Clene Inc
For the period ended Dec 31, 2023. Filed Mar 13, 2024.
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FY2023 · Filed Mar 13, 2024
CLNN$4.38+10.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $28,821 | $18,332 |
| Marketable securities | 6,179 | 4,983 |
| Accounts receivable | 143 | 189 |
| Inventory | 37 | 43 |
| Prepaid expenses and other current assets | 3,672 | 5,648 |
| Total current assets | 38,852 | 29,195 |
| Restricted cash | 58 | 58 |
| Operating lease right-of-use assets | 4,168 | 4,602 |
| Property and equipment, net | 9,263 | 10,638 |
| TOTAL ASSETS | $52,341 | $44,493 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,504 | $3,014 |
| Accrued liabilities | 3,720 | 3,863 |
| Operating lease obligations, current portion | 576 | 488 |
| Finance lease obligations, current portion | 27 | 74 |
| Notes payable, current portion | 14,627 | 6,418 |
| Convertible notes payable, current portion | 4,876 | — |
| Total current liabilities | 25,330 | 13,857 |
| Operating lease obligations, net of current portion | 4,903 | 5,557 |
| Finance lease obligations, net of current portion | — | 34 |
| Notes payable, net of current portion | 1,894 | 9,483 |
| Convertible notes payable, net of current portion | 5,258 | 9,770 |
| Common stock warrant liabilities | 1,481 | — |
| Clene Nanomedicine contingent earn-out liability | 75 | 2,264 |
| Initial Stockholders contingent earn-out liability | 10 | 291 |
| TOTAL LIABILITIES | 38,951 | 41,256 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Common stock, $0.0001 par value: 300,000,000 and 150,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively; 128,422,851 and 74,759,591 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 13 | 7 |
| Additional paid-in capital | 255,901 | 196,246 |
| Accumulated deficit | (242,723) | (193,219) |
| Accumulated other comprehensive income | 199 | 203 |
| TOTAL STOCKHOLDERS’ EQUITY | 13,390 | 3,237 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $52,341 | $44,493 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.