Positive context积极背景
Stocks股票 / Health Care / CDXS
Codexis Inc · Health Care
CDXS US listed · USD美股 · 美元
Health Care
Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$1.38
+$0.02 · +1.47%
52w low52周低 $0.93high高 $2.96
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-09-23截至 2026-09-23
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-09-23
Momentum (RSI 14)动量（RSI 14）
39
Depressed偏低
vs 50-day average相对50日均线
-15.0% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-26.2% below下方
Long trend down长期向下
Volatility波动率
29th percentile第29百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Financials财务数据
fiscal years财年Revenue营业收入
$70.4M2025
20202025
5-yr growth5年复合增速 0.4%
Earnings per share每股收益
$-0.502025
20202025
Free cash flow自由现金流
-$23.8M2025
20202025
Operating margin营业利润率
-59.3%
Net margin净利率
-62.5%
FCF margin自由现金流利润率
-27.5%
Balance-sheet quality财务体质 4/9
Return on equity股本回报率 -87%
Watch关注
Leverage杠杆
Current ratio流动比率3.82
Capital allocation资本配置
Stock-based comp股权薪酬$9.6M
Share count change (1y)股数变化（1年）+10.5%
Debt coming due到期债务
FY2025 10-KIn the 12-month bucket following fiscal period end 2025-12-31, it reported $0 due — about 0% of its disclosed principal.在财年期末 2025-12-31 之后12个月的区间内，已披露到期本金为 $0，约占其披露本金的 0%。
All maturity buckets are measured from fiscal period end 2025-12-31, not from today.所有到期区间均从财年期末 2025-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$0
Year 2第2年
$17.6M
Year 3第3年
$21.1M
Year 4第4年
$3.5M
Year 5第5年
not reported未披露
After year 55年以后
not reported未披露
Cash reported at 2025-12-31: $50793000.截至 2025-12-31 披露的现金：$50793000。 At the cash-burn pace reported over 2025-01-01 to 2025-12-31, that cash represented about 25.6 months. This scenario excludes debt payments and future financing.按 2025-01-01 至 2025-12-31 期间披露的现金消耗速度，该现金约对应 25.6 个月。此情景不包括债务偿还与未来融资。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001200375-26-000006, period ending报告期截至 2025-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-09-22T08:00:18.327673+00:00.
4/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive— period_mismatchLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive— absent
Annual period年度区间 2025-01-01 — 2025-12-31 · USD · 10-K · 0001200375-26-000006 · Filed提交日期 2026-03-11.
Cache acquired缓存获取时间: 2026-09-22T08:00:18.327673+00:00 · Evaluated as of评估截至 2026-09-23.
- Reported operating cash flow已披露经营活动现金流: $-19376000
- Reported equipment spending (capex outflow)已披露设备支出（资本开支流出）: $4471000
- Derived free cash flow (operating cash flow minus capex)计算所得自由现金流（经营现金流减资本开支）: $-23847000
Cash is the reported balance at period end. The runway scenario holds this annual cash-flow pace constant and excludes debt payments, restricted-cash adjustments and future financing.现金为期末已披露余额。现金跑道情景假设本年度现金流速度保持不变，不包括债务偿还、受限现金调整与未来融资。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Positioning持仓
Quiet — no confirmed driver平静 — 无明确驱动
Technical技术面
CDXS StochRSI turned up from oversoldCDXS StochRSI自超卖区上行
Signal history信号历史
engine events引擎事件
NEARING A LOW → DOWNTREND接近低点 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases). Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Sep 21, 2026
CDXS StochRSI turned up from oversoldCDXS StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $1.38.StochRSI重回20上方 — 下行动量趋缓的最早预警。$1.38。
Sep 16, 2026
CDXS daily MACD crossed downCDXS 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $1.34.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$1.34。
Sep 15, 2026
CDXS broke down vs the marketCDXS 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $1.40.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$1.40。
Sep 11, 2026
CDXS daily MACD crossed upCDXS 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $1.47.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$1.47。
Sep 11, 2026
CDXS StochRSI turned up from oversoldCDXS StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $1.47.StochRSI重回20上方 — 下行动量趋缓的最早预警。$1.47。
Sep 8, 2026
CDXS daily MACD crossed downCDXS 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $1.43.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$1.43。
Sep 2, 2026
Death cross on CDXSCDXS 死叉
The 50-day average crossed below the 200-day — a slow, widely-watched bearish trend signal. $1.48.50日均线下穿200日均线 — 一个滞后但广受关注的看空趋势信号。$1.48。
Sep 2, 2026
CDXS broke down vs the marketCDXS 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $1.48.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$1.48。
Aug 21, 2026
UPTREND → UNCONFIRMED TURN上涨趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Showing the last 15 of显示最近15条，共 154 signals条信号
Company profile公司档案
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -6.8% | +1.9% |
| 1 Month近1月 | -17.4% | +1.3% |
| 3 Months近3月 | -42.3% | +5.7% |
| 6 Months近6月 | -21.1% | +18.4% |
| Year to date年初至今 | -14.3% | +14.1% |
| 1 Year近1年 | -43.7% | +17.8% |
Trading information交易信息
Volatility rank波动率分位
29th pctile
EPS (trailing)每股收益
$-0.49
Off 52-week high距52周高点
-51.6%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $69M | $105M | $139M | $70M | $59M | $70M |
| EPS每股收益 | $-0.40 | $-0.33 | $-0.51 | $-1.12 | $-0.89 | $-0.50 |
| Free cash flow自由现金流 | $-20M | $-28M | $3M | $-57M | $-54M | $-24M |
| Gross margin毛利率 | 80.1% | 78.8% | 72.6% | 81.7% | 72.6% | 86.7% |
| Net margin净利率 | -34.8% | -20.3% | -24.2% | -108.7% | -110.0% | -62.5% |
| FCF margin自由现金流利润率 | -29.3% | -26.8% | 2.1% | -81.3% | -90.5% | -33.9% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$70M
Net income净利润
$-44M
Operating cash flow经营现金流
$-19M
Total assets总资产
$148M
Shareholder equity股东权益
$51M
Long-term debt长期负债
$40M
Shares outstanding总股本
0.09B
Returns & growth回报与增长
Return on equity股本回报率
-87.0%
Return on assets资产回报率
-29.8%
Debt / assets负债/资产
27.1%
Asset growth资产增速
-0.8%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Working capital: inventory +88% vs sales +2% — inventory building, demand risk营运资本：存货 +88% 对销售 +2%——存货积压，需求风险
- Pricing power: gross margin +6.6pts over 6 years定价能力：毛利率 6 年上升 6.6 个百分点
- Capital discipline: share count +40.7% over 6 years (dilution)资本纪律：股本 6 年增加 40.7%（稀释）
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
39
RSI (2-day)RSI（2日）
70
vs 20-day average相对20日均线
-7.6%
vs 50-day average相对50日均线
-15.0%
vs 200-day average相对200日均线
-26.2%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down — turning up soon动能向下——接近转强
3-day3日线
momentum down — turning up soon动能向下——接近转强
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
61/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。