CLEARONE INC (CLRO) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 1489.91% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
2.8M
Potential Supply
0
Additional shares possible
Splits
3 Splits 3 Reverse
Past 2 years

Summary

CLRO currently has 2.75M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 1489.91% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 3 stock splits (positive for accessibility) and 3 reverse splits (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

10-Q filing | 2.8M shares outstanding

2.8M 0
Mar 31, 2026

10-K filing | 2.7M shares outstanding

2.7M 0
Mar 13, 2026

8-K filing: ClearOne, Inc. repurchased warrants from CVI Investments, Inc. for $22,000, with the warrants exercisable for 24,155 shares of common stock at $0.9108 per share. ($0.02M proceeds)

1.7M 0
Nov 14, 2025

10-Q filing | 1.7M shares outstanding

1.7M 0
Sep 18, 2025

8-K filing: ClearOne, Inc. repurchased warrants exercisable for 18,940 shares of its common stock from Edward Dallin Bagley, the Company's majority stockholder, for $0.6504 per share, totaling $12,319. ($0.01M proceeds)

1.7M 0
Sep 12, 2025

8-K filing: ClearOne, Inc. repurchased warrants from Lind Global Fund Group II LP for $15,710.41, representing $0.6504 per share underlying the warrants, resulting in the cancellation of warrants exercisable for 24,155 shares of common stock. ($0.02M proceeds)

1.7M 0
Sep 05, 2025

8-K filing: ClearOne, Inc. repurchased warrants exercisable for 6,039 shares of its common stock from Intracoastal Capital, LLC for $0.6504 per share, totaling $3,927.77, and subsequently cancelled the warrants. ($0.0M proceeds)

1.7M 0
Aug 14, 2025

10-Q filing | 1.7M shares outstanding

1.7M 0
Jun 25, 2025
Stock Split

8-K filing: ClearOne, Inc. completed a private placement offering of $3,000,000 of convertible notes to First Finance Ltd., designated Class A and Class B preferred stock, and effected a 1-for-15 reverse stock split. ($3.0M proceeds)

110K 0
Jun 09, 2025
Stock Split

8-K filing: Stock split 1-for-15 | Outstanding: 1,700,000 → 1,700,000

1.7M 0
Jun 02, 2025
Stock Split

8-K filing: Stock split 1-for-15 | Outstanding: 24,748,551 → 1,700,000

1.7M 320K
May 15, 2025

10-Q filing | 24.7M shares outstanding

25M 5.6M
Mar 28, 2025

10-K filing | 24.0M shares outstanding

24M 6.3M
Feb 27, 2025

8-K filing: ClearOne, Inc. completed a private placement at-the-market offering of 2,000,000 shares of common stock to Edward D. Bagley at a price of $0.50 per share. ($1.0M proceeds)

24M 6.4M
Nov 14, 2024

10-Q filing | 24.0M shares outstanding

24M 6.4M
Aug 14, 2024

10-Q filing | 24.0M shares outstanding

24M 6.4M
May 17, 2024

10-Q filing | 24.0M shares outstanding

24M 6.4M
Apr 01, 2024

10-K filing | 24.0M shares outstanding

24M 6.4M
Nov 08, 2023

10-Q filing | 24.0M shares outstanding

24M 6.4M
Aug 10, 2023

10-Q filing | 24.0M shares outstanding

24M 6.4M
May 15, 2023

10-Q filing | 24.0M shares outstanding

24M 6.4M
Mar 31, 2023

10-K filing | 23.9M shares outstanding

24M 6.4M
Nov 14, 2022

10-Q filing | 24.0M shares outstanding

24M 6.4M
Aug 12, 2022

10-Q filing | 23.9M shares outstanding

24M 6.4M
May 19, 2022

10-Q filing | 23.9M shares outstanding

24M 6.4M
Apr 15, 2022

10-K filing | 22.4M shares outstanding

22M 7.9M
Nov 12, 2021

10-Q filing | 19.4M shares outstanding

19M 11M
Sep 27, 2021

S-3 filing: This S-3 filing registers the resale of common stock and warrants previously issued in a private placement. It includes 3,623,189 shares and warrants for an additional 3,623,189 shares, exercisable at $2.64, expiring in 2027.

19M 12M
Sep 13, 2021

8-K filing: ClearOne, Inc. agreed to issue and sell 3,623,189 shares of common stock and warrants to purchase up to 3,623,189 shares of common stock in a private placement for $2.76 per share and warrant, expecting to receive gross proceeds of approximately $10.0 million. ($20.0M proceeds)

19M 680K
Aug 10, 2021

10-Q filing | 18.8M shares outstanding

19M 680K
May 13, 2021

10-Q filing | 18.8M shares outstanding

19M 680K
Mar 31, 2021

10-K filing | 17.3M shares outstanding

17M 2.2M
Nov 16, 2020

10-Q filing | 16.6M shares outstanding

17M 2.8M
Oct 15, 2020

S-1 filing: This is an S-1 filing to register the resale of common stock issuable upon exercise of outstanding warrants, originally issued in a private placement.

19M 680K
Aug 25, 2020

S-3 filing: ClearOne, Inc. may offer, from time to time, common stock, warrants to purchase common stock, stock purchase contracts or units up to a total dollar amount of $10,000,000 under shelf registration.

17M 1.7M
Aug 13, 2020

10-Q filing | 16.6M shares outstanding

17M 1.8M
Jun 26, 2020

S-3/A filing: This is an S-3/A filing registering the resale of common stock issuable upon conversion of secured convertible notes and exercise of warrants.

17M 1.7M
Jun 01, 2020

S-3/A filing: This is an S-3/A filing registering the resale of common stock issuable upon conversion of convertible notes and exercise of warrants.

17M 1.7M
May 20, 2020

10-Q filing | 16.6M shares outstanding

17M 1.8M
May 07, 2020

S-3 filing: This is an S-3 filing registering the resale of common stock issuable upon conversion of convertible notes and exercise of warrants.

17M 1.7M
Mar 30, 2020

10-K filing | 16.6M shares outstanding

17M 0
Feb 03, 2020

8-K filing: ClearOne, Inc. entered into an amendment to a Note Purchase Agreement with Edward D. Bagley, clarifying the original issue discount of 1.5% on $3,000,000 of secured convertible notes and warrants to purchase 340,909 shares of the Company's common stock that was completed on December 17, 2019. ($3.0M proceeds)

N/A 0
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