Filing Flows › Clene (CLNN) › Q1 2025
Clene (CLNN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Clene (CLNN) reported revenue of $81K for the first quarter 2025 (Q1 2025), +11% from a year earlier and -11% from the quarter before.
Clene, Q1 2025: revenue $81K (+11% year over year), net loss $751K, operating cash flow −$5.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $81K | -11% | +11% |
| Operating profit | −$4.1M | — | — |
| Net earnings | −$751K | — | — |
| Operating cash flow | −$5.0M | — | — |
What changed
Revenue was $81K in Q1 2025, up 11% year over year and down 11% from the previous quarter. Product was the largest line at 79% of revenue. Product added $20K year over year (up 45%), 250% of the total change. Royalty declined 41%.
Operating costs exceeded revenue by $4.1M, an operating margin of -5032.1%. Total costs fell 55% while revenue rose 11%. The fastest-growing cost line was Cost of revenue (+25%). The quarter ended with a net loss of $751K, narrower than the previous quarter's $13.5M loss. Non-operating items added $3.3M, -443% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.0M. Non-cash charges added back $404K of depreciation and $1.9M of share-based compensation. Working capital and other items used $6.6M.
Questions
What was Clene's revenue in the first quarter 2025?
Clene (CLNN) reported revenue of $81K for the first quarter 2025 (Q1 2025), +11% from a year earlier and -11% from the quarter before.
Source: Clene 10-Q on SEC EDGAR.