NASDAQ : CLNN
Clene Inc. — Financial statements
Consumer Staples · Packaged Foods · United States
Last price 3.9 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 55.43M
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Financial statements
Clene Inc. (CLNN) reported revenue of 197.00K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 197.00K | 200.00K | 342.00K | 654.00K | 473.00K | 723.00K |
| Cost of Revenue | 59.00K | 43.00K | 70.00K | 121.00K | 26.00K | 289.00K |
| Gross Profit | 138.00K | 157.00K | 272.00K | 533.00K | 447.00K | 434.00K |
| Selling, General & Admin | 7.87M | 9.23M | 13.31M | 14.42M | 16.94M | 22.00M |
| Research & Development | 12.82M | 14.01M | 20.06M | 26.66M | 31.92M | 28.42M |
| Operating Expenses | 20.69M | 23.24M | 33.37M | 41.07M | 48.86M | 50.41M |
| Operating Income | -20.55M | -23.08M | -33.09M | -40.54M | -48.41M | -49.98M |
| Interest Expense | -2.88M | -2.68M | -4.06M | -4.56M | -3.30M | -870.00K |
| Interest & Investment Income | 182.00K | 223.00K | 865.00K | 1.39M | 225.00K | |
| Other Non Operating Income (Expenses) | -16.27M | -631.00K | -2.98M | -8.27M | 3.28M | 2.49M |
| EBT Excluding Unusual Items | -39.52M | -26.17M | -39.27M | -51.97M | -48.20M | -48.36M |
| Other Unusual Items | -129.00K | 2.47M | 18.28M | 38.19M | ||
| Pretax Income | -39.52M | -26.17M | -39.40M | -49.50M | -29.92M | -10.17M |
| Income Tax Expense | -428.00K | |||||
| Net Income | -39.52M | -26.17M | -39.40M | -49.50M | -29.92M | -9.74M |
| Net Income to Common | -39.52M | -26.17M | -39.40M | -49.50M | -29.92M | -9.74M |
| Shares Outstanding (Basic) | 11.28M | 9.86M | 6.95M | 5.25M | 3.26M | 3.08M |
| Shares Outstanding (Diluted) | 11.28M | 9.86M | 6.95M | 5.25M | 3.26M | 3.08M |
| EPS (Basic) | -3.50 | -2.65 | -5.67 | -9.43 | -9.18 | -3.16 |
| EPS (Diluted) | -3.50 | -2.65 | -5.67 | -9.43 | -9.18 | -3.16 |
| Free Cash Flow | -15.95M | -18.59M | -21.34M | -30.50M | -44.19M | -35.96M |
| Free Cash Flow Per Share | -1.41 | -1.89 | -3.07 | -5.81 | -13.55 | -11.68 |
| Gross Margin | 70.05% | 78.50% | 79.53% | 81.50% | 94.50% | 60.03% |
| Operating Margin | -10,431.98% | -11,541.50% | -9,676.32% | -6,198.78% | -10,234.46% | -6,912.59% |
| Profit Margin | -20,059.90% | -13,086.50% | -11,520.47% | -7,569.42% | -6,325.16% | -1,347.16% |
| Free Cash Flow Margin | -8,094.92% | -9,292.50% | -6,240.06% | -4,663.76% | -9,342.49% | -4,973.17% |
| EBITDA | -19.12M | -21.59M | -31.45M | -38.84M | -47.39M | -49.02M |
| D&A For EBITDA | 1.43M | 1.50M | 1.65M | 1.71M | 1.02M | 955.00K |
| EBIT | -20.55M | -23.08M | -33.09M | -40.54M | -48.41M | -49.98M |
| Revenue as Reported | 197.00K | 200.00K | 342.00K | 654.00K | 473.00K | 723.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 9.67M | 5.19M | 12.15M | 28.82M | 18.33M | 50.29M |
| Short-Term Investments | 6.18M | 4.98M | ||||
| Cash & Short-Term Investments | 9.67M | 5.19M | 12.15M | 35.00M | 23.32M | 50.29M |
| Accounts Receivable | 43.00K | 64.00K | 143.00K | 189.00K | 49.00K | |
| Other Receivables | 1.14M | 590.00K | 327.00K | 1.20M | 2.78M | 1.56M |
| Receivables | 1.18M | 590.00K | 391.00K | 1.34M | 2.97M | 1.61M |
| Inventory | 37.00K | 37.00K | 68.00K | 37.00K | 43.00K | 41.00K |
| Prepaid Expenses | 740.00K | 286.00K | 1.56M | |||
| Other Current Assets | 3.28M | 2.88M | 1.99M | 2.48M | 2.87M | 2.64M |
| Total Current Assets | 14.91M | 8.98M | 16.16M | 38.85M | 29.20M | 54.58M |
| Property, Plant & Equipment | 8.07M | 9.10M | 11.12M | 13.43M | 15.24M | 8.42M |
| Other Long-Term Assets | 58.00K | 58.00K | 58.00K | 58.00K | 58.00K | 58.00K |
| Total Assets | 23.04M | 18.13M | 27.34M | 52.34M | 44.49M | 63.06M |
| Accounts Payable | 1.14M | 892.00K | 1.24M | 1.50M | 3.01M | 1.92M |
| Accrued Expenses | 2.43M | 3.50M | 5.10M | 3.28M | 3.86M | 3.09M |
| Current Portion of Long-Term Debt | 413.00K | 4.07M | 359.00K | 19.50M | 6.42M | |
| Current Portion of Leases | 815.00K | 808.00K | 926.00K | 603.00K | 562.00K | 493.00K |
| Current Unearned Revenue | 49.00K | 1.51M | 2.67M | 438.00K | 520.00K | |
| Total Current Liabilities | 4.85M | 10.78M | 10.29M | 25.33M | 13.86M | 6.03M |
| Long-Term Debt | 18.31M | 13.54M | 15.43M | 7.15M | 19.25M | 19.08M |
| Long-Term Leases | 2.81M | 3.25M | 4.13M | 4.90M | 5.59M | 4.47M |
| Other Long-Term Liabilities | 21.85M | 8.16M | 6.34M | 1.57M | 2.56M | 20.89M |
| Total Liabilities | 47.82M | 35.72M | 36.19M | 38.95M | 41.26M | 50.47M |
| Common Stock | 1.00K | 1.00K | 1.00K | 1.00K | 7.00K | 6.00K |
| Additional Paid-In Capital | 304.82M | 290.53M | 273.19M | 255.91M | 196.25M | 175.66M |
| Retained Earnings | -329.81M | -308.30M | -282.12M | -242.72M | -193.22M | -163.30M |
| Comprehensive Income & Other | 208.00K | 172.00K | 71.00K | 199.00K | 203.00K | 233.00K |
| Total Common Equity | -24.78M | -17.59M | -8.86M | 13.39M | 3.24M | 12.60M |
| Shareholders' Equity | -24.78M | -17.59M | -8.86M | 13.39M | 3.24M | 12.60M |
| Total Liabilities & Equity | 23.04M | 18.13M | 27.34M | 52.34M | 44.49M | 63.06M |
| Total Debt | 22.34M | 21.67M | 20.84M | 32.16M | 31.82M | 24.04M |
| Net Cash (Debt) | -12.67M | -16.48M | -8.69M | 2.84M | -8.51M | 26.25M |
| Net Cash Per Share | -1.12 | -1.67 | -1.25 | 0.54 | -2.61 | 8.53 |
| Filing Date Shares Outstanding | 12.85M | 11.78M | 8.59M | 6.42M | 3.85M | 3.16M |
| Total Common Shares Outstanding | 12.78M | 10.85M | 8.09M | 6.42M | 3.74M | 3.12M |
| Working Capital | 10.06M | -1.80M | 5.87M | 13.52M | 15.34M | 48.56M |
| Book Value Per Share | -1.94 | -1.62 | -1.09 | 2.09 | 0.87 | 4.04 |
| Tangible Book Value | -24.78M | -17.59M | -8.86M | 13.39M | 3.24M | 12.60M |
| Tangible Book Value Per Share | -1.94 | -1.62 | -1.09 | 2.09 | 0.87 | 4.04 |
| Machinery | 3.64M | 3.64M | 3.62M | 3.63M | 3.70M | 3.07M |
| Construction In Progress | 1.30M | 1.30M | 1.30M | 1.44M | 5.44M | 1.82M |
| Leasehold Improvements | 9.98M | 9.98M | 9.98M | 9.98M | 5.68M | 3.94M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -39.52M | -26.17M | -39.40M | -49.50M | -29.92M | -9.74M |
| Depreciation & Amortization | 1.43M | 1.50M | 1.65M | 1.71M | 1.02M | 955.00K |
| Other Amortization | 1.06M | 1.03M | 1.14M | 1.15M | 863.00K | 336.00K |
| Loss (Gain) From Sale of Assets | 154.00K | |||||
| Loss (Gain) From Sale of Investments | 2.00K | |||||
| Stock-Based Compensation | 5.42M | 6.38M | 7.95M | 9.12M | 8.51M | 12.38M |
| Other Operating Activities | 18.35M | 2.08M | 3.97M | 7.55M | -17.95M | -39.56M |
| Change in Accounts Receivable | -43.00K | 64.00K | 79.00K | 46.00K | -140.00K | -28.00K |
| Change in Inventory | 42.00K | 31.00K | -31.00K | 6.00K | -2.00K | 150.00K |
| Change in Accounts Payable | 314.00K | -348.00K | -264.00K | -1.51M | 285.00K | 1.27M |
| Change in Income Taxes | -164.00K | |||||
| Change in Other Net Operating Assets | -2.97M | -3.10M | 3.43M | 1.27M | -1.68M | 38.00K |
| Operating Cash Flow | -15.91M | -18.55M | -21.33M | -30.17M | -39.01M | -34.62M |
| Capital Expenditures | -40.00K | -39.00K | -15.00K | -330.00K | -5.18M | -1.33M |
| Investment in Securities | 6.33M | -1.17M | -4.99M | |||
| Investing Cash Flow | -40.00K | -39.00K | 6.32M | -1.50M | -10.16M | -1.33M |
| Long-Term Debt Issued | 1.50M | 9.92M | 350.00K | 5.70M | 20.00M | |
| Long-Term Debt Repaid | -384.00K | -20.82M | -81.00K | -135.00K | -157.00K | |
| Net Debt Issued (Repaid) | 1.10M | 1.12M | -10.90M | 269.00K | 5.56M | 19.84M |
| Issuance of Common Stock | 17.17M | 10.40M | 9.37M | 42.09M | 11.77M | 9.70M |
| Other Financing Activities | -200.00K | -81.00K | -2.44M | |||
| Financing Cash Flow | 18.27M | 11.52M | -1.53M | 42.16M | 17.25M | 27.11M |
| Foreign Exchange Rate Adjustments | 58.00K | 101.00K | -127.00K | -4.00K | -30.00K | -85.00K |
| Net Cash Flow | 2.39M | -6.97M | -16.67M | 10.49M | -31.96M | -8.93M |
| Free Cash Flow | -15.95M | -18.59M | -21.34M | -30.50M | -44.19M | -35.96M |
| Free Cash Flow Margin | -8,094.92% | -9,292.50% | -6,240.06% | -4,663.76% | -9,342.49% | -4,973.17% |
| Free Cash Flow Per Share | -1.41 | -1.89 | -3.07 | -5.81 | -13.55 | -11.68 |
| Levered Free Cash Flow | -9.87M | -10.14M | -8.87M | -16.17M | -27.34M | -25.77M |
| Unlevered Free Cash Flow | -9.14M | -9.49M | -7.47M | -14.47M | -26.14M | -25.56M |
| Cash Interest Paid | 463.00K | 1.04M | 2.61M | 3.06M | 2.32M | 1.09M |
| Change in Working Capital | -2.66M | -3.35M | 3.21M | -191.00K | -1.54M | 1.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 54.09M | 60.66M | 42.37M | 38.09M | 73.82M | 255.03M |
| Enterprise Value | 66.77M | 74.05M | 50.61M | 27.89M | 84.40M | 218.26M |
| Last Close Price | 3.83 | 5.87 | 5.31 | 5.93 | 20.00 | 82.00 |
| PS Ratio | 276.34 | 303.30 | 123.90 | 58.24 | 156.07 | 352.75 |
| PB Ratio | -3.45 | -4.78 | 2.85 | 22.80 | 20.25 | |
| P/TBV Ratio | 2.85 | 22.80 | 20.25 | |||
| EV/Sales Ratio | 340.67 | 370.24 | 147.98 | 42.65 | 178.43 | 301.88 |
| Debt / Equity Ratio | -0.90 | -1.23 | -2.35 | 2.40 | 9.83 | 1.91 |
| Net Debt / Equity Ratio | -0.51 | -0.94 | -0.98 | -0.21 | 2.63 | -2.08 |
| Net Debt / EBITDA Ratio | -0.66 | -0.76 | -0.28 | 0.07 | -0.18 | 0.54 |
| Net Debt / FCF Ratio | -0.80 | -0.89 | -0.41 | 0.09 | -0.19 | 0.73 |
| Asset Turnover | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Inventory Turnover | 1.02 | 0.82 | 1.33 | 3.02 | 0.62 | 2.49 |
| Quick Ratio | 2.24 | 0.54 | 1.22 | 1.44 | 1.90 | 8.61 |
| Current Ratio | 3.07 | 0.83 | 1.57 | 1.53 | 2.11 | 9.06 |
| Return on Equity (ROE) | -1,738.36% | -595.47% | -377.90% | -150.56% | ||
| Return on Assets (ROA) | -56.88% | -63.46% | -51.92% | -52.33% | -56.26% | -47.58% |
| Return on Capital Employed (ROCE) | -113.00% | -313.80% | -194.10% | -150.10% | -158.00% | -87.60% |
| Earnings Yield | -92.07% | -43.15% | -92.98% | -129.97% | -40.53% | -3.82% |
| FCF Yield | -29.29% | -30.64% | -50.37% | -80.08% | -59.86% | -14.10% |
| Buyback Yield / Dilution | -35.38% | -41.77% | -32.54% | -60.94% | -5.92% | -251.68% |