Oblong Inc. (OBLG) Financials

OBLG

Trailing 12 months to March 31, 2026

Revenue $2.5M +6.2% YoY

Net Income -$4.0M -11.4% YoY

Operating Cash Flow -$3.0M +13.6% YoY

Gross Profit $1.2M +111.8% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported May 15, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OBLG SEC filings page.

Oblong Inc. (OBLG) reported $2.5M in revenue over the twelve months to Mar 31, 2026, up 6.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI OBLG FY2025 2026-10-03

Oblong’s revenue base has shrunk, while FY2025 margin recovery still left losses and depended on outside financing.

Gross margin more than doubled from 13.9% in FY2024 to 41.6% in FY2025, showing a meaningful improvement in unit economics despite limited revenue growth. Yet gross profit of $1.0M remained below SG&A of $3.9M, so the improved margin did not cover the company’s operating cost base.

In FY2025, operating cash flow was -$3.0M and investing cash flow was -$8.7M. Financing cash flow of $9.0M roughly matched those outflows, indicating reported funding came through financing rather than the business’s own cash generation.

Revenue contracted from $7.7M in FY2021 to $2.4M in FY2025, so the margin rebound occurred without a return to prior scale. A 6.9x current ratio and 0.2x debt-to-equity ratio indicate limited reported leverage, even though the operating model remains loss-making.

Financial Health Signals

Financial Health Score 29/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Oblong Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Oblong Inc. held $2.3M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $3.0M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Oblong Inc. scores 27/100 among other emerging companies.

Dilution

Oblong Inc. had 3M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Oblong Inc. scores 8/100 among other emerging companies.

R&D Intensity

Oblong Inc. spent $10K on research and development in fiscal year 2025, which was 0.2% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Oblong Inc. scores 4/100 among other emerging companies.

Revenue Progress

Oblong Inc. reported revenue of $2.4M in fiscal year 2025, against $2.4M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Oblong Inc. scores 19/100 among other emerging companies.

Burn Trend

Oblong Inc.'s operations used $3.0M of cash in fiscal year 2025, against $3.4M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Oblong Inc. scores 45/100 among other emerging companies.

Balance Sheet

Oblong Inc.'s cash, cash equivalents and investments came to $2.3M at the end of fiscal year 2025, against $1.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Oblong Inc. scores 73/100 among other emerging companies.

Altman Z-Score Distress

-37.30

Oblong Inc. scores -37.30, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($6.3M) relative to total liabilities ($1.2M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

Oblong Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Oblong Inc. reported a net loss of $6.4M while operations used $3.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$707K

YoY+13.7%

QoQ+13.7%

5Y CAGR-18.1%

10Y CAGR-18.6%

Oblong Inc. generated $707K in revenue in Q1 2026. This represents an increase of 13.7% from the same quarter a year earlier. Against the prior quarter it is up 13.7%.

Net Income

$1.7M

YoY+352.5%

QoQ+160.9%

Oblong Inc. reported $1.7M in net income in Q1 2026. This represents an increase of 352.5% from the same quarter a year earlier. Against the prior quarter it is up 160.9%.

EPS (Diluted)

$0.43

Oblong Inc. earned $0.43 per diluted share (EPS) in Q1 2026.

EBITDA

Not reported for Q1 2026.

Cash & Balance Sheet

Cash & Debt

$2.1M

YoY-50.6%

QoQ-5.7%

5Y CAGR-12.0%

10Y CAGR+0.5%

Oblong Inc. held $2.1M in cash as of Q1 2026; long-term debt is not reported for that period.

Shares Outstanding

QoQ0.0%

5Y CAGR-34.0%

10Y CAGR-21.2%

Oblong Inc. had 3M shares outstanding in Q1 2026. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q1 2026.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin

66.5%

YoY+26.4pp

QoQ+19.4pp

5Y change+33.7pp

Oblong Inc.'s gross margin was 66.5% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 26.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 19.4 percentage points.

Operating Margin

-79.1%

10Y change-73.7pp

Oblong Inc.'s operating margin was -79.1% in Q1 2026, reflecting core business profitability. No change is given against Q1 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

19.4%

YoY+39.5pp

QoQ+59.1pp

5Y change+37.6pp

10Y change+31.4pp

Oblong Inc.'s ROE was 19.4% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 39.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 59.1 percentage points.

Net Margin

Not shown for Q1 2026: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

R&D Spending

YoY-100.0%

QoQ-100.0%

Oblong Inc. reported no research and development spending in Q1 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.

Share Buybacks

Not reported for Q1 2026.

Capital Expenditures

Not reported for Q1 2026.

OBLG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OBLG quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$2.5M	$2.4M+2.5%	$2.4M-37.6%	$3.8M-30.4%	$5.5M-29.2%	$7.7M-49.5%	$15.3M+19.5%	$12.8M+2.2%	$12.6M-15.1%	$14.8M-23.0%	$19.2M-24.8%	$25.5M-20.6%	$32.2M-3.9%	$33.5M+15.1%	$29.1M+4.5%	$27.8M
Cost of Revenue	$1.3M	$1.4M-30.5%	$2.0M-29.4%	$2.9M-26.2%	$3.9M-21.7%	$5.0M-31.0%	$7.3M-2.0%	$7.4M-2.3%	$7.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$1.2M	$1.0M+206.3%	$331K-63.7%	$911K-41.1%	$1.5M-43.1%	$2.7M-66.2%	$8.1M+49.1%	$5.4M+8.9%	$5.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$7K	$10K-93.5%	$155K+675.0%	$20K-98.8%	$1.7M-41.7%	$2.9M-21.5%	$3.7M+83.4%	$2.0M+119.7%	$921K-19.8%	$1.1M	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$4.0M	$3.9M-6.0%	$4.2M-13.8%	$4.9M-7.7%	$5.3M-17.1%	$6.4M-5.4%	$6.7M+25.1%	$5.4M+16.6%	$4.6M+25.8%	$3.7M-29.6%	$5.2M-3.9%	$5.4M-4.0%	$5.6M-23.5%	$7.4M+15.1%	$6.4M+13.3%	$5.7M
Operating Income	-$2.8M	-$3.0M+29.5%	-$4.2M+6.5%	-$4.5M+79.6%	-$22.0M-86.4%	-$11.8M-17.2%	-$10.1M-32.9%	-$7.6M-12.4%	-$6.7M-184.7%	-$2.4M-13.5%	-$2.1M-326.4%	-$489K+58.7%	-$1.2M+17.9%	-$1.4M-141.9%	-$596K-226.8%	$470K
EBITDA	N/A	N/A	-$4.2M-1.3%	-$4.2M+79.3%	-$20.1M-121.7%	-$9.1M-30.8%	-$6.9M-10.7%	-$6.3M-4.5%	-$6.0M-702.3%	-$746K-492.1%	-$126K-107.2%	$1.7M+12.6%	$1.6M+9.4%	$1.4M-4.8%	$1.5M-21.9%	$1.9M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$311K-69.4%	$1.0M-30.1%	$1.5M+4.2%	$1.4M+4.0%	$1.3M+22.5%	$1.1M+160.3%	$421K+528.4%	$67K
Income Tax	-$5K	$2K-80.0%	$10K-63.0%	$27K+485.7%	-$7K+92.2%	-$90K-187.4%	$103K	$0-100.0%	$13K+105.7%	-$230K-191.1%	-$79K-146.5%	$170K+22.3%	$139K+563.3%	-$30K+98.6%	-$2.2M	$0
Net Income	-$4.0M	-$6.4M-57.2%	-$4.0M+7.8%	-$4.4M+80.0%	-$21.9M-142.4%	-$9.1M-22.0%	-$7.4M+4.4%	-$7.8M-8.3%	-$7.2M-223.9%	$5.8M+263.7%	-$3.5M-64.9%	-$2.1M+22.2%	-$2.8M+34.6%	-$4.2M-500.7%	$1.1M+184.8%	$369K
EPS (Basic)	N/A	-$2.76+82.4%	-$15.71+16.5%	-$18.81-77.1%	-$10.62-93.8%	-$5.48-270.3%	-$1.48	N/A	-$0.15-200.0%	$0.15+250.0%	-$0.10-66.7%	-$0.06+25.0%	-$0.08+42.9%	-$0.14-450.0%	$0.04+100.0%	$0.02
EPS (Diluted)	—	N/A	N/A	-$0.98	-$10.62-93.8%	-$5.48	-$1.48	N/A	-$0.15	$0.14+240.0%	-$0.10-66.7%	-$0.06+25.0%	-$0.08+42.9%	-$0.14-450.0%	$0.04+100.0%	$0.02
Diluted Shares (Avg)	N/A	N/A	N/A	6M	2M+16.1%	2M	6M+8.6%	5M-89.3%	48M	41M+16.4%	36M+0.5%	35M+1.6%	35M+14.3%	31M+14.5%	27M+14.1%	23M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$707K+13.7%	$622K+10.5%	$601K+4.0%	$592K-3.1%	$622K-0.6%	$563K-40.4%	$578K-33.7%	$611K-36.1%
Cost of Revenue	$237K-36.5%	$329K-23.1%	$357K-28.5%	$364K-25.9%	$373K-40.7%	$428K-34.7%	$499K-23.0%	$491K-41.1%
Gross Profit	$470K+88.8%	$293K+117.0%	$244K+208.9%	$228K+90.0%	$249K+8400.0%	$135K-53.3%	$79K-64.7%	$120K-1.6%
R&D Expenses	$0-100.0%	$1K-50.0%	$3K-92.1%	$3K-95.4%	$3K-94.0%	$2K-50.0%	$38K+660.0%	$65K+1200.0%
SG&A Expenses	$1.0M+10.0%	$1.1M+1.3%	$1.0M-0.4%	$902K-11.2%	$929K-13.7%	$1.1M-7.8%	$1.0M+7.2%	$1.0M-35.6%
Operating Income	-$559K+19.1%	-$786K+15.3%	-$802K+25.2%	-$683K+32.9%	-$691K+41.6%	-$928K+27.3%	-$1.1M-15.9%	-$1.0M+6.7%
EBITDA	N/A	N/A	N/A	N/A	N/A	-$928K+22.0%	-$1.1M-27.8%	-$1.0M-1.4%
Income Tax	$0-100.0%	-$5K-600.0%	$0	$0-100.0%	$7K	$1K+109.1%	$0	$9K
Net Income	$1.7M+352.5%	-$2.8M-215.4%	-$2.3M-120.2%	-$605K+38.5%	-$672K+40.8%	-$884K+27.6%	-$1.0M-16.2%	-$983K+6.3%
EPS (Basic)	$0.43+172.9%	N/A	-$0.74+93.4%	-$0.38+72.5%	-$0.59+70.8%	N/A	-$11.25-166.6%	-$1.38-76.9%
EPS (Diluted)	$0.43	N/A	N/A	N/A	-$0.59	N/A	N/A	N/A
Diluted Shares (Avg)	4M	N/A	N/A	N/A	1M	N/A	N/A	N/A

Not reported in any period shown, so not listed: Interest Expense.

OBLG Balance Sheet

OBLG quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$8.2M+55.8%	$5.3M-23.8%	$6.9M+22.3%	$5.7M-80.2%	$28.6M-1.8%	$29.1M-16.5%	$34.9M+338.4%	$8.0M-48.4%	$15.4M-6.5%	$16.5M-17.6%	$20.0M-11.4%	$22.6M-12.6%	$25.9M-11.7%	$29.3M+209.7%	$9.5M
Current Assets	$8.2M+55.9%	$5.3M-23.6%	$6.9M+41.5%	$4.9M-61.8%	$12.8M+27.6%	$10.0M+0.7%	$9.9M+152.9%	$3.9M-33.3%	$5.9M+56.7%	$3.8M-25.2%	$5.0M-19.6%	$6.2M-8.0%	$6.8M-5.4%	$7.2M+53.4%	$4.7M
Cash & Equivalents	$2.3M-54.5%	$5.0M-17.1%	$6.0M+94.2%	$3.1M-65.7%	$9.0M+70.6%	$5.3M+14.7%	$4.6M+129.3%	$2.0M-49.1%	$3.9M+246.1%	$1.1M-35.4%	$1.8M-9.0%	$1.9M-15.5%	$2.3M+3.4%	$2.2M+22.0%	$1.8M
Short-Term Investments	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	$0	$0-100.0%	$239K-66.9%	$723K-60.3%	$1.8M+97.9%	$920K-49.3%	$1.8M	$0	N/A	N/A	N/A	N/A	$0-100.0%	$37K	$0
Accounts Receivable	$138K-25.8%	$186K-56.1%	$424K+2.2%	$415K-51.1%	$849K-73.2%	$3.2M+24.5%	$2.5M+85.5%	$1.4M+12.4%	$1.2M-25.4%	$1.6M-39.4%	$2.7M-17.6%	$3.3M-19.7%	$4.1M+0.7%	$4.0M+60.6%	$2.5M
Long-Term Investments	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	$0	$0	$0-100.0%	$7.4M0.0%	$7.4M-6.8%	$7.9M+182.9%	$2.8M-63.9%	$7.8M-16.0%	$9.2M-6.1%	$9.8M0.0%	$9.8M0.0%	$9.8M-0.8%	$9.9M	$0
Total Liabilities	$1.2M-6.8%	$1.3M-10.7%	$1.4M-30.3%	$2.0M-34.3%	$3.1M-56.1%	$7.1M-46.0%	$13.1M+1059.4%	$1.1M-64.2%	$3.2M-74.8%	$12.6M-7.9%	$13.7M-6.8%	$14.6M-9.7%	$16.2M-0.6%	$16.3M+260.5%	$4.5M
Current Liabilities	$1.2M-6.8%	$1.3M-9.0%	$1.4M-26.9%	$1.9M-23.3%	$2.5M-55.3%	$5.6M-32.5%	$8.3M+629.5%	$1.1M-59.5%	$2.8M-77.4%	$12.3M+348.1%	$2.8M-26.0%	$3.7M-37.3%	$5.9M-7.9%	$6.5M+53.9%	$4.2M
Non-Current Liabilities	$0	$0-100.0%	$26K-80.2%	$131K-78.8%	$617K-59.2%	$1.5M-68.9%	$4.9M	$0-100.0%	$369K+60.4%	$230K-97.9%	$10.9M-0.3%	$10.9M+6.3%	$10.3M+4.2%	$9.9M+2852.7%	$334K
Long-Term Debt	N/A	N/A	N/A	N/A	$0-100.0%	$403K-85.8%	$2.8M	$0-100.0%	$369K	$0-100.0%	$10.6M-1.8%	$10.8M+5.4%	$10.2M+6.3%	$9.6M	$0
Total Equity	$7.0M+75.7%	$4.0M-27.2%	$5.5M+52.0%	$3.6M-85.8%	$25.5M+15.6%	$22.1M+1.2%	$21.8M+219.0%	$6.8M-44.3%	$12.3M+212.2%	$3.9M-38.5%	$6.4M-19.9%	$8.0M-17.6%	$9.7M-25.6%	$13.0M+163.2%	$4.9M
Retained Earnings	-$238.6M-2.7%	-$232.3M-1.8%	-$228.2M-2.0%	-$223.8M-10.9%	-$201.9M-4.7%	-$192.9M-4.0%	-$185.4M-4.4%	-$177.7M-4.2%	-$170.5M+3.3%	-$176.3M-2.0%	-$172.8M-1.3%	-$170.6M-1.6%	-$167.9M-2.6%	-$163.6M+0.6%	-$164.7M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$10.0M+109.8%	$8.2M+55.8%	$10.9M+81.8%	$13.1M+107.2%	$4.8M-19.9%	$5.3M-23.8%	$6.0M-24.9%	$6.3M-28.9%
Current Assets	$10.0M+110.0%	$8.2M+55.9%	$10.9M+82.0%	$13.1M+107.5%	$4.8M-19.8%	$5.3M-23.6%	$6.0M-21.0%	$6.3M-24.7%
Cash & Equivalents	$2.1M-50.6%	$2.3M-54.5%	$3.7M-33.5%	$10.8M+84.3%	$4.3M-19.5%	$5.0M-17.1%	$5.6M-17.0%	$5.9M-14.8%
Inventory	N/A	$0	N/A	N/A	N/A	$0-100.0%	$50K-84.6%	$88K-78.1%
Accounts Receivable	$135K+19.5%	$138K-25.8%	$12K-63.6%	$15K-51.6%	$113K+653.3%	$186K-56.1%	$33K-79.0%	$31K-87.3%
Goodwill	N/A	N/A	N/A	N/A	N/A	$0	N/A	N/A
Total Liabilities	$1.3M-11.0%	$1.2M-6.8%	$1.1M-19.1%	$1.8M+44.6%	$1.4M-6.4%	$1.3M-10.7%	$1.3M+0.3%	$1.3M-0.4%
Current Liabilities	$1.3M-11.0%	$1.2M-6.8%	$1.1M-18.9%	$1.8M+45.3%	$1.4M-5.5%	$1.3M-9.0%	$1.3M+3.1%	$1.2M+3.8%
Non-Current Liabilities	$0	$0	$0-100.0%	$0-100.0%	$0-100.0%	$0-100.0%	$2K-94.7%	$6K-89.5%
Total Equity	$8.7M+160.5%	$7.0M+75.7%	$9.8M+110.3%	$11.3M+122.7%	$3.4M-24.4%	$4.0M-27.2%	$4.7M-29.9%	$5.1M-33.7%
Retained Earnings	-$236.9M-1.7%	-$238.6M-2.7%	-$235.8M-1.9%	-$233.6M-1.4%	-$232.9M-1.6%	-$232.3M-1.8%	-$231.4M-1.9%	-$230.3M-1.9%

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Long-Term Debt.

OBLG Cash Flow Statement

OBLG quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	-$3.0M	-$3.0M+11.5%	-$3.4M-13.8%	-$3.0M+49.6%	-$5.9M+23.3%	-$7.7M-17.8%	-$6.6M-101.8%	-$3.3M-181.6%	-$1.2M-171.8%	$1.6M+779.2%	$183K-85.2%	$1.2M-30.7%	$1.8M-22.4%	$2.3M+180.1%	$821K+9.2%	$752K
Depreciation & Amortization	N/A	N/A	$0-100.0%	$345K-81.9%	$1.9M-30.4%	$2.7M-12.9%	$3.1M+137.7%	$1.3M+75.0%	$755K-53.4%	$1.6M-17.3%	$2.0M-12.3%	$2.2M-18.3%	$2.7M-4.4%	$2.9M+37.2%	$2.1M+45.2%	$1.4M
Stock-Based Compensation	N/A	$169K+172.6%	$62K-87.7%	$504K+245.2%	$146K-75.5%	$597K+201.5%	$198K+80.0%	$110K-69.9%	$365K-20.3%	$458K-50.7%	$929K+14.3%	$813K+35.5%	$600K-50.1%	$1.2M+77.4%	$678K+189.7%	$234K
Capital Expenditures	N/A	N/A	N/A	$0-100.0%	$11K-78.0%	$50K+31.6%	$38K-15.6%	$45K-86.6%	$335K+151.9%	$133K-65.2%	$382K-69.4%	$1.2M-42.7%	$2.2M+154.2%	$856K+15.7%	$740K-21.3%	$940K
Free Cash Flow	N/A	N/A	N/A	-$3.0M+49.7%	-$5.9M+23.6%	-$7.8M-17.8%	-$6.6M-100.2%	-$3.3M-121.3%	-$1.5M-200.9%	$1.5M+841.7%	-$199K-1890.0%	-$10K+97.4%	-$391K-127.1%	$1.4M+1682.7%	$81K+143.1%	-$188K
Investing Cash Flow	-$8.2M	-$8.7M	$0	$0-100.0%	$19K+138.8%	-$49K-58.1%	-$31K-101.4%	$2.1M+741.5%	-$335K-151.9%	-$133K+65.2%	-$382K+69.3%	-$1.2M+42.7%	-$2.2M-141.3%	-$900K+89.1%	-$8.3M-793.4%	-$928K
Financing Cash Flow	$9.0M	$9.0M+279.8%	$2.4M-59.6%	$5.9M	$0-100.0%	$11.5M+58.2%	$7.3M+96.6%	$3.7M+923.8%	-$449K-133.8%	$1.3M+412.9%	-$425K-154.5%	-$167K-638.7%	$31K+102.3%	-$1.3M-116.8%	$7.9M+19295.1%	-$41K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$51K-64.6%	$144K-93.8%	$2.3M+17784.6%	$13K-90.7%	$140K+112.1%	$66K	$0	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	-$650K+4.4%	-$744K+15.9%	-$1.6M-70.6%	-$37K+96.2%	-$680K-7.9%	-$885K-25.5%	-$911K-759.4%	-$980K+26.8%
Depreciation & Amortization	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$0-100.0%	$0-100.0%
Stock-Based Compensation	$84K	N/A	N/A	N/A	$0-100.0%	N/A	N/A	N/A
Investing Cash Flow	$522K	-$736K	-$6.3M	-$1.6M	$0	$0	$0	N/A
Financing Cash Flow	$0-100.0%	$0-100.0%	$846K+25.9%	$8.2M+452.5%	$31K	$231K+425.4%	$672K	$1.5M-67.1%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

OBLG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OBLG quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	41.6%+27.7pp	13.9%-10.0pp	23.9%-4.3pp	28.2%-6.9pp	35.1%-17.4pp	52.5%+10.4pp	42.1%+2.6pp	39.5%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-121.5%	-176.7%	-118.0%	-401.5%	-152.4%	-65.6%-6.6pp	-59.1%-5.4pp	-53.7%-37.7pp	-16.0%-5.1pp	-10.8%-8.9pp	-1.9%+1.8pp	-3.7%+0.6pp	-4.3%-2.3pp	-2.1%-3.7pp	1.7%
Net Margin	-260.8%	-170.0%	-115.1%	-400.7%	-117.0%	-48.4%+12.1pp	-60.5%-3.4pp	-57.1%-96.2pp	39.1%+57.5pp	-18.4%-10.0pp	-8.4%+0.2pp	-8.6%+4.0pp	-12.6%-16.2pp	3.6%+2.3pp	1.3%
Return on Equity	-90.4%+10.6pp	-101.0%-21.3pp	-79.7%+526.8pp	-606.4%-570.9pp	-35.5%-1.9pp	-33.6%+2.0pp	-35.6%+69.3pp	-105.0%-152.1pp	47.2%+137.1pp	-89.9%-56.4pp	-33.6%+1.0pp	-34.6%+9.0pp	-43.5%-51.6pp	8.1%+0.6pp	7.5%
Return on Assets	-77.3%-0.7pp	-76.6%-13.3pp	-63.3%+324.3pp	-387.6%-355.9pp	-31.6%-6.2pp	-25.5%-3.2pp	-22.2%+67.8pp	-90.0%-127.5pp	37.5%+58.9pp	-21.4%-10.7pp	-10.7%+1.5pp	-12.2%+4.1pp	-16.3%-19.9pp	3.6%-0.3pp	3.9%
Current Ratio	6.93+2.8x	4.14-0.8x	4.93+2.4x	2.55-2.6x	5.11+3.3x	1.79+0.6x	1.20-2.3x	3.47+1.4x	2.11+1.8x	0.30-1.5x	1.82+0.1x	1.68+0.5x	1.140.0x	1.110.0x	1.11
Debt-to-Equity	0.17-0.1x	0.32+0.1x	0.26-0.3x	0.56+0.6x	0.000.0x	0.02-0.1x	0.13+0.1x	0.000.0x	0.030.0x	0.00-1.7x	1.66+0.3x	1.35+0.3x	1.06+0.3x	0.74+0.7x	0.00
Asset Turnover	0.30-0.2x	0.45-0.1x	0.55-0.4x	0.97+0.7x	0.27-0.3x	0.53+0.2x	0.37-1.2x	1.58+0.6x	0.96-0.2x	1.16-0.1x	1.27-0.1x	1.42+0.1x	1.29+0.3x	0.99-1.9x	2.94
FCF Margin	N/A	N/A	-78.6%	-108.6%	-100.6%	-43.1%-17.4pp	-25.7%-13.8pp	-11.9%-21.8pp	10.0%+11.0pp	-1.0%-1.0pp	0.0%+1.2pp	-1.2%-5.5pp	4.3%+4.0pp	0.3%+1.0pp	-0.7%

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Gross Margin	66.5%+26.4pp	47.1%+23.1pp	40.6%+26.9pp	38.5%+18.9pp	40.0%+40.5pp	24.0%-6.6pp	13.7%-12.0pp	19.6%+6.9pp
Operating Margin	-79.1%	-126.4%	-133.4%	-115.4%	-111.1%	-164.8%	-185.5%	-166.6%
Net Margin	240.0%	-448.2%	-381.0%	-102.2%	-108.0%	-157.0%	-179.9%	-160.9%
Return on Equity	19.4%+39.5pp	-39.6%-17.6pp	-23.3%-1.0pp	-5.4%+14.1pp	-20.1%+5.6pp	-22.1%+0.1pp	-22.3%-8.8pp	-19.5%-5.7pp
Return on Assets	17.0%+31.1pp	-33.9%-17.2pp	-21.0%-3.7pp	-4.6%+11.0pp	-14.1%+5.0pp	-16.8%+0.9pp	-17.3%-6.1pp	-15.6%-3.8pp
Current Ratio	7.97+4.6x	6.93+2.8x	10.18+5.6x	7.21+2.2x	3.38-0.6x	4.14-0.8x	4.53-1.4x	5.05-1.9x
Debt-to-Equity	0.14-0.3x	0.17-0.1x	0.11-0.2x	0.16-0.1x	0.42+0.1x	0.32+0.1x	0.28+0.1x	0.25+0.1x
Asset Turnover	0.07-0.1x	0.080.0x	0.060.0x	0.05-0.1x	0.130.0x	0.110.0x	0.100.0x	0.100.0x

Not reported in any period shown, so not listed: FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Oblong Inc. OBLG	FY2025	$2.4M	-$6.4M	N/A	$6.3M	29/100
Society Pass Incorporated SOPA	FY2024	$7.1M	-$10.2M	N/A	$978K	41/100
Earlyworks Co., Ltd. American ELWS	FY2025	$3.1M	-$1.8M	-58.3%	$21.5M	44/100
Quhuo Limited QH	FY2025	$361.2M	-$21.4M	-5.9%	$9.2M	30/100
Signing Day Sports, Inc. SGN	FY2024	$616K	N/A	N/A	$7.4M	—
Urgent.ly Inc. ULY	FY2025	$129.2M	-$20.4M	-15.8%	$11.8M	43/100

Where Oblong Inc. Ranks

Frequently Asked Questions

What is Oblong Inc.'s annual revenue?

Oblong Inc. (OBLG) reported $2.4M in total revenue for fiscal year 2025. This represents a 2.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Oblong Inc.'s revenue growing?

Oblong Inc. (OBLG) revenue grew by 2.5% year-over-year, from $2.4M to $2.4M in fiscal year 2025.

Is Oblong Inc. profitable?

No, Oblong Inc. (OBLG) reported a net income of -$6.4M in fiscal year 2025.

What is Oblong Inc.'s gross margin?

Oblong Inc. (OBLG) had a gross margin of 41.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Oblong Inc.'s return on equity (ROE)?

Oblong Inc. (OBLG) has a return on equity of -90.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Oblong Inc.'s operating cash flow?

Oblong Inc. (OBLG) recorded an outflow of $3.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Oblong Inc.'s total assets?

Oblong Inc. (OBLG) had $8.2M in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Oblong Inc. spend on research and development?

Oblong Inc. (OBLG) invested $10K in research and development during fiscal year 2025.

How many shares does Oblong Inc. have outstanding?

Oblong Inc. (OBLG) had 3M shares outstanding as of fiscal year 2025.

What is Oblong Inc.'s current ratio?

Oblong Inc. (OBLG) had a current ratio of 6.93 as of fiscal year 2025, which is generally considered healthy.

What is Oblong Inc.'s debt-to-equity ratio?

Oblong Inc. (OBLG) had a debt-to-equity ratio of 0.17 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Oblong Inc.'s return on assets (ROA)?

Oblong Inc. (OBLG) had a return on assets of -77.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

How does Oblong Inc.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Oblong Inc. (OBLG) held $2.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.0M over that year. Dividing the one by the other, the reported balance equals about 9 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Oblong Inc.'s Altman Z-Score?

Oblong Inc. (OBLG) has an Altman Z-Score of -37.30, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Oblong Inc.'s Piotroski F-Score?

Oblong Inc. (OBLG) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Oblong Inc.'s earnings high quality?

Oblong Inc. (OBLG) reported a net loss of $6.4M while operations used $3.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Oblong Inc.?

Oblong Inc. (OBLG) scores 29 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.