Codexis (CDXS)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	20.83 mm	20.83 mm	20.83 mm	20.83 mm	20.83 mm	20.83 mm
Cash burn (monthly)	6.07 mm	3.82 mm	3.46 mm	5.47 mm	5.49 mm	4.12 mm
Cash used (since last report)	13.95 mm	8.79 mm	7.95 mm	12.57 mm	12.62 mm	9.47 mm
Cash remaining	6.88 mm	12.04 mm	12.88 mm	8.25 mm	8.21 mm	11.36 mm
Runway (months of cash)	1.1	3.2	3.7	1.5	1.5	2.8

Beta Read what these cash burn values mean

Financial data from Codexis earnings reports.

Institutional ownership, Q4 2024

CDXS institutional ownership history Ownership history

77.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	132	116	+13.8%
Opened positions	28	11	+154.5%
Closed positions	12	13	-7.7%
Increased positions	56	44	+27.3%
Reduced positions	29	32	-9.4%

13F shares	Current	Prev Q	Change
Total value	301.55 bn	189.98 bn	+58.7%
Total shares	64.08 mm	62.92 mm	+1.8%
Total puts	100.00	100.00	–
Total calls	42.70 k	100.00	+42600.0%
Total put/call ratio	0.0	1.0	-99.8%

Largest owners	Shares	Value	Change
Opaleye Management	8.84 mm	$42.17 bn	+0.8%
Casdin Capital	8.10 mm	$38.64 bn	0.0%
BlackRock	7.64 mm	$36.46 bn	+10.5%
FMR	4.53 mm	$21.59 bn	+0.7%
Vanguard	4.46 mm	$21.29 bn	+7.5%
Telemark Asset Management	3.00 mm	$14.31 bn	+11.3%
Nantahala Capital Management	2.84 mm	$13.55 bn	-4.3%
AMP Ameriprise Financial	2.40 mm	$11.45 bn	+0.5%
Geode Capital Management	1.86 mm	$8.85 bn	+12.9%
Nuveen Asset Management	1.81 mm	$8.64 bn	+18.6%

Largest transactions	Shares	Bought/sold	Change
Millennium Management	35.93 k	-1.36 mm	-97.4%
CenterBook Partners	982.85 k	+982.85 k	NEW
Assenagon Asset Management	287.86 k	-815.58 k	-73.9%
BlackRock	7.64 mm	+726.87 k	+10.5%
Kent Lake PR	500.00 k	-500.00 k	-50.0%
Tallon Kerry Patrick	403.67 k	+403.67 k	NEW
Post Resch Tallon	403.67 k	+403.67 k	NEW
Vivo Capital	0.00	-388.14 k	EXIT
Vanguard	4.46 mm	+311.08 k	+7.5%
Telemark Asset Management	3.00 mm	+303.59 k	+11.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CDXS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 Mar 25	Opaleye Management	Common Stock, par value $0.001 per share	Buy	Acquire P	Yes	No	2.6875	10,000	26.88 k	8,965,000
4 Mar 25	Opaleye Management	Common Stock, par value $0.001 per share	Buy	Acquire P	Yes	No	2.6436	55,000	145.40 k	8,955,000
3 Mar 25	Opaleye Management	Common Stock, par value $0.001 per share	Buy	Acquire P	Yes	No	2.8123	47,351	133.17 k	8,900,000
28 Feb 25	Opaleye Management	Common Stock, par value $0.001 per share	Buy	Acquire P	Yes	No	2.988	147,649	441.18 k	8,852,649
12 Feb 25	Opaleye Management	Common Stock, par value $0.001 per share	Buy	Acquire P	Yes	No	3.9955	15,000	59.93 k	8,705,000
11 Feb 25	Opaleye Management	Common Stock, par value $0.001 per share	Buy	Acquire P	Yes	No	4.112	12,500	51.40 k	8,690,000
10 Feb 25	Opaleye Management	Common Stock, par value $0.001 per share	Buy	Acquire P	Yes	No	4.1844	22,500	94.15 k	8,677,500
5 Feb 25	Dilly Stephen George	Common Stock	Grant	Acquire A	No	No	0	88,750	0.00	673,053
5 Feb 25	Dilly Stephen George	Stock Option Common Stock	Grant	Acquire A	No	No	4.37	532,500	2.33 mm	532,500
5 Feb 25	Georgia Erbez	Common Stock	Grant	Acquire A	No	No	0	26,875	0.00	76,875