TNON · Tenon Medical, Inc.
Tenon Medical, Inc., a medical device company, engages in the development of implant for the treatment of severe lower back pain in the United States. The company offers Catamaran SI-Joint Fusion System, an invasive inferior-posterior approach to the sacroiliac joint (SI Joint) using a titanium implant for treatment of the most common types of SI Joint disorders that cause lower back pain. It also provides Catamaran Fixation Device which passes through both the axial and sagittal planes of the ilium and sacrum, transfixing the SI Joint along its longitudinal axis. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $5.53 |
| SO | 0.7M |
| Options | 0.0M |
| Warrants | 20.0M |
| FD SO | 20.7M |
| MC | $114.4M |
| Cash | $1.7M |
| Total debt | $4.3M |
| EV | $117.0M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 22.0x |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 4.4% |
| Insiders | 5.9% |
| # Institutions | 17 |
| Analysts | 2 |
| Consensus | — |
| Avg target | $44.38 |
| Short % float | 20.7% |
| Days to cover | 0.04 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-08-13. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-09-14 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-08-31; the float denominator can be unreliable on tiny floats.
Financial statements
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Total Revenue | 1.28 | 1.38 | 1.48 | 1.17 |
| Revenue YoY % | 126.8% | 89.9% | 92.3% | 32.2% |
| Cost of Revenue | 0.47 | 0.43 | 0.46 | 0.40 |
| Gross Profit | 0.81 | 0.94 | 1.02 | 0.77 |
| Gross Profit YoY % | 232.2% | 192.6% | 188.1% | 84.9% |
| Gross Margin % | 63.6% | 68.5% | 68.7% | 65.9% |
| SG&A | 3.40 | 3.56 | 3.36 | 3.74 |
| R&D | 0.77 | 0.66 | 0.53 | 0.43 |
| Operating Expense | 4.17 | 4.22 | 3.88 | 4.17 |
| Operating Income | (3.35) | (3.28) | (2.87) | (3.39) |
| Operating Income YoY % | (17.4%) | 10.8% | 9.7% | (5.5%) |
| Operating Margin % | (262.2%) | (237.9%) | (193.5%) | (289.2%) |
| EBITDA | (3.29) | (3.19) | (2.77) | (3.31) |
| EBITDA Margin % | (257.5%) | (231.5%) | (187.1%) | (282.6%) |
| Interest Expense | 0.85 | 0.18 | — | — |
| Pretax Income | (4.05) | (3.48) | (2.83) | (3.34) |
| Net Income | (4.05) | (3.48) | (2.83) | (3.34) |
| Net Margin % | (316.7%) | (252.1%) | (191.2%) | (284.7%) |
| Diluted EPS | -$12.35 | -$0.31 | -$0.22 | -$0.40 |
| Basic EPS | -$12.35 | -$0.31 | -$0.22 | -$0.40 |
| Diluted Avg Shares | 0.3 | 11.3 | — | 8.2 |
| Basic Avg Shares | 0.3 | 11.3 | — | 8.2 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 5.31 | 3.94 | 3.28 | 2.93 | 0.69 |
| Revenue YoY % | 34.7% | 20.4% | 11.9% | 323.7% | — |
| Cost of Revenue | 1.76 | 1.59 | 1.57 | 1.69 | 1.33 |
| Gross Profit | 3.55 | 2.36 | 1.71 | 1.24 | (0.64) |
| Gross Profit YoY % | 50.5% | 37.8% | 37.9% | 293.6% | — |
| Gross Margin % | 66.8% | 59.8% | 52.2% | 42.4% | (92.8%) |
| SG&A | 14.06 | 13.00 | 12.87 | 13.80 | 15.26 |
| R&D | 2.38 | 2.15 | 2.60 | 3.16 | 2.83 |
| Operating Expense | 16.44 | 15.15 | 15.48 | 16.97 | 18.08 |
| Operating Income | (12.89) | (12.79) | (13.77) | (15.73) | (18.73) |
| Operating Income YoY % | (0.8%) | 7.1% | 12.5% | 16.0% | — |
| Operating Margin % | (242.7%) | (324.3%) | (420.1%) | (537.1%) | (2709.8%) |
| EBITDA | (12.57) | (12.53) | (13.36) | (15.53) | (18.65) |
| EBITDA Margin % | (236.7%) | (317.7%) | (407.6%) | (530.3%) | (2698.6%) |
| Interest Expense | — | — | 0.03 | 0.02 | 0.35 |
| Other Income / (Expense) | (0.81) | — | — | — | — |
| Pretax Income | (13.70) | (12.56) | (13.67) | (15.58) | (18.92) |
| Net Income | (13.70) | (12.56) | (13.67) | (15.58) | (18.92) |
| Net Margin % | (257.9%) | (318.4%) | (417.2%) | (532.1%) | (2737.6%) |
| Diluted EPS | -$13.28 | -$1.70 | -$11.26 | -$8.59 | -$2.36 |
| Basic EPS | -$13.28 | -$1.70 | -$11.26 | -$8.59 | -$2.36 |
| Diluted Avg Shares | 0.3 | 7.4 | 1.2 | 1.8 | 8.0 |
| Basic Avg Shares | 0.3 | 7.4 | 1.2 | 1.8 | 8.0 |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 1.68 | 4.61 | 3.76 | 3.44 |
| Receivables | 1.95 | 1.97 | 1.70 | 1.31 |
| Inventory | 0.78 | 0.81 | 1.05 | 1.36 |
| Total Current Assets | 4.81 | 7.62 | 6.77 | 6.54 |
| Net PPE | 0.77 | 0.90 | 0.92 | 0.66 |
| Operating Lease ROU | 1.43 | 1.39 | 0.13 | 0.20 |
| Goodwill | 2.41 | 2.41 | 2.41 | 2.41 |
| Intangible Assets | 0.46 | 0.47 | 0.48 | 0.50 |
| Total Assets | 9.92 | 12.84 | 10.76 | 10.37 |
| Accounts Payable | 0.63 | 0.65 | 0.84 | 0.62 |
| Current Lease Liabilities | 0.21 | 0.21 | 0.14 | 0.22 |
| Other Current Liabilities | 7.46 | 6.55 | 2.23 | 2.20 |
| Total Current Liabilities | 8.30 | 7.41 | 3.21 | 3.04 |
| Long-term Lease Liabilities | 1.13 | 1.19 | — | — |
| Other Liabilities | 2.23 | 2.35 | 2.51 | 2.53 |
| Total Liabilities | 11.66 | 10.94 | 5.72 | 5.57 |
| Retained Earnings | (88.83) | (84.78) | (81.30) | (78.47) |
| Total Equity | (1.74) | 1.90 | 5.04 | 4.80 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 1.68 | 3.76 | 6.54 | 2.43 | 2.13 |
| Short-term Investments | — | — | — | — | 6.44 |
| Receivables | 1.95 | 1.70 | 0.86 | 0.52 | 0.23 |
| Inventory | 0.78 | 1.05 | 0.61 | 0.55 | 0.41 |
| Total Current Assets | 4.81 | 6.77 | 8.21 | 3.89 | 9.35 |
| Net PPE | 0.77 | 0.92 | 0.75 | 0.96 | 0.79 |
| Operating Lease ROU | 1.43 | 0.13 | 0.40 | 0.65 | 0.87 |
| Goodwill | 2.41 | 2.41 | — | — | — |
| Intangible Assets | 0.46 | 0.48 | — | — | — |
| Other Assets | — | — | — | 0.85 | — |
| Total Assets | 9.92 | 10.76 | 9.84 | 6.34 | 11.09 |
| Accounts Payable | 0.63 | 0.84 | 0.37 | 0.43 | 0.55 |
| Current Lease Liabilities | 0.21 | 0.14 | 0.29 | 0.26 | 0.23 |
| Other Current Liabilities | 7.46 | 2.23 | 1.21 | 2.45 | 1.75 |
| Total Current Liabilities | 8.30 | 3.21 | 1.87 | 3.14 | 2.53 |
| Long-term Lease Liabilities | 1.13 | — | 0.14 | 0.43 | 0.68 |
| Other Liabilities | 2.23 | 2.51 | 1.86 | 2.00 | 1.62 |
| Total Liabilities | 11.66 | 5.72 | 3.87 | 5.57 | 4.84 |
| Retained Earnings | (88.83) | (81.30) | (68.75) | (55.07) | (39.49) |
| Total Equity | (1.74) | 5.04 | 5.97 | 0.78 | 6.25 |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Net Income | (4.05) | (3.48) | (2.83) | (3.34) |
| D&A | 0.06 | 0.09 | 0.10 | 0.08 |
| Stock-Based Comp | 0.41 | 0.33 | 0.34 | 0.06 |
| Δ Working Cap & Other | 0.82 | 0.10 | 0.17 | (0.62) |
| Operating Cash Flow | (2.76) | (2.96) | (2.22) | (3.82) |
| CapEx | (0.17) | (0.06) | (0.19) | 0.11 |
| Other Investing | — | — | — | (0.75) |
| Investing Cash Flow | (0.17) | (0.06) | (0.19) | (0.64) |
| Other Financing | — | 3.87 | 2.73 | — |
| Financing Cash Flow | 0.00 | 3.87 | 2.73 | 0.06 |
| Free Cash Flow | (2.93) | (3.02) | (2.42) | (3.71) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | (13.70) | (12.56) | (13.67) | (15.58) | (18.92) |
| D&A | 0.32 | 0.26 | 0.41 | 0.20 | 0.08 |
| Stock-Based Comp | 1.15 | 1.69 | 3.85 | 4.14 | 2.90 |
| Δ Working Cap & Other | 0.47 | (0.14) | (0.46) | (0.95) | 3.92 |
| Operating Cash Flow | (11.77) | (10.74) | (9.88) | (12.18) | (12.03) |
| CapEx | (0.31) | (0.27) | (0.19) | (0.36) | (0.85) |
| Other Investing | (0.75) | (0.75) | — | 6.50 | (2.04) |
| Investing Cash Flow | (1.06) | (1.02) | (0.19) | 6.14 | (2.88) |
| Debt Issuance | — | — | — | 0.49 | — |
| Stock Issuance | — | — | 2.11 | 4.81 | 14.14 |
| Other Financing | 6.66 | 8.99 | 12.02 | 1.00 | — |
| Financing Cash Flow | 6.66 | 8.99 | 14.12 | 6.30 | 14.11 |
| Effect of FX on Cash | — | — | 0.05 | 0.04 | 0.01 |
| Free Cash Flow | (12.07) | (11.02) | (10.06) | (12.54) | (12.87) |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Current Ratio | 0.58 | 1.03 | 2.11 | 2.15 |
| Quick Ratio | 0.48 | 0.92 | 1.78 | 1.70 |
| Debt / Equity | — | — | — | — |
| EBITDA Margin % | (257.5%) | (231.5%) | (187.1%) | (282.6%) |
| Working Capital | (3.50) | 0.21 | 3.56 | 3.50 |
| Net Debt | — | — | — | — |
| ROE % | 232.4% | (183.4%) | (56.2%) | (69.6%) |
| ROA % | (40.8%) | (27.1%) | (26.3%) | (32.2%) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | 0.58 | 2.11 | 4.39 | 1.24 | 3.69 |
| Quick Ratio | 0.48 | 1.78 | 4.07 | 1.06 | 3.53 |
| Debt / Equity | — | — | — | — | — |
| EBITDA Margin % | (236.7%) | (317.7%) | (407.6%) | (530.3%) | (2698.6%) |
| Working Capital | (3.50) | 3.56 | 6.34 | 0.75 | 6.82 |
| Net Debt | — | — | — | — | — |
| ROE % | 785.8% | (249.1%) | (229.0%) | (2002.7%) | (302.6%) |
| ROA % | (138.0%) | (116.7%) | (138.9%) | (245.6%) | (170.6%) |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-09-11 | HRT FINANCIAL LP | 10% Owner | 2026-09-10 | P | 31,227 | $2.92 | $91,183 |
| 2026-09-11 | HRT FINANCIAL LP | 10% Owner | 2026-09-10 | P | 28,267 | $4.02 | $113,633 |
| 2026-09-11 | HRT FINANCIAL LP | 10% Owner | 2026-09-10 | P | 8,431 | $4.92 | $41,481 |
| 2026-09-11 | HRT FINANCIAL LP | 10% Owner | 2026-09-10 | S | (65,582) | $5.56 | -$364,636 |
| 2026-09-11 | HRT FINANCIAL LP | 10% Owner | 2026-09-09 | S | (50,395) | $2.61 | -$131,531 |
| 2026-09-11 | HRT FINANCIAL LP | 10% Owner | 2026-09-09 | P | 39,508 | $3.40 | $134,327 |
| 2026-09-11 | HRT FINANCIAL LP | 10% Owner | 2026-09-09 | S | (9,948) | $4.27 | -$42,478 |
| 2026-09-11 | HRT FINANCIAL LP | 10% Owner | 2026-09-08 | P | 707 | $3.34 | $2,361 |
| 2026-09-10 | Williamson Kevin | Officer (Chief Financial Officer) | 2026-09-09 | F | (11) | $3.45 | -$38 |
| 2026-09-10 | Williamson Kevin | Officer (Chief Financial Officer) | 2026-09-08 | M | 30 | — | $0 |
| 2026-09-10 | Williamson Kevin | Officer (Chief Financial Officer) | 2026-09-08 | M | (30) | — | $-0 |
| 2026-09-08 | HRT FINANCIAL LP | 10% Owner | 2026-09-04 | S | (1,506) | $3.70 | -$5,572 |
| 2026-09-08 | HRT FINANCIAL LP | 10% Owner | 2026-09-03 | P | 1,658 | $3.98 | $6,599 |
| 2026-09-03 | HRT FINANCIAL LP | 10% Owner | 2026-09-02 | S | (450) | $4.53 | -$2,038 |
| 2026-09-03 | HRT FINANCIAL LP | 10% Owner | 2026-09-01 | P | 1,790 | $4.57 | $8,180 |
| 2026-09-01 | HRT FINANCIAL LP | 10% Owner | 2026-08-31 | S | (1,276) | $4.66 | -$5,946 |
| 2026-09-01 | HRT FINANCIAL LP | 10% Owner | 2026-08-28 | P | 12,376 | $5.21 | $64,479 |
| 2026-09-01 | HRT FINANCIAL LP | 10% Owner | 2026-08-28 | P | 5,981 | $6.35 | $37,979 |
| 2026-09-01 | HRT FINANCIAL LP | 10% Owner | 2026-08-28 | S | (4,932) | $7.07 | -$34,869 |
| 2026-09-01 | HRT FINANCIAL LP | 10% Owner | 2026-08-28 | S | (2,091) | $7.90 | -$16,519 |
| 2026-08-31 | HRT FINANCIAL LP | 10% Owner | 2026-08-27 | S | (419) | $4.96 | -$2,078 |
| 2026-08-04 | Williamson Kevin | Officer (Chief Financial Officer) | 2026-08-03 | F | (12,978) | $0.20 | -$2,570 |
| 2026-08-04 | GINN RICHARD | Director, Officer (Chief Technology Officer) | 2026-08-03 | F | (44,809) | $0.20 | -$8,872 |
| 2026-08-04 | FOSTER STEVEN M | Director, Officer (CEO and President) | 2026-08-03 | F | (41,788) | $0.20 | -$8,274 |
| 2026-08-04 | WEIGLE ROBERT K | Director | 2026-07-31 | M | 10,732 | — | $0 |
| 2026-08-04 | WEIGLE ROBERT K | Director | 2026-07-31 | M | (10,732) | — | $-0 |
| 2026-08-04 | Jacques Kristine M | Director | 2026-07-31 | M | 10,147 | — | $0 |
| 2026-08-04 | Jacques Kristine M | Director | 2026-07-31 | M | (10,147) | — | $-0 |
| 2026-08-04 | HOWARD IVAN | Director | 2026-07-31 | M | 10,732 | — | $0 |
| 2026-08-04 | HOWARD IVAN | Director | 2026-07-31 | M | (10,732) | — | $-0 |
| 2026-08-04 | Hochschuler Stephen | Director | 2026-07-31 | M | 10,732 | — | $0 |
| 2026-08-04 | Hochschuler Stephen | Director | 2026-07-31 | M | (10,732) | — | $-0 |
| 2026-08-04 | Ferrari Richard | Director | 2026-07-31 | M | 64,479 | — | $0 |
| 2026-08-04 | Ferrari Richard | Director | 2026-07-31 | M | (64,479) | — | $-0 |
| 2026-08-04 | Williamson Kevin | Officer (Chief Financial Officer) | 2026-07-31 | M | 58,987 | — | $0 |
| 2026-08-04 | Williamson Kevin | Officer (Chief Financial Officer) | 2026-07-31 | M | (58,987) | — | $-0 |
| 2026-08-04 | GINN RICHARD | Director, Officer (Chief Technology Officer) | 2026-07-31 | M | 126,577 | — | $0 |
| 2026-08-04 | GINN RICHARD | Director, Officer (Chief Technology Officer) | 2026-07-31 | M | (126,577) | — | $-0 |
| 2026-08-04 | FOSTER STEVEN M | Director, Officer (CEO and President) | 2026-07-31 | M | 140,936 | — | $0 |
| 2026-08-04 | FOSTER STEVEN M | Director, Officer (CEO and President) | 2026-07-31 | M | (140,936) | — | $-0 |
| 2026-05-05 | Geist Wyatt D. | Officer (Chief Innovation Officer) | 2026-05-01 | A | 136,401 | — | $0 |
| 2026-05-05 | Grawey Nathaniel A. | Officer (Chief Commercial Officer) | 2026-05-01 | A | 68,201 | — | $0 |
| 2026-03-05 | Williamson Kevin | Officer (Chief Financial Officer) | 2026-03-03 | M | 1,041 | — | $0 |
| 2026-03-05 | Williamson Kevin | Officer (Chief Financial Officer) | 2026-03-03 | M | (1,041) | — | $-0 |
| 2026-01-05 | Hochschuler Stephen | Director | 2026-01-05 | F | (3,327) | $0.93 | -$3,098 |
| 2026-01-05 | WEIGLE ROBERT K | Director | 2026-01-05 | F | (3,413) | $0.93 | -$3,174 |
| 2026-01-05 | GINN RICHARD | Director, Officer (Chief Technology Officer) | 2026-01-05 | F | (47,426) | $0.93 | -$44,111 |
| 2026-01-05 | Williamson Kevin | Director, Officer (Chief Financial Officer) | 2026-01-05 | F | (18,518) | $0.93 | -$17,244 |
| 2026-01-05 | HOWARD IVAN | Director | 2026-01-05 | F | (3,327) | $0.93 | -$3,094 |
| 2026-01-05 | FOSTER STEVEN M | Director, Officer (CEO and President) | 2026-01-01 | M | 140,936 | — | $0 |
| 2026-01-05 | FOSTER STEVEN M | Director, Officer (CEO and President) | 2026-01-01 | M | (140,936) | — | $-0 |
| 2026-01-05 | Hochschuler Stephen | Director | 2026-01-01 | M | 10,732 | — | $0 |
| 2026-01-05 | Hochschuler Stephen | Director | 2026-01-01 | M | (10,732) | — | $-0 |
| 2026-01-05 | WEIGLE ROBERT K | Director | 2026-01-01 | M | 10,732 | — | $0 |
| 2026-01-05 | WEIGLE ROBERT K | Director | 2026-01-01 | M | (10,732) | — | $-0 |
| 2026-01-05 | GINN RICHARD | Director, Officer (Chief Technology Officer) | 2026-01-01 | M | 126,577 | — | $0 |
| 2026-01-05 | GINN RICHARD | Director, Officer (Chief Technology Officer) | 2026-01-01 | M | (126,577) | — | $-0 |
| 2026-01-05 | Ferrari Richard | Director | 2026-01-01 | M | 64,478 | — | $0 |
| 2026-01-05 | Ferrari Richard | Director | 2026-01-01 | M | (64,479) | — | $-0 |
| 2026-01-05 | Jacques Kristine M | Director | 2026-01-01 | M | 10,146 | — | $0 |
| 2026-01-05 | Jacques Kristine M | Director | 2026-01-01 | M | 583 | — | $0 |
| 2026-01-05 | Jacques Kristine M | Director | 2026-01-01 | M | (10,146) | — | $-0 |
| 2026-01-05 | Jacques Kristine M | Director | 2026-01-01 | M | (583) | — | $-0 |
| 2026-01-05 | Williamson Kevin | Director, Officer (Chief Financial Officer) | 2026-01-01 | M | 58,987 | — | $0 |
| 2026-01-05 | Williamson Kevin | Director, Officer (Chief Financial Officer) | 2026-01-01 | M | (58,987) | — | $-0 |
| 2026-01-05 | HOWARD IVAN | Director | 2026-01-01 | M | 10,732 | — | $0 |
| 2026-01-05 | HOWARD IVAN | Director | 2026-01-01 | M | (10,732) | — | $-0 |
| 2025-12-29 | WEIGLE ROBERT K | Director | 2025-05-22 | M | 78 | — | $0 |
| 2025-12-29 | WEIGLE ROBERT K | Director | 2025-05-22 | M | (78) | — | $-0 |
| 2025-12-29 | HOWARD IVAN | Director | 2025-05-22 | M | 78 | — | $0 |
| 2025-12-29 | HOWARD IVAN | Director | 2025-05-22 | M | (78) | — | $-0 |
| 2025-12-29 | WEIGLE ROBERT K | Director | 2024-05-22 | M | 78 | — | $0 |
| 2025-12-29 | WEIGLE ROBERT K | Director | 2024-05-22 | M | (78) | — | $-0 |
| 2025-12-29 | HOWARD IVAN | Director | 2024-05-22 | M | 78 | — | $0 |
| 2025-12-29 | HOWARD IVAN | Director | 2024-05-22 | M | (78) | — | $-0 |
| 2025-12-22 | Jacques Kristine M | Director | 2024-05-08 | A | 1,750 | — | $0 |
| 2025-12-19 | Williamson Kevin | Director, Officer (Chief Financial Officer) | 2025-09-03 | M | 2,083 | — | $0 |
| 2025-12-19 | Williamson Kevin | Director, Officer (Chief Financial Officer) | 2025-09-03 | M | (2,083) | — | $-0 |
| 2025-12-19 | Williamson Kevin | Director, Officer (Chief Financial Officer) | 2024-11-05 | A | 6,250 | — | $0 |
| 2025-11-18 | FOSTER STEVEN M | Director, Officer (CEO and President) | 2025-11-14 | P | 19,455 | — | $0 |
| 2025-11-18 | FOSTER STEVEN M | Director, Officer (CEO and President) | 2025-11-14 | P | 19,455 | — | $0 |
| 2025-11-18 | Geist Wyatt D. | Officer (Chief Innovation Officer) | 2025-11-14 | P | 19,455 | — | $0 |
| 2025-11-18 | Geist Wyatt D. | Officer (Chief Innovation Officer) | 2025-11-14 | P | 19,455 | — | $0 |
| 2025-11-18 | Grawey Nathaniel A. | Officer (Chief Commercial Officer) | 2025-11-14 | P | 101,167 | — | $0 |
| 2025-11-18 | Grawey Nathaniel A. | Officer (Chief Commercial Officer) | 2025-11-14 | P | 101,167 | — | $0 |
| 2025-10-15 | FOSTER STEVEN M | Director, Officer (CEO and President) | 2025-10-13 | A | 281,872 | — | $0 |
| 2025-10-15 | Hochschuler Stephen | Director | 2025-10-13 | A | 21,464 | — | $0 |
| 2025-10-15 | WEIGLE ROBERT K | Director | 2025-10-13 | A | 21,464 | — | $0 |
| 2025-10-15 | GINN RICHARD | Director, Officer (Chief Technology Officer) | 2025-10-13 | A | 253,153 | — | $0 |
| 2025-10-15 | Ferrari Richard | Director | 2025-10-13 | A | 128,957 | — | $0 |
| 2025-10-15 | Jacques Kristine M | Director | 2025-10-13 | A | 20,293 | — | $0 |
| 2025-10-15 | Williamson Kevin | Director, Officer (Chief Financial Officer) | 2025-10-13 | A | 117,974 | — | $0 |
| 2025-10-15 | HOWARD IVAN | Director | 2025-10-13 | A | 21,464 | — | $0 |