CLEARONE INC
Business
ClearOne Inc designs, develops, and sells conferencing, collaboration and network streaming solutions for voice and visual communications. Its main products include professional installed DSP-based audio-conferencing systems, USB speakerphones, patented beamforming microphone arrays and ceiling microphones, video collaboration cameras and BYOD/AV switchers, AV networking devices, and cloud-based AV management and software platforms. The company operates through three primary product segments: audio conferencing, professional microphones, and video/AV networking. It serves a global market via independent distributors, systems integrators, dealers, value-added resellers, and direct sales.
Summary from filing dated 2025-03-28
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 19 | 25 | 29 | |
| Cost of goods sold | 328,000 | 194,000 | 12 | 16 | 17 | |
| Gross profit | −328,000 | −194,000 | 6 | 9 | 12 | |
| General and administrative | 2 | 1 | 5 | 7 | 7 | |
| Legal expense | 247,000 | 247,000 | — | — | — | |
| Professional fees | 1 | 519,000 | — | — | — | |
| Total operating expenses | 4 | 2 | 13 | 17 | 19 | |
| Operating loss | −4 | −2 | −7 | −7 | −7 | |
| Interest income (expense), net | −28,000 | 228,000 | −537,000 | — | — | |
| Other income, net | −117,000 | 155,000 | 7 | 35 | 32,000 | |
| Loss from continuing operations before income taxes | −5 | −2 | −126,000 | 27 | −8 | |
| Provision for income taxes | 83,000 | 98,000 | 434,000 | 7 | −283,000 | |
| Loss from continuing operations | −5 | −2 | — | — | — | |
| Loss from discontinued operations, net of tax | −21 | −7 | — | — | — | |
| Net loss | −26 | −9 | −560,000 | 21 | −8 | |
| From continuing operations (in dollars per share) | −2.62 | −1.19 | — | — | — | |
| From discontinued operations (in dollars per share) | −12.15 | −4.42 | — | — | — | |
| Total (in dollars per share) | −14.77 | −5.61 | −0.02 | 0.86 | −0.39 | |
| From continuing operations (in dollars per share) | −2.62 | −1.19 | — | — | — | |
| From discontinued operations (in dollars per share) | −12.15 | −4.42 | — | — | — | |
| Total (in dollars per share) | −14.77 | −5.61 | −0.02 | 0.83 | −0.39 | |
| Basic weighted average shares outstanding (in shares) | 2 | 2 | 24 | 24 | 20 | |
| Diluted weighted average shares outstanding (in shares) | 2 | 2 | 24 | 25 | 20 | |
| Unrealized gain (loss) on available-for-sale securities, net of tax | 0 | 17,000 | −15,000 | — | — | |
| Change in foreign currency translation adjustment | −34,000 | −13,000 | −7,000 | −45,000 | −27,000 | |
| Comprehensive loss | −26 | −9 | −582,000 | 21 | −8 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 220,000 | 1 | 18 | 984,000 | 1 | |
| Restricted cash | 519,000 | 0 | — | — | — | |
| Inventories, net | 353,000 | 392,000 | 11 | 9 | 10 | |
| Assets held for sale | 0 | 3 | — | — | — | |
| Current assets related to discontinued operations | 604,000 | 14 | — | — | — | |
| Total current assets | 2 | 19 | 43 | 77 | 29 | |
| Operating lease right of use assets, net | 494,000 | 750,000 | 990,000 | 1 | 2 | |
| Long term assets related to discontinued operations | 109,000 | 7 | — | — | — | |
| Total assets | 2 | 27 | 51 | 84 | 66 | |
| Accounts payable | 30,000 | 76,000 | 2 | 1 | 5 | |
| Accrued liabilities | 649,000 | 360,000 | 2 | 3 | 3 | |
| Current operating lease liability | 223,000 | 257,000 | — | — | — | |
| Current liabilities related to discontinued operations | 585,000 | 3 | — | — | — | |
| Total current liabilities | 1 | 4 | 4 | 8 | 11 | |
| Operating lease liability, net of current | 290,000 | 514,000 | 665,000 | 492,000 | 1 | |
| Long-term liabilities related to discontinued operations | 1 | 1 | — | — | — | |
| Total liabilities | 3 | 5 | 6 | 10 | 15 | |
| Class B convertible preferred stock, par value $0.001, 5,100 shares authorized, and shares issued and outstanding, respectively | 0 | 0 | — | — | — | |
| Common stock, par value $0.001, 150,000,000 shares authorized, 2,237,912 and 1,599,534 shares issued and outstanding, respectively | 2,000 | 2,000 | 24,000 | 24,000 | 22,000 | |
| Additional paid-in capital | 36 | 32 | 46 | 75 | 73 | |
| Accumulated other comprehensive loss | −340,000 | −306,000 | −310,000 | −288,000 | −241,000 | |
| Accumulated deficit | −36 | −10 | −1 | −516,000 | −21 | |
| Total shareholders equity | −714,000 | 21 | 45 | 74 | 52 | |
| Total liabilities and shareholders equity | 2 | 27 | 51 | 84 | 66 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization of right of use of assets | 256,000 | 240,000 | 397,000 | 597,000 | 611,000 | |
| Share-based compensation expense | 79,000 | 98,000 | 109,000 | 113,000 | 136,000 | |
| Non-cash interest expense | 28,000 | — | — | — | — | |
| Loss on disposal of assets | 11 | −82,000 | −47,000 | 146,000 | 0 | |
| Inventories | 39,000 | 0 | −2 | 2 | 603,000 | |
| Accounts payable | −46,000 | 44,000 | 661,000 | −4 | 1 | |
| Accrued liabilities | 289,000 | −41,000 | −497,000 | 485,000 | 166,000 | |
| Operating lease liabilities | −258,000 | −277,000 | −425,000 | — | — | |
| Net cash used in operating activities | −15 | −9 | — | — | — | |
| Proceeds from maturities and sales of marketable securities | 0 | 10 | 6 | 3 | 4 | |
| Purchases of marketable securities | 0 | −5 | −10 | 0 | −4 | |
| Net cash provided by investing activities | 0 | 4 | — | — | — | |
| Dividend payment | 0 | −14 | −29 | 0 | — | |
| Proceeds from sale of stock | 1 | 0 | — | — | — | |
| Proceeds from issuance of convertible note | 3 | — | — | — | — | |
| Purchases of outstanding warrants | −33,000 | — | — | — | — | |
| Proceeds from equity-based compensation programs | −1,000 | 23,000 | — | — | — | |
| Net cash provided by (used) in financing activities | 4 | −14 | — | — | — | |
| Net cash provided by operating activities | 7 | 2 | — | — | — | |
| Net cash provided by investing activities | 3 | 0 | — | — | — | |
| Net cash provided by financing activities | 0 | 0 | — | — | — | |
| Net cash provided by discontinued operations | 10 | 2 | — | — | — | |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | −34,000 | −18,000 | — | — | — | |
| Net decrease in cash and cash equivalents and restricted cash | −678,000 | −16 | — | — | — | |
| Cash paid for income taxes | 103,000 | 98,000 | 7 | 88,000 | 107,000 | |
| Interest paid as non-cash dividend | 28,000 | — | — | — | — | |
| Conversion of debt to Series B Preferred stock | 3 | — | 0 | 2 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is CLEARONE INC's CIK number?
CLEARONE INC's SEC CIK number is 0000840715 (840715). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CLEARONE INC's SEC filings?
All of CLEARONE INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did CLEARONE INC last report earnings?
CLEARONE INC (CLRO) most recently filed an earnings 8-K with the SEC on May 19, 2025, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001753926-25-000867). This is CLEARONE INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is CLEARONE INC's most recent earnings 8-K?
CLEARONE INC's latest earnings 8-K (Item 2.02) was filed May 19, 2025 under accession 0001753926-25-000867. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View CLEARONE INC's latest earnings 8-K →
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