clearsign combustion corporation (nasdaq: clir) designs and develops technologies that aim to solve the greatest challenge facing the energy industry today: capital intensive emissions control requirements which reduce process throughput, consume energy, complicate design and destroy profits. our technologies offer simple retrofit strategies for superior emissions control and improved performance during combustion for a fraction of the cost of after-treatment methods which can only address part of the problem. our methods can be deployed anywhere there is an open flame, regardless of the fuel type. welcome to the future of fire. for more information about the company, please visit: www.clearsigncombustion.com.
Company profile
Ticker
CLIR
Exchange
Website
CEO
Colin Deller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Danaher • Roper • Fortive • Ametek • Sensata Technologies Holding • Keysight • MKS Instruments • Cognex • Hurco Companies • Sypris Solutions ...
Former names
CLEARSIGN COMBUSTION CORP
SEC CIK
CLIR stock data
Latest filings (excl ownership)
FWP
Free writing prospectus
19 Mar 24
424B5
Prospectus supplement for primary offering
18 Mar 24
424B5
Prospectus supplement for primary offering
18 Mar 24
8-K
ClearSign Technologies Corporation Provides Preliminary 2023 Financial Results
7 Feb 24
8-K
Entry into a Material Definitive Agreement
5 Jan 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
27 Nov 23
8-K
ClearSign Technologies Corporation Provides Third Quarter 2023 Update
15 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Receives Support and Collaboration from SoCalGas for its Flexible Hydrogen Fueled Ultra Low NOx Process Burner Project
22 Sep 23
8-K
ClearSign Technologies Corporation Provides Second Quarter 2023 Update
1 Sep 23
Transcripts
CLIR
Earnings call transcript
2023 Q3
14 Nov 23
CLIR
Earnings call transcript
2023 Q2
31 Aug 23
CLIR
Earnings call transcript
2023 Q1
18 May 23
CLIR
Earnings call transcript
2022 Q4
6 Apr 23
CLIR
Earnings call transcript
2022 Q3
2 Dec 22
CLIR
Earnings call transcript
2022 Q2
2 Sep 22
CLIR
Earnings call transcript
2022 Q1
3 Jun 22
CLIR
Earnings call transcript
2021 Q4
7 Apr 22
CLIR
Earnings call transcript
2021 Q3
24 Nov 21
CLIR
Earnings call transcript
2021 Q2
9 Sep 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.24 mm | 7.24 mm | 7.24 mm | 7.24 mm | 7.24 mm | 7.24 mm |
Cash burn (monthly) | 121.67 k | (no burn) | 499.00 k | 527.92 k | 425.00 k | 209.25 k |
Cash used (since last report) | 686.12 k | n/a | 2.81 mm | 2.98 mm | 2.40 mm | 1.18 mm |
Cash remaining | 6.55 mm | n/a | 4.42 mm | 4.26 mm | 4.84 mm | 6.05 mm |
Runway (months of cash) | 53.8 | n/a | 8.9 | 8.1 | 11.4 | 28.9 |
Institutional ownership, Q2 2023
26.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 29 |
Opened positions | 9 |
Closed positions | 5 |
Increased positions | 4 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 2.84 bn |
Total shares | 10.23 mm |
Total puts | 300.00 |
Total calls | 76.40 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
clirSPV | 7.58 mm | $8.95 mm |
Vanguard | 1.07 mm | $1.40 bn |
Cambridge Investment Research Advisors | 443.00 k | $580.00 k |
Geode Capital Management | 322.83 k | $422.91 mm |
BLK Blackrock | 281.85 k | $369.23 mm |
DDD Partners | 100.00 k | $131.00 mm |
STT State Street | 65.69 k | $86.05 mm |
NTRS Northern Trust | 62.12 k | $81.38 mm |
SF Stifel Financial | 57.04 k | $74.72 mm |
Highland Capital Management | 32.45 k | $42.52 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Feb 24 | Brent Hinds | Common Stock | Payment of exercise | Dispose F | No | No | 1.06 | 16,520 | 17.51 k | 72,431 |
22 Feb 24 | Brent Hinds | Common Stock | Grant | Acquire A | No | No | 0 | 45,075 | 0.00 | 88,951 |
22 Feb 24 | Brent Hinds | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,627 | 0.00 | 2,627 |
22 Feb 24 | Brent Hinds | RSU Common Stock | Grant | Acquire A | No | No | 0 | 7,547 | 0.00 | 7,547 |
22 Feb 24 | Colin James Deller | Common Stock | Payment of exercise | Dispose F | No | No | 1.06 | 65,102 | 69.01 k | 121,306 |
22 Feb 24 | Colin James Deller | Common Stock | Grant | Acquire A | No | No | 0 | 131,121 | 0.00 | 186,408 |
2 Feb 24 | Brent Hinds | Common Stock | Payment of exercise | Dispose F | No | No | 1.01 | 3,712 | 3.75 k | 65,549 |
2 Feb 24 | Brent Hinds | Common Stock | Option exercise | Acquire M | No | No | 0 | 10,126 | 0.00 | 69,261 |
2 Feb 24 | Brent Hinds | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 10,126 | 0.00 | 20,254 |
1 Feb 24 | HOFFMAN Robert Thurston Sr | Common Stock (CLIR) | Other | Dispose J | Yes | No | 0 | 1,269,705 | 0.00 | 6,189,857 |
Press releases
ClearSign Technologies Corporation Receives First in Series of Four Boiler Burner Purchase Orders
21 Feb 24
ClearSign Technologies Corporation Burner Performance Receives Best Available Control Technology (BACT) Determinations for Single and Multi Process-Burner Heaters
13 Feb 24
ClearSign Technologies Corporation Provides Preliminary 2023 Financial Results
7 Feb 24
ClearSign Technologies Corporation to Present at Integrous Big Hearts, Big Ideas Virtual Investor Conference on February 14th-15th
1 Feb 24
ClearSign Technologies Corporation Announces Successful Start Up of Multi-Burner Heater in California Project
17 Jan 24