Tenon Medical, Inc.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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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.
Mar 31, 2026 · Filed May 15, 2026
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 Statements of Cash Flows
Condensed Statements of Cash Flows (Unaudited)
(In thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows from Operating Activities | ||
| Net loss | $(3,476) | $(3,616) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation expense | 331 | 872 |
| Depreciation and amortization | 88 | 42 |
| Amortization of debt discount | 176 | — |
| Change in fair value of derivative liabilities | 45 | — |
| Amortization of operating right-of-use asset | 65 | 65 |
| Provision for credit losses on accounts receivable | 11 | — |
| Increase (decrease) in cash resulting from changes in: | ||
| Accounts receivable | (282) | (23) |
| Inventory | 248 | 11 |
| Prepaid expenses and other assets | 22 | 20 |
| Accounts payable | (199) | 127 |
| Accrued expenses | 78 | 87 |
| Operating lease liability | (67) | (68) |
| Net cash used in operating activities | (2,960) | (2,483) |
| Cash Flows from Investing Activities | ||
| Purchases of property and equipment | (56) | — |
| Cash used in investing activities | (56) | — |
| Cash Flows from Financing Activities | ||
| Gross proceeds from issuance of convertible notes | 4,300 | — |
| Gross proceeds from issuance of common stock, prefunded warrants and warrants | — | 4,010 |
| Gross proceeds from issuance of common stock, prefunded warrants and warrants under inducement agreement | — | 3,057 |
| Offering costs | (433) | (808) |
| Net cash provided by financing activities | 3,867 | 6,259 |
| Net Increase in Cash and Cash Equivalents | 851 | 3,776 |
| Cash and Cash Equivalents at Beginning of Period | 3,756 | 6,535 |
| Cash and Cash Equivalents at End of Period | $4,607 | $10,311 |
| Supplemental Disclosures of Cash Flow Information | ||
| Non-cash investing and financing activities: | ||
| Remeasurement of right-of-use asset and lease liability | $1,323 | — |
| Warrant modification costs | $— | 5,133 |
| Reclassification of deferred offering costs to additional paid-in capital | $— | 110 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.