Clene Inc ( (CLNN) ) has released its Q2 earnings. Here is a breakdown of the information Clene Inc presented to its investors.
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Clene Inc. is a clinical-stage pharmaceutical company focused on developing novel nanotechnology therapeutics primarily for neurological disorders such as ALS, MS, and Parkinson’s disease. In its latest earnings report for the quarter ended June 30, 2025, Clene Inc. reported a net loss of $7.4 million, a slight improvement from the $6.8 million loss in the same quarter last year. The company’s revenue remains minimal, with total revenue of $27,000 for the quarter, reflecting a decline from the previous year’s $91,000. The company’s operating expenses have decreased, with research and development expenses dropping significantly, contributing to a reduced loss from operations. Clene Inc. continues to face financial challenges with a substantial accumulated deficit and limited cash reserves, raising concerns about its ability to continue as a going concern. The company is actively seeking additional funding through various means to support its operations and advance its drug development programs. Looking ahead, Clene Inc.’s management remains focused on securing the necessary resources to continue its research and development efforts and achieve its strategic goals in the pharmaceutical industry.