Clene Inc.
For the period ended Dec 31, 2024. Filed Mar 24, 2025.
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FY2024 · Filed Mar 24, 2025
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, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $12,155 | $28,821 |
| Marketable securities | — | 6,179 |
| Accounts receivable | 64 | 143 |
| Inventory | 68 | 37 |
| Prepaid expenses and other current assets | 3,870 | 3,672 |
| Total current assets | 16,157 | 38,852 |
| Restricted cash | 58 | 58 |
| Operating lease right-of-use assets | 3,643 | 4,168 |
| Property and equipment, net | 7,479 | 9,263 |
| TOTAL ASSETS | $27,337 | $52,341 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current liabilities: | ||
| Accounts payable | $1,240 | $1,504 |
| Accrued liabilities | 7,766 | 3,720 |
| Operating lease obligations, current portion | 926 | 576 |
| Finance lease obligations, current portion | — | 27 |
| Notes payable, current portion | 359 | 14,627 |
| Convertible notes payable, current portion | — | 4,876 |
| Total current liabilities | 10,291 | 25,330 |
| Operating lease obligations, net of current portion | 4,132 | 4,903 |
| Notes payable, net of current portion | 4,610 | 1,894 |
| Convertible notes payable, net of current portion | 10,816 | 5,258 |
| Common stock warrant liabilities | 4,541 | 1,481 |
| Derivative liabilities | 1,804 | — |
| Clene Nanomedicine contingent earn-out liability | — | 75 |
| Initial Stockholders contingent earn-out liability | — | 10 |
| TOTAL LIABILITIES | 36,194 | 38,951 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity (deficit): | ||
| Common stock, $0.0001 par value: 600,000,000 and 300,000,000 shares authorized at December 31, 2024 and December 31, 2023, respectively; 8,089,565 and 6,421,084 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 1 | 1 |
| Additional paid-in capital | 273,194 | 255,913 |
| Accumulated deficit | (282,123) | (242,723) |
| Accumulated other comprehensive income | 71 | 199 |
| TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) | (8,857) | 13,390 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | $27,337 | $52,341 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.