TNON

Tenon Medical Inc
NASDAQHEALTHCAREMEDICAL DEVICES

Key Statistics

Market Cap
$7.82M
P/E Ratio
—
EPS
$-44.86
Beta
1.36
52W High
$50.40
52W Low
$2.40
50-Day MA
$4.53
200-Day MA
$18.84
Dividend Yield
—
Profit Margin
-257.90%
Forward P/E
—
PEG Ratio
—

About Tenon Medical Inc

Tenon Medical, Inc., a medical device company, develops surgical implant systems to optimize sacroiliac joint fixation/fusion surgery and outcomes. The company is headquartered in Los Gatos, California.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$5.31M
Gross Profit (TTM)$3.55M
EBITDA$-11.80M
Operating Margin-262.20%
Return on Equity-551.00%
Return on Assets-72.00%
Revenue/Share (TTM)$18.10
Book Value$-14.57
Price-to-Book4.02
Price-to-Sales (TTM)1.47
EV/Revenue1.742
EV/EBITDA-0.13
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)126.80%
Shares Outstanding$2.69M
Float613,870
% Insiders2.25%
% Institutions1.72%

Historical Volatility

HV 10-Day
43.53%
HV 20-Day
42.16%
HV 30-Day
57.06%
HV 60-Day
52.93%
HV Rank
43.7%

Volatility is currently contracting

Latest News

Tenon Medical(R) Adds Eight New Patents Issued by the United States Patent and Trademark Office Through Q3 2026

~Newly issued patents continue to solidify the company's position as an innovator in the rapidly growing sacro-pelvic fusion market~ ~Portfolio now includes 38 issued U.S. patents and 9 international patents, with 31 applications pending~ ~Company anticipates continued additions to its IP portfolio along with several product launches in the coming quarters~ LOS GATOS, CA / ACCESS Newswire / October 15, 2026 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients suffering from certain sacro-pelvic disorders, today announced that the U.S. Patent and Trademark Office (USPTO) has issued 8 new patents to the Company so far in 2026 fiscal year. With these additions, Tenon holds 38 issued U.S. patents and 9 international patents and has 31 U.S. and foreign patent applications pending.

Accesswire10/15/2026Neutral
Tenon(R) Medical Announces Full Commercial Launch of the SImmetry(R)+ SI Joint Fusion 3D Printed Lateral Screw Following Successful Alpha Launch

~ SImmetry+ System generated approximately $1.2 million in incremental revenue during limited launch period ~ ~ Company plans to support anticipated demand for the SImmetry+ System by expanding its instrument set inventory as needed ~ ~ New SImmetry+ 3D printed screw is the first component of a next-generation lateral SI joint fusion system, and the first of several Company product launches expected in the coming quarters ~ LOS GATOS, CA / ACCESS Newswire / September 30, 2026 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company redefining care for patients with sacro-pelvic disorders, today announced the full commercial launch of its new titanium 3D- printed lateral screw as part of the SImmetry+ SI Joint Fusion System following the successful completion of the implant's Alpha launch. The limited Alpha launch, involving existing SImmetry users and new physicians, generated approximately $1.2 million (1) in incremental revenue for a period beginning in late Q4 2025 through Q3 2026.

Accesswire9/30/2026Neutral
WallachBeth Capital Announces Closing of Tenon Medical Warrant Inducement Offering for Aggregate Gross Proceeds of Approximately $2,872,338

JERSEY CITY, N.J., Sept. 14, 2026 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that Tenon Medical, Inc. (NASDAQ: TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders has closed its previously announced warrant inducement agreement with an institutional investor to exercise outstanding warrants to purchase an aggregate of 572,179 of the Company's shares of common stock (the "Existing Warrants").

PRNewsWire9/14/2026Neutral
Tenon Medical Announces Closing of Warrant Inducement Offering for Aggregate Gross Proceeds of Approximately $2,872,338

LOS GATOS, CA / ACCESS Newswire / September 14, 2026 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders, announced today it has closed its previously announced warrant inducement agreement with an institutional investor to exercise outstanding warrants to purchase an aggregate of 572,179 of the Company's shares of common stock (the "Existing Warrants"). In consideration for the immediate exercise in full of the Existing Warrants for gross cash proceeds of $2,872,338.58, the exercising holder received new unregistered warrants (the "New Warrants") to purchase up to an aggregate of 858,269 shares of common stock (equal to 150% of the shares of common stock issued in connection with the exercise of the Existing Warrants) with an exercise price of $5.02 per share.

Accesswire9/14/2026Neutral
WallachBeth Capital Announces Tenon Medical Warrant Inducement for Gross Proceeds of Approximately $2,872,338

JERSEY CITY, N.J., Sept. 11, 2026 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders has entered into warrant exercise agreements with an institutional investor to exercise outstanding warrants to purchase an aggregate of 572,179 of the Company's shares of common stock (the "Existing Warrants").

PRNewsWire9/11/2026Neutral
Tenon Medical Announces Warrant Inducement for Aggregate Gross Proceeds of Approximately $2,872,338

LOS GATOS, CA / ACCESS Newswire / September 11, 2026 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders announced today it has entered into warrant exercise agreements with an institutional investor to exercise outstanding warrants to purchase an aggregate of 572,179 of the Company's shares of common stock (the "Existing Warrants"). In consideration for the immediate exercise in full of the Existing Warrants for gross cash proceeds of $2,872,338.58, the exercising holders will receive in a private placement new unregistered warrants (the "New Warrants") to purchase up to an aggregate of 858,269 shares of common stock (equal to 150% of the shares of common stock issued in connection with the exercise of the Existing Warrants) with an exercise price of $5.02 per share.

Accesswire9/11/2026Neutral
Tenon Medical Announces Early Repayment of Its Convertible Notes

~ Company Takes Proactive Step to Strengthen Balance Sheet and Maintain Flexibility to Execute on Continued Business Momentum ~ LOS GATOS, CA / ACCESS Newswire / September 9, 2026 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders, today announced that it has repaid in full its outstanding original issue discount senior convertible promissory notes (the "Notes"), which were issued with an aggregate principal balance of approximately $5.16 million, ahead of their September 11, 2026 maturity date. The Notes were issued on March 11, 2026.

Accesswire9/9/2026Neutral
WallachBeth Capital Announces Closing of Tenon Medical

$3M Private Placement Offering JERSEY CITY, N.J., Aug. 31, 2026 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that Tenon Medical, Inc. (NASDAQ: TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders closed its previously announced private placement pursuant to securities purchase agreement with an institutional investor to sell 597,610 shares of common stock (or pre-funded warrants in lieu thereof), together with a warrant to purchase up to an aggregate 1,058,517 shares of common stock, in a private placement offering.

PRNewsWire8/31/2026Neutral
Tenon Medical Announces Closing of $3M Private Placement Offering

LOS GATOS, CA / ACCESS Newswire / August 31, 2026 / Tenon Medical, Inc. (Nasdaq:TNON), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders, has closed its previously announced private placement pursuant to securities purchase agreement with an institutional investor to sell 597,610 shares of common stock (or pre-funded warrants in lieu thereof), together with a warrant to purchase up to an aggregate 1,058,517 shares of common stock, in a private placement offering. The combined effective offering price for each share of common stock and accompanying warrants to be issued is $5.02.

Accesswire8/31/2026Neutral
WallachBeth Capital Announces Tenon Medical Pricing of $3M Private Placement Offering

JERSEY CITY, N.J., Aug. 28, 2026 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced that on August 27, 2026, Tenon Medical, Inc. (Nasdaq: TNON), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders has entered into a securities purchase agreement with an institutional investor to sell 597,610 shares of common stock (or pre-funded warrants in lieu thereof), together with a warrant to purchase up to an aggregate 1,058,517 shares of common stock, in a private placement offering.

PRNewsWire8/28/2026Neutral

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Data last updated: 10/17/2026