On this page of Benford's Law Stocks.com we present our study of Coya Therapeutics Inc. — ticker symbol COYA. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/29/2023 to 5/13/2025 for Coya Therapeutics Inc. under CIK number 0001835022. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for COYA, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Coya Therapeutics Inc. based on the past COYA filings our system processed in the past.
29.3
15.2
15.2
12.7
7.1
7.1
5.7
5.3
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, COYA stockholder letter ]
Total numbers found: 283
Recent share count: 16,724,998 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
283
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 3 numbers to move any given column by a full percentage point.
92

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was above the company's typical historical range.
 • We deducted point upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
COYA
High score compared to other filers, with COYA falling in the highest quartile of filers.
SPXC
NPWR
SGN
DMYY.U
SXT
GORV
MADL
NCPL
Check our work! We provide our Coya Therapeutics Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the COYA filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 83 numbers that start with the digit 1. Here they are:
16,724,998
1,690,007
1,588,128
1,809,583
1,388,060
10,000,000
16,724,998
16,707,441
1,673
1,671
126,838
16,720,511
14,457,839
16,707,441
1,671
1,080,082
1,080,082
17,557
19,135
19,137
16,724,998
1,673
14,405,325
1,441
11,250
1,829
1,975
1,975
11,250
11,250
1,509,686
149,250
1,360,457
14,613,172
1,462
149,250
1,080,082
101,879
126,838
11,250
131,918
19,137
1,975
1,360,457
19,137
1,241,764
149,250
126,838
101,986
1,334,414
1,496,421
1,793,733
1,497,794
1,535,849
1,793,733
1,698,730
143,949
1,237,165
1,132,422
1,809,583
1,388,060
13.3
11.6
11.8
10
1
1.0
1.2
1
131,703
131,703
182,407
182,407
150,000
150,000
168,225
1,080,082
17,557
1.09
1,287,640
103.37
1.5
1
We found 43 numbers that start with the digit 2. Here they are:
2,842,624
200,000,000
257,884
25,000
2,713,890
2,439,841
2
25,856,383
206,018
21
25,000
275,398
257,884
2,828,275
2,145,874
25,000
25,000
2,809,138
257,884
2,495,289
202,410
267,438
2,713,890
2,439,841
25,000
257,884
2,286,223
2,074,959
2,842,624
258,145
208,971
2.9
2
20.0
20
2
259,383
259,383
267,438
2,228,658
267
2,976,458
2.3
We found 43 numbers that start with the digit 3. Here they are:
35,530,624
38,339,762
38,373,248
31,748
38,588
38,404,996
3,824,474
33,369,557
39,577,095
38,404,996
3,138,159
370,165
35
39,577,095
33,369,557
35,635,609
30,908,296
32,393,041
3,126,042
3,362,638
38,339,762
32,626,768
35,530,624
35,989,406
35.5
3,138,159
370,165
3,060,030
3,875,707
3,984,953
35,530,624
35,530,624
38,339,762
38,339,762
314,273
3,239,368
384,689
3,060,030
3,060,030
3.9
3.9
3
3
4's 5's 6's
We found 36 numbers that start with the digit 4. Here they are:
44,308,428
44,347,016
4,341,004
4,769,921
48,043,927
40,737,170
44,347,016
431,089
44
40,737,170
48,043,927
435,663
435,663
435,663
477,265
421,523
48.0
4,022,376
431,089
484,810
4,005,246
427,370
46,667
4
4
4
435,663
4.17
4,175,248
4.34
4,175,248
4.5
4.0
4.2
4.2
40.0
We found 20 numbers that start with the digit 5. Here they are:
5,968,666
5,035,439
5,214,076
5,609,840
5,483,002
5,051,913
5,051,913
5,051,913
5,051,913
5,051,913
540,884
5,214,076
5,051,913
5,968,666
5.9
5.9
5
5.07
5.37
5.37
We found 20 numbers that start with the digit 6. Here they are:
694,435
6,840
6,840
61,501,801
63,449,125
6,840
6,840
684,083
675,982
695,393
6,840
6,840
623,716
6.25
6.00
695,393
6.06
6.0
677.3
6.0
7's 8's 9's
We found 16 numbers that start with the digit 7. Here they are:
7,934,806
7,676,922
7,306,757
7,306,757
7,306,757
7,306,757
7,306,757
7,500,000
7,306,757
780,749
730,581
7.58
7.00
73,986
7.5
7.5
We found 15 numbers that start with the digit 8. Here they are:
841,414
848,286
81,411,811
80,312,594
80,312,594
81,411,811
844,745
815,677
805,469
815,677
815,677
849,196
80,060
8.4
8
We found 7 numbers that start with the digit 9. Here they are:
945,447
989,290
9
9.15
92,184
92,184
96.82
While the above COYA 10Q Filed 5/13/2025 is interesting in isolation, we have found that it is also useful to take a look at older Coya Therapeutics Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/13/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical COYA 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.3
15.2
15.2
12.7
7.1
7.1
5.7
5.3
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 283

= Typical COYA range from 3/29/2023 to 5/13/2025
29.1
15.3
18.3
7.2
8.1
9.3
5.4
3.9
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL?   [ original filing ]
Total numbers found: 333

= Typical COYA range from 3/29/2023 to 5/13/2025
32.3
18.3
11.1
6.6
6.3
4.2
6.9
5.1
9.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 50
XBRL?   [ original filing ]
Total numbers found: 334

= Typical COYA range from 3/29/2023 to 5/13/2025
33.1
20.3
7.4
10.3
6.4
5.5
4.2
6.1
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL?   [ original filing ]
Total numbers found: 311

= Typical COYA range from 3/29/2023 to 5/13/2025
28.9
17.4
9.5
9.9
8.1
5.3
10.6
7.5
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL?   [ original filing ]
Total numbers found: 454

= Typical COYA range from 3/29/2023 to 5/13/2025
34.5
16.9
12.4
8.6
7.9
7.1
5.6
4.1
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 267

= Typical COYA range from 3/29/2023 to 5/13/2025
33.6
16.6
13.0
5.2
7.8
4.2
7.2
5.5
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL?   [ original filing ]
Total numbers found: 307

= Typical COYA range from 3/29/2023 to 5/13/2025
28.8
15.7
16.8
10.0
5.4
8.5
5.1
4.0
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 351

= Typical COYA range from 3/29/2023 to 5/13/2025
30.1
17.8
7.7
8.8
8.0
5.3
9.6
8.2
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 376

= Typical COYA range from 3/29/2023 to 5/13/2025
39.8
20.7
6.9
4.5
6.9
4.5
6.1
5.3
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 246

= Typical COYA range from 3/29/2023 to 5/13/2025
 

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