Clearone Inc Stock Price, News & Analysis

ClearOne (NASDAQ: CLRO) has announced a special one-time stock dividend as part of its strategic process involving potential asset sales. The company will distribute one share of Class A Redeemable Preferred Stock for each share of common stock and common stock equivalents held by shareholders.

The special dividend will be payable on July 18, 2025 to stockholders of record as of July 11, 2025. Upon completion of any asset sale, the Class A Preferred Stock will be redeemed for 100% of the net proceeds. Due to FINRA UPC Rule 11140, shareholders who sell their common stock on or before the July 18 payment date will not receive the special dividend.

The company notes that while this is a one-time special dividend, future dividends will be evaluated by the Board of Directors based on relevant factors, though no additional dividends are currently authorized or contemplated.

ClearOne (NASDAQ: CLRO) has announced a 1-for-15 reverse stock split effective June 9, 2025, at 5:00 p.m. Eastern time, with trading on the adjusted basis beginning June 10, 2025. The primary goal is to increase the stock's market price to regain compliance with Nasdaq's minimum bid price requirement. The split will reduce outstanding shares from approximately 26.0 million to 1.7 million, while maintaining the $0.001 par value. Stockholders' ownership percentages will remain unchanged except for fractional shares, which will be rounded up to one whole share. The company will continue trading under the symbol CLRO with a new CUSIP number (18506U203). Proportional adjustments will be made to stock options, warrants, and equity incentive plans. No action is required from shareholders holding shares electronically or in street name, while certificate holders will receive instructions from Colonial Stock Transfer.

ClearOne (NASDAQ: CLRO) has announced a 1-for-15 reverse stock split to be effective on June 2, 2025, at 5:00 p.m. Eastern time, pending stockholder approval at a special meeting on May 30, 2025. The stock will begin trading on an adjusted basis on June 3, 2025. The primary purpose is to increase the company's per share market price to regain compliance with Nasdaq's minimum bid price requirement.

The reverse split will reduce ClearOne's outstanding shares from approximately 26.0 million to 1.7 million. The stock will continue trading under the symbol "CLRO" with a new CUSIP number: 18506U203. Proportional adjustments will be made to stock options, warrants, and equity incentive plans. No fractional shares will be issued, with any fractions being rounded up to one whole share.

Stockholders' ownership percentages will remain unchanged, except for fractional adjustments. No action is required from stockholders holding shares electronically or in street name.

ClearOne (NASDAQ: CLRO) reported challenging Q1 2025 financial results with revenue declining 36% year-over-year to $2.3 million, down from $3.6 million in Q1 2024. The company's gross profit margin dropped significantly to 5% from 32% in Q1 2024, resulting in a net loss of $(2.8) million. Despite introducing five new innovative products, including the award-winning BMA 360DX, the company faced severe inventory sourcing challenges due to cash flow constraints. To address financial concerns, ClearOne secured a $1 million investment from Edward Bagley and entered into an agreement with RBW Capital Partners and Dawson James Securities to explore strategic alternatives, including potential merger, sale, or spin-off options. The company continued its cost optimization efforts, reducing sales and research expenses by 15% and 23% respectively year-over-year.

ClearOne (NASDAQ: CLRO) reported Q4 2024 financial results with mixed performance. Q4 revenue was $3.0 million, up 18.1% from Q3 2024 but down from $4.2 million in Q4 2023. Gross margin improved 44.8% quarter-over-quarter to 30%, though down from 38% year-over-year.

The company reduced full-year 2024 operating expenses by 9.8% compared to 2023. Q4 2024 resulted in a GAAP net loss of $(2.2) million, or $(0.09) per share, compared to net income of $2.6 million in Q4 2023. Cash position ended at $1.4 million with no secured debt.

Notable developments include the launch of DIALOG® 20 USB 2-Channel Wireless Microphone and a special one-time cash dividend of $0.50 per share announced in March 2024. The company faced challenges from slower order flow and lack of Microsoft Teams certification.

ClearOne announces its participation at ISE 2025 (February 4-7) in Barcelona, where it will showcase its latest conferencing and collaboration solutions at Hall 2, Booth #2N220. The company will present several new products, including the BMA 360DX, an all-in-one ceiling tile combining beamforming microphone array, DSP processor, and multi-channel amplifier.

Key products on display include the Versa 120D, a USB-C docking station with Dante audio networking, the DIALOG AERO wireless microphone system, and the UNITE 260N Pro 4K Ultra HD camera with NDI|HX support. ClearOne will also introduce new additions to its DIALOG UVHF Wireless Microphone System, featuring a 4-Channel Access Point and 4-Bay Dock.

The company will demonstrate solutions for various room sizes, from small environments using the CHAT 150 BT Speakerphone to larger spaces utilizing the BMA 360 and CONVERGE Pro 2 systems.

ClearOne has expanded its DIALOG® UVHF Wireless Microphone System with two new additions: a 4-channel Access Point and a 4-bay Dock. The system now offers flexibility between 8 or 4 Dante channels Access Points and Charger Docks for 8 or 4 microphones.

The lightweight plenum-rated access point features versatile mounting options and Dante-powered technology. The system provides up to 350 usable frequencies and includes features such as antenna redundancy, diversity, and Power over Ethernet (PoE). It supports various microphone types including lavalier, lanyard, and headset-type bodypack options.

The system is compatible with major collaboration platforms like Microsoft Teams®, Google Meet®, Zoom®, and WebEx®, and comes with a three-year warranty. An optional Dante interface offers eight Euroblock balanced analog outputs, USB audio output, and eight GPIOs.

ClearOne (NASDAQ: CLRO) has unveiled the UNITE 260N Pro, a professional 4K Ultra HD camera with NDI®|HX integration, at ISE 2025. The camera features 20X optical zoom and 16X digital zoom capabilities, along with motorized pan-tilt-zoom (PTZ) functionality.

Key features include AI-powered smart face tracking, customizable zone tracking, and auto framing capabilities. The camera incorporates a high SNR CMOS sensor with 2D and 3D noise reduction for superior low-light performance. It supports multiple control interfaces including USB, Ethernet, RS-485, and RS-232.

The UNITE 260N Pro offers local MP4 recording functionality and is compatible with major platforms like Microsoft Teams, Google Meet, Zoom, and WebEx. The NDI integration enables instant discovery within standard IP networks, allowing for high-quality, low-latency video transmission with simplified setup.

ClearOne has unveiled the DIALOG® AERO, a two-channel digital wireless microphone system featuring UHF wideband technology with over 100 MHz of RF tuning range. The system boasts less than 4 ms end-to-end audio latency and includes a modular expandable 2-bay smart dock that can be scaled up to eight channels.

Key features include auto-scan functionality for optimal channel selection, detachable antennas with a 5-foot extension kit, and flexible powering options including rechargeable Li-Ion AA batteries, NiMH AA batteries, standard AA batteries, or USB-C. The receiver offers professional connectivity through balanced XLR outputs and an unbalanced 1/4-inch mixed output.

The system includes remote management capabilities via Aero Console software and is compatible with major collaboration platforms like Microsoft Teams®, Google Meet®, Zoom®, and WebEx®. The product will be showcased at ISE 2025 in Barcelona.