Alpha Cognition Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	35.4	48.55	1.4	2.08	11.3	5.93
Cash & Short-Term Investments	35.4	48.55	1.4	2.08	11.3	5.93
Cash Growth	865.50%	3357.31%	-32.61%	-81.56%	90.70%	7.80%
Other Receivables	0.13	0.25	0.1	0.03	-	1.44
Receivables	2.97	0.25	0.16	0.03	-	1.44
Inventory	4.5	0.62	-	-	-	-
Prepaid Expenses	2.77	0.82	0.27	0.22	0.87	0.33
Restricted Cash	0.06	0.02	0.09	-	-	-
Total Current Assets	45.7	50.25	1.92	2.33	12.17	7.7
Property, Plant & Equipment	0.2	0.03	0	0	0.01	0.01
Other Intangible Assets	0.4	0.41	0.53	0.61	0.7	0.73
Other Long-Term Assets	-	0.05	-	-	-	-
Total Assets	46.3	50.74	2.45	2.95	12.88	8.44
Accounts Payable	0.84	0.87	0.48	2.02	0.45	0.03
Accrued Expenses	5.69	1.57	0.92	0.83	0.27	0.18
Current Portion of Long-Term Debt	-	0.91	1.21	1.21	1.08	0.02
Current Unearned Revenue	0.3	-	0.01	-	-	-
Other Current Liabilities	-	-	-	-	-	3.35
Total Current Liabilities	6.83	3.35	2.62	4.06	1.8	3.58
Long-Term Debt	-	-	-	-	-	3.19
Other Long-Term Liabilities	5.42	5.92	4.54	0.21	2.05	1.65
Total Liabilities	12.39	9.27	7.16	4.27	3.85	8.42
Common Stock	101.83	99.13	39.76	31.06	40.01	14.57
Additional Paid-In Capital	22.29	18.72	17.29	15.59	-	-
Retained Earnings	-90.1	-76.29	-61.65	-47.88	-38.03	-18.49
Comprehensive Income & Other	-0.1	-0.1	-0.1	-0.08	7.05	3.94
Total Common Equity	33.91	41.46	-4.7	-1.32	9.03	0.02
Shareholders' Equity	33.91	41.46	-4.7	-1.32	9.03	0.02
Total Liabilities & Equity	46.3	50.74	2.45	2.95	12.88	8.44
Total Debt	-	0.91	1.21	1.21	1.08	3.22
Net Cash (Debt)	35.4	47.63	0.19	0.87	10.23	2.71
Net Cash Growth	2337.85%	24620.03%	-77.91%	-91.47%	277.15%	-41.60%
Net Cash Per Share	2.39	6.57	0.05	0.32	4.79	1.58
Filing Date Shares Outstanding	21.74	16.02	6.03	2.44	2.44	43
Total Common Shares Outstanding	16.25	16.02	4.73	2.44	2.42	43
Working Capital	38.87	46.9	-0.7	-1.72	10.37	4.12
Book Value Per Share	2.09	2.59	-0.99	-0.54	3.72	0.00
Tangible Book Value	33.52	41.05	-5.24	-1.93	8.33	-0.71
Tangible Book Value Per Share	2.06	2.56	-1.11	-0.79	3.44	-0.02
Machinery	-	0.02	0.01	0.01	-	-
Construction In Progress	-	0.02	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q