Tenon Medical, Inc. (TNON)
About Tenon Medical, Inc.
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
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Financial summary
- Revenue FY2025
- $3.9M
- Net income
- -$12.6M
- Total assets
- $10.8M
- Market cap
- $7.0M
- Gross margin
- 59.8%
- Operating margin
- -324.3%
- Net margin
- -318.4%
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $3.9M
- Cost of revenue
- $1.6M
- Gross profit
- $2.4M
- Operating expenses
- $15.2M
- Operating income
- -$12.8M
- Net income
- -$12.6M
- EPS (basic)
- $-1.70
- EPS (diluted)
- $-1.70
Balance sheet
- Total assets
- $10.8M
- Current assets
- $6.8M
- Total liabilities
- $5.7M
- Current liabilities
- $3.2M
- Shareholders’ equity
- $5.0M
Cash flow
- Operating cash flow
- -$10.7M
- Investing cash flow
- -$1.0M
- Financing cash flow
- $9.0M
- Net cash flow
- -$2.8M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $7.0M
- EPS (diluted)
- $-1.7
- Shares outstanding
- 36.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Apr 27, 2022
Tenon Medical, Inc. (TNON) Stock Price
- Reported a net loss of $12.6M in FY2025.
- Revenue grew 471% from FY2022 to FY2025.
- Gross margin of 59.8%, net margin -318.4%.
- Trading 89% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Tenon Medical, Inc.
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Tenon Medical, Inc.: frequently asked questions
Is Tenon Medical, Inc. an American company?
Tenon Medical, Inc. is a US-based company headquartered in Los Gatos, California, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Tenon Medical, Inc. headquartered?
Tenon Medical, Inc. is headquartered in Los Gatos, California, United States.
Is Tenon Medical, Inc. publicly traded?
Yes — Tenon Medical, Inc. is a publicly traded company. Its stock trades under the ticker symbol TNON on the NASDAQ.
What does Tenon Medical, Inc. do?
Tenon Medical, Inc. is an American Medical Devices company in the Health & Beauty sector.