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TENX

Tenax Therapeutics, Inc.

Price Chart
Latest Quote

$11.87

+0.54 (+4.77%)
Current Price
Previous Close $11.33
Open $11.26
Day High $11.96
Day Low $11.26
Volume 1,278,234
Fetched: 2026-06-18T11:05:59
Stock Information
Shares Outstanding 26.53M
Cash Equivalents $118.75M
Net Income $-57.91M
Sector Healthcare
Industry Biotechnology
Market Cap $318.30M
EPS (TTM) $-1.41
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$156.29M
Income$-57.91M
Book/sh$2.29
Cash/sh$4.48
Employees14
Financial Ratios
Quick Ratio13.99
Current Ratio14.52
Returns & Margins
ROA-32.74%
ROE-51.71%
Ownership
Insider Ownership0.12%
Institutional Ownership76.25%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-8.51
PEG1.44
P/B5.24
Analyst Data
Recommendationstrong_buy
Target Price$34.00
Technical Indicators
SMA20$11.41
SMA50$12.47
SMA200$11.05
RSI51.47
ATR0.7067
Shares Float10.61M
Short Float3.02%
Short Ratio1.36
Rel Volume2.50
Performance History
Week+11.84%
Month+4.58%
Quarter-19.52%
6 Months+7.53%
YTD+8.60%
Year+111.27%
3 Years-56.14%
5 Years-99.64%
10 Years-99.99%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $12.00 2,165,094
2026-06-17 $11.87 1,280,500
2026-06-16 $11.33 795,100
2026-06-15 $11.55 760,000
2026-06-12 $11.48 1,767,800
2026-06-11 $10.73 948,700
2026-06-10 $10.55 381,200
2026-06-09 $10.73 1,445,800
2026-06-08 $10.54 587,900
2026-06-05 $10.73 560,400
2026-06-04 $11.09 883,600
2026-06-03 $10.77 554,200
2026-06-02 $10.95 936,400
2026-06-01 $11.97 1,700,400
2026-05-29 $11.87 390,400
2026-05-28 $11.69 624,100
2026-05-27 $11.88 497,600
2026-05-26 $11.98 351,800
2026-05-22 $12.13 219,600
2026-05-21 $12.36 443,200
2026-05-20 $12.00 327,900
2026-05-19 $11.48 356,500
About Tenax Therapeutics, Inc.

Tenax Therapeutics, Inc., a development-stage pharmaceutical company, develops novel cardiopulmonary therapies in the United States. It develops TNX-101, TNX-102, and TNX-103 (levosimendan) that have completed phase II clinical trials for the treatment of patients with pulmonary hypertension in heart failure with preserved ejection fraction and associated pulmonary hypertension; and TNX-201 (imatinib), a tyrosine kinase inhibitor for the treatment of chronic myeloid leukemia. The company was formerly known as Oxygen Biotherapeutics, Inc. and changed its name to Tenax Therapeutics, Inc. in September 2014. Tenax Therapeutics, Inc. was founded in 1967 and is headquartered in Chapel Hill, North Carolina.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Total Revenue $0 $0 $0 $0
Operating Revenue $0 $0 $0 $0
Expenses
Interest Expense $0 $23,000 $24,000 $4,443
Total Expenses $56,385,000 $19,494,000 $8,234,000 $11,052,643
Other Income Expense $-33,000 $1,000 $63,000 $9,191
Other Non Operating Income Expenses $-33,000 $1,000 $63,000 $9,191
Net Non Operating Interest Income Expense $3,819,000 $1,891,000 $460,000 $-4,443
Interest Expense Non Operating $0 $23,000 $24,000 $4,443
Operating Expense $56,385,000 $19,494,000 $8,234,000 $11,052,643
General And Administrative Expense $23,713,000 $6,785,000 $5,005,000 $5,675,231
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Net Interest Income $3,819,000 $1,891,000 $460,000 $-4,443
Interest Income $3,819,000 $1,914,000 $484,000 -
Normalized Income $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Net Income From Continuing And Discontinued Operation $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Total Operating Income As Reported $-56,385,000 $-19,494,000 $-8,234,000 $-11,052,643
Net Income Common Stockholders $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Net Income $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Net Income Including Noncontrolling Interests $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Net Income Continuous Operations $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Pretax Income $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Interest Income Non Operating $3,819,000 $1,914,000 $484,000 -
Operating Income $-56,385,000 $-19,494,000 $-8,234,000 $-11,052,643
Per Share
Diluted EPS $-1.34 $-1.15 $-31.04 $-600.71
Basic EPS $-1.34 $-1.15 $-31.04 $-600.71
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-52,599,000 $-17,579,000 $-7,679,000 $-10,930,120
EBITDA (Bullshit earnings) $-52,599,000 $-17,579,000 $-7,679,000 $-10,930,120
EBIT $-52,599,000 $-17,579,000 $-7,687,000 $-11,043,452
Diluted Average Shares $39,217,244 $15,271,705 $248,447 $18,391
Basic Average Shares $39,217,244 $15,271,705 $248,447 $18,391
Diluted NI Availto Com Stockholders $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Research And Development $32,672,000 $12,709,000 $3,229,000 $5,377,412
Selling General And Administration $23,713,000 $6,785,000 $5,005,000 $5,675,231
Other Gand A $6,116,000 $3,689,000 $2,828,000 $3,304,869
Salaries And Wages $17,597,000 $3,096,000 $2,177,000 $2,370,362
Reconciled Depreciation - $0 $8,000 $113,332
Fetched: 2026-06-15
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $97,071,000 $91,993,000 $8,098,000 $1,492,741
Total Assets $104,227,000 $96,686,000 $11,685,000 $3,404,709
Total Non Current Assets $0 $0 $1,000 $196,244
Current Assets $104,227,000 $96,686,000 $11,684,000 $3,208,465
Other Current Assets $1,019,000 $64,000 $252,000 $345,856
Prepaid Assets $5,643,000 $1,771,000 $1,640,000 $738,927
Cash And Cash Equivalents $97,565,000 $94,851,000 $9,792,000 $2,123,682
Other Non Current Assets - - $1,000 $9,552
Cash Cash Equivalents And Short Term Investments - - $9,792,000 -
Debt
Total Debt - - $501,000 $807,891
Long Term Debt And Capital Lease Obligation - - $0 $64,196
Current Debt And Capital Lease Obligation - - $501,000 $743,695
Current Debt - - $501,000 $624,302
Other Current Borrowings - - - $624,302
Liabilities
Total Liabilities Net Minority Interest $7,156,000 $4,693,000 $3,587,000 $1,911,968
Total Non Current Liabilities Net Minority Interest $0 $0 $0 $64,196
Current Liabilities $7,156,000 $4,693,000 $3,587,000 $1,847,772
Payables And Accrued Expenses $6,258,000 $3,357,000 $2,310,000 $693,816
Payables $6,041,000 $3,157,000 $2,073,000 $448,425
Accounts Payable $6,041,000 $3,157,000 $2,073,000 $448,425
Current Notes Payable - $0 $501,000 $624,302
Other Current Liabilities - - $1,000 -
Equity
Common Stock Equity $97,071,000 $91,993,000 $8,098,000 $1,492,741
Total Equity Gross Minority Interest $97,071,000 $91,993,000 $8,098,000 $1,492,741
Stockholders Equity $97,071,000 $91,993,000 $8,098,000 $1,492,741
Retained Earnings $-367,454,000 $-314,855,000 $-297,253,000 $-289,542,080
Gains Losses Not Affecting Retained Earnings - - - -
Other
Ordinary Shares Number $9,314,130 $3,420,906 $298,281 $28,647
Share Issued $9,314,130 $3,420,906 $298,281 $28,647
Tangible Book Value $97,071,000 $91,993,000 $8,098,000 $1,492,741
Invested Capital $97,071,000 $91,993,000 $8,599,000 $2,117,043
Working Capital $97,071,000 $91,993,000 $8,097,000 $1,360,693
Total Capitalization $97,071,000 $91,993,000 $8,098,000 $1,492,741
Additional Paid In Capital $464,524,000 $406,848,000 $305,351,000 $291,034,818
Capital Stock $1,000 $0 $0 $3
Common Stock $1,000 $0 $0 $3
Preferred Stock $0 $0 $0 $0
Pensionand Other Post Retirement Benefit Plans Current $898,000 $1,336,000 $775,000 $410,261
Current Accrued Expenses $217,000 $200,000 $237,000 $245,391
Capital Lease Obligations - - $0 $183,589
Long Term Capital Lease Obligation - - $0 $64,196
Current Capital Lease Obligation - - $0 $119,393
Net PPE - - $0 $186,692
Gross PPE - - $0 $186,692
Other Properties - - - $186,692
Other Short Term Investments - - - -
Fetched: 2026-06-15
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-35,800,000 $-14,811,000 $-5,904,000 $-11,390,894
Operating Activities
Operating Cash Flow $-35,800,000 $-14,811,000 $-5,904,000 $-11,388,571
Cash Flow From Continuing Operating Activities $-35,800,000 $-14,811,000 $-5,904,000 $-11,388,571
Operating Gains Losses - - $1,000 $362,413
Investing Activities
Investing Cash Flow - $0 $3,000 $-2,323
Cash Flow From Continuing Investing Activities - $0 $3,000 $-2,323
Capital Expenditure - - - $-2,323
Financing Activities
Financing Cash Flow $38,514,000 $99,870,000 $13,569,000 $7,930,654
Cash Flow From Continuing Financing Activities $38,514,000 $99,870,000 $13,569,000 $7,930,654
Issuance Of Capital Stock - - - -
Net Common Stock Issuance - - - -
Common Stock Issuance - - - -
Other
Repayment Of Debt $0 $-501,000 $-624,000 $0
Interest Paid Supplemental Data $0 $23,000 $24,000 -
End Cash Position $97,565,000 $94,851,000 $9,792,000 $2,123,682
Beginning Cash Position $94,851,000 $9,792,000 $2,124,000 $5,583,922
Changes In Cash $2,714,000 $85,059,000 $7,668,000 $-3,460,240
Proceeds From Stock Option Exercised $38,514,000 $100,371,000 $14,193,000 $7,930,654
Net Issuance Payments Of Debt $0 $-501,000 $-624,000 $0
Net Short Term Debt Issuance $0 $-501,000 $-624,000 $0
Short Term Debt Payments $0 $-501,000 $-624,000 $0
Change In Working Capital $-2,364,000 $1,643,000 $1,583,000 $-820,864
Change In Payables And Accrued Expense $2,463,000 $1,585,000 $1,889,000 $-344,951
Change In Accrued Expense $-421,000 $523,000 $237,000 -
Change In Payable $2,884,000 $1,062,000 $1,652,000 -
Change In Account Payable $2,884,000 $1,062,000 $1,652,000 -
Change In Prepaid Assets $-4,827,000 $58,000 - -
Stock Based Compensation $19,163,000 $1,125,000 $191,000 -
Net Income From Continuing Operations $-52,599,000 $-17,602,000 $-7,711,000 $-11,047,895
Net PPE Purchase And Sale - $0 $3,000 $-2,323
Sale Of PPE - $0 $3,000 -
Change In Receivables - $58,000 $-306,000 $-356,520
Changes In Account Receivables - $58,000 $-306,000 $-356,520
Other Non Cash Items - $23,000 $24,000 $4,443
Depreciation Amortization Depletion - $0 $8,000 $113,332
Depreciation And Amortization - $0 $8,000 $113,332
Gain Loss On Sale Of PPE - $0 $1,000 $-2,901
Change In Other Current Liabilities - - $0 $-119,393
Depreciation - - $7,570 $113,332
Gain Loss On Investment Securities - - $190,850 $365,314
Issuance Of Debt - - - $624,302
Short Term Debt Issuance - - - $624,302
Net Investment Purchase And Sale - - - $0
Sale Of Investment - - - $0
Purchase Of Investment - - - $0
Purchase Of PPE - - - $-2,323
Amortization Of Securities - - - $0
Net Long Term Debt Issuance - - - -
Long Term Debt Issuance - - - -
Fetched: 2026-06-15