CLEARONE INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $0 | $0 | $18.7M | $25.2M | $29.0M |
| Cost of revenue | $328,000 | $194,000 | $12.3M | $15.7M | $17.1M |
| Gross profit | -$328,000 | -$194,000 | $6.4M | $9.5M | $11.9M |
| Research and development | — | $3.3M | $3.7M | $4.4M | $5.8M |
| Operating expenses | $4.1M | $1.9M | $13.1M | $16.7M | $19.4M |
| Operating income | -$4.4M | -$2.1M | -$6.8M | -$7.2M | -$7.5M |
| Interest expense | — | — | $537,000 | $420,000 | $514,000 |
| Pretax income | -$4.5M | -$1.8M | -$126,000 | $27.5M | -$8.0M |
| Income tax expense | $83,000 | $98,000 | $434,000 | $6.9M | -$283,000 |
| Net income | -$26.1M | -$9.0M | -$560,000 | $20.6M | -$7.7M |
| Balance Sheet | |||||
| Cash and equivalents | $220,000 | $1.4M | $17.8M | $984,000 | $1.1M |
| Current assets | $1.7M | $18.8M | $43.3M | $77.4M | $29.4M |
| Total assets | $2.3M | $26.5M | $50.7M | $83.8M | $66.2M |
| Current liabilities | $1.5M | $3.5M | $4.3M | $8.1M | $11.5M |
| Total liabilities | $3.0M | $5.2M | $6.0M | $9.6M | $14.7M |
| Total debt | — | — | — | — | $2.6M |
| Stockholders' equity | -$714,000 | $21.3M | $44.7M | $74.1M | $51.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$14.6M | -$6.1M | $54.6M | -$4.2M | -$4.4M |
| Depreciation and amortization | $0 | $0 | $238,000 | $263,000 | $378,000 |
| Stock-based compensation | $79,000 | $98,000 | $109,000 | $113,000 | $136,000 |
| Capital expenditure | — | $196,000 | $375,000 | $51,000 | $221,000 |
| Free cash flow | — | -$6.3M | $54.3M | -$4.2M | -$4.6M |
| Dividends paid | $0 | $14.5M | $29.0M | $0 | — |
Shares outstanding 2.7M
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.