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Side-by-side financial comparison of TriSalus Life Sciences, Inc. (TLSI) and UNITED STATES ANTIMONY CORP (UAMY). 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 $13.0M, roughly 1.0× UNITED STATES ANTIMONY CORP). UNITED STATES ANTIMONY CORP runs the higher net margin — -2.2% vs -73.9%, a 71.7% gap on every dollar of revenue. On growth, UNITED STATES ANTIMONY CORP posted the faster year-over-year revenue change (131.4% vs 59.8%). TriSalus Life Sciences, Inc. produced more free cash flow last quarter ($-2.5M vs $-15.2M). Over the past eight quarters, UNITED STATES ANTIMONY CORP's revenue compounded faster (106.0% CAGR vs 43.0%).

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.

United States Antimony Corp is a natural resources firm focused on exploring, mining, processing, and selling antimony, silver, and gold products. It runs production facilities in the U.S. and Mexico, serving global industrial clients in flame retardant, battery alloy, and specialty chemical manufacturing sectors.

TLSI vs UAMY — Head-to-Head

Bigger by revenue
TLSI
TLSI
1.0× larger
TLSI
$13.2M
$13.0M
UAMY
Growing faster (revenue YoY)
UAMY
UAMY
+71.6% gap
UAMY
131.4%
59.8%
TLSI
Higher net margin
UAMY
UAMY
71.7% more per $
UAMY
-2.2%
-73.9%
TLSI
More free cash flow
TLSI
TLSI
$12.7M more FCF
TLSI
$-2.5M
$-15.2M
UAMY
Faster 2-yr revenue CAGR
UAMY
UAMY
Annualised
UAMY
106.0%
43.0%
TLSI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TLSI
TLSI
UAMY
UAMY
Revenue
$13.2M
$13.0M
Net Profit
$-9.8M
$-286.9K
Gross Margin
86.7%
20.3%
Operating Margin
-24.8%
-30.1%
Net Margin
-73.9%
-2.2%
Revenue YoY
59.8%
131.4%
Net Profit YoY
3.5%
67.5%
EPS (diluted)
$-0.22
$-0.01

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
TLSI
TLSI
UAMY
UAMY
Q4 25
$13.2M
$13.0M
Q3 25
$11.6M
$8.7M
Q2 25
$11.2M
$10.5M
Q1 25
$9.2M
$7.0M
Q4 24
$8.3M
$5.6M
Q3 24
$7.3M
$2.6M
Q2 24
$7.4M
$3.7M
Q1 24
$6.5M
$3.1M
Net Profit
TLSI
TLSI
UAMY
UAMY
Q4 25
$-9.8M
$-286.9K
Q3 25
$-10.8M
$-4.8M
Q2 25
$-8.3M
$181.6K
Q1 25
$-10.4M
$546.5K
Q4 24
$-10.1M
$-882.9K
Q3 24
$-2.4M
$-727.5K
Q2 24
$-4.3M
$202.8K
Q1 24
$-13.2M
$-322.8K
Gross Margin
TLSI
TLSI
UAMY
UAMY
Q4 25
86.7%
20.3%
Q3 25
83.5%
23.1%
Q2 25
83.9%
27.0%
Q1 25
83.7%
33.9%
Q4 24
85.3%
21.4%
Q3 24
86.3%
16.5%
Q2 24
87.6%
34.1%
Q1 24
85.0%
19.2%
Operating Margin
TLSI
TLSI
UAMY
UAMY
Q4 25
-24.8%
-30.1%
Q3 25
-77.9%
-56.5%
Q2 25
-65.4%
0.2%
Q1 25
-79.9%
5.1%
Q4 24
-91.8%
-19.3%
Q3 24
-118.9%
-34.6%
Q2 24
-111.0%
1.5%
Q1 24
-180.8%
-15.3%
Net Margin
TLSI
TLSI
UAMY
UAMY
Q4 25
-73.9%
-2.2%
Q3 25
-93.5%
-54.9%
Q2 25
-73.9%
1.7%
Q1 25
-113.2%
7.8%
Q4 24
-122.4%
-15.7%
Q3 24
-32.6%
-28.3%
Q2 24
-58.8%
5.5%
Q1 24
-204.5%
-10.5%
EPS (diluted)
TLSI
TLSI
UAMY
UAMY
Q4 25
$-0.22
$-0.01
Q3 25
$-0.96
$-0.04
Q2 25
$-0.27
$0.01
Q1 25
$-0.39
$0.00
Q4 24
$-0.38
$-108943126.01
Q3 24
$-0.12
$-0.01
Q2 24
$-0.21
$108943126.00
Q1 24
$-0.60
$0.00

Balance Sheet & Financial Strength

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

Metric
TLSI
TLSI
UAMY
UAMY
Cash + ST InvestmentsLiquidity on hand
$20.4M
$30.5M
Total DebtLower is stronger
$195.4K
Stockholders' EquityBook value
$-33.9M
$141.0M
Total Assets
$35.3M
$153.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TLSI
TLSI
UAMY
UAMY
Q4 25
$20.4M
$30.5M
Q3 25
$22.7M
Q2 25
$26.5M
Q1 25
$13.0M
Q4 24
$8.5M
$18.2M
Q3 24
$11.3M
$13.0M
Q2 24
$16.5M
$12.4M
Q1 24
$4.0M
$11.9M
Total Debt
TLSI
TLSI
UAMY
UAMY
Q4 25
$195.4K
Q3 25
$93.2K
Q2 25
$127.5K
Q1 25
$161.6K
Q4 24
$327.7K
Q3 24
$228.9K
Q2 24
$262.1K
Q1 24
$0
Stockholders' Equity
TLSI
TLSI
UAMY
UAMY
Q4 25
$-33.9M
$141.0M
Q3 25
$-26.7M
$71.8M
Q2 25
$-19.4M
$37.5M
Q1 25
$-34.4M
$32.6M
Q4 24
$-25.9M
$28.6M
Q3 24
$-20.4M
$25.1M
Q2 24
$-25.3M
$25.7M
Q1 24
$-36.0M
$25.4M
Total Assets
TLSI
TLSI
UAMY
UAMY
Q4 25
$35.3M
$153.9M
Q3 25
$36.5M
$79.9M
Q2 25
$41.3M
$47.5M
Q1 25
$28.6M
$39.5M
Q4 24
$24.0M
$34.6M
Q3 24
$27.5M
$29.8M
Q2 24
$32.4M
$28.9M
Q1 24
$17.9M
$28.0M
Debt / Equity
TLSI
TLSI
UAMY
UAMY
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.01×
Q3 24
0.01×
Q2 24
0.01×
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
TLSI
TLSI
UAMY
UAMY
Operating Cash FlowLast quarter
$-2.5M
$-3.5M
Free Cash FlowOCF − Capex
$-2.5M
$-15.2M
FCF MarginFCF / Revenue
-19.1%
-116.7%
Capex IntensityCapex / Revenue
0.3%
90.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-19.1M
$-37.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TLSI
TLSI
UAMY
UAMY
Q4 25
$-2.5M
$-3.5M
Q3 25
$-3.7M
$-3.9M
Q2 25
$-7.3M
$-627.7K
Q1 25
$-4.5M
$-1.7M
Q4 24
$-5.7M
$1.2M
Q3 24
$-10.8M
$411.2K
Q2 24
$-13.4M
$565.9K
Q1 24
$-10.9M
$65.0K
Free Cash Flow
TLSI
TLSI
UAMY
UAMY
Q4 25
$-2.5M
$-15.2M
Q3 25
$-3.9M
$-12.5M
Q2 25
$-7.4M
$-7.2M
Q1 25
$-5.3M
$-2.6M
Q4 24
$-5.8M
$970.6K
Q3 24
$-11.0M
$338.9K
Q2 24
$-13.5M
$467.9K
Q1 24
$-10.9M
$12.3K
FCF Margin
TLSI
TLSI
UAMY
UAMY
Q4 25
-19.1%
-116.7%
Q3 25
-33.9%
-144.1%
Q2 25
-66.1%
-68.0%
Q1 25
-57.3%
-37.0%
Q4 24
-69.7%
17.2%
Q3 24
-149.9%
13.2%
Q2 24
-183.1%
12.8%
Q1 24
-169.3%
0.4%
Capex Intensity
TLSI
TLSI
UAMY
UAMY
Q4 25
0.3%
90.1%
Q3 25
1.9%
99.7%
Q2 25
0.8%
62.1%
Q1 25
8.2%
12.3%
Q4 24
0.6%
3.7%
Q3 24
2.3%
2.8%
Q2 24
0.8%
2.7%
Q1 24
1.0%
1.7%
Cash Conversion
TLSI
TLSI
UAMY
UAMY
Q4 25
Q3 25
Q2 25
-3.46×
Q1 25
-3.16×
Q4 24
Q3 24
Q2 24
2.79×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

TLSI
TLSI

Segment breakdown not available.

UAMY
UAMY

Antimony$11.8M90%
Other$1.2M10%

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