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CLEARONE (CLRO)

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Earnings summaries and quarterly performance for CLEARONE.

Recent press releases and 8-K filings for CLRO.

ClearOne Announces New CEO and CFO Appointments and Shareholder Approvals
CLRO
CEO Change
CFO Change
Executive Compensation
  • ClearOne, Inc. (CLRO) announced the appointment of Derek L. Graham as Chief Executive Officer, effective January 2, 2026, with a monthly base salary of $12,500 and eligibility for a $15,000 retention bonus.
  • Simon Brewer was appointed as Chief Financial Officer, effective January 1, 2026, with an annual base salary of $300,000, a $75,000 sign-on bonus, and eligibility for a $60,000 retention bonus upon completion of a strategic transaction.
  • These appointments followed the termination of their previous at-will employment effective December 31, 2025, and simultaneous entry into new employment agreements on December 23, 2025.
  • At the annual meeting held on December 29, 2025, shareholders re-elected all five directors and approved the compensation of the company's named executive officers.
Dec 30, 2025, 10:00 PM
ClearOne Completes Asset Sale to Biamp Systems
CLRO
M&A
New Projects/Investments
Demand Weakening
  • ClearOne completed an asset sale to Biamp Systems on October 24, transferring intellectual property, product inventories, and customer data, while retaining its public company status and product support obligations.
  • This transaction is part of a strategic plan to eventually sell most or all of its operations, with the goal of maximizing shareholder value and pivoting towards new business opportunities.
  • Despite facing financial challenges, including a 35% revenue decline and negative EBITDA, ClearOne maintains a healthy liquidity position with a current ratio of 2.25.
Oct 27, 2025, 1:59 PM