Co-Diagnostics, Inc. Income Statement
CODX|9 years of annual SEC 10-K data (FY2017-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 9 fiscal years. All figures from audited SEC 10-K filings.
Co-Diagnostics, Inc. reported $622,489 in revenue and $47M in net loss for FY2025. Revenue has grown at a 73.3% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -6.63 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $622.5K | $3.9M | $6.8M | $97.9M | $74.6M | $215.0K | $39.9K | $7.7K | $7.7K |
| Cost of Revenue | $222.4K | $999.1K | $4.2M | $11.6M | $16.6M | $112.4K | $9.4K | $302 | $302 |
| Gross Profit | $400.1K | $2.9M | $2.6M | $86.3M | $58.0M | $102.5K | $30.5K | $7.4K | $7.4K |
| SG&A Expense | $9.1M | $16.2M | $14.3M | $11.6M | $8.3M | $3.5M | $3.6M | $3.1M | $796.9K |
| R&D Expense | $19.1M | $21.0M | $23.0M | $15.0M | $3.2M | $1.4M | $1.4M | $1.0M | $731.5K |
| Operating Income | -$50.2M | -$40.1M | -$42.7M | $46.1M | $41.7M | -$5.9M | -$6.1M | -$4.6M | -$1.7M |
| Interest Expense | - | - | - | - | - | $106.4K | $71.0K | $310.2K | $240.7K |
| Income Tax | -$1.6M | $57.4K | -$2.8M | $9.0M | $90.5K | $90.5K | - | - | - |
| Net Income | -$46.9M | -$37.6M | -$35.3M | $36.7M | $42.5M | -$6.2M | -$6.3M | -$7.0M | -$1.9M |
| EPS (Basic) | -$37.22 | -$1.20 | -$0.45 | $1.27 | $1.59 | -$0.37 | - | - | - |
| EPS (Diluted) | -$37.22 | -$1.20 | -$0.45 | $1.23 | $1.52 | -$0.37 | -$0.50 | -$0.63 | - |
| Shares Outstanding | 1.1M | 31.3M | 30.9M | 33.8M | 28.6M | 17.3M | 12.9M | 12.3M | 9.9M |
| Gross Margin | 64.3% | 74.5% | 38.6% | 88.2% | 77.8% | 47.7% | 76.5% | 96.1% | 96.1% |
| Operating Margin | -8058.8% | -1023.8% | -626.9% | 47.1% | 55.9% | -2741.6% | -15328.6% | -59567.6% | -22030.4% |
| Profit Margin | -7533.6% | -961.4% | -518.7% | 37.5% | 57.0% | -2882.0% | -15714.3% | -90827.9% | -25172.1% |