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ClearSign Combustion
(NASDAQ:CLIR)
ClearSign Combustion (CLIR) vs. SPDR S&P 500 ETF (SPY)
ClearSign Combustion Business Overview & Revenue Model
ClearSign Combustion Earnings Call Summary
ClearSign Combustion Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.98M | 3.60M | 2.40M | 374.00K | 607.00K | 0.00 |
| Gross Profit | 890.00K | 1.12M | 817.00K | 116.00K | -452.00K | -279.00K |
| EBITDA | -6.31M | -5.55M | -4.77M | -5.47M | -7.63M | -6.72M |
| Net Income | -6.08M | -5.30M | -5.19M | -5.40M | -7.89M | -6.84M |
Balance Sheet | ||||||
| Total Assets | 14.23M | 15.92M | 7.62M | 10.93M | 9.36M | 11.12M |
| Cash, Cash Equivalents and Short-Term Investments | 12.34M | 14.04M | 5.68M | 9.06M | 7.61M | 8.82M |
| Total Debt | 208.00K | 188.00K | 243.00K | 359.00K | 555.00K | 669.00K |
| Total Liabilities | 3.82M | 2.15M | 2.43M | 1.37M | 1.08M | 1.58M |
| Stockholders Equity | 10.41M | 13.76M | 5.19M | 9.55M | 8.28M | 9.54M |
Cash Flow | ||||||
| Free Cash Flow | -3.59M | -4.59M | -3.43M | -5.16M | -6.92M | -6.16M |
| Operating Cash Flow | -3.47M | -4.37M | -3.23M | -4.99M | -6.71M | -5.96M |
| Investing Cash Flow | -158.00K | -218.00K | 2.49M | -2.69M | -213.00K | -194.00K |
| Financing Cash Flow | -7.00K | 12.95M | -15.00K | 6.54M | 5.69M | 6.43M |
ClearSign Combustion Technical Analysis
ClearSign Combustion Risk Analysis
ClearSign Combustion Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $9.29M | 12.83 | 4.68% | ― | -14.25% | -59.84% | |
64 Neutral | $10.95B | 16.10 | 8.81% | 1.99% | 2.59% | -16.41% | |
56 Neutral | $30.41M | ― | -46.19% | ― | 19.03% | 11.70% | |
53 Neutral | $97.57M | ― | -7.69% | ― | -4.78% | -1359.72% | |
49 Neutral | $18.70M | ― | -78.97% | ― | -12.76% | 15.23% | |
41 Neutral | $17.14M | ― | -94.24% | ― | -12.72% | -36.80% | |
39 Underperform | $40.81M | ― | -160.82% | ― | ― | ― |
ClearSign Combustion Corporate Events
On August 14, 2025, ClearSign Technologies Corporation announced its second-quarter 2025 financial results and provided updates on its operations. The company reported significant progress on major multi-heater process burner projects and steps towards launching new product offerings, which are expected to support future growth. ClearSign received several engineering orders, including enhancements to its process burner technology for a California refinery and a low emissions flare burner for an energy company. Additionally, the company launched its new ClearSign Core™ M-Series process burner technology, with installations in Texas and sales in Colorado, and expanded its collaboration with Zeeco, Inc. to launch co-branded burner lines. These developments highlight ClearSign’s strategic positioning to serve a broader market segment and emphasize the strength of its technology.
On August 8, 2025, ClearSign Technologies Corporation announced the voluntary resignations of Judith S. Schrecker and Catharine M. de Lacy from its Board of Directors, effective August 4, 2025. This led to a temporary non-compliance with Nasdaq’s board independence and audit committee composition requirements. The company plans to address this by appointing a new independent director and has been granted a cure period by Nasdaq. The resignations were not due to any disagreements, and the board size was reduced from six to five members. ClearSign aims to realign its board to support its growth and commercialization objectives.
On July 25, 2025, ClearSign Technologies Corporation held its annual meeting of stockholders where 70.82% of the voting power was represented. During the meeting, all six nominees for the board of directors were re-elected, and the board size was reduced from seven to six following the decision of former director David M. Maley not to stand for re-election. Additionally, stockholders approved the appointment of BPM CPA LLP as the independent registered public accounting firm for 2025 and endorsed the compensation for the company’s named executive officers.
On July 17, 2025, ClearSign Technologies Corporation entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC, allowing the company to sell shares of its common stock up to $10,390,000. The proceeds from this offering are intended for working capital, research and development, marketing, sales, and general corporate purposes. This move follows the termination of a previous agreement with Virtu Americas LLC on July 12, 2025, which had a similar purpose but a lower aggregate offering price of $8,700,000.
ClearSign Technologies Corporation has announced changes in the composition of its board committees, effective June 27, 2025. These changes involve the appointment of new members to the Audit and Risk Committee, Human Capital and Compensation Committee, and Nominating and Corporate Governance Committee, which may impact the company’s governance and strategic direction.
On May 22, 2025, ClearSign Technologies Corporation entered into cooperation agreements with Richard D. Clarkson and Anthony DiGiandomenico, leading to the withdrawal of previous director nomination notices and the expansion of the company’s board from five to seven members. This strategic move, announced on May 27, 2025, aims to strengthen ClearSign’s board with the appointment of Anthony DiGiandomenico and Lou Basenese, who bring extensive experience in capital markets and industry connections, enhancing the company’s governance and strategic direction. Additionally, board member David M. Maley announced he will not seek re-election, leaving the board to decide on a potential replacement.
On May 21, 2025, ClearSign Technologies Corporation announced its first-quarter 2025 operational results, highlighting significant developments such as the launch of co-branded process burner lines with Zeeco and the introduction of the M Series burners for the midstream market. The company also secured commitments for the first commercial installation of its ‘ClearSign Eye’ Sensor at a major refinery and received an engineering order for a low emissions flare burner in California. These advancements indicate ClearSign’s strategic expansion in product offerings and market presence, potentially strengthening its industry positioning and stakeholder interest.