vs

Side-by-side financial comparison of Ovid Therapeutics Inc. (OVID) and SmartKem, Inc. (SMTK). Click either name above to swap in a different company.

Ovid Therapeutics Inc. is the larger business by last-quarter revenue ($718.0K vs $561.0K, roughly 1.3× SmartKem, Inc.).

SmartKem, Inc. is an advanced materials developer focused on proprietary organic semiconductor formulations designed for flexible and foldable display panels, printed electronics, and next-generation optoelectronic devices. It serves global consumer electronics display manufacturers and semiconductor component producers across North America, East Asia and Europe.

OVID vs SMTK — Head-to-Head

Bigger by revenue
OVID
OVID
1.3× larger
OVID
$718.0K
$561.0K
SMTK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OVID
OVID
SMTK
SMTK
Revenue
$718.0K
$561.0K
Net Profit
$-2.1M
Gross Margin
57.6%
Operating Margin
-380.7%
Net Margin
-366.3%
Revenue YoY
844.7%
Net Profit YoY
204.4%
23.7%
EPS (diluted)
$-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
OVID
OVID
SMTK
SMTK
Q4 25
$718.0K
$561.0K
Q3 25
$132.0K
$81.0K
Q2 25
$6.3M
Q1 25
$130.0K
Q4 24
$76.0K
Q3 24
$173.0K
$0
Q2 24
$169.0K
Q1 24
$148.0K
Net Profit
OVID
OVID
SMTK
SMTK
Q4 25
$-2.1M
Q3 25
$-12.2M
$-3.9M
Q2 25
$-4.7M
Q1 25
$-10.2M
Q4 24
Q3 24
$-14.0M
$-2.8M
Q2 24
$8.5M
Q1 24
$-11.7M
Gross Margin
OVID
OVID
SMTK
SMTK
Q4 25
57.6%
Q3 25
93.8%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
OVID
OVID
SMTK
SMTK
Q4 25
-380.7%
Q3 25
-9487.1%
-3937.0%
Q2 25
-80.9%
Q1 25
-9653.8%
Q4 24
Q3 24
-7645.1%
Q2 24
-12140.2%
Q1 24
-11768.2%
Net Margin
OVID
OVID
SMTK
SMTK
Q4 25
-366.3%
Q3 25
-9210.6%
-4839.5%
Q2 25
-74.7%
Q1 25
-7873.1%
Q4 24
Q3 24
-8096.0%
Q2 24
5042.0%
Q1 24
-7901.4%
EPS (diluted)
OVID
OVID
SMTK
SMTK
Q4 25
$-0.22
Q3 25
$-0.45
Q2 25
Q1 25
Q4 24
Q3 24
$-0.20
$-0.86
Q2 24
$0.12
Q1 24
$-0.17

Balance Sheet & Financial Strength

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

Metric
OVID
OVID
SMTK
SMTK
Cash + ST InvestmentsLiquidity on hand
$13.2M
$374.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$130.7M
$-3.9M
Total Assets
$150.9M
$2.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OVID
OVID
SMTK
SMTK
Q4 25
$13.2M
$374.0K
Q3 25
$20.6M
$881.0K
Q2 25
$28.4M
Q1 25
$21.1M
Q4 24
$26.3M
Q3 24
$15.0M
$1.8M
Q2 24
$29.7M
Q1 24
$30.8M
Stockholders' Equity
OVID
OVID
SMTK
SMTK
Q4 25
$130.7M
$-3.9M
Q3 25
$44.7M
$-3.0M
Q2 25
$55.8M
Q1 25
$59.3M
Q4 24
$68.2M
Q3 24
$76.3M
$2.3M
Q2 24
$88.9M
Q1 24
$78.3M
Total Assets
OVID
OVID
SMTK
SMTK
Q4 25
$150.9M
$2.3M
Q3 25
$63.8M
$3.2M
Q2 25
$77.4M
Q1 25
$81.7M
Q4 24
$92.2M
Q3 24
$102.7M
$4.3M
Q2 24
$118.1M
Q1 24
$131.6M

Cash Flow & Capital Efficiency

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

Metric
OVID
OVID
SMTK
SMTK
Operating Cash FlowLast quarter
$-38.3M
$-1.4M
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
OVID
OVID
SMTK
SMTK
Q4 25
$-38.3M
$-1.4M
Q3 25
$-12.9M
$-200.0K
Q2 25
$-4.8M
Q1 25
$-10.3M
Q4 24
$-56.0M
Q3 24
$-15.0M
$-2.6M
Q2 24
$-14.3M
Q1 24
$-16.7M
Free Cash Flow
OVID
OVID
SMTK
SMTK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-56.0M
Q3 24
$-15.0M
Q2 24
$-14.3M
Q1 24
$-16.7M
FCF Margin
OVID
OVID
SMTK
SMTK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-73719.7%
Q3 24
-8676.9%
Q2 24
-8455.0%
Q1 24
-11287.2%
Capex Intensity
OVID
OVID
SMTK
SMTK
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
93.4%
Q3 24
2.3%
Q2 24
20.1%
Q1 24
12.8%
Cash Conversion
OVID
OVID
SMTK
SMTK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-1.67×
Q1 24

Financial Flow Comparison

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

Related Comparisons