CLRO · Clearone Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | $328.0K | $8.76M | $12.35M | $15.75M | $17.05M | $16.51M |
| Gross Profit | ($328.0K) | $2.63M | $6.36M | $9.46M | $11.92M | $12.56M |
| R&D | - | $3.30M | $3.67M | $4.39M | $5.79M | $5.51M |
| SG&A | $2.45M | $3.98M | $4.56M | $6.77M | $6.88M | $5.89M |
| Total Operating Expenses | $4.07M | $11.84M | $13.13M | $16.68M | $19.41M | $18.13M |
| D&A | $0 | $485.0K | $941.0K | $2.97M | $2.87M | $2.31M |
| Operating Income | ($4.40M) | ($9.21M) | ($6.77M) | ($7.22M) | ($7.50M) | ($5.57M) |
| Interest Expense | - | - | $537.0K | $420.0K | $514.0K | $436.0K |
| Income Tax | $83.0K | $155.0K | $434.0K | $6.90M | ($283.0K) | ($6.43M) |
| Net Income | ($26.08M) | ($8.98M) | ($560.0K) | $20.56M | ($7.69M) | $505.0K |
| EPS - Basic | ($14.77) | ($5.55) | ($0.30) | $12.90 | ($5.85) | $0.45 |
| EPS - Diluted | ($14.77) | ($5.55) | ($0.30) | $12.45 | ($5.85) | $0.45 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $220.0K | $1.42M | $17.84M | $984.0K | $1.07M | $3.80M |
| Accounts Receivable | - | $2.21M | $3.28M | $3.60M | $4.99M | $5.19M |
| Inventory | $353.0K | $11.22M | $10.63M | $8.96M | $10.03M | $10.46M |
| Accounts Payable | $30.0K | $1.80M | $1.95M | $1.28M | $5.39M | $3.95M |
| Current Assets | $1.70M | $18.75M | $43.32M | $77.43M | $29.44M | $29.28M |
| Total Assets | $2.30M | $26.54M | $50.69M | $83.75M | $66.19M | $62.32M |
| Current Liabilities | $1.49M | $3.54M | $4.26M | $8.12M | $11.47M | $7.10M |
| Long-term Debt | - | - | $0 | $0 | $1.53M | $3.25M |
| Total Liabilities | $3.01M | $5.21M | $6.01M | $9.62M | $14.69M | $12.51M |
| Stockholders' Equity | ($714.0K) | $21.33M | $44.69M | $74.13M | $51.50M | $49.81M |
| Retained Earnings | ($36.14M) | ($10.06M) | ($1.08M) | ($516.0K) | ($21.07M) | ($13.38M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($8.92M) | ($6.12M) | $54.63M | ($4.18M) | ($4.39M) | ($982.0K) |
| Investing Cash Flow | $4.50M | $4.19M | ($4.88M) | $2.08M | ($8.51M) | ($5.54M) |
| Financing Cash Flow | ($14.47M) | ($14.47M) | ($32.89M) | $2.05M | $10.21M | $6.28M |
| CapEx | - | $196.0K | $375.0K | $51.0K | $221.0K | $284.0K |
| Free Cash Flow | - | ($6.31M) | $54.25M | ($4.23M) | ($4.62M) | ($1.27M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | 0.70 | -96.88 | -0.21 | 0.60 | -2.51 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | - | - | 25.1% | - | - |
| Return on assets | -1134.6% | -33.8% | -1.1% | 24.5% | -11.6% | 0.8% |
| Return on equity | 3653.2% | -42.1% | -1.3% | 27.7% | -14.9% | 1.0% |
| Return on invested capital | - | - | -12.0% | -7.3% | -11.2% | -8.3% |
| Liquidity | ||||||
| Current ratio | 1.14 | 5.29 | 10.16 | 9.54 | 2.57 | 4.13 |
| Quick ratio | 0.90 | 2.12 | 7.67 | 8.43 | 1.69 | 2.65 |
| Cash ratio | 0.15 | 0.40 | 4.18 | 0.12 | 0.09 | 0.54 |
| Leverage | ||||||
| Debt / Equity | - | - | 0.00 | 0.00 | 0.03 | 0.07 |
| Debt / Assets | - | - | 0.00 | 0.00 | 0.02 | 0.05 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | -12.6x | -17.2x | -14.6x | -12.8x |
| Equity multiplier | -3.22 | 1.24 | 1.13 | 1.13 | 1.29 | 1.25 |
| Liabilities / Assets | 1.31 | 0.20 | 0.12 | 0.11 | 0.22 | 0.20 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | 0.93 | 0.78 | 1.16 | 1.76 | 1.70 | 1.58 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 393d | 468d | 314d | 208d | 215d | 231d |
| Days payable outstanding | 33d | 75d | 57d | 30d | 115d | 87d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | 1.8x | - | 75.7x |
| P / B | - | 13.2x | 8.7x | 7.7x | 7.5x | 11.8x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | -58.6% | -32.8% | -20.6% | -5.1% | 12.2% |
| Operating income growth (YoY) | 52.3% | -36.0% | 6.2% | 3.6% | -34.6% | 35.0% |
| Net income growth (YoY) | -190.4% | -1504.1% | - | - | - | - |
| EPS growth (YoY) | -166.1% | -1750.0% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | -8.7% |
| FCF growth (YoY) | - | - | - | 8.3% | -264.5% | 74.0% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | - | -52.3% | -39.7% | 43.9% | 3.4% | 12.0% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Telephone & Telegraph Apparatus
Comparing CLEARONE INC against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Apr 11, 2024 | $7.5000 |
| Jun 1, 2023 | $15.0000 |
| Mar 6, 2018 | $1.0500 |
| Nov 21, 2017 | $1.0500 |
| Aug 18, 2017 | $1.0500 |
| May 15, 2017 | $1.0500 |
| Feb 13, 2017 | $0.7500 |
| Nov 14, 2016 | $0.7500 |
| Aug 15, 2016 | $0.7500 |
| May 27, 2016 | $0.7500 |
| Mar 3, 2016 | $0.7500 |
| Dec 2, 2015 | $0.7500 |
| Nov 2, 2015 | $0.5250 |
| Jul 23, 2015 | $0.5250 |
| Apr 30, 2015 | $0.5250 |
| Dec 10, 2014 | $1.5000 |