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.
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
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 21.23M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 13M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 1.32
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 29.56
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -0.42
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 18.1
- EPS
- -13.16
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -28.99M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -302.34%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -225.6%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 2.28
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 2.09
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 1.92
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 11.4M
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 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 |
|---|---|---|---|
| edgar index | SCHEDULE 13G — Co-Diagnostics, Inc. | View Filing | |
| edgar index | EFFECT — Co-Diagnostics, Inc. | View Filing | |
| edgar index | S-3 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| form 4 | Form 4 — SERBIN RICHARD S | View Filing | |
| form 4 | Form 4 — SERBIN RICHARD S | View Filing | |
| form 4 | Form 4 — NELSON JAMES B | View Filing | |
| form 4 | Form 4 — NELSON JAMES B | View Filing | |
| form 4 | Form 4 — Egan Dwight H | View Filing | |
| form 4 | Form 4 — Egan Dwight H | View Filing | |
| form 4 | Form 4 — Egan Dwight H | View Filing | |
| form 4 | Form 4 — Murphy Edward L. | View Filing | |
| form 4 | Form 4 — Murphy Edward L. | View Filing | |
| form 4 | Form 4 — Durenard Eugene | View Filing | |
| form 4 | Form 4 — Durenard Eugene | View Filing | |
| form 4 | Form 4 — Brown Brian Lee | View Filing | |
| form 4 | Form 4 — Brown Brian Lee | View Filing | |
| form 4 | Form 4 — Brown Brian Lee | View Filing | |
| 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 | DRS — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 8-K — Co-Diagnostics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | EFFECT — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 8-K — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 10-Q — Co-Diagnostics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | S-3 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | DRS — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 8-K — Co-Diagnostics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G/A — Co-Diagnostics, Inc. | View Filing | |
| edgar index | S-8 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 8-K — Co-Diagnostics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Co-Diagnostics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 424B5 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 8-K — Co-Diagnostics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 4 — Co-Diagnostics, Inc. | View Filing | |
| form 4 | Form 4 — SERBIN RICHARD S | View Filing | |
| form 4 | Form 4 — SERBIN RICHARD S | View Filing | |
| form 4 | Form 4 — NELSON JAMES B | View Filing | |
| form 4 | Form 4 — NELSON JAMES B | View Filing | |
| form 4 | Form 4 — Egan Dwight H | View Filing | |
| form 4 | Form 4 — Egan Dwight H | View Filing | |
| form 4 | Form 4 — Egan Dwight H | View Filing | |
| form 4 | Form 4 — Murphy Edward L. | View Filing | |
| form 4 | Form 4 — Murphy Edward L. | View Filing | |
| form 4 | Form 4 — Durenard Eugene | View Filing | |
| form 4 | Form 4 — Durenard Eugene | View Filing | |
| form 4 | Form 4 — Brown Brian Lee | View Filing | |
| form 4 | Form 4 — Brown Brian Lee | View Filing | |
| form 4 | Form 4 — Brown Brian Lee | View Filing | |
| 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 | |
| edgar index | 8-K — Co-Diagnostics, Inc. | View Filing | |
| edgar index | 10-Q — Co-Diagnostics, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing |