Oblong | 8-K: FY2025 Q3 Revenue: USD 601 K

Revenue: As of FY2025 Q3, the actual value is USD 601 K.

EBIT: As of FY2025 Q3, the actual value is USD -831 K.

Financial Highlights

• Revenue: Oblong, Inc. reported revenue of $0.6 million for Q3 2025, marking a 4% increase from the prior-year period.
• Net Loss: The company experienced a net loss of $2.3 million, compared to a $1.0 million loss in the same period last year, primarily due to a $1.5 million unrealized loss on TAO token revaluation.
• Adjusted EBITDA: The adjusted EBITDA loss narrowed by 26% year-over-year to $0.7 million.

Treasury and Staking Operations

• TAO Tokens: Oblong invested $6.3 million to acquire 16,517 TAO tokens during Q3 at an average price of $384 per token. The company earned 274 TAO in staking rewards, representing $97,000 of revenue and an annualized yield of approximately 6%.
• Total Holdings: As of November 12, 2025, Oblong holds 21,943 TAO tokens, valued at approximately $8.0 million.

Cash Flow and Balance Sheet

• Cash and Equivalents: The company maintains a debt-free balance sheet with $3.7 million in cash and cash equivalents, plus 21,822 TAO tokens valued at $6.6 million, totaling $10.3 million in liquid assets.

Outlook / Guidance

• Bittensor Network: The Bittensor ecosystem is advancing with significant upgrades, including dynamic subnet capacity and cross-subnet messaging, enhancing scalability and performance. The upcoming block-reward halving in December 2025 is expected to be a pivotal event for the network’s tokenomics.