Co-Diagnostics (CODX)

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)	10.80 mm	10.80 mm	10.80 mm	10.80 mm	10.80 mm	10.80 mm
Cash burn (monthly)	1.02 mm	(no burn)	3.41 mm	3.33 mm	2.41 mm	2.14 mm
Cash used (since last report)	5.19 mm	n/a	17.34 mm	16.94 mm	12.25 mm	10.88 mm
Cash remaining	5.61 mm	n/a	-6.54 mm	-6.14 mm	-1.45 mm	-86.85 k
Runway (months of cash)	5.5	n/a	-1.9	-1.8	-0.6	-0.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

CODX institutional ownership history Ownership history

11.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	25	44	-43.2%
Opened positions	3	8	-62.5%
Closed positions	22	3	+633.3%
Increased positions	2	13	-84.6%
Reduced positions	5	8	-37.5%

13F shares	Current	Prev Q	Change
Total value	4.61 bn	5.69 bn	-19.0%
Total shares	3.70 mm	4.64 mm	-20.3%
Total puts	0.00	197.50 k	EXIT
Total calls	27.40 k	3.30 k	+730.3%
Total put/call ratio	–	59.8	–

Largest owners	Shares	Value	Change
Vanguard	1.78 mm	$2.23 bn	0.0%
Renaissance Technologies	567.72 k	$709.65 mm	-3.3%
BlackRock	504.38 k	$630.48 mm	NEW
Geode Capital Management	321.27 k	$401.69 mm	+1.2%
BK The Bank of New York Mellon Corporation	137.07 k	$171.34 mm	0.0%
Kestra Advisory Services	127.94 k	$159.93 mm	-14.6%
Koss-Olinger Consulting	58.10 k	$73.00 mm	-1.3%
NTRS Northern Trust	54.98 k	$68.72 mm	0.0%
Thompson Davis & Co.	41.50 k	$51.88 mm	0.0%
UMA Financial Services	28.38 k	$35.75 mm	-9.6%

Largest transactions	Shares	Bought/sold	Change
BlackRock	504.38 k	+504.38 k	NEW
BLK BlackRock	0.00	-502.03 k	EXIT
Bridgeway Capital Management	0.00	-272.90 k	EXIT
Susquehanna International	0.00	-201.57 k	EXIT
STT State Street	0.00	-100.65 k	EXIT
Simplex Trading	10.74 k	-54.11 k	-83.4%
Citadel Advisors	0.00	-53.78 k	EXIT
Virtu Financial	0.00	-27.91 k	EXIT
Group One Trading	0.00	-26.44 k	EXIT
UBS UBS	0.00	-22.54 k	EXIT

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

CODX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 Nov 24	Serbin Richard S	Common Stock	Grant	Acquire A	No	No	0	48,333	0.00	165,833
23 Nov 24	Serbin Richard S	RSU Common Stock	Option exercise	Dispose M	No	No	0	48,333	0.00	151,667
23 Nov 24	Brian Lee Brown	Common Stock	Sale back to company	Dispose D	No	No	1.01	40,816	41.22 k	419,905
23 Nov 24	Brian Lee Brown	Common Stock	Grant	Acquire A	No	No	0	134,167	0.00	460,721
23 Nov 24	Brian Lee Brown	RSU Common Stock	Option exercise	Dispose M	No	No	0	134,167	0.00	380,833
23 Nov 24	Ted Murphy	Common Stock	Grant	Acquire A	No	No	0	48,333	0.00	175,833
23 Nov 24	Ted Murphy	RSU Common Stock	Option exercise	Dispose M	No	No	0	48,333	0.00	151,667
23 Nov 24	Richard David Abbott	Common Stock	Sale back to company	Dispose D	No	No	1.01	6,085	6.15 k	13,915
23 Nov 24	Richard David Abbott	Common Stock	Grant	Acquire A	No	No	0	20,000	0.00	20,000
23 Nov 24	Richard David Abbott	RSU Common Stock	Option exercise	Dispose M	No	No	0	20,000	0.00	150,438