ClearSign Technologies Corporation (CLIR) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
8023 E. 63RD PLACE, SUITE 101 TULSA, OK 74133 |
| State of Incorp. | WA |
| 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)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 9,780 | 9,007 | 6,667 | 7,607 | 10,642 | |||
| Cash and cash equivalents | 5,880 | 9,007 | 6,667 | 7,607 | 10,642 | |||
| Short-term investments | 3,900 | |||||||
| Receivables | 38 | 27 | 33 | |||||
| Prepaid expense | 345 | |||||||
| Contract with customer, asset | 284 | 486 | 244 | 39 | 108 | |||
| Other undisclosed current assets | 506 | 605 | 401 | 547 | ||||
| Total current assets: | 10,608 | 10,098 | 7,339 | 8,024 | 11,297 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 427 | 477 | 493 | 530 | 676 | |||
| Intangible assets, net (including goodwill) | 818 | 812 | 802 | 799 | 1,296 | |||
| Intangible assets, net (excluding goodwill) | 818 | 812 | 802 | 799 | 1,296 | |||
| Other noncurrent assets | 10 | 10 | 10 | 10 | 10 | |||
| Total noncurrent assets: | 1,255 | 1,299 | 1,305 | 1,339 | 1,982 | |||
| TOTAL ASSETS: | 11,863 | 11,397 | 8,644 | 9,363 | 13,279 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 587 | 641 | 490 | 442 | 838 | |||
| Accounts payable | 287 | 356 | 294 | 224 | 448 | |||
| Accrued liabilities | 300 | 285 | 196 | 218 | 390 | |||
| Deferred revenue | 61 | 84 | 84 | 84 | 48 | |||
| Other undisclosed current liabilities | 180 | 227 | 212 | 205 | 198 | |||
| Total current liabilities: | 828 | 952 | 786 | 731 | 1,084 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 239 | 252 | 294 | 350 | 454 | |||
| Operating lease, liability | 239 | 252 | 294 | 350 | 454 | |||
| Other undisclosed noncurrent liabilities | (239) | (252) | (294) | (350) | (454) | |||
| Total noncurrent liabilities: | 239 | 252 | 294 | 454 | ||||
| Total liabilities: | 1,067 | 1,204 | 1,080 | 1,081 | 1,538 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 10,796 | 10,193 | 7,564 | 8,282 | 11,741 | |||
| Common stock | 4 | 4 | 3 | 3 | 3 | |||
| Additional paid in capital | 98,008 | 96,083 | 91,807 | 91,035 | 90,923 | |||
| Accumulated other comprehensive income (loss) | (11) | (1) | 9 | 9 | ||||
| Accumulated deficit | (87,205) | (85,893) | (84,255) | (82,765) | (79,185) | |||
| Total stockholders' equity: | 10,796 | 10,193 | 7,564 | 8,282 | 11,741 | |||
| TOTAL LIABILITIES AND EQUITY: | 11,863 | 11,397 | 8,644 | 9,363 | 13,279 | |||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 324 | 8 | 607 | ||||
| Other income | 8 | ||||||
| Cost of revenue (Cost of Goods and Services Sold) | (201) | (505) | |||||
| Gross profit: | 123 | 8 | (505) | ||||
| Operating expenses | (1,558) | (1,660) | (1,517) | (2,037) | |||
| Other undisclosed operating loss | (8) | ||||||
| Operating loss: | (1,435) | (1,660) | (1,517) | (2,542) | |||
| Nonoperating income | 123 | 22 | 4 | ||||
| Other nonoperating income | 22 | 4 | |||||
| Interest and debt expense | 251 | ||||||
| Loss before gain (loss) on sale of properties: | (1,312) | (1,638) | (1,513) | (2,291) | |||
| Other undisclosed net income | 23 | ||||||
| Net loss: | (1,312) | (1,638) | (1,490) | (2,291) | |||
| Net income attributable to noncontrolling interest | 1 | ||||||
| Net loss available to common stockholders, diluted: | (1,312) | (1,638) | (1,490) | (2,290) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (1,312) | (1,638) | (1,490) | (2,291) | |||
| Comprehensive loss: | (1,312) | (1,638) | (1,490) | (2,291) | |||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (1,312) | (1,638) | (1,490) | (2,290) | |||
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.