ClearSign Technologies reported second quarter 2026 revenues of approximately $560,000, up from $133,000 in the prior year period, driven by flare system deliveries and spare parts orders. The company posted a net loss that decreased by $373,000 year-over-year due to reduced legal fees. Cash and cash equivalents stood at approximately $9.9 million as of June 30, 2026, with pro forma liquidity reaching $11.6 million after a subsequent private equity raise of $1.7 million in July 2026. Operational highlights include the appointment of Larry Saddler to the Board of Directors and significant order wins for M Series burners in West Texas, including three units scheduled for Q3 delivery and four more for Q4. The company also received an order for testing a flat-flame burner for a California refinery retrofit project. ClearSign Technologies designs and develops combustion and sensing technologies for industrial decarbonization and efficiency.
