Financial Snapshot

Revenue
$3.315M
TTM
Gross Margin
58.46%
TTM
Net Earnings
-$13.72M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
352.05%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$8.191M
Q3 2024
Cash
Q3 2024
P/E
-0.5007
Nov 29, 2024 EST
Free Cash Flow
-$9.694M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $2.928M $691.0K $159.8K $43.82K $53.64K
YoY Change 323.73% 332.42% 264.67% -18.31%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $2.928M $691.0K $159.8K $43.82K $53.64K
Cost Of Revenue $1.687M $1.332M $54.77K $18.26K $18.26K
Gross Profit $1.241M -$641.0K $105.0K $25.56K $35.38K
Gross Profit Margin 42.38% -92.76% 65.73% 58.33% 65.96%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $13.81M $15.26M $4.848M $341.0K $197.3K
YoY Change -9.51% 214.7% 1321.76% 72.84%
% of Gross Profit 1112.41% 4615.61% 1334.0% 557.6%
Research & Development $3.163M $2.828M $1.718M $220.9K $371.6K
YoY Change 11.85% 64.61% 677.78% -40.55%
% of Gross Profit 254.88% 1635.69% 864.16% 1050.17%
Depreciation & Amortization $199.0K $78.00K $2.190K
YoY Change 155.13% 3461.64%
% of Gross Profit 16.04% 2.09%
Operating Expenses $16.97M $18.08M $6.566M $561.9K $568.8K
YoY Change -6.17% 175.43% 1068.59% -1.23%
Operating Profit -$15.73M -$18.73M -$6.461M -$536.3K -$533.4K
YoY Change -16.01% 189.83% 1104.71% 0.53%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $146.0K -$174.0K -$618.8K -$167.9K -$52.36K
YoY Change -183.91% -71.88% 268.65% 220.57%
% of Operating Profit
Other Income/Expense, Net $0.00 -$192.0K -$1.230K -$1.230K -$30.00
YoY Change -100.0% 15509.76% 0.0% 4000.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$15.58M -$18.92M -$7.081M -$705.4K -$585.8K
YoY Change -17.63% 167.15% 903.83% 20.41%
Income Tax
% Of Pretax Income
Net Earnings -$15.58M -$18.92M -$7.048M -$585.2K -$509.6K
YoY Change -17.63% 168.39% 1104.48% 14.84%
Net Earnings / Revenue -532.14% -2737.63% -4410.76% -1335.42% -950.0%
Basic Earnings Per Share -$8.59 -$2.36 -$7.81
Diluted Earnings Per Share -$8.59 -$2.36 -$627.3K -$52.08K -$45.35K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $2.428M $8.570M $7.321M $245.6K $152.0K
YoY Change -71.67% 17.06% 2880.45% 61.64%
Cash & Equivalents $2.428M $2.129M $2.917M $245.6K $152.0K
Short-Term Investments $0.00 $6.441M $4.405M
Other Short-Term Assets $389.0K $134.0K $87.16K $0.00 $1.170K
YoY Change 190.3% 53.74% -100.0%
Inventory $554.0K $415.0K $188.4K $43.29K $61.55K
Prepaid Expenses
Receivables $518.0K $228.0K $75.58K $14.47K $53.77K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $3.889M $9.347M $7.672M $303.4K $268.5K
YoY Change -58.39% 21.83% 2428.78% 13.02%
Property, Plant & Equipment $1.607M $1.666M $1.184M
YoY Change -3.54% 40.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $849.0K $76.00K $415.5K $87.50K $0.00
YoY Change 1017.11% -81.71% 374.8%
Total Long-Term Assets $2.456M $1.742M $1.599M $87.50K $0.00
YoY Change 40.99% 8.93% 1727.73%
Total Assets $6.345M $11.09M $9.272M $390.9K $268.5K
YoY Change
Accounts Payable $433.0K $550.0K $477.3K $589.2K $447.5K
YoY Change -21.27% 15.24% -19.0% 31.66%
Accrued Expenses $1.534M $1.980M $1.290M $663.7K $507.2K
YoY Change -22.53% 53.44% 94.44% 30.85%
Deferred Revenue
YoY Change
Short-Term Debt $1.173M $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $13.51M $241.4K $734.4K
YoY Change -100.0% 5494.95% -67.13%
Total Short-Term Liabilities $3.140M $2.530M $15.27M $1.494M $1.689M
YoY Change 24.11% -83.44% 922.18% -11.54%
Long-Term Debt $0.00 $0.00 $0.00 $333.6K $193.4K
YoY Change -100.0% 72.49%
Other Long-Term Liabilities $2.427M $2.307M $911.4K
YoY Change 5.2% 153.13%
Total Long-Term Liabilities $2.427M $2.307M $911.4K $333.6K $193.4K
YoY Change 5.2% 153.13% 173.22% 72.49%
Total Liabilities $5.567M $4.837M $16.19M $3.535M $2.877M
YoY Change 15.09% -70.11% 357.88% 22.86%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 1.814K shares 8.008K 903.0
Diluted Shares Outstanding 1.814K shares 8.008K 903.0
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $6.8691 Million

About Tenon Medical, Inc.

Tenon Medical Inc is a US-based company operating in Health Care Equipment & Supplies industry. The company is headquartered in Los Gatos, California and currently employs 21 full-time employees. The company went IPO on 2022-04-27. Tenon Medical, Inc. is a medical device company. The firm has developed the Catamaran SI Joint Fusion System that offers a novel, less invasive approach to the SI joint using a single, robust titanium implant. The system features the Catamaran Fixation Device which passes through both the axial and sagittal planes of the ilium and sacrum, stabilizing and transfixing the SI Joint along its longitudinal axis. The angle and trajectory of the Catamaran surgical approach is also designed to provide a pathway away from critical neural and vascular structures and into the strongest cortical bone. The Catamaran System is designed specially to resist vertical shear and rotation of the joint in which it was implanted, helping stabilize the joint in preparation for eventual fusion. The firm has also developed a proprietary two-dimensional (2D) placement protocol as well as a protocol for three-dimensional (3D) navigation utilizing the latest techniques in spine surgery.

Industry: Surgical & Medical Instruments & Apparatus Peers: ABBOTT LABORATORIES VIVOS INC AETHLON MEDICAL INC BIOLASE, INC Bluejay Diagnostics, Inc. FEMASYS INC GUIDED THERAPEUTICS INC Tivic Health Systems, Inc.