Financial Snapshot

Revenue
$421.0K
TTM
Gross Margin
78.82%
TTM
Net Earnings
-$36.02M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
82.67%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$4.125M
Q3 2024
Cash
Q3 2024
P/E
-0.9082
Nov 29, 2024 EST
Free Cash Flow
-$23.71M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

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

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

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

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

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

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

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

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

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

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

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

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

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

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $32.717 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/BC ARS Pharmaceuticals, Inc. XOMA Royalty Corp