2021 Q3 Form 10-Q Financial Statement

#000165495421009088 Filed on August 16, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q4
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.640M $1.271M $1.940M
YoY Change 125.11% 46.26% 39.57%
% of Gross Profit
Research & Development $1.162M $693.2K $890.0K
YoY Change 10.45% -45.62% -37.32%
% of Gross Profit
Depreciation & Amortization $1.010K $1.000K $0.00
YoY Change 1.0% -100.0%
% of Gross Profit
Operating Expenses $3.802M $1.965M $2.830M
YoY Change 70.88% -8.37% 0.71%
Operating Profit $3.802M $1.965M
YoY Change 70.88% -8.37%
Interest Expense $0.00 $336.00 $0.00
YoY Change
% of Operating Profit 0.0% 0.02%
Other Income/Expense, Net $3.640K -$247.8K $0.00
YoY Change -63.6% -11895.34% -100.0%
Pretax Income -$3.799M -$1.717M -$2.830M
YoY Change 71.11% -20.14% 1.43%
Income Tax
% Of Pretax Income
Net Earnings $3.799M $1.717M -$2.830M
YoY Change -271.08% -179.99% 1.43%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$150.7K -$99.72K -$3.180M
COMMON SHARES
Basic Shares Outstanding 25.20M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.354M $3.871M $6.710M
YoY Change -4.09% -14.91% 24.26%
Cash & Equivalents $8.354M $1.671M $6.250M
Short-Term Investments $0.00 $2.200M $460.0K
Other Short-Term Assets $229.2K $349.9K $80.00K
YoY Change 20.61% -46.99% -89.74%
Inventory
Prepaid Expenses $229.2K $349.9K $82.58K
Receivables
Other Receivables
Total Short-Term Assets $8.583M $2.532M $6.796M
YoY Change -3.56% -51.4% 9.96%
LONG-TERM ASSETS
Property, Plant & Equipment $6.489K $5.821K $5.972K
YoY Change -92.79% -95.15% -96.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.435K $8.435K $8.435K
YoY Change -15.65% -15.65% -15.65%
Total Long-Term Assets $328.4K $353.0K $73.19K
YoY Change 228.37% 152.11% -61.48%
TOTAL ASSETS
Total Short-Term Assets $8.583M $2.532M $6.796M
Total Long-Term Assets $328.4K $353.0K $73.19K
Total Assets $8.912M $2.885M $6.869M
YoY Change -0.98% -46.07% 7.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $776.2K $791.9K $757.9K
YoY Change -26.07% -49.23% -54.35%
Accrued Expenses $685.1K $383.1K $1.241M
YoY Change 128.37% -26.33% 42.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $120.0K
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $1.461M $1.175M $2.119M
YoY Change 5.9% -46.35% -16.25%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $120.0K
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $211.6K $239.0K $0.00
YoY Change -100.0%
Total Long-Term Liabilities $211.6K $239.0K $124.2K
YoY Change 0.76% 70.74% 106.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.461M $1.175M $2.119M
Total Long-Term Liabilities $211.6K $239.0K $124.2K
Total Liabilities $1.673M $1.414M $2.243M
YoY Change 5.22% -39.05% -13.39%
SHAREHOLDERS EQUITY
Retained Earnings -$275.3M -$271.5M -$246.0M
YoY Change
Common Stock $2.520K $273.0M $250.6M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.239M $1.471M $4.626M
YoY Change
Total Liabilities & Shareholders Equity $8.912M $2.885M $6.869M
YoY Change -0.98% -46.07% 7.83%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q4
OPERATING ACTIVITIES
Net Income $3.799M $1.717M -$2.830M
YoY Change -271.08% -179.99% 1.43%
Depreciation, Depletion And Amortization $1.010K $1.000K $0.00
YoY Change 1.0% -100.0%
Cash From Operating Activities -$3.022M -$1.846M -$1.980M
YoY Change 26.42% -17.21% 14.45%
INVESTING ACTIVITIES
Capital Expenditures -$1.670K -$1.880K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $513.2K -$15.36K $0.00
YoY Change 5032.2% -176.8% -100.0%
Cash From Investing Activities $511.5K -$17.23K $0.00
YoY Change 5015.4% -186.15% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $244.7K
YoY Change
Cash From Financing Activities 9.193M 4.650K 0.000
YoY Change 40.78% -99.76%
NET CHANGE
Cash From Operating Activities -3.022M -1.846M -1.980M
Cash From Investing Activities 511.5K -17.23K 0.000
Cash From Financing Activities 9.193M 4.650K 0.000
Net Change In Cash 6.683M -1.859M -1.980M
YoY Change 61.03% 588.45% 13.14%
FREE CASH FLOW
Cash From Operating Activities -$3.022M -$1.846M -$1.980M
Capital Expenditures -$1.670K -$1.880K $0.00
Free Cash Flow -$3.020M -$1.844M -$1.980M
YoY Change 26.35% -17.29% 14.45%

Facts In Submission

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us-gaap Use Of Estimates
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:left;">In preparing the unaudited condensed consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the dates of the unaudited condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from these estimates and the operating results for the interim periods presented are not necessarily indicative of the results expected for the full year.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:left;">On an ongoing basis, management reviews its estimates to ensure that these estimates appropriately reflect changes in the Company’s business and new information as it becomes available. If historical experience and other factors used by management to make these estimates do not reasonably reflect future activity, the Company’s results of operations and financial position could be materially impacted.</p>
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tenx Schedule Of Investments In Marketable Securities
ScheduleOfInvestmentsInMarketableSecurities
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="18" style="BORDER-BOTTOM: #000000 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>June 30, 2021</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1pt solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Amortized </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Cost</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1pt solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Accrued </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Interest</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1pt solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Gross Unrealized Gains</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1pt solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Gross Unrealized losses</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong> </strong></p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1pt solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Estimated </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Fair Value</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;">Corporate debt securities </td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 1px solid;width:9%;vertical-align:bottom;text-align:right;">506,530</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 1px solid;width:9%;vertical-align:bottom;text-align:right;">4,690</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 1px solid;width:9%;vertical-align:bottom;text-align:right;">46</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 1px solid;width:9%;vertical-align:bottom;text-align:right;">(323</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 1px solid;width:9%;vertical-align:bottom;text-align:right;">510,943</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;">Total investments </td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">506,530</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">4,690</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">46</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">(323</td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">510,943</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2021Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
1671422 USD
CY2021Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
510943 USD
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
6250241 USD
CY2020Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
462687 USD
us-gaap Depreciation
Depreciation
2000 USD
CY2021Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
43033 USD
CY2020Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
43033 USD
CY2021Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
23631 USD
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
23307 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
66664 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
66340 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
60843 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
60368 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5821 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5972 USD
CY2021Q2 us-gaap Depreciation
Depreciation
1000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
127551 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
860629 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
154051 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
319608 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
101461 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
60379 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
383063 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1240616 USD
CY2015Q3 us-gaap Area Of Land
AreaOfLand
5954 sqft
tenx Lease Term Period
LeaseTermPeriod
P64Y
us-gaap Description Of Lessee Leasing Arrangements Operating Leases
DescriptionOfLesseeLeasingArrangementsOperatingLeases
The Company has two five-year options to extend the Lease and a one-time option to terminate the Lease thirty-six months after the commencement of the initial term if no additional space (“Expansion Space”) became available. On April 2, 2021, the Company negotiated a 3-year extension to the existing lease term, commencing July 1, 2021
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
125034 USD
tenx Percentage Of Annual Increase In Rent
PercentageOfAnnualIncreaseInRent
0.025 pure
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
101461 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
60379 USD
CY2021Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
239039 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
0 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
340500 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
60379 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
62517 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
126612 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
129797 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
65702 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
384628 USD
CY2021Q2 tenx Less Imputed Interest
LessImputedInterest
-44128 USD
tenx Remaining Lease Term
RemainingLeaseTerm
P36Y
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.080 pure
us-gaap Lease Cost
LeaseCost
67765 USD
CY2021Q2 tenx Ppp Loan Amount
PppLoanAmount
244657 USD
CY2021Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0100 pure
CY2021Q2 tenx Ppp Loan Monthly Payment
PppLoanMonthlyPayment
31100 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
244657 USD
tenx Debt Instrument Decrease Forgiveness Accrued Interest
DebtInstrumentDecreaseForgivenessAccruedInterest
2576 USD
tenx Common Stock Acquired
CommonStockAcquired
1892905 shares
us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
10232000 shares
us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
1212492 shares
tenx Percentage Of Preferred Stock Carries Voting Rights
PercentageOfPreferredStockCarriesVotingRights
0.0499 pure
us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
3369371 USD
us-gaap Business Combination Consideration Transferred Other1
BusinessCombinationConsiderationTransferredOther1
18212960 USD
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
21582331 USD
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
0 USD
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
150000 USD
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
-21732331 USD
tenx In Process Research And Development Expense
InProcessResearchAndDevelopmentExpense
21582331 USD
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2021Q2 tenx Common Stock Shares Issue
CommonStockSharesIssue
25201312 shares
CY2020Q1 tenx Warrant To Purchase Of Common Stock Exercise Price
WarrantToPurchaseOfCommonStockExercisePrice
1.1651
CY2020Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1610313 shares
CY2020Q3 tenx Common Stock Par Or Stated Value Per Shares
CommonStockParOrStatedValuePerShares
1.0278
CY2020Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
652313 shares
CY2020Q3 tenx Warrant To Purchase Of Common Stock Exercise Price
WarrantToPurchaseOfCommonStockExercisePrice
1.0277
CY2020Q3 tenx Concurrent Private Placement Unregistered Prefunded Warrants To Purchas Common Stock
ConcurrentPrivatePlacementUnregisteredPrefundedWarrantsToPurchasCommonStock
4607692 shares
CY2020Q3 tenx Unregistered Common Stock Warrants To Purchase Common Stock
UnregisteredCommonStockWarrantsToPurchaseCommonStock
7783616 shares
CY2020Q3 tenx Unregistered Common Stock Warrants To Purchase Gross Proceeds
UnregisteredCommonStockWarrantsToPurchaseGrossProceeds
8000000.0 USD
CY2020Q3 tenx Unregistered Warrants Exercise Price
UnregisteredWarrantsExercisePrice
0.903
CY2020Q3 tenx Net Proceeds From Offerings After Deducting Placement Agent Fees And Other Direct Offering Expenses
NetProceedsFromOfferingsAfterDeductingPlacementAgentFeesAndOtherDirectOfferingExpenses
6500000 USD
CY2020Q3 tenx Common Stock Shares Issue
CommonStockSharesIssue
5260005 shares
CY2021Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
15797503 shares
CY2020Q4 tenx Share Based Compensation Arrangement By Share Based Payment Award Non Option Equitys Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquitysInstrumentsOutstandingNumber
16599079 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.29
tenx Share Based Compensation Arrangements By Share Based Payment Award Non Option Equity Instruments Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice
1.54
CY2021Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.27
tenx Shares Available For Grant Table Textblock
SharesAvailableForGrantTableTextblock
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-TOP: medium none; BORDER-BOTTOM: 1pt solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Shares Available </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>for Grant</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Balances, at December 31, 2020</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">356,500</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Additional shares reserved</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">750,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Options granted</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: black 1px solid;width:9%;vertical-align:bottom;text-align:right;">(328,750</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Balances, at June 30, 2021</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">777,750</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>

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