Another version of the small RED Komodo is currently in development - in a live-streamed conversation with Scott Balkum and Phil Holland, Jarred Land let slip a few - partially cloaked - pieces of information about the camera and even showed a half-covered pre-production model.
The Komodo-X camera is explicitly not meant to be a successor to the Komodo (that would be a Komodo 2, which is expected later), but to position itself as a kind of intermediate model. Sensor size and resolution seem to remain largely the same, and there will probably be a global shutter again (it is a Komodo, after all). Presumably, slightly higher frame rates will be supported than on the current Komodo (but this has not been confirmed).
According to Jarred Land, the Komodo X will definitely feature significant audio improvements. It also seems that a slightly larger and better monitor will be installed, which means that the camera body will be a bit longer (on the Komodo, you look at the display from above). This should not increase the weight of the camera. The recording is apparently done on CFexpress cards.

RED Komodo-X pre-production model
On the briefly shown white pre-production model (around 7:05), a red shutter release button and a locking RF ring can be seen in addition to the Komodo-X lettering on the front. Also seen (at least halfway) is a new, mysterious module for the camera. It seems to have a V-mount, further a BNC connector and a mini display can be seen.
When the Komodo-X will be ready and at what price it will be offered, RED itself doesn&t know yet. The latter depends, among other things, on what the installed series components actually cost. An official announcement of the camera could possibly come at Cinegear.