10-Q · May 15, 2026
ClearSign Technologies Corporation reported consolidated revenues of $191,000 for Q1 2026, a decrease from $401,000 in Q1 2025, resulting in a significant drop in gross profit by $589,000 or 300.5%. The company…
Earnings analysis · 10-Q
CLIR earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The provided 10-Q extract does not include the income statement, balance sheet, cash-flow statement, segment disclosures, or MD&A, so revenue, margins, EPS, liquidity, cash flow, and operating trends cannot be assessed…
Read full summary
The provided 10-Q extract does not include the income statement, balance sheet, cash-flow statement, segment disclosures, or MD&A, so revenue, margins, EPS, liquidity, cash flow, and operating trends cannot be assessed from the filing text supplied. The filing discloses 375 shares issued at $8.59 per share for investor-relations services and states that controls were effective as of June 30, 2026. No quantitative guidance was provided, and management reported no material changes to the risk factors incorporated from the December 31, 2025 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Investor-relations share issuance disclosed
The company issued 375 shares of common stock to Firm IR Group LLC on June 29, 2026, at a stated fair-market-value price of $8.59 per share for investor-relations services.
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Controls assessed as effective
Management concluded that disclosure controls and procedures were effective at the reasonable-assurance level as of June 30, 2026.
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No material control changes
The filing states there were 0 material changes to internal control over financial reporting during the quarter ended June 30, 2026.
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No material litigation identified
The company reported that it was not aware of legal proceedings or claims expected to have a material adverse effect on its business, financial condition, or operating results as of the filing.
What to watch
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Additional equity dilution
The issuance of 375 common shares at $8.59 per share increases the share count and creates incremental dilution for existing holders, although the filing characterizes the issuance as compensation for investor-relations services.
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Residual control risk
The filing states that internal controls provide only reasonable, not absolute, assurance; it specifically identifies the possibility of errors, fraud, collusion, management override, or control breakdowns despite the controls assessment.
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Potential litigation exposure
The company states that litigation is subject to inherent uncertainties and that adverse results may arise from time to time; no specific monetary exposure was disclosed in the provided filing extract.
Management's outlook
No quantitative operating or financial outlook was disclosed in the provided filing extract. The 10-Q incorporates prior risk factors and does not provide revenue or EPS guidance.
Earlier filings 4
10-K · March 31, 2026
ClearSign reported full-year 2025 revenue of $5.234 million (up from $3.596 million in 2024) and gross profit of $1.424 million, while continuing to incur operating losses (loss from operations $6.671 million) and a net…
10-Q · November 14, 2024
ClearSign reported Q3 revenue of $1,859,000 (vs. $85,000 in Q3 2023) and gross profit of $551,000, driven by delivery of multiple process burners. Liquidity materially improved through equity raises (proceeds from stock…
10-Q · August 14, 2024
ClearSign reported Q2 revenue of $45 thousand (vs. $150k in Q2 2023 and ~ $1.10M in Q1 2024), producing gross profit of $42k and a net loss of $1.872 million (EPS $(0.04)). The company materially strengthened liquidity…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.