Clearsign Technologies Corp income statement
In fiscal 2025, Clearsign Technologies Corp reported revenue of $5.2m, up 45.6% on the year before, operating income of −$6.7m (a -127.5% margin) and net income of −$5.5m, or −$0.99 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 2 | 4 | 5 | 5 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 2 | 4 | 4 |
| Gross profit | 0 | 0 | 0 | 0 | 0 | −0 | −0 | −0 | 0 | 1 | 1 | 1 | 0 |
| Research and development | 2 | 3 | 5 | 5 | 4 | 3 | 2 | 3 | 1 | 1 | 1 | 1 | 1 |
| General and administrative | 5 | 5 | 7 | 5 | 6 | 6 | 5 | 5 | 6 | 6 | 6 | 7 | 6 |
| Operating income | −7 | −8 | −11 | −10 | −10 | −9 | −7 | −8 | −6 | −6 | −6 | −7 | −6 |
| Net interest income | — | — | — | — | — | — | — | 0 | 0 | 0 | — | — | — |
| Income before tax | — | — | — | — | — | — | — | −8 | −6 | −5 | −5 | −5 | — |
| Income tax | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −7 | −8 | −11 | −10 | −10 | −8 | −7 | −8 | −6 | −5 | −5 | −5 | −5 |
| Diluted EPS | −$7.70 | −$6.30 | −$8.60 | $6.30 | $4.20 | $3.20 | −$2.50 | −$0.25 | −$0.16 | −$0.13 | −$1.08 | −$0.99 | — |
| Diluted shares (average) | — | — | — | — | — | — | — | 3m | 4m | 4m | 5m | 6m | — |
| EBITDA | −7 | −8 | −11 | −9 | −9 | −8 | −7 | −8 | −6 | −6 | −6 | −7 | −6 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 712 | 590 | 401 | 133 | 1,029 | 3,671 | 191 | 560 |
| Cost of revenue | 1,308 | 502 | 205 | 78 | 661 | 2,866 | 584 | 332 |
| Gross profit | 72 | 88 | 196 | 55 | 368 | 186 | −393 | 228 |
| Research and development | 329 | 459 | 447 | 247 | 310 | 418 | 249 | 448 |
| General and administrative | 1,655 | 1,295 | 2,006 | 1,646 | 1,808 | 1,213 | 1,637 | 1,278 |
| Operating income | −1,433 | −1,666 | −2,257 | −1,838 | −1,750 | −826 | −2,279 | −1,498 |
| Net income | −1,155 | −1,164 | −2,076 | −1,680 | −1,429 | −311 | −2,190 | −1,307 |
| Diluted EPS | −$0.20 | −$0.25 | −$0.38 | −$0.30 | −$2.60 | −$0.06 | −$0.39 | −$0.22 |
| EBITDA | −1,429 | −1,660 | −2,252 | −1,831 | −1,743 | −820 | −2,273 | −1,495 |
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