xA0; Explanatory Note This Amendment No. xA0; Date: April 16, 2021 TENAX THERAPEUTICS, INC. Indirect costs are expensed as incurred. The values of these
awards are based upon their grant-date fair value. Lease expense is recognized on a straight-line basis over the expected lease term. Monthly principal and interest payments are deferred for sixteen months. ISOs
could be granted only to employees. NSOs could be granted to employees, consultants and directors. Financial Statements Supplementary Data" in the Original Annual Report. Except as described above, no other changes have been made to the Original Annual Report. Current Fiscal Year End Date --12-31 Is Entity a Well-known Seasoned Issuer? + ReferencesNo definition available. If there is no historical data in the report, use the filing date. Examples include taxes, interest, rent and utilities. Excludes cash and cash equivalents within disposal group and discontinued operation. This excludes temporary equity and is sometimes called permanent equity. Common stock represent the ownership interest in a corporation. May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Does not include preferred shares that have been repurchased. Includes selling, general and administrative expense. Actual results could differ from those estimates. Deferred financing costs related to debt are amortized over the life of the debt. All research and development expenses are expensed as incurred. The values of these awards are based upon their grant-date fair value. The following tables summarize the fair value of the Company's investments by type. X - ReferencesNo definition available. The PPP Loan has a two-year term and bears interest at a rate of 1.00% per annum. As of December 31, 2020, there were 2,360,313 March 2020 Warrants outstanding. ISOs may be granted only to employees. Stock options granted generally vest over three to four years. The Company has not paid and does not anticipate paying any dividends in the near future. Forfeitures were estimated based on the Company's historical experience. The Final Award was issued May 21, 2020 and held in favor of the Company. The 401(k) Plan is managed by a third-party trustee. Includes, but is not limited to, methodology and assumption used in measuring cost. Examples include, but are not limited to, desks, chairs, tables, and bookcases. M=K%4\'XS18!_N8 WR;_D.#(JE2C)(!/U^5O^N@\\=@7D(! =Y_:54=(H7&DI7-+-D*3)=*M+..RDLCU4\\:(O!$I"B[=.GL]R,%H6\\D^D4-L M7\'. A0#% @ (F04KFR\'Y+E P 0P M !@ ("! P\\X \'AL+W=O&PO=V]R:W-H965T&UL4$L! \'AL+W=O&PO=V]R:W-H965T&UL M4$L! LastAR=null,Show.showAR=function(a,r,w){if(Show.