# Crown Electrokinetics Corp. (CRKN)

**Exchange:** NASDAQ  
**Sector:** Basic Materials  
**Market cap:** $8,882.851  
**Price:** $0.15

> Crown Electrokinetics Corp. is a technology company that focuses on the development and commercialization of electrokinetic film technology. The primary function of this technology is to manage light and heat in buildings, offering an innovative solution for dynamic window and glass tinting. This film can be applied to existing window glass and is designed to transition between clear and tinted states, optimizing energy efficiency in buildings by controlling solar glare and reducing reliance on air conditioning.

Crown Electrokinetics' electrokinetic film technology has significant implications for the real estate and energy sectors, as it enhances building sustainability and aligns with growing environmental standards. The technology is especially relevant to commercial real estate developers and building managers seeking to improve energy conservation measures and reduce utility costs. In a market that increasingly values eco-friendly construction and operations, Crown Electrokinetics plays a crucial role in advancing smart building technologies. The company's headquarters are in Corvallis, Oregon, where they continue to refine their technology to meet modern energy efficiency challenges and contribute to sustainable building practices.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2024 | $20M | -$714,000 | -$24M | -$26M | $-548.26 |
| 2023 | $153,000 | -$781,000 | -$19M | -$29M | $-25926.57 |
| 2022 | — | — | -$15M | -$14M | $-8118.00 |
| 2021 | — | — | -$19M | -$41M | $-24700.00 |
| 2020 | $100,000 | -$520,000 | -$8M | -$10M | $-10473.14 |
| 2019 | $504,788 | -$109,212 | -$3M | -$4M | $-4684.57 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2024 | $35M | $13M | $22M | $14M | $2M |
| 2023 | $10M | $5M | $5M | $1M | $1M |
| 2022 | $7M | $6M | $530,000 | $821,000 | $1M |
| 2021 | $18M | $935,000 | $17M | $15M | — |
| 2020 | $388,636 | $7M | -$7M | $48,307 | — |
| 2019 | $673,039 | $4M | -$3M | $99,447 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2024 | -$22M | -$6M | -$24M |
| 2023 | -$10M | -$2M | -$18M |
| 2022 | -$11M | -$751,000 | -$12M |
| 2021 | -$23M | -$159,000 | -$8M |
| 2020 | -$2M | -$26,603 | -$1M |
| 2019 | -$2M | -$109,290 | -$2M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CRKN)