Feed / CLNN

Clene Inc.

CLNN

Consumer Defensive · 3.61 -1.6% today

Participation confirmed · construction unavailableMarket checked 11 Sept, 15:25 GMT-4

Market read

Clene Inc.'s move is being confirmed by its market group.

No new filing conclusion is available. 5 of 8 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company-1.6% todayVolume comparison unavailable
Market group5 of 8 activeGene Therapies · building
Disclosed network0 of 0 confirmingRelationship data unavailable
What would change this read
  • Participation spreads to CLNN, PACB, VERU.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as PRTA begins moving with the group.

Invalidation: The live read weakens if participation falls to 2 of 8 members or fewer.

Watch this read

Research brief

The story so far

Consumer Defensive · Packaged Foods

No new filing conclusion is available. 5 of 8 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Participation spreads to CLNN, PACB, VERU.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as PRTA begins moving with the group.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods6
Price observations320
Usable filing statements78
Verified relationships0
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Latest annual revenue changed -41.5% year over year.
  • Operating margin changed -1865.2 percentage points in the latest annual period.
  • Net margin changed -1566.0 percentage points in the latest annual period.
  • Product pipeline and R&D has repeated adverse evidence across 4 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 11, 2026

3.61
6m-31.1%12m-33.3%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$723,000+251.0%
2022-12-31$473,000-34.6%
2023-12-31$654,000+38.3%
2024-12-31$342,000-47.7%
2025-12-31$200,000-41.5%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
Significant non-cash items included: (i) depreciation expense of $0.4 million related to laboratory and office equipment and leasehold improvements, (ii) non-cash lease expense of $0.1 million, (iii) stock-based compensation expense of $1.9 million, (iv) accr…
10-Q · May 14, 2026
Demand and volumemixed · 4 filings
Commitments and Contingencies Commitments We enter into agreements in the normal course of business with CROs for clinical trials and with vendors for preclinical studies and other services and products for operating purposes, which are cancelable at any time…
10-Q · May 14, 2026
Product pipeline and R&Dnegative · 4 filings
Based on our evaluation of these factors, we have not recorded income tax benefits for the net operating losses or for research and development tax credits or other deferred tax assets due to uncertainty of realizing benefits from these items.
10-Q · May 14, 2026
Legal and regulatory exposuremixed · 1 filings
Subject to regulatory filings of these toxicology findings and other results, and subject to capital availability, we anticipate filing an IND with the FDA and subsequently plan to initiate a standard Phase 1 dermal first-in-human safety study with CNM-AgZn17…
10-K · Mar 17, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

No usable price/earnings or price/sales multiple (need a fresh price).

Price action

How the market is pricing the story

3.61-1.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:25 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for CLNN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for CLNN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind CLNN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

No filing peers are available for this name yet.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

CLNN is currently a Participant in the organic co-movement group Gene Therapies. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.