Tenon Medical, Inc. (TNON) AI Dilution Summary

Cash was $1,677,000 at 2026-06-30 against estimated monthly burn of $1,006,667, and the company's funding channel is an active ATM with A.G.P./Alliance Global Partners authorised to $4,397,821. The most recent raise was a private placement closed 2026-08-31 ($2,999,404.59 gross, $2,789,447 net), and on 2026-09-09 the company repaid its senior convertible notes of approximately $5.16 million principal. Dilution here is driven primarily by that ATM.