ClearSign Technologies Corporation (CLIR): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el panorama dinámico de la innovación industrial, ClearSign Technologies Corporation (CLIR) surge como una fuerza transformadora, reinventando la tecnología de combustión a través de su innovador lienzo de modelo de negocio. Al aprovechar la tecnología avanzada de combustión de electrodos y las asociaciones estratégicas, CLIR está listo para revolucionar la reducción de las emisiones industriales, ofreciendo eficiencia sin precedentes y sostenibilidad ambiental que podría reformular los sectores industriales enteros. Su enfoque único combina ingeniería de vanguardia, propiedad intelectual robusta y propuestas de valor específicas que prometen ofrecer un ahorro sustancial de costos operativos y un avance tecnológico para las industrias con visión de futuro.

ClearSign Technologies Corporation (CLIR) - Modelo de negocios: asociaciones clave

Colaboraciones estratégicas con fabricantes de equipos de combustión industrial

ClearSign Technologies ha establecido asociaciones con fabricantes específicos de equipos de combustión industrial para integrar su tecnología de reducción de emisiones.

Pareja	Enfoque de colaboración	Año iniciado
John Zink Hamworthy Combustion	Integración de tecnología de quemador	2019
Honeywell uop	Soluciones de calefacción de procesos	2021

Asociaciones de investigación con universidades y laboratorios nacionales

ClearSign mantiene las relaciones de investigación colaborativa con las instituciones de investigación académica y gubernamental.

• Universidad de Washington - Investigación de dinámica de fluidos computacionales
• Laboratorio Nacional del Noroeste del Pacífico - Desarrollo de tecnología de reducción de emisiones de emisiones
• Escuela de Minas de Colorado - Investigación de sistemas de combustión avanzada

Posibles empresas conjuntas en sectores de reducción de energía y emisión

ClearSign explora posibles oportunidades de empresas conjuntas en segmentos específicos del mercado energético.

Sector	Socios potenciales	Enfoque tecnológico
Emisiones de refinería	Principales compañías de petróleo	Tecnología de combustión de baja emisión
Generación de energía	Proveedores de infraestructura de servicios públicos	Sistemas de reducción de emisiones

Acuerdos de licencia con socios de desarrollo de tecnología

ClearSign mantiene acuerdos de licencia de tecnología para expandir la aplicación comercial de sus tecnologías propietarias.

• Acuerdo de licencia exclusivo con fabricantes de equipos de procesos industriales
• Asociaciones de transferencia de tecnología no excluidas
• Arreglos de intercambio de propiedades intelectuales

ClearSign Technologies Corporation (CLIR) - Modelo de negocio: actividades clave

Investigación avanzada de combustión e ingeniería térmica

ClearSign Technologies Corporation asignó $ 3.2 millones para gastos de investigación y desarrollo en el año fiscal 2023. La compañía mantiene 7 programas de investigación activos centrados en tecnologías de combustión avanzada.

Categoría de investigación	Inversión anual	Proyectos de investigación activa
Ingeniería térmica	$ 1.4 millones	3 proyectos
Tecnología de combustión	$ 1.1 millones	2 proyectos
Reducción de emisiones	$ 0.7 millones	2 proyectos

Desarrollo de tecnología de combustión de electrodos patentados

La compañía ha desarrollado 12 prototipos únicos de tecnología de combustión de electrodos a partir de 2024.

• Patentes totales presentadas: 18
• Aplicaciones de patentes pendientes: 5
• Nivel de preparación tecnológica: 6-7

Creación de patentes y gestión de propiedad intelectual

Categoría de patente	Número de patentes	Estado de patente
Tecnología de combustión	8	Otorgada
Reducción de emisiones	6	Otorgada
Ingeniería térmica	4	Pendiente

Pruebas prototipo y validación de tecnología

ClearSign realizó 24 pruebas prototipo en 2023, con un 98% de tasa de validación exitosa.

• Iteraciones de prototipo total: 36
• Pruebas del sector industrial: 7 industrias diferentes
• Tasa de mejora del rendimiento: 42%

Ingeniería de soluciones de reducción de emisiones

Tecnología de reducción de emisiones	Mejora de la eficiencia	Industrias objetivo
Baja combustión de NOX	Reducción del 65%	Generación de energía
Eficiencia térmica	48% de mejora	Fabricación
Emisiones de carbono	37% de reducción	Aceite & Gas

ClearSign Technologies Corporation (CLIR) - Modelo de negocio: recursos clave

Cartera de propiedad intelectual especializada

A partir de 2024, ClearSign Technologies Corporation posee 14 patentes emitidas relacionadas con la tecnología de combustión de electrodos.

Categoría de patente	Número de patentes	Estado de protección de patentes
Tecnología de combustión	8	Activo
Diseño de electrodos	4	Activo
Modelado computacional	2	Activo

Ingeniería y experiencia técnica

El equipo técnico de ClearSign comprende 22 ingenieros e investigadores especializados a partir del primer trimestre de 2024.

• Investigadores a nivel de doctorado: 7
• Ingenieros de nivel de maestría: 12
• Personal técnico de nivel de licenciatura: 3

Capacidades avanzadas de modelado computacional

La compañía utiliza infraestructura informática de alto rendimiento con recursos computacionales superiores a 500 teraflops.

Recurso computacional	Especificación
Potencia computacional	512 teraflops
Capacidad de almacenamiento	250 TB
Licencias de software de simulación	12 plataformas avanzadas de modelado computacional

Tecnología patentada de combustión de electrodos

La tecnología de combustión de electrodos patentada de ClearSign cubre múltiples aplicaciones industriales con mejoras de eficiencia demostradas.

• Mejora de la eficiencia térmica: hasta el 15%
• Potencial de reducción de emisiones: 30-40%
• Industrias aplicables: generación de energía, calefacción industrial, petroquímica

Infraestructura de investigación y desarrollo

Inversión en I + D para el año fiscal 2023: $ 4.2 millones, lo que representa el 62% de los gastos operativos totales.

Recurso de I + D	Cantidad/valor
Presupuesto anual de I + D	$4,200,000
Instalaciones de investigación	2 laboratorios dedicados
Áreas de desarrollo prototipo	1 Instalación de pruebas avanzadas

ClearSign Technologies Corporation (CLIR) - Modelo de negocio: propuestas de valor

Emisiones industriales significativamente reducidas

Las tecnologías de ClearSign demuestran capacidades de reducción de emisiones:

Tipo de emisión	Porcentaje de reducción
Emisiones de NOX	Hasta el 70%
Emisiones de CO2	Hasta el 50%

Eficiencia de combustión mejorada

Las métricas de rendimiento de combustión incluyen:

• Mejora de la eficiencia térmica del 15-25%
• Reducción del consumo de combustible en aproximadamente un 18%
• Optimización de transferencia de calor que varía 12-22%

Menores costos operativos para clientes industriales

Categoría de costos	Ahorros potenciales
Gasto de combustible	$ 350,000- $ 750,000 anualmente
Costos de mantenimiento	Reducción del 30-40%

Soluciones tecnológicas ambientalmente sostenibles

Impacto de reducción de carbono:

• Generación potencial de crédito de carbono: 5,000-8,000 toneladas métricas anualmente
• Alineación con estándares globales de sostenibilidad

Rendimiento mejorado de transferencia térmica

Métrico de rendimiento	Rango de mejora
Coeficiente de transferencia de calor	Mejoramiento del 20-35%
Eficiencia térmica	15-25% de aumento

ClearSign Technologies Corporation (CLIR) - Modelo de negocios: relaciones con los clientes

Compromiso de ventas técnicas directas

A partir de 2024, ClearSign Technologies Corporation mantiene un equipo de ventas especializado dirigido a los mercados de combustión industrial y control de emisiones. El enfoque de ventas directas de la compañía se centra en:

• Segmentos de la industria petroquímica
• Instalaciones de generación de energía
• Sectores de fabricación industrial

Métrica de compromiso de ventas	Valor actual
Tamaño del equipo de ventas directas	7 profesionales de ventas técnicas
Ciclo de ventas promedio	12-18 meses
Rango de ingresos anual de objetivos del cliente	$ 50 millones - $ 500 millones

Desarrollo de soluciones personalizadas

ClearSign proporciona soluciones tecnológicas personalizadas con adaptaciones de ingeniería específicas para los requisitos individuales del cliente.

• Diseños de sistemas de combustión personalizados
• Configuraciones de reducción de emisiones
• Estrategias de optimización de rendimiento

Soporte técnico continuo y consulta

Categoría de apoyo	Detalles del servicio
Horas de soporte técnico	Consulta de ingeniería 24/7
Tiempo de respuesta	Respuesta técnica máxima de 4 horas
Costo de soporte anual	Aproximadamente $ 75,000 por cliente

Demostración y validación de rendimiento

ClearSign implementa rigurosos procesos de validación de rendimiento para clientes potenciales.

• Programas de pruebas piloto
• Recopilación de datos de rendimiento integral
• Protocolos de verificación de terceros

Asociaciones de implementación de tecnología a largo plazo

Métrico de asociación	Estado actual
Asociaciones de tecnología activa	6 colaboraciones industriales estratégicas
Duración promedio de la asociación	3-5 años
Inversión colaborativa de I + D	$ 1.2 millones anualmente

ClearSign Technologies Corporation (CLIR) - Modelo de negocios: canales

Equipo de ventas industriales directas

ClearSign Technologies Corporation mantiene un equipo de ventas especializado que se dirige a los mercados industriales con costos operativos anuales del equipo de ventas de aproximadamente $ 1.2 millones en 2023. El equipo se enfoca en el compromiso directo con clientes potenciales en los sectores de combustión de energía, fabricación y industrial.

Métrica del equipo de ventas	2023 datos
Personal de ventas totales	7 representantes de ventas industriales dedicadas
Presupuesto operativo	$ 1.2 millones
Costo promedio de adquisición del cliente	$ 87,500 por cliente industrial

Conferencias técnicas y exhibiciones de la industria

ClearSign asigna aproximadamente $ 450,000 anuales para participar en conferencias técnicas y exhibiciones de la industria.

• Número de conferencias asistidas en 2023: 12
• Presupuesto total de participación de la exposición: $ 450,000
• Costo promedio por conferencia: $ 37,500

Presentaciones técnicas en línea

La compañía invierte $ 175,000 en marketing digital y plataformas de presentación técnica en línea para mostrar innovaciones tecnológicas.

Métrica de presentación en línea	2023 datos
Presupuesto total de marketing digital	$175,000
Número de seminarios web en línea	24 presentaciones técnicas
Asistencia promedio de seminarios web	87 profesionales industriales por sesión

Publicaciones científicas y foros de investigación

ClearSign dedica $ 225,000 a la publicación científica y estrategias de participación del foro de investigación.

• Presupuesto de publicación de investigación: $ 225,000
• Número de artículos científicos publicados: 6
• Foros de investigación atendidos: 9

Plataformas de redes estratégicas de la industria

La compañía asigna $ 185,000 para redes estratégicas y desarrollo de relaciones de la industria.

Métrica de la plataforma de redes	2023 datos
Presupuesto total de redes	$185,000
Membresías de la red profesional	8 Asociaciones de la industria estratégica
Participación del evento de redes	15 eventos de la industria dirigidos

ClearSign Technologies Corporation (CLIR) - Modelo de negocios: segmentos de clientes

Fabricantes de equipos de combustión industrial

ClearSign apunta a los fabricantes de equipos de combustión industrial que buscan soluciones de tecnología de combustión avanzada.

Segmento de mercado	Clientes potenciales	Aplicación tecnológica
Fabricantes de calderas	Babcock & Wilcox	Tecnología de reducción de emisiones
Productores de hornos industriales	Honeywell	Eficiencia de combustión mejorada

Empresas de generación de energía

La tecnología de ClearSign aborda las emisiones y los desafíos de eficiencia en la generación de energía.

• Plantas de energía a escala de servicios públicos
• Infraestructura de energía renovable
• Instalaciones de generación de energía de ciclo combinado

Industrias petroquímicas y refinadas

Los segmentos dirigidos dentro de los mercados petroquímicos incluyen:

Subsector de la industria	Clientes potenciales	Enfoque tecnológico
Refinerías de petróleo	Exxonmobil	Control de emisiones
Procesamiento químico	Químico de dow	Optimización de combustión

Adoptores de tecnología ambiental

ClearSign apunta a las organizaciones que priorizan soluciones tecnológicas sostenibles.

• Empresas de cumplimiento ambiental
• Iniciativas de reducción de carbono
• Inversores de tecnología verde

Organizaciones centradas en la eficiencia energética

Segmentos clave de clientes interesados ​​en tecnologías de optimización de energía:

Tipo de organización	Interés tecnológico	Implementación potencial
Gerentes de energía industrial	Eficiencia de combustión	Optimización de procesos
Departamentos de sostenibilidad	Reducción de emisiones	Gestión de huella de carbono

ClearSign Technologies Corporation (CLIR) - Modelo de negocio: Estructura de costos

Extensos gastos de investigación y desarrollo

En 2023, ClearSign Technologies Corporation informó que los gastos de I + D por un total de $ 4,281,000, lo que representa una inversión significativa en innovación tecnológica.

2022

$3,967,000

68.3%

2023

$4,281,000

72.1%

Año	Gastos de I + D	Porcentaje de ingresos

Protección y mantenimiento de la propiedad intelectual

ClearSign asignó $ 387,000 para protección y mantenimiento de la propiedad intelectual en 2023.

• Costos de presentación de patentes: $ 213,000
• Tarifas legales para la protección de IP: $ 174,000

Desarrollo y prueba de prototipo

Los gastos de desarrollo de prototipos para 2023 alcanzaron $ 1,245,000, centrándose en las tecnologías de control de combustión y emisiones.

Prototipos de tecnología de combustión

$782,000

Prototipos de control de emisiones

$463,000

Categoría de prototipo	Gastos

Compensación de personal técnico

La compensación total del personal técnico en 2023 fue de $ 6,537,000.

• Salarios del personal de ingeniería: $ 4,213,000
• Compensación de científicos de investigación: $ 2,324,000

Costos de marketing y desarrollo empresarial

Los gastos de marketing y desarrollo comercial para 2023 totalizaron $ 1,092,000.

Participación de la conferencia de la industria

$387,000

Marketing digital

$294,000

Operaciones del equipo de ventas

$411,000

Actividad de marketing	Gastos

ClearSign Technologies Corporation (CLIR) - Modelo de negocios: flujos de ingresos

Tarifas de licencia de tecnología

A partir de 2024, ClearSign Technologies Corporation genera ingresos por licencia de tecnología a través de sus tecnologías patentadas de combustión y gestión térmica.

Categoría de licencias	Ingresos anuales estimados
Tecnología de combustión industrial	$275,000
Licencias del sector energético	$412,500

Servicios de consultoría e ingeniería

ClearSign ofrece servicios especializados de consultoría de ingeniería relacionados con sus plataformas de tecnología básicas.

• Tasa de consultoría por hora: $ 250- $ 350 por hora
• Ingresos anuales de servicios de consultoría: $ 687,000
• Rango de proyectos de ingeniería personalizada: $ 50,000- $ 250,000 por proyecto

Posibles regalías de la adopción de tecnología

Estructuras de regalías para la implementación de tecnología en varios sectores industriales.

Sector industrial	Porcentaje de regalías	Regalías anuales estimadas
Aceite & Gas	2.5%	$185,000
Generación de energía	3%	$215,000

Subvenciones de investigación y contratos gubernamentales

Financiación de la investigación a nivel federal y estatal que respalda el desarrollo tecnológico.

• Subvención del Departamento de Energía: $ 475,000
• Contrato de investigación de la EPA: $ 325,000
• Financiación total de la investigación: $ 800,000

Acuerdos de implementación de tecnología basados ​​en el rendimiento

Arreglos contractuales con estructuras de compensación vinculadas al rendimiento.

Tipo de acuerdo	Métrico de rendimiento	Compensación potencial
Reducción de emisiones	Porcentaje de reducción de CO2	$175,000-$350,000
Mejora de la eficiencia	Ganancias de eficiencia energética	$225,000-$450,000

ClearSign Technologies Corporation (CLIR) - Canvas Business Model: Value Propositions

You're looking at the core value ClearSign Technologies Corporation delivers to its industrial customers. It centers on meeting strict environmental mandates while improving the bottom line, which is a tough balance for any operator.

Ultra-low NOx emissions (sub 5 ppm) without expensive Selective Catalytic Reduction (SCR)

The primary value is achieving extremely low Nitrogen Oxide (NOx) emissions without needing the capital expenditure and operational complexity of a Selective Catalytic Reduction (SCR) system. Testing on the M Series process burner demonstrated SCR-level nitrogen oxide (NOx) emissions. Furthermore, co-branded burner lines, like the Zeeco Hydrogen CS5 Burner, are designed to fire 100% natural gas and 100% hydrogen while maintaining sub 5 ppm NOx to comply with tough regulations.

Decarbonization support, including 100% hydrogen-capable burner systems

ClearSign Technologies Corporation supports decarbonization by enabling the use of cleaner fuels. The company received an order for comprehensive testing of a 100% hydrogen capable burner, with results expected in the fourth quarter of 2025. This technology aims to facilitate large-scale hydrogen adoption in industrial furnaces. The potential environmental impact is significant; one estimate suggests a reduction of 500+ tons of CO2 emissions per year per burner.

Improved operational efficiency and reduced maintenance via shorter flames

The technology offers improved heat transfer efficiency within the heater, as shown in testing of the M Series process burner. For operations in California, the estimated energy cost savings per burner is around $80k per year. The value proposition includes a cost-effective solution versus additional capital expenditure (cap-ex) compared to incumbent, post-combustion solutions like SCR.

Retrofit solutions for existing industrial process heaters and boilers

A key offering is the ability to retrofit existing equipment to meet new standards. ClearSign Technologies secured an engineering order for a retrofit burner for a flare from an energy company in California, marking their fourth low-emission flare burner order from a major energy producer. The company also received two separate orders for the new ClearSign Core™ M25 burner for installation as a retrofit in an existing hot oil heater at a gas processing facility in West Texas. The estimated total number of process burners installed worldwide is cited as 280,000.

ClearSign Eye™ sensor technology for enhanced flame safety and monitoring

The ClearSign Eye™ sensor is embedded in established OEM products to enhance the performance of fuel safety systems. Commitments for the first commercial installation of the ClearSign Eye™ Sensor included installing four sensors on each burner of a multi-burner process heater at a supermajor refinery on the U.S. Gulf Coast, expected to be installed in the second quarter of 2025.

Here's a quick look at the company's financial standing as of the end of the third quarter of 2025, which underpins the resources available to deliver these value propositions:

Financial Metric (As of September 30, 2025)	Amount
Market Capitalization	$40M
Cash and Cash Equivalents	$10.5 million
Working Capital	$8.17 million
Shares of Common Stock Issued and Outstanding	52,517,048

Looking at the recent operating performance for the third quarter ended September 30, 2025:

Q3 2025 Financial Result	Amount
Revenue	$1.03 million
Gross Profit	$0.37 million
Net Loss	$1.43 million
Earnings Per Share (EPS)	-$0.03

For the first nine months of 2025, the cumulative net loss reached $5.19 million on revenue of $1.56 million. The stock was trading at $0.72 as of December 02, 2025.

ClearSign Technologies Corporation (CLIR) - Canvas Business Model: Customer Relationships

You're looking at how ClearSign Technologies Corporation (CLIR) manages its key client interactions as of late 2025. It's all about deep integration and proving the technology works under the toughest conditions.

Dedicated account management for supermajor energy and chemical clients

ClearSign Technologies Corporation is actively securing and servicing high-value clients in the energy and chemical sectors. The company received commitments for the first commercial installation of its 'ClearSign Eye' Sensor at a supermajor refinery during the first quarter of 2025. Furthermore, in the third quarter of 2025, the company announced an order for comprehensive testing from a major petrochemical customer, with results expected by the fourth quarter of 2025. This type of engagement suggests a high-touch relationship focused on long-term validation and future deployment across multiple sites.

High-touch, consultative selling for complex, custom retrofit projects

The nature of the projects indicates a consultative sales approach, especially for retrofits. For instance, one energy company in California received an engineering order for an additional flare retrofit burner, marking the third overall burner sold to that specific customer. Another significant engagement involved an order to install 36 ClearSign Core burners at an integrated petroleum producer's U.S. Gulf Coast refinery, announced in September 2025. The completion of a customer witness test for a large 26 burner order in Q3 2025 also points to extensive, hands-on engineering involvement with the client.

Long-term engineering and service contracts for installed base

The financial structure reflects commitments extending beyond the initial sale. As of September 30, 2025, ClearSign Technologies Corporation reported $1.15 million in contract liabilities, which represents customer prepayments for projects not yet completed. This figure is a proxy for future service and installation revenue tied to current customer commitments. The company's Q3 2025 revenue itself was driven by delivering multiple spare parts orders, a midstream order, and a flare order.

Repeat orders from existing customers, showing strong product validation

Evidence of product validation comes through repeat business. The California flare customer mentioned above received its second burner within the year. ClearSign Technologies Corporation also noted securing repeat orders and sales opportunities with heater manufacturers in the first quarter of 2025. The Q3 2025 revenue of $1.03 million was generated from executing several orders from the backlog, including these repeat elements.

Direct engagement with heater manufacturers (OEMs) for product integration

ClearSign Technologies Corporation actively integrates its technology through established Original Equipment Manufacturers (OEMs). A key relationship is with partner Zeeco, Inc., with whom they launched co-branded process burner lines, the Zeeco CS5 and Zeeco Hydrogen CS5 Burners. Furthermore, in the third quarter of 2025, the company received two separate ClearSign Core™ "M" Series Burner Orders from heater manufacturer Devco Process Heaters. This OEM channel is a critical part of scaling the installed base.

Here's a quick look at the customer-related financial snapshot as of the end of Q3 2025:

Metric	Amount/Count	Date/Period
Q3 2025 Revenue	$1.03 million	Quarter Ended September 30, 2025
Contract Liabilities	$1.15 million	As of September 30, 2025
Cash and Cash Equivalents	$10.49 million	As of September 30, 2025
Repeat Flare Burner Order (to one customer)	Second burner in the year (Third overall)	Q1 2025 Update
Major Petrochemical Testing Order	Comprehensive testing for 100% Hydrogen Capable Burner	Q3 2025
Large Burner Order in Testing/Delivery	26 burners	Testing in 2025

The company's strategy relies on these deep technical relationships to drive adoption, which is reflected in the $1.15 million in contract liabilities showing future work already paid for.

You'll want to track the conversion rate of the testing orders into full deployment contracts; that's where the big revenue step-up happens.

Finance: draft 13-week cash view by Friday.

ClearSign Technologies Corporation (CLIR) - Canvas Business Model: Channels

You're looking at how ClearSign Technologies Corporation gets its products and services to the customer base across its various go-to-market strategies as of late 2025.

The channel strategy relies on a mix of direct engagement for large projects and leveraging established partners for broader equipment sales.

Co-branded sales channels with global combustion equipment providers (e.g., Zeeco)

• Launched co-branded process burner lines, Zeeco CS5 and Zeeco Hydrogen CS5 Burners, in March 2025.
• This partnership includes collaboration on global sales and marketing efforts.

Direct sales team for initial engineering orders from end-user refiners

• Secured commitments for the first commercial installation of the 'ClearSign Eye' Sensor at a supermajor U.S. Gulf Coast refinery.
• This initial sensor deployment involves four sensors on each burner of a multi-burner process heater.
• Received an engineering order for a Low Emissions Flare Burner for an energy company in California; this was the third burner sold to this customer overall.

Heater manufacturer partners (OEMs) for new equipment sales

• Secured repeat orders and sales opportunities with heater manufacturers during the first quarter of 2025.
• The new M Series burners technology debuted with an installation into a U.S. Gulf Coast facility of a global chemical company.

Regional distributors and boiler service companies (e.g., California Boiler)

• The M Series (M1) burner technology saw traction through Tulsa Heaters Midstream for a midstream market installation.

Direct-to-customer sales of spare parts and engineering services

Revenue in the third quarter of 2025 was generated predominantly by execution across several smaller streams, highlighting the importance of aftermarket and service revenue.

• Q3 2025 revenue included delivery of multiple spare parts orders.
• Q3 2025 activities also included finalizing a CFD analysis for a flare order and providing engineering services.
• Q1 2025 quarterly sales were skewed toward spare parts orders.

The following table summarizes the financial scale related to these activities as of the latest reported periods in 2025.

Metric	Value (as of Q3 2025)	Value (as of Q1 2025)	Comparison Point
Quarterly Revenue	Approximately $1 million	$0.401 million	Q3 2024 Revenue was approximately $1.9 million.
Cash and Cash Equivalents	Approximately $10.5 million	Approximately $12.8 million	As of September 30, 2025 vs. March 31, 2025.
Shares Outstanding	Approximately 52.5 million	52,422,532	As of September 30, 2025 vs. March 31, 2025.
Net Cash Used in Operations	Approximately $1.8 million (Q3)	Approximately $1.1 million (Q1 YoY comparison)	Q3 2024 Net Cash Used in Operations was approximately $1.4 million.
Gross Margin Improvement (YTD)	Increased 5.3 percentage points	N/A	Compared to the same period in 2024.

The year-over-year revenue comparison for Q3 shows a decrease to approximately $1 million in Q3 2025 from approximately $1.9 million in Q3 2024, which was driven by a large order in the prior year. Finance: draft 13-week cash view by Friday.

ClearSign Technologies Corporation (CLIR) - Canvas Business Model: Customer Segments

You're looking at the specific groups ClearSign Technologies Corporation targets with its advanced combustion and sensing technologies. Based on late 2025 activity, the focus remains heavily on large-scale industrial energy users facing tightening environmental scrutiny.

Downstream refining and petrochemical companies, especially in California and the US Gulf Coast represent a key segment, driven by regulatory pressure. For instance, ClearSign Technologies Corporation received an initial engineering order for a process heater retrofit involving a total of 36 ClearSign Core™ burners at a U.S. Gulf Coast refinery belonging to an integrated petroleum producer, as reported in the third quarter of 2025. Furthermore, the company debuted its new M Series technology with an installation at a U.S. Gulf Coast facility of a global chemical company in the first quarter of 2025.

Midstream oil and gas operators requiring M-Series burners for gas processing are adopting the new product line. ClearSign Technologies Corporation secured two separate ClearSign Core™ "M" Series burner orders for gas processing facilities in the third quarter of 2025. One order is for installation in a hot oil heater at a New Mexico gas processing facility, and the other is a retrofit for a gas processing facility of a multinational energy company in West Texas.

For industrial and commercial boiler operators needing ultra-low emissions compliance, the market context is set by state mandates. The California Energy Commission, the state's primary energy policy and planning agency, is implementing 2025 updates to the Energy Code effective January 1, 2026, which drives demand for low-emission solutions.

Global supermajor energy companies with strict environmental mandates are engaging with ClearSign Technologies Corporation for advanced sensor and burner retrofits. The company received commitments for the first commercial installation of its 'ClearSign Eye' Sensor at a supermajor refinery located on the U.S. Gulf Coast during the first quarter of 2025. This segment also includes the multinational energy company in West Texas mentioned previously.

Energy companies needing low-emission flare solutions for production sites are showing renewed interest. ClearSign Technologies Corporation received an order for its fourth low-emission flare burner from a leading energy producer in California following the third quarter of 2025. This indicates repeat business within this specific application for this customer, as it is the third burner sold to this California energy company within the year.

The following table summarizes recent customer-related order activity relevant to these segments as of late 2025:

Customer Type/Application	Product/Service	Geographic Area	Order Timing (Reported)	Scale/Quantity
Integrated Petroleum Producer (Refinery)	Process Heater Retrofit (ClearSign Core™ Burners)	U.S. Gulf Coast	Q3 2025	36 burners
Multinational Energy Company (Gas Processing)	ClearSign Core™ "M" Series Burner	West Texas	Q3 2025	1 burner
Energy Company (Flare)	Low Emission Flare Burner	California	Q3 2025	1 burner (Fourth total to customer)
Global Chemical Company	ClearSign Core™ M Series Process Burner	U.S. Gulf Coast	Q1 2025	1 installation
Supermajor Refinery	ClearSign Eye Sensor	U.S. Gulf Coast	Q1 2025	Commitment for first commercial installation

It's worth noting the historical context of order lumpiness; the large order shipped in the third quarter of 2024 accounted for approximately 50% of the entire 2024 annual revenue. As of September 30, 2025, ClearSign Technologies Corporation had approximately 52.5 million shares of common stock outstanding, supporting its ability to execute on these customer commitments. The company is working toward a long-term target gross profit margin between 40% and 45%.

• Downstream Refining/Petrochemical: Focus on U.S. Gulf Coast and California.
• Midstream Gas Processing: Targeting adoption of the new M Series burners.
• Supermajors: Securing initial sensor deployments at major refinery sites.
• Flare Solutions: Securing repeat orders to meet emissions compliance.

Finance: draft 13-week cash view by Friday.

ClearSign Technologies Corporation (CLIR) - Canvas Business Model: Cost Structure

You're looking at the cost side of ClearSign Technologies Corporation's operations as of late 2025. It's a mix of heavy upfront investment in technology and the day-to-day costs of running a specialized manufacturing and engineering firm. Honestly, for a company focused on deep tech like this, the fixed costs are where the real commitment lies.

High fixed costs in Research and Development (R&D) for technology advancement

• R&D spending is a structural necessity to maintain the competitive edge of the ClearSign Core™ and ClearSign Eye™ technologies.
• For context on R&D fluctuation, in Q2 2025, research and development expenses saw a year-over-year reduction of approximately $155,000, driven by reduced product development work in that specific quarter.
• The company's long-term strategy hinges on successful product advancements, which inherently carry high, often fixed, R&D overhead.

General and Administrative (G&A) expenses, totaling $1.81 million in Q3 2025

The prompt specifies the General and Administrative (G&A) expense figure for Q3 2025 as $1.81 million. Separately, the company reported that its net cash used in operations for the third quarter of 2025 was approximately $1.8 million, up from approximately $1.4 million for the same period in 2024. This cash usage reflects the overall operating burn before factoring in financing or investing activities.

Costs of goods sold (COGS) for burner and flare system components

Specific Cost of Goods Sold (COGS) figures for Q3 2025 components aren't explicitly broken out in the readily available summaries, but the gross margin performance gives us a view of the cost relationship to revenue. For Q3 2025, the gross profit was approximately $0.37 million on revenues of approximately $1.03 million. This implies COGS was around $0.66 million for the quarter (Revenue minus Gross Profit). The company is targeting gross margins between 40% and 45%.

Legal and regulatory compliance costs, including shareholder actions

These costs can be lumpy, hitting the income statement hard when specific events occur. For example, in Q1 2025, legal expenses totaled approximately $581,000, which was cited as a driver for the year-over-year increase in net loss for that period, related to regulatory inquiries and shareholder actions. Increased regulatory pressures in key markets are also noted as a factor influencing customer interest.

Sales channel development and partner support expenses

Direct, itemized costs for sales channel development and partner support for Q3 2025 are not explicitly listed in the financial summaries. However, the business model relies on expanding these channels, such as the collaboration on global sales and marketing with Zeeco, which represents an ongoing, variable cost tied to sales execution.

Here's a quick look at key Q3 2025 balance sheet context that frames the cost structure:

Metric	Amount as of September 30, 2025
Cash and Cash Equivalents	Approximately $10.5 million
Shares of Common Stock Outstanding	Approximately 52,517,048
Working Capital	Totaled $8.17 million

The company's cost structure is currently supported by this cash position, which totaled approximately $10.5 million as of September 30, 2025. Finance: draft 13-week cash view by Friday.

ClearSign Technologies Corporation (CLIR) - Canvas Business Model: Revenue Streams

You're looking at the revenue side of ClearSign Technologies Corporation (CLIR) as of late 2025, and the numbers show a shift in the mix of how they are bringing in money compared to the prior year.

The total revenue for the first nine months of 2025 was $1.56 million. This figure is down significantly from the $3.01 million recognized for the same nine-month period in 2024. For context, the third quarter of 2025 alone brought in $1.03 million in sales, which was a drop from the $1.86 million in sales recorded in the third quarter of 2024.

The revenue generation is clearly tied to the delivery and servicing of their core technology platforms. Here is a breakdown of the streams that contributed to that $1.56 million year-to-date figure:

• Sales of ClearSign Core™ and Duplex™ process burner and flare systems
• Engineering and computational modeling services for initial project phases
• Revenue from spare parts orders to existing customers
• Licensing fees or royalties from channel partners (implied by co-branding)

To give you a clearer picture of the activities driving the Q3 2025 revenue, which was $1.03 million, the execution came from several areas:

Revenue Component	Supporting Activity/Evidence (Q3 2025)	Related Revenue Stream
System Sales	Delivering a midstream order; delivering a flare order	Sales of ClearSign Core™ and Duplex™ process burner and flare systems
Spare Parts	Delivering multiple spare parts orders	Revenue from spare parts orders to existing customers
Services/Modeling	Finalizing a CFD analysis for another flare order; providing engineering services	Engineering and computational modeling services for initial project phases
Large Project Execution	Completing a customer witness test for a large 26 burner order	Sales of ClearSign Core™ and Duplex™ process burner and flare systems

The emphasis on spare parts in the third quarter is notable; management indicated that Q3 2025 revenue was generated predominantly by delivering multiple spare parts orders, which can compress scale benefits compared to large system sales. Also, remember the co-branding launch with Zeeco for the CS5 and Hydrogen CS5 burners, which expands their sales channels and suggests a structure where licensing fees or royalties could become a more material stream as those partnerships mature.

The company maintained a strong balance sheet to support these activities, holding approximately $10.5 million in cash and cash equivalents as of September 30, 2025, against approximately 52.5 million shares of common stock outstanding.