Dallas, Tx -- April 1, 2026

DALLAS, TX -- April 1st, 2025 -- Alpha Cognition Inc. (NASDAQ: ACOG): Stonegate Capital Partners updates their coverage on Alpha Cognition Inc. (NASDAQ: ACOG). Alpha Cognition exited FY25 with ZUNVEYL showing increasingly durable traction in long-term care, as 4Q25 net product revenue reached $2.5M and FY25 total revenue reached $10.2M, including $6.8M of ZUNVEYL sales. More importantly, demand indicators continued to inflect, with bottles dispensed rising 62% q/q to 4,941 with December alone reaching a record 1,859 bottle. Repeat ordering remained strong, supporting management’s view that ZUNVEYL is moving beyond early trial use and becoming more embedded in facility treatment protocols.

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• ZUNVEYL adoption is becoming durable. 4Q25 sales hit $2.5M, bottles dispensed rose 62% q/q to 4,941, and December reached 1,859.
• LTC traction is strengthening with repeat behavior. 729 ordering homes, 82% repeat orders, and 865 prescribers with 69% repeat writers support protocol adoption.
• ACOG is funded to keep scaling commercialization. Ended FY25 with $66.0M cash, runway into 2027, and expects continued sequential sales growth in 2026.

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About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

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