Clene Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-26.2M | $-39.4M | $-49.5M | $-29.9M | $-9.7M | $-19.3M | $-16.2M |
| Depreciation & Amortization | — | — | — | — | — | — | — |
| Depreciation | $1.5M | $1.6M | $1.7M | $1.0M | $955.0K | $963.0K | $848.0K |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | $6.4M | $8.0M | $9.1M | $8.5M | $12.4M | $761.0K | $399.0K |
| Net Cash from Operating Activities | $-18.5M | $-21.3M | $-30.2M | $-39.0M | $-34.6M | $-18.9M | $-13.2M |
| Investing Activities | |||||||
| Capital Expenditures | $39.0K | $15.0K | $330.0K | $5.2M | $1.3M | $387.0K | $294.0K |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-39.0K | $6.3M | $-1.5M | $-10.2M | $-1.3M | $-387.0K | $-294.0K |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $11.5M | $-1.5M | $42.2M | $17.2M | $27.1M | $69.5M | $5.5M |
| Net Change in Cash | $-7.0M | $-16.7M | $10.5M | $-32.0M | $-8.9M | $50.5M | $-8.0M |
| Free Cash Flow | $-18.6M | $-21.3M | $-30.5M | $-44.2M | $-36.0M | $-19.3M | $-13.5M |