Tenon Medical Inc
For the period ended Jun 30, 2024. Filed Aug 13, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 13, 2024
TNON$1.74-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
(In thousands, except per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $901 | $743 | $1,620 | $1,176 |
| Cost of sales | 431 | 549 | 680 | 1,029 |
| Gross Profit | 470 | 194 | 940 | 147 |
| Operating Expenses | ||||
| Research and development | 708 | 901 | 1,377 | 1,735 |
| Sales and marketing | 1,448 | 1,883 | 2,829 | 3,909 |
| General and administrative | 2,186 | 1,732 | 4,112 | 3,711 |
| Total Operating Expenses | 4,342 | 4,516 | 8,318 | 9,355 |
| Loss from Operations | (3,872) | (4,322) | (7,378) | (9,208) |
| Other Income (Expense) | ||||
| Gain on investments | 39 | 37 | 66 | 93 |
| Interest expense | — | — | (34) | — |
| Other income (expense), net | 7 | — | (56) | — |
| Total Other Income (Expense), net | 46 | 37 | (24) | 93 |
| Net Loss | $(3,826) | $(4,285) | $(7,402) | $(9,115) |
| Net Loss Per Share of Common Stock | ||||
| Basic and diluted | $(1.02) | $(3.28) | $(2.24) | $(7.50) |
| Weighted-Average Shares of Common Stock Outstanding | ||||
| Basic and diluted | 3,749 | 1,305 | 3,301 | 1,215 |
| Consolidated Statements of Comprehensive Loss: | ||||
| Net loss | $(3,826) | $(4,285) | $(7,402) | $(9,115) |
| Unrealized gain on investments | — | 3 | — | 16 |
| Foreign currency translation adjustment | — | 13 | 46 | 12 |
| Total comprehensive loss | $(3,826) | $(4,269) | $(7,356) | $(9,087) |
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