ClearSign Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	10.49	14.04	5.68	6.45	7.61	8.82
Short-Term Investments	-	-	-	2.61	-	-
Cash & Short-Term Investments	10.49	14.04	5.68	9.06	7.61	8.82
Cash Growth	-27.60%	146.92%	-37.24%	19.06%	-13.79%	3.18%
Receivables	0.84	0.36	0.48	0.1	0.07	0.09
Prepaid Expenses	0.42	0.45	0.35	0.58	0.35	0.47
Total Current Assets	11.75	14.85	6.51	9.73	8.02	9.38
Property, Plant & Equipment	0.22	0.24	0.28	0.38	0.53	0.43
Other Intangible Assets	0.78	0.83	0.84	0.8	0.8	1.3
Other Long-Term Assets	-	-	-	0.01	0.01	0.01
Total Assets	12.75	15.92	7.62	10.93	9.36	11.12
Accounts Payable	1.62	0.75	0.26	0.29	0.22	0.34
Accrued Expenses	0.35	0.67	0.7	0.47	0.22	0.38
Current Portion of Leases	0.09	0.08	0.07	0.13	0.21	0.17
Current Unearned Revenue	1.15	0.07	1.12	0.25	0.08	0.09
Other Current Liabilities	0.36	0.47	0.11	0.01	-	0.1
Total Current Liabilities	3.58	2.04	2.26	1.15	0.73	1.08
Long-Term Debt	-	-	-	-	-	0.25
Long-Term Leases	0.09	0.11	0.17	0.23	0.35	0.25
Total Liabilities	3.67	2.15	2.43	1.37	1.08	1.58
Common Stock	0.01	0.01	0	0	0	0
Additional Paid-In Capital	113.29	112.8	98.92	98.08	91.04	84.41
Retained Earnings	-104.2	-99.02	-93.72	-88.52	-82.77	-74.87
Comprehensive Income & Other	-0.02	-0.02	-0.02	-0.01	0.01	-
Total Common Equity	9.08	13.76	5.19	9.55	8.28	9.54
Minority Interest	-	-	-	-	-	0
Shareholders' Equity	9.08	13.76	5.19	9.55	8.28	9.54
Total Liabilities & Equity	12.75	15.92	7.62	10.93	9.36	11.12
Total Debt	0.19	0.19	0.24	0.36	0.56	0.67
Net Cash (Debt)	10.3	13.85	5.44	8.7	7.05	8.16
Net Cash Growth	-27.83%	154.49%	-37.45%	23.34%	-13.53%	2.49%
Net Cash Per Share	0.19	0.28	0.14	0.25	0.23	0.29
Filing Date Shares Outstanding	53.27	52.42	39.04	38.54	32.15	30.9
Total Common Shares Outstanding	52.52	50.29	38.69	38.02	31.58	30.08
Working Capital	8.17	12.81	4.25	8.59	7.29	8.3
Book Value Per Share	0.17	0.27	0.13	0.25	0.26	0.32
Tangible Book Value	8.3	12.93	4.36	8.75	7.48	8.24
Tangible Book Value Per Share	0.16	0.26	0.11	0.23	0.24	0.27
Machinery	0.1	0.1	0.06	0.57	0.94	0.9
Construction In Progress	-	-	-	-	-	0.01
Leasehold Improvements	0.04	0.04	0.04	0.19	0.19	0.15

Source: S&P Global Market Intelligence. Standard template. Financial Sources.