Oblong Inc. (OBLG) financial statements (2022 and earlier)

Company profile

Business Address 25587 CONIFER ROAD
CONIFER, CO 80433
State of Incorp. DE
Fiscal Year End December 31
SIC 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,9395,0584,6022,0073,9461,1401,764
Cash and cash equivalents8,9395,0584,6022,0073,9461,1401,764
Restricted cash and investments61158   18 
Receivables8493,1662,5431,3711,2301,6352,734
Inventory, net of allowances, customer advances and progress billings1,8219201,816    
Inventory1,8219201,816    
Prepaid expense340663548321415518290
Deferred costs      14
Other current assets48028209    
Other undisclosed current assets261 208226290442285
Total current assets:12,7519,9939,9263,9255,8813,7535,087
Noncurrent Assets
Operating lease, right-of-use asset6599033,117
Property, plant and equipment1595731,3167281,1592,2032,986
Intangible assets, net (including goodwill)14,92917,50720,4793,2948,37610,53412,003
Goodwill7,3677,3677,9072,7957,7509,2259,825
Intangible assets, net (excluding goodwill)7,56210,14012,5724996261,3092,178
Other noncurrent assets1091677115810155
Total noncurrent assets:15,85619,15024,9834,0379,54312,74715,144
TOTAL ASSETS:28,60729,14334,9097,96215,42416,50020,231
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2181,5142,3991,1321,3401,2871,913
Accounts payable25931364722233775385
Accrued liabilities9591,2011,7529101,0031,1651,492
Interest and dividends payable     4736
Deferred revenue7831,2171,901
Debt 2,0143,958 1,19410,660400
Other undisclosed current liabilities492830  259395441
Total current liabilities:2,4935,5758,2581,1322,79312,3422,754
Noncurrent Liabilities
Long-term debt and lease obligation2361,0054,863 369 10,785
Long-term debt, excluding current maturities 4032,843 369 10,785
Operating lease, liability2366022,020
Liabilities, other than long-term debt3815063  230309
Deferred revenue381506 
Deferred tax liabilities, net  230309
Other liabilities  3    
Total noncurrent liabilities:6171,5114,866 36923011,094
Total liabilities:3,1107,08613,1241,1323,16212,57213,848
Stockholders' equity
Stockholders' equity attributable to parent, including:25,49722,05721,7856,83012,2623,9286,383
Common stock3115544
Treasury stock, value(181)(181)(165)(496)(352)(219)(206)
Additional paid in capital227,581215,092207,383184,994183,114180,333179,242
Accumulated deficit(201,906)(192,855)(185,434)(177,673)(170,505)(176,290)(172,757)
Other undisclosed stockholders' equity attributable to parent     100100
Total stockholders' equity:25,49722,05721,7856,83012,2623,9286,383
TOTAL LIABILITIES AND EQUITY:28,60729,14334,9097,96215,42416,50020,231

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues7,73915,33312,82712,55714,79919,21825,541
Revenue, net14,79919,21825,541
Cost of revenue(5,021)(7,280)(7,427)(7,589)(9,754)(12,799)(16,194)
Cost of goods and services sold(5,021)(7,280)(7,427)    
Gross profit:2,7188,0535,4004,9685,0456,4199,347
Operating expenses(14,512)(18,117)(12,974)(11,708)(7,412)(8,504)(9,836)
Operating loss:(11,794)(10,064)(7,574)(6,740)(2,367)(2,085)(489)
Nonoperating income (expense)2,6532,746(187)(415)7,922(1,527)(1,484)
Interest and debt expense2,4483,117(90)1659,045(72)(1,397)
Income (loss) from continuing operations before equity method investments, income taxes:(6,693)(4,201)(7,851)(6,990)14,600(3,684)(3,370)
Other undisclosed income (loss) from continuing operations before income taxes(2,448)(3,117)90(165)   
Income (loss) from continuing operations before income taxes:(9,141)(7,318)(7,761)(7,155)14,600(3,684)(3,370)
Income tax expense (benefit)90(103) (13)23079(170)
Net income (loss):(9,051)(7,421)(7,761)(7,168)14,830(3,605)(3,540)
Other undisclosed net income (loss) attributable to parent    (9,045)721,397
Net income (loss) attributable to parent:(9,051)(7,421)(7,761)(7,168)5,785(3,533)(2,143)
Preferred stock dividends and other adjustments(704)(805)(27)(12)(70)(12)(18)
Net income (loss) available to common stockholders, diluted:(9,755)(8,226)(7,788)(7,180)5,715(3,545)(2,161)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(9,051)(7,421)(7,761)(7,168)14,830(3,605)(3,540)
Comprehensive income (loss), net of tax, attributable to parent:(9,051)(7,421)(7,761)(7,168)14,830(3,605)(3,540)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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