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 5/12/2026 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.
25.6
18.7
11.0
13.2
7.3
8.8
9.2
4.4
1.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, COYA stockholder letter ]
Total numbers found: 273
Recent share count: 23,457,183 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
273
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.
40

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the company's typical historical range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range.
 • We deducted points upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
COYA
Low score compared to other filers, falling in the bottom quartile.
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 70 numbers that start with the digit 1. Here they are:
11,227
1,061,122
1,355,714
1,242,635
1,197,856
1,050,124
10,000,000
118,138,281
104,989,413
10,000
16,720,511
104,989,413
1
10,953,352
10,953,604
118,138,281
16,707,441
1,671
1,080,082
1,080,082
17,557
19,135
19,137
16,724,998
1,673
1,080,082
10,000
154,713
101,879
1,382,199
10,995,387
19,137
10,995,387
19,137
1,198,440
1,759,868
1,290,436
1,334,414
10,000
1,793,733
1,703,454
1,249,207
1,996,833
1,753,653
174,827
1,461,705
1,727,541
1,355,714
13.3
11.6
11.8
10
1
10
1
1
11.1
131,703
131,703
181,174
181,174
150,000
150,000
100,000
100,000
1,759,868
1,080,082
1.0
100.38
1.2
We found 51 numbers that start with the digit 2. Here they are:
23,457,183
2,538,036
200,000,000
23,457,183
20,934,456
2,346
2,094
251,147
257,884
2,713,890
2,807
22,644,304
20,934,456
2,094
2,522,727
252
2,195,516
2,195,516
23,457,183
2,346
2
2,807
2,195,516
251,147
257,884
2,828,275
2,809,138
250,000
251,147
257,884
2,801,890
202,410
2,713,890
2,807
2,247,980
251,147
2,247,980
2,315,225
2,538,036
294,631
2.9
20.0
20
2
2,522,727
259,383
259,383
2,195,516
2,971,238
2,179,173
2.0
We found 30 numbers that start with the digit 3. Here they are:
3,116,232
3,612,913
3,546,541
3,781,977
370,165
32
39,577,095
33,369,557
3,126,042
3,901,857
38,339,762
35,530,624
3,781,977
370,165
3,858,666
3,060,030
3,875,707
3,116,232
352,347
380,528
3,612,913
3
384,689
3,858,666
3,858,666
3.9
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:
46,822,786
49,939,018
49,950,245
4,300,739
48,970,360
43,028,230
49,950,245
4,096,580
433,227
44
43,028,230
48,970,360
40,737,170
48,043,927
421,523
46,822,786
41,783
4,022,376
4,096,580
433,227
4,680,926
46,822,786
46,822,786
43,139
4
4
4.40
4
4,076,746
435,648
4.79
4.5
40.0
4.2
4.2
4.0
We found 20 numbers that start with the digit 5. Here they are:
50,724,643
53,262,679
53,271,099
5,871,891
53,271,099
5,214,076
578,196
50,724,643
50.7
5,214,076
50,724,643
50,724,643
5.9
5.9
5
5.50
5.44
5.29
5.03
5.29
We found 24 numbers that start with the digit 6. Here they are:
6,922,015
69,170,267
61,963,277
6,840
61,963,277
69,170,267
6,840
6,208,530
69.2
684,083
695,393
6,840
609,556
62,850
6
6.25
6.00
695,393
604,495
603,001
604,495
6.0
677.3
6.0
7's 8's 9's
We found 25 numbers that start with the digit 7. Here they are:
754,198
7,891,364
7,934,806
7,640,217
7,676,922
7,206,990
7,306,757
7,206,990
7,306,757
7,206,990
7,206,990
7,306,757
7,306,757
7,206,990
7,306,757
731,673
7,206,990
7,306,757
738,157
708,736
7.58
7.00
7.3
7.5
7.5
We found 12 numbers that start with the digit 8. Here they are:
8,420
80,312,594
81,411,811
885,000
885,000
822,260
815,677
822,260
822,260
837,378
887,428
8.4
We found 5 numbers that start with the digit 9. Here they are:
948,192
96,250
989,290
95,171
96.82
While the above COYA 10Q Filed 5/12/2026 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 5/12/2026 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.

25.6
18.7
11.0
13.2
7.3
8.8
9.2
4.4
1.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 40
XBRL?   [ original filing ]
Total numbers found: 273

= Typical COYA range from 3/29/2023 to 5/12/2026
29.9
16.6
12.5
10.9
6.0
10.9
6.2
5.2
1.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 368

= Typical COYA range from 3/29/2023 to 5/12/2026
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: 64
XBRL?   [ original filing ]
Total numbers found: 351

= Typical COYA range from 3/29/2023 to 5/12/2026
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: 51
XBRL?   [ original filing ]
Total numbers found: 376

= Typical COYA range from 3/29/2023 to 5/12/2026
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: 76
XBRL?   [ original filing ]
Total numbers found: 246

= Typical COYA range from 3/29/2023 to 5/12/2026
30.0
19.6
10.6
13.9
5.8
5.5
6.9
4.8
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 433

= Typical COYA range from 3/29/2023 to 5/12/2026
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: 91
XBRL?   [ original filing ]
Total numbers found: 283

= Typical COYA range from 3/29/2023 to 5/12/2026
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: 55
XBRL?   [ original filing ]
Total numbers found: 333

= Typical COYA range from 3/29/2023 to 5/12/2026
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: 40
XBRL?   [ original filing ]
Total numbers found: 334

= Typical COYA range from 3/29/2023 to 5/12/2026
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: 50
XBRL?   [ original filing ]
Total numbers found: 311

= Typical COYA range from 3/29/2023 to 5/12/2026
29.5
18.2
14.3
10.8
6.4
8.1
4.4
4.7
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 407

= Typical COYA range from 3/29/2023 to 5/12/2026
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: 45
XBRL?   [ original filing ]
Total numbers found: 454

= Typical COYA range from 3/29/2023 to 5/12/2026
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 5/12/2026
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: 58
XBRL?   [ original filing ]
Total numbers found: 307

= Typical COYA range from 3/29/2023 to 5/12/2026
 

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