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Tenon Medical (TNON) investor relations material
Tenon Medical Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Registration Filing summary10 Dec, 2025
Company overview and business model
Medical device company focused on minimally invasive sacroiliac (SI) joint fusion solutions for lower back pain, with FDA-cleared Catamaran SI Joint Fusion System and recent acquisition of SImmetry SI Joint Fusion System assets.
Targets three commercial opportunities: primary SI joint procedures, revision of failed implants, and SI joint fusion adjunct to spine fusion.
National commercial launch of Catamaran System began in October 2022, emphasizing a single-implant, less invasive approach with proprietary features.
Acquired assets from SiVantage, Inc. and SIMPL Medical, LLC in August 2025 to expand product offerings and market reach.
Market opportunity and competitive landscape
Over 30 million American adults suffer from chronic lower back pain; 15–30% is associated with the SI joint.
Surgical penetration for SI joint pain remains low (5–7%) due to complexity and suboptimal existing solutions, presenting significant growth potential.
Catamaran System aims to address limitations of current treatments with a direct, visualized, single-implant approach and radiographic confirmation of fusion.
Financial performance and metrics
Raised approximately $2.85 million in gross proceeds from a private placement in November 2025.
Common stock listed on Nasdaq Capital Market under symbol "TNON"; closing price was $1.11 per share on December 8, 2025.
SI-Joint surgical market penetration strategy
Cumulative dilution from all outstanding securities?
Catamaran study completion impact on adoption?
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Next Tenon Medical earnings date
Q4 202510 Mar, 2026
Next Tenon Medical earnings date
Q4 202510 Mar, 2026
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Frequently asked questions
Tenon Medical Inc. is a medical device company focused on the development and provision of surgical implant systems designed to treat severe lower back pain in the United States and Puerto Rico. The company's flagship product, the CATAMARAN SI-Joint Fusion System, is engineered to fuse sacroiliac joints (SI-Joints) to address SI-Joint dysfunction, a common cause of severe lower back pain. This system features a fixation device that traverses the axial and sagittal planes of the ilium and sacrum, thereby stabilizing and transfixing the SI joints for improved patient outcomes. Founded in 2012, Tenon Medical has established itself in the healthcare sector, specifically within the medical devices industry, by innovating solutions aimed at improving the quality of life for patients suffering from back pain due to SI-Joint dysfunction. The company is headquartered in Los Gatos, California, and its shares are listed on the Nasdaq.
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