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OBLG

OBLG - Oblong Inc Stock Price, Fair Value and News

0.13USD0.00 (0.00%)Market Closed

Market Summary

OBLG
USD0.130.00
Market Closed
0.00%

OBLG Stock Price

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OBLG RSI Chart

OBLG Valuation

Market Cap

2.2M

Price/Earnings (Trailing)

-0.49

Price/Sales (Trailing)

0.57

EV/EBITDA

0.96

Price/Free Cashflow

-0.72

OBLG Price/Sales (Trailing)

OBLG Profitability

EBT Margin

-114.36%

Return on Equity

-79.69%

Return on Assets

-63.31%

Free Cashflow Yield

-137.99%

OBLG Fundamentals

OBLG Revenue

Revenue (TTM)

3.8M

Rev. Growth (Yr)

-33.8%

Rev. Growth (Qtr)

8.26%

OBLG Earnings

Earnings (TTM)

-4.4M

Earnings Growth (Yr)

-0.33%

Earnings Growth (Qtr)

-36.42%

Breaking Down OBLG Revenue

Last 30 days

-7.1%

Last 90 days

-18.7%

Trailing 12 Months

-94.4%

How does OBLG drawdown profile look like?

OBLG Financial Health

Current Ratio

4.93

OBLG Investor Care

Shares Dilution (1Y)

627.60%

Diluted EPS (TTM)

-1.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20235.0M4.6M4.3M3.8M
20227.4M6.6M6.0M5.5M
202123.3M22.6M21.1M7.7M
202015.6M15.9M16.8M26.7M
201911.7M10.8M10.3M12.8M
201814.2M13.6M13.1M12.6M
201717.8M16.5M15.7M14.8M
201623.9M22.5M20.6M19.2M
201531.3M29.4M27.6M25.5M
201432.9M32.7M32.3M32.2M
201330.8M32.8M34.5M33.5M
201227.6M27.4M27.1M29.1M
201127.6M27.7M27.7M27.8M
201000027.6M
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Tracking the Latest Insider Buys and Sells of Oblong Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Oct 24, 2023
adelman jason t
sold
-9,655
0.185
-52,191
-
Jul 03, 2023
foundry group select fund, l.p.
sold
-
-
-321,759
-
Jul 03, 2023
foundry group select fund, l.p.
sold
-
-
-85,017
-
Jun 16, 2023
meredith deborah jean
sold
-10,503
1.4246
-7,373
-
Jun 15, 2023
meredith deborah jean
sold
-5,530
1.5065
-3,671
-
Jun 14, 2023
meredith deborah jean
sold
-10,795
1.6467
-6,556
-
Jun 13, 2023
meredith deborah jean
sold
-10,490
1.6162
-6,491
-
Jun 12, 2023
meredith deborah jean
sold
-491
1.6367
-300
-
Jun 06, 2023
meredith deborah jean
sold
-16,218
1.6218
-10,000
-
Jun 05, 2023
adelman jason t
sold
-6,225
1.61
-3,867
-

1–10 of 31

Which funds bought or sold OBLG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
new
-
-
-
-%
Mar 11, 2024
VANGUARD GROUP INC
unchanged
-
-10,070
8,981
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
786
14,199
18,668
-%
Feb 15, 2024
JANE STREET GROUP, LLC
new
-
7,583
7,583
-%
Feb 14, 2024
Foundry Group Next, LLC
sold off
-100
-48,661
-
-%
Feb 14, 2024
Anson Funds Management LP
sold off
-100
-36,822
-
-%
Feb 14, 2024
TWO SIGMA SECURITIES, LLC
sold off
-100
-8,863
-
-%
Feb 14, 2024
MILLENNIUM MANAGEMENT LLC
added
41.05
-1,450
2,954
-%
Feb 13, 2024
RENAISSANCE TECHNOLOGIES LLC
reduced
-24.88
-15,000
8,000
-%
Feb 13, 2024
ACADIAN ASSET MANAGEMENT LLC
new
-
25,000
25,000
-%

1–10 of 22

Are Funds Buying or Selling OBLG?

Are funds buying OBLG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OBLG
No. of Funds

Unveiling Oblong Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 12, 2024
stepstone group lp
0%
0
SC 13G/A
Jul 05, 2023
foundry group select fund, l.p.
1.04%
24,215
SC 13D/A
May 10, 2023
morgan stanley
2.2%
57,573
SC 13G/A
Feb 23, 2022
iroquois capital management, llc
2.39%
754,656
SC 13G/A
Feb 11, 2022
stepstone group lp
12.0%
3,692,661
SC 13G/A
Feb 11, 2022
morgan stanley
9.5%
3,416,345
SC 13G
Oct 08, 2021
stepstone group lp
12.1%
3,692,661
SC 13G/A
Feb 22, 2021
foundry group select fund, l.p.
6.2%
1,638,474
SC 13D
Feb 12, 2021
greenspring associates, llc
5.8%
1,554,541
SC 13G
Jan 21, 2021
alpha capital anstalt
4.99%
386,939
SC 13G/A

Recent SEC filings of Oblong Inc

View All Filings
Date Filed Form Type Document
Mar 22, 2024
8-K
Current Report
Mar 20, 2024
8-K
Current Report
Mar 19, 2024
8-K
Current Report
Mar 19, 2024
10-K
Annual Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Jan 16, 2024
EFFECT
EFFECT
Jan 16, 2024
CORRESP
CORRESP
Jan 12, 2024
S-3/A
S-3/A
Jan 11, 2024
S-3/A
S-3/A
Jan 10, 2024
UPLOAD
UPLOAD

Peers (Alternatives to Oblong Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
263.8B
34.9B
-9.80% 36.69%
63.77
7.57
11.18% 1888.46%
148.0B
37.3B
-7.52% 122.47%
78.44
3.97
16.95% 120.64%
45.0B
5.3B
-17.81% 7.12%
49.12
8.43
9.15% 48.14%
28.2B
2.3B
-5.25% -
56.41
12.44
9.90% -4.45%
18.0B
4.5B
-9.92% -11.54%
28.27
3.98
3.06% 514.65%
MID-CAP
7.6B
620.4M
-4.94% 61.02%
2.8K
12.2
31.48% 103.97%
6.4B
4.4B
-8.15% 62.41%
-18.89
1.46
7.53% 78.52%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.2B
881.7M
-11.98% 32.17%
39.97
3.64
4.64% 44.42%
2.5B
296.4M
-26.16% -8.01%
-9.26
8.49
11.14% -3.59%
2.2B
228.1M
4.95% -1.09%
25.62
9.81
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
193.8M
572.4M
-32.62% -84.88%
-0.98
0.34
-19.38% -489.49%
177.2M
119.1M
-16.08% -58.24%
-19.23
1.49
24.27% 36.31%
152.6M
31.3M
37.51% 98.33%
-25.99
4.87
4.69% 43.72%

Oblong Inc News

Latest updates
Defense World09 Apr 202407:00 am
MSN20 Mar 202412:21 pm
InvestorPlace20 Mar 202407:00 am
Los Angeles Business Journal2 years ago

Oblong Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue8.3%944,000872,000956,0001,038,0001,426,0001,185,0001,333,0001,532,0001,973,0001,799,0002,049,0001,918,00015,333,0003,266,0002,816,0005,328,0005,424,0002,370,0002,439,0002,594,0002,859,000
Gross Profit29.0%289,000224,000122,000276,000296,000344,000407,000499,000719,000571,000800,000628,0008,053,0001,654,0001,133,0002,954,0002,898,000788,000795,000919,000-
Costs and Expenses36.2%1,565,0001,149,0001,213,0001,479,0001,569,0007,504,0009,440,0005,021,0003,513,0003,682,0003,278,0004,039,00018,117,0003,644,0004,433,0005,931,0008,360,0001,428,0001,669,0001,517,000-2,028,000
  S&GA Expenses-1025.3%-749,50081,0001,577,000218,000270,000282,000317,000562,000658,000438,000572,000527,000677,000668,000834,0001,220,0001,825,00038,00040,00033,00041,000
  R&D Expenses-20.0%4,0005,0005,0006,00065,000232,000398,0001,004,000929,000693,000599,000692,000649,000747,000988,0001,327,0001,371,000190,000249,000213,000231,000
EBITDA Margin-12.6%-1.05-0.93-2.12-3.46-3.66-3.49-2.18-1.03-0.83-0.51-0.53-0.56-0.47--------
Interest Expenses-77.8%2,0009,0007,0002,000-1,0006,000-7,000-2,000-54,00063,0006,00090,000105,000----
Income Taxes-Infinity%-11,000--38,000-15,000-3,000-11,000-90,000---103,000-------13,000
Earnings Before Taxes-37.7%-1,232,000-895,000-1,049,000-1,181,000-1,232,000-7,155,000-9,033,000-4,528,000-2,800,000-662,000-2,246,000-3,433,000-7,318,000-2,085,000-3,385,000-3,129,000-----2,711,000
EBT Margin-12.7%-1.14-1.02-2.31-3.73-4.01-3.90-2.56-1.39-1.18-0.65-0.67-0.70-0.60--------
Net Income-36.4%-1,221,000-895,000-1,049,000-1,219,000-1,217,000-7,152,000-9,033,000-4,539,000-2,710,000-662,000-2,246,000-3,433,000-7,421,000-2,085,000-3,385,000-3,129,000-5,648,000-640,000-875,000-598,000-2,724,000
Net Income Margin-12.8%-1.15-1.02-2.31-3.74-4.01-3.89-2.55-1.38-1.17-0.65-0.67-0.70-0.60--------
Free Cashflow-565.1%-705,000-106,000-1,338,000-844,000-1,058,000-965,000-1,507,000-2,415,000-1,796,000-2,299,000-2,435,000-1,252,000-2,271,000--------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-13.2%6,9257,9798,8736,3385,6617,36414,57024,22928,60731,69834,93726,67129,14327,24229,29331,95334,9095,8786,2687,6117,962
  Current Assets-9.0%6,8967,5778,3545,6874,8726,3957,82610,30012,75115,36917,5658,4459,9936,7287,7648,8059,9262,7362,9343,6503,925
    Cash Equivalents-11.5%5,9906,7666,8723,7143,0854,1435,1076,5869,00010,79513,0944,0255,2772,6704,1412,0594,6021,2719871,5892,007
  Inventory-26.2%2393244026347231,0271,0781,7181,8211,8562,1251,4949201,1261,3441,4391,816----
  Net PPE----3.003.0025.0075.001221591983074305736419101,0911,316359492610728
  Goodwill--------6,2297,3677,3677,3677,3677,3677,3667,3667,3667,9087,3662,3422,7952,795
Liabilities8.0%1,4241,3181,2582,4362,0442,5612,6463,3033,1103,5536,6327,7407,08613,89713,88613,17813,124---1,132
  Current Liabilities9.2%1,3981,2801,2012,3521,9132,3662,3652,8312,4932,9593,5666,7565,5759,9738,5199,7008,2581,1689121,3661,132
    LT Debt, Current------------2,4172,0144,9423,6653,5502,664----
Shareholder's Equity-17.4%5,5016,6617,6153,9023,6174,80311,92420,92625,49728,14528,30518,93122,05713,34515,40718,77521,7854,7105,3566,2456,830
  Retained Earnings-0.5%-228,231-227,010-226,115-225,066-223,847-222,630-215,478-206,445-201,906-199,196-198,534-196,288-192,855-194,033-191,948-188,563-185,434-179,786-179,146-178,271-177,673
  Additional Paid-In Capital0.0%233,911233,852233,911229,149227,645227,611227,580227,549227,584227,519227,017215,397215,092207,558207,535207,509207,383184,660184,650185,008184,998
Shares Outstanding289.2%16,6854,2872,7292,0632,0632,0652,0652,0652,0541,6751,4831,184517--------
Float---3,002---5,674---50,293---6,483---5,057--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-565.1%-705-106-1,338-844-1,058-965-1,507-2,404-1,776-2,286-2,435-1,235-2,241-1,468-321-2,536-2,585300-560-408-546
  Share Based Compensation0%31.0031.0041131.0032.0031.0031.0052.0062.00502-33.0010928.0029.0032.0043.0014.0024.0029.0095.00
Cashflow From Investing------1.0028.00-10.00-19.00-13.00--17.00-23.00-3.00-5.00-2,166--8.00-9.00-24.00
Cashflow From Financing-Infinity%-71.00-4,4961,473------11,504-4,871-2,408-7.003,750-16.00-34.00-1.00-1.00
  Buy Backs--------------16.00-9.007.00-16.0034.001.001.00

OBLG Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]  
Revenue$ 3,810$ 5,476
Cost of revenue (exclusive of depreciation and amortization and casualty loss)2,8993,930
Gross profit9111,546
Operating expenses (gains):  
Research and development201,699
Sales and marketing3091,431
General and administrative4,8705,278
Impairment charges26212,740
Casualty (gain) loss, net(400)483
Depreciation and amortization3451,903
Total operating expenses5,40623,534
Loss from operations(4,495)(21,988)
Interest and other income, net  
Interest and other expense2819
Interest and other income(166)(59)
Total interest and other income, net(138)(40)
Loss before income taxes(4,357)(21,948)
Income tax expense (benefit)27(7)
Net income (loss)(4,384)(21,941)
Preferred stock dividends3430
Induced conversion of warrants7510
Warrant modification250
Net loss attributable to common stockholders$ (5,503)$ (21,941)
Net loss attributable to common stockholders per share:  
Basic net loss per share (in dollars per share)$ (0.98)$ (10.62)
Diluted net loss per share (in dollars per share)$ (0.98)$ (10.62)
Weighted-average number of shares of common stock:  
Basic (in shares)5,5952,065
Diluted (in shares)5,5952,065

OBLG Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 5,990$ 3,085
Accounts receivable, net424415
Inventory, net239723
Prepaid expenses and other current assets243649
Total current assets6,8964,872
Property and equipment, net03
Intangibles, net0604
Operating lease, right-of-use assets, net17142
Other assets1240
Total assets6,9255,661
Current liabilities:  
Accounts payable211184
Accrued expenses and other current liabilities1,0381,074
Current portion deferred revenue132436
Operating lease liabilities, current17219
Total current liabilities1,3981,913
Long-term liabilities:  
Operating lease liabilities, net of current portion017
Deferred revenue, net of current portion26114
Total long-term liabilities26131
Total liabilities1,4242,044
Commitments and contingencies (see Note 14)
Stockholders’ equity:  
Common stock, $.0001 par value; 150,000,000 shares authorized; 16,692,000 shares issued and 16,685,000 shares outstanding at December 31, 2023 and 2,071,000 shares issued and 2,063,000 outstanding at December 31, 202220
Treasury stock, 8,000 common shares at December 31, 2023 and 2022(181)(181)
Additional paid-in capital233,911227,645
Accumulated deficit(228,231)(223,847)
Total stockholders’ equity5,5013,617
Total liabilities and stockholders’ equity6,9255,661
Series F Preferred Stock  
Stockholders’ equity:  
Preferred stock Series F, convertible; $.0001 par value; $2,064,063 stated value; 42,000 shares authorized, 1,930 and zero shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively$ 0$ 0
OBLG
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 offers 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 provides network solutions, including 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. The company serves a range of industries comprising aerospace, consulting, executive search, broadcast media, legal, insurance, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and others, as well as government sector. Oblong, Inc. is based in Conifer, Colorado.
 CEO
 WEBSITEoblong.com
 INDUSTRYSoftware - Apps
 EMPLOYEES22

Oblong Inc Frequently Asked Questions


What is the ticker symbol for Oblong Inc? What does OBLG stand for in stocks?

OBLG is the stock ticker symbol of Oblong Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Oblong Inc (OBLG)?

As of Thu Apr 18 2024, market cap of Oblong Inc is 2.17 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OBLG stock?

You can check OBLG's fair value in chart for subscribers.

What is the fair value of OBLG stock?

You can check OBLG's fair value in chart for subscribers. The fair value of Oblong Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Oblong Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OBLG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Oblong Inc a good stock to buy?

The fair value guage provides a quick view whether OBLG is over valued or under valued. Whether Oblong Inc is cheap or expensive depends on the assumptions which impact Oblong Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OBLG.

What is Oblong Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, OBLG's PE ratio (Price to Earnings) is -0.49 and Price to Sales (PS) ratio is 0.57. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OBLG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Oblong Inc's stock?

In the past 10 years, Oblong Inc has provided -0.525 (multiply by 100 for percentage) rate of return.