Co-Diagnostics, Inc.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 14, 2026
CODX$0.32+24.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| Three Months Ended March 31, | |||
|---|---|---|---|
| 2026 · 2025 | |||
| Product revenue | $145,954 | $50,277 | |
| Total revenue | 145,954 | 50,277 | |
| Cost of revenue | 193,768 | 21,590 | |
| Gross profit (loss) | (47,814) | 28,687 | |
| Operating expenses | |||
| Sales and marketing | 467,955 | 657,030 | |
| General and administrative | 2,503,126 | 2,773,149 | |
| Research and development | 5,934,071 | 4,870,019 | |
| Depreciation and amortization | 255,445 | 280,445 | |
| Total operating expenses | 9,160,597 | 8,580,643 | |
| Loss from operations | (9,208,411) | (8,551,956) | |
| Other income, net | |||
| Interest income, net | 6,974 | 13,601 | |
| Realized gain on investments | - | 301,465 | |
| Gain on remeasurement of acquisition contingencies | 75,280 | 717,067 | |
| Loss on equity method investment in joint ventures | (13,361) | (1,444) | |
| Total other income, net | 68,893 | 1,030,689 | |
| Loss before income taxes | (9,139,518) | (7,521,267) | |
| Income tax provision | 520 | 12,004 | |
| Net loss | $(9,140,038) | $(7,533,271) | |
| Other comprehensive income (loss) | |||
| Change in net unrealized gains (losses) on marketable securities, net of tax | - | (87,790) | |
| Total other comprehensive income (loss) | $ | - | $(87,790) |
| Comprehensive loss | $(9,140,038) | $(7,621,061) | |
| Loss per common share: | |||
| Basic and Diluted | $(4.06) | $(7.05) | |
| Weighted average shares outstanding: | |||
| Basic and Diluted | 2,253,474 | 1,068,299 | |
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