Event-Driven Stocks

ClearSign Technologies Corp

CLIRNasdaq

Industrials · Industrial Instruments For Measurement, Display, and Control · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs1 good5 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$401,000$1.1M$894,000$0$363,000$0
Operating income−$6.7M−$6.5M−$6.0M−$6.1M−$8.1M−$6.9M
Net income−$2.1M−$1.1M−$1.4M−$1.5M−$2.0M−$2.0M
Total assets$12.2M$15.9M$7.6M$10.9M$9.4M$11.1M
Total liabilities$2.7M$2.2M$2.4M$1.4M$1.1M$1.6M
Equity$9.5M$13.8M$5.2M$9.6M$8.3M$9.5M
EPS (diluted)$-0.37$-0.03$-0.04$-0.05$-0.07
Shares out.5239.0M38.5M32.2M30.9M26.7M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−1663.6%
Net margin
−517.7%
Return on equity
−21.8%
Return on assets
−17.0%
Return on capital (ROCE)
−69.5%
Liabilities / assets
21.8%
Debt / equity
0.28×
Book value / share
$183269.23
Revenue growth (YoY)
−63.6%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-23.22distress
Accruals / assets
21.8%high accruals
Piotroski F-Score
1/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
28
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 0Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 severe5 warning1 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Conservative leverage (liabilities < 50% of assets)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202626,0721.4-0.2%
Apr 30, 202626,1201.7+0.3%
Apr 15, 202626,0311.0-42.9%
Mar 31, 202645,5492.3-82.7%
Mar 13, 2026263,9551.1+48.3%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)