What is CODX's dilution risk score?

CODX has a latest available DilutionScore record of 92/100, 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: 92/100 (CRITICAL)

Score Breakdown

📋 Offering Ability

80

💰 Cash Runway

95

📊 Float Risk

60

⚠️ Warrant Exposure

90

🔄 Convertible Debt

40

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 58%

💰 Capital Raise model 75%

• Critical: only 2.3 months cash remaining

• Active shelf registration ($5M, 16% of market cap)

📜 Warrant Exercise model 60%

• Massive warrant overhang: 53% of shares outstanding

• Warrant risk score very high (90/100)

🔄 Reverse Split model est. 15%

• Only 2 months cash — financial pressure

🔔 Track CODX — Get forecast alerts →

Market Data

Market Cap$31.44M

Shares Outstanding6.25M

Float3.50M

Cash$5.90M

Debt$3.82M

Short InterestN/A

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 Interest348.7K

Days to Cover1.0

% of Float10.0%

FINRA data as of Jul 31, 2026

Insider Buy/Sell Ratio

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2019-12-31

EFFECT EFFECT 2026-05-29

S-3 SHELF 2026-05-28

4 INSIDER TRANSACTION 2026-05-27

Full SEC filing analysis available with free account →

Recent News

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

Co-Diagnostics Participates in Medical Devices and Innovations Roundtable Media PR Newswire · Aug 18

Co-Diagnostics, Inc. Q2 2026 Earnings Call Summary Moby · Aug 14

Factual CODX Dilution Snapshot

Co-Diagnostics, Inc. (CODX) has a DilutionScore of 92/100, rated Critical dilution risk. Score date: August 28, 2026.

Stored shelf registration capacity: $5.2M.
Stored outstanding warrants: 3.3M.
Recent SEC activity tracked for CODX: EFFECT on 2026-05-29; S-3 on 2026-05-28; 4 on 2026-05-27.

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.