Oblong Inc
Oblong, Inc., together with its subsidiaries, provides multi-stream collaboration products and managed services for network solutions and video collaboration in the United States and internationally. The company operates in two segments: Collaboration Products and Managed Services. Its flagship product is Mezzanine, which enables visual collaboration across multi-users, multi-screens, multi-devic… Read more
Oblong Inc (OBLG) - Net Assets
Latest net assets as of September 2025: $9.82 Million USD
Based on the latest financial reports, Oblong Inc (OBLG) has net assets worth $9.82 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.89 Million) and total liabilities ($1.07 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.82 Million |
| % of Total Assets | 90.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | -81.85% |
| 10-Year Change | -37.29% |
| Growth Volatility | 90.35 |
Oblong Inc - Net Assets Trend (1993–2024)
This chart illustrates how Oblong Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Oblong Inc (1993–2024)
The table below shows the annual net assets of Oblong Inc from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.00 Million | -27.23% |
| 2023-12-31 | $5.50 Million | +52.09% |
| 2022-12-31 | $3.62 Million | -85.81% |
| 2021-12-31 | $25.50 Million | +15.60% |
| 2020-12-31 | $22.06 Million | +1.25% |
| 2019-12-31 | $21.79 Million | +218.96% |
| 2018-12-31 | $6.83 Million | -44.30% |
| 2017-12-31 | $12.26 Million | +212.17% |
| 2016-12-31 | $3.93 Million | -38.46% |
| 2015-12-31 | $6.38 Million | -19.88% |
| 2014-12-31 | $7.97 Million | -17.60% |
| 2013-12-31 | $9.67 Million | -25.64% |
| 2012-12-31 | $13.00 Million | +163.22% |
| 2011-12-31 | $4.94 Million | +82.62% |
| 2010-12-31 | $2.71 Million | +134.61% |
| 2009-12-31 | $1.15 Million | +135.89% |
| 2008-12-31 | $-3.21 Million | +81.29% |
| 2007-12-31 | $-17.17 Million | -48.15% |
| 2006-12-31 | $-11.59 Million | -381.95% |
| 2005-12-31 | $-2.40 Million | -111.33% |
| 2004-12-31 | $21.23 Million | +12.82% |
| 2003-12-31 | $18.81 Million | -48.58% |
| 2002-12-31 | $36.59 Million | -46.91% |
| 2001-12-31 | $68.91 Million | +14.79% |
| 2000-12-31 | $60.03 Million | +1767.48% |
| 1999-12-31 | $-3.60 Million | -150.70% |
| 1998-12-31 | $7.10 Million | -14.46% |
| 1997-12-31 | $8.30 Million | +88.64% |
| 1996-12-31 | $4.40 Million | -10.20% |
| 1995-12-31 | $4.90 Million | -12.50% |
| 1994-12-31 | $5.60 Million | +2900.00% |
| 1993-12-31 | $-200.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oblong Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 23207400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $236.28 Million | 5902.50% |
| Total Equity | $4.00 Million | 100.00% |
Oblong Inc Competitors by Market Cap
The table below lists competitors of Oblong Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diablo Resources Limited
PINK:DBORF
|
$2.30 Million |
|
CryptoStar Corp
OTCQB:CSTXF
|
$2.30 Million |
|
Sarfati
TA:SRFT
|
$2.30 Million |
|
Gold By Gold
PA:ALGLD
|
$2.30 Million |
|
Pheton Holdings Ltd Class A Ordinary Shares
NASDAQ:PTHL
|
$2.30 Million |
|
Cleartronic Inc
PINK:CLRI
|
$2.30 Million |
|
Teo Guan Lee Corporation Bhd
KLSE:9369
|
$2.29 Million |
|
Bohra Industries Limited
NSE:BOHRAIND
|
$2.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oblong Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,501,000 to 4,003,000, a change of -1,498,000 (-27.2%).
- Net loss of 4,043,000 reduced equity.
- Dividend payments of 89,000 reduced retained earnings.
- Other factors increased equity by 2,634,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.04 Million | -101.0% |
| Dividends Paid | $89.00K | -2.22% |
| Other Changes | $2.63 Million | +65.8% |
| Total Change | $- | -27.23% |
Book Value vs Market Value Analysis
This analysis compares Oblong Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.23x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $-5714.29 | $1.10 | x |
| 1994-12-31 | $160000.00 | $1.10 | x |
| 1995-12-31 | $46666.67 | $1.10 | x |
| 1996-12-31 | $36666.67 | $1.10 | x |
| 1997-12-31 | $79807.69 | $1.10 | x |
| 1998-12-31 | $34634.15 | $1.10 | x |
| 1999-12-31 | $-17307.69 | $1.10 | x |
| 2000-12-31 | $112625.45 | $1.10 | x |
| 2001-12-31 | $79387.86 | $1.10 | x |
| 2002-12-31 | $30488.53 | $1.10 | x |
| 2003-12-31 | $15332.99 | $1.10 | x |
| 2004-12-31 | $13991.81 | $1.10 | x |
| 2005-12-31 | $-1301.41 | $1.10 | x |
| 2006-12-31 | $-6015.05 | $1.10 | x |
| 2007-12-31 | $-8819.72 | $1.10 | x |
| 2008-12-31 | $-1695.51 | $1.10 | x |
| 2009-12-31 | $522.67 | $1.10 | x |
| 2010-12-31 | $848.49 | $1.10 | x |
| 2011-12-31 | $1268.62 | $1.10 | x |
| 2012-12-31 | $2926.63 | $1.10 | x |
| 2013-12-31 | $1900.35 | $1.10 | x |
| 2014-12-31 | $1370.31 | $1.10 | x |
| 2015-12-31 | $1080.58 | $1.10 | x |
| 2016-12-31 | $661.84 | $1.10 | x |
| 2017-12-31 | $1802.18 | $1.10 | x |
| 2018-12-31 | $854.60 | $1.10 | x |
| 2019-12-31 | $2559.03 | $1.10 | x |
| 2020-12-31 | $2385.83 | $1.10 | x |
| 2021-12-31 | $575.84 | $1.10 | x |
| 2022-12-31 | $70.06 | $1.10 | x |
| 2023-12-31 | $39.33 | $1.10 | x |
| 2024-12-31 | $4.80 | $1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oblong Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -101.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -170.02%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.32x
- Recent ROE (-101.00%) is below the historical average (-57.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 8.93% | 12.20% | 0.51x | 1.45x | $-60.00K |
| 1995 | -12.50% | -5.26% | 1.51x | 1.57x | $-1.26 Million |
| 1997 | 1.20% | 0.20% | 1.93x | 3.11x | $-730.00K |
| 1998 | -39.44% | -4.83% | 2.21x | 3.69x | $-3.51 Million |
| 1999 | 0.00% | -33.52% | 2.15x | 0.00x | $-11.54 Million |
| 2000 | -4.22% | -4.52% | 0.66x | 1.41x | $-8.53 Million |
| 2001 | -21.09% | -16.34% | 0.85x | 1.52x | $-21.42 Million |
| 2002 | -160.07% | -70.78% | 1.35x | 1.68x | $-62.22 Million |
| 2003 | -119.27% | -217.63% | 0.43x | 1.27x | $-24.32 Million |
| 2004 | -82.04% | -108.86% | 0.60x | 1.26x | $-19.54 Million |
| 2005 | 0.00% | -92.66% | 1.96x | 0.00x | $-16.19 Million |
| 2006 | 0.00% | -55.30% | 2.32x | 0.00x | $-9.63 Million |
| 2007 | 0.00% | -24.00% | 2.66x | 0.00x | $-3.75 Million |
| 2008 | 0.00% | -29.81% | 3.42x | 0.00x | $-6.99 Million |
| 2009 | -47.44% | -2.06% | 3.84x | 6.00x | $-662.30K |
| 2010 | -98.45% | -9.67% | 3.29x | 3.09x | $-2.93 Million |
| 2011 | 7.47% | 1.33% | 2.94x | 1.92x | $-125.00K |
| 2012 | 8.08% | 3.62% | 0.99x | 2.25x | $-249.30K |
| 2013 | -43.55% | -12.59% | 1.29x | 2.68x | $-5.18 Million |
| 2014 | -34.58% | -8.57% | 1.42x | 2.84x | $-3.55 Million |
| 2015 | -33.57% | -8.39% | 1.26x | 3.17x | $-2.78 Million |
| 2016 | -89.94% | -18.38% | 1.16x | 4.20x | $-3.93 Million |
| 2017 | 47.18% | 39.09% | 0.96x | 1.26x | $4.56 Million |
| 2018 | -104.95% | -57.08% | 1.58x | 1.17x | $-7.85 Million |
| 2019 | -35.63% | -60.51% | 0.37x | 1.60x | $-9.94 Million |
| 2020 | -33.64% | -48.40% | 0.53x | 1.32x | $-9.63 Million |
| 2021 | -35.50% | -116.95% | 0.27x | 1.12x | $-11.60 Million |
| 2022 | -606.61% | -400.68% | 0.97x | 1.57x | $-22.30 Million |
| 2023 | -79.69% | -115.07% | 0.55x | 1.26x | $-4.93 Million |
| 2024 | -101.00% | -170.02% | 0.45x | 1.32x | $-4.44 Million |
Industry Comparison
This section compares Oblong Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oblong Inc (OBLG) | $9.82 Million | 8.93% | 0.11x | $2.30 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |