ClearSign Technologies Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2M | $3.6M | $2.4M | $374.0K | $607.0K | $0 | $0 | $530.0K |
| Cost of Revenue | $3.8M | $2.5M | $1.6M | $258.0K | $1.1M | $279.0K | $1.0K | $427.0K |
| Gross Profit | $1.4M | $1.1M | $817.0K | $116.0K | $-452.0K | $-279.0K | $-1.0K | $103.0K |
| Gross Margin | 27.2% | 31.1% | 34.0% | 31.0% | -74.5% | — | — | 19.4% |
| Operating Expenses | ||||||||
| Research & Development | $1.4M | $1.5M | $739.0K | $505.0K | $2.7M | $2.0M | $3.1M | $4.1M |
| SG&A Expense | $6.7M | $6.1M | $6.1M | $5.7M | $5.0M | $4.6M | $5.5M | $5.6M |
| Operating Income | $-6.7M | $-6.5M | $-6.0M | $-6.1M | $-8.1M | $-6.9M | $-8.6M | $-9.6M |
| Operating Margin | -127.5% | -180.4% | -248.9% | -1,635.6% | -1,341.8% | — | — | -1,805.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-5.5M | $-5.3M | $-5.2M | $-5.8M | $-7.9M | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | — | — | — |
| Net Income | $-5.5M | $-5.3M | $-5.2M | $-5.8M | $-7.9M | $-6.9M | $-8.5M | $-9.5M |
| Net Margin | -105.0% | -147.4% | -216.1% | -1,539.6% | -1,300.0% | — | — | -1,792.5% |
| EPS (Basic) | $-0.99 | $-1.08 | $-0.13 | $-0.16 | $-0.25 | $-0.02 | $0.03 | $0.04 |
| EPS (Diluted) | $-0.99 | $-1.08 | $-0.13 | $-0.16 | $-0.25 | $-0.02 | $0.03 | $0.04 |
| Shares Outstanding (Basic) | 5.6M | 4.9M | 38.5M | 35.3M | 31.2M | — | — | — |
| Shares Outstanding (Diluted) | 5.6M | 4.9M | 38.5M | 35.3M | 31.2M | 30.5M | 24.3M | 37.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |