Co-Diagnostics, Inc. (CODX) quarterly balance sheet — complete assets, liabilities & equity history
Co-Diagnostics, Inc. (CODX) balance sheet — 12-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 5.19M | 9.78M | 13.69M | 14.05M | 15.31M | 23.83M | 32.29M | 40.1M | 48.22M | 53.7M | 62.14M | 71.31M | 77.39M | 85.92M | 92.73M | 101.92M | 114.57M | 125.34M | 115.12M | 102.29M |
| Cash & Short-Term Investments | 3.65M | 8.23M | 11.88M | 11.44M | 13.36M | 21.48M | 29.75M | 37.66M | 44.88M | 49.96M | 58.55M | 63.43M | 69.14M | 75.28M | 81.26M | 86.49M | 96M | 97.42M | 89.86M | 83.91M |
| Cash Only | 3.65M | 8.23M | 11.88M | 11.44M | 11.12M | 1.9M | 2.94M | 10.8M | 13.86M | 23.1M | 14.92M | 10.24M | 13.83M | 6.36M | 22.97M | 81.51M | 86.05M | 97.42M | 88.61M | 82.66M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 2.25M | 19.58M | 26.81M | 26.86M | 31.02M | 26.86M | 43.63M | 53.19M | 55.31M | 68.92M | 58.29M | 4.98M | 9.95M | 0 | 1.26M | 1.25M |
| Accounts Receivable | 52.48K | 82.39K | 190.38K | 979.12K | 210.97K | 136.39K | 132.57K | 178.24K | 551.5K | 434.87K | 330.88K | 2.07M | 1.1M | 4.44M | 3.45M | 7.96M | 12.26M | 21.66M | 20.91M | 14.59M |
| Days Sales Outstanding | 36.94 | 84.1 | 203.84 | 376.56 | 97.02 | 240.73 | 95.75 | 52.36 | 16.89 | 137.85 | 31.08 | 59.32 | 1.27K | 589.74 | 374.68 | 182.59 | 307.27 | 84.41 | 80.05 | 41.79 |
| Inventory | 841.67K | 846.12K | 992.4K | 1.09M | 1.08M | 1.08M | 1.07M | 1.27M | 1.46M | 1.55M | 1.66M | 4.52M | 4.69M | 5.29M | 5.31M | 5.44M | 4.71M | 4.9M | 2M | 3.3M |
| Days Inventory Outstanding | 1.7K | 184.17 | 672.69 | 3.81K | 3.07K | 4.49K | 421.78 | 422.25 | 646.37 | 623.7 | 95.87 | 1.66K | 989.67 | 950.2 | 958.95 | 607.85 | 477.5 | 94.68 | 98.17 | 103.13 |
| Other Current Assets | 0 | 622.76K | 626.09K | 0 | 648.75K | 1.13M | 0 | 996.7K | 1.32M | 1.75M | 1.6M | 0 | 1.48M | 0 | 1.95M | 780.85K | 35.2K | 75K | 0 | 0 |
| Total Non-Current Assets | 11.4M | 11.72M | 11.05M | 30.69M | 31.16M | 31.32M | 31.71M | 32.28M | 32.48M | 32.97M | 33.18M | 37.37M | 35.42M | 31.07M | 30.35M | 45.93M | 46.27M | 45.81M | 45.47M | 3.07M |
| Property, Plant & Equipment | 3.74M | 4.16M | 3.48M | 3.92M | 4.34M | 4.49M | 4.88M | 5.32M | 5.6M | 5.94M | 6M | 5.84M | 6.02M | 3.46M | 2.91M | 2.89M | 2.95M | 2.86M | 1.93M | 1.52M |
| Fixed Asset Turnover | 0.04x | 0.04x | 0.07x | 0.04x | 0.04x | 0.01x | 0.03x | 0.12x | 0.46x | 0.04x | 0.60x | 0.41x | 0.04x | 0.19x | 0.48x | 1.74x | 1.73x | 9.48x | 11.80x | 22.15x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.39M | 15.39M | 14.81M | 14.71M | 0 |
| Intangible Assets | 7.22M | 7.22M | 7.22M | 26.1M | 26.1M | 26.1M | 26.1M | 26.18M | 26.25M | 26.33M | 26.4M | 26.48M | 26.55M | 26.66M | 26.77M | 26.88M | 26.98M | 27.09M | 27.2M | 0 |
| Long-Term Investments | 435.05K | 337.21K | 350.57K | 659.9K | 715.86K | 729.62K | 731.07K | 784.36K | 627.92K | 702.43K | 773.38K | 778.94K | 824.81K | 950K | 672.68K | 748.74K | 877.09K | 983.61K | 1.08M | 1.03M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.75K | 75K | 75K | 0 | 0 |
| Total Assets | 16.59M | 21.5M | 24.74M | 44.74M | 46.47M | 55.15M | 64M | 72.38M | 80.7M | 86.67M | 95.32M | 108.68M | 112.8M | 117M | 123.09M | 147.84M | 160.84M | 171.15M | 160.59M | 105.36M |
| Asset Turnover | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x | 0.03x | 0.00x | 0.03x | 0.02x | 0.00x | 0.01x | 0.01x | 0.03x | 0.03x | 0.14x | 0.15x | 0.30x |
| Asset Growth % | -64.3% | -61.02% | -61.34% | -38.19% | -42.42% | -36.37% | -32.86% | -33.4% | -28.46% | -25.92% | -22.56% | -26.49% | -29.87% | -31.64% | -23.36% | 40.32% | 73.34% | 110.99% | 125.44% | 92.79% |
| Total Current Liabilities | 2.86M | 4.28M | 3.54M | 3.69M | 3.71M | 5.38M | 7.32M | 5.8M | 5.31M | 5.27M | 5.75M | 5.1M | 5.12M | 3.61M | 3.87M | 6.01M | 6.72M | 13.02M | 12.6M | 4.12M |
| Accounts Payable | 1.08M | 2.02M | 1.88M | 1.46M | 1.64M | 2.71M | 3.29M | 2.18M | 1.86M | 2.03M | 1.48M | 1.42M | 1.71M | 829.82K | 952.3K | 2.06M | 848.38K | 1.22M | 607.51K | 800K |
| Days Payables Outstanding | 3.11K | 390.29 | 1.08K | 5.41K | 6.16K | 12.52K | 986.6 | 624.86 | 834.54 | 680.98 | 44.93 | 562.68 | 251.93 | 159.67 | 268.29 | 173.97 | 102.56 | 24.99 | 26.04 | 17.05 |
| Short-Term Debt | 0 | 857.64K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 28.64K | 600 | 14.8K | 0 | 45.86K | 40.86K | 0 | 60.48K | 220.93K | 306.48K | 362.45K | 349.5K | 0 | 18.12K | 0 | 0 | 0 | 0 | 150K | 189.56K |
| Other Current Liabilities | 72.93K | 1.41M | 119.04K | 285.51K | 197.61K | 109.28K | 543.68K | 838.03K | 838.03K | 750.88K | 1.42M | 2.54M | 1M | 2.48M | 1.69M | 2.15M | 3.76M | 4.07M | 7.17M | 0 |
| Current Ratio | 1.81x | 2.28x | 3.87x | 3.81x | 4.12x | 4.43x | 4.41x | 6.92x | 9.09x | 10.19x | 10.81x | 13.99x | 15.13x | 23.80x | 23.94x | 16.95x | 17.06x | 9.63x | 9.14x | 24.83x |
| Quick Ratio | 1.52x | 2.09x | 3.59x | 3.51x | 3.83x | 4.23x | 4.27x | 6.70x | 8.81x | 9.90x | 10.52x | 13.10x | 14.21x | 22.33x | 22.57x | 16.05x | 16.36x | 9.25x | 8.98x | 24.03x |
| Cash Conversion Cycle | -1.38K | -122.02 | -201.35 | -1.23K | -2.99K | -7.79K | -469.08 | -150.26 | -171.27 | 80.58 | 82.02 | 1.15K | 2.01K | 1.38K | 1.07K | 616.47 | 682.21 | 154.1 | 152.19 | 127.87 |
| Total Non-Current Liabilities | 1.01M | 1.17M | 574.3K | 1.22M | 1.62M | 1.85M | 2.37M | 2.8M | 3M | 3.05M | 3.56M | 4.09M | 4.25M | 2.76M | 4.69M | 6.88M | 9.65M | 10.42M | 13.52M | 1.08M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.01M | 1.17M | 574.3K | 727.94K | 879.26K | 1.03M | 1.24M | 1.47M | 1.7M | 1.93M | 2.15M | 2.25M | 2.46M | 658.14K | 50.71K | 126.28K | 201.27K | 275.67K | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 203.34K | 2.42M | 3.8M | 5.31M | 5.87M | 7.79M | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 491.85K | 736.93K | 823.68K | 1.14M | 1.33M | 1.29M | 1.12M | 1.41M | 1.84M | 1.8M | 1.9M | 2.22M | 2.96M | 4.14M | 4.27M | 5.73M | 1.08M |
| Total Liabilities | 3.88M | 5.46M | 4.11M | 4.91M | 5.33M | 7.23M | 9.69M | 8.6M | 8.3M | 8.32M | 9.31M | 9.19M | 9.37M | 6.37M | 8.57M | 12.9M | 16.37M | 23.44M | 26.12M | 5.2M |
| Total Debt | 1.8M | 2.03M | 1.24M | 1.47M | 1.7M | 1.93M | 2.15M | 2.37M | 2.58M | 2.79M | 2.99M | 3.04M | 3.23M | 935.43K | 347.92K | 418.82K | 489.17K | 558.97K | 0 | 0 |
| Net Debt | -1.85M | -6.2M | -10.65M | -9.97M | -9.41M | 28.13K | -784.37K | -8.43M | -11.28M | -20.31M | -11.93M | -7.19M | -10.6M | -5.42M | -22.63M | -81.09M | -85.56M | -96.86M | -88.61M | -82.66M |
| Debt / Equity | 0.14x | 0.13x | 0.06x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.03x | 0.03x | 0.03x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.06x | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -9.62x | -8.51x | -6.02x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 12.71M | 16.04M | 20.63M | 39.83M | 41.14M | 47.92M | 54.31M | 63.78M | 72.4M | 78.35M | 86.01M | 99.49M | 103.43M | 110.63M | 114.52M | 134.95M | 144.47M | 147.71M | 134.48M | 100.16M |
| Equity Growth % | -69.1% | -66.52% | -62.02% | -37.56% | -43.18% | -38.84% | -36.86% | -35.89% | -30% | -29.18% | -24.89% | -26.27% | -28.41% | -25.11% | -14.84% | 34.73% | 65.55% | 93.71% | 101.62% | 89.78% |
| Book Value per Share | 2.95 | 7.12 | 15.51 | 31.53 | 37.28 | 44.86 | 49.29 | 62.75 | 72.10 | 78.77 | 82.55 | 101.65 | 106.67 | 112.57 | 111.28 | 129.25 | 133.47 | 127.67 | 134.69 | 100.32 |
| Total Shareholders' Equity | 12.71M | 16.04M | 20.63M | 39.83M | 41.14M | 47.92M | 54.31M | 63.78M | 72.4M | 78.35M | 86.01M | 99.49M | 103.43M | 110.63M | 114.52M | 134.95M | 144.47M | 147.71M | 134.48M | 100.16M |
| Common Stock | 70.48K | 69.21K | 67.7K | 52.99K | 41.03K | 38.42K | 37.9K | 36.78K | 36.76K | 36.13K | 36.11K | 35.37K | 35.35K | 34.82K | 34.75K | 34.33K | 34.31K | 33.98K | 33.82K | 28.89K |
| Retained Earnings | -95.8M | -89.51M | -80.37M | -54.19M | -48.3M | -40.57M | -33.04M | -22.01M | -12.31M | -4.71M | 4.6M | 19.27M | 25.26M | 34.18M | 39.93M | 61.84M | 63.2M | 65.88M | 54.17M | 46.67M |
| Treasury Stock | -15.58M | -15.58M | -15.58M | -15.58M | -15.58M | -15.58M | -15.58M | -15.58M | -15.58M | -15.58M | -15.58M | -15.42M | -15.25M | -14.69M | -14.21M | -12.99M | -2.6M | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 94.89K | 134.07K | 330.65K | 418.44K | 408.37K | 371.21K | 226.56K | 146.7K | 612.65K | 579.13K | 471.76K | 293.14K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |