$CLRO
CLEARONE INC Stock $clro

$clro Overview Financials Valuation SEC Filings Company Website

2020 Q1 Form 10-Q Financial Statement

#000175392620000139 Filed on May 20, 2020

Income Statement

Concept	2020 Q1	2019 Q1
Revenue	$5.734M	$6.305M
YoY Change	-9.06%	-13.5%
Cost Of Revenue	$2.896M	$3.601M
YoY Change	-19.58%	12.88%
Gross Profit	$2.838M	$2.704M
YoY Change	4.96%	-34.03%
Gross Profit Margin	49.49%	42.89%
Selling, General & Admin	$3.245M	$3.508M
YoY Change	-7.5%	-21.78%
% of Gross Profit	114.34%	129.73%
Research & Development	$1.344M	$1.587M
YoY Change	-15.31%	-22.81%
% of Gross Profit	47.36%	58.69%
Depreciation & Amortization	$520.0K	$509.0K
YoY Change	2.16%	33.95%
% of Gross Profit	18.32%	18.82%
Operating Expenses	$4.589M	$5.095M
YoY Change	-9.93%	-22.11%
Operating Profit	-$1.751M	-$2.391M
YoY Change	-26.77%	-2.09%
Interest Expense	$108.0K
YoY Change
% of Operating Profit
Other Income/Expense, Net	$35.00K	$42.00K
YoY Change	-16.67%	75.0%
Pretax Income	-$1.824M	-$2.349M
YoY Change	-22.35%	-2.85%
Income Tax	$23.00K
% Of Pretax Income
Net Earnings	-$1.847M	-$2.349M
YoY Change	-21.37%	27.25%
Net Earnings / Revenue	-32.21%	-37.26%
Basic Earnings Per Share	-$0.11	-$0.14
Diluted Earnings Per Share	-$0.11	-$0.14
COMMON SHARES
Basic Shares Outstanding	16.65M shares	16.63M shares
Diluted Shares Outstanding	16.65M shares	16.63M shares

Balance Sheet

Concept	2020 Q1	2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$6.200M	$7.210M
YoY Change	-14.01%	-17.22%
Cash & Equivalents	$2.855M	$4.326M
Short-Term Investments	$3.340M	$2.890M
Other Short-Term Assets	$1.080M	$1.880M
YoY Change	-42.55%	-4.08%
Inventory	$10.35M	$12.33M
Prepaid Expenses
Receivables	$4.575M	$6.435M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$22.20M	$27.86M
YoY Change	-20.31%	-11.66%
LONG-TERM ASSETS
Property, Plant & Equipment	$966.0K	$1.280M
YoY Change	-24.53%	-13.57%
Goodwill
YoY Change
Intangibles	$15.41M	$11.10M
YoY Change	38.81%	45.31%
Long-Term Investments	$1.100M	$6.240M
YoY Change	-82.37%	-15.9%
Other Assets	$4.592M	$158.0K
YoY Change	2806.33%	-50.0%
Total Long-Term Assets	$30.14M	$30.07M
YoY Change	0.23%	-7.88%
TOTAL ASSETS
Total Short-Term Assets	$22.20M	$27.86M
Total Long-Term Assets	$30.14M	$30.07M
Total Assets	$52.35M	$57.94M
YoY Change	-9.65%	-9.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.475M	$2.326M
YoY Change	6.41%	-45.84%
Accrued Expenses	$2.723M	$2.396M
YoY Change	13.65%	21.32%
Deferred Revenue	$207.0K	$259.0K
YoY Change	-20.08%	-8.16%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.405M	$4.981M
YoY Change	8.51%	-23.98%
LONG-TERM LIABILITIES
Long-Term Debt	$2.270M	$0.00
YoY Change
Other Long-Term Liabilities	$140.0K	$570.0K
YoY Change	-75.44%	-16.05%
Total Long-Term Liabilities	$140.0K	$570.0K
YoY Change	-75.44%	-16.05%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.405M	$4.981M
Total Long-Term Liabilities	$140.0K	$570.0K
Total Liabilities	$9.732M	$7.957M
YoY Change	22.31%	8.82%
SHAREHOLDERS EQUITY
Retained Earnings		-$7.824M
YoY Change		-183.53%
Common Stock	$58.58M	$57.94M
YoY Change	1.1%	21.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$42.61M	$49.98M
YoY Change
Total Liabilities & Shareholders Equity	$52.35M	$57.94M
YoY Change	-9.65%	-9.74%

Cashflow Statement

Concept	2020 Q1	2019 Q1
OPERATING ACTIVITIES
Net Income	-$1.847M	-$2.349M
YoY Change	-21.37%	27.25%
Depreciation, Depletion And Amortization	$520.0K	$509.0K
YoY Change	2.16%	33.95%
Cash From Operating Activities	$531.0K	-$1.294M
YoY Change	-141.04%	332.78%
INVESTING ACTIVITIES
Capital Expenditures	$30.00K	$37.00K
YoY Change	-18.92%	-40.32%
Acquisitions
YoY Change
Other Investing Activities	-$1.640M	-$5.550M
YoY Change	-70.45%	-586.84%
Cash From Investing Activities	-$1.716M	-$5.591M
YoY Change	-69.31%	-651.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$3.000K	$9.000K
YoY Change	-66.67%	-101.25%
NET CHANGE
Cash From Operating Activities	$531.0K	-$1.294M
Cash From Investing Activities	-$1.716M	-$5.591M
Cash From Financing Activities	$3.000K	$9.000K
Net Change In Cash	-$1.182M	-$6.876M
YoY Change	-82.81%	137420.0%
FREE CASH FLOW
Cash From Operating Activities	$531.0K	-$1.294M
Capital Expenditures	$30.00K	$37.00K
Free Cash Flow	$501.0K	-$1.331M
YoY Change	-137.64%	268.7%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2020Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	15000	USD
CY2020Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	9594000	USD
CY2019Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2019Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16630597	shares
CY2019Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	2222000	USD
CY2020Q1	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	2272000	USD
CY2019Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	16650725	shares
CY2020Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	439000	USD
CY2019Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3205000	USD
CY2020Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2855000	USD
CY2020Q1	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	3342000	USD
CY2019Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	3026000	USD
CY2020Q1	us-gaap	Inventory Net InventoryNet	10350000	USD
CY2020Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1082000	USD
CY2020Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4575000	USD
CY2020Q1	us-gaap	Marketable Securities Noncurrent MarketableSecuritiesNoncurrent	1095000	USD
CY2020Q1	us-gaap	Inventory Noncurrent InventoryNoncurrent	5746000	USD
CY2020Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	966000	USD
CY2020Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2332000	USD
CY2019Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	3601000	USD
CY2020Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	15411000	USD
CY2020Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4592000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	70000	USD
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.11
CY2019Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2871000	USD
CY2020Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	2475000	USD
CY2020Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2723000	USD
CY2020Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	58560000	USD
CY2020Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	207000	USD
CY2020Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1915000	USD
CY2020Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	140000	USD
CY2020Q1	us-gaap	Liabilities Liabilities	9732000	USD
CY2019Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	140000	USD
CY2020Q1	us-gaap	Liabilities Current LiabilitiesCurrent	5405000	USD
CY2020Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-233000	USD
CY2020Q1	us-gaap	Assets Assets	52346000	USD
CY2020Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	52346000	USD
CY2019Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	424000	USD
CY2020Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1536000	USD
CY2020Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2020Q1	clro	Increase Decrease In Operating Lease Liabilities IncreaseDecreaseInOperatingLeaseLiabilities	-146000	USD
CY2019Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	58520000	USD
CY2020Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	16650725	shares
CY2019Q4	us-gaap	Liabilities Liabilities	10632000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4064000	USD
CY2019Q4	us-gaap	Liabilities Current LiabilitiesCurrent	6249000	USD
CY2019Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	173000	USD
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	17000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	42614000	USD
CY2019Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.14
CY2019Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	42000	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-2349000	USD
CY2020Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1344000	USD
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	23000	USD
CY2020Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	55110000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	44478000	USD
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-13883000	USD
CY2019Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-176000	USD
CY2019Q4	us-gaap	Assets Assets	55110000	USD
CY2019Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14009000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1044000	USD
CY2019Q4	us-gaap	Assets Current AssetsCurrent	25183000	USD
CY2019Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1184000	USD
CY2019Q4	us-gaap	Inventory Net InventoryNet	11441000	USD
CY2019Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5468000	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2391000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-2349000	USD
CY2019Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1587000	USD
CY2019Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	25000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-1847000	USD
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16630597	shares
CY2020Q1	us-gaap	Operating Expenses OperatingExpenses	4589000	USD
CY2020Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1751000	USD
CY2019Q1	us-gaap	Interest Expense InterestExpense		USD
CY2019Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2306000	USD
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CY2020Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2896000	USD
CY2020Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	5734000	USD
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CY2020Q1	us-gaap	Interest Expense InterestExpense	108000	USD
CY2020Q1	us-gaap	Gross Profit GrossProfit	2838000	USD
CY2020Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	35000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-23000	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	6305000	USD
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	5095000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-27000	USD
CY2019Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.14
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1555000	USD
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16630597	shares
CY2019Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1953000	USD
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.11
CY2019Q1	clro	Increase Decrease In Operating Lease Liabilities IncreaseDecreaseInOperatingLeaseLiabilities	-147000	USD
CY2019Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-9000	USD
CY2019Q1	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	373000	USD
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CY2020Q1	us-gaap	Inventory Write Down InventoryWriteDown	201000	USD
CY2020Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	34000	USD
CY2020Q1	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	10000	USD
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CY2020Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	30000	USD
CY2020Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-458000	USD
CY2019Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-156000	USD
CY2020Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	3000	USD
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CY2020Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-27000	USD
CY2019Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	37000	USD
CY2020Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	8000	USD
CY2019Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	509000	USD
CY2020Q1	clro	Capitalized Patent Defense Costs CapitalizedPatentDefenseCosts	1722000	USD
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4326000	USD
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CY2020Q1	us-gaap	Share Based Compensation ShareBasedCompensation	37000	USD
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CY2019Q4	clro	Inventory Noncurrent Finished Goods Net Of Reserves InventoryNoncurrentFinishedGoodsNetOfReserves	4369000	USD
CY2020Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
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CY2020Q1	us-gaap	Incremental Common Shares Attributable To Equity Unit Purchase Agreements IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements		shares
CY2020Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	542818	shares
CY2019Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	587184	shares
CY2019Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	847000	USD
CY2020Q1	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	28000	USD
CY2019Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	4543000	USD
CY2020Q1	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	20000	USD
CY2019Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	4521000	USD
CY2020Q1	us-gaap	Available For Sale Securities AvailableForSaleSecurities	4437000	USD
CY2020Q1	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	4429000	USD
CY2020Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost		USD
CY2020Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	3342000	USD
CY2020Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	1098000	USD
CY2020Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	3331000	USD
CY2019Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	26000	USD
CY2020Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue		USD
CY2020Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	20000	USD
CY2020Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	20000	USD
CY2020Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	4429000	USD
CY2020Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	1095000	USD
CY2020Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	4437000	USD
CY2019Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	4000	USD
CY2020Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue		USD
CY2020Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	1152000	USD
CY2020Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	24123000	USD
CY2020Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1536000	USD
CY2020Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	8393000	USD
CY2019Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	364000	USD
CY2020Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	15411000	USD
CY2020Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1529000	USD
CY2019Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	14009000	USD
CY2020Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	8712000	USD
CY2019Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	22353000	USD
CY2020Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	368000	USD
CY2020Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss		USD
CY2020Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	678000	USD
CY2020Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	678000	USD
CY2020Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y2M12D
CY2020Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	344000	USD
CY2020Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	180000	USD
CY2020Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	553000	USD
CY2020Q1	clro	Increase Decrease In Net Cash Provided By Used In Operating Activities IncreaseDecreaseInNetCashProvidedByUsedInOperatingActivities	1825000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	74000	USD
CY2019Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-320000	USD
CY2020Q1	dei	Entity Registrant Name EntityRegistrantName	CLEARONE INC
CY2020Q1	dei	Entity Shell Company EntityShellCompany	false
CY2020Q1	dei	Security12b Title Security12bTitle	Common Stock, $0.001
CY2019Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		USD
CY2020Q1	dei	Amendment Flag AmendmentFlag	false
CY2020Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2020Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
CY2020Q1	dei	Document Type DocumentType	10-Q
CY2020Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2020Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2020Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16650725	shares
CY2020Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2020Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2020Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2020Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2020Q1	dei	Trading Symbol TradingSymbol	clro
CY2020Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000840715
CY2019Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	3000000	USD
CY2020Q1	dei	Document Period End Date DocumentPeriodEndDate	2020-03-31
CY2019Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	577000	USD
CY2019Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability		USD
CY2020Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	187000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	634000	USD
CY2020Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	2468000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	69000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	306000	USD
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16650725	shares
CY2020Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1506000	USD
CY2020Q1	us-gaap	Assets Current AssetsCurrent	22204000	USD
CY2020Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16630597	shares
CY2020Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	63000	USD
CY2019Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	169000	USD
CY2020Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.061	pure
CY2019Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y4M24D
CY2019Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	171000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	514000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	2812000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	610000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	679000	USD
CY2019Q4	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	440000	USD
CY2020Q1	us-gaap	Long Term Debt LongTermDebt	2272000	USD
CY2020Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths		USD
CY2020Q1	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	440000	USD
CY2020Q1	clro	Warrant Instrument Convertible Beneficial Conversion Feature WarrantInstrumentConvertibleBeneficialConversionFeature	122000	USD
CY2019Q4	clro	Warrants Carrying Amount WarrantsCarryingAmount	318000	USD
CY2019Q4	clro	Warrant Instrument Convertible Beneficial Conversion Feature WarrantInstrumentConvertibleBeneficialConversionFeature	122000	USD
CY2020Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	1920000	USD
CY2019Q4	us-gaap	Long Term Debt LongTermDebt	2222000	USD
CY2019Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	778000	USD
CY2020Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	3000000	USD
CY2020Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	728000	USD
CY2020Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	720000	USD
CY2020Q1	clro	Warrants Carrying Amount WarrantsCarryingAmount	318000	USD
CY2020Q1	us-gaap	Common Stock Value CommonStockValue	17000	USD
CY2020Q1	clro	Working Capital Deficit WorkingCapitalDeficit	16799000	USD
CY2020Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1428000	USD

Files In Submission

Name	View Source	Status
0001753926-20-000139-index-headers.html	Edgar Link	pending
0001753926-20-000139-index.html	Edgar Link	pending
0001753926-20-000139.txt	Edgar Link	pending
0001753926-20-000139-xbrl.zip	Edgar Link	pending
clro-20200331.xml	Edgar Link	completed
clro-20200331.xsd	Edgar Link	pending
clro-20200331_cal.xml	Edgar Link	unprocessable
clro-20200331_def.xml	Edgar Link	unprocessable
clro-20200331_lab.xml	Edgar Link	unprocessable
clro-20200331_pre.xml	Edgar Link	unprocessable
ex311_1.htm	Edgar Link	pending
ex312_2.htm	Edgar Link	pending
ex321_3.htm	Edgar Link	pending
ex322_4.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MainDocument.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$CLRO
CLEARONE INC Stock $clro

2020 Q1 Form 10-Q Financial Statement

#000175392620000139 Filed on May 20, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CLRO CLEARONE INC Stock $clro

2020 Q1 Form 10-Q Financial Statement

#000175392620000139 Filed on May 20, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CLRO
CLEARONE INC Stock $clro