Quarterly report [Sections 13 or 15(d)]

SEGMENT INFORMATION AND CONCENTRATIONS (Tables)

v3.26.3
SEGMENT INFORMATION AND CONCENTRATIONS (Tables)
 9 Months Ended
Sep. 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 September 30,  
    (in thousands)  
    2026     2025     Change  
Research and development expenses:                        
Direct expenses – TNX-102 SL   $ 3,122     $ 33     $ 3,089  
Direct expenses – TNX-801     414       636       (222 )
Direct expenses – TNX-1500     2,601       1,887       714  
Direct expenses – TNX-1900     376       405       (29 )
Direct expenses – TNX-4200     1,039       306       733  
Direct expenses – TNX-4800     9,640       45       9,595  
Direct expenses – Other programs     796       168       628  
Internal staffing, overhead and other     7,836       5,809       2,027  
Total research & development   $ 25,824     $ 9,289     $ 16,535  

                   
    Nine Months Ended September 30,  
    (in thousands)  
    2026     2025     Change  
Research and development expenses:                        
Direct expenses – TNX-102 SL   $ 8,124     $ 2,530     $ 5,594  
Direct expenses – TNX-801     3,689       1,049       2,640  
Direct expenses – TNX-1500     7,508       3,271       4,237  
Direct expenses – TNX-1900     2,122       741       1,381  
Direct expenses – TNX-4200     1,621       730       891  
Direct expenses – TNX-4800     12,240       1,295       10,945  
Direct expenses – Other programs     3,733       1,823       1,910  
Internal staffing, overhead and other     24,417       16,106       8,311  
Total research & development   $ 63,454     $ 27,545     $ 35,909