Summary of ClearSign Technologies Corporation Special Meeting Company Overview - **Company**: ClearSign Technologies Corporation - **Ticker**: NasdaqCM:CLIR - **Meeting Date**: February 26, 2026 Key Proposals Discussed 1. **Reverse Stock Split Proposal** - Proposal to amend the certificate of incorporation to effect a reverse stock split of outstanding common stock at a ratio between 1 for 2 and 1 for 10, determined at the discretion of the board of directors [3][9] - Purpose: To comply with Nasdaq listing rules, specifically Nasdaq Listing Rule 5550(a)(2) [10] - The board of directors has the discretion to abandon the reverse stock split if deemed necessary [10] - More than 74% of shares voted in favor of this proposal [14] 2. **Adjournment Proposal** - Proposal to approve the adjournment of the special meeting if necessary to solicit additional proxies for the reverse stock split proposal [3][10] - More than 77% of shares voted in favor of this proposal [14] Meeting Logistics - The meeting was conducted virtually, with stockholders able to vote via proxy or online [2][3] - A quorum was confirmed, allowing the meeting to proceed [7][8] - Stockholders were allowed to submit questions related to the proposals, but unrelated questions were not addressed [4][11] Additional Notes - The meeting was recorded, and audio recording devices were not permitted for attendees [4] - The inspector of the meeting confirmed the presence of a quorum and reported on the voting results [6][14] - The meeting concluded without further business, and the special meeting was adjourned [15]

ClearSign Technologies (NasdaqCM:CLIR) Update / briefing February 24, 2026 05:00 PM ET Company ParticipantsBrent Hinds - CFOJim Deller - CEOMatthew Selinger - Director of Investor RelationsOperatorGreetings. Welcome to the ClearSign Technologies Corporate Update Call. At this time, all participants are in a listen-only mode. I will now turn the conference over to your host, Matthew Selinger, Investor Relations. You may begin.Matthew SelingerGood afternoon. Thank you, operator. Welcome everyone to the ClearS ...

Hosting Call at 5pm ET on Tuesday, February 24th TULSA, OKLAHOMA / ACCESS Newswire / February 18, 2026 / ClearSign Technologies Corporation (Nasdaq:CLIR) ("ClearSign" or the "Company") a leader in advanced combustion and sensing technologies that help industrial operators dramatically reduce emissions, increase efficiency and safety, and support the use of cleaner fuels including hydrogen, announces that on Tuesday, February 24th, 2026, at 5:00 PM ET, the Company will host a conference call to provide a bus ...

Core Insights - DarkIris Inc (NASDAQ:DKI) reported a significant year-over-year revenue increase of 27.3% for FY25, reaching $10.08 million compared to $7.92 million in FY24 [1] - Following the revenue announcement, DarkIris shares surged by 104.2% to $0.68 in pre-market trading [1] Company Performance - The revenue growth of DarkIris indicates strong operational performance and potential market demand for its products or services [1] - The sharp increase in share price reflects positive investor sentiment and confidence in the company's future prospects following the earnings report [1]

Financial Information - ClearSign Technologies Corporation announced preliminary and unaudited financial information for Q4 and fiscal year 2025 on January 7, 2026[6]. - The financial data is subject to change upon completion of the company's financial statement closing procedures, and should not be relied upon excessively[6]. - BPM CPA LLP has not audited or reviewed the preliminary financial data, thus no assurance is provided regarding its accuracy[7]. - The report does not provide specific performance metrics, user data, or future guidance[6]. Regulatory and Compliance - The press release containing the financial information is attached as Exhibit 99.1 to the Current Report on Form 8-K[11]. - The report is not deemed "filed" under the Securities Exchange Act of 1934, nor incorporated by reference in any other filings unless specifically stated[8]. - The company is classified as an emerging growth company under the Securities Act of 1933[5]. Company Information - The company’s principal executive offices are located in Tulsa, Oklahoma[1]. - The report was signed by Colin James Deller, the Chief Executive Officer of ClearSign Technologies Corporation[14]. Product and Market Activity - There are no mentions of new products, technologies, market expansions, or acquisitions in the provided content[6].

Core Viewpoint - ClearSign Technologies (CLIR) has experienced an 8.9% decline in shares over the past week, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1][2]. Technical Analysis - The hammer chart pattern indicates a minor difference between opening and closing prices, with a long lower wick, suggesting that the stock may have found support after a downtrend [4][5]. - This pattern typically signals that bears may have lost control, indicating a potential trend reversal as buying interest emerges [5]. Fundamental Analysis - Recent upward revisions in earnings estimates for CLIR serve as a bullish indicator, correlating strongly with near-term stock price movements [7]. - The consensus EPS estimate for the current year has increased by 14.3% over the last 30 days, reflecting analysts' optimism about the company's earnings potential [8]. - CLIR holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which historically outperform the market [9][10].

Revenue Performance - For Q3 2025, ClearSign Technologies recognized approximately $1 million in revenues, a decrease from approximately $1.9 million in Q3 2024, primarily due to a large order shipped in the prior year[7]. - The year-over-year order volume has increased, with Q3 2025 revenue driven by multiple spare parts orders and engineering services, indicating a successful diversification strategy[8]. - Spare parts sales contributed approximately $300,000 to revenue this quarter, indicating a growing and consistent revenue stream as more equipment is installed[78]. - ClearSign expects to see a proportional increase in spare parts revenue as the installed base of equipment grows, contributing to overall profitability[78]. Financial Performance - The net loss for Q3 2025 increased by approximately $274,000 compared to Q3 2024, but the gross margin improved by approximately 6.1 percentage points year-over-year[9]. - Net cash used in operations for Q3 2025 was approximately $1.8 million, up from $1.4 million in Q3 2024, with cash and cash equivalents at approximately $10.5 million as of September 30, 2025[10]. Product Development and Innovation - The company is developing a new burner technology capable of running on 100% natural gas to 100% hydrogen, with significant testing completed at the Zeeco test facility[20][23]. - The DOE SBIR project for developing a range of burners is nearing completion, with validation of scaling criteria underway to support future product lines[23]. - ClearSign is actively promoting its new burner developed from the SBIR program, which is expected to open new market opportunities and enhance customer engagement[69]. - The company is developing a burner capable of operating on a wide range of fuel mixtures, including 100% hydrogen, which positions it well for future market demands[75]. Market Demand and Customer Engagement - ClearSign has seen an uptick in order flow across major product lines, driven by customer trust and ongoing regulatory pressures in key markets like Texas and California[13]. - Regulatory changes in Texas and California are driving increased interest in ClearSign's products, particularly in the US Gulf Coast refining and petrochemical market[79]. - The company has received a testing order from a petrochemical client for a 100% hydrogen-capable burner, indicating strong interest in future deployment[19]. - ClearSign's focus on product development is aimed at addressing customer needs and expanding into new applications within the process field[69]. Strategic Partnerships and Collaborations - The partnership with Zeeco is progressing well, with extensive testing and fabrication support for ClearSign's burners, leading to increased proposals from Zeeco's sales teams[62]. - ClearSign Technologies is manufacturing 26 burners at Zeeco, with a focus on shipping them by year-end, which is expected to generate over $2 million in revenue[64]. Orders and Contracts - ClearSign Technologies received a new order for engineering services from a super major customer for the retrofit of two process heaters, involving a total of 32 ClearSign Core burners[29]. - The company has also secured an order for 36 ClearSign Core burners from an integrated petroleum producer for installation at the US Gold Coast refinery, emphasizing the importance of NOx emissions in the project[38][40]. - ClearSign has received purchase orders from three out of five to seven global super-majors, indicating strong market penetration[44]. - The M-series product line, particularly the M25 burner, is designed for retrofit applications and has received positive reception, with multiple proposals still in the pipeline[48]. - The company has received its fourth order for a flare system, with potential revenue from this order estimated between $150,000 to $500,000, depending on the components supplied[55]. Marketing and Promotion - ClearSign is leveraging social media for promotion and client engagement, indicating a strategic shift towards enhanced communication[82]. - The company is experiencing increased interest in its products, particularly the M-Series and flare products, which are expected to provide quicker revenue recognition compared to larger process burner orders[68].

Core Insights - Emirates, based in Dubai, will undertake maintenance, repair, and overhaul for the Trent 900 engines on its A380 aircraft starting in 2027, following a memorandum of understanding with Rolls-Royce [1] Company Summary - Emirates has secured a long-term agreement with Rolls-Royce for the maintenance of Trent 900 engines, indicating a strategic partnership aimed at enhancing operational efficiency and reliability for its A380 fleet [1] Industry Summary - The agreement highlights the growing importance of maintenance, repair, and overhaul (MRO) services in the aviation industry, particularly for large aircraft like the A380, as airlines seek to optimize performance and reduce downtime [1]

Financial Data and Key Metrics Changes - For Q3 2025, the company recognized approximately $1 million in revenues, a decrease from approximately $1.9 million in Q3 2024, primarily due to a large order shipped in the prior year [5][6] - The net loss increased by approximately $274,000 compared to the same period in 2024, driven by the decrease in sales volume [7] - Gross margin increased by approximately 6.1 percentage points year-over-year for Q3 2025, reinforcing the long-term strategy to target margins between 40% and 45% [8] - Net cash used in operations for Q3 was approximately $1.8 million, compared to $1.4 million in the same period in 2024 [8] Business Line Data and Key Metrics Changes - Q3 2025 revenue was generated from multiple spare parts orders, a midstream order, a flare order, and engineering services, indicating a diversification strategy adding incremental revenue [6] - The M-series burners are targeted at the gas industry and midstream gas, with significant growth potential in the energy sector, particularly with export LNG [18][19] Market Data and Key Metrics Changes - There has been an uptick in order flow across major product lines, driven by regulatory pressures and increased customer inquiries, particularly in Texas and California [11][12] - The company is seeing increased interest in its products due to ongoing regulatory changes in key markets, which are pushing customers to meet compliance requirements [12][92] Company Strategy and Development Direction - The company aims to expand its market presence by getting more equipment out in the field and building customer trust [11] - The focus is on developing a range of burners capable of operating on various fuel types, including hydrogen, to meet future market demands [88] - The company is also looking to leverage its technology in larger systems projects, moving beyond just burner sales to include comprehensive solutions [62] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the successful completion of significant projects and the potential for further orders [71] - The company anticipates continued traction in orders for the M-series and flare products, which are expected to fill revenue gaps while larger process burner orders are being developed [78] - Management does not foresee headwinds from federal regulatory changes, particularly regarding NOx emissions, and expects ongoing inquiries related to hydrogen capabilities [81][82] Other Important Information - The company has a strong working capital position, with approximately $10.5 million in cash and cash equivalents as of September 30, 2025 [8] - The relationship with Zeeco is strong, with extensive collaboration on testing and burner fabrication [70] Q&A Session Summary Question: What is the outlook for 2026 expected revenues based on the different types of orders? - Management indicated that while process burner orders are larger and take longer to execute, quicker-turn products like the M-series and flare orders will help fill revenue gaps [77][78] Question: Are there new product opportunities under development? - Management confirmed that there is potential for new products, particularly leveraging the technology developed under the SBIR program [80] Question: Is there any risk from federal regulatory changes affecting sales? - Management does not expect headwinds from the EPA regarding NOx emissions and sees ongoing interest in hydrogen capabilities from global clients [81][82] Question: What is the significance of spare parts in revenue? - Spare parts are becoming an increasingly important and consistent revenue stream, expected to grow as more equipment is installed [90][91] Question: What factors are driving increased orders from Texas and the Gulf Coast? - Management noted that while California business remains strong, there is a significant uptick in interest from the Gulf Coast due to regulatory awareness and acceptance in the industry [92]

Financial Data and Key Metrics Changes - For Q3 2025, the company recognized approximately $1 million in revenues, a decrease from approximately $1.9 million in Q3 2024, primarily due to a large order shipped in the prior year [5][6] - The net loss increased by approximately $274,000 compared to the same period in 2024, driven by the decrease in sales volume [6][8] - Gross margin increased by approximately 6.1 percentage points year-over-year for Q3 2025, reinforcing the long-term strategy to target margins between 40% and 45% [7] Business Line Data and Key Metrics Changes - Q3 2025 revenue was generated from multiple spare parts orders, a midstream order, a flare order, and engineering services, indicating a diversification strategy adding incremental revenue [6] - The M-series burners are targeted at the gas industry and midstream gas, with significant growth potential due to ongoing upgrades and compliance needs [18][19] Market Data and Key Metrics Changes - There has been an uptick in order flow across major product lines, driven by regulatory pressures and increased customer inquiries, particularly in Texas and California [11][12] - The company is seeing increased interest in its products due to evolving regulations in key markets, particularly regarding NOx emissions [17][62] Company Strategy and Development Direction - The company aims to expand its market presence by leveraging its technology to meet regulatory requirements and customer needs, particularly in the process burner and flare markets [12][62] - The development of a burner capable of operating on 100% hydrogen is seen as a significant opportunity for future applications, despite current market conditions [91] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the upcoming quarter, highlighting the shipment of 26 burners and ongoing projects that are expected to contribute to revenue [73][75] - The company anticipates that the M-series and flare products will help fill revenue gaps while larger process burner orders are being developed [80][82] Other Important Information - The company has approximately $10.5 million in cash and cash equivalents as of September 30, 2025, positioning it well for future growth [8] - Spare parts sales are expected to become a significant and consistent revenue stream as more equipment is installed [95] Q&A Session Summary Question: What is the impact of different order types on revenue expectations for 2026? - Management noted that process burner orders are larger but take longer to execute, while M-series and flare orders turn more quickly, helping to balance revenue flow [78][80] Question: Are there new product opportunities under development? - Management indicated potential for new products, particularly leveraging the technology developed under the SBIR program, which is versatile for various applications [83] Question: Is there any risk from federal regulatory changes affecting sales? - Management does not foresee significant headwinds from federal regulations, particularly regarding NOx emissions, and believes global interest in hydrogen capabilities will continue [84][92] Question: What is the outlook for spare parts revenue? - Spare parts are expected to grow as more equipment is installed, providing a high-margin revenue stream for the company [95] Question: What factors are driving increased orders from Texas and the Gulf Coast? - Management highlighted acceptance in the industry and upcoming regulatory changes as key factors driving interest in these regions [96]