TNXP Chart
About

Tonix Pharmaceuticals Holding Corp. operates as a fully integrated, commercial-stage biotechnology company focused on central nervous system (CNS) and immunology treatments in areas of unmet medical needs and focuses on developing and commercializing therapeutics to treat and prevent human disease. The company's flagship product, TONMYA™ (cyclobenzaprine HCl sublingual tablets 2.8 mg), therapy is used for the treatment of fibromyalgia. It markets Zembrace SymTouch and Tosymra for the treatment of acute migraine with or without aura in adults. Its portfolio focuses on central nervous system disorders, as well as immunology, infectious disease, and rare disease product candidates. The company's products pipeline include TNX-102 SL (cyclobenzaprine HCl sublingual tablet), for the management of fibromyalgia; and is being developed to prevent and treat acute stress reaction, posttraumatic stress disorder, Alzheimer's disease, alcohol use disorder, and multi-site pain associated with Long COVID. It also develops TNX-1300, a double-mutant cocaine esterase, which is in Phase 2 clinical trials for the treatment of cocaine intoxication; and TNX-1900, an intranasal potentiated oxytocin for the treatment of binge eating disorder, adolescent obesity, and bone health in pediatric autism, as well as for social anxiety disorder. In addition, the company develops TNX-1500, an Fc-modified humanized monoclonal antibody indicated to prevent organ transplant rejection, as well as to treat autoimmune conditions; TNX-1700, a recombinant Trefoil Factor Family 2 fusion protein for the treatment of gastric and colorectal cancers; TNX-801 that is in the pre-IND development stage for protection against smallpox and mpox; and TNX-1800, a live virus vaccine for SARS-CoV-2. Its rare disease portfolio consists of TNX-2900, an intranasal potentiated oxytocin to treat for Prader-Willi syndrome. The company has collaboration agreement with Bilthoven Biologicals to advance TNX-801 and Makana Therapeutics, Inc. to study TNX-1500 for human-compatible organs and cells for the treatment of organ failure. Tonix Pharmaceuticals Holding Corp. is headquartered in Chatham, New Jersey.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 191.05M
Enterprise Value -21.34M Income -99.22M Sales 10.30M
Book/sh 22.73 Cash/sh 16.14 Dividend Yield —
Payout 0.00% Employees 81 IPO —
P/E 0.05 Forward P/E -1.74 PEG —
P/S 18.55 P/B 0.66 P/C —
EV/EBITDA 0.22 EV/Sales -2.07 Quick Ratio 9.29
Current Ratio 9.89 Debt/Eq 0.18 LT Debt/Eq —
EPS (ttm) 279.15 EPS next Y -8.60 EPS Growth —
Revenue Growth 16.60% Earnings 2026-03-17 ROA -35.94%
ROE -64.99% ROIC — Gross Margin 34.31%
Oper. Margin -10.05% Profit Margin 0.00% Shs Outstand 12.79M
Shs Float 11.77M Short Float 18.25% Short Ratio 4.87
Short Interest — 52W High 69.97 52W Low 6.76
Beta 1.87 Avg Volume 489.30K Volume 156.14K
Target Price $66.33 Recom Strong_buy Prev Close $14.29
Price $14.94 Change 4.55%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$66.33
Mean price target
2. Current target
$14.88
Latest analyst target
3. DCF / Fair value
$-61.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$14.88
Low
$64.00
High
$70.00
Mean
$66.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-03-20 reit Noble Capital Markets Outperform → Outperform $70
2024-07-22 main Alliance Global Partners Buy → Buy $11
2024-02-28 init Dawson James — → Buy $3
2023-08-01 main Alliance Global Partners Buy → Buy $8
2023-06-02 main Alliance Global Partners Buy → Buy $18
2021-08-31 main Alliance Global Partners Buy → Buy $3
2021-08-11 main Alliance Global Partners Buy → Buy $2
2021-02-25 main Alliance Global Partners Buy → Buy $4
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 701 9407 — Stock Award(Grant) at price 13.42 per share. SAENGER BRADLEY Chief Financial Officer — 2025-12-31 00:00:00 D
1 418 15061 — Purchase at price 36.03 per share. TAYLOR CAROLYN E. Director — 2025-08-21 00:00:00 D
2 250 9000 — Purchase at price 36.00 per share. TRECO JAMES Director — 2025-08-20 00:00:00 D
3 4000 86200 — Purchase at price 21.55 per share. LEDERMAN SETH Chief Executive Officer — 2025-05-15 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-18.92M-114.09M-110.84M-92.26M
TotalUnusualItems-52.81M0.00
TotalUnusualItemsExcludingGoodwill-52.81M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-130.04M-116.66M-110.22M-92.29M
ReconciledDepreciation3.42M4.29M1.25M50.00K
ReconciledCostOfRevenue7.76M4.74M0.00
EBITDA-71.73M-114.09M-110.84M-92.26M
EBIT-75.15M-118.38M-112.09M-92.31M
NetInterestIncome1.87M25.00K
InterestIncome1.87M25.00K
NormalizedIncome-77.23M-116.66M-110.22M-92.29M
NetIncomeFromContinuingAndDiscontinuedOperation-130.04M-116.66M-110.22M-92.29M
TotalExpenses85.24M126.15M112.09M92.31M
TotalOperatingIncomeAsReported-136.70M-118.38M-112.09M-92.31M
DilutedAverageShares736.34K7.92K1.79K775.00
BasicAverageShares736.34K7.92K1.79K775.00
DilutedEPS-176.60-14.72K-65.40K-119.08K
BasicEPS-176.60-14.72K-65.40K-119.08K
DilutedNIAvailtoComStockholders-130.04M-116.66M-116.88M-92.29M
NetIncomeCommonStockholders-130.04M-116.66M-116.88M-92.29M
OtherunderPreferredStockDividend0.00
PreferredStockDividends6.66M
NetIncome-130.04M-116.66M-110.22M-92.29M
NetIncomeIncludingNoncontrollingInterests-130.04M-116.66M-110.22M-92.29M
NetIncomeContinuousOperations-130.04M-116.66M-110.22M-92.29M
PretaxIncome-130.04M-116.66M-110.22M-92.29M
OtherIncomeExpense-54.89M1.72M1.87M
OtherNonOperatingIncomeExpenses-2.08M1.72M1.87M
SpecialIncomeCharges-58.96M0.00
WriteOff58.96M0.00
GainOnSaleOfSecurity6.15M
NetNonOperatingInterestIncomeExpense1.87M25.00K
InterestIncomeNonOperating1.87M25.00K
OperatingIncome-75.15M-118.38M-112.09M-92.31M
OperatingExpense77.48M121.41M112.09M92.31M
OtherOperatingExpenses-2.59M
ResearchAndDevelopment39.97M86.66M81.88M68.84M
SellingGeneralAndAdministration40.10M34.75M30.21M23.47M
GeneralAndAdministrativeExpense34.75M30.21M23.47M
OtherGandA34.75M30.21M23.47M
GrossProfit2.33M3.03M0.00
CostOfRevenue7.76M4.74M0.00
TotalRevenue10.09M7.77M0.000.00
OperatingRevenue10.09M7.77M0.000.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber4.39M18.32K3.82K775.00
ShareIssued4.39M18.32K3.82K775.00
TotalDebt8.12M9.81M760.00K956.00K
TangibleBookValue139.44M94.82M207.06M218.72M
InvestedCapital144.22M112.09M207.18M218.72M
WorkingCapital100.69M28.88M112.60M167.33M
NetTangibleAssets139.44M94.82M207.06M218.72M
CapitalLeaseObligations632.00K902.00K760.00K956.00K
CommonStockEquity139.56M105.53M207.18M218.72M
TotalCapitalization144.22M112.09M207.18M218.72M
TotalEquityGrossMinorityInterest139.56M105.53M207.18M218.72M
StockholdersEquity139.56M105.53M207.18M218.72M
GainsLossesNotAffectingRetainedEarnings-255.00K-232.00K-167.00K-92.00K
OtherEquityAdjustments-255.00K-232.00K-167.00K-92.00K
RetainedEarnings-730.69M-600.66M-470.04M-359.82M
AdditionalPaidInCapital870.50M706.41M677.38M578.61M
CapitalStock4.00K0.0012.00K16.00K
CommonStock4.00K0.0012.00K16.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest23.33M48.93M18.51M22.18M
TotalNonCurrentLiabilitiesNetMinorityInterest5.03M30.05M328.00K467.00K
DerivativeProductLiabilities0.0022.86M0.00
LongTermDebtAndCapitalLeaseObligation5.03M7.19M328.00K467.00K
LongTermCapitalLeaseObligation358.00K632.00K328.00K467.00K
LongTermDebt4.67M6.56M
CurrentLiabilities18.31M18.88M18.18M21.72M
OtherCurrentLiabilities697.00K1.40M659.00K673.00K
CurrentDeferredLiabilities1.82M2.98M3.27M2.83M
CurrentDeferredRevenue1.82M2.98M3.27M2.83M
CurrentDebtAndCapitalLeaseObligation3.09M2.62M432.00K489.00K
CurrentCapitalLeaseObligation274.00K270.00K432.00K489.00K
PensionandOtherPostRetirementBenefitPlansCurrent4.50M4.36M3.65M2.87M
PayablesAndAccruedExpenses8.20M7.53M10.17M14.85M
CurrentAccruedExpenses3.66M3.74M2.10M1.57M
Payables4.55M3.78M8.07M13.28M
AccountsPayable4.55M3.78M8.07M13.28M
TotalAssets162.89M154.46M225.69M240.90M
TotalNonCurrentAssets43.89M106.69M94.91M51.85M
OtherNonCurrentAssets951.00K1.13M264.00K379.00K
NonCurrentPrepaidAssets19.00K
GoodwillAndOtherIntangibleAssets120.00K10.71M120.00K120.00K
OtherIntangibleAssets120.00K9.74M120.00K
Goodwill0.00965.00K0.00
NetPPE42.82M94.85M94.53M51.47M
AccumulatedDepreciation-4.10M-5.36M-1.65M-400.00K
GrossPPE46.91M100.21M96.18M51.87M
Leases34.00K34.00K34.00K23.00K
ConstructionInProgress0.001.37M41.92M
OtherProperties12.69M22.73M19.16M1.26M
MachineryFurnitureEquipment1.37M2.37M1.89M756.00K
BuildingsAndImprovements24.50M66.75M65.64M0.00
LandAndImprovements8.32M8.34M8.09M7.91M
CurrentAssets119.00M47.77M130.78M189.05M
OtherCurrentAssets3.73M2.57M2.50M2.66M
PrepaidAssets1.66M1.27M1.48M
Inventory8.41M14.15M0.00
InventoriesAdjustmentsAllowances-21.00K0.00
OtherInventories508.00K
FinishedGoods5.12M7.49M0.00
WorkInProcess213.00K2.54M0.00
RawMaterials3.07M3.61M0.00
Receivables8.08M6.10M8.04M7.73M
OtherReceivables4.22M4.59M8.04M7.73M
AccruedInterestReceivable180.00K1.51M0.00
AccountsReceivable3.68M0.00
CashCashEquivalentsAndShortTermInvestments98.78M24.95M120.23M178.66M
CashAndCashEquivalents98.78M24.95M120.23M178.66M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-61.05M-109.90M-146.20M-110.86M
RepurchaseOfCapitalStock0.00-13.96M-47.25M0.00
RepaymentOfDebt-2.35M0.00
IssuanceOfDebt0.008.94M0.00
IssuanceOfCapitalStock140.19M18.94M135.05M212.39M
CapitalExpenditure-120.00K-7.89M-48.15M-35.31M
InterestPaidSupplementalData1.23M88.00K
EndCashPosition99.68M25.85M120.47M178.90M
BeginningCashPosition25.85M120.47M178.90M77.31M
EffectOfExchangeRateChanges4.00K-65.00K-74.00K-31.00K
ChangesInCash73.83M-94.56M-58.36M101.62M
FinancingCashFlow134.87M36.52M87.84M212.49M
CashFlowFromContinuingFinancingActivities134.87M36.52M87.84M212.49M
NetOtherFinancingCharges-3.00M22.57M
ProceedsFromStockOptionExercised27.00K29.00K40.00K98.00K
NetPreferredStockIssuance0.000.00-6.66M0.00
PreferredStockPayments0.000.00-47.25M0.00
PreferredStockIssuance0.0040.59M0.00
NetCommonStockIssuance140.19M4.97M94.46M212.39M
CommonStockPayments0.00-13.96M0.00
CommonStockIssuance140.19M18.94M94.46M212.39M
NetIssuancePaymentsOfDebt-2.35M8.94M0.00
NetLongTermDebtIssuance-2.35M8.94M0.00
LongTermDebtPayments-2.35M0.00
LongTermDebtIssuance0.008.94M0.00
InvestingCashFlow-120.00K-29.07M-48.15M-35.31M
CashFlowFromContinuingInvestingActivities-120.00K-29.07M-48.15M-35.31M
NetBusinessPurchaseAndSale0.00-22.17M0.00
PurchaseOfBusiness0.00-22.17M0.00
NetPPEPurchaseAndSale-120.00K-6.90M-48.15M-35.31M
SaleOfPPE0.00999.00K0.00
PurchaseOfPPE-120.00K-7.89M-48.15M-35.31M
OperatingCashFlow-60.92M-102.00M-98.05M-75.56M
CashFlowFromContinuingOperatingActivities-60.92M-102.00M-98.05M-75.56M
ChangeInWorkingCapital5.78M-35.00K-2.00K5.78M
ChangeInOtherWorkingCapital2.00K-11.00K
ChangeInOtherCurrentLiabilities-13.00K35.00K2.00K
ChangeInPayablesAndAccruedExpense2.12M-1.70M160.00K5.27M
ChangeInAccruedExpense1.19M1.79M1.21M1.75M
ChangeInPayable927.00K-3.49M-1.04M3.53M
ChangeInAccountPayable927.00K-3.49M-1.04M3.53M
ChangeInPrepaidAssets3.61M1.57M-164.00K518.00K
ChangeInInventory3.74M61.00K0.00
ChangeInReceivables-3.68M0.00
ChangesInAccountReceivables-3.68M0.00
OtherNonCashItems840.00K903.00K3.00M
StockBasedCompensation4.78M9.28M10.91M7.90M
AssetImpairmentCharge60.45M0.00
DepreciationAmortizationDepletion3.42M4.29M1.25M50.00K
DepreciationAndAmortization3.42M4.29M1.25M50.00K
OperatingGainsLosses-6.15M221.00K
GainLossOnInvestmentSecurities-6.15M283.00K
GainLossOnSaleOfPPE0.00-62.00K0.00
NetIncomeFromContinuingOperations-130.04M-116.66M-110.22M-92.29M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for TNXP
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