Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$34.27M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
211.18%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$14.48M
Q3 2024
Cash
Q3 2024
P/E
-0.4607
Nov 29, 2024 EST
Free Cash Flow
-$25.58M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $13.53M $13.23M $10.03M $4.520M $3.452M
YoY Change 2.28% 31.93% 121.81% 30.94%
% of Gross Profit
Research & Development $37.20M $30.32M $18.57M $12.89M $14.38M
YoY Change 22.66% 63.28% 44.11% -10.38%
% of Gross Profit
Depreciation & Amortization $96.00K $83.00K $93.00K $98.00K $81.00K
YoY Change 15.66% -10.75% -5.1% 20.99%
% of Gross Profit
Operating Expenses $50.72M $43.55M $28.60M $17.41M $17.83M
YoY Change 16.47% 52.29% 64.29% -2.38%
Operating Profit -$50.72M -$43.55M -$28.60M -$17.41M
YoY Change 16.47% 52.29% 64.29%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$27.00K -$28.00K $1.316M -$1.821M -$1.255M
YoY Change -3.57% -102.13% -172.27% 45.1%
% of Operating Profit
Other Income/Expense, Net $24.96M $22.15M $16.88M $9.568M $14.24M
YoY Change 12.68% 31.23% 76.44% -32.83%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$25.79M -$21.38M -$10.91M -$7.268M -$4.842M
YoY Change 20.59% 96.0% 50.11% 50.1%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$25.79M -$21.40M -$11.72M -$7.839M -$4.842M
YoY Change 20.52% 82.63% 49.46% 61.9%
Net Earnings / Revenue
Basic Earnings Per Share -$0.86 -$0.91 -$3.13 -$23.76
Diluted Earnings Per Share -$0.86 -$0.91 -$3.13 -$23.76 -$231.1K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $29.92M $41.56M $54.72M $5.189M $2.890M
YoY Change -28.01% -24.05% 954.56% 79.55%
Cash & Equivalents $29.92M $41.56M $54.72M $5.189M $2.890M
Short-Term Investments
Other Short-Term Assets $3.019M $2.413M $2.005M $567.0K $146.0K
YoY Change 25.11% 20.35% 253.62% 288.36%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $34.22M $47.65M $58.99M $6.908M $7.160M
YoY Change -28.18% -19.23% 753.97% -3.52%
Property, Plant & Equipment $941.0K $1.046M $145.0K $211.0K $299.0K
YoY Change -10.04% 621.38% -31.28% -29.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $1.732M
YoY Change -100.0%
Total Long-Term Assets $941.0K $2.778M $145.0K $211.0K $299.0K
YoY Change -66.13% 1815.86% -31.28% -29.43%
Total Assets $35.16M $50.43M $59.14M $7.119M $7.459M
YoY Change
Accounts Payable $3.695M $3.216M $4.168M $2.003M $2.357M
YoY Change 14.89% -22.84% 108.09% -15.02%
Accrued Expenses $4.229M $2.243M $1.751M $994.0K $1.321M
YoY Change 88.54% 28.1% 76.16% -24.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $4.000K
YoY Change -100.0%
Total Short-Term Liabilities $10.17M $7.795M $7.864M $3.250M $3.683M
YoY Change 30.46% -0.88% 141.97% -11.76%
Long-Term Debt $0.00 $0.00 $0.00 $12.85M $6.897M
YoY Change -100.0% 86.34%
Other Long-Term Liabilities $520.0K $2.381M $0.00 $3.831M $2.374M
YoY Change -78.16% -100.0% 61.37%
Total Long-Term Liabilities $520.0K $2.381M $0.00 $16.68M $9.271M
YoY Change -78.16% -100.0% 79.95%
Total Liabilities $10.69M $10.18M $7.864M $19.93M $12.95M
YoY Change 5.04% 29.4% -60.55% 53.88%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 30.03M 23.64M 5.191M 508.1K
Diluted Shares Outstanding 30.03M 23.64M 5.191M 508.1K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $15.788 Million

About COGNITION THERAPEUTICS INC

Cognition Therapeutics, Inc. is a clinical stage neuroscience company, which engages in developing drugs that help restore normal cellular damage responses in neurodegenerative and neuro-ophthalmic disorders. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 25 full-time employees. The company went IPO on 2021-10-08. The firm is investigating its lead candidate CT1812 in clinical programs in Alzheimer's disease, dementia with Lewy bodies and dry age-related macular degeneration (dry AMD). Its lead product candidate, CT1812, is an investigational orally delivered, small molecule modulator that penetrates the blood-brain and blood-retina barriers and binds selectively to the sigma-2 receptor (S2R) complex; and through its modulation of S2R restores normal function of synapses, as well as critical cellular processes such as autophagy, cholesterol biosynthesis, vesicle trafficking, progesterone signaling, lipid membrane-bound protein trafficking and receptor stabilization at the cell surface. The company is developing other product candidates in the area of synucleinopathies.

Industry: Biological Products, (No Diagnostic Substances) Peers: DMK PHARMACEUTICALS Corp Item 9 Labs Corp. ALIMERA SCIENCES INC Opus Genetics, Inc. CUMBERLAND PHARMACEUTICALS INC Endexx Corp JOHNSON & JOHNSON Lipocine Inc. Zynerba Pharmaceuticals, Inc.