Clearsign Technologies Corp (OQ:CLIR)
Business Focus: Industrial Machinery & Equipment
| Sector: Industrials | Industry: Industrial Machinery & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 8023 E. 63Rd Place, Suite 101 TULSA OK 74133 |
| Tel: | N/A |
| Website: | https://clearsign.com |
| IR: | See website |
| Key People | ||
| Robert Thurston Hoffman Chairman of the Board | Colin James Deller Chief Executive Officer, Secretary, Director | Matthew Martin Chief Technology Officer |
| Brent Hinds Vice President - Finance, Controller, Treasurer, Principal Accounting Officer | Tina Oby Unachukwu Director of Customer Relationships and Business Development | |
| Business Overview |
| ClearSign Technologies Corporation designs and develops products and technologies for the purpose of improving key performance characteristics of industrial and commercial systems, including operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness. The Company's patented technologies, embedded in original equipment manufacturer (OEM) products as ClearSign Core, and ClearSign Eye and other sensing configurations, enhance the performance of combustion systems and fuel safety systems in a range of markets, including the energy, including upstream oil production and down-stream refining, commercial/industrial boiler, chemical, petrochemical, transport, and power industries. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Clearsign Technologies Corp revenues increased from $374K to $2.4M. Net loss decreased 10% to $5.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Interest increase from $83K to $324K (income), Other income increase from $6K to $203K (income), Government assistance increase of 10% to $255K (income). |
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