Clearsign Technologies Corp (OQ:CLIR)

Business Focus: Industrial Machinery & Equipment

Sector:  Industrials Industry:  Industrial Machinery & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 8023 E. 63Rd Place, Suite 101
TULSA OK 74133
Tel: N/A
Website: https://clearsign.com
IR: See website
<
Key People
Robert Thurston Hoffman
Chairman of the Board
Colin James Deller
Chief Executive Officer, Secretary, Director
Matthew Martin
Chief Technology Officer
Brent Hinds
Vice President - Finance, Controller, Treasurer, Principal Accounting Officer
Tina Oby Unachukwu
Director of Customer Relationships and Business Development
 
Business Overview
ClearSign Technologies Corporation designs and develops products and technologies for the purpose of improving key performance characteristics of industrial and commercial systems, including operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness. The Company's patented technologies, embedded in original equipment manufacturer (OEM) products as ClearSign Core, and ClearSign Eye and other sensing configurations, enhance the performance of combustion systems and fuel safety systems in a range of markets, including the energy, including upstream oil production and down-stream refining, commercial/industrial boiler, chemical, petrochemical, transport, and power industries.
Financial Overview
For the fiscal year ended 31 December 2023, Clearsign Technologies Corp revenues increased from $374K to $2.4M. Net loss decreased 10% to $5.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Interest increase from $83K to $324K (income), Other income increase from $6K to $203K (income), Government assistance increase of 10% to $255K (income).
Employees: 15 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $28.35M as of Dec 31, 2023
Annual revenue (TTM): $2.40M as of Dec 31, 2023
EBITDA (TTM): -$5.67M as of Dec 31, 2023
Net annual income (TTM): -$5.19M as of Dec 31, 2023
Free cash flow (TTM): -$3.43M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 39,043,023 as of Apr 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.