Oblong, Inc. (OBLG)

NASDAQ: OBLG · IEX Real-Time Price · USD
0.155
+0.002 (1.44%)
Feb 26, 2024, 1:09 PM EST - Market open

Total Valuation

Oblong has a market cap or net worth of $2.56 million. The enterprise value is -$4.17 million.

Market Cap 2.56M
Enterprise Value -4.17M

Important Dates

The next estimated earnings date is Tuesday, March 19, 2024, after market close.

Earnings Date Mar 19, 2024
Ex-Dividend Date n/a

Share Statistics

Oblong has 16.68 million shares outstanding. The number of shares has increased by 67.70% in one year.

Shares Outstanding 16.68M
Shares Change (YoY) +67.70%
Shares Change (QoQ) +39.24%
Owned by Insiders (%) 0.99%
Owned by Institutions (%) 2.79%
Float 14.92M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.60
Forward PS n/a
PB Ratio 0.38
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 5.92, with a Debt / Equity ratio of 0.01.

Current Ratio 5.92
Quick Ratio 5.41
Debt / Equity 0.01
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -98.59

Financial Efficiency

Return on equity (ROE) is -99.80% and return on invested capital (ROIC) is -67.00%.

Return on Equity (ROE) -99.80%
Return on Assets (ROA) -75.40%
Return on Capital (ROIC) -67.00%
Revenue Per Employee $195,091
Profits Per Employee -$247,182
Employee Count 22
Asset Turnover 0.60
Inventory Turnover 4.99

Taxes

In the past 12 months, Oblong has paid $23,000 in taxes.

Income Tax 23,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -92.60% in the last 52 weeks. The beta is 3.16, so Oblong's price volatility has been higher than the market average.

Beta (1Y) 3.16
52-Week Price Change -92.60%
50-Day Moving Average 0.17
200-Day Moving Average 0.67
Relative Strength Index (RSI) 40.09
Average Volume (30 Days) 1,191,049

Short Selling Information

The latest short interest is 281,216, so 1.69% of the outstanding shares have been sold short.

Short Interest 281,216
Short Previous Month 325,355
Short % of Shares Out 1.69%
Short % of Float 1.89%
Short Ratio (days to cover) 0.27

Income Statement

In the last 12 months, Oblong had revenue of $4.29 million and -$5.44 million in losses. Loss per share was -$2.25.

Revenue 4.29M
Gross Profit 918,000
Operating Income -4.49M
Pretax Income -4.38M
Net Income -5.44M
EBITDA -3.83M
EBIT -4.34M
Loss Per Share -$2.25
Full Income Statement

Balance Sheet

The company has $6.77 million in cash and $43,000 in debt, giving a net cash position of $6.72 million or $0.40 per share.

Cash & Cash Equivalents 6.77M
Total Debt 43,000
Net Cash 6.72M
Net Cash Per Share $0.40
Equity / Book Value 6.66M
Book Value Per Share 0.40
Working Capital 6.30M
Full Balance Sheet

Cash Flow

Operating Cash Flow -3.35M
Capital Expenditures n/a
Free Cash Flow -3.35M
FCF Per Share -$0.97
Full Cash Flow Statement

Margins

Gross margin is 21.39%, with operating and profit margins of -104.66% and -126.70%.

Gross Margin 21.39%
Operating Margin -104.66%
Pretax Margin -102.10%
Profit Margin -126.70%
EBITDA Margin -89.33%
EBIT Margin -101.07%
FCF Margin -77.96%

Dividends & Yields

Oblong does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -67.70%
Shareholder Yield -67.70%
Earnings Yield -212.75%
FCF Yield -130.90%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on January 4, 2023. It was a reverse split with a ratio of 1:15.

Last Split Date Jan 4, 2023
Split Type Reverse
Split Ratio 1:15

Scores

Oblong has an Altman Z-Score of -38.98 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -38.98
Piotroski F-Score 3