Clearone Inc financial data

Symbol
CLRO on Nasdaq
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%