Cognition Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-19T00:39:16Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | -28.48M | -16.16M | -18.70M | -3.66M | -3.44M |
| EBITDA | -47.76M | -53.86M | -50.63M | -43.47M | -28.50M | -17.31M |
| Working Capital | 34.07M | 18.41M | 24.05M | 39.85M | 51.13M | 3.66M |
| Net Debt | -36.48M | -24.47M | -29.23M | -40.72M | — | 7.22M |
| Return on Equity (ROE) | -68.53% | -181.18% | -105.37% | -53.16% | -22.85% | 11.50% |
| Return on Assets (ROA) | -48.54% | -112.36% | -73.34% | -42.43% | -19.81% | -110.11% |
| Current Ratio | 3.45× | 2.65× | 3.37× | 6.11× | 7.50× | 2.13× |
| Debt-to-Equity | 0.01× | 0.03× | 0.03× | 0.02× | — | -0.18× |
| Cash Conversion Ratio | 1.05× | 0.84× | 0.62× | 0.87× | 0.31× | 0.44× |
| Accruals Ratio | 0.02× | -0.18× | -0.28× | -0.06× | -0.14× | -0.62× |
| CapEx Coverage | — | -7118.50× | -108.97× | -108.38× | -134.48× | -343.30× |
| Free Cash Flow Per Share | — | $-0.72 | $-0.54 | $-0.79 | $-0.70 | $-6.78 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 37.19M | 41.68M | 37.20M | 30.32M | 18.57M | 12.89M |
| Operating Expenses | 47.80M | 53.97M | 50.72M | 43.55M | 28.60M | 17.41M |
| Operating Income (Loss) | -47.80M | -53.97M | -50.72M | -43.55M | -28.60M | -17.41M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | — |
| Net Income (Loss) Attributable to Parent | -23.49M | -33.97M | -25.79M | -21.40M | -11.72M | -7.84M |
| Earnings Per Share, Basic | $-0.32 | $-0.86 | $-0.86 | $-0.91 | $-3.13 | $-23.76 |
| Weighted Average Number of Shares Outstanding, Basic | 72.77M | 39.73M | 30.03M | 23.64M | 5.19M | 508,112 |
| Earnings Per Share, Diluted | $-0.32 | $-0.86 | $-0.86 | $-0.91 | $-3.13 | $-23.76 |
| Weighted Average Number of Shares Outstanding, Diluted | 72.77M | 39.73M | 30.03M | 23.64M | 5.19M | 508,112 |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 36.81M | 25.01M | 29.92M | 41.56M | 54.72M | 5.19M |
| Assets, Current | 47.99M | 29.55M | 34.22M | 47.65M | 58.99M | 6.91M |
| Assets | 48.39M | 30.23M | 35.16M | 50.42M | 59.14M | 7.12M |
| Liabilities, Current | 13.92M | 11.14M | 10.17M | 7.79M | 7.86M | 3.25M |
| Liabilities | 14.12M | 11.48M | 10.69M | 10.18M | 7.86M | 19.93M |
| Stockholders' Equity Attributable to Parent | 34.27M | 18.75M | 24.47M | 40.25M | 51.27M | -68.18M |
| Common Stock, Shares, Outstanding | 88.90M | 59.85M | 32.17M | 28.99M | 22.23M | 538,793 |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -24.59M | -28.47M | -16.02M | -18.53M | -3.63M | -3.43M |
| Payments to Acquire Property, Plant, and Equipment | — | 4.00K | 147.00K | 171.00K | 27.00K | 10.00K |
| Net Cash Provided by (Used in) Investing Activities | 9.00K | -4.00K | -147.00K | -171.00K | -27.00K | -10.00K |
| Net Cash Provided by (Used in) Financing Activities | 36.57M | 23.57M | 4.52M | 5.55M | 53.20M | 5.76M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | — | — | — | -8.38M |
| EBITDA | — | -13.66M | — | — | — | -10.70M |
| Working Capital | 29.76M | 34.07M | 36.23M | 6.68M | 11.92M | 18.41M |
| Net Debt | -30.86M | -36.48M | -38.95M | -10.32M | -15.95M | -24.47M |
| Return on Equity (ROE) | -15.28% | -9.75% | -13.50% | -95.80% | -69.11% | -41.82% |
| Return on Assets (ROA) | -12.65% | -6.91% | -11.36% | -34.32% | -36.09% | -25.94% |
| Current Ratio | 5.92× | 3.45× | 6.44× | 1.54× | 2.09× | 2.65× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.06× | 0.04× | 0.03× |
| Cash Conversion Ratio | 1.21× | 1.03× | 4.29× | 2.30× | 1.16× | 1.07× |
| Accruals Ratio | 0.03× | 0.00× | 0.37× | 0.45× | 0.06× | 0.02× |
| CapEx Coverage | — | — | — | — | — | -8382.00× |
| Free Cash Flow Per Share | — | — | — | — | — | $-0.21 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Research and Development Expense | 6.12M | 11.15M | 3.77M | 11.48M | 10.79M | 8.15M |
| Operating Expenses | 8.82M | 13.67M | 6.38M | 13.98M | 13.78M | 10.72M |
| Operating Income (Loss) | -8.82M | -13.67M | -6.38M | -13.98M | -13.78M | -10.72M |
| Net Income (Loss) Attributable to Parent | -4.57M | -3.34M | -4.93M | -6.73M | -8.48M | -7.84M |
| Earnings Per Share, Basic | $-0.05 | $-0.02 | $-0.06 | $-0.11 | $-0.14 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Basic | 89.19M | 72.77M | 77.95M | 63.69M | 61.83M | 39.73M |
| Earnings Per Share, Diluted | $-0.05 | $-0.02 | $-0.06 | $-0.11 | $-0.14 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Diluted | 89.19M | 72.77M | 77.95M | 63.69M | 61.83M | 39.73M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 31.13M | 36.81M | 39.33M | 10.74M | 16.43M | 25.01M |
| Assets, Current | 35.81M | 47.99M | 42.88M | 19.05M | 22.87M | 29.55M |
| Assets | 36.14M | 48.39M | 43.40M | 19.62M | 23.50M | 30.23M |
| Liabilities, Current | 6.05M | 13.92M | 6.65M | 12.36M | 10.95M | 11.14M |
| Liabilities | 6.23M | 14.12M | 6.87M | 12.59M | 11.23M | 11.48M |
| Stockholders' Equity Attributable to Parent | 29.91M | 34.27M | 36.53M | 7.03M | 12.27M | 18.75M |
| Common Stock, Shares, Outstanding | 89.35M | 88.90M | 88.27M | 64.96M | 61.97M | 59.85M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -5.54M | -3.44M | -21.15M | -15.50M | -9.88M | -8.38M |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | — | 1.00K |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | — | — | -1.00K |
| Net Cash Provided by (Used in) Financing Activities | -233.00K | 605.00K | 35.97M | 2.05M | 1.30M | 11.38M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (CGTX CIK 0001455365),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.