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Healthcare - Biotechnology - NASDAQ - US
$ 4.53
-3.41 %
$ 36.1 M
Market Cap
-1.52
P/E
1. INTRINSIC VALUE

Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its lead drug is CNM-Au8, which is being studied in various clinical trials, including a Phase 2/3 registrational clinical trial for patients with amyotrophic lateral sclerosis (ALS); completed Phase 2 proof of concept clinical trial in patients with early symptomatic ALS; completed two open-label investigator blinded Phase 2 clinical trials on the brain's energy metabolites; ongoing Phase 2 clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing Multiple Sclerosis; and a planned Phase 2 clinical trial for the treatment of patients with Parkinson's Diseases.[ Read More ]

The intrinsic value of one CLNN stock under the base case scenario is HIDDEN Compared to the current market price of 4.53 USD, Clene Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CLNN

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FINANCIALS
654 K REVENUE
38.27%
-40.5 M OPERATING INCOME
10.57%
-49.5 M NET INCOME
-65.47%
-30.2 M OPERATING CASH FLOW
22.66%
-1.5 M INVESTING CASH FLOW
85.25%
42.2 M FINANCING CASH FLOW
144.44%
87 K REVENUE
-4.40%
-7.82 M OPERATING INCOME
-5.74%
-7.99 M NET INCOME
-17.70%
-3.02 M OPERATING CASH FLOW
52.47%
-2.07 K INVESTING CASH FLOW
-0.03%
-4.07 M FINANCING CASH FLOW
-14521.43%
Balance Sheet Decomposition Clene Inc.
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Current Assets 38.9 M
Cash & Short-Term Investments 35 M
Receivables 1.34 M
Other Current Assets 2.51 M
Non-Current Assets 13.5 M
Long-Term Investments 0
PP&E 13.4 M
Other Non-Current Assets 58 K
Current Liabilities 25.3 M
Accounts Payable 1.5 M
Short-Term Debt 20.7 M
Other Current Liabilities 3.12 M
Non-Current Liabilities 13.6 M
Long-Term Debt 12.1 M
Other Non-Current Liabilities 1.57 M
EFFICIENCY
Earnings Waterfall Clene Inc.
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Revenue 654 K
Cost Of Revenue 121 K
Gross Profit 533 K
Operating Expenses 41.1 M
Operating Income -40.5 M
Other Expenses 8.96 M
Net Income -49.5 M
RATIOS
81.50% GROSS MARGIN
81.50%
-6198.78% OPERATING MARGIN
-6198.78%
-7569.42% NET MARGIN
-7569.42%
-369.71% ROE
-369.71%
-94.58% ROA
-94.58%
-99.73% ROIC
-99.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Clene Inc.
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Net Income -49.5 M
Depreciation & Amortization 1.7 M
Capital Expenditures -330 K
Stock-Based Compensation 9.12 M
Change in Working Capital -191 K
Others 9.97 M
Free Cash Flow -30.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Clene Inc.
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CLNN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Clene Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
22.5 K USD 1
9-12 MONTHS
0 USD 0
Bought
583 K USD 3
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Sep 30, 2024
Bought 438 K USD
MATLIN DAVID J
Director
+ 92307
4.75 USD
1 month ago
Sep 30, 2024
Bought 97.4 K USD
Mortenson Mark
Chief Science Officer
+ 20512
4.75 USD
1 month ago
Sep 30, 2024
Bought 47.5 K USD
Etherington Robert Dee
Chief Executive Officer
+ 10000
4.75 USD
6 months ago
Apr 30, 2024
Sell 5.42 K USD
General Resonance LLC
10 percent owner
- 13000
0.4166 USD
6 months ago
May 01, 2024
Sell 5.15 K USD
General Resonance LLC
10 percent owner
- 13000
0.396 USD
6 months ago
Apr 24, 2024
Sell 3.28 K USD
General Resonance LLC
10 percent owner
- 10000
0.3278 USD
7 months ago
Apr 09, 2024
Sell 2.9 K USD
General Resonance LLC
10 percent owner
- 7500
0.3864 USD
7 months ago
Apr 09, 2024
Sell 2.9 K USD
General Resonance LLC
10 percent owner
- 7500
0.3871 USD
7 months ago
Apr 09, 2024
Sell 2.87 K USD
General Resonance LLC
10 percent owner
- 7500
0.3831 USD
1 year ago
Nov 10, 2023
Bought 103 K USD
MATLIN DAVID J
Director
+ 250002
0.41 USD
1 year ago
Jun 16, 2023
Bought 6 M USD
Ugwumba Chidozie
10 percent owner
+ 7500000
0.8 USD
1 year ago
Jun 26, 2023
Bought 253 K USD
Stevens John Henry
Director
+ 316455
0.8 USD
1 year ago
Jun 26, 2023
Bought 20.2 K USD
Etherington Robert Dee
Chief Executive Officer
+ 25000
0.81 USD
1 year ago
Jun 16, 2023
Bought 1.92 M USD
Mosca Alison
Director
+ 2394375
0.8 USD
1 year ago
Jun 16, 2023
Bought 84.5 K USD
Gay Jonathon
Director
+ 105625
0.8 USD
1 year ago
Jun 16, 2023
Bought 1.2 M USD
MATLIN DAVID J
Director
+ 1500000
0.8 USD
2 years ago
Nov 02, 2022
Bought 2.9 M USD
MATLIN DAVID J
Director
+ 2871287
1.01 USD
2 years ago
Nov 02, 2022
Bought 1 M USD
Gay Jonathon
Director
+ 990099
1.01 USD
2 years ago
Nov 02, 2022
Bought 1 M USD
Ugwumba Chidozie
Director
+ 990099
1.01 USD
2 years ago
Nov 02, 2022
Bought 800 K USD
Mosca Alison
Director
+ 792079
1.01 USD
2 years ago
Nov 02, 2022
Bought 150 K USD
Stevens John Henry
Director
+ 148515
1.01 USD
2 years ago
Aug 17, 2022
Bought 183 K USD
Stevens John Henry
director:
+ 47662
3.85 USD
2 years ago
Jul 18, 2022
Sell 111 K USD
Etherington Robert Dee
director: Chief Executive Officer
- 23483
4.72 USD
2 years ago
Jun 16, 2022
Bought 187 K USD
MATLIN DAVID J
director:
+ 74610
2.51 USD
2 years ago
Jun 16, 2022
Sell 50 K USD
Mortenson Mark
director: Chief Science Officer
- 20247
2.47 USD
2 years ago
Jun 15, 2022
Bought 13.1 K USD
Mosca Alison
director:
+ 5000
2.62 USD
2 years ago
Jun 14, 2022
Bought 120 K USD
MATLIN DAVID J
director:
+ 45000
2.66 USD
2 years ago
Jun 13, 2022
Bought 168 K USD
MATLIN DAVID J
director:
+ 55000
3.06 USD
2 years ago
Jun 03, 2022
Bought 24.6 K USD
MATLIN DAVID J
director:
+ 10000
2.46 USD
2 years ago
May 27, 2022
Bought 79.4 K USD
MATLIN DAVID J
director:
+ 35000
2.27 USD
2 years ago
May 16, 2022
Sell 400 K USD
General Resonance LLC
director:
- 181818
2.2 USD
2 years ago
May 16, 2022
Bought 400 K USD
MATLIN DAVID J
director:
+ 181818
2.2 USD
2 years ago
May 16, 2022
Sell 9.58 K USD
Glanzman Robert
director: Chief Medical Officer
- 4717
2.03 USD
2 years ago
May 16, 2022
Bought 20.8 K USD
Gay Jonathon
director:
+ 10000
2.08 USD
2 years ago
Apr 21, 2022
Sell 400 K USD
General Resonance LLC
director:
- 132891
3.01 USD
2 years ago
Apr 20, 2022
Bought 400 K USD
MATLIN DAVID J
director:
+ 132891
3.01 USD
2 years ago
Mar 28, 2022
Bought 27.9 K USD
MATLIN DAVID J
director:
+ 8648
3.23 USD
2 years ago
Mar 23, 2022
Bought 58.8 K USD
MATLIN DAVID J
director:
+ 20000
2.94 USD
2 years ago
Mar 18, 2022
Bought 102 K USD
MATLIN DAVID J
director:
+ 35000
2.9 USD
2 years ago
Feb 01, 2022
Sell 300 K USD
General Resonance LLC
10 percent owner
- 101352
2.96 USD
2 years ago
Feb 01, 2022
Bought 300 K USD
MATLIN DAVID J
+ 101352
2.96 USD
2 years ago
Dec 10, 2021
Bought 73 K USD
MATLIN DAVID J
+ 15000
4.87 USD
2 years ago
Dec 09, 2021
Bought 200 K USD
MATLIN DAVID J
+ 40000
5 USD
2 years ago
Dec 08, 2021
Bought 24.6 K USD
MATLIN DAVID J
+ 5000
4.93 USD
3 years ago
Nov 16, 2021
Bought 105 K USD
MATLIN DAVID J
+ 20000
5.26 USD
3 years ago
Nov 15, 2021
Bought 85.6 K USD
MATLIN DAVID J
+ 15000
5.71 USD
3 years ago
Nov 12, 2021
Bought 53.7 K USD
MATLIN DAVID J
+ 10000
5.37 USD
3 years ago
May 24, 2021
Bought 500 K USD
Mosca Alison
+ 51921
9.63 USD
3 years ago
May 24, 2021
Bought 2 M USD
MATLIN DAVID J
+ 207684
9.63 USD
7. News
Clene Inc. (CLNN) Reports Q3 Loss, Misses Revenue Estimates Clene Inc. (CLNN) came out with a quarterly loss of $1.22 per share versus the Zacks Consensus Estimate of a loss of $1.34. This compares to loss of $0.40 per share a year ago. zacks.com - 3 days ago
Clene Announces $7.3 Million Registered Direct Offering and Concurrent Private Placements Priced at Market Under Nasdaq Rules SALT LAKE CITY, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly-owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurological diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced that on September 30, 2024 it entered into a securities purchase agreement with a healthcare focused institutional investor (“Healthcare Investor”) for the issuance and sale of 742,626 shares of its common stock (or pre-funded warrants in lieu thereof) in a registered direct offering priced at market under Nasdaq rules. In a concurrent private placement, Clene also agreed to issue to the Healthcare Investor warrants to purchase up to 742,626 shares of common stock. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold with one warrant to purchase one share of common stock at a combined purchase price of $4.713. The warrants have an exercise price of $4.82 per share, are immediately exercisable and will expire five years following the date of issuance. globenewswire.com - 1 month ago
Clene Granted In-Person Meeting With FDA Senior Leadership to Discuss CNM-Au8 Biomarker and Related Clinical and Survival Data SALT LAKE CITY, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), announced today that it will meet in-person with the U.S. Food and Drug Administration (FDA) before the end of November 2024 to discuss CNM-Au8 development for ALS. globenewswire.com - 2 months ago
Clene to Present at the H.C. Wainwright 26th Annual Global Investment Conference SALT LAKE CITY, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced that management will present at the H.C. Wainwright 26th Annual Global Investment Conference and host 1x1 investor meetings. globenewswire.com - 2 months ago
Wall Street Analysts Think Clene (CLNN) Could Surge 873.45%: Read This Before Placing a Bet The consensus price target hints at an 873.5% upside potential for Clene (CLNN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. zacks.com - 2 months ago
Wall Street Analysts Believe Clene (CLNN) Could Rally 976.32%: Here's is How to Trade The mean of analysts' price targets for Clene (CLNN) points to a 976.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock. zacks.com - 3 months ago
IBN Announces Latest Episode of The BioMedWire Podcast featuring Rob Etherington, CEO of Clene Inc. LOS ANGELES, Aug. 08, 2024 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The BioMedWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. globenewswire.com - 3 months ago
Clene Inc. (CLNN) Reports Q2 Loss, Lags Revenue Estimates Clene Inc. (CLNN) came out with a quarterly loss of $1.06 per share versus the Zacks Consensus Estimate of a loss of $1.60. This compares to loss of $2.40 per share a year ago. zacks.com - 3 months ago
Clene Reports Second Quarter 2024 Financial Results and Recent Operating Highlights SALT LAKE CITY, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a late clinical-stage biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced its second quarter 2024 financial results and provided recent updates on its CNM-Au8® programs. globenewswire.com - 3 months ago
Clene to Present at the Emerging Growth Conference SALT LAKE CITY, July 12, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced that management will present at the Emerging Growth Conference. globenewswire.com - 4 months ago
Clene Announces Plans to Submit Briefing Book to the U.S. Food and Drug Administration in Connection with Granted Type C Interaction to Obtain FDA Feedback on Potential Pathway to Accelerated Approval for CNM-Au8® in ALS SALT LAKE CITY, July 11, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced plans to submit a briefing book by July 13 to the U.S. Food and Drug Administration (FDA) in advance of a granted Type C interaction. The purpose of the interaction with the FDA, to occur in the third quarter of 2024, is to receive feedback on the potential path to submission of a new drug application (NDA) for CNM-Au8® as a potential treatment for ALS via the accelerated approval pathway. globenewswire.com - 4 months ago
Clene Announces 1-for-20 Reverse Stock Split SALT LAKE CITY, July 09, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced that it will effect a 1-for-20 reverse stock split at 12:01 a.m. Eastern Time, on July 11, 2024. Beginning with the opening of trading on July 11, 2024, Clene's common stock will trade on the Nasdaq Capital Market on a split-adjusted basis under a new CUSIP number 185634201 and the Company's existing trading symbol “CLNN.” The CUSIP number for the Company's publicly traded warrants will not change. globenewswire.com - 4 months ago
8. Profile Summary

Clene Inc. CLNN

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 36.1 M
Dividend Yield 0.00%
Description Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its lead drug is CNM-Au8, which is being studied in various clinical trials, including a Phase 2/3 registrational clinical trial for patients with amyotrophic lateral sclerosis (ALS); completed Phase 2 proof of concept clinical trial in patients with early symptomatic ALS; completed two open-label investigator blinded Phase 2 clinical trials on the brain's energy metabolites; ongoing Phase 2 clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing Multiple Sclerosis; and a planned Phase 2 clinical trial for the treatment of patients with Parkinson's Diseases. The company's products also include CNM-AgZn17, a gel polymer suspension of silver and zinc ions that is being developed for the treatment of infectious diseases and to accelerate wound healing; CNM-ZnAg, a broad-spectrum antiviral and antibacterial agent to treat infection disease, such as COVID-19 and to provide immune support for symptom resolution; and CNM-PtAu7, a gold-platinum CSN therapeutic for oncology applications. It also markets and distributes dietary supplements comprising rMetx, an aqueous zinc-silver ion dietary supplement; and KHC46, an aqueous gold dietary supplement of very low-concentration Au nanoparticles. The company is headquartered in Salt Lake City, Utah.
Contact 6550 South Millrock Drive, Salt Lake City, UT, 84121 https://clene.com
IPO Date Oct. 18, 2018
Employees 82
Officers Dr. Benjamin M. Greenberg M.D., M.H.S. Head of Medical Mr. Robert Etherington MBA Chief Executive Officer, President & Director Mr. Morgan R. Brown CPA, M.B.A. Chief Financial Officer Mr. Mark G. Mortenson ESQ. Chief Science Officer Mr. Jerry Miraglia J.D. General Counsel & Corporate Secretary Mr. Michael T. Hotchkin Chief Development Officer Ms. Mary Anne Mcneil Head of Human Resources