ClearOne Inc. (DE) (CLRO) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
5225 WILEY POST WAY SALT LAKE CITY, UT 84116 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3661 - Telephone and Telegraph Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 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 | 1,417 | 21,315 | 984 | 2,861 | 4,920 | 7,090 | |||
| Cash and cash equivalent | 1,417 | 17,835 | 984 | 1,071 | 3,803 | 4,064 | |||
| Short-term investments | 3,480 | 1,790 | 1,117 | 3,026 | |||||
| Restricted cash and investments | |||||||||
| Receivables | 2,218 | 3,315 | 4,674 | 12,526 | 12,363 | 5,468 | |||
| Inventory, net of allowances, customer advances and progress billings | 11,224 | 10,625 | 8,961 | 10,033 | 10,463 | 11,441 | |||
| Inventory | 11,224 | 10,625 | 8,961 | 10,033 | 10,463 | 11,441 | |||
| Disposal group, including discontinued operation | |||||||||
| Asset, held-for-sale, not part of disposal group | |||||||||
| Other undisclosed current assets | 3,894 | 8,062 | 62,808 | 4,021 | 1,536 | 1,184 | |||
| Total current assets: | 18,753 | 43,317 | 77,427 | 29,441 | 29,282 | 25,183 | |||
| Noncurrent Assets | |||||||||
| Inventory, Noncurrent | 4,920 | 3,143 | 2,707 | 3,567 | 4,590 | 6,284 | |||
| Operating lease, right-of-use asset | 750 | 990 | 1,047 | 1,537 | 1,936 | 2,459 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 500 | 530 | 383 | 744 | 906 | 1,044 | |||
| Long-term investments and receivables | 916 | 1,220 | 1,762 | 1,517 | |||||
| Long-term investments | 916 | 1,220 | 1,762 | 1,517 | |||||
| Intangible asset, including goodwill, after accumulated amortization | 1,539 | 1,689 | 2,071 | 25,086 | 19,248 | 14,009 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 1,539 | 1,689 | 2,071 | 25,086 | 19,248 | 14,009 | |||
| Disposal group, including discontinued operation, noncurrent assets | |||||||||
| Other noncurrent assets | 82 | 109 | 115 | 4,597 | 4,599 | 4,614 | |||
| Total noncurrent assets: | 7,791 | 7,377 | 6,323 | 36,751 | 33,041 | 29,927 | |||
| TOTAL ASSETS: | 26,544 | 50,694 | 83,750 | 66,192 | 62,323 | 55,110 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,528 | 4,235 | 4,325 | 7,937 | 6,302 | 6,076 | |||
| Accounts payable | 1,804 | 1,945 | 1,284 | 5,388 | 3,950 | 2,871 | |||
| Accrued liabilities | 1,724 | 2,290 | 3,041 | 2,549 | 2,352 | 3,205 | |||
| Deferred revenue | 17 | 30 | 63 | 54 | 123 | 173 | |||
| Debt | 3,732 | 3,481 | 672 | ||||||
| Disposal group, including discontinued operation | |||||||||
| Other undisclosed current liabilities | |||||||||
| Total current liabilities: | 3,545 | 4,265 | 8,120 | 11,472 | 7,097 | 6,249 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,561 | 4,734 | 4,243 | ||||||
| Long-term debt, excluding current maturities | 1,535 | 3,245 | 2,222 | ||||||
| Liabilities, other than long-term debt | 1,668 | 1,744 | 1,500 | 655 | 678 | 140 | |||
| Disposal group, including discontinued operation, liabilities | |||||||||
| Other liabilities | 1,154 | 1,079 | 1,008 | 655 | 678 | 140 | |||
| Operating lease, liability | 514 | 665 | 492 | 1,026 | 1,489 | 2,021 | |||
| Total noncurrent liabilities: | 1,668 | 1,744 | 1,500 | 3,216 | 5,412 | 4,383 | |||
| Total liabilities: | 5,213 | 6,009 | 9,620 | 14,688 | 12,509 | 10,632 | |||
| Temporary equity, including noncontrolling interest | |||||||||
| Equity | |||||||||
| Equity, attributable to parent | 21,331 | 44,685 | 74,130 | 51,504 | 49,814 | 44,478 | |||
| Preferred stock | |||||||||
| Common stock | 24 | 24 | 24 | 22 | 19 | 17 | |||
| Additional paid in capital | 31,672 | 46,047 | 74,910 | 72,795 | 63,359 | 58,520 | |||
| Accumulated other comprehensive loss | (306) | (310) | (288) | (241) | (186) | (176) | |||
| Accumulated deficit | (10,059) | (1,076) | (516) | (21,072) | (13,378) | (13,883) | |||
| Total equity: | 21,331 | 44,685 | 74,130 | 51,504 | 49,814 | 44,478 | |||
| TOTAL LIABILITIES AND EQUITY: | 26,544 | 50,694 | 83,750 | 66,192 | 62,323 | 55,110 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11,386 | 18,704 | 25,205 | 28,967 | 29,069 | 25,042 | ||
| Cost of revenue (Cost of Product and Service Sold) | (8,757) | (12,347) | (15,748) | (17,051) | (16,510) | (13,849) | ||
| Gross profit: | 2,629 | 6,357 | 9,457 | 11,916 | 12,559 | 11,193 | ||
| Operating expenses | (11,840) | (13,129) | (16,679) | (19,411) | (18,126) | (19,755) | ||
| Operating loss: | (9,211) | (6,772) | (7,222) | (7,495) | (5,567) | (8,562) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 155 | 7,183 | 35,102 | 32 | 79 | 210 | ||
| Interest and debt expense | (537) | (420) | (514) | (436) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (9,056) | (126) | 27,460 | (7,977) | (5,924) | (8,352) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 228 | |||||||
| Income (loss) from continuing operations before income taxes: | (8,828) | (126) | 27,460 | (7,977) | (5,924) | (8,352) | ||
| Income tax expense (benefit) | (155) | (434) | (6,904) | 283 | 6,429 | (56) | ||
| Income (loss) from continuing operations: | (8,983) | (560) | 20,556 | (7,694) | 505 | (8,408) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (7,694) | 505 | (8,408) | |
| Net income (loss): | (8,983) | (560) | 20,556 | (7,694) | 505 | (8,408) | ||
| Other undisclosed net loss attributable to parent | ||||||||
| Net income (loss) available to common stockholders, basic: | (8,983) | (560) | 20,556 | (7,694) | 505 | (8,408) | ||
| Interest on convertible debt | 285 | |||||||
| Net income (loss) available to common stockholders, diluted: | (8,983) | (560) | 20,841 | (7,694) | 505 | (8,408) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (8,983) | (560) | 20,556 | (7,694) | 505 | (8,408) | ||
| Comprehensive income (loss): | (8,983) | (560) | 20,556 | (7,694) | 505 | (8,408) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 4 | (22) | (47) | (55) | (10) | 5 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (8,979) | (582) | 20,509 | (7,749) | 495 | (8,403) | ||
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.