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TNONW
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Tenon Medical, Inc. Warrant (TNONW)

Upturn stock ratingUpturn stock rating
$0.02
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
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Upturn Advisory Summary

08/14/2025: TNONW (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit -44.44%
Avg. Invested days 7
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 0.01 - 0.09
Updated Date 02/26/2025
52 Weeks Range 0.01 - 0.09
Updated Date 02/26/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating -
Shares Outstanding -
Shares Floating -
Percent Insiders -
Percent Institutions -

ai summary icon Upturn AI SWOT

Tenon Medical, Inc. Warrant

stock logo

Company Overview

overview logo History and Background

Tenon Medical, Inc. is a medical device company focused on transforming spine surgery with minimally invasive solutions for the treatment of the Sacroiliac Joint (SI Joint). Founded in 2012, they've focused on SI joint fusion.

business area logo Core Business Areas

  • SI Joint Fusion: Development, manufacturing, and commercialization of minimally invasive surgical solutions for SI joint fusion. This includes their CATAMARAN SI Joint Fusion System.

leadership logo Leadership and Structure

The leadership team consists of the CEO, CFO, and other key executives overseeing various departments such as sales, marketing, R&D, and operations. The organizational structure is typical for a medical device company, with departments focused on product development, manufacturing, sales, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • CATAMARAN SI Joint Fusion System: Tenon Medical's flagship product, designed for minimally invasive SI joint fusion. Market share is still developing. Competitors include SI-BONE (SIBN), Medtronic (MDT), and RTI Surgical (RTIX).

Market Dynamics

industry overview logo Industry Overview

The spinal implant and SI joint fusion market is growing, driven by an aging population, increasing prevalence of back pain, and advancements in minimally invasive surgical techniques.

Positioning

Tenon Medical aims to be a leader in minimally invasive SI joint fusion with its proprietary CATAMARAN system. Their competitive advantage lies in the potential for reduced recovery time and improved patient outcomes.

Total Addressable Market (TAM)

The estimated TAM for SI joint fusion is in the hundreds of millions of dollars annually. Tenon is positioned to capture a portion of this market through adoption of its CATAMARAN system.

Upturn SWOT Analysis

Strengths

  • Proprietary CATAMARAN SI Joint Fusion System
  • Minimally invasive approach
  • Focus on SI joint fusion
  • Strong intellectual property portfolio

Weaknesses

  • Limited commercial history
  • Reliance on a single product
  • Small market share compared to larger competitors
  • Need for more clinical data

Opportunities

  • Growing demand for minimally invasive spine surgery
  • Expanding indications for SI joint fusion
  • Potential for partnerships with larger medical device companies
  • International market expansion

Threats

  • Competition from established players
  • Reimbursement challenges
  • Regulatory hurdles
  • Potential for product liability claims

Competitors and Market Share

competitor logo Key Competitors

  • SIBN
  • MDT
  • RTI Surgical (RTIX)

Competitive Landscape

Tenon Medical is a smaller player in a competitive market dominated by larger companies. Their advantage lies in their specialized focus on SI joint fusion and their proprietary technology. Their disadvantage is their smaller scale and limited resources.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is recent as the company continues to commercialize their product, showing an increase in product adoption and revenue.

Future Projections: Future growth depends on continued adoption of the CATAMARAN system and expansion into new markets. Analyst estimates predict significant revenue growth, but profitability remains uncertain.

Recent Initiatives: Recent initiatives include expanding the sales team, conducting clinical studies, and securing regulatory approvals.

Summary

Tenon Medical is a medical device company with a promising technology in the growing SI joint fusion market. While the company faces stiff competition and is not yet profitable, it has strong revenue growth and a focused approach. Key to success is further market penetration, clinical data validation, and efficient scaling. They need to watch out for cash burn rates and competition.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Market Research Reports
  • Analyst Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. The information provided is based on publicly available data and analyst estimates, which are subject to change. Past performance is not indicative of future results. Investing in warrants carries significant risk, including the potential for complete loss of investment.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Tenon Medical, Inc. Warrant

Exchange NASDAQ
Headquaters -
IPO Launch date 2023-06-15
CEO -
Sector Healthcare
Industry Medical Devices
Full time employees 22
Website
Full time employees 22
Website

Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as stabilizes and transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.