2023 Q4 Form 10-Q Financial Statement
#000121390023087015 Filed on November 14, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2023 Q2 |
---|---|---|---|
Revenue | $808.0K | $944.0K | $743.0K |
YoY Change | 191.7% | 353.85% | 450.37% |
Cost Of Revenue | $249.0K | $409.0K | $549.0K |
YoY Change | -48.55% | 35.43% | 102.58% |
Gross Profit | $559.0K | $535.0K | $194.0K |
YoY Change | -370.05% | -669.15% | -242.65% |
Gross Profit Margin | 69.18% | 56.67% | 26.11% |
Selling, General & Admin | $3.009M | $3.176M | $3.615M |
YoY Change | -56.45% | 33.95% | -22.47% |
% of Gross Profit | 538.28% | 593.64% | 1863.4% |
Research & Development | $691.0K | $737.0K | $901.0K |
YoY Change | -14.9% | -7.53% | 37.14% |
% of Gross Profit | 123.61% | 137.76% | 464.43% |
Depreciation & Amortization | $93.00K | $46.00K | $35.00K |
YoY Change | 272.0% | 91.67% | 84.21% |
% of Gross Profit | 16.64% | 8.6% | 18.04% |
Operating Expenses | $3.700M | $3.913M | $4.516M |
YoY Change | -52.08% | 23.52% | -15.11% |
Operating Profit | -$3.141M | -$3.378M | -$4.322M |
YoY Change | -60.38% | 3.56% | -20.78% |
Interest Expense | $7.000K | $4.000K | |
YoY Change | -91.25% | -94.44% | |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $46.00K | $37.00K |
YoY Change | -100.0% | -49.45% | -215.63% |
Pretax Income | -$3.134M | -$3.332M | -$4.285M |
YoY Change | -60.35% | 5.08% | -21.92% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$3.134M | -$3.332M | -$4.285M |
YoY Change | -60.35% | 5.08% | -21.92% |
Net Earnings / Revenue | -387.87% | -352.97% | -576.72% |
Basic Earnings Per Share | -$1.46 | -$0.33 | |
Diluted Earnings Per Share | -$1.24 | -$1.46 | -$0.33 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.471M shares | 22.61M shares | 11.25M |
Diluted Shares Outstanding | 2.276K shares | 13.05K shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2023 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.428M | $3.371M | $6.345M |
YoY Change | -71.67% | -73.11% | -60.38% |
Cash & Equivalents | $2.428M | $3.371M | $5.852M |
Short-Term Investments | $0.00 | $0.00 | $493.0K |
Other Short-Term Assets | $389.0K | $345.0K | $413.0K |
YoY Change | 190.3% | 94.92% | 197.12% |
Inventory | $554.0K | $474.0K | $570.0K |
Prepaid Expenses | $389.0K | $345.0K | $413.0K |
Receivables | $518.0K | $773.0K | $601.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $3.889M | $4.963M | $7.929M |
YoY Change | -58.39% | -63.68% | -52.97% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.607M | $956.0K | $945.0K |
YoY Change | 102.65% | 225.17% | 292.12% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $2.500M | ||
YoY Change | |||
Other Assets | $849.0K | $695.0K | $219.0K |
YoY Change | 1017.11% | 1262.75% | 329.41% |
Total Long-Term Assets | $2.456M | $2.355M | $1.926M |
YoY Change | 40.99% | 85.14% | 51.3% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.889M | $4.963M | $7.929M |
Total Long-Term Assets | $2.456M | $2.355M | $1.926M |
Total Assets | $6.345M | $7.318M | $9.855M |
YoY Change | -42.78% | -51.01% | -45.65% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $433.0K | $763.0K | $912.0K |
YoY Change | -21.27% | 80.81% | 164.35% |
Accrued Expenses | $1.534M | $571.0K | $1.130M |
YoY Change | 113.95% | -5.31% | -31.8% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.173M | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.140M | $3.085M | $6.866M |
YoY Change | 24.11% | 143.68% | 207.07% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $2.427M | $1.716M | $2.086M |
YoY Change | 5.2% | 137.02% | 166.75% |
Total Long-Term Liabilities | $2.427M | $1.716M | $2.086M |
YoY Change | 5.2% | 137.02% | 166.75% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.140M | $3.085M | $6.866M |
Total Long-Term Liabilities | $2.427M | $1.716M | $2.086M |
Total Liabilities | $5.567M | $4.801M | $8.952M |
YoY Change | 15.09% | 141.26% | 196.62% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$55.07M | -$51.94M | -$48.61M |
YoY Change | 39.45% | 64.43% | 71.06% |
Common Stock | $55.90M | $2.000K | $22.00K |
YoY Change | 508054.55% | -81.82% | 100.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $778.0K | $2.517M | $903.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.345M | $7.318M | $9.855M |
YoY Change | -42.78% | -51.01% | -45.65% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2023 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.134M | -$3.332M | -$4.285M |
YoY Change | -60.35% | 5.08% | -21.92% |
Depreciation, Depletion And Amortization | $93.00K | $46.00K | $35.00K |
YoY Change | 272.0% | 91.67% | 84.21% |
Cash From Operating Activities | -$2.278M | -$3.155M | -$3.176M |
YoY Change | -32.7% | -7.56% | 14.95% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $92.00K | $59.00K | $128.0K |
YoY Change | -84.69% | -176.62% | -412.2% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $493.0K | $1.257M |
YoY Change | -100.0% | -139.76% | -115.44% |
Cash From Investing Activities | -$92.00K | $434.0K | $1.129M |
YoY Change | -103.93% | -132.95% | -113.8% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.371M | 261.0K | 4.707M |
YoY Change | -5584.0% | -66.84% | |
NET CHANGE | |||
Cash From Operating Activities | -2.278M | -3.155M | -3.176M |
Cash From Investing Activities | -92.00K | 434.0K | 1.129M |
Cash From Financing Activities | 1.371M | 261.0K | 4.707M |
Net Change In Cash | -999.0K | -2.460M | 2.660M |
YoY Change | -6.72% | -47.99% | -18.1% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.278M | -$3.155M | -$3.176M |
Capital Expenditures | $92.00K | $59.00K | $128.0K |
Free Cash Flow | -$2.370M | -$3.214M | -$3.304M |
YoY Change | -40.54% | -3.66% | 21.38% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Interest Expense
InterestExpense
|
usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.91 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1573 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2276 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
692 | shares | |
dei |
Document Type
DocumentType
|
10-Q | ||
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Document Quarterly Report
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true | ||
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Document Period End Date
DocumentPeriodEndDate
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2023-09-30 | ||
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2023 | ||
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false | ||
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|
001-41364 | ||
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Entity Registrant Name
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|
TENON MEDICAL, INC. | ||
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Entity Incorporation State Country Code
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|
DE | ||
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Entity Tax Identification Number
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45-5574718 | ||
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104 Cooper Court | ||
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Los Gatos | ||
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CA | ||
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95032 | ||
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(408) | ||
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CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1124 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1573 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
692 | shares | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3332000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3171000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12447000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11012000 | usd | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-10000 | usd |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
16000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-37000 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-30000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-19000 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-18000 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-40000 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-3362000 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-3200000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-12449000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-11089000 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
903000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1070000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
453000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
289000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
3164000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-30000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3332000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2517000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15113000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1034000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-29000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3171000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12947000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6252000 | usd |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3164000 | usd | |
us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
1643000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
3164000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
453000 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
289000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-2000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12447000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2517000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-20552000 | usd |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1755000 | usd | |
us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
13765000 | usd | |
tnon |
Stock Issued During Period Value Exchange Of Share
StockIssuedDuringPeriodValueExchangeOfShare
|
12367000 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
1272000 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
13868000 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
1561000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-77000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11012000 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12947000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12447000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11012000 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
37000 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
362000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3164000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1755000 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
1561000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
106000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
53000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
169000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
157000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
545000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
68000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
59000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
622000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
257000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
100000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
213000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-56000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-81000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-485000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-168000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-148000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9905000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8640000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
6996000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
4404000 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
493000 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
9381000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
269000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
246000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
6234000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5223000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
4808000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
14139000 | usd | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
453000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
330000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4931000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
14139000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-18000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-40000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1242000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
236000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2129000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2917000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3371000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3153000 | usd |
tnon |
Common Stock Issued Upon Conversion Of Preferred Stock
CommonStockIssuedUponConversionOfPreferredStock
|
13639000 | usd | |
tnon |
Common Stock Issued Upon Conversion Of Debt
CommonStockIssuedUponConversionOfDebt
|
13868000 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
743000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
218000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
212000 | usd | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P2Y9M | |
CY2023Q3 | us-gaap |
Share Price
SharePrice
|
1 | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1 | ||
CY2023Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
2500000 | usd |
CY2023Q2 | us-gaap |
Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
|
1000000 | shares |
CY2023Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
1 | shares |
CY2023Q2 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
4866000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Use of estimates</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Significant estimates made by management include, but are not limited to, realization of deferred tax assets, accrued liabilities, accrued commissions, incremental borrowing rate, obsolescence of inventory, stock-based compensation and the fair value of investments, inventory and of the Company’s common stock.</p> | ||
CY2022Q2 | us-gaap |
Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
|
1 | shares |
us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
effected a 1-for-10 reverse stock split (the “2023 Reverse Stock Split”) by filing an amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended, with the Delaware Secretary of State. The 2023 Reverse Stock Split combined every ten shares of our common stock issued and outstanding immediately prior to effecting the 2023 Reverse Stock Split into one share of common stock. No fractional shares were issued in connection with the 2023 Reverse Stock Split. All historical share and per share amounts reflected throughout this document have been adjusted to reflect the 2022 Reverse Stock Split and the 2023 Reverse Stock Split. | ||
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.08 | pure |
tnon |
Percentage Of Valuation Allowance In Deferred Tax Assets
PercentageOfValuationAllowanceInDeferredTaxAssets
|
1 | pure | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2204841 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
228087 | shares | |
CY2022Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
72000 | usd |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
108000 | usd | |
CY2022Q3 | tnon |
Accrued Interest
AccruedInterest
|
0 | usd |
CY2022Q4 | tnon |
Accrued Interest
AccruedInterest
|
13000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1142000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
873000 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
186000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
80000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
956000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
793000 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
46000 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
24000 | usd |
us-gaap |
Depreciation
Depreciation
|
106000 | usd | |
us-gaap |
Depreciation
Depreciation
|
53000 | usd | |
CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
130000000 | shares |
CY2014Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
8574 | shares | |
CY2023Q3 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
306000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
452000 | usd |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
265000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
265000 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
571000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
717000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
73000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
73000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
219000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
219000 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
704000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
873000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
249000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
228000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
494000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
683000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
743000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
911000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
75000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
301000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
310000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
144000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
830000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
87000 | usd |
CY2023Q2 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
1000000 | shares |
CY2023Q2 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
4808000 | usd |
CY2023Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
5.6 | |
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P5Y | |
CY2023Q2 | tnon |
Offering Warrant Exercise Price
OfferingWarrantExercisePrice
|
3.146 | |
CY2023Q2 | tnon |
Aggregate Gross Sales Price
AggregateGrossSalesPrice
|
5500000 | usd |
CY2023Q2 | tnon |
Percentage Of Gross Proceeds
PercentageOfGrossProceeds
|
0.03 | pure |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
204604 | shares | |
CY2023Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
204604 | shares |
tnon |
Purchase Agreement
PurchaseAgreement
|
10000000 | usd | |
us-gaap |
Common Stock Dividends Shares
CommonStockDividendsShares
|
10000 | shares | |
us-gaap |
Common Stock Conversion Basis
CommonStockConversionBasis
|
(i) up to 12,500 shares of common stock, if the closing sale price of its common stock on Nasdaq on such business day is at least $15.00 per share and (ii) up to 15,000 shares of common stock, if the closing sale price of its common stock on Nasdaq on such business day is at least $25.00 per share | ||
tnon |
Purchase Exceed Amount
PurchaseExceedAmount
|
500000 | usd | |
tnon |
Number Of Shares
NumberOfShares
|
100000 | shares | |
tnon |
Percentage Of Outstanding Shares
PercentageOfOutstandingShares
|
0.0499 | pure | |
us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
one vote | ||
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1070000 | usd |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1034000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3164000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
721000 | usd | |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
0 | usd |
CY2023Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
2000000 | shares |
CY2023Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
5.6 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P5Y | ||
tnon |
Class Of Warrants Of Rights Grant Date Fair Value Of Warrants
ClassOfWarrantsOfRightsGrantDateFairValueOfWarrants
|
3164 | ||
tnon |
Fair Value Of Offering Warrant
FairValueOfOfferingWarrant
|
1.58 | ||
CY2023Q3 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
3 | |
tnon |
Daily Return Rate
DailyReturnRate
|
0.0518 | pure | |
tnon |
Annual Volatility
AnnualVolatility
|
1 | pure | |
tnon |
Deviation
Deviation
|
0.063 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0399 | pure | |
tnon |
Disclosure Of Reconciliation Of Liability
DisclosureOfReconciliationOfLiability
|
A reconciliation of the liability under clause (b) and clause (c) for the nine months ended September 30, 2023 is as follows:<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%">Balance at December 31, 2022</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">2,560</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Amounts paid during 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(406</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Accretion</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">381</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 10pt; padding-bottom: 4pt">Balance at September 30, 2023</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">2,535</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table> | ||
CY2022Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
2560000 | usd |
us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
406000 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
381000 | usd | |
CY2023Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
2535000 | usd |
CY2023Q3 | tnon |
Additional Compensation Per Quarter
AdditionalCompensationPerQuarter
|
62.5 | |
CY2023Q3 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
10 | shares |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
usd | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | ||
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
usd | ||
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
usd | ||
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
usd | ||
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
usd | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
usd | ||
tnon |
Common Stock Issued Upon Conversion Of Preferred Stock
CommonStockIssuedUponConversionOfPreferredStock
|
usd | ||
tnon |
Common Stock Issued Upon Conversion Of Debt
CommonStockIssuedUponConversionOfDebt
|
usd | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001560293 |