ClearSign Technologies Q1 2025: Diverging Narratives on Zeeco Partnership, Tariff Effects, and Revenue Growth

Zeeco collaboration and global reach, tariff impact on business operations, sales and revenue growth trajectory, expectations and progress regarding the Zeeco partnership, Zeeco integration and sales incentives are the key contradictions discussed in ClearSign Technologies Corporation's latest 2025Q1 earnings call.



Revenue Decline and Process Burner Shipments:
- ClearSign Technologies reported revenues of $400,000 for Q1 2025, a significant decrease from $1.1 million in the same period last year.
- The decline was primarily due to a decrease in process burner shipments, as compared to last year's shipment of multiple burners to a California refinery.

Impact of Legal Fees on Net Loss:
- The company's net loss for Q1 2025 increased by approximately $1 million compared to the same quarter in 2024.
- A significant factor contributing to this increase was $581,000 in legal fees, which included $131,000 related to a regulatory inquiry by the SEC and $450,000 for work performed for a board special committee on director nominations.

Sales and Marketing Agreement with Zeeco:
- ClearSign entered into a sales and marketing agreement with Zeeco in December, with co-branding launched in March.
- The agreement aims to leverage Zeeco's sales team and presence, with expectations to see the first inquiries from Zeeco sales leads and enhanced product visibility.

Growth in Proposal Volume:
- The number of proposals provided year-to-date has doubled compared to the same period last year, with the total value of proposals being nearly 5 times higher.
- This increase reflects strong interest in ClearSign's products, with proposals emanating from major refineries and expansion projects, indicating a potential increase in orders.