Tenax Therapeutics Inc
TENX
NASDAQ
Biotechnology
$1.80
USD
-0.03 (-1.64%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $64.93M
Volume 5.8M
About Tenax Therapeutics Inc
Tenax Therapeutics, Inc. is a pharmaceutical company engaged in the development and commercialization of products for cardiovascular and pulmonary diseases. The company is headquartered in Chapel Hill, North Carolina and currently employs 14 full-time employees. The firm is focused on identifying, developing, and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical needs. The firm's products include TNX-201 (oral enteric-coated imatinib) and TNX-103 (oral levosimendan). The firm is developing dosing and a formulation of imatinib mesylate, a kinase inhibitor for the treatment of pulmonary arterial hypertension (PAH). The Company’s other programs include TNX-101 and TNX-102. Levosimendan is a calcium sensitizer/K-ATP activator developed for intravenous use in hospitalized patients with acutely decompensated heart failure. The firm has completed the Phase II trial of levosimendan in patients with PH and heart failure with preserved ejection fraction (HFpEF).
CEO
Mr. Christopher Giordano
HQ
Chapel Hill, NORTH CAROLINA, US
Founded
1993
Employees
14
Key Metrics
2 metrics our research team weighs before forming a view on TENX.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
ROE (TTM)
-57.1%
-26.6 pp
Free Cash Flow (TTM)
$-46.03M
—
Financial Snapshot
Revenue
$0
— YoY
Gross Margin
—
— YoY
Net Income
$-64.86M
-106.0%
YoY
Operating Cash Flow
$-46.03M
-132.0%
YoY
Key Statistics
Open
$1.77
Previous Close
$1.83
Day Range
$1.71 - $1.87
52 Week Range
$1.31 - $18.60
Volume
5.8M
Average Volume (10 Days)
13.3M
Dividend Yield
—
Valuation Measurement
Market Cap
$64.93M
P/E Ratio (TTM)
—
Price / Book
0.57
Financial Highlights
Return on Assets
-53.3%
Return on Equity
-57.1%
Revenue (TTM)
$0
Net Income (TTM)
$-64.86M
Diluted EPS (TTM)
-$1.48
Total Cash (MRQ)
$117.98M
Levered FCF (TTM)
$-46.03M
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Earnings Calendar
Next Earnings
Estimated Q3 Release
Nov 10
Est. EPS
Adjusted consensus estimate
-$0.39
Analyst Consensus
Based on 4 analyst ratings
Avg Target: $38.00
(+2011.1% upside)
High: $50.00 · Low: $27.00
Strong Buy
0%
Buy
100%
Hold
0%
Sell
0%
Strong Sell
0%