Clearsign Comb (CLIR) Reports Q1 Loss of $0.14/Share

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ClearSign Combustion Corporation Announces Q1 Results

May 14, 2015 4:15 PM EDT

SEATTLE, May 14, 2015 /PRNewswire/ -- ClearSign Combustion Corporation (NASDAQ: CLIR) today announced its results for the quarter ended March 31, 2015. As a result of its ongoing research and development progress, the Company incurred losses of $1,538,000 in the quarter ended March 31, 2015 as compared to losses of $1,646,000 for the same period in 2014. Research and development costs totaled $573,000 in the quarter ended March 31, 2015 as compared to $607,000 for the same period in 2014 reflecting decreased consulting activities in 2015. General and administrative costs totaled $1,019,000 in the quarter ended... More