Oblong Inc. posts Q3 revenue of $0.6 million and net loss of $2.3 million

Reuters
11/13
Oblong Inc. posts Q3 revenue of $0.6 million and net loss of $2.3 million

Oblong Inc. reported third quarter 2025 financial results with revenue of $0.6 million, a 4% increase from the prior-year period. The company recorded a net loss of $2.3 million, compared to a net loss of $1.0 million in the same quarter last year, reflecting a $1.5 million unrealized loss on TAO token revaluation. Adjusted EBITDA loss narrowed by 26% year-over-year to $0.7 million. Oblong ended the quarter with $3.7 million in cash and cash equivalents and 21,822 TAO tokens valued at $6.6 million, totaling $10.3 million in liquid assets. The company acquired 16,517 TAO tokens during the quarter at an average price of $384 per token and earned 274 TAO in staking rewards, representing $97,000 of revenue and an annualized yield of approximately 6%. All TAO tokens remain fully staked on the Bittensor network. As of November 12, 2025, Oblong holds 21,943 TAO tokens with a market value of approximately $8.0 million.

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: 20251113487942) on November 13, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10