$CLIR
ClearSign Technologies Corp

2017 Q2 Form 10-Q Financial Statement

#000114420417043193 Filed on August 14, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $0.00 $0.00
YoY Change
Gross Profit $0.00 $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin $1.110M $1.230M
YoY Change -9.76% 11.82%
% of Gross Profit
Research & Development $1.141M $1.216M
YoY Change -6.17% 71.27%
% of Gross Profit
Depreciation & Amortization $100.0K $50.00K
YoY Change 100.0% 0.0%
% of Gross Profit
Operating Expenses $2.251M $2.442M
YoY Change -7.82% 34.92%
Operating Profit -$2.251M -$2.442M
YoY Change -7.82% 34.92%
Interest Expense $20.00K $10.00K
YoY Change 100.0% 0.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.240M -$2.430M
YoY Change -7.82% 35.0%
Income Tax
% Of Pretax Income
Net Earnings -$2.236M -$2.431M
YoY Change -8.02% 35.36%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$143.6K -$188.1K
COMMON SHARES
Basic Shares Outstanding 15.60M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.460M $5.370M
YoY Change 1.68% -63.24%
Cash & Equivalents $5.460M $5.373M
Short-Term Investments
Other Short-Term Assets $640.0K $540.0K
YoY Change 18.52% 116.0%
Inventory
Prepaid Expenses
Receivables $103.0K
Other Receivables $0.00
Total Short-Term Assets $6.210M $5.910M
YoY Change 5.08% -60.23%
LONG-TERM ASSETS
Property, Plant & Equipment $580.0K $120.0K
YoY Change 383.33% -36.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.00K $10.00K
YoY Change 0.0% 0.0%
Total Long-Term Assets $2.410M $3.400M
YoY Change -29.12% 7.26%
TOTAL ASSETS
Total Short-Term Assets $6.210M $5.910M
Total Long-Term Assets $2.410M $3.400M
Total Assets $8.620M $9.310M
YoY Change -7.41% -48.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $640.0K $600.0K
YoY Change 6.67% 39.53%
Accrued Expenses $510.0K $720.0K
YoY Change -29.17% -13.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.170M $1.330M
YoY Change -12.03% 5.56%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $280.0K
YoY Change
Total Long-Term Liabilities $280.0K $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.170M $1.330M
Total Long-Term Liabilities $280.0K $0.00
Total Liabilities $1.440M $1.330M
YoY Change 8.27% -9.52%
SHAREHOLDERS EQUITY
Retained Earnings -$44.95M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.179M $7.980M
YoY Change
Total Liabilities & Shareholders Equity $8.621M $9.310M
YoY Change -7.4% -48.36%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$2.236M -$2.431M
YoY Change -8.02% 35.36%
Depreciation, Depletion And Amortization $100.0K $50.00K
YoY Change 100.0% 0.0%
Cash From Operating Activities -$1.960M -$2.180M
YoY Change -10.09% 53.52%
INVESTING ACTIVITIES
Capital Expenditures -$110.0K -$330.0K
YoY Change -66.67% 13.79%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$110.0K -$330.0K
YoY Change -66.67% 13.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -1.960M -2.180M
Cash From Investing Activities -110.0K -330.0K
Cash From Financing Activities 0.000 0.000
Net Change In Cash -2.070M -2.510M
YoY Change -17.53% 57.86%
FREE CASH FLOW
Cash From Operating Activities -$1.960M -$2.180M
Capital Expenditures -$110.0K -$330.0K
Free Cash Flow -$1.850M -$1.850M
YoY Change 0.0% 63.72%

Facts In Submission

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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Use of Estimates</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of sales and expenses during the reporting period.&#160;Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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Files In Submission

Name View Source Status
0001144204-17-043193-index-headers.html Edgar Link pending
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0001144204-17-043193.txt Edgar Link pending
0001144204-17-043193-xbrl.zip Edgar Link pending
clir-20170630.xml Edgar Link completed
clir-20170630.xsd Edgar Link pending
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clir-20170630_lab.xml Edgar Link unprocessable
clir-20170630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image_001.jpg Edgar Link pending
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R1.htm Edgar Link pending
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