ClearOne通讯 2024年度报告

Form10-K (MarkOne)ANNUAL REPORT PURSUANT TO SECTION13OR15(d) OF THE SECURITIES EXCHANGE ACT OF1934 ☒For the fiscal year endedDecember 31, 2024 TRANSITION REPORT PURSUANT TO SECTION13OR15(d) OF THE SECURITIES EXCHANGE ACT OF1934For the transition period from _________ to _________ Commission file number001-33660 CLEARONE, INC.(Exact name of registrant as specified in its charter) 87-0398877 (State or other jurisdiction ofincorporation or organization) (I.R.S. employeridentification number) 5225 Wiley Post Way, Suite 500,Salt Lake City,Utah(Address of principal executive offices) 84116(Zip Code) Registrant’s telephone number, including area code:(801)975-7200 Securities registered pursuant to Section12(b) of the Act: Name on each exchange on whichregisteredTheNasdaqCapital Market Securities registered pursuant to Section12(g) of the Act: None________________ Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405of the Securities Act.☐Yes☒No Indicate by check mark if the registrant is not required to file reports pursuant to Section13or Section15(d) of the Act.☐Yes☒No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13or15(d) of the SecuritiesExchange Act of1934during the preceding12months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past90days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405of Regulation S-T (§232.405of this chapter) during the preceding12months (or for such shorter period that theregistrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule12b-2of the Exchange Act. (Checkone): Accelerated Filer☐Smaller Reporting Company☒Emerging Growth Company☐ Larger Accelerated Filer☐Non-Accelerated Filer☒ Table of Contents If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell Company (as defined in Rule12b-2of the Act).☐Yes☒No The aggregate market value of the shares of voting common stock held by non-affiliates was approximately$15.6million at June 28,2024,(the Company’s most recently completed secondfiscal quarter), based on the $0.65closing price for the Company’s commonstock on the Nasdaq Capital Market on such date. For purposes of this computation, all officers, directors, and10% beneficial ownersof the registrant are deemed to be affiliates. Such determination should not be deemed to be an admission that such officers, directors,or10% beneficial owners are, in fact, affiliates of the registrant. The number of shares of ClearOne common stock outstanding as ofMarch 27, 2025was25,992,995. Documents Incorporated by Reference:None CLEARONE, INC. Annual Report on Form 10-K For the year endedDecember 31, 2024 Table of ContentsPagePART I2Item 1.Business2Item 1A.Risk Factors16Item 1B.Unresolved Staff Comments27Item 1C.Cybersecurity27Item 2.Properties27Item 3.Legal Proceedings27Item 4.Mine Safety Disclosures27PART II28Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities28Item 6.Reserved28Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations29Item 7A.Quantitative and Qualitative Disclosures about Market Risk38Item 8.Financial Statements and Supplementary Data38Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure38Item 9A.Controls and Procedures39Item 9B.Other Information