Clene Inc.
For the period ended Dec 31, 2025. Filed Mar 17, 2026.
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FY2025 · Filed Mar 17, 2026
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, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $5,189 | $12,155 |
| Accounts receivable | — | 64 |
| Inventory | 37 | 68 |
| Prepaid expenses and other current assets | 3,751 | 3,870 |
| Total current assets | 8,977 | 16,157 |
| Restricted cash | 58 | 58 |
| Operating lease right-of-use assets | 3,073 | 3,643 |
| Property and equipment, net | 6,023 | 7,479 |
| TOTAL ASSETS | $18,131 | $27,337 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities: | ||
| Accounts payable | $892 | $1,240 |
| Accrued liabilities | 5,002 | 7,766 |
| Operating lease obligations, current portion | 808 | 926 |
| Notes payable, current portion | 1,696 | 359 |
| Convertible notes payable, current portion | 2,378 | — |
| Total current liabilities | 10,776 | 10,291 |
| Operating lease obligations, net of current portion | 3,250 | 4,132 |
| Notes payable, net of current portion | 3,741 | 4,610 |
| Convertible notes payable | 9,800 | 10,816 |
| Common stock warrant liabilities | 5,063 | 4,541 |
| Derivative liabilities | 3,093 | 1,804 |
| TOTAL LIABILITIES | 35,723 | 36,194 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ deficit: | ||
| Common stock, $0.0001 par value: 600,000,000 shares authorized; 10,849,974 and 8,089,565 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 1 | 1 |
| Additional paid-in capital | 290,531 | 273,194 |
| Accumulated deficit | (308,296) | (282,123) |
| Accumulated other comprehensive income | 172 | 71 |
| TOTAL STOCKHOLDERS’ DEFICIT | (17,592) | (8,857) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $18,131 | $27,337 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.