Financial Snapshot

Revenue
$442.0K
TTM
Gross Margin
81.21%
TTM
Net Earnings
-$30.46M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
99.43%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$504.0K
Q2 2024
Cash
Q2 2024
P/E
-1.066
Sep 18, 2024 EST
Free Cash Flow
-$27.49M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $654.0K $473.0K $723.0K $206.0K $0.00 $0.00 $0.00
YoY Change 38.27% -34.58% 250.97%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $654.0K $473.0K $723.0K $206.0K $0.00 $0.00 $0.00
Cost Of Revenue $121.0K $26.00K $289.0K $70.00K
Gross Profit $533.0K $447.0K $434.0K $140.0K
Gross Profit Margin 81.5% 94.5% 60.03% 67.96%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $14.15M $16.71M $21.90M $5.050M $590.0K $320.0K $0.00
YoY Change -15.3% -23.7% 333.58% 755.93% 84.38%
% of Gross Profit 2654.97% 3737.58% 5045.16% 3607.14%
Research & Development $25.22M $31.92M $28.42M $15.20M
YoY Change -21.0% 12.33% 86.9%
% of Gross Profit 4731.14% 7140.94% 6547.47% 10860.0%
Depreciation & Amortization $1.705M $1.019M $955.0K $963.0K
YoY Change 67.32% 6.7% -0.83%
% of Gross Profit 319.89% 227.96% 220.05% 687.86%
Operating Expenses $41.07M $31.92M $50.70M $20.42M $590.0K $320.0K $0.00
YoY Change 28.67% -37.04% 148.29% 3361.02% 84.38%
Operating Profit -$40.54M -$48.41M -$49.98M -$20.21M
YoY Change -16.26% -3.14% 147.24%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense -$1.313M $12.54M $870.0K $950.0K $860.0K $340.0K
YoY Change -110.47% 1341.38% -8.42% 10.47% 152.94%
% of Operating Profit
Other Income/Expense, Net -$7.651M $18.49M $39.81M $1.343M
YoY Change -141.38% -53.55% 2864.26%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$49.50M -$29.92M -$10.17M -$18.87M $270.0K $20.00K $0.00
YoY Change 65.47% 194.24% -46.12% -7089.26% 1250.0%
Income Tax $0.00 $0.00 -$428.0K $406.0K $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings -$49.50M -$29.92M -$9.740M -$19.28M -$16.16M $20.00K $0.00
YoY Change 65.47% 207.17% -49.47% 19.33% -80875.0%
Net Earnings / Revenue -7569.42% -6325.16% -1347.16% -9357.77%
Basic Earnings Per Share -$0.47 -$0.46 -$0.16
Diluted Earnings Per Share -$0.47 -$0.46 -$158.2K -$1.102M $128.0K $14.71K $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $35.00M $23.32M $50.29M $59.28M $430.0K $740.0K $0.00
YoY Change 50.12% -53.64% -15.17% 13686.05% -41.89%
Cash & Equivalents
Short-Term Investments $6.179M $4.983M
Other Short-Term Assets $2.477M $2.871M $2.641M $1.350M $50.00K $50.00K $100.0K
YoY Change -13.72% 8.71% 95.63% 2600.0% 0.0% -50.0%
Inventory $37.00K $43.00K $41.00K $190.0K
Prepaid Expenses
Receivables $143.0K $189.0K $49.00K $20.00K
Other Receivables $1.195M $2.777M $1.564M $2.150M
Total Short-Term Assets $38.85M $29.20M $54.58M $62.99M $480.0K $790.0K $100.0K
YoY Change 33.08% -46.51% -13.35% 13022.92% -39.24% 690.0%
Property, Plant & Equipment $13.43M $15.24M $8.422M $5.250M
YoY Change -11.87% 80.95% 60.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $58.00K $58.00K $58.00K $48.30M $46.37M
YoY Change 0.0% 0.0% 4.16%
Total Long-Term Assets $13.49M $15.30M $8.480M $5.250M $48.30M $46.37M $0.00
YoY Change -11.83% 80.4% 61.52% -89.13% 4.16%
Total Assets $52.34M $44.49M $63.06M $68.24M $48.78M $47.16M $100.0K
YoY Change
Accounts Payable $1.504M $3.014M $1.923M $1.120M
YoY Change -50.1% 56.73% 71.7%
Accrued Expenses $4.296M $4.351M $3.957M $4.150M $110.0K $120.0K $0.00
YoY Change -1.26% 9.96% -4.65% 3672.73% -8.33%
Deferred Revenue
YoY Change
Short-Term Debt $4.876M $0.00 $0.00 $0.00 $920.0K $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $14.65M $6.492M $146.0K $190.0K
YoY Change 125.72% 4346.58% -23.16%
Total Short-Term Liabilities $25.33M $13.86M $6.026M $11.67M $1.420M $220.0K $100.0K
YoY Change 82.8% 129.95% -48.36% 721.83% 545.45% 120.0%
Long-Term Debt $7.152M $19.29M $19.18M $2.150M $0.00 $0.00 $0.00
YoY Change -62.92% 0.56% 792.05%
Other Long-Term Liabilities $6.469M $8.112M $25.26M $53.82M $1.840M $1.840M
YoY Change -20.25% -67.89% -53.06% 2825.0% 0.0%
Total Long-Term Liabilities $13.62M $27.40M $44.44M $55.97M $1.840M $1.840M $0.00
YoY Change -50.29% -38.35% -20.6% 2941.85% 0.0%
Total Liabilities $38.95M $41.26M $50.47M $67.90M $3.260M $2.060M $100.0K
YoY Change -5.59% -18.25% -25.68% 1982.82% 58.25% 1960.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 104.9M 65.20M 61.56M
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $32.48 Million

About Clene Inc.

Clene Inc. is a US-based company operating in Biotechnology industry. The company is headquartered in Salt Lake City, Utah and currently employs 82 full-time employees. The company went IPO on 2018-08-27. Clene Inc. is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis, Parkinson's disease and multiple sclerosis. The company specializes in the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its CNM-Au8 is an investigational first-in-class therapy that improves central nervous system cells' survival and function via a mechanism that targets mitochondrial function and the nicotinamide adenine dinucleotide pathway while reducing oxidative stress. Its CNM-ZnAg is a broad-spectrum antiviral, antibacterial agent comprised of zinc (Zn2+) and silver (Ag+) ions under development to treat infectious disease and to provide immune support for symptom resolution. Its CNM-AgZn17 is a gel polymer suspension of Zn2+ and Ag+ under development for treatment of infectious diseases and to support wound healing.

Industry: Pharmaceutical Preparations Peers: Actinium Pharmaceuticals Inc Acumen Pharmaceuticals Inc Fennec Pharmaceuticals Inc Lineage Cell Therapeutics Inc Compass Therapeutics Inc. Gritstone bio Inc VBI Vaccines Inc ARS Pharmaceuticals Inc XOMA Royalty Corp