MyFinsight

HomeBlogAbout

MyFinsight

Making company financials insightful for everyone

  • About
  • Blog
  • Privacy Policy
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2026 MyFinsight. All rights reserved.

Co-Diagnostics, Inc. (CODX)

Co-Diagnostics, Inc. (CODX)

|||

Cash Flow Overview

Change in Cash
-$4,581,352
Free Cash flow
-$7,171,325
Unit: Dollar
Positive Cash Flow Breakdown
    • Issuance of common stock related...
    • Stock-based compensation expense
    • Depreciation and amortization
    • Others
Negative Cash Flow Breakdown
    • Net loss
    • Accounts payable, accrued expens...
    • Investment in joint ventures
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Common stock issued for financial advisory services
0
-
0
0
Realized gain on investments
0
-
0
41,542
Loss on disposition of assets
0
-
-77,417
4,000
Income taxes payable
0
-
-491,848
-245,085
Depreciation and amortization
201,840
255,445
267,566
267,383
Impairment charges
-
-
18,882,000
-
Stock-based compensation expense
213,752
219,114
291,975
500,585
Change in fair value of acquisition contingencies
-29,171
75,280
120,919
-42,345
Non-cash lease expense
2,380
-1,349
-3,212
-2,982
Loss from equity method investment
-52,157
-13,361
24,862
-55,959
Provision for credit losses (recoveries of)
-
-
-
-9,127
Recoveries of credit losses
-
-
26,006
-
Provision for credit losses
-3,607
4,164
-
-
Inventory obsolescence recoveries
-31,331
-27,884
88,039
-43,681
Accounts receivable
-33,887
-103,872
130,839
-164,190
Prepaid expenses and other assets
26,289
-3,277
-655,510
759,594
Inventory
-35,781
-174,162
-9,519
-38,353
Deferred revenue
28,044
-14,200
-30,757
-300
Accounts payable, accrued expenses and other liabilities
-1,405,043
639,080
80,469
19,734
Net loss
-6,283,786
-9,140,038
-25,745,725
-5,886,823
Net cash used in operating activities
-7,153,044
-7,846,276
-6,199,298
-5,904,585
Proceeds from maturities of marketable investment securities
0
-
-94,888
2,252,362
Purchases of marketable securities
0
-
0
2,362
Purchases of property and equipment
18,281
142,017
131,969
75,105
Investment in joint ventures
150,000
-
102,566
-
Net cash (used in) provided by investing activities
-168,281
-142,017
-329,423
2,174,895
Proceeds from exercise of options
-
-
12,500
-
Issuance of common stock related to at-the-market offering, net of offering costs
-
-
496,884
530,183
Issuance of common stock related to private placement transaction and warrant exercises, net of offering costs
2,739,973
-
-
-
Issuance of common stock related to at-the-market offering, net of offering costs
0
4,334,670
6,460,001
3,528,269
Net cash provided by financing activities
2,739,973
4,334,670
6,969,385
4,058,452
Net increase (decrease) in cash and cash equivalents
-4,581,352
-3,653,623
440,664
328,762
Cash and cash equivalents at beginning of period
8,230,984
11,884,607
11,443,943
2,936,544
Cash and cash equivalents at end of period
3,649,632
8,230,984
11,884,607
11,443,943
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Issuance of common stockrelated to private...$2,739,973 Net cash provided byfinancing activities$2,739,973 (249.60%↑ Y/Y)Net increase(decrease) in cash and cash...-$4,581,352 (-156.02%↓ Y/Y)Canceled cashflow$2,739,973 Stock-based compensationexpense$213,752 (-85.31%↓ Y/Y)Depreciation andamortization$201,840 (-64.70%↓ Y/Y)Loss from equitymethod investment-$52,157 (-243.05%↓ Y/Y)Inventory-$35,781 (57.10%↑ Y/Y)Accounts receivable-$33,887 (-152.01%↓ Y/Y)Change in fair value ofacquisition contingencies-$29,171 (-104.01%↓ Y/Y)Deferred revenue$28,044 (460.88%↑ Y/Y)Non-cash lease expense$2,380 (218.82%↑ Y/Y)Net cash used inoperating activities-$7,153,044 (58.00%↑ Y/Y)Canceled cashflow$597,012 Net cash (used in)provided by investing...-$168,281 (-100.69%↓ Y/Y)Net loss-$6,283,786 (58.83%↑ Y/Y)Accounts payable,accrued expenses and...-$1,405,043 (56.27%↑ Y/Y)Inventory obsolescencerecoveries-$31,331 (67.12%↑ Y/Y)Prepaid expenses andother assets$26,289 (103.81%↑ Y/Y)Provision for creditlosses-$3,607 Investment in jointventures$150,000 Purchases of property andequipment$18,281 (-96.29%↓ Y/Y)