Clearone Inc
NASDAQ:CLRO
Income Statement
Earnings Waterfall
Clearone Inc
Revenue
|
18.7m
USD
|
Cost of Revenue
|
-12.3m
USD
|
Gross Profit
|
6.4m
USD
|
Operating Expenses
|
-13.1m
USD
|
Operating Income
|
-6.8m
USD
|
Other Expenses
|
6.2m
USD
|
Net Income
|
-560k
USD
|
Income Statement
Clearone Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
50
N/A
|
51
+3%
|
53
+5%
|
57
+6%
|
58
+2%
|
59
+2%
|
59
0%
|
59
+0%
|
58
-2%
|
57
-1%
|
55
-4%
|
52
-5%
|
49
-7%
|
47
-3%
|
46
-4%
|
43
-5%
|
42
-3%
|
37
-10%
|
34
-9%
|
30
-11%
|
28
-7%
|
27
-4%
|
27
-2%
|
26
-3%
|
25
-3%
|
24
-2%
|
24
0%
|
27
+10%
|
29
+8%
|
30
+5%
|
32
+5%
|
30
-4%
|
29
-5%
|
29
+2%
|
29
-1%
|
28
-3%
|
25
-11%
|
22
-13%
|
20
-9%
|
19
-7%
|
19
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(20)
|
(20)
|
(22)
|
(23)
|
(23)
|
(23)
|
(22)
|
(21)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(20)
|
(20)
|
(18)
|
(18)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(13)
|
(13)
|
(15)
|
(17)
|
(18)
|
(18)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(16)
|
(14)
|
(13)
|
(13)
|
(12)
|
|
Gross Profit |
30
N/A
|
31
+2%
|
32
+4%
|
34
+7%
|
35
+4%
|
36
+2%
|
37
+3%
|
38
+1%
|
37
-2%
|
37
+0%
|
35
-4%
|
33
-7%
|
29
-10%
|
28
-6%
|
26
-6%
|
25
-4%
|
24
-4%
|
21
-11%
|
19
-13%
|
15
-19%
|
13
-11%
|
12
-10%
|
12
-3%
|
11
-4%
|
11
0%
|
11
+1%
|
11
-3%
|
12
+9%
|
13
+5%
|
13
+1%
|
14
+6%
|
13
-5%
|
12
-7%
|
12
-2%
|
11
-5%
|
11
-3%
|
9
-13%
|
8
-16%
|
7
-12%
|
6
-14%
|
6
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(23)
|
(23)
|
(25)
|
(27)
|
(27)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(27)
|
(27)
|
(28)
|
(28)
|
(40)
|
(39)
|
(25)
|
(24)
|
(22)
|
(21)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(20)
|
(19)
|
(18)
|
(17)
|
(16)
|
(14)
|
(14)
|
(13)
|
|
Selling, General & Administrative |
(15)
|
(16)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(17)
|
(17)
|
(18)
|
(19)
|
(19)
|
(18)
|
(18)
|
(17)
|
(16)
|
(16)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(13)
|
(12)
|
(11)
|
(10)
|
(10)
|
(9)
|
|
Research & Development |
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
7
N/A
|
7
+5%
|
7
-6%
|
7
+5%
|
9
+20%
|
9
+7%
|
10
+14%
|
11
+7%
|
10
-8%
|
10
+1%
|
9
-9%
|
7
-22%
|
4
-51%
|
1
-70%
|
(1)
N/A
|
(3)
-107%
|
(3)
-23%
|
(18)
-419%
|
(20)
-10%
|
(10)
+52%
|
(10)
-8%
|
(10)
+1%
|
(9)
+8%
|
(9)
+2%
|
(9)
+7%
|
(8)
+7%
|
(8)
+3%
|
(7)
+12%
|
(6)
+17%
|
(5)
+4%
|
(5)
+7%
|
(6)
-17%
|
(8)
-28%
|
(8)
-4%
|
(8)
-2%
|
(7)
+11%
|
(7)
-2%
|
(8)
-5%
|
(7)
+4%
|
(8)
-5%
|
(7)
+11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
|
Non-Reccuring Items |
1
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(13)
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
35
|
3
|
1
|
2
|
5
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
34
|
34
|
34
|
(0)
|
|
Pre-Tax Income |
8
N/A
|
8
-3%
|
7
-6%
|
8
+9%
|
8
+6%
|
9
+12%
|
10
+14%
|
11
+5%
|
11
-4%
|
11
0%
|
10
-9%
|
8
-21%
|
4
-48%
|
1
-62%
|
(1)
N/A
|
(16)
-1 557%
|
(16)
+0%
|
(18)
-13%
|
(20)
-11%
|
(9)
+56%
|
(10)
-18%
|
(10)
+1%
|
(9)
+9%
|
(9)
+4%
|
(8)
+7%
|
(8)
+6%
|
(8)
+2%
|
(7)
+9%
|
(6)
+15%
|
(6)
+3%
|
(5)
+6%
|
(6)
-17%
|
(8)
-27%
|
(8)
-4%
|
(7)
+16%
|
(6)
+13%
|
27
N/A
|
29
+4%
|
28
-3%
|
28
0%
|
(0)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
4
|
5
|
6
|
6
|
(6)
|
(6)
|
(7)
|
(8)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
4
|
4
|
4
|
4
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
(7)
|
(7)
|
(0)
|
|
Income from Continuing Operations |
5
|
5
|
5
|
5
|
6
|
6
|
7
|
8
|
7
|
7
|
6
|
5
|
2
|
1
|
(1)
|
(12)
|
(11)
|
(12)
|
(14)
|
(15)
|
(17)
|
(17)
|
(17)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(2)
|
(2)
|
(2)
|
(3)
|
(8)
|
(8)
|
(7)
|
(6)
|
21
|
22
|
21
|
21
|
(1)
|
|
Net Income (Common) |
5
N/A
|
5
-5%
|
5
-3%
|
5
-1%
|
6
+19%
|
6
+12%
|
7
+10%
|
8
+12%
|
7
-12%
|
7
+1%
|
6
-8%
|
5
-19%
|
2
-52%
|
1
-75%
|
(1)
N/A
|
(12)
-897%
|
(14)
-22%
|
(16)
-10%
|
(17)
-9%
|
(18)
-5%
|
(17)
+6%
|
(17)
-3%
|
(17)
+0%
|
(9)
+48%
|
(8)
+6%
|
(8)
+6%
|
(8)
+2%
|
(7)
+9%
|
1
N/A
|
1
+35%
|
1
+51%
|
0
-88%
|
(8)
N/A
|
(8)
-4%
|
(7)
+17%
|
(6)
+14%
|
21
N/A
|
22
+5%
|
21
-4%
|
21
0%
|
(1)
N/A
|
|
EPS (Diluted) |
0.56
N/A
|
0.53
-5%
|
0.51
-4%
|
0.5
-2%
|
0.58
+16%
|
0.66
+14%
|
0.73
+11%
|
0.81
+11%
|
0.71
-12%
|
0.71
N/A
|
0.67
-6%
|
0.55
-18%
|
0.26
-53%
|
0.06
-77%
|
-0.13
N/A
|
-1.35
-938%
|
-1.65
-22%
|
-1.87
-13%
|
-2.03
-9%
|
-2.13
-5%
|
-1.87
+12%
|
-1.03
+45%
|
-1.03
N/A
|
-0.53
+49%
|
-0.5
+6%
|
-0.48
+4%
|
-0.47
+2%
|
-0.42
+11%
|
0.02
N/A
|
0.03
+50%
|
0.05
+67%
|
0
N/A
|
-0.39
N/A
|
-0.33
+15%
|
-0.27
+18%
|
-0.24
+11%
|
0.82
N/A
|
0.9
+10%
|
0.87
-3%
|
0.86
-1%
|
-0.02
N/A
|