Co-Diagnostics, Inc. financial data

Symbol
CODX on Nasdaq
Location
4049 South Highland Drive, Salt Lake City, UT
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2025 - May 8, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 607 % -51.3%
Quick Ratio 20.5 % -64.9%
Debt-to-equity 14.2 % +43.9%
Return On Equity -60.2 % -42.1%
Return On Assets -52.7 % -36.7%
Operating Margin -1.1K % -70.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 33.6M shares +7.4%
Common Stock, Shares, Outstanding 33.6M shares +7.34%
Common Stock, Value, Issued 38.4K USD +6.35%
Weighted Average Number of Shares Outstanding, Basic 32M shares +7.39%
Weighted Average Number of Shares Outstanding, Diluted 32M shares +7.39%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.5M USD -47.6%
Cost of Revenue 786K USD -79.9%
Research and Development Expense 20.2M USD -14.6%
Selling and Marketing Expense 3.58M USD -46.8%
General and Administrative Expense 16M USD +12.9%
Operating Income (Loss) -38.4M USD +10.8%
Nonoperating Income (Expense) 2.56M USD -29.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -35.8M USD +9.07%
Income Tax Expense (Benefit) 46.6K USD -47.3%
Net Income (Loss) Attributable to Parent -35.9M USD +7.79%
Earnings Per Share, Basic -1 USD/shares +10.7%
Earnings Per Share, Diluted -1 USD/shares +10.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.9M USD -91.8%
Marketable Securities, Current 19.6M USD -27.1%
Accounts Receivable, after Allowance for Credit Loss, Current 136K USD -68.6%
Inventory, Net 1.08M USD -30.1%
Assets, Current 23.8M USD -55.6%
Property, Plant and Equipment, Net 2.59M USD -18.5%
Operating Lease, Right-of-Use Asset 1.89M USD -31.4%
Intangible Assets, Net (Excluding Goodwill) 26.1M USD -0.86%
Assets 55.1M USD -36.4%
Accounts Payable, Current 2.71M USD +33.8%
Accrued Liabilities, Current 1.61M USD +21.6%
Contract with Customer, Liability, Current 40.9K USD -86.7%
Liabilities, Current 5.38M USD +2.03%
Operating Lease, Liability, Noncurrent 1.03M USD -46.8%
Liabilities 7.23M USD -13.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax 331K USD +45.9%
Retained Earnings (Accumulated Deficit) -40.6M USD -761%
Stockholders' Equity Attributable to Parent 47.9M USD -38.8%
Liabilities and Equity 55.1M USD -36.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.75M USD -3%
Net Cash Provided by (Used in) Financing Activities 355K USD
Net Cash Provided by (Used in) Investing Activities 7.36M USD -55.9%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 38.4M shares +6.35%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.03M USD -113%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 1.93M USD -30.8%
Payments to Acquire Property, Plant, and Equipment 91.9K USD -77.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -35.8M USD +8.63%
Lessee, Operating Lease, Liability, to be Paid 2.09M USD -32.5%
Operating Lease, Liability, Current 903K USD +5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 301K USD -57.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 715K USD -29.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 159K USD -47.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 308K USD +2.62%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Operating Lease, Payments 258K USD -1.75%
Additional Paid in Capital 104M USD +5.41%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 280K USD -15.2%
Share-based Payment Arrangement, Expense 4.74M USD -38.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%