What is Alpha Cognition's work in process?

Alpha Cognition (ACOG) reported work in process of $1.34M in Q1 2026.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Alpha Cognition ACOG Work in process

Work in process at other companies

Acadia PharmaceuticalsACAD

$80.72M+0.9%

ANI PharmaceuticalsANIP

$5.29M-3.5%

BiogenBIIB

——

AbbVieABBV

——

Other financials

Income statement

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Revenue$3.5M+20.7%

Gross profit$3.3M+12.7%

Operating income-$8.1M-138%

Net income-$6.5M-276%

EPS (diluted)-$0.32-191%

Balance sheet

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Cash & equivalents$54.3M+100,638%

Total equity$57.5M+49.2%

Total assets$69.2M+42.5%

Cash flow

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Operating cash flow-$11.8M-477%

CapEx$1.3K-97.9%

Free cash flow-$11.8M-460%

Valuation

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Market cap$157.21M+6.6%

P/S14.5×—

Profitability

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Gross margin89.3%—

Operating margin-250.1%—

Net margin-232.2%—

FCF margin-280.5%—

Returns & leverage

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Return on equity-52.4%-5.3pp

Current ratio12.6×-4.5×

Where this comes from

Reported directly by Alpha Cognition in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: Alpha Cognition’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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What is Alpha Cognition's work in process?: Alpha Cognition (ACOG) reported work in process of $1.34M in Q1 2026.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.