What is CODX's dilution risk score?

CODX has a latest available DilutionScore record of 85/100, categorized as critical dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for CODX, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for CODX?

DilutionWatch tracks 25 SEC filing types for CODX including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect CODX shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For CODX, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for CODX tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for CODX. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

CODX Dilution Risk Score: 85/100 (CRITICAL)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 45%

💰 Capital Raise model 75%

• Critical: only 2.3 months cash remaining

• Active shelf registration ($5M, 66% of market cap)

🔄 Reverse Split model est. 15%

• Only 2 months cash — financial pressure

📜 Warrant Exercise model 15%

• Warrant overhang: 7.4% of shares outstanding

🔔 Track CODX — Get forecast alerts →

Market Data

Market Cap$7.82M

Shares Outstanding6.25M

Float3.50M

Cash$5.90M

Debt$3.82M

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	85/100	DilutionWatch score record
Shares Outstanding	6.25M	Verified float table or market cache
Public Float	3.50M	Verified float table or market cache
Market Cap	$7.82M	Market data cache
Cash Runway	2.3 months	DilutionWatch score inputs
Shelf Capacity	$5.18M	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	465.0K	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 7.

Recent SEC source mix: 3 1, 8-K 1, EFFECT 2, SC 13G 1, XBRL 2.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

10 institutional holders · 50.6K shares

#1 Private Advisory Group LLC 41.4K shares

#2 UBS Group AG 7.4K shares

#3 Summit Financial Wealth Advisors, LLC 1.3K shares

+ 7 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest418.9K

Days to Cover1.2

% of Float12.0%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2024-03-14

xbrl XBRL CONVERTIBLE 2020-03-30

3 FORM3 2026-09-14

EFFECT EFFECT 2026-09-01

SC 13G BENEFICIAL OWNERSHIP 2026-08-14

Full SEC filing analysis available with free account →

Recent News

Co-Diagnostics to Participate in Global Health Events During UN General Assembly Week PR Newswire · Sep 23, 2026

Co-Diagnostics to Participate in Global Health Roundtable on Ebola and Outbreak Innovation PR Newswire · Sep 21, 2026

Co-Diagnostics to Participate in Joint WHO/Unitaid/UNAIDS Annual Consultation Meeting on S PR Newswire · Sep 17, 2026

Co-Diagnostics and ReadyGo Collaborate to Evaluate Blood-Based Molecular Testing at the Po PR Newswire · Sep 16, 2026

Co-Diagnostics to Hold Press Conference PR Newswire · Sep 15, 2026

Co-Diagnostics Launches Integrated Cloud and Mobile Infrastructure in India PR Newswire · Sep 03, 2026

Co-Diagnostics Expands Vector Smart® Customer Reach with First International Installation PR Newswire · Sep 01, 2026

Co-Dx (CODX) Q2 2026 Earnings Call Transcript Motley Fool · Aug 20, 2026

Factual CODX Dilution Snapshot

Co-Diagnostics, Inc. (CODX) has a DilutionScore of 85/100, rated Critical dilution risk. Score date: October 13, 2026.

Stored shelf registration capacity: $5.2M.
Stored outstanding warrants: 465,000.
Recent SEC activity tracked for CODX: 3 on 2026-09-14; EFFECT on 2026-09-01; SC 13G on 2026-08-14.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

CODX's DilutionScore is currently 85/100 (Critical risk), with 5 score changes tracked over 89 days. The score improved from 84/100 (Critical risk).

Period	Score	Risk Level	Duration
Oct 11 – Oct 13, 2026	85/100	CRITICAL	3 days
Oct 08 – Oct 10, 2026	84/100	CRITICAL	3 days
Oct 01 – Oct 07, 2026	81/100	CRITICAL	7 days
Aug 22 – Sep 30, 2026	92/100	CRITICAL	40 days
Aug 14 – Aug 21, 2026	81/100	CRITICAL	7 days
Jul 16 – Aug 13, 2026	73/100	HIGH	29 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Track CODX Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment CODX files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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