TENON MEDICAL, INC. financials
Source: EDGAR filings · Built 2026-06-19T01:39:20Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -11.02M | -10.06M | -12.54M | -12.87M | -4.39M |
| EBITDA | -12.53M | -13.36M | -15.53M | -18.65M | -6.46M |
| Working Capital | 3.56M | 6.34M | 749.00K | 6.82M | -7.60M |
| Net Debt | -3.62M | -6.11M | -571.00K | -1.22M | -1.80M |
| Gross Margin | 59.79% | 52.21% | 42.38% | -92.76% | 65.63% |
| Operating Margin | -324.34% | -420.08% | -537.12% | -2709.84% | -4038.13% |
| Net Margin | -318.36% | -417.24% | -532.14% | -2737.63% | -4405.00% |
| Return on Equity (ROE) | -249.13% | -228.99% | -2002.70% | -302.58% | 34.29% |
| Return on Assets (ROA) | -116.69% | -138.91% | -245.56% | -170.59% | -76.01% |
| Current Ratio | 2.11× | 4.39× | 1.24× | 3.69× | 0.50× |
| Debt-to-Equity | 0.03× | 0.07× | 2.39× | 0.15× | -0.05× |
| Cash Conversion Ratio | 0.86× | 0.72× | 0.78× | 0.64× | 0.61× |
| Accruals Ratio | -0.17× | -0.39× | -0.54× | -0.62× | -0.30× |
| SBC % of Revenue | 42.88% | 117.33% | 141.56% | 419.25% | 235.63% |
| CapEx Coverage | -39.36× | -53.11× | -33.75× | -14.20× | -42.08× |
| Free Cash Flow Per Share | $-1492.15 | $-8289.95 | $-55259.91 | $-16069.91 | $-4866.00 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|
| Revenues | 3.94M | 3.28M | 2.93M | 691.00K | 160.00K |
| Cost of Revenue | 1.59M | 1.57M | 1.69M | 1.33M | 55.00K |
| Gross Profit | 2.36M | 1.71M | 1.24M | -641.00K | 105.00K |
| Research and Development Expense | 2.15M | 2.60M | 3.16M | 2.83M | 1.72M |
| Operating Expenses | 15.15M | 15.48M | 16.97M | 18.08M | 6.57M |
| Operating Income (Loss) | -12.79M | -13.77M | -15.73M | -18.73M | -6.46M |
| Net Income (Loss) Attributable to Parent | -12.56M | -13.67M | -15.58M | -18.92M | -7.05M |
| Earnings Per Share, Basic | $-1.70 | $-11.26 | $-68.64 | $-23.62 | $-7.81 |
| Weighted Average Number of Shares Outstanding, Basic | 7,384 | 1,214 | 227 | 801 | 903 |
| Earnings Per Share, Diluted | $-1.70 | $-11.26 | $-68.64 | $-23.62 | $-7.81 |
| Weighted Average Number of Shares Outstanding, Diluted | 7,384 | 1,214 | 227 | 801 | 903 |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 3.76M | 6.54M | 2.43M | 2.13M | 2.92M |
| Assets, Current | 6.77M | 8.21M | 3.89M | 9.35M | 7.67M |
| Assets | 10.76M | 9.84M | 6.34M | 11.09M | 9.27M |
| Liabilities, Current | 3.21M | 1.87M | 3.14M | 2.53M | 15.27M |
| Liabilities | 5.72M | 3.87M | 5.57M | 4.84M | 16.18M |
| Stockholders' Equity Attributable to Parent | 5.04M | 5.97M | 778.00K | 6.25M | -20.55M |
| Common Stock, Shares, Outstanding | 10.85M | 3.14M | 325,039 | 1.12M | 989,954 |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -10.74M | -9.88M | -12.18M | -12.03M | -4.29M |
| Payments to Acquire Property, Plant, and Equipment | 273.00K | 186.00K | 361.00K | 847.00K | 102.00K |
| Net Cash Provided by (Used in) Investing Activities | -1.02M | -186.00K | 6.14M | -2.88M | -4.50M |
| Net Cash Provided by (Used in) Financing Activities | 8.99M | 14.13M | 6.30M | 14.11M | 11.47M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -3.02M | -2.42M | -8.60M | -4.89M | — | -2.74M |
| EBITDA | -3.19M | -2.77M | — | — | -3.63M | -3.06M |
| Working Capital | 215.00K | 3.56M | 3.50M | 7.32M | 9.79M | 6.34M |
| Net Debt | 270.00K | -3.62M | -3.23M | -7.56M | -9.95M | -6.11M |
| Gross Margin | 68.53% | 68.67% | 65.90% | 43.44% | 44.49% | 45.84% |
| Operating Margin | -237.85% | -193.52% | -289.17% | -506.56% | -506.47% | -412.08% |
| Net Margin | -252.07% | -191.22% | -284.65% | -490.96% | -498.07% | -400.91% |
| Return on Equity (ROE) | -183.43% | -56.19% | -69.59% | -41.25% | -38.57% | -51.70% |
| Return on Assets (ROA) | -27.08% | -26.32% | -32.21% | -24.91% | -27.00% | -31.36% |
| Current Ratio | 1.03× | 2.11× | 2.15× | 3.86× | 5.46× | 4.39× |
| Debt-to-Equity | 2.57× | 0.03× | 0.04× | 0.04× | 0.04× | 0.07× |
| Cash Conversion Ratio | 0.85× | 0.79× | 2.55× | 1.70× | 0.69× | 0.90× |
| Accruals Ratio | -0.04× | -0.06× | 0.50× | 0.17× | -0.08× | -0.03× |
| SBC % of Revenue | 24.00% | 23.23% | 114.83% | 228.55% | 120.11% | 114.68% |
| CapEx Coverage | -52.86× | -11.58× | -105.20× | -24.46× | — | 75.05× |
| Free Cash Flow Per Share | $-267.66 | $-327.19 | $-1042.67 | $-644.05 | — | $-2257.00 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 1.38M | 1.48M | 1.17M | 564.00K | 726.00K | 770.00K |
| Cost of Revenue | 434.00K | 464.00K | 400.00K | 319.00K | 403.00K | 417.00K |
| Gross Profit | 945.00K | 1.02M | 773.00K | 245.00K | 323.00K | 353.00K |
| Research and Development Expense | 662.00K | 527.00K | 428.00K | 503.00K | 691.00K | 569.00K |
| Operating Expenses | 4.22M | 3.88M | 4.17M | 3.10M | 4.00M | 3.53M |
| Operating Income (Loss) | -3.28M | -2.87M | -3.39M | -2.86M | -3.68M | -3.17M |
| Net Income (Loss) Attributable to Parent | -3.48M | -2.83M | -3.34M | -2.77M | -3.62M | -3.09M |
| Earnings Per Share, Basic | $-0.31 | $-0.22 | $-0.40 | $-0.36 | $-1.01 | $7.34 |
| Weighted Average Number of Shares Outstanding, Basic | 11,268 | 7,384 | 8,250 | 7,591 | 3,597 | 1,214 |
| Earnings Per Share, Diluted | $0.31 | $-0.22 | $-0.40 | $-0.36 | $1.01 | $7.34 |
| Weighted Average Number of Shares Outstanding, Diluted | 11,268 | 7,384 | 8,250 | 7,591 | 3,597 | 1,214 |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 4.61M | 3.76M | 3.44M | 7.85M | 10.31M | 6.54M |
| Assets, Current | 7.62M | 6.77M | 6.54M | 9.88M | 11.99M | 8.21M |
| Assets | 12.84M | 10.76M | 10.37M | 11.11M | 13.39M | 9.84M |
| Liabilities, Current | 7.41M | 3.21M | 3.04M | 2.56M | 2.19M | 1.87M |
| Liabilities | 10.94M | 5.72M | 5.57M | 4.40M | 4.02M | 3.87M |
| Stockholders' Equity Attributable to Parent | 1.90M | 5.04M | 4.80M | 6.71M | 9.38M | 5.97M |
| Common Stock, Shares, Outstanding | 11.30M | 10.85M | 8.61M | 7.59M | 7.59M | 3.14M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.96M | -2.22M | -8.52M | -4.70M | -2.48M | -2.78M |
| Payments to Acquire Property, Plant, and Equipment | 56.00K | 192.00K | 81.00K | 192.00K | — | -37.00K |
| Net Cash Provided by (Used in) Investing Activities | -56.00K | -192.00K | -831.00K | -192.00K | — | 37.00K |
| Net Cash Provided by (Used in) Financing Activities | 3.87M | 2.73M | 6.26M | 6.20M | 6.26M | 113.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (TNON CIK 0001560293),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.