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Tenon Medical, Inc.

corporate_fare Company Profile

Tenon Medical, Inc.

TNON·NASDAQ·Industrial Applications And Services·CIK 0001560293

Tenon Medical, Inc. is a medical device company focused on improving care for patients with specific sacro-pelvic disorders. Incorporated in Delaware on June 19, 2012, the company was headquartered in San Ramon, California until June 2021, when it moved to Los Gatos, California. Tenon Medical currently provides two systems for treating a diseased sacroiliac joint (SI Joint). The Catamaran®™ SI Joint Fusion System, which received U.S. Food and Drug Administration (FDA) clearance in 2018, offers a less invasive approach to the SI Joint using a single, robust, titanium implant for common SI Joint disorders causing lower back pain. Since its national launch in October 2022, the company has concentrated on the US market and three commercial opportunities: primary SI Joint procedures, revision procedures for failed SI Joint implants, and SI Joint fusion as an adjunct to a spine fusion construct. In August 2025, Tenon Medical acquired substantially all assets of SiVantage, Inc. and SIMPL Medical, LLC, including The SImmetry +® SI Joint Fusion System. This system treats SI Joint disorders through a minimally invasive lateral access solution, incorporating orthopedic fusion principles such as joint decortication, bone graft placement, and rigid fixation to achieve biological fusion across the SI Joint.

Tenon Medical, Inc. (NASDAQ:TNON) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 42 items for TNON at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-09, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 10 rated 8 or above. Recent SEC coverage for TNON spans 8-K, 424B3, S-3/A, 4.

Recent high-impact activity:

  • Tenon Medical Retires $5.16M Convertible Notes Early, Removing Dilution Overhang
  • Tenon Medical Registers 1.84M Resale Shares After $3M Private Placement to Armistice Capital
  • Tenon Medical Registers 1.84M Shares for Resale, Including Armistice Capital's 1.66M-Share Position
  • 10% Owner HRT Financial Buys $102K of Tenon Medical Stock
  • Tenon Medical Closes $3M Private Placement with Warrants, Cancels Prior Warrants

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
3.94M
Net Income
-12.56M
Diluted EPS
-1.70
Op. Cash Flow
-10.74M
Free Cash Flow
-11.02M
Gross Profit
2.36M
Operating Income
-12.79M
Cash & Equivalents
3.76M
Debt / Equity
0.00×
Net Margin
-318.4%
Shares Outstanding
10.85M sh
Source: 10-K · filed 2026-03-27 · accession 0001213900-26-035707

Dilution Risk

High risk

Filing-implied dilution signals for TNON, detected from its recent SEC filings · based on capital-structure filings through 2026-09-09.

2 recent capital raisesATM program3 shelf registrations

Finalized Public Offering · Significant Dilution

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$5.44 -0.49% today
52-week range · as of 2026-09-09 $3.18 – $50.4
Market cap
$6.12M
Volume
108.6M (10.1× avg)
3-mo avg 10.8M
Live data · 2026-09-13 04:45 UTC · Market closed

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feed TNON - Latest Insights

TNON
Sep 09, 2026, 8:45 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.21
Real-time Price: $5.44 info
Change: +$1.23 (+29%) info
Market Cap: $6.123M info
TNON
Sep 04, 2026, 5:38 PM EDT
Filing Type: 424B3
Importance Score:
7
Price at Filing: $3.53
Real-time Price: $5.44 info
Change: +$1.91 (+54%) info
Market Cap: $6.123M info
TNON
Sep 02, 2026, 4:43 PM EDT
Filing Type: S-3/A
Importance Score:
7
Price at Filing: $4.47
Real-time Price: $5.44 info
Change: +$0.970 (+22%) info
Market Cap: $6.123M info
TNON
Sep 01, 2026, 4:46 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $4.46
Real-time Price: $5.44 info
Change: +$0.980 (+22%) info
Market Cap: $6.123M info
TNON
Aug 31, 2026, 3:40 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.62
Real-time Price: $5.44 info
Change: +$0.8198 (+18%) info
Market Cap: $6.123M info
TNON
Aug 28, 2026, 9:00 AM EDT
Source: PR Newswire
Importance Score:
7
Price at Filing: $5.72
Real-time Price: $5.44 info
Change: -$0.2789 (-5%) info
Market Cap: $6.123M info
TNON
Aug 24, 2026, 1:23 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.49
Real-time Price: $5.44 info
Change: -$1.05 (-16%) info
Market Cap: $6.123M info
TNON
Aug 14, 2026, 8:57 PM EDT
Filing Type: S-3/A
Importance Score:
8
Price at Filing: $5.35
Real-time Price: $5.44 info
Change: +$0.0922 (+2%) info
Market Cap: $6.123M info
TNON
Aug 13, 2026, 5:20 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $5.76
Real-time Price: $5.44 info
Change: -$0.322 (-6%) info
Market Cap: $6.123M info
TNON
Aug 13, 2026, 4:25 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $5.75
Real-time Price: $5.44 info
Change: -$0.312 (-5%) info
Market Cap: $6.123M info
TNON
Aug 11, 2026, 6:17 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $6.00
Real-time Price: $5.44 info
Change: -$0.560 (-9%) info
Market Cap: $6.123M info
TNON
Aug 11, 2026, 5:30 PM EDT
Filing Type: S-3
Importance Score:
8
Price at Filing: $6.14
Real-time Price: $5.44 info
Change: -$0.700 (-11%) info
Market Cap: $6.123M info
TNON
Aug 10, 2026, 5:26 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $5.88
Real-time Price: $5.44 info
Change: Reverse Stock Split info
Market Cap: $6.123M info
TNON
Jul 24, 2026, 4:45 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.1898
Real-time Price: $5.44 info
Change: Reverse Stock Split info
Market Cap: $6.123M info
TNON
Jul 20, 2026, 8:23 AM EDT
Source: SEC EDGAR
Importance Score:
7
Price at Filing: $0.2082
Real-time Price: $5.44 info
Change: Reverse Stock Split info
Market Cap: $6.123M info
TNON
Jul 20, 2026, 8:15 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.2032
Real-time Price: $5.44 info
Change: Reverse Stock Split info
Market Cap: $6.123M info
TNON
Jul 10, 2026, 5:23 PM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $0.2224
Real-time Price: $5.44 info
Change: Reverse Stock Split info
Market Cap: $6.123M info
TNON
Jul 10, 2026, 5:19 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.2224
Real-time Price: $5.44 info
Change: Reverse Stock Split info
Market Cap: $6.123M info
TNON
Jul 02, 2026, 4:13 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $0.286
Real-time Price: $5.44 info
Change: Reverse Stock Split info
Market Cap: $6.123M info
TNON
Jul 02, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.2829
Real-time Price: $5.44 info
Change: Reverse Stock Split info
Market Cap: $6.123M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets