ClearSign Q2 revenue $150k vs $0 YoY; awarded $1.65M DOE hydrogen burner grant

ClearSign Technologies Corp

Q2 2023 revenue ~$150k, up from zero in Q2 2022; cash and short-term investments ~$8.5M.
Awarded $1.65M Phase 2 SBIR grant with DOE to commercialize 100% hydrogen ultra-low NOx burner.
Engineering order for 13 burners across two heaters from California refinery to meet emission limits.
First boiler burner sale into Texas Gulf Coast market; installation scheduled Q3 2023.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ClearSign Technologies Corp reported the second quarter ended June 30, 2023 results: revenue approximately $150 thousand.

Period: the second quarter ended June 30, 2023
Revenue: approximately $150 thousand
Result: reported results

Exact text from the filing

The Company recognized approximately $150 thousand in revenue during the three months ended June 30, 2023, as compared to zero revenue for the same period of 2022.

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42 earnings releases filed in the last 30 days. Browse all earnings releases →

ClearSign Technologies Corp filing history →

Source: SEC EDGAR

accession 0001104659-23-097793

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