Oblong, Inc. financial data

Symbol
OBLG on Nasdaq
Location
110 16 Th Street, Suite 1400 #1024, Denver, CO
State of incorporation
DE
Fiscal year end
December 31
Former names
GLOWPOINT, INC. (to 3/9/2020), GLOWPOINT INC (to 8/8/2011), WIRE ONE TECHNOLOGIES INC (to 10/23/2003), WIRE ONE TECHNOLOGY INC (to 6/5/2000), VIEW TECH INC (to 5/15/2000)
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 493 % +52.6%
Quick Ratio 14.4 % -59.6%
Debt-to-equity 25.4 % -39%
Return On Equity -19.6 % +90.8%
Return On Assets -15.6 % +89.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 28.2M shares +864%
Common Stock, Shares, Outstanding 28.2M shares +935%
Entity Public Float 3M USD -47.1%
Common Stock, Value, Issued 3K USD
Weighted Average Number of Shares Outstanding, Basic 22.9M shares +820%
Weighted Average Number of Shares Outstanding, Diluted 17.1M shares +729%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 124K USD -59.7%
Selling and Marketing Expense 54K USD -75.2%
General and Administrative Expense 4.22M USD -18.1%
Costs and Expenses 5.11M USD -74.5%
Operating Income (Loss) -4.4M USD +59%
Nonoperating Income (Expense) 164K USD +141%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.24M USD +60.1%
Income Tax Expense (Benefit) -2K USD -110%
Net Income (Loss) Attributable to Parent -5.37M USD +49.5%
Earnings Per Share, Basic 0.29 USD/shares +94.9%
Earnings Per Share, Diluted -0.45 USD/shares +95%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 31K USD -87.3%
Inventory, Net 88K USD -78.1%
Other Assets, Current 98K USD +8.89%
Assets, Current 6.29M USD -24.7%
Property, Plant and Equipment, Net 0 USD -100%
Operating Lease, Right-of-Use Asset 0 USD -100%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Goodwill 0 USD -100%
Other Assets, Noncurrent 11K USD -50%
Assets 6.31M USD -28.9%
Accounts Payable, Current 111K USD -18.4%
Employee-related Liabilities, Current 675K USD +236%
Accrued Liabilities, Current 1.03M USD -38.1%
Contract with Customer, Liability, Current 77K USD -67.1%
Liabilities, Current 1.25M USD +3.83%
Contract with Customer, Liability, Noncurrent 6K USD -89.5%
Operating Lease, Liability, Noncurrent 0 USD -100%
Liabilities 1.25M USD -0.4%
Retained Earnings (Accumulated Deficit) -230M USD -1.87%
Stockholders' Equity Attributable to Parent 5.05M USD -33.7%
Liabilities and Equity 6.31M USD -28.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.61M USD
Net Cash Provided by (Used in) Financing Activities 1.48M USD
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 28.2M shares +932%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -630K USD -200%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.86M USD -14.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5K USD +150%
Deferred Tax Assets, Valuation Allowance 38.4M USD -0.29%
Deferred Tax Assets, Gross 38.4M USD -0.29%
Operating Lease, Liability 0 USD -100%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid 17K USD -93%
Property, Plant and Equipment, Gross 0 USD -100%
Operating Lease, Liability, Current 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Two 17K USD -92.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 17K USD -92.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 0 USD -100%
Preferred Stock, Shares Issued 545 shares -91.5%
Preferred Stock, Shares Authorized 42K shares 0%
Operating Lease, Payments 26K USD -76.4%
Additional Paid in Capital 236M USD
Preferred Stock, Shares Outstanding 545 shares -91.5%
Amortization of Intangible Assets 345K USD -81.1%
Depreciation, Depletion and Amortization 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%