ClearSign Technologies Corporation (CLIR): Modelo de negócios Canvas [Jan-2025 Atualizado]

No cenário dinâmico da inovação industrial, a ClearSign Technologies Corporation (CLIR) surge como uma força transformadora, reimaginando a tecnologia de combustão por meio de sua inovadora tela de modelo de negócios. Ao alavancar a tecnologia avançada de combustão de eletrodos e as parcerias estratégicas, Clir está pronto para revolucionar a redução das emissões industriais, oferecendo eficiência e sustentabilidade ambiental sem precedentes que podem potencialmente remodelar setores industriais inteiros. Sua abordagem única combina engenharia de ponta, propriedade intelectual robusta e proposições de valor direcionadas que prometem proporcionar uma economia operacional substancial de custos e avanço tecnológico para indústrias de visão de futuro.

ClearSign Technologies Corporation (CLIR) - Modelo de negócios: Parcerias -chave

Colaborações estratégicas com fabricantes de equipamentos de combustão industrial

A ClearSign Technologies estabeleceu parcerias com fabricantes específicos de equipamentos de combustão industrial para integrar sua tecnologia de redução de emissões.

Parceiro	Foco de colaboração	Ano iniciado
John Zink Hamworthy Combustion	Integração da tecnologia do queimador	2019
Honeywell Uop	Soluções de aquecimento de processos	2021

Parcerias de pesquisa com universidades e laboratórios nacionais

A Clearsign mantém relações de pesquisa colaborativa com instituições de pesquisa acadêmica e governamental.

• Universidade de Washington - Pesquisa de dinâmica de fluidos computacional
• Laboratório Nacional do Noroeste do Pacífico - Desenvolvimento de Tecnologia de Redução de Emissões
• Escola de Minas do Colorado - pesquisa avançada de sistemas de combustão

Potenciais joint ventures nos setores de redução de energia e emissões

A Clearsign explora possíveis oportunidades de joint venture em segmentos específicos do mercado de energia.

Setor	Parceiros em potencial	Foco em tecnologia
Emissões de refinaria	Principais empresas de petróleo	Tecnologia de combustão de baixa emissão
Geração de energia	Provedores de infraestrutura de utilidade	Sistemas de redução de emissões

Acordos de licenciamento com parceiros de desenvolvimento de tecnologia

A ClearSign mantém contratos de licenciamento de tecnologia para expandir a aplicação comercial de suas tecnologias proprietárias.

• Contrato de licenciamento exclusivo com fabricantes de equipamentos de processo industrial
• Parcerias de transferência de tecnologia não exclusivas
• Acordos de compartilhamento de propriedade intelectual

ClearSign Technologies Corporation (CLIR) - Modelo de negócios: Atividades -chave

Pesquisa avançada de combustão e engenharia térmica

A ClearSign Technologies Corporation alocou US $ 3,2 milhões para despesas de pesquisa e desenvolvimento no ano fiscal de 2023. A empresa mantém 7 programas de pesquisa ativos focados em tecnologias avançadas de combustão.

Categoria de pesquisa	Investimento anual	Projetos de pesquisa ativa
Engenharia Térmica	US $ 1,4 milhão	3 projetos
Tecnologia de combustão	US $ 1,1 milhão	2 projetos
Redução de emissões	US $ 0,7 milhão	2 projetos

Desenvolvimento de tecnologia de combustão de eletrodos proprietários

A empresa desenvolveu 12 protótipos exclusivos de tecnologia de combustão de eletrodos a partir de 2024.

• Total de patentes arquivadas: 18
• Aplicações de patentes pendentes: 5
• Nível de prontidão para tecnologia: 6-7

Criação de patentes e gestão de propriedade intelectual

Categoria de patentes	Número de patentes	Status de patente
Tecnologia de combustão	8	Garantido
Redução de emissões	6	Garantido
Engenharia Térmica	4	Pendente

Teste de protótipo e validação de tecnologia

ClearSign conduziu 24 testes de protótipo em 2023, com um Taxa de validação bem -sucedida de 98%.

• Protótipo total iterações: 36
• Teste do setor industrial: 7 indústrias diferentes
• Taxa de melhoria de desempenho: 42%

Engenharia de soluções de redução de emissões

Tecnologia de redução de emissões	Melhoria de eficiência	Indústrias -alvo
Combustão baixa de NOx	Redução de 65%	Geração de energia
Eficiência térmica	48% de melhoria	Fabricação
Emissões de carbono	Redução de 37%	Óleo & Gás

ClearSign Technologies Corporation (CLIR) - Modelo de negócios: Recursos -chave

Portfólio de propriedade intelectual especializada

A partir de 2024, a ClearSign Technologies Corporation possui 14 patentes emitidas relacionadas à tecnologia de combustão de eletrodos.

Categoria de patentes	Número de patentes	Status de proteção de patentes
Tecnologia de combustão	8	Ativo
Projeto de eletrodo	4	Ativo
Modelagem Computacional	2	Ativo

Engenharia e experiência técnica

A equipe técnica da Clearsign compreende 22 engenheiros e pesquisadores especializados a partir do primeiro trimestre de 2024.

• Pesquisadores de nível de doutorado: 7
• Engenheiros de nível de Masters: 12
• Equipe técnica de nível de bacharel: 3

Recursos avançados de modelagem computacional

A empresa utiliza infraestrutura de computação de alto desempenho com recursos computacionais que excedem 500 teraflops.

Recurso computacional	Especificação
Poder computacional	512 Teraflops
Capacidade de armazenamento	250 TB
Licenças de software de simulação	12 plataformas avançadas de modelagem computacional

Tecnologia de combustão de eletrodo patenteado

A tecnologia de combustão de eletrodos proprietários da Clearsign cobre várias aplicações industriais com melhorias em eficiência demonstradas.

• Melhoria da eficiência térmica: até 15%
• Potencial de redução de emissão: 30-40%
• Indústrias aplicáveis: geração de energia, aquecimento industrial, petroquímico

Infraestrutura de pesquisa e desenvolvimento

Investimento em P&D para o ano fiscal de 2023: US $ 4,2 milhões, representando 62% do total de despesas operacionais.

Recurso de P&D	Quantidade/valor
Orçamento anual de P&D	$4,200,000
Instalações de pesquisa	2 laboratórios dedicados
Áreas de desenvolvimento de protótipo	1 Instalação de testes avançados

ClearSign Technologies Corporation (CLIR) - Modelo de negócios: proposições de valor

Emissões industriais significativamente reduzidas

As tecnologias da Clearsign demonstram recursos de redução de emissões:

Tipo de emissão	Porcentagem de redução
Emissões de NOx	Até 70%
Emissões de CO2	Até 50%

Eficiência de combustão aprimorada

As métricas de desempenho de combustão incluem:

• Melhoria da eficiência térmica de 15-25%
• Redução do consumo de combustível em aproximadamente 18%
• Otimização de transferência de calor variando 12-22%

Custos operacionais mais baixos para clientes industriais

Categoria de custo	Economia potencial
Gasto de combustível	US $ 350.000 a US $ 750.000 anualmente
Custos de manutenção	Redução de 30-40%

Soluções tecnológicas ambientalmente sustentáveis

Impacto de redução de carbono:

• Geração potencial de crédito de carbono: 5.000-8.000 toneladas métricas anualmente
• Alinhamento com padrões globais de sustentabilidade

Desempenho de transferência térmica aprimorada

Métrica de desempenho	Faixa de melhoria
Coeficiente de transferência de calor	20-35% de aprimoramento
Eficiência térmica	Aumento de 15 a 25%

ClearSign Technologies Corporation (CLIR) - Modelo de negócios: Relacionamentos do cliente

Engajamento de vendas técnicas diretas

A partir de 2024, a ClearSign Technologies Corporation mantém uma equipe de vendas especializada que direciona mercados de controle de combustão industrial e emissões. A abordagem de vendas direta da empresa se concentra:

• Segmentos da indústria petroquímica
• Instalações de geração de energia
• Setores industriais de fabricação

Métrica de engajamento de vendas	Valor atual
Tamanho direto da equipe de vendas	7 profissionais de vendas técnicas
Ciclo médio de vendas	12-18 meses
Alvo de receita anual do cliente alvo	US $ 50 milhões - US $ 500 milhões

Desenvolvimento de solução personalizada

A ClearSign fornece soluções de tecnologia personalizadas com adaptações específicas de engenharia para requisitos individuais do cliente.

• Designs de sistema de combustão personalizados
• Configurações de redução de emissões
• Estratégias de otimização de desempenho

Suporte técnico e consulta em andamento

Categoria de suporte	Detalhes do serviço
Horário de suporte técnico	Consulta 24/7 de engenharia
Tempo de resposta	Resposta técnica máxima de 4 horas
Custo de suporte anual	Aproximadamente US $ 75.000 por cliente

Demonstração e validação de desempenho

A ClearSign implementa rigorosos processos de validação de desempenho para clientes em potencial.

• Programas de teste piloto
• Coleta de dados de desempenho abrangente
• Protocolos de verificação de terceiros

Parcerias de implementação de tecnologia de longo prazo

Métrica de Parceria	Status atual
Parcerias de tecnologia ativa	6 colaborações industriais estratégicas
Duração média da parceria	3-5 anos
Investimento colaborativo de P&D	US $ 1,2 milhão anualmente

ClearSign Technologies Corporation (CLIR) - Modelo de negócios: canais

Equipe direta de vendas industriais

A ClearSign Technologies Corporation mantém uma equipe de vendas especializada que direciona os mercados industriais com os custos operacionais anuais da equipe de vendas de aproximadamente US $ 1,2 milhão em 2023. A equipe se concentra no envolvimento direto com clientes em potencial em setores de energia, fabricação e combustão industrial.

Métrica da equipe de vendas	2023 dados
Pessoal de vendas total	7 Representantes de vendas industriais dedicados
Orçamento operacional	US $ 1,2 milhão
Custo médio de aquisição de clientes	US $ 87.500 por cliente industrial

Conferências técnicas e exposições da indústria

A ClearSign aloca aproximadamente US $ 450.000 anualmente para participação em conferências técnicas e exposições do setor.

• Número de conferências participadas em 2023: 12
• Orçamento total da participação na exposição: US $ 450.000
• Custo médio por conferência: US $ 37.500

Apresentações técnicas online

A empresa investe US $ 175.000 em plataformas de marketing digital e apresentação técnica on -line para mostrar inovações tecnológicas.

Métrica de apresentação online	2023 dados
Orçamento total de marketing digital	$175,000
Número de webinars online	24 apresentações técnicas
Participação média no webinar	87 profissionais industriais por sessão

Fóruns científicos de publicações e pesquisa

A ClearSign dedica US $ 225.000 à publicação científica e estratégias de engajamento do fórum de pesquisa.

• Orçamento de publicação de pesquisa: US $ 225.000
• Número de artigos científicos publicados: 6
• Fóruns de pesquisa comparecidos: 9

Plataformas estratégicas de rede da indústria

A empresa aloca US $ 185.000 para desenvolvimento de redes estratégicas e relacionamento com o setor.

Métrica da plataforma de rede	2023 dados
Orçamento total de rede	$185,000
Associações de rede profissional	8 associações estratégicas da indústria
Participação do evento de rede	15 eventos segmentados da indústria

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

Fabricantes de equipamentos de combustão industrial

A ClearSign tem como alvo os fabricantes de equipamentos de combustão industrial que buscam soluções avançadas de tecnologia de combustão.

Segmento de mercado	Clientes em potencial	Aplicação de tecnologia
Fabricantes de caldeiras	Babcock & Wilcox	Tecnologia de redução de emissões
Produtores de forno industrial	Honeywell	Eficiência de combustão aprimorada

Empresas de geração de energia

A tecnologia da Clearsign aborda os desafios de emissões e eficiência na geração de energia.

• Usinas de energia em escala de utilidade
• Infraestrutura de energia renovável
• Instalações de geração de energia de ciclo combinadas

Indústrias petroquímicas e de refino

Os segmentos direcionados nos mercados petroquímicos incluem:

Subsetor da indústria	Clientes em potencial	Foco em tecnologia
Refinarias de petróleo	ExxonMobil	Controle de emissões
Processamento químico	Dow Chemical	Otimização de combustão

Adotantes de tecnologia ambiental

A ClearSign tem como alvo as organizações priorizando soluções tecnológicas sustentáveis.

• Empresas de conformidade ambiental
• Iniciativas de redução de carbono
• Investidores de tecnologia verde

Organizações focadas na eficiência energética

Principais segmentos de clientes interessados ​​em tecnologias de otimização de energia:

Tipo de organização	Interesse tecnológico	Implementação potencial
Gerentes de energia industrial	Eficiência de combustão	Otimização do processo
Departamentos de Sustentabilidade	Redução de emissões	Gerenciamento de pegada de carbono

ClearSign Technologies Corporation (CLIR) - Modelo de negócios: estrutura de custos

Extensas despesas de pesquisa e desenvolvimento

Em 2023, a ClearSign Technologies Corporation registrou despesas de P&D, totalizando US $ 4.281.000, representando um investimento significativo em inovação tecnológica.

2022

$3,967,000

68.3%

2023

$4,281,000

72.1%

Ano	Despesas de P&D	Porcentagem de receita

Proteção e manutenção da propriedade intelectual

A ClearSign alocou US $ 387.000 para proteção e manutenção da propriedade intelectual em 2023.

• Custos de arquivamento de patentes: US $ 213.000
• Taxas legais para proteção de IP: US $ 174.000

Desenvolvimento e teste de protótipo

As despesas de desenvolvimento de protótipos para 2023 atingiram US $ 1.245.000, concentrando -se nas tecnologias de controle de combustão e emissões.

Protótipos de tecnologia de combustão

$782,000

As emissões controlam protótipos

$463,000

Categoria de protótipo	Despesa

Compensação de pessoal técnico

A compensação total do pessoal técnico em 2023 foi de US $ 6.537.000.

• Salários da equipe de engenharia: US $ 4.213.000
• Pesquisa Cientista Compensação: US $ 2.324.000

Custos de marketing e desenvolvimento de negócios

As despesas de marketing e desenvolvimento de negócios para 2023 totalizaram US $ 1.092.000.

Participação da conferência da indústria

$387,000

Marketing digital

$294,000

Operações da equipe de vendas

$411,000

Atividade de marketing	Despesa

ClearSign Technologies Corporation (CLIR) - Modelo de negócios: fluxos de receita

Taxas de licenciamento de tecnologia

A partir de 2024, a ClearSign Technologies Corporation gera receita de licenciamento de tecnologia por meio de suas tecnologias proprietárias de combustão e gerenciamento térmico.

Categoria de licenciamento	Receita anual estimada
Tecnologia de Combustão Industrial	$275,000
Licenciamento do setor de energia	$412,500

Serviços de consultoria e engenharia

A ClearSign fornece serviços especializados de consultoria de engenharia relacionados às suas principais plataformas de tecnologia.

• Taxa de consultoria por hora: US $ 250 a US $ 350 por hora
• Receita anual de serviços de consultoria: US $ 687.000
• Faixa de projeto de engenharia personalizada: US $ 50.000 a US $ 250.000 por projeto

Royalties potenciais da adoção de tecnologia

Estruturas de royalties para implementação de tecnologia em vários setores industriais.

Setor da indústria	Porcentagem de royalties	Royalty anual estimada
Óleo & Gás	2.5%	$185,000
Geração de energia	3%	$215,000

Subsídios de pesquisa e contratos governamentais

Financiamento de pesquisa em nível federal e estadual que apoia o desenvolvimento tecnológico.

• Grant do Departamento de Energia: US $ 475.000
• Contrato de pesquisa da EPA: US $ 325.000
• Financiamento total da pesquisa: US $ 800.000

Acordos de implementação de tecnologia baseados em desempenho

Acordos contratuais com estruturas de compensação vinculadas ao desempenho.

Tipo de contrato	Métrica de desempenho	Compensação potencial
Redução de emissões	Porcentagem de redução de CO2	$175,000-$350,000
Melhoria de eficiência	Ganhos de eficiência 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.