Tenon Medical, Inc. - 8-K Filing
Tenon Medical reported Q1 2026 revenue of $1.4 million, up 90% YoY from $0.7 million in Q1 2025, driven by adoption of its Catamaran system and the addition of SImmetry+ post-acquisition. Gross profit rose to $0.9 million (68.5% margin), a 193% increase compared to $0.3 million (44.5%) in Q1 2025, due to higher revenue absorption of overhead costs. The company also closed a $4.3 million senior convertible note private placement for commercial expansion and product development. (Items: 2.02 Results of Operations and Financial Condition, 9.01 Financial Statements and Exhibits)
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