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Companies / Healthcare / TELA Bio, Inc.
TELA

TELA Bio, Inc.

HealthcareSurgical & Medical Instruments
Ticker TELAMALVERN, PAFiscal year ends DecemberBook value per share $-0.28Diluted shares 57.3M

Ovid Therapeutics Inc. (NASDAQ: OVID) operates as a commercial-stage medical technology company focused on soft-tissue reconstruction solutions. The company's website is located at www.ovidbio.com. Ovid develops and commercializes reinforced tissue matrices designed to optimize clinical outcomes by preserving and… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$80.28M
+15.8% year over year
Last 12 mo $79.91M
-42.05%
+7.2 percentage points
Last 12 mo -42.56%
$-38.83M
−2.6% year over year
Last 12 mo $-41.18M
-615.10%
−482.1 percentage points
Last 12 mo 259.54%
Cash & financing
$-28.22M
+32.2% year over year
Last 12 mo $-31.14M
$-28.67M
+32.7% year over year
Last 12 mo $-31.62M
8.82
Was 1.45× a year earlier
Last 12 mo -3.53
46.9M
+64.6% year over year
Last 12 mo 57.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TELA Bio, Inc. does

In the company’s own words

Ovid Therapeutics Inc. (NASDAQ: OVID) operates as a commercial-stage medical technology company focused on soft-tissue reconstruction solutions. The company's website is located at www.ovidbio.com. Ovid develops and commercializes reinforced tissue matrices designed to optimize clinical outcomes by preserving and restoring patients' own anatomy while minimizing long-term exposure to permanent synthetic materials.

The company's primary product portfolio consists of OviTex Reinforced Tissue Matrix and OviTex PRS Reinforced Tissue Matrix. OviTex addresses unmet needs in hernia repair and abdominal wall reconstruction by combining biologic matrices derived from ovine rumen with interwoven polymer fibers. The product is available in multiple configurations, including OviTex LPR for laparoscopic and robotic-assisted procedures and OviTex IHR specifically designed for inguinal hernia repairs. OviTex PRS serves plastic and reconstructive surgery applications, with three product configurations featuring two or three layers of ovine rumen tissue reinforced with permanent or resorbable polymers. The company also distributes complementary products including LIQUIFIX Hernia Mesh Fixation Devices through a distribution agreement with Advanced Medical Solutions Limited.

Ovid's revenue for the year ended December 31, 2025 was $80.3 million, with the vast majority generated from OviTex and OviTex PRS product sales in the United States, supplemented by European sales and other product revenues. The company operates primarily through a direct sales force concentrated in the U.S., with smaller sales representation in the United Kingdom and European Union, supplemented by independent contractors and distributors.

The company manufactures its products through an exclusive contract manufacturing relationship with Aroa Biosurgery Ltd., an FDA-registered and ISO 13485 compliant facility in Auckland, New Zealand. Ovid has established contracts with three national group purchasing organizations covering its primary products. The company estimates the annual U.S. total addressable market for OviTex products at approximately $1.8 billion and for OviTex PRS products at approximately $800 million. As of December 31, 2025, Ovid had accumulated losses of $397.6 million since inception.

Company details
Sector
Healthcare
Industry
Surgical & Medical Instruments
Headquarters
MALVERN, PA
Fiscal year end
December
CIK
1561921
SIC
3841

Financial performance, year by year

Fiscal 2019–2025 · USD
$-59.36M$-21.28M$16.81M$54.89M$92.97M2019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TELA Bio, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

10
funds hold it
0 of 35
superinvestors hold it
$1.68M
held by funds, at market
4.7%
of shares held by funds

Largest fund holders · TELA Bio, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
Jacob Small Cap Growth Fund
JSCGX · Jacob Funds Inc.
0.95%of fund net assets
Jacob Discovery Fund
JMCGX · Jacob Funds Inc.
0.48%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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