Alpha Cognition Inc. $ACOG
Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.
Snapshot
- Exchange
- Nasdaq Capital Market
- Sector
- Biological Products, (No Diagnostic Substances)
- Headquarters
- Grapevine, TX
- Fiscal year end
- December 31
- Shares outstanding
- 21,777,868 [10-Q 2026-08-13]
What the company doesAI summary of filing
Alpha Cognition Inc. is a biopharmaceutical company developing treatments for neurodegenerative diseases, primarily Alzheimer's disease. The company's main revenue-generating product is ZUNVEYL (benzgalantamine), an acetylcholinesterase inhibitor oral tablet that received FDA approval on July 26, 2024, for mild-to-moderate Alzheimer's disease and launched commercially on March 19, 2025. The company makes money by selling ZUNVEYL directly in the United States through a specialty sales force targeting long-term care facilities, with a wholesale acquisition cost of $820 per month, and through international licensing partnerships such as an exclusive agreement with CMS International for distribution in Asia, Australia, and New Zealand. The company also has additional pre-clinical stage programs including ZUNVEYL combined with memantine for moderate-to-severe Alzheimer's disease, sublingual formulations of benzgalantamine, and other neurodegenerative disease candidates including programs for ALS and spinal muscular atrophy. [10-K 2026-03-31]
Financial health
| Period | Revenue | Net income | Operating cash flow | Cash | Filing |
|---|---|---|---|---|---|
| 6 months to Jun 2026 | $9.63M | −$15.27M | −$18.66M | $41.38M | [10-Q 2026-08-13] |
| FY ended Dec 2025 | $10.22M | −$20.67M | −$20.38M | $66.05M | [10-K 2026-03-31] |
| FY ended Dec 2024 | — | −$14.79M | −$7.76M | $48.55M | [10-K 2026-03-31] |
- Quarterly cash burn
- −$9.33M
- Cash runway Estimate
- ~13.3 months
Capital structure and dilution
| Date | Shares outstanding | Filing |
|---|---|---|
| 2024-11-14 | 15,531,282 | [10-Q 2024-11-14] |
| 2025-03-31 | 16,019,787 | [10-K 2025-03-31] |
| 2025-05-15 | 16,019,787 | [10-Q 2025-05-15] |
| 2025-08-14 | 16,160,787 | [10-Q 2025-08-14] |
| 2025-11-13 | 21,742,104 | [10-Q 2025-11-13] |
| 2026-03-31 | 21,774,104 | [10-K 2026-03-31] |
| 2026-05-14 | 21,774,104 | [10-Q 2026-05-14] |
| 2026-08-13 | 21,777,868 | [10-Q 2026-08-13] |
- Shelf registration
- S-3 filed 2025-08-22; declared effective 2025-08-29 [S-3 2025-08-22]
Listing status
Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.
Who owns it
| Date | Insider | Type | Shares | Price | Filing |
|---|---|---|---|---|---|
| 2026-10-01 | Opaleye Management Inc. | buy | 19,050 | $8.69 | [4 2026-10-02] |
| 2026-09-25 | Opaleye Management Inc. | buy | 13,426 | $8.47 | [4 2026-09-28] |
| 2026-09-24 | Opaleye Management Inc. | buy | 18,337 | $8.57 | [4 2026-09-28] |
| 2026-09-16 | Opaleye Management Inc. | buy | 53,029 | $8.57 | [4 2026-09-16] |
| 2026-09-16 | Opaleye Management Inc. | buy | 27,141 | $8.40 | [4 2026-09-16] |
| 2026-09-15 | Opaleye Management Inc. | buy | 3,375 | $8.54 | [4 2026-09-16] |
| 2026-09-14 | Opaleye Management Inc. | buy | 40,373 | $8.70 | [4 2026-09-16] |
| 2026-08-21 | Wills Robert James | buy | 10,000 | $9.62 | [4 2026-08-24] |
| 2026-08-03 | Opaleye Management Inc. | buy | 50,000 | $8.00 | [4 2026-08-04] |
| 2026-07-31 | Opaleye Management Inc. | buy | 2,900 | $7.92 | [4 2026-08-04] |
| 2026-07-24 | Opaleye Management Inc. | buy | 130 | $7.90 | [4 2026-07-28] |
| 2026-07-23 | Opaleye Management Inc. | buy | 49,849 | $7.80 | [4 2026-07-24] |
Catalysts and calendar
| Date | Type | Title |
|---|---|---|
| 2026-09-23 | 13G | Beneficial ownership report (5%+ holder) |
| 2026-08-13 | 10-Q | Quarterly report |
| 2026-07-24 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-06-29 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-06-23 | 8-K | Director or officer change; Shareholder vote results |
| 2026-05-22 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-05-14 | 10-Q | Quarterly report |
| 2026-05-12 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-05-11 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-05-01 | 8-K | Director or officer change |
| 2026-04-30 | DEF 14A | Proxy statement |
| 2026-04-20 | 8-K | Director or officer change |
Alerts for $ACOG
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Facts as of . Small caps move fast; check the latest filings.