secwatch.observer — SEC 8-K summary
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Issuer:     Tenon Medical, Inc. (TNON)
CIK:        0001560293
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001213900-24-022411
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tenon Medical Q4 revenue $808k (+192% YoY); FY gross profit turns positive at $1.2M
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- Q4 revenue $808k, up 192% YoY; FY revenue $2.9M, up 324% YoY.
- FY gross profit $1.2M vs. gross loss ($641k) in 2022; Q4 gross margin 69%.
- Surgical procedures using Catamaran System increased 312% in FY 2023.
- Subsequent to year end: issued ~$3.85M Series A Preferred, raising $2.6M, repaid $1.25M secured debt.
- Net loss $15.6M for FY 2023 vs. $18.9M in 2022; operating loss $15.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560293/000121390024022411/0001213900-24-022411-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560293/000121390024022411/ea0201769-8k_tenonmed.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-022411

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer