Filing Flows › ClearSign Technologies (CLIR) › Q4 2024
ClearSign Technologies (CLIR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
ClearSign Technologies (CLIR) reported revenue of $590K for the fourth quarter 2024 (Q4 2024), -54% from a year earlier and -68% from the quarter before. Operating margin was -282.4%, net loss $1.2M (197.3% of revenue).
ClearSign Technologies, Q4 2024: revenue $590K (-54% year over year), operating margin -282.4%, net loss $1.2M, operating cash flow −$415K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $590K | -68% | -54% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$415K | — | — |
What changed
Revenue was $590K in Q4 2024, down 54% year over year and down 68% from the previous quarter.
Gross margin was 14.9%, down 28.9 points from a year earlier. Operating costs exceeded revenue by $1.7M, an operating margin of -282.4%. Operating expenses grew 3% against a revenue fall of 54%. The fastest-growing cost line was Research & development (+54%). The quarter ended with a net loss of $1.2M, wider than the previous quarter's $1.2M loss. Non-operating items added $502K, -43% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$415K. Non-cash charges added back $48K of depreciation and amortization and $44K of share-based compensation. Working capital and other items added $657K. Capital expenditures of $21K exceeded it, leaving free cash flow of −$436K.
Questions
What was ClearSign Technologies' revenue in the fourth quarter 2024?
ClearSign Technologies (CLIR) reported revenue of $590K for the fourth quarter 2024 (Q4 2024), -54% from a year earlier and -68% from the quarter before.
Was ClearSign Technologies profitable in the fourth quarter 2024?
Operating loss was $1.7M (-282.4% of revenue) and net loss $1.2M.