CLIR Financial Statements

Balance sheet, income statement, cash flow, and dividends for Clearsign Technologies Corp (CLIR).


$72.34M Market Cap.

As of 04/01/2025 5:00 PM ET (MRY) • Disclaimer

CLIR Market Cap. (MRY)


CLIR Shares Outstanding (MRY)


CLIR Assets (MRY)


Total Assets

$15.92M

Total Liabilities

$2.15M

Total Investments

$0

CLIR Income (MRY)


Revenue

$3.60M

Net Income

-$5.30M

Operating Expense

$7.61M

CLIR Cash Flow (MRY)


CF Operations

-$4.37M

CF Investing

-$218.00K

CF Financing

$12.95M

CLIR Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

CLIR Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$15,916,000 (108.87%)

$7,620,000 (-30.25%)

$10,925,000 (16.68%)

$9,363,000 (-15.81%)

Assets Current

$14,848,000 (128.11%)

$6,509,000 (-33.12%)

$9,733,000 (21.30%)

$8,024,000 (-14.47%)

Assets Non-Current

$1,068,000 (-3.87%)

$1,111,000 (-6.80%)

$1,192,000 (-10.98%)

$1,339,000 (-23.00%)

Goodwill & Intangible Assets

$830,000 (-0.72%)

$836,000 (4.76%)

$798,000 (-0.13%)

$799,000 (-38.63%)

Shareholders Equity

$13,764,000 (165.10%)

$5,192,000 (-45.64%)

$9,552,000 (15.33%)

$8,282,000 (-13.19%)

Property Plant & Equipment Net

$238,000 (-13.45%)

$275,000 (-28.39%)

$384,000 (-27.55%)

$530,000 (24.12%)

Cash & Equivalents

$14,035,000 (146.92%)

$5,684,000 (-11.89%)

$6,451,000 (-15.20%)

$7,607,000 (-13.79%)

Accumulated Other Comprehensive Income

-$21,000 (-23.53%)

-$17,000 (-112.50%)

-$8,000 (-188.89%)

$9,000 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$2,606,000 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$2,606,000 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$165,000 (-42.51%)

$287,000 (263.29%)

$79,000 (139.39%)

$33,000 (0%)

Trade & Non-Trade Payables

$1,220,000 (233.33%)

$366,000 (23.65%)

$296,000 (32.14%)

$224,000 (-48.51%)

Accumulated Retained Earnings (Deficit)

-$99,016,000 (-5.65%)

-$93,717,000 (-5.87%)

-$88,523,000 (-6.96%)

-$82,765,000 (-10.54%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$188,000 (-22.63%)

$243,000 (-32.31%)

$359,000 (-35.32%)

$555,000 (-17.04%)

Debt Current

$75,000 (5.63%)

$71,000 (-46.62%)

$133,000 (-35.12%)

$205,000 (21.30%)

Debt Non-Current

$113,000 (-34.30%)

$172,000 (-23.89%)

$226,000 (-35.43%)

$350,000 (-30.00%)

Total Liabilities

$2,152,000 (-11.37%)

$2,428,000 (76.84%)

$1,373,000 (27.01%)

$1,081,000 (-31.58%)

Liabilities Current

$2,039,000 (-9.62%)

$2,256,000 (96.69%)

$1,147,000 (56.91%)

$731,000 (-32.31%)

Liabilities Non-Current

$113,000 (-34.30%)

$172,000 (-23.89%)

$226,000 (-35.43%)

$350,000 (-30.00%)

CLIR Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$3,596,000 (49.65%)

$2,403,000 (542.51%)

$374,000 (-38.39%)

$607,000 (0%)

Cost of Revenue

$2,478,000 (56.24%)

$1,586,000 (514.73%)

$258,000 (-75.64%)

$1,059,000 (279.57%)

Selling General & Administrative Expense

$6,135,000 (1.25%)

$6,059,000 (5.78%)

$5,728,000 (14.26%)

$5,013,000 (8.41%)

Research & Development Expense

$1,471,000 (99.05%)

$739,000 (46.34%)

$505,000 (-81.16%)

$2,680,000 (32.08%)

Operating Expenses

$7,606,000 (11.89%)

$6,798,000 (9.06%)

$6,233,000 (-18.98%)

$7,693,000 (15.63%)

Interest Expense

$0 (0%)

-$324,000 (-290.36%)

-$83,000 (-8200.00%)

-$1,000 (0%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$5,299,000 (-2.02%)

-$5,194,000 (9.80%)

-$5,758,000 (27.04%)

-$7,892,000 (-14.61%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

-$1,000 (50.00%)

Net Income

-$5,299,000 (-2.02%)

-$5,194,000 (9.80%)

-$5,758,000 (27.03%)

-$7,891,000 (-14.63%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$5,299,000 (-2.02%)

-$5,194,000 (9.80%)

-$5,758,000 (27.03%)

-$7,891,000 (-14.63%)

Weighted Average Shares

$48,935,988 (27.10%)

$38,500,933 (8.95%)

$35,338,712 (13.15%)

$31,230,806 (12.19%)

Weighted Average Shares Diluted

$48,935,988 (27.10%)

$38,500,933 (8.95%)

$35,338,712 (13.15%)

$31,230,806 (12.19%)

Earning Before Interest & Taxes (EBIT)

-$5,299,000 (3.97%)

-$5,518,000 (5.53%)

-$5,841,000 (25.99%)

-$7,892,000 (-14.64%)

Gross Profit

$1,118,000 (36.84%)

$817,000 (604.31%)

$116,000 (125.66%)

-$452,000 (-62.01%)

Operating Income

-$6,488,000 (-8.48%)

-$5,981,000 (2.22%)

-$6,117,000 (24.90%)

-$8,145,000 (-17.50%)

CLIR Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$218,000 (-108.76%)

$2,490,000 (192.70%)

-$2,686,000 (-1161.03%)

-$213,000 (-9.79%)

Net Cash Flow from Financing

$12,946,000 (86406.67%)

-$15,000 (-100.23%)

$6,539,000 (14.84%)

$5,694,000 (-11.45%)

Net Cash Flow from Operations

-$4,373,000 (-35.26%)

-$3,233,000 (35.24%)

-$4,992,000 (25.57%)

-$6,707,000 (-12.46%)

Net Cash Flow / Change in Cash & Cash Equivalents

$8,351,000 (1188.79%)

-$767,000 (33.65%)

-$1,156,000 (5.01%)

-$1,217,000 (-547.43%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$2,685,000 (204.84%)

-$2,561,000 (0%)

$0 (0%)

Capital Expenditure

-$39,000 (-880.00%)

$5,000 (-82.76%)

$29,000 (139.73%)

-$73,000 (-329.41%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$12,992,000 (0%)

$0 (0%)

$6,539,000 (14.84%)

$5,694,000 (-7.85%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$4,000 (55.56%)

-$9,000 (47.06%)

-$17,000 (-288.89%)

$9,000 (0%)

Share Based Compensation

$557,000 (-10.74%)

$624,000 (56.39%)

$399,000 (-44.04%)

$713,000 (-12.73%)

Depreciation Amortization & Accretion

$272,000 (-35.85%)

$424,000 (45.21%)

$292,000 (-34.82%)

$448,000 (113.33%)

CLIR Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

31.10% (-8.53%)

34.00% (9.68%)

31.00% (141.61%)

-74.50%

Profit Margin

-147.40% (31.79%)

-216.10% (85.96%)

-1539.60% (-18.43%)

-1300.00%

EBITDA Margin

-139.80% (34.06%)

-212.00% (85.71%)

-1483.70% (-20.98%)

-1226.40%

Return on Average Equity (ROAE)

-43.30% (43.98%)

-77.30% (-27.98%)

-60.40% (20.94%)

-76.40% (4.38%)

Return on Average Assets (ROAA)

-36.90% (33.99%)

-55.90% (-3.90%)

-53.80% (19.82%)

-67.10% (-1.82%)

Return on Sales (ROS)

-147.40% (35.80%)

-229.60% (85.30%)

-1561.80% (-20.12%)

-1300.20%

Return on Invested Capital (ROIC)

981.30% (-88.80%)

8758.70% (3714.82%)

-242.30% (70.16%)

-812.10% (50.54%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-13.09 (-53.33%)

-8.54 (-154.87%)

-3.35 (39.31%)

-5.52 (52.90%)

Price to Sales Ratio (P/S)

19.6 (10.19%)

17.78 (-64.89%)

50.65 (-28.67%)

71

Price to Book Ratio (P/B)

5.26 (-36.25%)

8.24 (286.54%)

2.13 (-59.46%)

5.26 (-42.98%)

Debt to Equity Ratio (D/E)

0.16 (-66.67%)

0.47 (225.00%)

0.14 (9.92%)

0.13 (-21.08%)

Earnings Per Share (EPS)

-0.11 (15.38%)

-0.13 (18.75%)

-0.16 (36.00%)

-0.25 (0.00%)

Sales Per Share (SPS)

0.07 (17.74%)

0.06 (463.64%)

0.01 (-42.11%)

0.02 (0%)

Free Cash Flow Per Share (FCFPS)

-0.09 (-7.14%)

-0.08 (40.00%)

-0.14 (35.48%)

-0.22 (-0.93%)

Book Value Per Share (BVPS)

0.28 (108.15%)

0.14 (-50.00%)

0.27 (1.89%)

0.27 (-22.74%)

Tangible Assets Book Value Per Share (TABVPS)

0.31 (75.00%)

0.18 (-38.68%)

0.29 (4.74%)

0.27 (-22.38%)

Enterprise Value Over EBIT (EV/EBIT)

-11 (-83.33%)

-6 (-100.00%)

-3 (25.00%)

-4 (63.64%)

Enterprise Value Over EBITDA (EV/EBITDA)

-11.55 (-64.18%)

-7.04 (-161.72%)

-2.69 (43.37%)

-4.75 (59.43%)

Asset Turnover

0.25 (-3.47%)

0.26 (640.00%)

0.04 (-32.69%)

0.05 (0%)

Current Ratio

7.28 (152.41%)

2.88 (-66.00%)

8.49 (-22.69%)

10.98 (26.36%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$4,412,000 (-36.68%)

-$3,228,000 (34.96%)

-$4,963,000 (26.80%)

-$6,780,000 (-13.36%)

Enterprise Value (EV)

$58,061,546 (62.02%)

$35,837,078 (140.23%)

$14,917,694 (-57.78%)

$35,337,092 (-54.75%)

Earnings Before Tax (EBT)

-$5,299,000 (-2.02%)

-$5,194,000 (9.80%)

-$5,758,000 (27.03%)

-$7,891,000 (-14.63%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$5,027,000 (1.32%)

-$5,094,000 (8.20%)

-$5,549,000 (25.46%)

-$7,444,000 (-11.54%)

Invested Capital

-$800,000 (12.38%)

-$913,000 (-131.61%)

$2,888,000 (269.78%)

$781,000 (33.73%)

Working Capital

$12,809,000 (201.18%)

$4,253,000 (-50.47%)

$8,586,000 (17.73%)

$7,293,000 (-12.15%)

Tangible Asset Value

$15,086,000 (122.38%)

$6,784,000 (-33.01%)

$10,127,000 (18.25%)

$8,564,000 (-12.78%)

Market Capitalization

$72,337,546 (68.98%)

$42,808,078 (110.06%)

$20,378,694 (-53.23%)

$43,573,092 (-50.50%)

Average Equity

$12,234,250 (82.04%)

$6,720,750 (-29.45%)

$9,526,250 (-7.76%)

$10,327,500 (19.88%)

Average Assets

$14,364,500 (54.53%)

$9,295,750 (-13.18%)

$10,707,250 (-8.95%)

$11,760,250 (12.64%)

Invested Capital Average

-$540,000 (-757.14%)

-$63,000 (-102.61%)

$2,411,000 (148.11%)

$971,750 (131.78%)

Shares

50,234,407 (30.26%)

38,565,836 (1.44%)

38,019,951 (20.41%)

31,574,704 (5.10%)