Cognition Therapeutics Inc. (CGTX) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2500 WESTCHESTER AVE PURCHASE, NY 10577 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2836 - Biological Products, Except Diagnostic Substances (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 25,009,000 | 29,922,000 | 41,562,000 | 54,721,000 | |||
| Cash and cash equivalent | 25,009,000 | 29,922,000 | 41,562,000 | 54,721,000 | |||
| Restricted cash and investments | |||||||
| Receivables | 2,686,000 | 1,281,000 | 3,672,000 | 2,266,000 | |||
| Prepaid expense | 1,860,000 | 3,019,000 | 2,413,000 | 1,994,000 | |||
| Other current assets | 11,000 | ||||||
| Total current assets: | 29,555,000 | 34,222,000 | 47,647,000 | 58,992,000 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 498,000 | 657,000 | 813,000 | ||||
| Property, plant and equipment | 181,000 | 284,000 | 233,000 | 145,000 | |||
| Other undisclosed noncurrent assets | 1,732,000 | ||||||
| Total noncurrent assets: | 679,000 | 941,000 | 2,778,000 | 145,000 | |||
| TOTAL ASSETS: | 30,234,000 | 35,163,000 | 50,425,000 | 59,137,000 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 9,604,000 | 7,750,000 | 5,310,000 | 5,919,000 | |||
| Accounts payable | 1,984,000 | 3,695,000 | 3,216,000 | 4,168,000 | |||
| Accrued liabilities | 7,620,000 | 4,055,000 | 2,094,000 | 1,751,000 | |||
| Other liabilities | 279,000 | 544,000 | 634,000 | 1,945,000 | |||
| Other undisclosed current liabilities | 1,259,000 | 1,875,000 | 1,851,000 | ||||
| Total current liabilities: | 11,142,000 | 10,169,000 | 7,795,000 | 7,864,000 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 342,000 | 520,000 | 2,381,000 | ||||
| Other liabilities | 1,686,000 | ||||||
| Operating lease, liability | 342,000 | 520,000 | 695,000 | ||||
| Total noncurrent liabilities: | 342,000 | 520,000 | 2,381,000 | ||||
| Total liabilities: | 11,484,000 | 10,689,000 | 10,176,000 | 7,864,000 | |||
| Equity | |||||||
| Equity, attributable to parent | 18,750,000 | 24,474,000 | 40,249,000 | 51,273,000 | |||
| Common stock | 60,000 | 32,000 | 29,000 | 22,000 | |||
| Additional paid in capital | 193,850,000 | 165,826,000 | 155,820,000 | 145,453,000 | |||
| Accumulated other comprehensive loss | (195,000) | (199,000) | (198,000) | ||||
| Accumulated deficit | (175,160,000) | (141,189,000) | (115,401,000) | (94,004,000) | |||
| Total equity: | 18,750,000 | 24,474,000 | 40,249,000 | 51,273,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 30,234,000 | 35,163,000 | 50,425,000 | 59,137,000 | |||
Income Statement (P&L) (USD)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Operating expenses | (53,966,000) | (50,724,000) | (43,551,000) | (28,598,000) | ||
| Operating loss: | (53,966,000) | (50,724,000) | (43,551,000) | (28,598,000) | ||
| Nonoperating income (Other Nonoperating income) | 19,995,000 | 24,936,000 | 22,154,000 | 16,882,000 | ||
| Interest and debt expense | (895,000) | |||||
| Loss from continuing operations: | (33,971,000) | (25,788,000) | (21,397,000) | (12,611,000) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (12,611,000) | |
| Net loss: | (33,971,000) | (25,788,000) | (21,397,000) | (12,611,000) | ||
| Other undisclosed net income attributable to parent | 895,000 | |||||
| Net loss attributable to parent: | (33,971,000) | (25,788,000) | (21,397,000) | (11,716,000) | ||
| Preferred stock dividends and other adjustments | (4,532,000) | |||||
| Net loss available to common stockholders, diluted: | (33,971,000) | (25,788,000) | (21,397,000) | (16,248,000) | ||
Comprehensive Income (USD)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Net loss: | (33,971,000) | (25,788,000) | (21,397,000) | (12,611,000) | ||
| Other comprehensive income (loss) | 4,000 | (1,000) | (11,000) | |||
| Comprehensive loss: | (33,971,000) | (25,784,000) | (21,398,000) | (12,622,000) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 195,000 | 895,000 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (33,776,000) | (25,784,000) | (21,398,000) | (11,727,000) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.