ClearSign Technologies Corp (CLIR) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
8023 E. 63RD PLACE, SUITE 101 TULSA, OK 74133 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3823 - Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 14,035 | 5,684 | 9,057 | 7,607 | 8,824 | 8,552 | |||
| Cash and cash equivalent | 14,035 | 5,684 | 6,451 | 7,607 | 8,824 | 8,552 | |||
| Short-term investments | 2,606 | ||||||||
| Receivables | 165 | 287 | 79 | 33 | |||||
| Prepaid expense | 345 | ||||||||
| Contract with customer, asset, after allowance for credit loss | 194 | 188 | 20 | 39 | 92 | 39 | |||
| Other undisclosed current assets | 454 | 350 | 577 | 466 | 391 | ||||
| Total current assets: | 14,848 | 6,509 | 9,733 | 8,024 | 9,382 | 8,982 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 238 | 275 | 384 | 530 | 665 | ||||
| Intangible assets, net (including goodwill) | 830 | 836 | 798 | 799 | 1,302 | 1,285 | |||
| Intangible assets, net (excluding goodwill) | 830 | 836 | 798 | 799 | 1,302 | 1,285 | |||
| Other noncurrent assets | 10 | 10 | 10 | 10 | |||||
| Other undisclosed noncurrent assets | 427 | ||||||||
| Total noncurrent assets: | 1,068 | 1,111 | 1,192 | 1,339 | 1,739 | 1,960 | |||
| TOTAL ASSETS: | 15,916 | 7,620 | 10,925 | 9,363 | 11,121 | 10,942 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,891 | 1,069 | 767 | 442 | 817 | 1,071 | |||
| Accounts payable | 1,220 | 366 | 296 | 224 | 435 | 845 | |||
| Accrued liabilities | 671 | 703 | 471 | 218 | 382 | 226 | |||
| Deferred revenue | 73 | 1,116 | 247 | 84 | 94 | 50 | |||
| Other undisclosed current liabilities | 75 | 71 | 133 | 205 | 169 | 177 | |||
| Total current liabilities: | 2,039 | 2,256 | 1,147 | 731 | 1,080 | 1,298 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 350 | 500 | 418 | ||||||
| Long-term debt, excluding current maturities | 251 | ||||||||
| Liabilities, other than long-term debt | 113 | 172 | 226 | ||||||
| Operating lease, liability | 113 | 172 | 226 | 350 | 249 | 418 | |||
| Other undisclosed noncurrent liabilities | (350) | (249) | |||||||
| Total noncurrent liabilities: | 113 | 172 | 226 | 350 | 500 | 418 | |||
| Total liabilities: | 2,152 | 2,428 | 1,373 | 1,081 | 1,580 | 1,716 | |||
| Equity | |||||||||
| Equity, attributable to parent | 13,764 | 5,192 | 9,552 | 8,282 | 9,540 | 9,223 | |||
| Common stock | 5 | 4 | 4 | 3 | 3 | 3 | |||
| Additional paid in capital | 112,796 | 98,922 | 98,079 | 91,035 | 84,411 | 77,210 | |||
| Accumulated other comprehensive income (loss) | (21) | (17) | (8) | 9 | |||||
| Accumulated deficit | (99,016) | (93,717) | (88,523) | (82,765) | (74,874) | (67,990) | |||
| Equity, attributable to noncontrolling interest | 1 | 3 | |||||||
| Total equity: | 13,764 | 5,192 | 9,552 | 8,282 | 9,541 | 9,226 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,916 | 7,620 | 10,925 | 9,363 | 11,121 | 10,942 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,596 | 2,403 | 374 | 607 | 44 | |||
| Other income | 252 | 44 | ||||||
| Cost of revenue (Cost of Product and Service Sold) | (2,478) | (1,586) | (258) | (1,059) | (279) | (1) | ||
| Other undisclosed gross profit | (44) | |||||||
| Gross profit: | 1,118 | 817 | 116 | (452) | (279) | (1) | ||
| Operating expenses | (7,606) | (6,798) | (6,233) | (7,693) | (6,653) | (8,582) | ||
| Operating loss: | (6,488) | (5,981) | (6,117) | (8,145) | (6,932) | (8,583) | ||
| Nonoperating income | 1,189 | 787 | 359 | 1 | 2 | 101 | ||
| Investment income, nonoperating | 1 | 2 | 101 | |||||
| Government assistance, nonoperating income, increase (decrease) | 664 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other nonoperating income | 9 | 203 | 6 | |||||
| Loss from continuing operations: | (5,299) | (5,194) | (5,758) | (8,144) | (6,930) | (8,482) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (8,144) | (6,930) | (8,482) | |
| Other undisclosed net income | 252 | 44 | ||||||
| Net loss: | (5,299) | (5,194) | (5,758) | (7,892) | (6,886) | (8,482) | ||
| Net income attributable to noncontrolling interest | 1 | 3 | ||||||
| Other undisclosed net income attributable to parent | 2 | |||||||
| Net loss available to common stockholders, diluted: | (5,299) | (5,194) | (5,758) | (7,891) | (6,884) | (8,479) | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (5,299) | (5,194) | (5,758) | (7,892) | (6,886) | (8,482) | ||
| Comprehensive loss: | (5,299) | (5,194) | (5,758) | (7,892) | (6,886) | (8,482) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | 3 | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (4) | (9) | (17) | 8 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (5,303) | (5,203) | (5,775) | (7,883) | (6,886) | (8,479) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.