Technology -
Software - Application - NASDAQ - US
$ 2.88
5.42 %
$ 3.33 M
Market Cap
-0.14
P/E
1. INTRINSIC VALUE
FINANCIALS
Balance Sheet
Oblong, Inc.
| Current Assets | 5.27 M |
| Cash & Short-Term Investments | 4.96 M |
| Receivables | 186 K |
| Other Current Assets | 118 K |
| Non-Current Assets | 6 K |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 6 K |
| Current Liabilities | 1.27 M |
| Accounts Payable | 105 K |
| Short-Term Debt | 0 |
| Other Current Liabilities | 1.17 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Oblong, Inc.
| Revenue | 2.38 M |
| Cost Of Revenue | 2.05 M |
| Gross Profit | 331 K |
| Operating Expenses | 4.53 M |
| Operating Income | -4.2 M |
| Other Expenses | -159 K |
| Net Income | -4.04 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Oblong, Inc.
| Net Income | -4.04 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 62 K |
| Change in Working Capital | 556 K |
| Others | 207 K |
| Free Cash Flow | -3.41 M |
Wall Street Analysts Price Targets
Oblong, Inc.
OBLG has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
OBLG does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Oblong, Inc.
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
7. News
Oblong Announces Financial Results for Fourth Quarter 2024 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, 2024, and provided updates on the Company's business and strategy. “As of December 31, 2024, our financial footing remains strong, with $5.0 million in cash and zero debt. During Q4, we raised $231,000 from common stock warrant exercises and streamlined operations to increase efficie.
businesswire.com
- 1 month ago
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
- 10 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
- 1 year 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
- 1 year 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
- 1 year ago
Penny Stocks To Buy Under $1? 3 For Your Holiday Watch List
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pennystocks.com
- 1 year 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
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investorplace.com
- 2 years 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.
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investorplace.com
- 2 years ago
8. Profile
Summary
Oblong, Inc. OBLG
COUNTRY
US
INDUSTRY
Software - Application
MARKET CAP
$ 3.33 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
7
Officers
Mr. Peter J. Holst
President, Chief Executive Officer & Director
Mr. David C. Clark
Chief Financial Officer, Treasurer & Corporate Secretary