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TENAX THERAPEUTICS, INC.

For the period ended Dec 31, 2025. Filed Mar 10, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 10, 2026

TENX$1.78+5.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

CONSOLIDATED STATEMENTS OF OPERATIONS

(Amounts in thousands, except share and per share data)

For the Year Ended December 31,
20252024
Operating expenses
Research and development$32,672$12,709
General and administrative23,7136,785
Total operating expenses56,38519,494
Net operating loss(56,385)(19,494)
Interest income3,8191,914
Interest expense-(23)
Other (expense) income, net(33)1
Net loss$(52,599)$(17,602)
Net loss per share, basic and diluted$(1.34)$(1.15)
Weighted average number of common shares and prefunded warrants outstanding, basic and diluted39,217,24415,271,705
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.