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
Delaware
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 - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 478 % -43.9%
Quick Ratio 144 % +7.9%
Debt-to-equity 27.2 % +95.7%
Return On Assets -7.67 % -125%

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 +0.06%
Weighted Average Number of Shares Outstanding, Diluted 24M shares +0.06%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 3.52M USD -6.86%
Selling and Marketing Expense 4.89M USD -0.51%
General and Administrative Expense 4.15M USD -25.5%
Operating Income (Loss) -8.23M USD -13.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.01M USD -111%
Income Tax Expense (Benefit) 420K USD -93.9%
Net Income (Loss) Attributable to Parent -3.43M USD -116%
Earnings Per Share, Basic -0.15 USD/shares -117%
Earnings Per Share, Diluted -0.15 USD/shares -118%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.45M USD -83.8%
Marketable Securities, Current 1.85M USD -71.1%
Accounts Receivable, after Allowance for Credit Loss, Current 2.57M USD -39.2%
Inventory, Net 14.6M USD +93.4%
Assets, Current 25.4M USD -42.3%
Property, Plant and Equipment, Net 552K USD -10.1%
Operating Lease, Right-of-Use Asset 804K USD -31.3%
Intangible Assets, Net (Excluding Goodwill) 1.58M USD -16.9%
Other Assets, Noncurrent 108K USD -5.26%
Assets 30.8M USD -40.4%
Accounts Payable, Current 1.9M USD -21.9%
Accrued Liabilities, Current 1.73M USD -33.3%
Contract with Customer, Liability, Current 23K USD -55.8%
Liabilities, Current 3.65M USD -43.4%
Operating Lease, Liability, Noncurrent 515K USD -39.3%
Other Liabilities, Noncurrent 1.08M USD +7.04%
Liabilities 5.24M USD -36.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -294K USD -8.89%
Retained Earnings (Accumulated Deficit) -5.79M USD -145%
Stockholders' Equity Attributable to Parent 25.6M USD -41.1%
Liabilities and Equity 30.8M USD -40.4%

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 2.45M USD -83.8%
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 848K USD -31.6%
Payments to Acquire Property, Plant, and Equipment 69K USD +156%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -3.45M USD -116%
Lessee, Operating Lease, Liability, to be Paid 943K USD -32.7%
Property, Plant and Equipment, Gross 1.76M USD +28.2%
Operating Lease, Liability, Current 333K USD -14.8%
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 95K USD -41.7%
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 37K USD -82.9%
Operating Lease, Payments 115K USD -23.8%
Amortization of Intangible Assets 430K USD -69.4%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 130K USD -8.33%
Interest Expense 154K USD -74.7%