Clene press release (CLNN): Q3 GAAP EPS of -$0.85 misses by $0.27.
Revenue of $0.02M (-77.8% Y/Y) misses by $0.04M.
Clene’s cash and cash equivalents totaled $7.9 million as of September 30, 2025, compared to $12.2 million as of December 31, 2024.
Clene expects that its cash and cash equivalents as of September 30, 2025, together with $1.2 million raised subsequent to September 30, 2025, will be sufficient to fund its operations into the second quarter of 2026.
Revenue of $0.02M (-77.8% Y/Y) misses by $0.04M.
Clene’s cash and cash equivalents totaled $7.9 million as of September 30, 2025, compared to $12.2 million as of December 31, 2024.
Clene expects that its cash and cash equivalents as of September 30, 2025, together with $1.2 million raised subsequent to September 30, 2025, will be sufficient to fund its operations into the second quarter of 2026.
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