| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -24.59 M USD | -28.47 M USD | -16.02 M USD | -18.53 M USD | -3.63 M USD | -3.43 M USD |
| Depreciation & Amortization | 36000 USD | 107000 USD | 96000 USD | 83000 USD | 93000 USD | 98000 USD |
| Stock-Based Compensation | 2.09 M USD | 3.75 M USD | 4.35 M USD | 3.57 M USD | 5.18 M USD | 475000 USD |
| Capital Expenditures | — | 4000 USD | 147000 USD | 171000 USD | 27000 USD | 10000 USD |
| Cash Flow from Investing | 9000 USD | -4000 USD | -147000 USD | -171000 USD | -27000 USD | -10000 USD |
| Cash Flow from Financing | 36.57 M USD | 23.57 M USD | 4.52 M USD | 5.55 M USD | 53.20 M USD | 5.76 M USD |
| Dividends Paid | — | — | — | — | — | — |
| Stock Buybacks | — | — | — | — | — | — |
| Free Cash Flow | — | -28.48 M USD | -16.16 M USD | -18.70 M USD | -3.66 M USD | -3.44 M USD |
Cognition Therapeutics Inc. is a clinical-stage biopharmaceutical company focused on the discovery and development of small molecule therapeutics targeting age-related degenerative disorders of the central nervous system and retina. Its lead candidate, zervimesine (also known as CT1812), is an investigational oral small molecule designed to penetrate the blood-brain and blood-retina barriers, selectively bind to the sigma-2 receptor complex, and restore normal neuronal functions such as autophagy, cholesterol biosynthesis, vesicle trafficking, and protein stabilization. The company is advancing zervimesine through clinical programs in Alzheimer’s disease, including mild-to-moderate and early stages, as well as dementia with Lewy bodies and geographic atrophy secondary to dry age-related macular degeneration. These efforts encompass Phase 2 and planned Phase 3 studies evaluating safety, tolerability, cognition, function, and neuropsychiatric outcomes, alongside expanded access programs. Founded in 2007 and headquartered in Purchase, New York, Cognition Therapeutics Inc. plays a role in addressing unmet needs in neurodegenerative and neuro-ophthalmic diseases by modulating cellular damage response mechanisms.