TONIX PHARMACEUTICALS HOLDING CORP. financials
Source: EDGAR filings · Built 2026-06-02T04:11:59Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -103.21M | -61.05M | -109.90M | -146.20M | -110.86M | -57.13M |
| EBITDA | -123.78M | -133.28M | -114.09M | -110.84M | -92.26M | -50.48M |
| Working Capital | 198.04M | 100.69M | 28.88M | 112.60M | 167.33M | 78.17M |
| Net Debt | -206.33M | -89.49M | -13.05M | -119.47M | -177.70M | -75.76M |
| Gross Margin | 49.34% | 23.07% | 38.97% | — | — | — |
| Operating Margin | -959.05% | -1354.28% | -1523.94% | — | — | — |
| Net Margin | -946.22% | -1288.25% | -1501.78% | — | — | — |
| Return on Equity (ROE) | -50.59% | -93.18% | -110.55% | -53.20% | -42.19% | -57.57% |
| Return on Assets (ROA) | -44.75% | -79.83% | -75.53% | -48.84% | -38.31% | -51.40% |
| Current Ratio | 7.42× | 6.50× | 2.53× | 7.19× | 8.71× | 8.96× |
| Debt-to-Equity | 0.01× | 0.07× | 0.11× | 0.00× | 0.00× | 0.01× |
| Cash Conversion Ratio | 0.81× | 0.47× | 0.87× | 0.89× | 0.82× | 0.96× |
| Accruals Ratio | -0.09× | -0.42× | -0.09× | -0.05× | -0.07× | -0.02× |
| SBC % of Revenue | 45.91% | 47.34% | 119.40% | — | — | — |
| CapEx Coverage | -29.64× | -507.71× | -12.92× | -2.04× | -2.14× | -5.67× |
| Free Cash Flow Per Share | $-12.13 | $-82.90 | $-13867.26 | $-25.03 | $-9.74 | $-0.60 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 13.11M | 10.09M | 7.77M | — | — | — |
| Cost of Revenue | 6.64M | 7.76M | 4.74M | — | — | — |
| Research and Development Expense | 44.49M | 39.97M | 86.66M | 81.88M | 68.84M | 36.16M |
| Selling, General and Administrative Expense | 87.68M | 40.10M | 34.75M | 30.21M | — | — |
| Operating Income (Loss) | -125.70M | -136.70M | -118.38M | -112.09M | -92.31M | -50.51M |
| Net Income (Loss) Attributable to Parent | -124.02M | -130.04M | -116.66M | -110.22M | -92.29M | -50.46M |
| Earnings Per Share, Basic | $-14.57 | $-176.60 | $-14720.25 | $-20.01 | $-8.10 | — |
| Weighted Average Number of Shares Outstanding, Basic | 8.51M | 736,339 | 7,925 | 5.84M | 11.39M | — |
| Earnings Per Share, Diluted | $-14.57 | $-176.60 | $-14720.25 | $-20.01 | $-8.10 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 8.51M | 736,339 | 7,925 | 5.84M | 11.39M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 207.64M | 98.78M | 24.95M | 120.23M | 178.66M | 77.07M |
| Assets, Current | 228.88M | 119.00M | 47.77M | 130.78M | 189.05M | 87.99M |
| Assets | 277.17M | 162.89M | 154.46M | 225.69M | 240.90M | 98.18M |
| Long-term Debt | — | 8.65M | 11.00M | — | — | — |
| Liabilities, Current | 30.84M | 18.31M | 18.88M | 18.18M | 21.72M | 9.82M |
| Long-term Debt, Excluding Current Maturities | — | 4.67M | 6.56M | — | — | — |
| Liabilities | 32.02M | 23.33M | 48.93M | 18.51M | 22.18M | 10.54M |
| Stockholders' Equity Attributable to Parent | 245.15M | 139.56M | 105.53M | 207.18M | 218.72M | 87.65M |
| Common Stock, Shares, Outstanding | 12.79M | 4.39M | 20,926 | 12.37M | 15.64M | 206.01M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -99.84M | -60.92M | -102.00M | -98.05M | -75.56M | -48.57M |
| Payments to Acquire Property, Plant, and Equipment | 3.37M | 120.00K | 7.89M | 48.15M | 35.31M | 8.56M |
| Net Cash Provided by (Used in) Investing Activities | -4.53M | -120.00K | -29.07M | -48.15M | -35.31M | -8.56M |
| Payments for Repurchase of Common Stock | 13.76M | — | 13.96M | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 214.53M | 134.87M | 36.52M | 87.84M | 212.49M | 123.11M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -44.01M | -41.52M | -61.69M | -31.95M | -16.59M | -14.63M |
| EBITDA | -40.98M | -47.80M | — | — | -15.56M | -21.98M |
| Working Capital | 177.52M | 198.04M | 187.04M | 124.47M | 137.43M | 100.69M |
| Net Debt | -184.18M | -206.33M | -189.63M | -124.84M | -131.15M | -89.49M |
| Gross Margin | 77.06% | 80.37% | 58.45% | -63.76% | 61.18% | 54.18% |
| Operating Margin | -603.91% | -895.84% | -1005.08% | -1416.22% | -660.93% | -870.64% |
| Net Margin | -584.38% | -870.32% | -972.95% | -1415.02% | -692.84% | -856.24% |
| Return on Equity (ROE) | -17.70% | -19.14% | -13.85% | -16.83% | -9.33% | -15.84% |
| Return on Assets (ROA) | -15.58% | -16.92% | -12.68% | -15.09% | -8.73% | -13.57% |
| Current Ratio | 6.99× | 7.42× | 9.89× | 7.53× | 12.31× | 6.50× |
| Debt-to-Equity | 0.01× | 0.01× | 0.00× | 0.00× | 0.00× | 0.07× |
| Cash Conversion Ratio | 1.05× | 0.85× | 1.88× | 1.11× | 0.99× | 0.66× |
| Accruals Ratio | 0.01× | -0.03× | 0.11× | 0.02× | -0.00× | -0.05× |
| SBC % of Revenue | 28.64% | 33.19% | 128.51% | 115.37% | 36.31% | 34.62% |
| CapEx Coverage | -25.01× | -21.16× | -40.26× | -58.93× | -2763.17× | -4876.67× |
| Free Cash Flow Per Share | $-3.21 | $-4.88 | $-6.91 | $-4.36 | $-2.80 | $-19.87 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 0.09× | 0.14× | — | — |
| P/S | 11.13× | 15.24× | 23.85× | 27.62× | 12.25× | 0.14× |
| P/B | 0.86× | 0.81× | 1.06× | 1.62× | 0.68× | 0.01× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 6.88M | 5.39M | 3.29M | 2.00M | 2.43M | 2.58M |
| Cost of Revenue | 1.58M | 1.06M | 1.37M | 3.27M | 943.00K | 1.18M |
| Research and Development Expense | 18.21M | 16.94M | 9.29M | 10.82M | 7.44M | 8.30M |
| Selling, General and Administrative Expense | 28.62M | 35.68M | 25.70M | 16.20M | 10.10M | 15.58M |
| Operating Income (Loss) | -41.54M | -48.29M | -33.07M | -28.30M | -16.05M | -22.48M |
| Net Income (Loss) Attributable to Parent | -40.19M | -46.91M | -32.01M | -28.27M | -16.83M | -22.11M |
| Earnings Per Share, Basic | $-2.93 | $-4.15 | $-3.59 | $-3.86 | $-2.84 | $289.57 |
| Weighted Average Number of Shares Outstanding, Basic | 13.71M | 8.51M | 8.92M | 7.33M | 5.93M | 736,339 |
| Earnings Per Share, Diluted | $-2.93 | $-4.15 | $-3.59 | $-3.86 | $-2.84 | $289.57 |
| Weighted Average Number of Shares Outstanding, Diluted | 13.71M | 8.51M | 8.92M | 7.33M | 5.93M | 736,339 |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 185.47M | 207.64M | 190.06M | 125.33M | 131.72M | 98.78M |
| Assets, Current | 207.17M | 228.88M | 208.07M | 143.53M | 149.57M | 119.00M |
| Assets | 257.91M | 277.17M | 252.44M | 187.36M | 192.87M | 162.89M |
| Long-term Debt | — | — | — | — | — | 8.65M |
| Liabilities, Current | 29.65M | 30.84M | 21.03M | 19.06M | 12.15M | 18.31M |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | 4.67M |
| Liabilities | 30.77M | 32.02M | 21.30M | 19.36M | 12.47M | 23.33M |
| Stockholders' Equity Attributable to Parent | 227.14M | 245.15M | 231.14M | 168.00M | 180.40M | 139.56M |
| Common Stock, Shares, Outstanding | 14.21M | 12.79M | 10.17M | 7.55M | 6.88M | 4.39M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -42.32M | -39.65M | -60.19M | -31.41M | -16.58M | -14.63M |
| Payments to Acquire Property, Plant, and Equipment | 1.69M | 1.87M | 1.50M | 533.00K | 6.00K | 3.00K |
| Net Cash Provided by (Used in) Investing Activities | -1.69M | -1.02M | -3.51M | -2.54M | -6.00K | -3.00K |
| Payments for Repurchase of Common Stock | — | 7.81M | 5.95M | 2.90M | 3.05M | — |
| Net Cash Provided by (Used in) Financing Activities | 20.20M | 59.14M | 155.39M | 60.53M | 49.53M | 85.15M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (TNXP CIK 0001430306),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.