CS DIAGNOSTICS CORP. (CSDX)
Headquartered in Neuss, Germany, CS Diagnostics Corp. was established in 1996. The company is dedicated to the development, production, and worldwide distribution of a range of health and medical-grade products, catering to both domestic German and international markets. Among its key offerings are MEDUSA, an exclusive surface disinfectant, and CS-Protect Hydrogel, a specialized tissue-spacing gel for radiation therapy applications. The firm rebranded as CS Diagnostics Corp. in August 2023, having previously operated under the name FlashZero Corp.
Sector: Specialty Cleaning, Polishing and Sanitation Preparations
Industry: Medical - Devices
CS Diagnostics Corp.
OTC:CSDXHealthcare · Medical - Devices
Mkt Cap$1M
Float137.28M
O/S137.34M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$204K
Net Income$71K
Total Assets$499.49M
Free Cash Flow$6K
Debt & Equity
Equity 100%
Preferred 0%
Total Debt$0
Total Equity$499.47M
Preferred Stock$2K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CSDX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$499.49M
Liabilities$15K
Accounts Receivable$79K
Accounts Payable$15K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$499.4M
Income Statement
| Period | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2002-12-31 |
| Revenue | $204K | $126K | $26K | $0 | $0 | $0 | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $766 | $875 | $0 | $0 | $0 |
| YoY Growth | 61.9% | 394.3% | - | - | - | - | - | - | - | - | - | - | - | -12.5% | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $836 | $2K | $2K | $3K | $102 | $155 | $1.26M | $0 | $392K |
| Gross Profit | $0 | $126K | $26K | $0 | $0 | $0 | $3K | $0 | $0 | -$836 | -$2K | -$2K | -$3K | $664 | $720 | -$1.26M | $0 | -$392K |
| Gross Margin | - | 100.0% | 100.0% | - | - | - | 100.0% | - | - | - | - | - | - | 86.7% | 82.3% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $4K | $6K | $7K | $16K | $123K | $138K | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $133K | $148K | $20K | $3K | $3K | $3K | $39K | $12K | $31K | $15K | $520K | $231K | $355K | $1.12M | $1.06M | $1.26M | $380K | $0 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$125K | -$142K | $4K | $4K | $0 | $0 | $392K |
| Total Operating Expenses | $133K | $148K | $20K | $3K | $3K | $3K | $46K | $15K | $37K | $22K | $536K | $229K | $352K | $1.12M | $1.07M | $1.26M | $380K | $392K |
| Operating Income (EBIT) | $71K | -$22K | $5K | -$3K | -$3K | -$3K | -$43K | -$15K | -$37K | -$22K | -$539K | -$231K | -$355K | -$1.12M | -$1.07M | -$1.26M | -$380K | -$785K |
| Operating Margin | 34.9% | -17.5% | 20.4% | - | - | - | -1493.1% | - | - | - | - | - | - | -146466.8% | -121907.9% | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $46K | $43K | $20K | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $3 | -$3 | -$3 | -$3 | -$3 | $0 | $3 | $0 | $3 | -$19K | -$39K | -$46K | -$43K | -$20K | $0 | $0 | $392K |
| Income Before Tax (EBT) | $71K | -$22K | $5K | -$3K | -$3K | -$3K | -$43K | -$15K | -$37K | -$22K | -$557K | -$270K | -$402K | -$1.17M | -$1.09M | -$1.26M | -$380K | -$392K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4 | $0 | $0 | $0 | $800 | $800 | $800 | $800 | $0 |
| Net Income | $71K | -$22K | $5K | -$3K | -$3K | -$3K | -$43K | -$15K | -$37K | -$22K | -$557K | -$270K | -$402K | -$1.17M | -$1.09M | -$1.26M | -$381K | -$392K |
| Net Income Margin | 34.9% | -17.5% | 20.4% | - | - | - | -1493.2% | - | - | - | - | - | - | -152217.8% | -124227.9% | - | - | - |
| Supplementary Data | ||||||||||||||||||
| EPS | 0.00 | -0.00 | 0.02 | -0.01 | -0.01 | -0.01 | -0.19 | -21.25 | -51.07 | -31.12 | -771.06 | -269793.00 | -401629.00 | -1165988.00 | -625000000.00 | -781250000.00 | -234375000.00 | 0.00 |
| Diluted EPS | 0.00 | -0.00 | 0.02 | -0.01 | -0.01 | -0.01 | -0.19 | -21.25 | -51.07 | -31.12 | -771.06 | -269793.00 | -401629.00 | -1165988.00 | -625000000.00 | -781250000.00 | -234375000.00 | 0.00 |
| Weighted Average OS | 249.99M | 110.79M | 270,574 | 289,427 | 289,427 | 289,427 | 221,427 | 0 | 723 | 723 | 722 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | $71K | -$22K | $5K | -$3K | -$3K | -$3K | -$43K | -$15K | -$37K | -$22K | -$555K | -$267K | -$352K | -$1.12M | -$1.06M | -$1.26M | -$380K | -$785K |
| EBITDA Margin | 34.9% | -17.5% | 20.4% | - | - | - | -1493.2% | - | - | - | - | - | - | -145738.3% | -121448.1% | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2023 | FY 2022 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2023-12-31 | 2022-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2002-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $7K | $20K | $13K | $0 | $0 | $0 | $0 | $0 | $37K | $37K | $104 | $1K | $104K | $0 |
| Short-Term Investments | $79K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $37K | $37K | $37K | $0 |
| Cash and Short-Term Investments | $7K | $20K | $13K | $0 | $0 | $0 | $0 | $0 | $37K | $37K | $37K | $1K | $141K | $0 |
| Accounts Receivable | $79K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $37K | $0 | $0 |
| Total Current Assets | $86K | $20K | $13K | $2K | $0 | $0 | $0 | $0 | $37K | $37K | $37K | $40K | $141K | $0 |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $57K | $57K | $57K | $54K | $55K | $22K | $22K | $4K | $7K | $11K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $499.4M | $499.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $2K | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.67M | $0 |
| Total Long-Term Assets | $499.4M | $499.4M | $0 | $57K | $57K | $57K | $54K | $55K | $22K | $22K | $6K | $9K | $5.68M | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $499.49M | $499.42M | $13K | $59K | $57K | $57K | $54K | $55K | $59K | $59K | $43K | $49K | $5.82M | $0 |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $15K | $13K | $4K | $0 | $0 | $0 | $0 | $0 | $1.15M | $855K | $792K | $422K | $182K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $366K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $1.28M | $1.96M | $1.94M | $1.9M | $1.88M | $0 | $0 | $0 | $3K | $2K | $115K |
| Total Current Liabilities | $15K | $13K | $4K | $2M | $1.96M | $1.94M | $1.9M | $1.88M | $1.87M | $1.6M | $1.93M | $895K | $364K | $115K |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $40K | $27K | $27K | $27K | $27K | $27K | $0 | $0 | $1.03M | $1.01M | $621K | $0 |
| Total Long-Term Liabilities | $0 | $0 | $40K | $27K | $27K | $27K | $27K | $27K | $0 | $0 | $1.03M | $1.01M | $621K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $15K | $13K | $44K | $2.03M | $1.99M | $1.97M | $1.93M | $1.91M | $1.87M | $1.6M | $2.96M | $1.91M | $985K | $0 |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $2K | $2K | $2K | $100 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3K | $1K | $1K | $28K | $90 | $90 | $90 | $452K | $48K | $48K | $31K | $27K | $27K | $0 |
| Retained Earnings | -$4.7M | -$4.77M | -$4.75M | -$6.66M | -$6.62M | -$6.6M | -$6.57M | -$6.54M | -$5.99M | -$5.72M | -$5.32M | -$4.15M | -$3.06M | $0 |
| Comprehensive Income & Other | $0 | -$1K | -$1K | -$28K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $504.16M | $504.18M | $4.71M | $4.66M | $4.69M | $4.69M | $4.69M | $4.24M | $4.13M | $4.13M | $2.36M | $2.26M | $7.87M | - |
| Total Equity | $499.47M | $499.41M | -$31K | -$1.97M | -$1.93M | -$1.91M | -$1.88M | -$1.85M | -$1.81M | -$1.54M | -$2.92M | -$1.86M | $4.84M | $0 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $499.49M | $499.42M | $13K | $59K | $57K | $57K | $54K | $55K | $59K | $59K | $43K | $49K | $5.82M | $0 |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $366K | $0 | $0 | $0 |
| Net Debt | -$7K | -$20K | -$13K | $0 | $0 | $0 | $0 | $0 | -$37K | -$37K | $366K | -$1K | -$104K | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2023 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2023-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2002-12-31 |
| Operating Activities | |||||||||
| Net Income | $71K | -$22K | -$557K | -$270K | -$402K | -$1.17M | -$1.09M | -$1.26M | -$392K |
| Depreciation & Amortization | $0 | $0 | $2K | $2K | $3K | $6K | $4K | $876 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $99K | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $14K | $0 | $0 | $297K | $15K | $393K | $262K | $0 | $0 |
| Other Working Capital | $0 | $31K | $67K | -$30K | -$346K | $646K | $268K | $248K | $0 |
| Total Working Capital Change | -$65K | $31K | $67K | $267K | -$331K | $1.04M | $530K | $248K | $0 |
| Other Non-Cash Items | $0 | $0 | $0 | $0 | $2K | $7K | $58K | $442K | $127K |
| Net Cash from Operating | $6K | $9K | -$488K | -$104 | -$728K | -$15K | -$495K | -$567K | -$265K |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | -$499.44M | $0 | $0 | -$15K | -$838 | -$774 | -$11K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | -$499.44M | $0 | $0 | -$15K | -$838 | -$774 | -$11K | $0 |
| Financing Activities | |||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $499.42M | $0 | $0 | $11K | $0 | $0 | $457K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $499.42M | $450K | $0 | $732K | $14K | $393K | $226K | $0 |
| Net Cash from Financing | $0 | $499.42M | $450K | $0 | $742K | $14K | $393K | $683K | $0 |
| Forex Effect | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $6K | $8K | -$37K | -$104 | -$101 | -$1K | -$103K | $104K | $0 |
| Supplementary Data | |||||||||
| Operating Cash Flow | $6K | $9K | -$488K | -$104 | -$728K | -$15K | -$495K | -$567K | -$265K |
| Capital Expenditure | $0 | -$499.44M | $0 | $0 | -$15K | -$838 | -$774 | -$11K | $0 |
| Free Cash Flow | $6K | -$499.44M | -$488K | -$104 | -$743K | -$15K | -$496K | -$579K | -$265K |
| Cash at Beginning | $501 | $13K | $0 | $37K | $37K | $1K | $104K | $0 | $0 |
| Cash at End | $7K | $20K | -$37K | $37K | $37K | $104 | $1K | $104K | $0 |