Trade Oblong Inc. - OBLG CFD

Trading Conditions
Spread0.05
Long position overnight fee
Long position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-$1.05)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
($0.16)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close0.39
Open0.39
1-Year ChangeN/A
Day's Range0.39 - 0.4

Oblong Inc. Company profile

About Oblong Inc

Oblong Inc., formerly Glowpoint, Inc., delivers visual solutions for collaboration and computing environments. The Company’s flagship product Mezzanine is the technology platform that defines the computing: simultaneous multi-user, multi-screen, multi-device, multi-location for dynamic and immersive visual collaboration. The Company’s products include Mezzanine 200 Series, Mezzanine 300 Series, Mezzanine 600 Series and Mezzanine 650 Series. Mezzanine transforms routine meetings and workflows into agile, engaging experiences by making data visible and accessible in a collaborative setting. Mezz-In is a content-sharing experience. Mezzanine enables multiple, concurrent pieces of content to be shared, manipulated, created and captured across distance. It serves various industries, digital business consulting, federal agency, financial services, healthcare, pharmaceutical, marketing and advertising and oil & gas.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Oblong Inc revenues decreased 49% to $5.8M. Net loss applicable to common stockholders decreased 19% to $7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Research and development decrease of 80% to $599K (expense), Sales and marketing decrease of 59% to $1.1M (expense), Interest and other expense.

Equity composition

Common Stock $.0004 Par, 04/11, 150M auth., 21,453,604 issd., Insiders control 9.93%. Preferred Stock Ser.A $.0001 Par,8K auth., 1,097 issd. Preferred Stock Ser.B $.0001 Par, 100K auth., 100 issd. 10/05, Co. delisted from NASDAQ to OTC Pink Sheets. 01/11, 1-for-4 reverse split.