For the quarter ending 2025-09-30, CODX has $44,740,761 in assets. $4,912,516 in debts. $11,443,943 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 11,443,943 | 11,115,181 | ||
| Marketable investment securities | - | 2,247,638 | ||
| Accounts receivable, net | 55,905 | 210,968 | ||
| Inventory, net | 1,089,956 | 1,084,627 | ||
| Income taxes receivable | 923,217 | - | ||
| Prepaid expenses and other current assets | 541,946 | 648,752 | ||
| Total current assets | 14,054,967 | 15,307,166 | ||
| Property and equipment, net | 2,485,112 | 2,673,390 | ||
| Operating lease right-of-use asset | 1,439,779 | 1,668,416 | ||
| Intangible assets, net | 26,101,000 | 26,101,000 | ||
| Investment in joint venture | 659,903 | 715,861 | ||
| Total assets | 44,740,761 | 46,465,833 | ||
| Accounts payable | 1,458,397 | 1,635,196 | ||
| Accrued expenses | 1,204,660 | 1,008,127 | ||
| Operating lease liability, current | 744,156 | 824,458 | ||
| Contingent consideration liabilities, current | 239,955 | 197,610 | ||
| Deferred revenue | 45,557 | 45,857 | ||
| Contingent consideration liabilities | - | 0 | ||
| Total current liabilities | 3,692,725 | 3,711,248 | ||
| Income taxes payable | 491,848 | 736,933 | ||
| Operating lease liability | 727,943 | 879,258 | ||
| Total long-term liabilities | 1,219,791 | 1,616,191 | ||
| Total liabilities | 4,912,516 | 5,327,439 | ||
| Common stock, 0.001 par value 100,000,000 shares authorized 52,991,260 shares issued and 48,142,582 shares outstanding as of september 30, 2025 and 37,902,222 shares issued and 33,053,544 shares outstanding as of december 31, 2024 | 52,991 | 41,031 | ||
| Treasury stock, at cost 4,848,678 shares held as of september 30, 2025 and december 31, 2024, respectively | 15,575,795 | 15,575,795 | ||
| Additional paid-in capital | 109,447,214 | 104,843,320 | ||
| Accumulated other comprehensive income | 94,888 | 134,068 | ||
| Accumulated deficit | -54,191,053 | -48,304,230 | ||
| Total stockholders equity | 39,828,245 | 41,138,394 | ||
| Total liabilities and stockholders equity | 44,740,761 | 46,465,833 | ||
Co-Diagnostics, Inc. (CODX)
Co-Diagnostics, Inc. (CODX)