Tonix Pharmaceuticals Holding Corp. income statement
In fiscal 2025, Tonix Pharmaceuticals Holding Corp. reported revenue of $13.1m, up 29.8% on the year before, operating income of −$126m (a -959.1% margin) and net income of −$124m, or −$14.57 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Revenue | 8 | 10 | 13 | 29 |
| Cost of revenue | 5 | 8 | 7 | 5 |
| Gross profit | 3 | 2 | 6 | 24 |
| Research and development | 87 | 40 | 44 | 64 |
| Selling, general and administrative | 35 | 40 | 88 | 126 |
| Operating income | −118 | −137 | −126 | −165 |
| Interest expense | — | 1 | 0 | — |
| Provision for credit losses | — | — | 0 | — |
| Net income | −117 | −130 | −124 | −160 |
| Diluted EPS | −$14720.25 | −$176.60 | −$14.57 | — |
| Diluted shares (average) | — | — | 9m | — |
| EBITDA | −114 | −133 | −124 | −163 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 2 | 2 | 3 | 5 | 7 | 14 |
| Cost of revenue | 2 | 1 | 1 | 3 | 1 | 1 | 2 | 1 |
| Gross profit | 1 | 1 | 1 | −1 | 2 | 4 | 5 | 13 |
| Research and development | 9 | 8 | 7 | 11 | 9 | 17 | 18 | 19 |
| Selling, general and administrative | 8 | 16 | 10 | 16 | 26 | 36 | 29 | 36 |
| Operating income | −16 | −22 | −16 | −28 | −33 | −48 | −42 | −43 |
| Interest expense | 0 | 0 | — | — | — | 0 | — | — |
| Provision for credit losses | — | — | — | — | — | 0 | — | — |
| Net income | −14 | −22 | −17 | −28 | −32 | −47 | −40 | −41 |
| Diluted EPS | −$22.68 | $289.57 | −$2.84 | −$3.86 | −$3.59 | −$4.15 | −$2.93 | −$2.44 |
| EBITDA | −15 | −22 | −16 | −28 | −33 | −48 | −41 | −42 |
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