CLNN — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

Model	Intrinsic Value	vs Price ($5.24)
DCF	$-20.95	-499.9%
Graham Number	—	—
Reverse DCF	—	—
DDM	—	—
EV/EBITDA	—	—

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Base FCF($B)Yahoo: -$13.30M

Near-term growth (yrs 1–5)(%)Rev: -82.8% / EPS: —

Long-term growth (yrs 6–10)(%)

Terminal growth rate(%)

WACC(%)Computed: 5.75%

Computed WACC: 5.75%

Cost of equity (Re)7.73%(Rf 4.30% + β 0.62 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)74.33%

Debt weight (D/V)25.67%

Results

Intrinsic Value / share$-41.02

Current Price$5.24

Upside / Downside-882.8%

Net Debt (used)$13.39M

Sensitivity: WACC (rows) × Near-term g (cols)

WACC \ Near-term	-3.0%	1.0%	5.0%	9.0%	13.0%
7.0%	$-21.12	$-25.17	$-29.87	$-35.31	$-41.58
8.0%	$-17.57	$-20.82	$-24.60	$-28.97	$-33.99
9.0%	$-15.10	$-17.81	$-20.95	$-24.58	$-28.75
10.0%	$-13.29	$-15.60	$-18.28	$-21.37	$-24.91
11.0%	$-11.91	$-13.92	$-16.24	$-18.91	$-21.98

2 — Graham Number

Assumptions

MultiplierGraham used 22.5 (15× P/E × 1.5× P/B)

EPS (trailing)($)Yahoo: $-3.44

Book Value / share($)Yahoo: $-1.21

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative. BVPS is zero or negative.

Graham Number—

Current Price$5.24

Margin of Safety—

Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

WACC(%)Computed: 5.75%

Terminal growth rate(%)

Computed WACC: 5.75%

Cost of equity (Re)7.73%(Rf 4.30% + β 0.62 × ERP 5.50%)

Cost of debt (Rd)0.00%(no debt / unavailable → 0%)

Tax rate (T)21.00%(US statutory fallback)

Equity weight (E/V)74.33%

Debt weight (D/V)25.67%

Results

Reverse DCF requires positive TTM free cash flow.

Current Price$5.24

Implied Near-term FCF Growth—

Historical Revenue Growth-82.8%

Historical Earnings Growth—

Base FCF (TTM)-$13.30M

Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Annual dividend D0($/share)Yahoo: —

Dividend growth rate (g)(%)

Required return (r)(%)

Results

This company does not pay a dividend. DDM is not applicable — the intrinsic value shown uses D0 = $0 unless you enter a hypothetical dividend above.

DDM Intrinsic Value / share—

Current Price$5.24

Upside / Downside—

Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

EBITDA($B)Yahoo: -$22.70M

Target EV/EBITDA multipleCurrent: -3.0×

Net Debt($B)Default: $13.39M

Results

Implied Equity Value / share$4.60

Current Price$5.24

Upside / Downside-12.3%

Implied EV$67.54M

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