Financial Statements — CODX
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 8.23 | 11.44 | 11.12 | 1.90 | 10.80 | 13.86 | 23.10 | 10.24 | 13.83 | 6.36 | 81.51 | 86.05 | 97.42 | 82.66 | 70.27 | 57.79 |
| Short-term Investments | -- | -- | 2.25 | 19.58 | 26.86 | 31.02 | 26.86 | 53.19 | 55.31 | 68.92 | 4.98 | 9.95 | 1.26 | 1.25 | 2.11 | 2.30 |
| Accounts Receivable | 0.08 | 0.06 | 0.21 | 0.14 | 0.18 | 0.55 | 0.43 | 0.81 | 1.10 | 2.70 | 7.96 | 12.26 | 21.66 | 14.59 | 12.76 | 12.12 |
| Inventory | 0.85 | 1.09 | 1.08 | 1.08 | 1.27 | 1.46 | 1.55 | 4.52 | 4.69 | 5.29 | 5.44 | 4.71 | 4.90 | 3.30 | 4.12 | 6.20 |
| Total Current Assets | 9.78 | 14.05 | 15.31 | 23.83 | 40.10 | 48.22 | 53.70 | 71.31 | 77.39 | 85.92 | 101.92 | 114.57 | 125.34 | 102.29 | 90.32 | 79.13 |
| Property, Plant & Equipment | 2.16 | 2.49 | 2.67 | 2.59 | 2.98 | 3.05 | 3.18 | 2.81 | 2.80 | 2.51 | 2.44 | 2.42 | 2.25 | 1.52 | 1.19 | 1.02 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15.39 | 15.39 | 14.81 | -- | -- | -- |
| Intangible Assets | 7.22 | 26.10 | 26.10 | 26.10 | 26.18 | 26.25 | 26.33 | 0.38 | 0.45 | 0.56 | 26.88 | 26.98 | 27.09 | -- | -- | -- |
| Total Non-current Assets* | 11.72 | 30.69 | 31.16 | 31.32 | 32.28 | 32.48 | 32.97 | 37.37 | 35.42 | 31.07 | 45.93 | 46.27 | 45.81 | 3.07 | 2.47 | 1.98 |
| Total Assets | 21.50 | 44.74 | 46.47 | 55.15 | 72.38 | 80.70 | 86.67 | 108.68 | 112.80 | 117.00 | 147.84 | 160.84 | 171.15 | 105.36 | 92.79 | 81.12 |
| Accounts Payable | 2.02 | 1.46 | 1.64 | 2.71 | 2.18 | 1.86 | 2.03 | 1.42 | 1.71 | 0.83 | 2.06 | 0.85 | 1.22 | 0.80 | 0.43 | 0.67 |
| Total Current Liabilities | 4.28 | 3.69 | 3.71 | 5.38 | 5.80 | 5.31 | 5.27 | 5.10 | 5.12 | 3.61 | 6.01 | 6.72 | 13.02 | 4.12 | 4.73 | 4.31 |
| Total Non-current Liabilities | 1.17 | 1.22 | 1.62 | 1.85 | 2.80 | 3.00 | 3.05 | 4.09 | 4.25 | 2.76 | 6.88 | 9.65 | 10.42 | 1.08 | 0.79 | 0.55 |
| Total Liabilities | 5.46 | 4.91 | 5.33 | 7.23 | 8.60 | 8.30 | 8.32 | 9.19 | 9.37 | 6.37 | 12.90 | 16.37 | 23.44 | 5.20 | 5.52 | 4.86 |
| Retained Earnings | (89.51) | (54.19) | (48.30) | (40.57) | (22.01) | (12.31) | (4.71) | 19.27 | 25.26 | 34.18 | 61.84 | 63.20 | 65.88 | 46.67 | 35.19 | 25.41 |
| Total Stockholder Equity | 16.04 | 39.83 | 41.14 | 47.92 | 63.78 | 72.40 | 78.35 | 99.49 | 103.43 | 110.63 | 134.95 | 144.47 | 147.71 | 100.16 | 87.27 | 76.26 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 0.15 | 0.26 | 0.15 | 0.16 | 0.05 | 0.15 | 0.64 | 2.66 | 0.47 | 3.56 | 2.46 | 0.20 | 0.60 | 1.40 | 5.09 | 5.02 | 22.70 | 20.40 | 30.10 | 27.36 |
| Cost of Revenue | 0.19 | 0.14 | 0.03 | 0.03 | 0.02 | 0.26 | 0.30 | 0.21 | 0.23 | 2.97 | 0.26 | 0.46 | 0.50 | 0.52 | 0.77 | 0.92 | 3.28 | 2.49 | 3.31 | 2.50 |
| Gross Profit | (0.05) | 0.12 | 0.12 | 0.13 | 0.03 | (0.11) | 0.34 | 2.44 | 0.23 | 0.59 | 2.20 | (0.26) | 0.10 | 0.89 | 4.33 | 4.11 | 19.42 | 17.91 | 26.79 | 24.85 |
| Research & Development | 5.93 | 5.10 | 4.48 | 4.69 | 4.87 | 4.81 | 4.88 | 5.61 | 5.68 | 6.18 | 5.79 | 5.98 | 5.01 | 4.74 | 5.04 | 3.89 | 3.77 | 2.18 | 5.89 | 4.67 |
| Selling, General & Admin | 2.50 | 1.87 | 1.82 | 2.60 | 2.77 | 5.82 | 4.29 | 3.13 | 2.92 | 4.40 | 3.15 | 3.71 | 3.01 | 5.25 | 3.62 | 2.47 | 2.92 | 3.23 | 2.92 | 2.47 |
| Total Operating Expenses | 9.16 | 26.66 | 7.13 | 8.19 | 8.58 | 11.80 | 10.58 | 10.12 | 10.49 | 12.41 | 11.14 | 11.73 | 10.05 | 27.01 | 10.86 | 8.25 | 9.59 | 7.61 | 13.16 | 13.06 |
| Operating Income | (9.21) | (26.54) | (7.01) | (8.06) | (8.55) | (11.91) | (10.23) | (7.68) | (10.26) | (11.83) | (8.94) | (11.99) | (9.95) | (26.12) | (6.54) | (4.15) | 9.82 | 10.31 | 13.63 | 11.79 |
| Pretax Income | (9.14) | (26.22) | (7.05) | (7.72) | (7.52) | (11.04) | (9.67) | (7.58) | (9.29) | (10.84) | (8.10) | (11.16) | (8.02) | (25.04) | (3.48) | (3.43) | 13.10 | 10.24 | 13.58 | 11.93 |
| Tax Provision | 0.00 | (0.47) | (1.17) | 0.01 | 0.01 | (0.01) | 0.02 | 0.02 | 0.02 | 3.83 | (2.11) | (2.24) | (2.26) | (3.14) | (2.11) | (0.74) | 1.39 | 2.75 | 2.10 | 2.15 |
| Net Income | (9.14) | (25.75) | (5.89) | (7.73) | (7.53) | (11.03) | (9.70) | (7.60) | (9.31) | (14.68) | (5.98) | (8.92) | (5.76) | (21.91) | (1.36) | (2.69) | 11.71 | 7.50 | 11.48 | 9.79 |
| Basic EPS | (4.06) | (34.62) | (0.16) | (0.23) | (0.24) | (0.36) | (0.32) | (0.25) | (0.31) | (0.49) | (0.20) | (0.31) | (0.20) | (0.68) | (0.04) | (0.08) | 0.35 | 0.25 | 0.40 | 0.34 |
| Diluted EPS | (4.06) | (34.62) | (0.16) | (0.23) | (0.24) | (0.36) | (0.32) | (0.25) | (0.31) | (0.49) | (0.20) | (0.31) | (0.20) | (0.67) | (0.04) | (0.08) | 0.34 | 0.26 | 0.38 | 0.33 |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (7.85) | (6.20) | (5.90) | (8.29) | (8.75) | (8.23) | (7.23) | (5.20) | (8.49) | (4.78) | (6.59) | (5.21) | (5.50) | (4.01) | 1.12 | 1.65 | 7.81 | 4.88 | 11.51 | 12.42 |
| Capital Expenditures | 0.14 | 0.13 | 0.08 | 0.40 | 0.09 | 0.07 | 0.17 | 0.10 | 0.40 | 0.46 | 0.24 | 0.48 | 0.18 | 0.29 | 0.23 | 0.51 | 0.40 | 0.12 | 0.17 | 0.24 |
| Free Cash Flow* | (7.99) | (6.33) | (5.98) | (8.69) | (8.84) | (8.30) | (7.40) | (5.30) | (8.89) | (5.24) | (6.83) | (5.69) | (5.68) | (4.30) | 0.89 | 1.15 | 7.41 | 4.76 | 11.34 | 12.18 |
| Investing Cash Flow | (0.14) | (0.33) | 2.17 | 17.07 | 7.36 | 0.27 | 4.17 | (4.04) | 16.67 | 9.62 | 3.17 | 13.24 | (10.63) | (53.31) | 4.74 | (10.46) | 0.86 | 1.07 | 0.87 | (0.23) |
| Financing Cash Flow | 4.33 | 6.97 | 4.06 | 0.43 | 0.35 | -- | -- | -- | -- | (0.16) | (0.17) | (0.56) | (0.48) | (1.22) | (10.39) | (2.57) | 0.15 | 0.00 | 0.01 | 0.30 |
* Derived from reported values
