Oblong Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Revenue Steady at $0.6 Million, Net Loss Improves to $0.6 Million, Adjusted EBITDA Loss Narrows to $0.7 Million
Oblong Inc. (Nasdaq: OBLG), a digital asset treasury company, announced its financial results for the second quarter of 2025, ending June 30. The company reported a revenue of $0.6 million, consistent with the same period in 2024. The net loss for Q2 2025 was $0.6 million, an improvement from the $1.0 million net loss reported in Q2 2024. The adjusted EBITDA loss also improved to $0.7 million, compared to a $1.0 million loss in the prior year. Oblong highlighted its strategic investment in Bittensor's TAO token, with a $1.7 million purchase of 5,025 TAO tokens during the quarter and an additional $6.35 million investment post-Q2 to acquire 16,506 more tokens. This brings the total to 21,613 tokens, all staked to generate revenue and support Bittensor's decentralized AI network. The company is exploring partnerships to develop AI-driven technologies within the Bittensor ecosystem, aligning its treasury and operational goals. As of June 30, 2025, Oblong held $10.8 million in cash and cash equivalents and maintained zero debt. The company remains committed to leveraging its TAO treasury to drive financial returns and advance decentralized AI innovation.
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: 20250814220077) on August 14, 2025, and is solely responsible for the information contained therein.
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