logologo
QuantliQuantli

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

Price (USD)
Price (USD)

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

Full Financials

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

Turn research into action

Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Go deeper on TENX

Similar Stocks

BOLD

Boundless Bio Inc

$2.83

+2.0%

SPRO

Spero Therapeutics Inc

$1.23

-0.8%

ELTX

Elicio Therapeutics Inc

$3.09

-1.9%

PMVP

PMV Pharmaceuticals Inc

$1.26

+3.7%

IBIO

iBio Inc

$1.43

+2.1%

DWTX

Dogwood Therapeutics Inc

$2.15

+8.6%

RNXT

RenovoRx Inc

$1.40

+11.1%

CYPH

Cypherpunk Technologies Inc

$0.6400

-0.6%

RNTX

Rein Therapeutics Inc

$0.8100

+2.4%

XBIT

XBiotech Inc

$2.30

-1.3%

MNOV

MediciNova Inc

$1.31

0.0%

Earnings Calendar

Next Earnings

Estimated Q3 Release

Nov 10

Est. EPS

Adjusted consensus estimate

-$0.39

Analyst Consensus

Buy

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%

View full analyst ratings