Alpha Cognition FY2025 revenue $10.2M, net loss $20.7M; ZUNVEYL bottles up 62% QoQ

Alpha Cognition Inc.

FY2025 total revenue $10.2M: ZUNVEYL net product revenue $6.8M + licensing $3.4M.
Q4 ZUNVEYL net product revenue $2.5M; 4,941 bottles dispensed (+62% QoQ); December strongest month.
Net loss $20.7M vs $14.8M in 2024; operating loss $22.7M vs $12.0M in 2024.
Cash $66.0M at year-end; expects ~2-year runway after $40M capital raise in Oct 2025.
Executed second national PBM contract, now covering two of four major long-term care PBMs.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Alpha Cognition Inc. reported the year ended December 31, 2025 results: revenue $10.2 million, net income $20.7 million.

Period: the year ended December 31, 2025
Revenue: $10.2 million
Net income: $20.7 million
Result: reported results

Exact text from the filing

Full Year Fiscal 2025 Financial Results ● Revenues: ZUNVEYL net product revenues were $6.8 million, and licensing revenue totaled $3.4 million, for a combined total of $10.2 million for the year ended December 31, 2025. ● Research & Development: Expenses were $1.9 million, compared to $3.9 million for fiscal year 2024 as the Company transitioned to commercial stage. ● Selling, General & Administrative : Expenses were $29.1 million, up from $8.0 million in 2024, reflecting increased commercial investment in personnel and infrastructure. ● Operating Loss: $22.7 million, compared to $12.0 million in 2024. ● Net Loss: $20.7 million, compared to $14.8 million in 2024.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Alpha Cognition Inc. reported the fourth quarter ended December 31, 2025 results: revenue $2.5 million.

Period: the fourth quarter ended December 31, 2025
Revenue: $2.5 million
Result: reported results

Exact text from the filing

Net ZUNVEYL Revenue: Generated approximately $2.5 million in net product revenue in the fourth quarter of 2025.

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Alpha Cognition Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-034778

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