Quarterly report [Sections 13 or 15(d)]

SEGMENT INFORMATION AND CONCENTRATIONS (Tables)

v3.26.1
SEGMENT INFORMATION AND CONCENTRATIONS (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Information about significant segment expenses regularly provided to the CODM is as follows (in thousands):

Information about significant segment expenses regularly provided to the CODM is as follows (in thousands):

 

                         
    Three Months Ended June 30,  
    (in thousands)  
    2026     2025     Change  
Research and development expenses:                        
Direct expenses – TNX – 102 SL   $ 3,524     $ 1,463     $ 2,061  
Direct expenses – TNX – 801     2,215       95       2,120  
Direct expenses – TNX – 1500     630       1,003       (373 )
Direct expenses – TNX – 1900     870       200       670  
Direct expenses – TNX – 4800     1,206       1,250       (44 )
Direct expenses – Other programs     2,424       1,626       798  
Internal staffing, overhead and other     8,548       5,183       3,365  
Total research & development   $ 19,417     $ 10,820     $ 8,597  

 

             
    Six Months Ended June 30,
    (in thousands)
    2026   2025   Change
Research and development expenses:            
Direct expenses – TNX - 102 SL   $ 5,002     $ 2,498     $ 2,504  
Direct expenses – TNX -  801     3,275       413       2,862  
Direct expenses – TNX - 1500     4,907       1,385       3,522  
Direct expenses – TNX - 1900     1,761       336       1,425  
Direct expenses – TNX - 4800     2,600       1,250       1,350  
Direct expenses – Other programs     3,520       2,078       1,442  
Internal staffing, overhead and other     16,565       10,296       6,269  
Total research & development   $ 37,630     $ 18,256     $ 19,374