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Stock impact report

Co-Diagnostics, Inc Files Q1 2019 Report on Form 10-Q and Updates Corporate Developments

Co-Diagnostics, Inc (CODX)  More Company Research Source: Business Wire
US:NASDAQ Investor Relations: ir.codiagnostics.com/investor-relations
PDF SALT LAKE CITY--(BUSINESS WIRE)-- Co-Diagnostics, Inc. (Nasdaq: CODX), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today the filing of its operating results on SEC Form 10-Q for the 3 month period ending March 31, 2019 and provided updates on corporate developments. Q1 2019 Financial Results: Revenue for the quarter totaled $3,400; however, the Company’s Joint Venture in India also recognized approximately $56,000 in revenue from the sale of the Company’s primers and probes, which is anticipated to represent the beginning of sales in the joint venture. The Company ended the quarter with cash and equivalents of $5.42 million and no long-term debt. This followed the sale of $3 million of preferred shares in January 2019 (which consisted of negotiating the conversion of a $2M note to p [Read more]
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