Clearone Inc financial data

Symbol
CLRO on Nasdaq
Industry
Telephone & Telegraph Apparatus
Location
5225 Wiley Post Way, Suite 500, Salt Lake City, UT
State of incorporation
DE
Fiscal year end
December 31
Former names
CLEARONE COMMUNICATIONS INC (to 1/16/2013), GENTNER COMMUNICATIONS CORP (to 1/31/2002)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 446 % -51.6%
Quick Ratio 173 % +33%
Debt-to-equity 29.5 % +109%
Return On Assets -10.5 % -133%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24M shares +0.04%
Common Stock, Shares, Outstanding 24M shares +0.04%
Entity Public Float 17.9M USD +168%
Common Stock, Value, Issued 24K USD 0%
Weighted Average Number of Shares Outstanding, Basic 24M shares +0.04%
Weighted Average Number of Shares Outstanding, Diluted 24M shares +0.04%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 3.41M USD -10%
Selling and Marketing Expense 4.83M USD -0.92%
General and Administrative Expense 4.01M USD -19.8%
Operating Income (Loss) -8.93M USD -17.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.72M USD -113%
Income Tax Expense (Benefit) 417K USD -93.9%
Net Income (Loss) Attributable to Parent -4.14M USD -120%
Earnings Per Share, Basic -0.18 USD/shares -121%
Earnings Per Share, Diluted -0.18 USD/shares -121%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.69M USD -87.7%
Marketable Securities, Current 1.14M USD -80.1%
Accounts Receivable, after Allowance for Credit Loss, Current 1.87M USD -51.8%
Inventory, Net 14.3M USD +64.7%
Assets, Current 23M USD -45.3%
Property, Plant and Equipment, Net 518K USD -12.2%
Operating Lease, Right-of-Use Asset 718K USD -33.6%
Intangible Assets, Net (Excluding Goodwill) 1.57M USD -12.7%
Other Assets, Noncurrent 78K USD -30.4%
Assets 28.4M USD -42.2%
Accounts Payable, Current 1.25M USD -29.1%
Accrued Liabilities, Current 2.06M USD -12.1%
Contract with Customer, Liability, Current 22K USD -42.1%
Liabilities, Current 3.33M USD -37.7%
Operating Lease, Liability, Noncurrent 472K USD -37.5%
Other Liabilities, Noncurrent 1.08M USD +7.04%
Liabilities 4.88M USD -31.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -307K USD +0.33%
Retained Earnings (Accumulated Deficit) -7.86M USD -111%
Stockholders' Equity Attributable to Parent 23.5M USD -44.1%
Liabilities and Equity 28.4M USD -42.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 433K USD -99.3%
Net Cash Provided by (Used in) Financing Activities 7K USD
Net Cash Provided by (Used in) Investing Activities 273K USD
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 24M shares +0.04%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 709K USD -98.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.69M USD -87.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 13.8M USD +2.43%
Cash and Cash Equivalents, Period Increase (Decrease) 351K USD
Deferred Tax Assets, Gross 13.8M USD +2.43%
Operating Lease, Liability 754K USD -34.1%
Payments to Acquire Property, Plant, and Equipment 69K USD +156%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -4.14M USD -120%
Lessee, Operating Lease, Liability, to be Paid 835K USD -35.2%
Property, Plant and Equipment, Gross 1.76M USD +28.2%
Operating Lease, Liability, Current 282K USD -27.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 210K USD -22.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 272K USD -38%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 81K USD -43.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 216K USD +2.86%
Deferred Tax Assets, Operating Loss Carryforwards 4.73M USD +53.8%
Unrecognized Tax Benefits 1.08M USD +12.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 36K USD -83.3%
Operating Lease, Payments 115K USD -23.8%
Amortization of Intangible Assets 338K USD -60.8%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 118K USD -36.4%
Interest Expense 39K USD -93.5%