Tenon Medical, Inc. (TNONW) company profile
Close on Oct 30, 2026Market cap $1.37MP/E –Yield –
About Tenon Medical
Surgical & Medical Instruments & Apparatus, SIC 3841
Tenon Medical, Inc. is a medical device company that develops surgical solutions for sacro-pelvic disorders, particularly conditions affecting the sacroiliac joint that cause lower back pain. Its primary product offerings include The Catamaran SI Joint Fusion System, which utilizes a single titanium implant through a less invasive approach, and The SImmetry + SI Joint Fusion System, a minimally invasive lateral access system designed to achieve biological fusion across the joint. The company's solutions target clinical procedures including primary sacroiliac joint fusions, revisions of failed implants, and fusions performed adjacent to spine fusion constructs. The company serves healthcare providers, including surgeons, clinicians, and hospitals treating adult sacroiliac joint pathology.
Operations are centered in the United States, which serves as the primary commercial focus for its surgical systems. Tenon Medical maintains its principal executive offices and headquarters in Los Gatos, California, after relocating from San Ramon, California.
Summary of the business section of Tenon Medical's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Tenon Medical, Inc.
- Founded
- 2012
- Headquarters
- Los Gatos, CA
- Address
- 104 Cooper Ct. 95032
- Phone
- (408) 649-5760
- Website
- tenonmed.com
- Employees
- 26, Dec 31, 2025
- Industry
- Surgical & Medical Instruments & Apparatus
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Haskell & White LLP, Irvine, California
Stock & identifiers
- Ticker
- TNONW
- Other tickers
- TNON
- Exchange
- Nasdaq
- IPO date
- Apr 27, 2022
- Shares outstanding
- 1M, Aug 13, 2026
- Public float
- $7.32M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- Stock splits
- 1-for-35 reverse, Aug 10, 2026; 1-for-8 reverse, Sep 6, 2024; 1-for-10 reverse, Nov 2, 2023
- SEC CIK
- 1560293
- CUSIP
- 88066N113
- ISIN
- US88066N1138
- FIGI
- BBG01H0DVMR0
- EIN
- 45-5574718
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Steven M. Foster | CEO and President, Director | 262,962 |
| Richard Ginn | Chief Technology Officer, Director | 167,357 |
| Kevin Williamson | Chief Financial Officer | 2,580 |
| Wyatt D. Geist | Chief Innovation Officer | 644,735 |
| Nathaniel A. Grawey | Chief Commercial Officer | 482,865 |
| Stephen Hochschuler | Director | 38,395 |
| Ivan Howard | Director | 85,112 |
| Kristine M. Jacques | Director | 20,876 |
| Richard Ferrari | Director | 293,375 |
| Robert K. Weigle | Director | 18,284 |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Total | vs. prior year |
|---|---|---|---|---|
| Steven M. Foster Chief Executive Officer | $400.00K | $321.33K | $721.33K | +96% |
| Kevin Williamson Chief Financial Officer | $315.00K | $134.49K | $449.49K | +263% |
| Richard Ginn Chief Technology Officer | $290.00K | $288.59K | $578.59K | +103% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Apr 27, 2022
- Offer price
- $5.00
- Securities offered
- 3,200,000
- Gross proceeds
- $16.00M
- Exchange
- Nasdaq
- First trading day
- Apr 27, 2022
- First-day close
- $22.50+350.0%
- Lock-up ends (est.)
- Oct 24, 2022
“Per Share Total Initial public offering price $ 5.00 $ 16,000,000 Underwriting discounts and commissions (1) $ 0.35 $ 1,120,000 Proceeds, before expenses, to us $ 4.65 $ 14,880,000 (1) Does not include a non-accountable expense allowance equal to 1% of the gross proceeds of this offering, payable to The Benchmark C”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“of March 27, 2026, we have a total of 26 employees, all of whom are full-time, and nine senior consulting advisors of various specialty”
Corporate history
Events identified from SEC filings