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Tonix Pharmaceuticals Holding Corp.（TNXP）与TON Strategy Co（TONX）财务数据对比。点击上方公司名可切换其他公司
TON Strategy Co的季度营收约是Tonix Pharmaceuticals Holding Corp.的1.1倍（$5.7M vs $5.4M），Tonix Pharmaceuticals Holding Corp.净利率更高（-870.3% vs -3968.6%，领先3098.2%），TON Strategy Co同比增速更快（694.2% vs 108.8%），TON Strategy Co自由现金流更多（$-8.0M vs $-41.5M），过去两年Tonix Pharmaceuticals Holding Corp.的营收复合增速更高（47.4% vs 46.1%）
Tonix Pharmaceuticals是一家总部位于美国新泽西州查塔姆的制药企业，核心业务聚焦于中枢神经系统疾病适应症的再利用药物开发，截至2020年，该公司同时还在开展新冠疫苗研发以及一个生物防御相关项目。
TNXP vs TONX — 直观对比
营收规模更大
TONX
是对方的1.1倍
$5.4M
营收增速更快
TONX
高出585.4%
108.8%
净利率更高
TNXP
高出3098.2%
-3968.6%
自由现金流更多
TONX
多$33.5M
$-41.5M
两年增速更快
TNXP
近两年复合增速
46.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4M | $5.7M |
| 净利润 | $-46.9M | $-227.9M |
| 毛利率 | 80.4% | 64.3% |
| 营业利润率 | -895.8% | -159.2% |
| 净利率 | -870.3% | -3968.6% |
| 营收同比 | 108.8% | 694.2% |
| 净利润同比 | -112.2% | -7047.9% |
| 每股收益（稀释后） | $-4.28 | $-3.89 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收TNXPTONX
| Q4 25 | $5.4M | $5.7M | ||
| Q3 25 | $3.3M | $3.6M | ||
| Q2 25 | $2.0M | $2.1M | ||
| Q1 25 | $2.4M | $1.3M | ||
| Q4 24 | $2.6M | $723.0K | ||
| Q3 24 | $2.8M | — | ||
| Q2 24 | $2.2M | — | ||
| Q1 24 | $2.5M | — |
净利润TNXPTONX
| Q4 25 | $-46.9M | $-227.9M | ||
| Q3 25 | $-32.0M | $84.3M | ||
| Q2 25 | $-28.3M | $-2.4M | ||
| Q1 25 | $-16.8M | $-2.6M | ||
| Q4 24 | $-22.1M | $-3.2M | ||
| Q3 24 | $-14.2M | — | ||
| Q2 24 | $-78.8M | — | ||
| Q1 24 | $-14.9M | — |
毛利率TNXPTONX
| Q4 25 | 80.4% | 64.3% | ||
| Q3 25 | 58.4% | 75.4% | ||
| Q2 25 | -63.8% | 71.2% | ||
| Q1 25 | 61.2% | 73.4% | ||
| Q4 24 | 54.2% | 81.5% | ||
| Q3 24 | 44.9% | — | ||
| Q2 24 | -52.5% | — | ||
| Q1 24 | 33.1% | — |
营业利润率TNXPTONX
| Q4 25 | -895.8% | -159.2% | ||
| Q3 25 | -1005.1% | -601.5% | ||
| Q2 25 | -1416.2% | -138.2% | ||
| Q1 25 | -660.9% | -203.8% | ||
| Q4 24 | -870.6% | -513.1% | ||
| Q3 24 | -551.2% | — | ||
| Q2 24 | -3501.6% | — | ||
| Q1 24 | -860.2% | — |
净利率TNXPTONX
| Q4 25 | -870.3% | -3968.6% | ||
| Q3 25 | -972.9% | 2336.8% | ||
| Q2 25 | -1415.0% | -111.9% | ||
| Q1 25 | -692.8% | -196.5% | ||
| Q4 24 | -856.2% | -440.9% | ||
| Q3 24 | -503.6% | — | ||
| Q2 24 | -3567.8% | — | ||
| Q1 24 | -601.9% | — |
每股收益（稀释后）TNXPTONX
| Q4 25 | $-4.28 | $-3.89 | ||
| Q3 25 | $-3.59 | $2.23 | ||
| Q2 25 | $-3.86 | $-1.79 | ||
| Q1 25 | $-2.84 | $-2.51 | ||
| Q4 24 | $2302.65 | $10.41 | ||
| Q3 24 | $-22.68 | — | ||
| Q2 24 | $-1920.85 | — | ||
| Q1 24 | $-535.72 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $207.6M | $39.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $245.2M | $406.5M |
| 总资产 | $277.2M | $411.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资TNXPTONX
| Q4 25 | $207.6M | $39.5M | ||
| Q3 25 | $190.1M | $53.9M | ||
| Q2 25 | $125.3M | $10.4M | ||
| Q1 25 | $131.7M | $12.2M | ||
| Q4 24 | $98.8M | $12.5M | ||
| Q3 24 | $28.2M | — | ||
| Q2 24 | $4.2M | — | ||
| Q1 24 | $7.0M | — |
总债务TNXPTONX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.7M | — | ||
| Q3 24 | $9.4M | — | ||
| Q2 24 | $10.1M | — | ||
| Q1 24 | $10.8M | — |
股东权益TNXPTONX
| Q4 25 | $245.2M | $406.5M | ||
| Q3 25 | $231.1M | $639.1M | ||
| Q2 25 | $168.0M | $19.4M | ||
| Q1 25 | $180.4M | $14.6M | ||
| Q4 24 | $139.6M | $16.2M | ||
| Q3 24 | $74.2M | — | ||
| Q2 24 | $42.1M | — | ||
| Q1 24 | $108.1M | — |
总资产TNXPTONX
| Q4 25 | $277.2M | $411.2M | ||
| Q3 25 | $252.4M | $661.9M | ||
| Q2 25 | $187.4M | $23.7M | ||
| Q1 25 | $192.9M | $18.4M | ||
| Q4 24 | $162.9M | $20.6M | ||
| Q3 24 | $95.0M | — | ||
| Q2 24 | $70.3M | — | ||
| Q1 24 | $135.3M | — |
负债/权益比TNXPTONX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.24× | — | ||
| Q1 24 | 0.10× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-39.6M | $-8.0M |
| 自由现金流经营现金流 - 资本支出 | $-41.5M | $-8.0M |
| 自由现金流率自由现金流/营收 | -770.4% | -139.3% |
| 资本支出强度资本支出/营收 | 34.8% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-103.2M | $-20.9M |
8季度趋势，按日历期对齐
经营现金流TNXPTONX
| Q4 25 | $-39.6M | $-8.0M | ||
| Q3 25 | $-28.8M | $-9.4M | ||
| Q2 25 | $-14.8M | $-2.3M | ||
| Q1 25 | $-16.6M | $-1.1M | ||
| Q4 24 | $-14.6M | $-1.9M | ||
| Q3 24 | $-18.8M | — | ||
| Q2 24 | $-9.9M | — | ||
| Q1 24 | $-17.6M | — |
自由现金流TNXPTONX
| Q4 25 | $-41.5M | $-8.0M | ||
| Q3 25 | $-29.7M | $-9.4M | ||
| Q2 25 | $-15.4M | $-2.3M | ||
| Q1 25 | $-16.6M | $-1.1M | ||
| Q4 24 | $-14.6M | $-2.0M | ||
| Q3 24 | $-18.8M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $-17.7M | — |
自由现金流率TNXPTONX
| Q4 25 | -770.4% | -139.3% | ||
| Q3 25 | -904.1% | -261.4% | ||
| Q2 25 | -768.8% | -107.8% | ||
| Q1 25 | -682.8% | -87.0% | ||
| Q4 24 | -566.7% | -279.9% | ||
| Q3 24 | -666.5% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -712.4% | — |
资本支出强度TNXPTONX
| Q4 25 | 34.8% | 0.1% | ||
| Q3 25 | 29.2% | 0.4% | ||
| Q2 25 | 26.4% | 0.1% | ||
| Q1 25 | 0.2% | 5.1% | ||
| Q4 24 | 0.1% | 22.1% | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 4.4% | — |
现金转化率TNXPTONX
| Q4 25 | — | — | ||
| Q3 25 | — | -0.11× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
TNXP
| Zembrace Symtouch | $3.1M | 58% |
| Other | $2.3M | 42% |
TONX
| Market Live | $4.8M | 83% |
| Other | $960.0K | 17% |
