ClearSign Technologies Corporation provided earnings guidance for the fourth quarter and fiscal year ended December 31, 2023. For the quarter, the company preliminary Revenue was approximately $1.2 million, compared to $50,000 for the comparable period in 2022.

For the year ended December 31, 2023, the company estimated preliminary revenue was $2.3 million, compared to $374,000 for the year ended December 31, 2022. Additionally, the Company reported a net loss of approximately $5.8 million for the year ended 2022, and estimates that the preliminary net loss for the year ended December 31, 2023 will range between $5.4 to $5.1 million.