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Clearsign Technologies Corp
F:4CC

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Clearsign Technologies Corp
F:4CC
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Price: 3.8 EUR
Market Cap: €189.1m

Clearsign Technologies Corp
Investor Relations

Clearsign Technologies makes combustion and emission-control technology for industrial equipment. Its main products are burner and boiler systems that help factories, power-related facilities, and other heavy industrial users burn fuel more cleanly and with fewer harmful emissions. The company sells this technology to equipment makers, engineering firms, and end users that need to meet air-quality rules without redesigning an entire plant. The company makes money by licensing its technology, selling hardware and related systems, and providing engineering support for integrating its designs into customer equipment. In practice, Clearsign sits between traditional industrial burner makers and environmental performance requirements: it adds low-emission features to equipment that still needs to produce heat efficiently and reliably. That makes its business more specialized than a standard industrial parts supplier. Its role is tied to the parts of industry where heat is essential but pollution limits are strict, such as industrial process heating, boilers, and other combustion-heavy applications. Customers buy Clearsign’s technology to lower emissions while keeping existing operations usable and compliant. The company’s value comes from making combustion cleaner rather than replacing the industrial processes that depend on it.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 20, 2026
AI Summary
Q1 2026

Revenue: ClearSign reported about $200,000 of revenue in Q1 2026, down from about $400,000 a year ago, mainly because of fewer spare part deliveries.

Project momentum: Management said the company is seeing more activity on larger process burner projects, including a 32-burner California refinery order and a 36-burner Texas refinery order.

Demonstration: The Gen 2 process burner demonstration at Zeeco was described as a success, with 23 attendees and smooth switching from 100% natural gas to 100% hydrogen and back.

Pipeline: Management said customer interest remains strong even though order timing has been lumpy, and they expect more orders after upcoming start-ups and source testing milestones.

Cash: The company ended the quarter with about $7.7 million in cash and cash equivalents and said project cash flows are generally self-funding because customers pay ahead of ClearSign’s spending.

Key Financials
Revenue
$200,000
Warranty accrual
$40,000
Net cash used in operations
$1.3 million
Cash and cash equivalents
$7.7 million
Shares outstanding
5.4 million
California order engineering and testing
just shy of $0.5 million
Average process burner price
$100,000
Typical 30-burner order equipment value
$3 million
Typical initial engineering and modeling phase
$300,000
Typical initial engineering phase example
$150,000
Typical first-production-article testing phase
$250,000
M1 burner price range
$80,000 to north of $200,000
M25 burner price range
$50,000 to $150,000 to $200,000
Earnings Call Recording
Other Earnings Calls

Management

Dr. Colin James Deller Ph.D.
CEO, Corporate Secretary & Director
No Bio Available
Mr. Brent Hinds C.P.A.
CFO & Treasurer
No Bio Available
Mr. Matthew Martin
Chief Technology Officer
No Bio Available
Louis Basenese
Vice President of Corporate Communications
No Bio Available
Mr. Stephen Michael Sock
Senior Vice President of Business Development
No Bio Available

Contacts

Address
OKLAHOMA
Tulsa
8023 E. 63Rd Place, Suite 101
Contacts
+19182367770.0
www.clearsign.com
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