ClearOne (CLRO)
Supports legacy warranties while pursuing a merger with neurostimulation developer Cortigent.
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Supports warranties and technical service for former conferencing products, collects residual assets, and settles liabilities after selling its operating assets. Its future hinges on a proposed merger with neurostimulation developer Cortigent and continued Nasdaq listing.
Supports warranties and technical service for former audio conferencing, professional microphone, and video/AV networking product lines after selling the related intellectual property, inventory, and customer-data rights to Biamp Systems. It holds limited legacy inventory while collecting receivables, recovering prepaid assets, satisfying liabilities, and maintaining public-company compliance.
Previously sold installed DSP systems, speakerphones, beamforming ceiling arrays, wireless microphones, cameras, and room systems through distributors, integrators, and resellers worldwide. Manufacturing and product sales have ceased, so the residual operation is not expected to produce material revenue.
Executes a proposed acquisition of Cortigent, which develops investigational implanted neurostimulation systems for blindness and stroke recovery. Closing depends on shareholder approvals, an effective registration statement, financing, and continued Nasdaq listing; the target's systems require clinical evidence and FDA approval before commercialization.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $75.0K · Total debt $500.0K · Total assets $990.0K · Shareholders' equity −$381.0K
- Revenue
- $0
- Operating income
- −$919.0K
- Net income
- −$914.0K
Last raised to $0.50 from $1.00 split-adjusted in Apr 2024.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Apr 11, 2024 | Apr 2 | $0.50 | raised from $1.00 split-adjusted | |
| Jun 1, 2023 | May 22 | $1.00 |
| Institutions9 holders · as of Mar 31, 2026 | 4.57% | 122.2K shares | |
| Insiders1 holder · as of Nov 26, 2025 | 5.26% | 140.7K shares | |
| Strategic holders1 holder · as of Mar 6, 2026 | 61.34% | 1.64M shares | |
| Otherremainder | 28.83% | 771.4K shares |
2.68M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
First Finance Ltd.Strategic10 percent owner | 61.34% | 1.64M | Form 4filed Mar 6, 2026 ↗ |
Edward D. BagleyInsider10 percent owner | 5.26% | 140,668 | Form 4filed Nov 26, 2025 ↗ |
Shay Capital LLCInstitution | 2.08% | 55,600 | 13Fas of Mar 31, 2026 |
T3 Companies, LLCInstitution | 1.12% | 30,000 | 13Fas of Mar 31, 2026 |
Albion Financial Group /UTInstitution | 0.54% | 14,465 | 13Fas of Mar 31, 2026 |
| See all 22 → | |||
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 2, 2026 | First Finance Ltd. | 10 percent owner | +875,000 | $4.50 |
| Nov 24, 2025 | Edward D. Bagley | 10 percent owner | −700,000 | $3.00 |
- HP
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Webex room systems bundle cameras, microphones, and video conferencing.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| ClearOne | $5.10 | −2.30% | $13.6M | — | — | — | — |
| HP | $31.85 | −0.38% | $29.26B | 12.2 | 10.7 | 0.5 | +12.5% |
| Cisco Systems | $108.89 | −0.52% | $431.41B | 32.9 | 21.4 | 6.8 | +17.6% |
| Median | 22.5 | 16.1 | 3.7 | +15.1% |