ClearSign Technologies Corporation (NASDAQ:CLIR) Q2 2023 Earnings Call Transcript August 31, 2023 5:00 PM ET

Company Participants

Matthew Selinger - Investor Relations

Brent Hinds - Vice President, Finance, Controller

Jim Deller - President, Chief Executive Officer

Conference Call Participants

Sameer Joshi - H.C. Wainwright

Robert Kecseg - Las Colinas

Operator

Good day, and welcome to the ClearSign Technologies Second Quarter 2023 Conference Call. [Operator Instructions]. Please note, this event is being recorded.

I would now like to turn the conference over to Matthew Selinger of Firm IR Group. Please go ahead.

Matthew Selinger

Good afternoon, and thank you, operator. Welcome, everyone, to the ClearSign Technologies Corporation Second Quarter 2023 Results Conference Call. During this conference call, the company will make forward-looking statements. Any statement that is not a statement of historical fact is a forward-looking statement. This includes remarks about the company's projections, expectations, plans, beliefs, and prospects. These statements are based on judgments and analysis as of the date of this conference call and are subject to numerous important risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

The risks and uncertainties associated with the forward-looking statements made in this conference call include, but are not limited to, whether field testing and sales of ClearSign products will be successfully completed, whether ClearSign will be successful in expanding the market for its products and other risks that are described in Farzan's public periodic filings with the SEC, including the discussion in the Risk Factors section of the 2022 annual report on Form 10-K and the quarterly report on Form 10-Q for the quarterly period ended June 30, 2023. Except as required by law, ClearSign assumes no responsibility to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so.

So, with me on the call today are Jim Deller, Chief Executive Officer; and Brent Hinds, ClearSign's Chief Financial Officer. So, at this point, I would like to turn the call over to CFO, Brent Hinds. Brent, please go ahead.

Brent Hinds

Thank you, Matthew, and thank you to everyone joining us here today. Before I begin, I'd like to note that our financial results on Form 10-Q were filed with the SEC on August 14. Now I'd like to give an overview of the financials for the second quarter of 2023. The company recognized revenues of $150,000 during the three months ended June 30, 2023, as compared to zero revenues for the same period in 2022.