Home / Going-concern warnings / Co-Diagnostics, Inc.
Filed 2025-11-13 路 Form 10-Q 路 Accession 0001493152-25-022300 nano
Price before filing: $11.88 (2025-11-12 close, split/dividend-adjusted)
Market cap at flag: $14.8M (2025-11-13) 路 Latest: $2.8M (2026-10-16)
| Window | CODX | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -31.8% | -0.4% | -31.4% | 2025-12-15 |
| 90 days | -80.2% | +1.6% | -81.8% | 2026-02-11 |
| 180 days | -85.5% | +8.6% | -94.2% | 2026-05-12 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-15 to 2025-12-13. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"Because certain elements of management's plans to mitigate the conditions that raised substantial doubt about the Company's ability to continue as a going concern are outside of the Company's control, including the ability to raise capital through equity or other financings, those elements cannot be considered probable according to ASC 205-40, and therefore cannot be considered in the evaluation of mitigating..."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-09-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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