Dwayne,
The power consumption seems little high in diving, unless maybe it’s on the brightest setting. But the sudden drop while it should be asleep is not right. A full battery should give 5-6 months of standby power.
The first thing I ask is the storage situation. If the pins on the Cobalt are bridged by being in a wet environment (such as a damp gear bag), or by having metal contacts (like storing with the adapter in place) bridging them, the Cobalt won’t ever go into true sleep, but will keep sampling rapidly and will run the battery down in a few days, even though the display will be dark. Sometimes this can be brought on by salt collecting around the pins- try washing them out with fresh water.
One way to check this is to dip the Cobalt in water, without pressing any buttons. If it is in true sleep, it will immediately come up to the dive screen. If there is no response, it wasn’t in sleep mode.
If you have been seeing this kind of power drop consistently in a dry environment, then it is possible an ESD protection component on the board has taken a hit, and that might be preventing true sleep. It’s also possible there is a defective battery that is sometimes having a high rate of internal discharge. Both of these would be warranty repairs, but let’s look at the simpler and more likely explanations first.
Has this drop when in storage only happened right after diving? That would indicate something to do with the pins or storage.
I’ll send you some instructions for looking at battery diagnostics.
Ron