ClearSign reports Q4 revenue ~$1.2M, up from $50K YoY; FY revenue $2.3M, loss narrows

ClearSign Technologies Corp

2023-FY EPS reported -$0.13 revenue$2,403,000

Q4 2023 revenue approximately $1.2 million, compared to $50 thousand in Q4 2022.
Full year 2023 revenue approximately $2.3 million, compared to $374 thousand in 2022.
Preliminary net loss for 2023 estimated between $5.1M and $5.4M, narrowing from $5.8M loss in 2022.
Completed largest refinery heater installation in California; achieved third-party emissions guarantee validation.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ClearSign Technologies Corp reported fiscal year ended December 31, 2023 results: revenue approximately $2.3 million, net income between $5.4 to $5.1 million.

Period: fiscal year ended December 31, 2023
Revenue: approximately $2.3 million
Net income: between $5.4 to $5.1 million
Result: preliminary results

Exact text from the filing

The Company's estimated preliminary revenues for the year ended December 31, 2023 was $2.3 million, compared to $374 thousand for the year ended December 31, 2022. Additionally, the Company reported a net loss of approximately $5.8 million for the year ended December 31, 2022, and estimates that the preliminary net loss for the year ended December 31, 2023 will range between $5.4 to $5.1 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ClearSign Technologies Corp reported fourth quarter ended December 31, 2023 results: revenue approximately $1.2 million.

Period: fourth quarter ended December 31, 2023
Revenue: approximately $1.2 million
Result: preliminary results

Exact text from the filing

Preliminary revenues for the three months ended December 31, 2023 was approximately $1.2 million, compared to $50 thousand for the comparable period in 2022.

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Source: SEC EDGAR

accession 0001104659-24-011404

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