Tenax Therapeutics, Inc. cash flow statement

In fiscal 2025, Tenax Therapeutics, Inc.'s operations generated −$35.8m of cash; it spent $0 on capital projects, leaving free cash flow of −$35.8m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Tenax Therapeutics, Inc.: cash flow statement, annual
Fiscal year	2011Apr 2011	2012Apr 2012	2013Apr 2013	2014Apr 2014	2015Apr 2015	2016Dec 2016	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash from operations	−8	−8	−5	−9	−10	−16	−15	−36	−46
Depreciation and amortisation	0	0	0	0	0	0	0	—	—
Stock-based pay	0	0	0	1	0	0	1	19	16
Capital spending	0	0	0	0	0	0	0	0	0
Free cash flow	−9	−8	−5	−9	−10	−16	−15	−36	−46
Free cash flow after stock pay	−9	−8	−5	−10	−10	−16	−16	−55	−62
Shares issued	5	9	—	62	1	0	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Tenax Therapeutics, Inc.: cash flow statement, quarterly
Quarter	2014 Q3Oct 2014	2015 Q1Jan 2015	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Cash from operations	−3	—	−7	−6	−9	−13	−9	−14
Depreciation and amortisation	0	—	—	—	—	—	—	—
Stock-based pay	0	—	4	5	6	5	3	3
Capital spending	0	0	0	0	0	0	0	0
Free cash flow	−3	—	−7	−6	−9	−13	−9	−14
Free cash flow after stock pay	−3	—	−11	−11	−15	−18	−12	−17
Shares issued	0	—	—	—	—	—	—	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

More: Health Care sector, rankings of US companies

Figures from Tenax Therapeutics, Inc.'s SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Tenax Therapeutics, Inc.