Clearone Inc Financials
This page shows Clearone Inc (CLRO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Liquidity erosion rather than top-line momentum now appears to be the dominant operating constraint at ClearOne.
Cash reserves collapsed from$17.8M to$220K over the last two reported years, which matters more than the reported losses because liquidity, not accounting earnings, sets day-to-day operating room. At the same time, shareholders' equity flipped from$44.7M to-$714K , showing that the balance-sheet cushion was consumed rather than merely reshuffled.
FY2023 cash generation looked strong on the surface, with operating cash flow of
Before liquidity tightened, the core cost structure was already under strain: gross margin fell from
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Clearone Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Clearone Inc carries a low D/E ratio of -4.22, meaning only $-4.22 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
Clearone Inc's current ratio of 1.14 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Key Financial Metrics
Earnings & Revenue
Clearone Inc generated $0 in revenue in fiscal year 2025.
Clearone Inc's EBITDA was -$4.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 166.4% from the prior year.
Clearone Inc earned $-14.77 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 163.3% from the prior year.
Cash & Balance Sheet
Clearone Inc held $220K in cash against $0 in long-term debt as of fiscal year 2025.
Clearone Inc had 2M shares outstanding in fiscal year 2025. This represents an increase of 39.9% from the prior year.
Margins & Returns
Capital Allocation
CLRO Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | N/A | $0-100.0% | $1.9M | $0 | N/A | $0-100.0% | $2.3M |
| Cost of Revenue | $70K | N/A | $27K-98.7% | $2.1M+7851.9% | $27K | N/A | $27K-98.8% | $2.3M |
| Gross Profit | -$70K | N/A | -$27K+88.3% | -$231K-755.6% | -$27K | N/A | -$27K-35.0% | -$20K |
| R&D Expenses | $0 | N/A | $0-100.0% | $1.4M | $0 | N/A | $0-100.0% | $868K |
| SG&A Expenses | $780K | N/A | $827K-47.9% | $1.6M+98.5% | $799K | N/A | $815K-3.6% | $845K |
| Operating Income | -$850K | N/A | -$854K+81.3% | -$4.6M-451.9% | -$826K | N/A | -$842K+71.2% | -$2.9M |
| Interest Expense | $0 | N/A | $20K+150.0% | $8K | $0 | N/A | -$29K | $0 |
| Income Tax | $0 | N/A | $1K-87.5% | $8K | $0 | N/A | $16K+6.7% | $15K |
| Net Income | -$487K | N/A | -$13.7M-200.4% | -$4.6M-61.3% | -$2.8M | N/A | -$2.1M+26.9% | -$2.8M |
| EPS (Diluted) | $-0.18 | N/A | $-7.92-200.0% | $-2.64 | $-1.71 | N/A | $-1.29+26.7% | $-1.76 |
CLRO Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.0M-12.3% | $2.3M-75.7% | $9.5M-60.5% | $24.0M-2.7% | $24.7M-7.0% | $26.5M-6.5% | $28.4M-7.8% | $30.8M |
| Current Assets | $1.7M-1.4% | $1.7M-80.3% | $8.6M-49.0% | $16.9M-1.3% | $17.1M-8.9% | $18.8M-18.6% | $23.0M-9.1% | $25.4M |
| Cash & Equivalents | $756K+243.6% | $220K+117.8% | $101K-91.1% | $1.1M+17.8% | $961K-32.2% | $1.4M-15.9% | $1.7M-31.2% | $2.5M |
| Inventory | $333K-5.7% | $353K-9.9% | $392K-95.6% | $8.8M-10.3% | $9.9M+2416.8% | $392K-97.3% | $14.3M-2.3% | $14.6M |
| Accounts Receivable | N/A | N/A | N/A | $1.1M-44.8% | $1.9M-13.5% | $2.2M+18.2% | $1.9M-27.4% | $2.6M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.5M-50.7% | $3.0M-42.7% | $5.3M-42.0% | $9.1M+75.4% | $5.2M-0.9% | $5.2M+6.9% | $4.9M-7.0% | $5.2M |
| Current Liabilities | $875K-41.2% | $1.5M-60.4% | $3.8M-50.0% | $7.5M+111.2% | $3.5M+0.1% | $3.5M+6.6% | $3.3M-8.8% | $3.6M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $532K+174.5% | -$714K-120.6% | $3.5M-76.8% | $14.9M-23.4% | $19.5M-8.5% | $21.3M-9.2% | $23.5M-8.0% | $25.6M |
| Retained Earnings | -$36.6M-1.3% | -$36.1M-13.1% | -$32.0M-83.0% | -$17.5M-35.5% | -$12.9M-28.2% | -$10.1M-28.0% | -$7.9M-35.6% | -$5.8M |
CLRO Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$680K+93.9% | -$11.2M-1389.7% | -$754K+33.2% | -$1.1M+21.5% | -$1.4M+63.9% | -$4.0M-777.2% | $588K+118.6% | -$3.2M |
| Capital Expenditures | N/A | N/A | $0 | $0-100.0% | $17K-58.5% | $41K+105.0% | $20K-69.7% | $66K |
| Free Cash Flow | N/A | N/A | -$754K+33.2% | -$1.1M+22.5% | -$1.5M+63.8% | -$4.0M-808.3% | $568K+117.6% | -$3.2M |
| Investing Cash Flow | N/A | N/A | N/A | -$3K+83.3% | -$18K-101.4% | $1.3M+17.2% | $1.1M-29.9% | $1.6M |
| Financing Cash Flow | N/A | N/A | N/A | $3.0M+197.2% | $1.0M+14285.7% | $7K+133.3% | $3K+100.0% | -$14.5M |
| Dividends Paid | N/A | $0 | $0 | N/A | N/A | $0-100.0% | $6K+200.0% | -$6K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CLRO Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | -12.1%-17.3pp | 5.2% | N/A | N/A | -0.9% |
| Operating Margin | N/A | N/A | N/A | -237.9%-114.9pp | -123.0% | N/A | N/A | -126.9% |
| Net Margin | N/A | N/A | N/A | -238.6%-116.1pp | -122.5% | N/A | N/A | -122.4% |
| Return on Equity | -91.5% | N/A | -396.9%-366.3pp | -30.6%-16.1pp | -14.5% | N/A | -8.8%+2.3pp | -11.0% |
| Return on Assets | -24.1% | N/A | -145.0%-126.0pp | -19.1%-7.6pp | -11.5% | N/A | -7.3%+1.9pp | -9.2% |
| Current Ratio | 1.91+0.8 | 1.14-1.2 | 2.29+0.0 | 2.25-2.6 | 4.81-0.5 | 5.29-1.6 | 6.92-0.0 | 6.95 |
| Debt-to-Equity | 2.79+7.0 | -4.22-5.7 | 1.52+0.9 | 0.61+0.3 | 0.26+0.0 | 0.24+0.0 | 0.210.0 | 0.21 |
| FCF Margin | N/A | N/A | N/A | -58.9%+4.0pp | -62.9% | N/A | N/A | -139.8% |
Note: Shareholder equity is negative (-$714K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
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Frequently Asked Questions
What is Clearone Inc's annual revenue?
Clearone Inc (CLRO) reported $0 in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
What is Clearone Inc's EBITDA?
Clearone Inc (CLRO) had EBITDA of -$4.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What are Clearone Inc's total assets?
Clearone Inc (CLRO) had $2.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Clearone Inc's current ratio?
Clearone Inc (CLRO) had a current ratio of 1.14 as of fiscal year 2025, which is considered adequate.
What is Clearone Inc's debt-to-equity ratio?
Clearone Inc (CLRO) had a debt-to-equity ratio of -4.22 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
Why is Clearone Inc's debt-to-equity ratio negative or unusual?
Clearone Inc (CLRO) has negative shareholder equity of -$714K as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
How financially healthy is Clearone Inc?
Clearone Inc (CLRO) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.