Alpha Cognition Inc.
ACOG Nasdaq· Biological Products, (No Diagnostic Substances)
Last close · Oct 27, 2026
$8.91
KIRA · Stoqly’s AI analyst, in plain words
- Alpha Cognition Inc. had $10.2M of revenue in fiscal 2025.
- Its operating margin was −221.7%: of every 100 in sales, about −222 is left after running the business.
- Alpha Cognition Inc. lost $20.7M in fiscal 2025.
- Free cash flow was −$20.7M in fiscal 2025, −202.3% of revenue.
Market cap
$194M
P/E
—
Revenue
$10.2M
Net income
−$20.7M
Free cash flow
−$20.7M
Operating margin
−221.7%
Alpha Cognition Inc. in 30 seconds · fiscal 2025
Does it make a profit?
−202.2%
No. It lost money last year.
Does profit turn into cash?
−202.3%
No. It spent more cash than it brought in.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Alpha Cognition Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- Alpha Cognition Inc.
- CIK
- 0001655923
Alpha Cognition Inc. · ACOG
Results and finances
The last 3 fiscal years. Amounts in USD.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Sales and profit | |||
| Revenue | — | — | $10.2M |
| Gross margin | — | — | 94.1% |
| Operating margin | — | — | −221.7% |
| Net income | −$13.8M | −$14.8M | −$20.7M |
| Net margin | — | — | −202.2% |
| Diluted EPS | −$3.84 | −$2.04 | −$1.18 |
| Cash | |||
| Cash from operations | −$8.8M | −$7.8M | −$20.4M |
| Capital expenditure | — | $0.0M | $0.3M |
| Free cash flow | — | −$7.8M | −$20.7M |
| FCF margin | — | — | −202.3% |
| Share count change | — | 102.2% | 144.0% |
| Debt and strength | |||
| Cash and short-term investments | $1.4M | $48.5M | $66.0M |
| Shareholders' equity | −$4.7M | $39.1M | $62.5M |
| Current ratio | 0.7x | 15.0x | 8.7x |
| Interest coverage | −567.9x | −114.1x | — |
| Returns and quality | |||
| Return on equity | — | −86.0% | −40.7% |
| Return on tangible equity | — | −38.2% | −33.3% |
| Altman Z'' | −111.7 | 3.1 | 3.7 |
Insiders bought, 12 months
$8.3M
3 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Alpha Cognition Inc. · ACOG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $8.91 a share, the company is worth $194M.
Source: SEC EDGAR XBRL filings (CIK 0001655923). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.