434.4K
$13.0M
Q4 24
$239.2K
$8.5M
Q3 24
$2.4M
$11.3M
Q2 24
$363.1K
$16.5M
Q1 24
$808.8K
$4.0M
Stockholders' Equity
ORBS
ORBS
TLSI
TLSI
Q4 25
$232.6M
$-33.9M
Q3 25
$339.2M
$-26.7M
Q2 25
$8.9M
$-19.4M
Q1 25
$9.7M
$-34.4M
Q4 24
$11.9M
$-25.9M
Q3 24
$13.0M
$-20.4M
Q2 24
$13.8M
$-25.3M
Q1 24
$3.9M
$-36.0M
Total Assets
ORBS
ORBS
TLSI
TLSI
Q4 25
$250.2M
$35.3M
Q3 25
$355.5M
$36.5M
Q2 25
$48.7M
$41.3M
Q1 25
$47.6M
$28.6M
Q4 24
$50.8M
$24.0M
Q3 24
$49.2M
$27.5M
Q2 24
$48.4M
$32.4M
Q1 24
$50.2M
$17.9M

Cash Flow & Capital Efficiency

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

Metric
ORBS
ORBS
TLSI
TLSI
Operating Cash FlowLast quarter
$-11.0M
$-2.5M
Free Cash FlowOCF − Capex
$-11.0M
$-2.5M
FCF MarginFCF / Revenue
-107.7%
-19.1%
Capex IntensityCapex / Revenue
0.0%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-19.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORBS
ORBS
TLSI
TLSI
Q4 25
$-11.0M
$-2.5M
Q3 25
$-1.6M
$-3.7M
Q2 25
$-659.2K
$-7.3M
Q1 25
$999.8K
$-4.5M
Q4 24
$-6.6M
$-5.7M
Q3 24
$77.7K
$-10.8M
Q2 24
$-440.3K
$-13.4M
Q1 24
$-723.3K
$-10.9M
Free Cash Flow
ORBS
ORBS
TLSI
TLSI
Q4 25
$-11.0M
$-2.5M
Q3 25
$-3.9M
Q2 25
$-661.3K
$-7.4M
Q1 25
$999.7K
$-5.3M
Q4 24
$-6.6M
$-5.8M
Q3 24
$73.0K
$-11.0M
Q2 24
$-13.5M
Q1 24
$-10.9M
FCF Margin
ORBS
ORBS
TLSI
TLSI
Q4 25
-107.7%
-19.1%
Q3 25
-33.9%
Q2 25
-8.7%
-66.1%
Q1 25
10.1%
-57.3%
Q4 24
-32.7%
-69.7%
Q3 24
1.2%
-149.9%
Q2 24
-183.1%
Q1 24
-169.3%
Capex Intensity
ORBS
ORBS
TLSI
TLSI
Q4 25
0.0%
0.3%
Q3 25
0.0%
1.9%
Q2 25
0.0%
0.8%
Q1 25
0.0%
8.2%
Q4 24
0.0%
0.6%
Q3 24
0.1%
2.3%
Q2 24
0.8%
Q1 24
1.0%
Cash Conversion
ORBS
ORBS
TLSI
TLSI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-0.10×
Q1 24
-0.37×

Financial Flow Comparison

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

Related Comparisons