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NASDAQ · INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL · SMALL CAP

ClearSign Technologies Corp. CLIR

15 fiscal years on record · USD · FY2025 reported · SEC filings only
$5.2M
▲ 45.6% YoY
$-5.5M
$-4.7M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We design and develop technologies for the purpose of decarbonization and improving key performance characteristics of industrial and commercial combustion systems, including emission and operational performance, energy efficiency, and overall cost-effectiveness. We believe that our patented ClearSign Core™ technology can enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production, midstream gas processing and transportation, and down-stream refining), institutional, commercial and industrial boiler, chemical, and petrochemical industries. Our ClearSign CoreTM technology, which is our primary technology, uses either a porous ceramic structure or metal flame holder device held at a distance from the injection planes of a burner to significantly reduce flame length and achieve low emissions without the need for external flue gas recirculation, selective catalytic reduction, or high excess air systems. To date, our operations have been funded primarily through sales of our equity securities. We believe that it is in the best interests of the Company and our stockholders to develop our business utilizing an “asset light” model. As of December 31, 2025, we had 15 full-time employees, and no part-time employees.

Written from the business description in ClearSign Technologies Corporation's annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth

USD 5.2M
Revenue, FY2025 · full 15-year series below
Revenue $M Net income $M
FY2025 · Revenue 5.2 · Net income -5.5
2M4M-5M-10M
201120142017202020232025
Compound annual growth
+141.0%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−105 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -127.5% · Net -105.0%
-5000%-10000%
201120182025
ROE
FY2025 · ROE -47.2%
-200%-400%
201120182025
Three returns, three denominators.

Each USD of equity lost 47 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -4.7
-4M-8M
201120182025

Total assetsUSD 12.2M
CashUSD 9.2M
Current ratio4.34×

Not available: we don't have the total debt figure for this period.

The 15-year record

15 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
CLIR, 15-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.0◌◌◌
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.0◌◌◌◌◌◌◌◌◌◌
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0◌−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.99−1.08−0.13−0.16−0.25−0.250.320.420.63−0.86−0.63−0.77−0.60−0.55−0.67
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————————————
ROE %−47.2−55.9−70.5−64.6−88.6−73.4−64.9−98.2−414.0−150.8−101.7−216.3−85.1−88.1—
Shares out B0.010.050.040.040.030.030.030.030.020.010.010.010.010.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 73 reconciliationsAUDITED

Reconciled in 15 of the 15 fiscal years we could check. Eight checks were skipped: the balance sheet is not tagged before 2011. Seven checks were skipped: revenue is not tagged before 2014. Four checks were skipped: EPS is not tagged before 2011.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityIndustrial Instruments For Measurement, Display, and Control
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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