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Side-by-side financial comparison of Tonix Pharmaceuticals Holding Corp. (TNXP) and UNITED BANCORP INC (UBCP). Click either name above to swap in a different company.

UNITED BANCORP INC is the larger business by last-quarter revenue ($6.9M vs $5.4M, roughly 1.3× Tonix Pharmaceuticals Holding Corp.). UNITED BANCORP INC runs the higher net margin — 29.6% vs -870.3%, a 899.9% gap on every dollar of revenue. On growth, Tonix Pharmaceuticals Holding Corp. posted the faster year-over-year revenue change (108.8% vs 8.6%). UNITED BANCORP INC produced more free cash flow last quarter ($-1.3M vs $-41.5M). Over the past eight quarters, Tonix Pharmaceuticals Holding Corp.'s revenue compounded faster (47.4% CAGR vs -0.7%).

Tonix Pharmaceuticals is a pharmaceutical company based in Chatham, New Jersey that focuses on repurposed drugs for central nervous system conditions and as of 2020 was also pursuing a vaccine for COVID-19 and a biodefense project.

United Bank was an American bank headquartered in Hartford, Connecticut, and had locations throughout Connecticut, Massachusetts and Rhode Island. The bank was acquired in 2019 by People's United Financial and branches were rebranded or closed.

TNXP vs UBCP — Head-to-Head

Bigger by revenue
UBCP
UBCP
1.3× larger
UBCP
$6.9M
$5.4M
TNXP
Growing faster (revenue YoY)
TNXP
TNXP
+100.2% gap
TNXP
108.8%
8.6%
UBCP
Higher net margin
UBCP
UBCP
899.9% more per $
UBCP
29.6%
-870.3%
TNXP
More free cash flow
UBCP
UBCP
$40.2M more FCF
UBCP
$-1.3M
$-41.5M
TNXP
Faster 2-yr revenue CAGR
TNXP
TNXP
Annualised
TNXP
47.4%
-0.7%
UBCP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TNXP
TNXP
UBCP
UBCP
Revenue
$5.4M
$6.9M
Net Profit
$-46.9M
$2.0M
Gross Margin
80.4%
Operating Margin
-895.8%
28.7%
Net Margin
-870.3%
29.6%
Revenue YoY
108.8%
8.6%
Net Profit YoY
-112.2%
10.1%
EPS (diluted)
$-4.28
$0.35

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
TNXP
TNXP
UBCP
UBCP
Q4 25
$5.4M
$6.9M
Q3 25
$3.3M
$8.1M
Q2 25
$2.0M
$8.0M
Q1 25
$2.4M
$7.5M
Q4 24
$2.6M
$6.3M
Q3 24
$2.8M
$7.4M
Q2 24
$2.2M
$7.4M
Q1 24
$2.5M
$7.0M
Net Profit
TNXP
TNXP
UBCP
UBCP
Q4 25
$-46.9M
$2.0M
Q3 25
$-32.0M
$1.9M
Q2 25
$-28.3M
$1.9M
Q1 25
$-16.8M
$1.9M
Q4 24
$-22.1M
$1.8M
Q3 24
$-14.2M
$1.8M
Q2 24
$-78.8M
$1.7M
Q1 24
$-14.9M
$2.0M
Gross Margin
TNXP
TNXP
UBCP
UBCP
Q4 25
80.4%
Q3 25
58.4%
Q2 25
-63.8%
Q1 25
61.2%
Q4 24
54.2%
Q3 24
44.9%
Q2 24
-52.5%
Q1 24
33.1%
Operating Margin
TNXP
TNXP
UBCP
UBCP
Q4 25
-895.8%
28.7%
Q3 25
-1005.1%
23.7%
Q2 25
-1416.2%
24.2%
Q1 25
-660.9%
24.5%
Q4 24
-870.6%
28.1%
Q3 24
-551.2%
23.9%
Q2 24
-3501.6%
21.8%
Q1 24
-860.2%
30.7%
Net Margin
TNXP
TNXP
UBCP
UBCP
Q4 25
-870.3%
29.6%
Q3 25
-972.9%
23.9%
Q2 25
-1415.0%
24.0%
Q1 25
-692.8%
24.9%
Q4 24
-856.2%
29.1%
Q3 24
-503.6%
24.7%
Q2 24
-3567.8%
23.6%
Q1 24
-601.9%
28.5%
EPS (diluted)
TNXP
TNXP
UBCP
UBCP
Q4 25
$-4.28
$0.35
Q3 25
$-3.59
$0.34
Q2 25
$-3.86
$0.33
Q1 25
$-2.84
$0.32
Q4 24
$2302.65
$0.31
Q3 24
$-22.68
$0.31
Q2 24
$-1920.85
$0.30
Q1 24
$-535.72
$0.35

Balance Sheet & Financial Strength

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

Metric
TNXP
TNXP
UBCP
UBCP
Cash + ST InvestmentsLiquidity on hand
$207.6M
$46.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$245.2M
$70.5M
Total Assets
$277.2M
$857.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TNXP
TNXP
UBCP
UBCP
Q4 25
$207.6M
$46.5M
Q3 25
$190.1M
$45.7M
Q2 25
$125.3M
$49.7M
Q1 25
$131.7M
$36.4M
Q4 24
$98.8M
$19.6M
Q3 24
$28.2M
$37.8M
Q2 24
$4.2M
$37.6M
Q1 24
$7.0M
$46.9M
Total Debt
TNXP
TNXP
UBCP
UBCP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$8.7M
Q3 24
$9.4M
Q2 24
$10.1M
Q1 24
$10.8M
Stockholders' Equity
TNXP
TNXP
UBCP
UBCP
Q4 25
$245.2M
$70.5M
Q3 25
$231.1M
$66.5M
Q2 25
$168.0M
$59.7M
Q1 25
$180.4M
$60.8M
Q4 24
$139.6M
$63.5M
Q3 24
$74.2M
$65.5M
Q2 24
$42.1M
$60.6M
Q1 24
$108.1M
$63.2M
Total Assets
TNXP
TNXP
UBCP
UBCP
Q4 25
$277.2M
$857.4M
Q3 25
$252.4M
$866.8M
Q2 25
$187.4M
$847.9M
Q1 25
$192.9M
$830.7M
Q4 24
$162.9M
$816.7M
Q3 24
$95.0M
$825.5M
Q2 24
$70.3M
$821.8M
Q1 24
$135.3M
$834.0M
Debt / Equity
TNXP
TNXP
UBCP
UBCP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.06×
Q3 24
0.13×
Q2 24
0.24×
Q1 24
0.10×

Cash Flow & Capital Efficiency

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

Metric
TNXP
TNXP
UBCP
UBCP
Operating Cash FlowLast quarter
$-39.6M
$10.5M
Free Cash FlowOCF − Capex
$-41.5M
$-1.3M
FCF MarginFCF / Revenue
-770.4%
-19.2%
Capex IntensityCapex / Revenue
34.8%
171.0%
Cash ConversionOCF / Net Profit
5.14×
TTM Free Cash FlowTrailing 4 quarters
$-103.2M
$-819.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TNXP
TNXP
UBCP
UBCP
Q4 25
$-39.6M
$10.5M
Q3 25
$-28.8M
$3.2M
Q2 25
$-14.8M
$3.8M
Q1 25
$-16.6M
$1.1M
Q4 24
$-14.6M
$8.4M
Q3 24
$-18.8M
$4.4M
Q2 24
$-9.9M
$-789.0K
Q1 24
$-17.6M
$3.6M
Free Cash Flow
TNXP
TNXP
UBCP
UBCP
Q4 25
$-41.5M
$-1.3M
Q3 25
$-29.7M
$-367.0K
Q2 25
$-15.4M
$1.5M
Q1 25
$-16.6M
$-594.0K
Q4 24
$-14.6M
$-1.2M
Q3 24
$-18.8M
$-1.7M
Q2 24
$-1.5M
Q1 24
$-17.7M
$223.0K
FCF Margin
TNXP
TNXP
UBCP
UBCP
Q4 25
-770.4%
-19.2%
Q3 25
-904.1%
-4.5%
Q2 25
-768.8%
18.3%
Q1 25
-682.8%
-7.9%
Q4 24
-566.7%
-19.7%
Q3 24
-666.5%
-22.9%
Q2 24
-20.5%
Q1 24
-712.4%
3.2%
Capex Intensity
TNXP
TNXP
UBCP
UBCP
Q4 25
34.8%
171.0%
Q3 25
29.2%
43.7%
Q2 25
26.4%
29.0%
Q1 25
0.2%
22.0%
Q4 24
0.1%
152.8%
Q3 24
0.3%
82.8%
Q2 24
0.0%
9.8%
Q1 24
4.4%
48.6%
Cash Conversion
TNXP
TNXP
UBCP
UBCP
Q4 25
5.14×
Q3 25
1.64×
Q2 25
1.98×
Q1 25
0.57×
Q4 24
4.57×
Q3 24
2.42×
Q2 24
-0.45×
Q1 24
1.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TNXP
TNXP

Zembrace Symtouch$3.1M58%
Other$2.3M42%

UBCP
UBCP

Segment breakdown not available.

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