image
Technology - Software - Application - NASDAQ - US
$ 3.77
-6.45 %
$ 4.32 M
Market Cap
0.34
P/E
1. INTRINSIC VALUE

Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications. The company also provides managed videoconferencing services; and remote service management, which provides an overlay to enterprise information technology and channel partner support organizations, as well as support and management services for customer video environments. In addition, it offers network services comprising Cloud Connect: Video that allows its customers to outsource the management of their video traffic to them and provides the customer's office locations with a secure, dedicated video network connection to the Oblong Cloud for video communications; Cloud Connect: Converge, which offers customized multiprotocol label switching solutions; and Cloud Connect: Cross Connect that allows the customer to leverage existing carrier for the extension of a Layer 2 private line to its data center.[ Read More ]

The intrinsic value of one OBLG stock under the base case scenario is HIDDEN Compared to the current market price of 3.77 USD, Oblong, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart OBLG

image
FINANCIALS
3.81 M REVENUE
-30.42%
-4.5 M OPERATING INCOME
51.39%
-4.38 M NET INCOME
80.02%
-2.99 M OPERATING CASH FLOW
49.56%
0 INVESTING CASH FLOW
0.00%
5.9 M FINANCING CASH FLOW
1272.56%
578 K REVENUE
-5.40%
-1.07 M OPERATING INCOME
-5.30%
-1.04 M NET INCOME
-5.80%
-911 K OPERATING CASH FLOW
7.04%
0 INVESTING CASH FLOW
0.00%
671 K FINANCING CASH FLOW
-54.60%
Balance Sheet Decomposition Oblong, Inc.
image
Current Assets 6.9 M
Cash & Short-Term Investments 5.99 M
Receivables 424 K
Other Current Assets 482 K
Non-Current Assets 29 K
Long-Term Investments 0
PP&E 17 K
Other Non-Current Assets 12 K
Current Liabilities 1.4 M
Accounts Payable 211 K
Short-Term Debt 34 K
Other Current Liabilities 1.15 M
Non-Current Liabilities 26 K
Long-Term Debt 0
Other Non-Current Liabilities 26 K
EFFICIENCY
Earnings Waterfall Oblong, Inc.
image
Revenue 3.81 M
Cost Of Revenue 2.9 M
Gross Profit 911 K
Operating Expenses 5.2 M
Operating Income -4.5 M
Other Expenses -111 K
Net Income -4.38 M
RATIOS
23.91% GROSS MARGIN
23.91%
-117.98% OPERATING MARGIN
-117.98%
-115.07% NET MARGIN
-115.07%
-79.69% ROE
-79.69%
-63.31% ROA
-63.31%
-81.97% ROIC
-81.97%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Oblong, Inc.
image
Net Income -4.38 M
Depreciation & Amortization 345 K
Capital Expenditures 0
Stock-Based Compensation 504 K
Change in Working Capital 207 K
Others -12 K
Free Cash Flow -2.99 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Oblong, Inc.
image
OBLG has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Oblong, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Oct 24, 2023
Sell 9.66 K USD
ADELMAN JASON T
Director
- 52191
0.185 USD
1 year ago
Jun 16, 2023
Sell 10.5 K USD
Meredith Deborah Jean
Director
- 7373
1.4246 USD
1 year ago
Jun 14, 2023
Sell 10.8 K USD
Meredith Deborah Jean
Director
- 6556
1.6467 USD
1 year ago
Jun 15, 2023
Sell 5.53 K USD
Meredith Deborah Jean
Director
- 3671
1.5065 USD
1 year ago
Jun 12, 2023
Sell 491 USD
Meredith Deborah Jean
Director
- 300
1.6367 USD
1 year ago
Jun 13, 2023
Sell 10.5 K USD
Meredith Deborah Jean
Director
- 6491
1.6162 USD
1 year ago
Jun 06, 2023
Sell 16.2 K USD
Meredith Deborah Jean
Director
- 10000
1.6218 USD
1 year ago
Jun 01, 2023
Sell 16.7 K USD
Meredith Deborah Jean
Director
- 10000
1.6725 USD
1 year ago
Jun 01, 2023
Sell 10.8 K USD
ADELMAN JASON T
Director
- 6400
1.68 USD
1 year ago
Jun 05, 2023
Sell 6.23 K USD
ADELMAN JASON T
Director
- 3867
1.61 USD
1 year ago
May 25, 2023
Sell 16 K USD
ADELMAN JASON T
Director
- 10000
1.6 USD
1 year ago
May 26, 2023
Sell 8.05 K USD
ADELMAN JASON T
Director
- 5000
1.61 USD
1 year ago
May 30, 2023
Sell 7.55 K USD
ADELMAN JASON T
Director
- 5000
1.51 USD
1 year ago
May 31, 2023
Sell 8.25 K USD
ADELMAN JASON T
Director
- 5000
1.65 USD
4 years ago
Apr 22, 2020
Bought 1.86 K USD
ADELMAN JASON T
Director
+ 2000
0.93 USD
4 years ago
Apr 22, 2020
Bought 6.37 K USD
ADELMAN JASON T
Director
+ 7000
0.91 USD
4 years ago
Apr 22, 2020
Bought 2.7 K USD
ADELMAN JASON T
Director
+ 3000
0.9 USD
4 years ago
Apr 22, 2020
Bought 2.7 K USD
ADELMAN JASON T
Director
+ 3000
0.9 USD
4 years ago
Apr 22, 2020
Bought 4.45 K USD
ADELMAN JASON T
Director
+ 5000
0.89 USD
4 years ago
Mar 20, 2020
Bought 1.32 K USD
ADELMAN JASON T
Director
+ 1000
1.32 USD
4 years ago
Mar 20, 2020
Bought 1.32 K USD
ADELMAN JASON T
Director
+ 1000
1.32 USD
4 years ago
Mar 20, 2020
Bought 1.31 K USD
ADELMAN JASON T
Director
+ 1000
1.31 USD
4 years ago
Mar 19, 2020
Bought 735 USD
ADELMAN JASON T
Director
+ 500
1.47 USD
4 years ago
Mar 18, 2020
Bought 670 USD
ADELMAN JASON T
Director
+ 500
1.34 USD
4 years ago
Mar 18, 2020
Bought 2.64 K USD
ADELMAN JASON T
Director
+ 2000
1.32 USD
4 years ago
Mar 18, 2020
Bought 1.34 K USD
ADELMAN JASON T
Director
+ 1000
1.34 USD
4 years ago
Mar 18, 2020
Bought 1.33 K USD
ADELMAN JASON T
Director
+ 1000
1.33 USD
4 years ago
Mar 18, 2020
Bought 1.34 K USD
ADELMAN JASON T
Director
+ 1000
1.34 USD
4 years ago
Mar 18, 2020
Bought 1.34 K USD
ADELMAN JASON T
Director
+ 1000
1.34 USD
7 years ago
Jul 31, 2017
Bought 0 USD
Holst Peter
PRESIDENT AND CEO
+ 1806087
0 USD
11 years ago
Aug 09, 2013
Sell 67.1 T USD
Vicis Capital, LLC
10 percent owner
- 8942805
7500000 USD
11 years ago
Aug 09, 2013
Sell 712 M USD
Vicis Capital, LLC
10 percent owner
- 95
7500000 USD
11 years ago
Apr 17, 2013
Sell 20 K USD
Vicis Capital, LLC
10 percent owner
- 4
5000 USD
11 years ago
Apr 16, 2013
Sell 286 K USD
Vicis Capital, LLC
10 percent owner
- 285047
1.0021 USD
11 years ago
Apr 02, 2013
Sell 2.13 K USD
Vicis Capital, LLC
10 percent owner
- 1499
1.4187 USD
11 years ago
Dec 05, 2012
Bought 10 K USD
Peri Steven B
EXEC VP, GN COUNSEL, SECRETARY
+ 5000
2 USD
12 years ago
Sep 11, 2012
Sell 20 B USD
Vicis Capital, LLC
10 percent owner
- 100000
200000 USD
12 years ago
Sep 11, 2012
Sell 200 K USD
Vicis Capital, LLC
10 percent owner
- 1
200000 USD
12 years ago
Jul 13, 2012
Sell 31.4 K USD
Vicis Capital, LLC
10 percent owner
- 14625
2.15 USD
12 years ago
Jul 10, 2012
Sell 98.5 K USD
Vicis Capital, LLC
10 percent owner
- 48037
2.051 USD
12 years ago
Jul 11, 2012
Sell 31.6 K USD
Vicis Capital, LLC
10 percent owner
- 14719
2.15 USD
12 years ago
Jul 12, 2012
Sell 17.8 K USD
Vicis Capital, LLC
10 percent owner
- 8269
2.15 USD
12 years ago
Jun 26, 2012
Sell 16.7 K USD
Vicis Capital, LLC
10 percent owner
- 6963
2.4 USD
12 years ago
Jun 20, 2012
Sell 35.6 K USD
Vicis Capital, LLC
10 percent owner
- 15500
2.3 USD
12 years ago
Jun 22, 2012
Sell 21.8 K USD
Vicis Capital, LLC
10 percent owner
- 9500
2.3 USD
12 years ago
Jun 13, 2012
Sell 2.62 K USD
Vicis Capital, LLC
10 percent owner
- 1191
2.2 USD
12 years ago
Jun 14, 2012
Sell 43.2 K USD
Vicis Capital, LLC
10 percent owner
- 19643
2.2 USD
12 years ago
Jun 08, 2012
Sell 1.4 K USD
Vicis Capital, LLC
10 percent owner
- 638
2.2 USD
12 years ago
Jun 11, 2012
Sell 7.54 K USD
Vicis Capital, LLC
10 percent owner
- 3428
2.2 USD
12 years ago
Jun 12, 2012
Sell 220 USD
Vicis Capital, LLC
10 percent owner
- 100
2.2 USD
12 years ago
Jun 06, 2012
Sell 233 K USD
Vicis Capital, LLC
10 percent owner
- 113294
2.0585 USD
12 years ago
May 16, 2012
Sell 1.92 K USD
Vicis Capital, LLC
10 percent owner
- 800
2.4 USD
15 years ago
Sep 08, 2009
Bought 4.87 K USD
Robinson David W
Co-CEO and General Counsel
+ 10000
0.487 USD
15 years ago
Sep 08, 2009
Bought 1.41 K USD
Robinson David W
Co-CEO and General Counsel
+ 3000
0.47 USD
15 years ago
Sep 04, 2009
Bought 3.08 K USD
Robinson David W
Co-CEO and General Counsel
+ 7000
0.44 USD
15 years ago
Nov 25, 2008
Bought 82.1 K USD
Heinen Edwin
CFO
+ 205314
0.4 USD
15 years ago
Nov 25, 2008
Bought 30.8 USD
Heinen Edwin
CFO
+ 41.0627
0.75 USD
15 years ago
Nov 25, 2008
Bought 6.16 K USD
Heinen Edwin
CFO
+ 15393
0.4 USD
15 years ago
Nov 25, 2008
Bought 3.17 K USD
Heinen Edwin
CFO
+ 24392
0.13 USD
15 years ago
Nov 25, 2008
Bought 42.3 K USD
BASTANI BAMI
Director
+ 105861
0.4 USD
15 years ago
Nov 25, 2008
Bought 15.9 USD
BASTANI BAMI
Director
+ 21.1722
0.75 USD
15 years ago
Nov 25, 2008
Bought 28.2 K USD
Ahmad Aziz
Director
+ 70574
0.4 USD
15 years ago
Nov 25, 2008
Bought 10.6 USD
Ahmad Aziz
Director
+ 14.1148
0.75 USD
15 years ago
Nov 25, 2008
Bought 63.2 K USD
Robinson David W
Executive VP & General Counsel
+ 158086
0.4 USD
15 years ago
Nov 25, 2008
Bought 23.7 USD
Robinson David W
Executive VP & General Counsel
+ 31.6171
0.75 USD
15 years ago
Nov 25, 2008
Bought 14.4 K USD
Laezza Joseph
President and COO
+ 35993
0.4 USD
15 years ago
Nov 25, 2008
Bought 5.4 USD
Laezza Joseph
President and COO
+ 7.1985
0.75 USD
15 years ago
Nov 25, 2008
Bought 28.5 K USD
BRANDOFINO MICHAEL
CEO
+ 71280
0.4 USD
15 years ago
Nov 25, 2008
Bought 10.7 USD
BRANDOFINO MICHAEL
CEO
+ 14.2559
0.75 USD
17 years ago
Sep 21, 2007
Bought 72.8 K USD
Robinson David W
Exec VP & General Counsel
+ 112000
0.65 USD
17 years ago
Sep 21, 2007
Bought 112 K USD
Robinson David W
Exec VP & General Counsel
+ 224000
0.5 USD
17 years ago
Sep 21, 2007
Bought 48.8 K USD
BASTANI BAMI
Director
+ 75000
0.65 USD
17 years ago
Sep 21, 2007
Bought 75 K USD
BASTANI BAMI
Director
+ 150000
0.5 USD
17 years ago
Sep 21, 2007
Bought 81.2 K USD
Heinen Edwin
Chief Financial Officer
+ 125000
0.65 USD
17 years ago
Sep 21, 2007
Bought 125 K USD
Heinen Edwin
Chief Financial Officer
+ 250000
0.5 USD
17 years ago
Sep 21, 2007
Bought 16.6 K USD
Laezza Joseph
Chief Operating Officer
+ 25500
0.65 USD
17 years ago
Sep 21, 2007
Bought 25.5 K USD
Laezza Joseph
Chief Operating Officer
+ 51000
0.5 USD
17 years ago
Sep 21, 2007
Bought 32.8 K USD
BRANDOFINO MICHAEL
President & CEO
+ 50500
0.65 USD
17 years ago
Sep 21, 2007
Bought 50.5 K USD
BRANDOFINO MICHAEL
President & CEO
+ 101000
0.5 USD
17 years ago
Sep 21, 2007
Bought 32.5 K USD
Ahmad Aziz
Director
+ 50000
0.65 USD
17 years ago
Sep 21, 2007
Bought 50 K USD
Ahmad Aziz
Director
+ 100000
0.5 USD
19 years ago
May 17, 2005
Bought 4.98 K USD
TRACHTENBERG DAVID
C.E.O. & President
+ 3750
1.327 USD
7. News
Oblong Announces Letter of Intent to Merge with Dwellwell Analytics DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong”), the award-winning maker of multi-stream collaboration solutions, announced today that it has signed a non-binding letter of intent (the “Letter of Intent”) with Dwellwell Analytics (“Dwellwell”), to acquire 100% of the outstanding equity interests of Dwellwell (the “Merger”). Pursuant to the terms of the Letter of Intent, Dwellwell securityholders would, after giving effect to the proposed Merger, own 67% of the equity of the comb. businesswire.com - 5 months ago
Oblong Granted 180-Day Extension by Nasdaq to Regain Compliance with Bid Price Rule DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), an innovator in collaboration solutions, today announced that the Company received written notification from the Listing Qualifications Department of The Nasdaq Stock Market, LLC (“Nasdaq”), granting the Company's request for a 180-day extension to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule"). The Company now has until September 16, 2024. businesswire.com - 7 months ago
Why Is Oblong (OBLG) Stock Up 83% Today? Oblong (NASDAQ: OBLG ) stock is heading higher on Wednesday morning after the video stream management company released its Q4 2023 earnings report. That earnings report includes revenue of $944 alongside a net loss of $1.22 million. investorplace.com - 7 months ago
Oblong Announces Financial Results for Fourth Quarter 2023 and Provides Business Update DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), an innovator in collaboration solutions, today reported financial results for the fourth quarter and fiscal year ending December 31, 2023, and provided updates on the Company's business and strategy. During 2023, the Company diligently optimized its operations, streamlined expenditures, and strengthened Oblong's balance sheet to position itself as a lean and agile innovator in the tech landscape. Oblong raised $5. businesswire.com - 7 months ago
Penny Stocks To Buy Under $1? 3 For Your Holiday Watch List Penny stocks offer investors the chance to get in on the ground floor of small companies with growth potential. They also offer high-volatility trading opportunities daily that can see huge moves of 100% or more. pennystocks.com - 11 months ago
Oblong Announces Financial Results for Third Quarter 2023 and Provides Business Update LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), a burgeoning player in the technology sector, is pleased to announce significant strategic shifts and a reinforced commitment to sustainable growth. Over the past year, we believe the Company has diligently optimized its operations, enhanced efficiency, and streamlined expenditures to position itself as a lean and agile innovator in the tech landscape. With a series of decisive cost-reduction measures, we bel. businesswire.com - 1 year ago
3 Penny Stocks to Buy as the AI Sector Transforms Every Industry in 2023 AI penny stocks offer investors a thrilling opportunity to tap into the fast-evolving artificial intelligence space. AI penny stocks have limited financial resources and modest profits, but their long-term growth prospects are enticing. investorplace.com - 1 year ago
7 AI Penny Stocks That Could Skyrocket in 2023 AI penny stocks provide investors with higher-risk, higher-upside exposure to companies specializing in developing or utilizing artificial intelligence technology. Since these stocks trade at a relatively low price per share and may be relatively unproven, operating in niche areas of the market, there's more to be gained by a correct bet on these stocks. investorplace.com - 1 year ago
Oblong, Inc. (OBLG) Q3 2022 Earnings Call Transcript Oblong, Inc. (NASDAQ:OBLG ) Q3 2022 Earnings Conference Call November 10, 2022 4:30 PM ET Company Participants Peter Holst - President and CEO David Clark - CFO Operator Hosting the call today are Oblong's President and CEO, Peter Holst; and CFO, David Clark. Please be aware, some of the comments made during today's call may contain forward-looking statements within the meanings of the federal securities laws. seekingalpha.com - 2 years ago
Oblong Schedules Third Quarter 2022 Conference Call for November 10, 2022 LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the Company will release results for the third quarter ended September 30, 2022 on Thursday, November 10, 2022 after the market close and has scheduled a conference call for the same day at 4:30 P.M. businesswire.com - 2 years ago
7 Speculative Penny Stocks Under $3 That Deserve Your Attention in Nov. Risk is part of investing. Even the most mature, well-established firms and stocks run the risk of declining to zero. investorplace.com - 2 years ago
10 Top Penny Stocks To Buy For Uner $1 Right Now Penny stocks to watch under $1 right now. The post 10 Top Penny Stocks To Buy For Uner $1 Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com. pennystocks.com - 2 years ago
8. Profile Summary

Oblong, Inc. OBLG

image
COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 4.32 M
Dividend Yield 0.00%
Description Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications. The company also provides managed videoconferencing services; and remote service management, which provides an overlay to enterprise information technology and channel partner support organizations, as well as support and management services for customer video environments. In addition, it offers network services comprising Cloud Connect: Video that allows its customers to outsource the management of their video traffic to them and provides the customer's office locations with a secure, dedicated video network connection to the Oblong Cloud for video communications; Cloud Connect: Converge, which offers customized multiprotocol label switching solutions; and Cloud Connect: Cross Connect that allows the customer to leverage existing carrier for the extension of a Layer 2 private line to its data center. Further, it provides professional services, such as software development, visual and interaction design, engineering, and project support services; and resells video equipment to its customers. Oblong Inc. is based in Conifer, Colorado.
Contact 25587 Conifer Road, Conifer, CO, 80433 https://www.oblong.com
IPO Date June 19, 1995
Employees 17
Officers Mr. Peter J. Holst Chairman of the Board, President & Chief Executive Officer Mr. Stewart Armstrong Chief Operating Officer Mr. Sam Moore Senior Vice President of IT & Operations Mr. Michael Brown Chief Revenue Officer Mr. David C. Clark Chief Financial Officer, Treasurer & Corporate Secretary