Clene Q2 FY26 net loss widens 81% to $13.42 million

Reuters2026/08/14 12:04

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Clene posted Q2 net loss of USD 13.42 million, widening 81% from a year earlier as total other expense rose to USD 8.08 million.
Revenue climbed to USD 90,000; product revenue rose to USD 74,000 from minimal levels, while royalty revenue slipped 38% to USD 16,000.
Operating loss narrowed 9% to USD 5.35 million as total operating expenses fell 8% to USD 5.44 million.
Cash and cash equivalents increased to USD 9.7 million at June 30, 2026; net cash used in operating activities improved to USD 7.12 million.
CNM-Au8 ALS NDA filing is targeted for early Q4 2026; Phase 3 RESTORE-ALS trial is planned to start in Q2 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clene Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-027828), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Clene Q2 FY26 net loss widens 81% to $13.42 million

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