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TNXP — Tonix Pharmaceuticals Holding Corp.

TNXP (Tonix Pharmaceuticals Holding Corp.) stock: $4.74, $81.3M market cap, $176.2M cash, -$86.2M EV, $104.6M fully diluted market cap. Lead program: TNX-102 SL (Major Depressive Episode (MDE); Major Depressive Disorder (MDD); Depression), Phase 2. Data from Fully Diluted's biotech stocks database.

What they do

We are a fully-integrated biopharmaceutical company commercializing and developing innovative therapies for central nervous system disorders, immunology, and infectious diseases. We launched TONMYA (cyclobenzaprine HCl sublingual tablets) for fibromyalgia in adults in November 2025.

Source: 10-K FY2025 via SEC EDGAR

Share price
$4.74
Market cap
$81.3M
Cash
$176.2M
Enterprise value
-$86.2M

Balance sheet

Cash$176.2M
Debt$8.7M
Net cash$167.5M
Enterprise value-$86.2M
Basic shares17.2M shares
Fully diluted shares22.1M shares
Fully diluted market cap$104.6M
Cash per share$10.28
Quarterly burn$42.2M
Cash runway4.2 quarters

Cash figures as of 2026-06-30. Database snapshot: 2026-11-07.

Share structure

Common
17.2M
Pre-funded warrants
0.6M
Options
2.3M
RSUs
0.0M
Warrants
0.0M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
2.0M
FDSO
22.1M

Cap table as of 2026-06-30.

Price history

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Next catalyst

TNX-102 SL · Mar 14 - Apr 25 in 16 mo · Phase 2 · Major Depressive Episode (MDE); Major Depressive Disorder (MDD); Depression

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