Clene Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	7.93	12.16	28.82	18.33	50.29	59.28
Short-Term Investments	-	-	6.18	4.98	-	-
Cash & Short-Term Investments	7.93	12.16	35	23.32	50.29	59.28
Cash Growth	-45.89%	-65.27%	50.12%	-53.64%	-15.16%	574.50%
Accounts Receivable	-	0.06	0.14	0.19	0.05	0.02
Other Receivables	0.55	0.33	1.2	2.78	1.56	2.15
Receivables	0.55	0.39	1.34	2.97	1.61	2.17
Inventory	0.06	0.07	0.04	0.04	0.04	0.19
Prepaid Expenses	1.13	1.56	-	-	-	1.21
Other Current Assets	3	1.99	2.48	2.87	2.64	0.14
Total Current Assets	12.67	16.16	38.85	29.2	54.58	62.99
Property, Plant & Equipment	9.58	11.12	13.43	15.24	8.42	5.25
Other Long-Term Assets	0.06	0.06	0.06	0.06	0.06	-
Total Assets	22.31	27.34	52.34	44.49	63.06	68.24
Accounts Payable	1.37	1.24	1.5	3.01	1.92	1.12
Accrued Expenses	4.35	5.1	3.28	3.86	3.09	2.31
Current Portion of Long-Term Debt	1.26	0.36	19.5	6.42	-	-
Current Portion of Leases	0.78	0.93	0.6	0.56	0.49	0.38
Current Income Taxes Payable	-	-	-	-	-	0.16
Current Unearned Revenue	0.54	2.67	0.44	-	0.52	0.41
Other Current Liabilities	-	-	-	-	-	7.28
Total Current Liabilities	8.31	10.29	25.33	13.86	6.03	11.67
Long-Term Debt	15.79	15.43	7.15	19.25	19.08	1.95
Long-Term Leases	3.48	4.13	4.9	5.59	4.47	1.99
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.26
Other Long-Term Liabilities	7.09	6.35	1.57	2.56	20.89	52.04
Total Liabilities	34.67	36.19	38.95	41.26	50.47	67.9
Common Stock	0	0	0	0.01	0.01	0.01
Additional Paid-In Capital	286.56	273.19	255.91	196.25	175.66	153.57
Retained Earnings	-299.07	-282.12	-242.72	-193.22	-163.3	-153.56
Comprehensive Income & Other	0.15	0.07	0.2	0.2	0.23	0.33
Total Common Equity	-12.36	-8.86	13.39	3.24	12.6	0.34
Shareholders' Equity	-12.36	-8.86	13.39	3.24	12.6	0.34
Total Liabilities & Equity	22.31	27.34	52.34	44.49	63.06	68.24
Total Debt	21.31	20.84	32.16	31.82	24.04	4.32
Net Cash (Debt)	-13.39	-8.69	2.84	-8.51	26.25	54.95
Net Cash Growth	-	-	-	-	-52.24%	829.97%
Net Cash Per Share	-1.44	-1.25	0.54	-2.61	8.53	62.79
Filing Date Shares Outstanding	10.33	8.59	6.42	3.85	3.16	2.98
Total Common Shares Outstanding	10.22	8.09	6.42	3.74	3.12	2.98
Working Capital	4.37	5.87	13.52	15.34	48.56	51.32
Book Value Per Share	-1.21	-1.09	2.09	0.87	4.04	0.11
Tangible Book Value	-12.36	-8.86	13.39	3.24	12.6	0.34
Tangible Book Value Per Share	-1.21	-1.09	2.09	0.87	4.04	0.11
Machinery	3.62	3.62	3.63	3.7	3.07	2.26
Construction In Progress	1.3	1.3	1.44	5.44	1.82	0.26
Leasehold Improvements	9.98	9.98	9.98	5.68	3.94	3.89

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q