Tenon Medical, Inc. (TNON)
| Market Cap | 3.90M |
| Revenue (ttm) | 2.40M |
| Net Income (ttm) | -20.35M |
| Shares Out | 2.47M |
| EPS (ttm) | -16.76 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,151 |
| Open | 1.66 |
| Previous Close | 1.68 |
| Day's Range | 1.58 - 1.71 |
| 52-Week Range | 0.77 - 27.40 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 60.00 (+3,697.47%) |
| Earnings Date | Nov 14, 2023 |
About TNON
Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as stabilizes and transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquar... [Read more]
Financial Performance
In 2022, Tenon Medical's revenue was $691,000, an increase of 331.87% compared to the previous year's $160,000. Losses were -$18.92 million, 168.4% more than in 2021.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for TNON stock is "Strong Buy" and the 12-month stock price forecast is $60.0.
News
Tenon Medical, Inc. Announces Adjournment of Special Meeting of Stockholders
Meeting adjourned to Monday, January 8, 2024 at 1:30pm Pacific Time LOS GATOS, CA / ACCESSWIRE / December 22, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transformin...
Tenon Medical Announces Participation in Two Key Immersive Webinar Physician Training Programs Featuring the Company's Catamaran(R) SI Joint Fusion System
~ Training Programs Led by Dr. Matthew Davies from Duluth, MN and Included Simulated Catamaran Procedure ~ ~ Reached Approximately 60 Health Care Providers Between the Two Catamaran Training Sessions ...
Tenon Medical Announces Closing of $1.25 Million Secured Note Financing
~ Provides Additional Liquidity to Augment Commercialization of Tenon's SI Joint Fusion Devices ~ LOS GATOS, CA / ACCESSWIRE / November 21, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDA...
Tenon Medical Reports Third Quarter 2023 Financial Results
~ Revenue Increased 354% Year-Over-Year to $944,000 ~ ~ Gross Profit Margin of 57% an Increase of 31 Basis Points Sequentially ~ ~ Surgical Procedures Increased 329% in the Third Quarter ~ ~ Concluded...
Tenon Medical Passes FDA Level 2 Inspection
~ No Observations, No Objectionable Conditions and No Form 483 Issued ~ LOS GATOS, CA / ACCESSWIRE / November 3, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transfor...
Tenon Medical, Inc. Announces Timing of Third Quarter 2023 Financial Results
LOS GATOS, CA / ACCESSWIRE / November 2, 2023 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering with certain sacroiliac joint (SI Joint...
Tenon Medical Announces 1:10 Reverse Split
LOS GATOS, CA / ACCESSWIRE / November 1, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transforming care for patients suffering with certain sacroiliac joint disorders...
Tenon Medical(R) Announces Expanded Physician Use of New JIB Instrument Kit for Company's Catamaran(R) SI Joint Fusion System
Mark H. Stouffer, MD and team from Zion Surgery Center successfully perform multiple Catamaran cases with JIB Instrument Kit in St George, UT The JIB Kit is a next generation instrument set utilized t...
Tenon Medical Announces Withdrawal of Public Offering of Common Stock
LOS GATOS, CA / ACCESSWIRE / September 12, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transforming care for patients suffering with certain sacroiliac joint disorde...
Tenon Medical Announces Proposed Public Offering of Common Stock
Tenon Medical Announces Proposed Public Offering of Common Stock LOS GATOS, CA / ACCESSWIRE / September 8, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transforming c...
Tenon Medical Reports Second Quarter 2023 Financial Results
Surgical Procedures Increase 469% Revenue Increased 450% Year-Over-Year to $743,000 Achieved Positive Gross Profit LOS GATOS, CA / ACCESSWIRE / August 8, 2023 / Tenon Medical, Inc. (NASDAQ:TNON) ("Ten...
Tenon Medical, Inc. Announces Timing of Second Quarter 2023 Financial Results
LOS GATOS, CA / ACCESSWIRE / July 25, 2023 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering with certain sacroiliac disorders, today a...
Tenon Medical Announces Closing of $5.6 Million Public Offering
LOS GATOS, CA / ACCESSWIRE / June 16, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transforming care for patients suffering with certain sacroiliac joint disorders, t...
Tenon Medical Announces Pricing of $5.6 Million Public Offering
LOS GATOS, CA / ACCESSWIRE / June 14, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transforming care for patients suffering with certain sacroiliac joint disorders,to...
Tenon Medical, Inc. to Participate in the Virtual Benchmark Healthcare House Call Conference on May 23, 2023
Tenon Medical, Inc. to Participate in the Virtual Benchmark Healthcare House Call Conference on May 23, 2023 LOS GATOS, CA / ACCESSWIRE / May 17, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company"),...
Tenon Medical, Inc. Reports First Quarter 2023 Financial Results
~ Surgical Procedures Increase 489% for the Quarter ~ ~ First Quarter 2023 Revenue Increased 510% Year-Over-Year ~ ~ Significant Improvement in Gross Margin, Provides Gross Margin Guidance for 2Q 2023...
Tenon Medical, Inc. Announces Timing of First Quarter 2023 Financial Results
LOS GATOS, CA / ACCESSWIRE / April 25, 2023 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering with certain sacroiliac disorders, today ...
Tenon Medical, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results
~ Company Concludes First Year as Public Company, Surgical Procedures Increase 386% for the Quarter and 361% for the Full Year ~ ~ Fourth Quarter 2022 Revenue Increased 423% Year-Over-Year ~ ~ Full Ye...
Tenon Medical, Inc. Announces Timing of Fourth Quarter and Full Year 2022 Financial Results
Tenon Medical, Inc. Announces Timing of Fourth Quarter and Full Year 2022 Financial Results LOS GATOS, CA / ACCESSWIRE / March 1, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company"), a company trans...
Tenon Medical Announces Treatment of First Patient in Strategic Post Market Clinical Study with Company's Catamaran(TM) SI Joint Fusion System
Mark H. Stouffer, MD and team from Zion Surgery Center perform first case in St George, UT. This clinical study will assess patient pain scores, fusion as well as other patient reported outcomes out t...
Tenon Medical, Inc. Reports Third Quarter 2022 Financial Results
~ Revenue up 197% year-over-year ~ ~ Subsequent to Quarter End, National Launch of the Catamaran ™ SI Joint Fusion System at NASS ~ LOS GATOS, CA / ACCESSWIRE / November 10, 2022 / Tenon Medical, Inc....
Tenon Medical, Inc. Announces Participation in Upcoming Conferences
LOS GATOS, CA / ACCESSWIRE / November 2, 2022 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon Medical" or the "Company"), a company transforming care for patients suffering with certain sacroiliac disorde...
Tenon Medical's Catamaran(TM) SI Joint Fusion System Receives Institutional Review Board Approval for Two Strategic Post Market Studies
~ Feasibility and CT scan studies will assess patient pain scores, fusion as well as other patient reported outcomes out to 12 and 24 months ~ ~ Studies represent Tenon's continued commitment in valid...
Tenon Medical, Inc. Announces Participation in LD Micro Main Event XV Conference
Los Gatos, California--(Newsfile Corp. - October 14, 2022) - Tenon Medical, Inc. (NASDAQ: TNON) ("Tenon Medical" or the "Company"), a company transforming care for patients suffering with certain sacr...
Tenon Medical to Showcase Company's Catamaran(TM) SI Joint Fusion System at the 2022 North American Spine Society 37th Annual Meeting
~Company to launch Catamaran nationally at NASS with technical exhibit and interactive surgeon training sessions~ ~ Outcomes from a single center experience with the Catamaran to be presented at Innov...