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Tenon Medical, Inc.

For the period ended Mar 31, 2026. Filed May 15, 2026.

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About this filing

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,
20262025
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 expense331872
Depreciation and amortization8842
Amortization of debt discount176—
Change in fair value of derivative liabilities45—
Amortization of operating right-of-use asset6565
Provision for credit losses on accounts receivable11—
Increase (decrease) in cash resulting from changes in:
Accounts receivable(282)(23)
Inventory24811
Prepaid expenses and other assets2220
Accounts payable(199)127
Accrued expenses7887
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 notes4,300—
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 activities3,8676,259
Net Increase in Cash and Cash Equivalents8513,776
Cash and Cash Equivalents at Beginning of Period3,7566,535
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
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.