ClearSign reports Q3 2025 update: cash $10.5M, multiple new burner orders

ClearSign Technologies Corp

Cash and equivalents of $10.5M as of Sep 30, 2025; 52.5M shares outstanding.
Received two M25 burner orders from Devco for gas processing facilities in NM and TX.
Fourth low-emission flare burner order from a major California energy producer for Q2 2026 installation.
32-burner CFD engineering order from a global supermajor for California refinery retrofit.
36-process-burner engineering order from an integrated producer for Texas Gulf Coast refinery.

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