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OBLG Oblong

Oblong, Inc. engages in providing patented multi-stream collaboration technologies and managed services for video collaboration and network applications. Its patented technologies change the way people work, create, and communicate. The firm's product Mezzanine is a remote meeting technology platform that offers simultaneous content sharing to achieve situational awareness for both in-room and remote collaborators. The company supplies Mezzanine systems to Fortune 500 enterprise customers and is a Cisco Solutions and integration partner. Oblong was founded in May 2000 and is headquartered in Conifer, CO.

Company profile

Ticker
OBLG
Exchange
Website
CEO
Peter Holst
Employees
Incorporated
Location
Fiscal year end
Former names
GLOWPOINT INC, GLOWPOINT, INC., VIEW TECH INC, WIRE ONE TECHNOLOGIES INC, WIRE ONE TECHNOLOGY INC
SEC CIK
IRS number
770312442

OBLG stock data

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Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

29 Mar 21
17 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Oblong earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 5.28M 5.28M 5.28M 5.28M 5.28M 5.28M
Cash burn (monthly) (positive/no burn) (positive/no burn) 596K 837.92K 747K 547.17K
Cash used (since last report) n/a n/a 2.13M 2.99M 2.67M 1.95M
Cash remaining n/a n/a 3.15M 2.29M 2.61M 3.32M
Runway (months of cash) n/a n/a 5.3 2.7 3.5 6.1

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
22 Dec 20 Richard Ramlall common stock Grant Aquire A No No 4.73 7,500 35.48K 8,132
4 Jun 20 Clark David C common stock Payment of exercise Dispose F No No 1.07 3,999 4.28K 48,933
4 Jun 20 Clark David C common stock Grant Aquire A No No 1.07 11,667 12.48K 52,932
22 Apr 20 Adelman Jason T Common Stock Buy Aquire P No No 0.93 2,000 1.86K 496,000
22 Apr 20 Adelman Jason T Common Stock Buy Aquire P No No 0.91 7,000 6.37K 494,000
22 Apr 20 Adelman Jason T Common Stock Buy Aquire P No No 0.9 3,000 2.7K 487,000
22 Apr 20 Adelman Jason T Common Stock Buy Aquire P No No 0.9 3,000 2.7K 484,000
22 Apr 20 Adelman Jason T Common Stock Buy Aquire P No No 0.89 5,000 4.45K 481,000
13 Apr 20 Clark David C common stock Payment of exercise Dispose F No No 1.1 3,999 4.4K 41,265

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

5.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 15 0 NEW
Opened positions 15 0 NEW
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 26.24M 0 NEW
Total shares 1.5M 0 NEW
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Special Equities Opportunity Fund 580K $3.39M NEW
Alpha Capital Anstalt 386.94K $1.99M NEW
Iroquois Capital Management 219.91K $1.28M NEW
Renaissance Technologies 155.9K $801K NEW
Vanguard 44.86K $231K NEW
FNY Investment Advisers 40K $205K NEW
Geode Capital Management 37K $190K NEW
VIRT Virtu Financial 14.85K $76K NEW
Bridgeway Capital Management 14.6K $75K NEW
tru Independence 3.5K $17.99M NEW
Largest transactions
Shares Bought/sold Change
Special Equities Opportunity Fund 580K +580K NEW
Alpha Capital Anstalt 386.94K +386.94K NEW
Iroquois Capital Management 219.91K +219.91K NEW
Renaissance Technologies 155.9K +155.9K NEW
Vanguard 44.86K +44.86K NEW
FNY Investment Advisers 40K +40K NEW
Geode Capital Management 37K +37K NEW
VIRT Virtu Financial 14.85K +14.85K NEW
Bridgeway Capital Management 14.6K +14.6K NEW
tru Independence 3.5K +3.5K NEW

Financial report summary

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Competition
AT&TMicrosoftTelusLogMeInConvergeOne
Management Discussion
  • As discussed above, on October 1, 2019, the Company acquired Oblong Industries, and Oblong Industries became a wholly owned subsidiary of the Company. Prior to the acquisition of Oblong Industries on October 1, 2019, the Company operated in one segment. Effective October 1, 2019, the former businesses of Glowpoint (now Oblong, Inc.) and Oblong Industries were
  • managed separately during the fourth quarter of 2019 and the year ended December 31, 2020, and involved different products and services. Accordingly, the Company currently operates in two segments: (1) the Oblong (formerly Glowpoint) business which mainly consists of managed services for video collaboration and network and (2) the Oblong Industries business which consists of products and services for visual collaboration technologies.
  • Because the closing of the acquisition of Oblong Industries occurred on October 1, 2019, the Company’s consolidated financial statements as of and for the year ended December 31, 2019 included in this Report only reflect Oblong Industries’ financial results for the fourth quarter of 2019. Certain information concerning the Company’s segments for the years ended December 31, 2020 and 2019, is presented in the following table (in thousands):
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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