4.60
-8.18%
Close of 9 Nov 2026, in USD
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About Clearone
From its filings with the US Securities and Exchange Commission
Clearone is based in West Jordan, Utah and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker CLRO. The SEC classifies its business as telephone & telegraph apparatus. In the fiscal year to 31 December 2025, it reported revenue of $0 and a net loss of $26.1m. At that date it held total assets of $2.3m and shareholders' equity of −$714,000.
All share and per-share amounts presented in this report (current and historical) have been adjusted to reflect the 15-for-1 reverse stock split effected in June 2025.
Following the Asset Sale, the Company no longer manufactures or sells products and maintains a limited inventory and provides customer support services to satisfy warranty claims. Its continuing activities consist solely of (i) fulfilling warranty and technical support obligations on legacy products in accordance with published policies, (ii) managing and liquidating remaining assets of the Company's legacy operating business, (iii) evaluating potential strategic transactions; (iv) collecting accounts receivable and recovering prepaid assets, (v) satisfying outstanding liabilities, and (vi) maintaining public-company compliance. These activities are transitional in nature and are not expected to generate material revenue.
The Company is actively evaluating strategic alternatives intended to enhance stockholder value. These alternatives may include without limitation one or more special transactions, an investment in, or an acquisition of a private operating company, additional asset sales, or other actions that maximize value for stockholders. The closing of the Asset Sale on October 24, 2025 triggered the mandatory redemption of all outstanding shares of the Company’s Class A Redeemable Preferred Stock. The Company currently estimates the final redemption amount will be approximately $50 after permitted expenses and net asset recoveries.
Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Communications Equipment
- Listed since
- 3 Mar 1989
- Employees
- 127
- Website
- clearone.com ↗
- Head office
- 7533 S CENTER VIEW CT #5311, WEST JORDAN, UT, 84084
- Incorporated in
- DE
- Classification
- Telephone & Telegraph Apparatus
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Eric RobinsonIndependent Chairman of the Board$70,200
- Mr. Derek GrahamChief Executive Officer$283,053
- Mr. Simon BrewerChief Financial Officer$234,406
- Mr. Eric BoehnkeDirector
- Ms. Lisa HigleyDirector$58,500
- Ms. Youngsun ParkDirector
- Mr. Larry HendricksIndependent Director$36,400
- Mr. Bruce WhaleyIndependent Director$36,400
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- ClearOne designs conferencing solutions for voice and visual communications.
- The firm employs 127 full-time employees in the US.
- Products include CONVERGE Pro, INTERACT, and MAX for users.
Weaknesses
- The company relies on independent distributors for commercial sales.
- ClearOne targets small businesses and individual consumers primarily.
- Sales channels involve dealers and systems integrators indirectly.
Opportunities
- Higher education institutions represent a key target segment.
- Government organizations are potential end users for solutions.
- Large businesses require mid-tier professional products for use.
Threats
- Independent distributors control the primary sales network for products.
- Systems integrators influence the final reseller market significantly.
- Dealer networks determine the reach of commercial offerings.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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