Co-Diagnostics (CODX)

Nasdaq Market Open

Co-Diagnostics, Inc. is a US molecular diagnostics company that develops and commercialises technology for detecting genetic material in clinical and other testing applications. Its work centres on nucleic acid testing, where DNA or RNA sequences are identified to help diagnose infectious diseases or locate genetic markers. The company’s assays are built around its proprietary CoPrimer technology, which is designed for use in polymerase chain reaction testing and related molecular workflows.

Co-Diagnostics targets markets where cost, accessibility, and speed are important considerations. Its test menu and development efforts have included assays for diseases such as tuberculosis, Zika, hepatitis B and C, malaria, dengue, and other pathogens. The company has also applied its platform to respiratory disease testing and continues to position its technology for both central laboratory and more decentralised diagnostic settings.

The company generates opportunities through a mix of product sales, licensing, manufacturing, and partnerships. Its platform can be used to design tests for the Co-Dx PCR system, while the same underlying technology may also support applications beyond infectious disease, including broader genetic analysis. This gives Co-Diagnostics exposure to the expanding molecular diagnostics market, where healthcare providers, public health agencies, and laboratories increasingly rely on genetic testing to identify disease earlier and more accurately.

For investors, CODX represents a small-cap diagnostics business whose prospects are tied to test adoption, regulatory progress, product execution, and demand for affordable molecular testing solutions.

5.60 USD
−0.06 (-1.04%)

Last updated

Market Cap
21.23M
P/E
P/FCF
P/S
29.56
Enterprise Value
13M
Sector
Health Care
Industry
Surgical and Medical Instruments and Apparatus
Address
2401 S FOOTHILL DRIVE, SALT LAKE CITY, UT, 84109
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Market Cap
21.23M
Enterprise Value
13M
P/E
P/B
1.32
P/S
29.56
EV / EBITDA
-0.42
EV / Sales
18.1
EPS
-13.16
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-28.99M
ROE
-302.34%
ROA
-225.6%
Debt / Equity
0
Current Ratio
2.28
Quick Ratio
2.09
Cash
1.92
Avg Volume
11.4M
Fundamentals Snapshot Price
5.76

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 145.95K 263.92K 145.38K 162.91K 50.28K
Gross profit -47.81K 121.53K 119.1K 130.8K 28.69K
Operating income -9.21M -26.54M -7.01M -8.06M -8.55M
EBITDA -8.95M -7.39M -6.75M -7.77M -8.27M
Net income -9.14M -25.75M -5.89M -7.73M -7.53M
Basic EPS -4.06 -16.65 -4.8 -6.9 -7.05
Diluted EPS -4.06 -16.65 -4.8 -6.9 -7.05

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 21.5M 24.74M 44.74M 46.47M 55.15M
Total liabilities 5.46M 4.11M 4.91M 5.33M 7.23M
Total equity 16.04M 20.63M 39.83M 41.14M 47.92M
Cash & equivalents 8.23M 11.88M 11.44M 11.12M 1.9M
Current assets 9.78M 13.69M 14.05M 15.31M 23.83M
Current liabilities 4.28M 3.54M 3.69M 3.71M 5.38M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -7.85M -6.2M -5.9M -8.29M -8.75M
Investing cash flow -142.02K -329.42K 2.17M 17.07M 7.36M
Financing cash flow 4.33M 6.97M 4.06M 429K 354.75K
Change in cash -3.65M 440.66K 328.76K 9.21M -1.03M
Kind Filing Date Link
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form 4 Form 4 — SERBIN RICHARD S View Filing
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form 4 Form 4 — Murphy Edward L. View Filing
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form 4 Form 4 — Brown Brian Lee View Filing
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form 4 Form 4 — Abbott Richard David View Filing
form 4 Form 4 — Abbott Richard David View Filing
form 4 Form 4 — Abbott Richard David View Filing
edgar index SCHEDULE 13G — Co-Diagnostics, Inc. View Filing
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edgar index 10-Q — Co-Diagnostics, Inc. View Filing
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