Tenon Medical, Inc.
General ticker "TNON" information:
- Sector: Health Care
- Industry: Medical - Devices
- Capitalization: $480.9K (TTM average)
Tenon Medical, Inc. does not follow the US Stock Market performance with the rate: -4.9%.
Estimated limits based on current volatility of 2.0%: low 0.95$, high 0.99$
Factors to consider:
- Total employees count: 21 (-4.5%) as of 2023
- Top business risk factors: Operational and conduct risks, Market competition, Third-party risks, Reputation and brand risks, Labor/talent shortage/retention
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.11$, 4.11$]
- 2025-12-31 to 2026-12-31 estimated range: [0.93$, 3.34$]
Financial Metrics affecting the TNON estimates:
- Positive: with PPE of -0.1 at the end of fiscal year the price was neutral
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -444.09 <= 0.04
- Negative: negative Net income
- Negative: negative Industry operating cash flow (median)
- Positive: 42.53 < Shareholder equity ratio, % of 60.66 <= 64.17
- Positive: Inventory ratio change, % of -0.30 <= 0
- Positive: Industry inventory ratio change (median), % of -1.22 <= -0.18
Short-term TNON quotes
Long-term TNON plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $0.69MM | $2.93MM | $3.28MM |
| Operating Expenses | $19.42MM | $18.66MM | $17.04MM |
| Operating Income | $-18.73MM | $-15.73MM | $-13.77MM |
| Non-Operating Income | $-0.21MM | $0.15MM | $0.09MM |
| Interest Expense | $0.35MM | $0.02MM | $0.03MM |
| R&D Expense | $2.83MM | $3.16MM | $2.60MM |
| Income(Loss) | $-18.93MM | $-15.58MM | $-13.67MM |
| Profit(Loss)* | $-18.92MM | $-15.58MM | $-13.67MM |
| Stockholders Equity | $6.25MM | $0.78MM | $5.97MM |
| Inventory | $0.41MM | $0.55MM | $0.61MM |
| Assets | $11.09MM | $6.34MM | $9.84MM |
| Operating Cash Flow | $-12.03MM | $-12.18MM | $-9.88MM |
| Capital expenditure | $0.85MM | $0.36MM | $0.19MM |
| Investing Cash Flow | $-2.88MM | $6.14MM | $-0.19MM |
| Financing Cash Flow | $14.11MM | $6.30MM | $14.12MM |
| Earnings Per Share** | $-187.30 | $-68.64 | $-11.26 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.