--- title: "Clearone | 10-Q: FY2026 Q1 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/286632706.md" datetime: "2026-05-16T04:13:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286632706.md) - [en](https://longbridge.com/en/news/286632706.md) - [zh-HK](https://longbridge.com/zh-HK/news/286632706.md) --- # Clearone | 10-Q: FY2026 Q1 Revenue: USD 0 Revenue: As of FY2026 Q1, the actual value is USD 0. EPS: As of FY2026 Q1, the actual value is USD -0.18. EBIT: As of FY2026 Q1, the actual value is USD -850 K. #### Continuing Operations - **Revenue**: ClearOne, Inc. recognized no revenue from continuing operations for the three months ended March 31, 2026, or the comparable period in 2025. - **Cost of Goods Sold**: Increased to $70 thousand in Q1 2026 from $27 thousand in Q1 2025, reflecting warranty-related parts and labor and immaterial service inventory usage. - **Gross Profit (Loss)**: Resulted in a gross loss of - $70 thousand in Q1 2026, compared to a gross loss of - $27 thousand in Q1 2025. - **Operating Expenses**: Total operating expenses were $780 thousand in Q1 2026, a slight decrease from $799 thousand in Q1 2025. - **General and Administrative (G&A)**: Decreased to $780 thousand in Q1 2026 from $799 thousand in Q1 2025. - **Sales and Marketing (S&M)** and **Research and Product Development (R&D)**: Remained immaterial at $0 thousand for both periods. - **Operating Loss**: Increased slightly to - $850 thousand in Q1 2026 from - $826 thousand in Q1 2025. - **Other Income, net**: Was $0 thousand in Q1 2026, down from $12 thousand in Q1 2025. - **Net Loss from Continuing Operations**: Increased to - $850 thousand in Q1 2026 from - $814 thousand in Q1 2025. - **Cash Flow from Operating Activities**: Net cash used in continuing operations was - $680 thousand in Q1 2026, a significant improvement from - $2,644 thousand in Q1 2025 due to the absence of operating activities following the Asset Sale. - **Cash Flow from Investing Activities**: Remained $0 thousand for both Q1 2026 and Q1 2025. - **Cash Flow from Financing Activities**: Net cash provided was $1,728 thousand in Q1 2026, compared to $1,000 thousand in Q1 2025, both primarily from common stock sales. #### Discontinued Operations - **Revenue**: Declined to $0 thousand in Q1 2026 from $2,313 thousand in Q1 2025, reflecting the completion of the Asset Sale in October 2025. - **Revenue by Product Group (Q1 2025)**: Audio conferencing was $953 thousand, Microphones $1,118 thousand, and Video products $242 thousand. - **Revenue by Region (Q1 2025)**: North and South America accounted for $960 thousand, Asia Pacific $1,188 thousand, and Europe and Africa $165 thousand. - **Cost of Goods Sold**: Decreased to $88 thousand in Q1 2026 from $2,165 thousand in Q1 2025. - **Gross Profit (Loss)**: Swung to a gross loss of - $88 thousand in Q1 2026 from a gross profit of $148 thousand in Q1 2025. - **Operating Expenses**: Total operating expenses were $264 thousand in Q1 2026, down from $2,168 thousand in Q1 2025. - **Sales and Marketing (S&M)**: Decreased to $33 thousand in Q1 2026 from $1,116 thousand in Q1 2025. - **Research and Product Development (R&D)**: Decreased to $9 thousand in Q1 2026 from $691 thousand in Q1 2025. - **General and Administrative (G&A)**: Decreased to $222 thousand in Q1 2026 from $361 thousand in Q1 2025. - **Other Expenses**: Totaled $78 thousand in Q1 2026, related to closure of foreign subsidiaries, compared to $0 in Q1 2025. - **Income (Loss) from Discontinued Operations, net of tax**: Was $363 thousand in Q1 2026, a significant improvement from a loss of - $2,020 thousand in Q1 2025, primarily due to a one-time income tax benefit of $793 thousand. - **Cash provided by (used in) operating activities**: Was - $733 thousand in Q1 2026, compared to $1,212 thousand provided in Q1 2025. - **Cash used in investing activities**: Was $0 thousand in Q1 2026, compared to - $18 thousand in Q1 2025. - **Cash provided by financing activities**: Was $0 thousand in Q1 2026, compared to $7 thousand in Q1 2025. #### Overall Financials - **Net Loss**: Total net loss was - $487 thousand in Q1 2026, a substantial improvement from - $2,834 thousand in Q1 2025. - **Comprehensive Loss**: Total comprehensive loss was - $497 thousand in Q1 2026, compared to - $2,847 thousand in Q1 2025. - **Cash and Cash Equivalents**: Increased to $756 thousand as of March 31, 2026, from $220 thousand as of December 31, 2025. - **Total Assets**: Decreased to $2,017 thousand as of March 31, 2026, from $2,299 thousand as of December 31, 2025. - **Total Liabilities**: Decreased significantly to $1,485 thousand as of March 31, 2026, from $3,013 thousand as of December 31, 2025. - **Total Shareholders’ Equity**: Improved to $532 thousand as of March 31, 2026, from - $714 thousand as of December 31, 2025. - **Operating Lease Obligations**: Totaled $360 thousand as of March 31, 2026, with $185 thousand due in less than one year and $175 thousand due in 1-3 years. #### Future Outlook and Strategy ClearOne, Inc.’s continuing operations are limited to warranty support, public-company compliance, and collecting receivables, with no expectation of material revenue in the foreseeable future. Management is focused on preserving liquidity and pursuing strategic alternatives, such as a potential reverse merger, to maximize stockholder value. The company faces substantial doubt about its ability to continue as a going concern due to incurred net losses and negative cash flows from operations. ### Related Stocks - [CLRO.US](https://longbridge.com/en/quote/CLRO.US.md) ## Related News & Research - [AMSC to Report Fourth Quarter and Fiscal Year 2025 Financial Results on May 27, 2026 | AMSC Stock News](https://longbridge.com/en/news/287271223.md) - [Advance Auto Parts Reports First Quarter 2026 Results; Reaffirms Full Year 2026 Guidance | AAP Stock News](https://longbridge.com/en/news/287202242.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Halliburton declares 2026 Q2 dividend of $0.17 a share](https://longbridge.com/en/news/287276574.md)