Your options are:
- MATLAB Compiler. This would not require that your colleagues have a MATLAB license. Debugging the compiling can be a nuisance. Not everything can be compiled.
- MATLAB Coder and a bunch of extra work to interface to ActiveX or do other I/O or graphics. This would not require that your colleagues have a MATLAB license. The extra interfacing work is probably not worth the effort. The parts that can have code generated are even more restrictive than the Compiler
- Create a Toolbox . This does require that your colleagues have a MATLAB license. This should be fairly easy. It pretty much creates a .zip file, so your colleagues would be able to look at the .m files, but you only have to transfer the single bundle file.
