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

Reuters11-13

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.

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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. 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