
Debt Financing ·
Co-Diagnostics issues senior secured convertible note to J.J. Astor
The note has an original principal amount of $2,835,000, repaid in weekly installments of $94,500. The final maturity date is May 7, 2027.
CODX Co-Diagnostics, Inc.

Debt Financing ·
The note has an original principal amount of $2,835,000, repaid in weekly installments of $94,500. The final maturity date is May 7, 2027.
J.J. Astor & Co. is the lender. The initial note carries a $2.835 million principal amount, and the company says the proceeds will fund working capital.
The companies will test whether ReadyGo's sample-preparation technology can work with the Co-Dx PCR platform on blood samples. Compatibility has not yet been established.
The net loss was $6.3 million, or $1.46 per share, and cash and cash equivalents were $3.6 million at June 30, 2026. The company said it submitted a 510(k) for its flu A/B and RSV test.
Holders of existing warrants agreed to exercise at $1.571 per share in exchange for new warrants at $1.56. Maxim Group LLC is the exclusive placement agent.
The net loss was $9.1 million, or $4.06 per share, and cash and cash equivalents were $8.2 million at March 31, 2026. The company said enrollment in its upper respiratory test studies is complete.
| Line | FY2025 | FY2024 |
|---|---|---|
| Revenue | $622,489 | $3.9 million |
| Research and development | $19.1 million | $21.0 million |
| Net income (loss) | -$46.9 million | -$37.6 million |
| Cash from operations | -$29.1 million | -$29.2 million |
| Cash and equivalents | $11.9 million | $2.9 million |
| Short-term investments | $26.8 million |
Our latest story on this, dated Oct 9, 2026: "Co-Diagnostics issues senior secured convertible note to J.J. Astor". The story links the filing or release it is based on. Read the story.
Co-Diagnostics, Inc. trades under the ticker CODX on NASDAQ.
Co-Diagnostics, Inc. is listed on NASDAQ.
Our directory records Co-Diagnostics, Inc. under United States.
aibio.space lists Co-Diagnostics, Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
$622,489 for the fiscal year ended Dec 31, 2025, as reported to the SEC.
Co-Diagnostics, Inc. reported a net loss of $46.9 million for the fiscal year ended Dec 31, 2025, and used $29.1 million of cash in operations, per its annual report to the SEC.
$19.1 million in the fiscal year ended Dec 31, 2025, per its annual report.
$3.6 million in cash at Jun 30, 2026, per its 10-Q.
Our latest story on Co-Diagnostics, dated Oct 9, 2026: "Co-Diagnostics issues senior secured convertible note to J.J. Astor". The note has an original principal amount of $2,835,000, repaid in weekly installments of $94,500. The final maturity date is May 7, 2027. Source.
Our latest financing story, dated Jul 31, 2026: "Co-Diagnostics warrant inducement expected to raise about $2.67 million". Holders of existing warrants agreed to exercise at $1.571 per share in exchange for new warrants at $1.56. Maxim Group LLC is the exclusive placement agent. Source.
From our story: Co-Diagnostics, Inc., a Utah corporation, issued a senior secured convertible note to J.J. Astor & Co., the lender, with an original issue date of October 9, 2026. Source.
Press Follow on this page to add Co-Diagnostics to your Following list, or subscribe to the aibio.space newsletter. We have published 6 stories naming Co-Diagnostics so far, in Company Updates, Debt Financing, Financings.
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Asked shareholders to approve a reverse stock split. SEC Form PRE 14A. Source
Asked shareholders to approve a reverse stock split. SEC Form PRE 14A. Source
Reported a financing. SEC Form 424B5. Source
Who manages this page This page is managed by aibio.space. The company does not run, edit or pay for this page. News, desk views and Investor Ranks are written and managed independently by aibio.space under our editorial and analytical judgment. Opinion only, not investment advice. How we work · Terms · Request a correction