NASDAQ$TNXP

Tonix Pharmaceuticals Holding Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Tonix reported financial results for the third quarter ended September 30, 2022 and provided an overview of recent operational highlights.

Tonix Pharmaceuticals reported a net loss of $29.0 million, or $0.69 per share, for the third quarter ended September 30, 2022. The company's cash and cash equivalents totaled approximately $140 million as of September 30, 2022. Tonix is advancing multiple programs within its pipeline, with several Phase 2 or 3 studies expected to be in the clinic by the first quarter of 2023.

  • Cash and cash equivalents totaled approximately $140 million at September 30, 2022.
  • A confirmatory Phase 3 study for fibromyalgia and a potentially pivotal Phase 2 study for Long COVID have commenced.
  • Interim data from TNX-102 SL studies in Fibromyalgia and Long COVID are expected in the second quarter of 2023.
  • Advanced Development Center in Dartmouth, Mass. and Infectious Disease Research and Development Facility in Frederick, Md. are operational.

Headline financials

EPS (adj)

-$137.92

Previous: -$320.00+56.9%
Capital Expenditures

$8.82M

Previous: $7.75M+13.8%
Free Cash Flow

-$32.4M

Previous: -$20.7M-56.3%
Net Income

-$29M

Previous: -$18.5M-56.5%
Operating Income

-$29.6M

Previous: -$18.5M-59.6%
Cash & Equivalents

$140M

Previous: $183M-23.5%
Total Assets

$243M

Previous: $215M+13.0%
Stock-Based Comp

$2.77M

Previous: $2.3M+20.1%

Revenue & EPS history

Tonix · Revenue · Quarterly

$6.88M

Q1 2026+183.2%vs Q1 2025
Beat estimate in 2 of 9 quarters(22%)
ActualEstimate

Forward guidance

Tonix expects R&D expenses to increase throughout the remainder of 2022 as it moves its clinical development programs forward and invests in its development pipeline.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-1.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

-12.7%

Avg return

30 days after

44%

23 / 52 earnings

Positive

+12.9%

Q1 2016

Best reaction

-31.7%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%+11.7%
Q4 2025+0.0%+19.1%-2.0%
Q3 2025-0.9%-6.5%+16.2%
Q1 2025+5.2%+45.9%+80.0%
Q4 2024-2.4%+48.6%-23.5%
Q3 2024+0.6%-7.1%+64.3%
Q2 2024-2.6%-21.7%-65.2%
Q1 2024+4.8%+17.6%-79.6%
Q4 2023+2.5%-10.5%-5.3%
Q3 2023-4.3%-6.1%-18.4%
Q2 2023+1.8%+1.1%-4.2%
Q1 2023-31.7%-40.6%-41.2%
Q4 2022+8.7%-3.2%-9.7%
Q3 2022+1.5%+4.4%-17.8%
Q2 2022-11.4%-11.4%-42.4%
Q1 2022-5.4%-7.1%-49.3%
Q4 2021-4.7%+9.1%-13.6%
Q3 2021+7.4%-1.8%-18.2%
Q2 2021+12.5%-1.4%-2.9%
Q1 2021-2.8%+0.0%+22.6%
Q4 2020+0.0%+14.2%-14.2%
Q3 2020-1.8%+10.7%+16.1%
Q2 2020-12.1%-12.1%-30.2%
Q1 2020-3.3%-2.8%-4.2%
Q4 2019-13.2%-14.1%-20.0%
Q3 2019-3.1%+0.8%-59.5%
Q2 2019+0.5%+0.0%+4.3%
Q1 2019-9.5%-18.0%-21.0%
Q4 2018-8.7%-19.4%-15.6%
Q3 2018-10.6%-18.5%-54.8%
Q2 2018-2.9%+15.2%-21.0%
Q1 2018+6.2%+11.6%+48.6%
Q4 2017-4.7%-1.1%-13.4%
Q3 2017-7.9%-2.2%+3.3%
Q1 2017+0.5%+4.9%+3.4%
Q4 2016-12.5%-10.9%-15.0%
Q3 2016+1.3%-4.5%-6.8%
Q2 2016+9.7%+23.7%-58.0%
Q1 2016+12.9%
Q4 2015-0.2%
Q3 2015-6.2%
Q2 2015+1.2%
Q1 2015+1.8%
Q4 2014+7.9%
Q3 2014-2.5%
Q2 2014+12.4%
Q1 2014-1.7%
Q4 2013+11.2%
Q3 2013+0.5%
Q2 2013
Q1 2013
Q3 2012
Q2 2012+4.7%
Q1 2012-12.0%
Q4 2012+0.0%
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2009
Q2 2010
Q1 2010

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