Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
Clene Inc.
CLNNNASDAQ
Wall Street ScoreUnder review
$4.03USD+$0.06 (+1.51%)
The research page contains a warning that has not been mapped to a supported model interpretation. The company research remains available, but the complete score is withheld until the warning is reviewed.
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
Clene Inc. is a biopharmaceutical firm in the clinical development phase, dedicated to the discovery, advancement, and market introduction of pioneering therapeutic agents utilizing clean-surfaced nanotechnology (CSN). CNM-Au8 stands as its flagship compound, currently under evaluation across a diverse range of clinical studies. This includes a pivotal Phase 2/3 study intended for regulatory submission in individuals battling amyotrophic lateral sclerosis (ALS).
How they make money
Clene Inc. is a late clinical-stage biopharmaceutical company that does not currently generate revenue from product sales. Its business model relies on raising capital through equity offerings, debt facilities, and potential future licensing or commercialization of its proprietary nanotherapeutic drug candidates.
Products & services
Clene develops metallic nanocrystal therapeutic candidates, with its lead candidate being CNM-Au8, an investigational nanotherapeutic designed to improve neuronal function and energy metabolism for neurodegenerative diseases.
Brands & revenue mix
CNM-Au8
Lead nanotherapeutic drug candidate for neurodegenerative diseases.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
Contract Manufacturing Organizations — The company utilizes third-party contract manufacturing organizations for the production and formulation of its drug candidates.Source
Competitors
Major pharmaceutical companies — Global entities with significant resources developing treatments for neurological diseases.Source
Specialty pharmaceutical companies — Firms focused on niche therapeutic areas including neurodegeneration.Source
Biotechnology companies — Companies worldwide competing in the development of new drug candidates for neurological disorders.Source
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving CLNN's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•How long can CLNN fund negative free cash flow using its current cash position before it may need more debt or new shares?
•Is CLNN's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What specifically needs to improve for CLNN to reach sustainable profitability?
•What future growth or profitability would be needed to justify CLNN's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for CLNN
Detected from reported data — verify before acting.
Severe debt stress
Negative shareholder equity • Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on CLNN.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Proprietary nanotherapeutic platform technology.
Potential downside factors
−Debt risk (severe): Negative shareholder equity.
−Total debt is at least one year of revenue.
−Interest coverage is below 2x.
−Free cash flow is negative.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Debt
—
Debt Cost12.4%
Debt Reduction YoY-4.0%
Debt / Equity-1.23x
Tap for breakdown →
Revenue
—
Revenue YoY-1.5%
Revenue CAGR-44.7%
Net Margin-20059.9%
Tap for breakdown →
Asset
—
Asset Growth YoY-33.7%
Liquidation/Share-$2.51
Net Assets/MCap0.01x
Tap for breakdown →
Capital
—
Earnings Yield-75.8%
Buyback Yield0.0%
Debt Cost12.4%
Tap for breakdown →
Management
—
ROIC190.7%
ROE159.5%
ROA-171.5%
Tap for breakdown →
Moat
—
EPS Growth—
FCF/Share Growth—
Rev/Share Growth-42.0%
Tap for breakdown →
Valuation
—
Intrinsic Value—
Value Reference—
MOS—
Tap for breakdown →
Buffett
—
Revenue—
Moat—
Valuation—
Tap for breakdown →
MOS
—
MOS %—
Value Reference—
Deep Discount Reference—
Tap for breakdown →
Financial
—
Interest Coverage-8.6x
ROIC190.7%
FCF Yield-35.6%
Tap for breakdown →
Master
—
Financial—
Valuation—
Debt—
Tap for breakdown →
Resilience
—
Survival Years0.3 yrs
Current Ratio0.83x
FCF Margin-9292.5%
Tap for breakdown →
Was this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
YesNot yetDismiss
Score Changes
Score changes will appear once more historical records are available.
Price vs. Value
Valuation unavailable
Current Price
$4.03
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue
$197K
$200K
$342K
$654K
····
····
····
····
····
····
Cost of Revenue
$414K
$43K
$70K
$121K
····
····
····
····
····
····
Gross Profit
-$217K
$157K
$272K
$533K
····
····
····
····
····
····
Research & Development
$12.8M
$14.0M
$20.1M
$26.7M
····
····
····
····
····
····
SG&A Expenses
$7.6M
$9.2M
$13.3M
$14.4M
····
····
····
····
····
····
Operating Expenses
$20.1M
$23.2M
$33.4M
$41.1M
····
····
····
····
····
····
EBITDA
-$27.8M
-$22.0M
-$33.7M
-$43.2M
····
····
····
····
····
····
Operating Income
-$20.3M
-$23.1M
-$33.1M
-$40.5M
····
····
····
····
····
····
Interest Expense
$2.9M
$2.7M
$4.1M
$4.6M
····
····
····
····
····
····
Income Before Tax
-$39.5M
-$26.2M
-$39.4M
-$49.5M
····
····
····
····
····
····
Income Tax Expense
$0.00
$0.00
$0.00
$0.00
····
····
····
····
····
····
Net Income
-$39.5M
-$26.2M
-$39.4M
-$49.5M
····
····
····
····
····
····
Basic EPS
$-3.55
$-2.65
$-5.67
$-9.43
····
····
····
····
····
····
Basic Shares
12.38M
9.86M
6.95M
5.25M
····
····
····
····
····
····
Diluted Shares
12.38M
9.86M
6.95M
5.25M
····
····
····
····
····
····
Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Cash position grew
What Weakened
Debt increased
Potential Score Impact
Positive indicators included revenue growth, EPS growth, cash levels, net income margin. Pressure indicators included debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 233.3%. EPS increased 38.5%. Cash increased 32.8%. Total debt increased 7.2%. Net income margin improved by 12562.2 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.