ClearSign Technologies Corp (NAS:CLIR)

Q1 2026 ClearSign Technologies Corp Earnings Call Transcript

May 20, 2026 / 09:00 PM GMT

Release Date Price: $4.9 (+6.52%)

Transcript 8-K10-Q

Key Points

Positve

ClearSign Technologies Corp (CLIR) announced an order for the next phase of a 32-burner project for a California refinery, indicating ongoing business and project progression.
The company has developed a configurable architecture for its burners, allowing adaptation to various heater types, which expands its market reach.
ClearSign's technology offers a more economical solution for meeting emissions regulations compared to incumbent technologies, providing a competitive advantage.
The company has a substantial backlog in process burner orders, suggesting potential future revenue growth.
ClearSign's collaboration with Zico, a global company, enhances its manufacturing capabilities and supports its global market expansion plans.

Negative

ClearSign Technologies Corp (CLIR) experienced a year-over-year decrease in revenues for the first quarter of 2026, primarily due to a reduction in spare part deliveries.
The company's gross profit decreased due to lower revenues and a warranty accrual for potential modifications to installed equipment.
Net loss for the first quarter increased compared to the same period in 2025, despite a decrease in general and administrative expenses.
The company's cash used in operations increased year-over-year, indicating higher operational costs.
Order intake has been described as 'lumpy,' suggesting potential volatility in revenue streams.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CLIR.OQ - Clearsign Technologies Corp
Q1 2026 ClearSign Technologies Corp Earnings Call
May 20, 2026 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon, ladies and gentlemen, and thank you for your patience. Your conference will begin shortly. Once again, thank you for your patience. Your conference will begin shortly.

Good day everyone and welcome to the Clearsign Technologies first quarter 2026 earnings conference call.

At this time, all participants are placed on a listen-only mode. If you have any questions or comments during the presentation, you may press star one on your phone to enter the question queue at any time and we will open the floor for your questions and comments after the presentation.

It is now my pleasure to hand the floor over to your host, Matthew Selinger, Investor Relations at Clearsign Technologies.

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