…
ClearSign Technologies Corporation designs and develops products and technologies for the purpose of decarbonization and improving key performance characteristics of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong. The company's technologies include ClearSign core burner technology consists of an industrial burner body and a downstream porous ceramic or metal flame stabilizing structure; ClearSign core process burner technology that provides a direct burner replacement for traditional refinery process heaters; ClearSign core boiler burner technology; ClearSign core flaring burners that can be used individually, or in combination, to provide a flare product with extremely low nitrogen oxide emissions; and ClearSign eye flame sensor, an electrical flame sensor for industrial applications. It serves energy, institutional, commercial and industrial boiler, chemical, and petrochemical industries. ClearSign Technologies Corporation was formerly known as ClearSign Combustion Corporation and changed its name to ClearSign Technologies Corporation in November 2019. The company was incorporated in 2008 and is headquartered in Tulsa, Oklahoma.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
ClearSign Combustion Corporation develops combustion-control and retrofit technologies intended to reduce pollutants and improve efficiency in industrial boilers and gas turbines. Long-term growth may be supported by tightening emissions regulations, demand for decarbonization and retrofits, and potential OEM or licensing relationships. Investors may find the company attractive for exposure to technology-based industrial emissions and efficiency solutions.
Principal risks include limited commercial traction and adoption, execution and financing risk, competition from incumbent OEMs and alternative emissions technologies, and sensitivity to regulatory and industrial-cycle variability; investors should monitor these factors.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -5.50M | -5.30M | -5.19M | -5.76M | -7.89M |
| Minority interest | - | - | - | 0.00M | 0.00M |
| Net income | -5.50M | -5.30M | -5.19M | -5.40M | -7.89M |
| Selling general administrative | 6.67M | 6.13M | 6.06M | 5.73M | 5.01M |
| Selling and marketing expenses | - | - | 0.08M | - | - |
| Gross profit | 1.42M | 1.12M | 0.82M | 0.12M | -0.45M |
| Reconciled depreciation | 0.28M | 0.27M | 0.40M | 0.29M | 0.26M |
| Ebit | -5.93M | -5.82M | -5.98M | -5.88M | -8.14M |
| Ebitda | -5.66M | -5.55M | -5.68M | -5.63M | -7.88M |
| Depreciation and amortization | 0.28M | 0.27M | 0.30M | 0.25M | 0.26M |
| Operating income | -5.93M | -6.49M | -5.98M | -5.88M | -8.14M |
| Other operating expenses | 11.17M | 10.08M | 8.38M | 6.26M | 8.75M |
| Interest expense | - | - | - | 0.19M | 0.00M |
| Interest income | 0.44M | 0.52M | 0.32M | - | 0.00M |
| Net interest income | 0.44M | 0.52M | 0.28M | 0.08M | 0.00M |
| Income tax expense | - | - | - | -0.36M | -0.00M |
| Total revenue | 5.23M | 3.60M | 2.40M | 0.37M | 0.61M |
| Total operating expenses | 7.36M | 7.61M | 6.80M | 6.00M | 7.69M |
| Cost of revenue | 3.81M | 2.48M | 1.59M | 0.26M | 1.06M |
| Total other income expense net | 0.44M | 1.19M | 0.79M | 0.13M | 0.25M |
| Net income from continuing ops | -5.50M | -5.30M | -5.56M | -5.76M | -7.89M |
| Net income applicable to common shares | - | - | - | - | -7.89M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 12.18M | 15.92M | 7.62M | 10.93M | 9.36M |
| Intangible assets | 0.76M | 0.83M | 0.84M | 0.80M | 0.80M |
| Other current assets | 0.69M | 0.45M | 0.35M | 0.58M | 0.34M |
| Total liab | 2.65M | 2.15M | 2.43M | 1.37M | 1.08M |
| Total stockholder equity | 9.53M | 13.76M | 5.19M | 9.55M | 8.28M |
| Other current liab | 0.84M | 1.14M | 0.81M | 0.77M | 0.44M |
| Common stock | 0.00M | 0.01M | 0.00M | 0.00M | 0.00M |
| Capital stock | 0.00M | 0.01M | - | 0.00M | 0.00M |
| Retained earnings | -104.51M | -99.02M | -93.72M | -88.52M | -82.77M |
| Other assets | - | - | 0.00M | - | 0.01M |
| Cash | 9.18M | 14.04M | 5.68M | 6.45M | 7.61M |
| Total current liabilities | 2.58M | 2.04M | 2.26M | 1.15M | 0.73M |
| Current deferred revenue | - | 0.07M | 1.12M | 0.25M | 0.08M |
| Net debt | -9.02M | -13.85M | -5.44M | -6.09M | -7.05M |
| Short term debt | 0.10M | 0.07M | 0.07M | 0.13M | 0.20M |
| Short long term debt total | 0.16M | 0.19M | 0.24M | 0.36M | 0.56M |
| Other stockholder equity | 114.06M | 112.80M | 98.92M | 98.08M | 91.03M |
| Property plant equipment | - | - | - | - | 0.53M |
| Total current assets | 11.23M | 14.85M | 6.51M | 9.73M | 8.02M |
| Net tangible assets | - | - | - | - | 7.48M |
| Short term investments | - | - | - | 2.61M | - |
| Net receivables | 1.36M | 0.36M | 0.47M | 0.10M | 0.07M |
| Inventory | - | - | - | - | -0.04M |
| Accounts payable | 1.64M | 0.08M | 0.26M | - | 0.22M |
| Accumulated other comprehensive income | -0.02M | -0.02M | -0.02M | -0.01M | 0.01M |
| Non currrent assets other | - | - | -0.00M | 0.01M | 0.01M |
| Non current assets total | 0.95M | 1.07M | 1.11M | 1.19M | 1.34M |
| Capital lease obligations | 0.16M | 0.19M | - | 0.36M | 0.56M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -0.22M | 3.89M | -2.69M | -0.21M |
| Change to liabilities | - | - | - | - | -0.21M |
| Total cashflows from investing activities | -0.10M | -0.22M | - | - | -0.21M |
| Total cash from financing activities | -0.02M | 12.95M | -0.01M | 6.54M | 5.69M |
| Change to operating activities | - | - | - | - | 0.17M |
| Net income | -5.50M | -5.30M | -5.19M | -5.76M | -7.89M |
| Change in cash | -4.86M | 8.35M | -0.77M | -1.16M | -1.22M |
| Begin period cash flow | 14.04M | 5.68M | 6.45M | 7.61M | 8.82M |
| End period cash flow | 9.18M | 14.04M | 5.68M | 6.45M | 7.61M |
| Total cash from operating activities | -4.74M | -4.37M | -3.23M | -4.99M | -6.71M |
| Issuance of capital stock | 0.00M | 12.97M | 0.00M | 6.54M | 5.31M |
| Depreciation | 0.28M | 0.27M | 0.42M | 0.29M | 0.26M |
| Other cashflows from investing activities | -0.10M | -0.18M | - | - | - |
| Change to inventory | - | - | - | - | 0.20M |
| Change to account receivables | -1.20M | 0.12M | -0.38M | -0.05M | -0.03M |
| Sale purchase of stock | - | -0.01M | -0.01M | -5.90M | - |
| Other cashflows from financing activities | -0.04M | -0.02M | -0.01M | 5.90M | 0.39M |
| Change to netincome | - | - | - | - | 0.94M |
| Capital expenditures | 0.10M | 0.22M | 0.20M | 0.16M | 0.21M |
| Change in working capital | -0.48M | 0.08M | 0.10M | 0.14M | -0.02M |
| Stock based compensation | 0.89M | 0.53M | 0.62M | 0.37M | 0.68M |
| Other non cash items | 0.07M | 0.05M | 0.81M | -0.04M | -0.22M |
| Free cash flow | -4.84M | -4.59M | -3.43M | -5.16M | -6.92M |
Sector: Industrials Industry: Pollution & Treatment Controls
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CLIR ClearSign Combustion Corporation |
0.05 2.16% |
2.36 | - | 72.99 | 5.58 | 3.04 | 3.82 | -3.71 |
| VLTO Veralto Corporation |
0.54 0.46% |
117.09 | 29.06 | 27.70 | 4.78 | 10.95 | 5.04 | 20.26 |
| FSS Federal Signal Corporation |
1.36 1.21% |
113.44 | 28.73 | 24.21 | 3.17 | 5.00 | 3.41 | 17.76 |
| ZWS Zurn Elkay Water Solutions Corporation |
-0.38 0.87% |
43.47 | 53.45 | 25.32 | 3.38 | 3.18 | 3.67 | 20.69 |
| KTWIY Kurita Water Industries Ltd |
-0.77 1.17% |
65.28 | 19.66 | - | 0.01 | 2.29 | 2.09 | 8.87 |
ClearSign Technologies Corporation designs and develops products and technologies for the purpose of decarbonization and improving key performance characteristics of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong. The company's technologies include ClearSign core burner technology consists of an industrial burner body and a downstream porous ceramic or metal flame stabilizing structure; ClearSign core process burner technology that provides a direct burner replacement for traditional refinery process heaters; ClearSign core boiler burner technology; ClearSign core flaring burners that can be used individually, or in combination, to provide a flare product with extremely low nitrogen oxide emissions; and ClearSign eye flame sensor, an electrical flame sensor for industrial applications. It serves energy, institutional, commercial and industrial boiler, chemical, and petrochemical industries. ClearSign Technologies Corporation was formerly known as ClearSign Combustion Corporation and changed its name to ClearSign Technologies Corporation in November 2019. The company was incorporated in 2008 and is headquartered in Tulsa, Oklahoma.
| Name | Title | Year Born |
|---|---|---|
| Dr. Colin James Deller Ph.D. | CEO, Pres, Corp. Sec. & Director | 1968 |
| Mr. Brent Hinds | VP of Fin., Controller, Treasurer and Principal Financial & Accounting Officer | 1979 |
| Louis Basenese | VP of Corp. Communications | NA |
| Mr. Stephen Michael Sock | Sr. VP of Bus. Devel. | NA |
| Mr. Manuel C. Menendez III | Pres of ClearSign Asia Limited | NA |
| Dr. Colin James Deller Ph.D. | CEO, President, Corporate Secretary & Director | 1968 |
| Mr. Brent Hinds | CFO & Treasurer | 1979 |
| Mr. Matthew Martin | Chief Technology Officer | NA |
| Louis Basenese | Vice President of Corporate Communications | NA |
| Mr. Stephen Michael Sock | Senior Vice President of Business Development | NA |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.