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Companies / Healthcare / Clene Inc.
CLNN

Clene Inc.

HealthcarePharmaceutical Preparations
Ticker CLNNSALT LAKE CITY, UTFiscal year ends DecemberBook value per share $-0.40Diluted shares 61.6M

Clene Inc. (NASDAQ: CLNE) is a clinical-stage pharmaceutical company pioneering the discovery, development, and commercialization of clean-surfaced nanotechnology therapeutics. The company's proprietary electro-crystal-chemistry platform produces catalytically-active nanocrystals comprised of transition elements that… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.20M
−41.5% year over year
Last 12 mo $0.20M
-11541.50%
−1865.2 percentage points
Last 12 mo -10431.98%
$-26.17M
+33.6% year over year
Last 12 mo $-39.52M
148.78%
−296.1 percentage points
Last 12 mo 159.49%
Cash & financing
$-18.55M
+13.0% year over year
Last 12 mo $-15.91M
$-18.59M
+12.9% year over year
Last 12 mo $-15.95M
-1.00
Was -1.78× a year earlier
Last 12 mo -0.76
—

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Clene Inc. does

In the company’s own words

Clene Inc. (NASDAQ: CLNE) is a clinical-stage pharmaceutical company pioneering the discovery, development, and commercialization of clean-surfaced nanotechnology therapeutics. The company's proprietary electro-crystal-chemistry platform produces catalytically-active nanocrystals comprised of transition elements that possess unique therapeutic properties not present in bulk forms of the same elements. These nanocrystals function as potent catalysts that drive, support, and maintain beneficial metabolic and energetic cellular reactions within diseased, stressed, and damaged cells.

The company's lead drug candidate, CNM-Au8, is a concentrated aqueous suspension of gold nanocrystals in development for treating amyotrophic lateral sclerosis, multiple sclerosis, and Parkinson's disease. CNM-Au8's mechanism of action targets mitochondrial dysfunction by catalyzing the production of NAD+, a key metabolite driving ATP energy production. The compound also demonstrates potent antioxidant effects and reduces accumulation of misfolded proteins. Clene has completed a robust portfolio of clinical programs for CNM-Au8, including placebo-controlled trials, open-label extensions, long-term extensions, and expanded access programs, accumulating over 1,100 participant-years of human safety exposure with no serious adverse events identified.

Beyond CNM-Au8, Clene develops additional therapeutic assets including CNM-ZnAg, a broad-spectrum antiviral and antibacterial agent, and CNM-AgZn17, a topical gel formulation for infectious disease and wound healing applications. The company also markets dietary supplements through its wholly-owned subsidiary dOrbital and through an exclusive license with 4Life Research LLC, including products such as rMetx and Gold Factor.

Clene's competitive advantages stem from its proprietary manufacturing processes that produce clean-surfaced, highly faceted nanocrystals with substantially higher catalytic activity and lower toxicity compared to nanoparticles produced using conventional methods. The company's platform demonstrates flexibility and tunability, enabling development of diverse nanocrystal compositions for multiple disease applications. The company maintains a patent-protected position in therapeutic nanotechnology and focuses on addressing high unmet medical needs in central nervous system disorders where traditional small molecule and biologic approaches have proven unsuccessful.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
SALT LAKE CITY, UT
Fiscal year end
December
CIK
1822791
SIC
2834

Financial performance, year by year

Fiscal 2020–2025 · USD
$-54.53M$-39.46M$-24.39M$-9.32M$5.75M202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Clene Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

10
funds hold it
0 of 35
superinvestors hold it
$2.73M
held by funds, at market
3.4%
of shares held by funds

Largest fund holders · Clene Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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