ClearSign Technologies Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $9.2M | $14.0M | $5.7M | $6.5M | $7.6M | $8.8M | $8.6M | $8.9M |
| Accounts Receivable | $1.4M | $165.0K | $287.0K | $79.0K | $33.0K | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $11.2M | $15.2M | $6.5M | $9.7M | $8.0M | $9.4M | $9.0M | $16.4M |
| Property, Plant & Equipment | $195.0K | $238.0K | $275.0K | $384.0K | $530.0K | $427.0K | $665.0K | $457.0K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $760.0K | $830.0K | $836.0K | $798.0K | $799.0K | $1.3M | $1.3M | $1.8M |
| Total Assets | $12.2M | $16.3M | $7.6M | $10.9M | $9.4M | $11.1M | $10.9M | $18.6M |
| Liabilities | ||||||||
| Accounts Payable | $1.6M | $1.2M | $366.0K | $296.0K | $224.0K | $435.0K | $845.0K | $1.1M |
| Total Current Liabilities | $2.6M | $2.4M | $2.3M | $1.1M | $731.0K | $1.1M | $1.3M | $1.6M |
| Long-Term Debt | — | — | — | — | — | $251.0K | — | — |
| Total Liabilities | $2.7M | $2.5M | $2.4M | $1.4M | $1.1M | $1.6M | $1.7M | $1.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-104.5M | $-99.0M | $-93.7M | $-88.5M | $-82.8M | $-74.9M | $-68.0M | $-59.5M |
| Total Stockholders' Equity | $9.5M | $13.8M | $5.2M | $9.6M | $8.3M | $9.5M | $9.2M | $16.9M |