Oblong, Inc. Files 2024 Annual Report
Ticker: TWAV · Form: 10-K · Filed: Mar 18, 2025 · CIK: 746210
| Field | Detail |
|---|---|
| Company | Oblong, Inc. (TWAV) |
| Form Type | 10-K |
| Filed Date | Mar 18, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, financials, preferred-stock
TL;DR
Oblong Inc. 10-K filed. Financials for FY24 out. Check it.
AI Summary
Oblong, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The company, formerly known as GlowPoint, Inc., is based in Denver, CO. The filing details its financial performance and business operations, including information on its stock and warrants.
Why It Matters
This 10-K filing provides a comprehensive overview of Oblong, Inc.'s financial health and strategic direction for investors and stakeholders.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant new risks.
Key Numbers
- 573,555 — Shares Outstanding (As of the reporting period.)
- 150,000,000 — Authorized Shares (Total shares the company can issue.)
- 1,144,926 — Total Assets (As of December 31, 2024.)
- 573,644 — Total Liabilities (As of December 31, 2024.)
- 545 — Number of Stockholders (As of the reporting period.)
Key Players & Entities
- Oblong, Inc. (company) — Filer of the 10-K
- GlowPoint, Inc. (company) — Former name of Oblong, Inc.
- 2024-12-31 (date) — Fiscal year end
- Denver, CO (location) — Company headquarters
- $11.168 (dollar_amount) — Floor price for Series F Preferred Stock conversion
FAQ
What was Oblong, Inc.'s total revenue for the fiscal year 2024?
The provided excerpt does not explicitly state the total revenue for fiscal year 2024. It focuses on balance sheet items and stock information.
What is the significance of the 'Make Whole Provision' mentioned in relation to Series F Preferred Warrants?
The 'Make Whole Provision' affects the exercise price calculation for Series F Preferred Warrants, as indicated by the note regarding the original aggregate exercise price divided by the Make Whole Provision exercise price.
What is the floor price for the conversion of Series F Preferred Stock into Common Stock?
The floor price for the conversion of Series F Preferred Stock into Common Stock is $11.168.
When did Oblong, Inc. change its name from GlowPoint, Inc.?
Oblong, Inc. changed its name from GlowPoint, Inc. on August 9, 2011.
What is the company's SIC code and industry classification?
The company's Standard Industrial Classification (SIC) code is 7370, which falls under SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 18, 2025 regarding Oblong, Inc. (TWAV).