Oblong Inc. Reports Flat Q1 2025 Revenue at $0.6M, Reduces Net Loss to $0.7M from $1.1M in Q1 2024

Reuters

05-13

Oblong Inc. Reports Flat Q1 2025 Revenue at $0.6M, Reduces Net Loss to $0.7M from $1.1M in Q1 2024

Oblong Inc. reported its financial results for the first quarter of 2025, revealing total revenue of $0.6 million, consistent with the same period in 2024. The company recorded a net loss of $0.7 million for the first quarter of 2025, an improvement from the $1.1 million net loss reported for the first quarter of 2024. Adjusted EBITDA loss was $0.7 million for the first quarter of 2025, compared to a loss of $1.2 million in the same period of 2024. As of March 31, 2025, Oblong Inc. held $4.3 million in cash and cash equivalents, with no debt. Subsequent to the end of the first quarter, the company raised an additional $0.5 million from common stock warrant exercises. Oblong Inc. is actively pursuing high-growth M&A opportunities, focusing on recurring revenue models and technological innovations in digital currency and AI. The company aims to enhance profitability and efficiency, with a strategic plan extending into late 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oblong Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250513133746) on May 13, 2025, and is solely responsible for the information contained therein.

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Reports Flat Q1 2025 Revenue at $0.6M, Reduces Net Loss to $0.7M from $1.1M in Q1 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-13 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Oblong Inc. Reports Flat Q1 2025 Revenue at $0.6M, Reduces Net Loss to $0.7M from $1.1M in Q1 2024\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Oblong Inc. reported its financial results for the first quarter of 2025, revealing total revenue of $0.6 million, consistent with the same period in 2024. The company recorded a net loss of $0.7 million for the first quarter of 2025, an improvement from the $1.1 million net loss reported for the first quarter of 2024. Adjusted EBITDA loss was $0.7 million for the first quarter of 2025, compared to a loss of $1.2 million in the same period of 2024. As of March 31, 2025, Oblong Inc. held $4.3 million in cash and cash equivalents, with no debt. Subsequent to the end of the first quarter, the company raised an additional $0.5 million from common stock warrant exercises. 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