Oblong, Inc. (OBLG): Modelo de negócios Canvas [Jan-2025 Atualizado]

Na paisagem em rápida evolução da computação espacial e tecnologia colaborativa, a Oblong, Inc. (OBLG) surge como uma força pioneira, revolucionando a maneira como as empresas interagem com os espaços de trabalho digitais. Ao misturar perfeitamente plataformas inovadoras de várias telas, interfaces baseadas em gestos e tecnologias de visualização de ponta, o oblongo está transformando paradigmas tradicionais de computação em experiências imersivas e intuitivas que redefinem a colaboração do local de trabalho e a interação tecnológica.

Oblong, Inc. (OBLG) - Modelo de negócios: parcerias -chave

Colaboração estratégica com empresas de tecnologia corporativa

A partir de 2024, a Oblong, Inc. estabeleceu parcerias estratégicas com as seguintes empresas de tecnologia corporativa:

Empresa parceira	Foco em parceria	Ano de colaboração
Sistemas Cisco	Soluções imersivas de colaboração	2022
Microsoft Corporation	Integração de computação espacial	2023

Parceria com instituições de pesquisa

Oblrong, Inc. colabora com instituições de pesquisa especializadas em desenvolvimento de computação espacial:

• Instituto de Tecnologia de Massachusetts (MIT) Laboratório de Mídia
• Centro de Pesquisa de Realidade Virtual da Universidade de Stanford
• Carnegie Mellon University Robotics Institute

Acordos de licenciamento

Fabricante	Tipo de licença	Receita anual de licença
Dell Technologies	Licença de integração de hardware	US $ 1,2 milhão
HP Inc.	Licença de implantação de software	$850,000

Joint ventures em tecnologia de colaboração imersiva

As parcerias atuais de joint venture incluem:

• Ventuos de robótica colaborativa - Desenvolvimento de interface de computação espacial
• Sistemas de visualização avançada - Plataformas de interação multi-usuários

Receita total relacionada à parceria para 2024: US $ 4,7 milhões

Oblong, Inc. (OBLG) - Modelo de negócios: Atividades -chave

Desenvolvimento de plataformas de computação colaborativa de várias telas

As indústrias oblongas se concentram na criação de plataformas avançadas de computação colaborativa de várias telas com parâmetros tecnológicos específicos:

Métrica da plataforma	Especificação
Conectividade da tela	Até 12 telas simultâneas
Reconhecimento de gestos	99,7% da taxa de precisão
Velocidade de transferência de dados	10 Gbps

Pesquisa e desenvolvimento de tecnologias de computação espacial

Detalhes do investimento em P&D:

Métrica de P&D	2023 dados
Despesas anuais de P&D	US $ 3,2 milhões
Aplicações de patentes	7 novas patentes arquivadas
Tamanho da equipe de pesquisa	24 engenheiros

Engenharia de software para sistemas de exibição interativos

• Desenvolvido o ambiente operacional espacial proprietário da fala G
• Estruturas de interface criadas para colaboração corporativa
• Algoritmos de aprendizado de máquina implementados para rastreamento de gestos

Design de produtos e prototipagem de interfaces baseadas em gestos

Métricas de desenvolvimento de protótipo:

Métrica de design	2023 desempenho
Iterações de protótipo	12 ciclos completos de design
Composição da equipe de design	18 engenheiros de design
Custo de desenvolvimento de protótipo	US $ 1,7 milhão

Oblong, Inc. (OBLG) - Modelo de negócios: Recursos -chave

Propriedade intelectual de reconhecimento de gestos proprietários

A partir do quarto trimestre 2023, oblonga possui 17 patentes ativas relacionadas à tecnologia de reconhecimento de gestos. Avaliação do portfólio de patentes estimada em US $ 4,3 milhões.

Categoria de patentes	Número de patentes	Valor estimado
Reconhecimento de gestos	17	US $ 4,3 milhões

Talento especializado em engenharia de software

Força de trabalho de engenharia total: 42 funcionários em dezembro de 2023.

• Engenheiros de software: 28
• Engenheiros de Pesquisa Sênior: 9
• Especialistas em aprendizado de máquina: 5

Recursos avançados de design de hardware

Investimento de infraestrutura de design de hardware em 2023: US $ 1,2 milhão.

Recurso de design	Quantidade	Investimento
Estações de trabalho de design	24	$480,000
Equipamento de prototipagem	6	$720,000

Tecnologias de computação espacial patenteadas

Contagem de patentes de computação espacial: 12 patentes ativos. Despesas totais de P&D em computação espacial: US $ 3,7 milhões em 2023.

Infraestrutura de pesquisa e desenvolvimento

Orçamento de P&D para 2023: US $ 5,6 milhões, representando 38% da receita total da empresa.

Categoria de investimento em P&D	Quantia	Porcentagem de receita
Orçamento total de P&D	US $ 5,6 milhões	38%

Oblong, Inc. (OBLG) - Modelo de negócios: proposições de valor

Soluções inovadoras de espaço de trabalho interativas multi-telonas

A plataforma Mezzanine da Oblong oferece tecnologia colaborativa em nível empresarial com as seguintes especificações:

Especificação	Detalhes técnicos
Configuração da tela	Até 8 telas simultâneas
Capacidade de resolução	Definição Ultra-Alta 4K
Intervalo de colaboração	Suporte para equipes remotas e no local

Experiências de computação colaborativa aprimoradas

Os principais recursos colaborativos incluem:

• Compartilhamento de conteúdo em tempo real em vários dispositivos
• Recursos de interação baseados em gestos
• Videoconferência integrada

Tecnologias de visualização transformadora para empresa

Métricas de tecnologia corporativa:

Métrica	Valor
Investimento anual de P&D	US $ 3,2 milhões
Portfólio de patentes	17 patentes ativas
Base de clientes corporativos	42 empresas da Fortune 500

Design de interface baseado em gestos intuitivos

Recursos de tecnologia de interface:

• Reconhecimento de vários toques
• Rastreamento de gestos aprimorado pelo aprendizado de máquina
• Protocolos de interação de baixa latência

Plataformas avançadas de computação espacial

Métricas de desempenho de computação espacial:

Parâmetro de desempenho	Especificação
Velocidade de processamento	120 quadros por segundo
Latência	Menos de 20 milissegundos
Suporte simultâneo ao usuário	Até 6 usuários simultâneos

Oblong, Inc. (OBLG) - Modelo de negócios: relacionamentos com o cliente

Engajamento de vendas da empresa direta

A partir do quarto trimestre de 2023, a Oblong, Inc. registrou 37 contratos de clientes diretos com um valor médio de contrato de US $ 284.000. A equipe de vendas da empresa consiste em 8 representantes de vendas dedicados direcionados aos setores de tecnologia especializados.

Segmento de clientes	Número de contratos	Valor médio do contrato
Tecnologia corporativa	22	$412,500
Instituições de pesquisa	9	$215,000
Agências governamentais	6	$356,000

Suporte técnico para implementação

A equipe de suporte técnico compreende 12 engenheiros especializados com um tempo médio de resposta de 2,4 horas para questões críticas.

• Canais de suporte dedicados 24/7
• Assistência de implementação remota e no local
• Gerentes de contas técnicas dedicadas

Design de solução personalizado

Ofertas oblongas Arquitetura de solução personalizada com 67% dos clientes corporativos recebendo configurações de tecnologia personalizadas. Tempo médio de personalização: 3-4 semanas.

Serviços de treinamento e integração

Os programas de treinamento incluem:

• Treinamento liderado por instrutor virtual
• Documentação abrangente
• Tutoriais em vídeo sob demanda

Tipo de treinamento	Duração	Custo por sessão
Integração básica	4 horas	$1,200
Configuração avançada	8 horas	$2,500
Treinamento personalizado corporativo	16 horas	$5,000

Consultas de aprimoramento de produtos em andamento

Consultas de aprimoramento de produtos realizadas trimestralmente, com 42 consultas programadas em 2023. Taxa de integração de feedback do cliente: 63%.

Oblong, Inc. (OBLG) - Modelo de Negócios: Canais

Equipe de vendas da empresa direta

A partir do quarto trimestre 2023, a equipe de vendas corporativas direta da Oblong consistia em 12 profissionais de vendas dedicados direcionando clientes em nível empresarial em setores colaborativos de computação e tecnologia imersiva.

Métrica do canal de vendas	2023 dados
Tamanho da equipe de vendas corporativo	12 profissionais
Valor médio do contrato corporativo	$157,000
Taxa de conversão de vendas	18.5%

Exposições da Conferência de Tecnologia

Oblong participou de 7 principais conferências de tecnologia em 2023, incluindo:

• Infocomm 2023
• NAB Show
• Siggraph
• Show Electronics de consumo (CES)

Demonstrações de produtos on -line

Métricas de demonstração de produtos digitais para 2023:

Métrica de demonstração online	2023 desempenho
Demonstrações online totais	124 sessões virtuais
Engajamento médio do espectador	42 minutos por sessão
Taxa de conversão de demos	12.3%

Redes de parceria de tecnologia

Parcerias de tecnologia ativa: 6 Colaborações de tecnologia estratégica em dezembro de 2023

• Parcerias de integração de sistemas Cisco
• Acordos de tecnologia colaborativa da Microsoft
• Policom Communication Platform Partnerships

Plataformas de marketing digital

Canal de marketing digital	2023 Métricas de engajamento
Marketing do LinkedIn	37.500 seguidores
Tráfego do site	82.300 visitantes mensais únicos
Gasto de anúncios digitais	US $ 214.000 anualmente

Oblong, Inc. (OBLG) - Modelo de negócios: segmentos de clientes

Departamentos de Tecnologia da Enterprise Grandes

A partir do quarto trimestre de 2023, a Oblong, Inc. tem como alvo os departamentos de tecnologia corporativa com orçamentos anuais de TI que variam de US $ 5 milhões a US $ 250 milhões. A base de clientes da empresa neste segmento inclui 127 empresas da Fortune 1000 utilizando suas tecnologias de visualização colaborativa.

Métricas do segmento corporativo	2023 dados
Total de clientes corporativos	127
Valor médio do contrato	$487,000
Penetração na fortuna 1000	12.7%

Organizações de pesquisa e desenvolvimento

Oblong atende 83 organizações de pesquisa e desenvolvimento em vários setores, com uma concentração em indústrias de tecnologia, aeroespacial e farmacêutica.

• Total de P&D Clientes: 83
• Investimento de tecnologia anual média: US $ 1,2 milhão
• Setores servidos: tecnologia, aeroespacial, farmacêutica

Empresas de produção de mídia

No segmento de produção de mídia, oblongo garantiu contratos com 46 organizações de mídia profissional, com um valor médio de contrato de US $ 215.000.

Segmento de produção de mídia	2023 Métricas
Total de clientes de mídia	46
Valor médio do contrato	$215,000
Concentração geográfica	65% da América do Norte

Indústrias de visualização avançada

Os metas oblongas -alvo de mercados avançados de visualização com 62 clientes especializados em domínios de arquitetura, engenharia e visualização científica.

• Total de clientes de visualização avançada: 62
• Indústrias primárias: arquitetura, engenharia, pesquisa científica
• Investimento de tecnologia média por cliente: US $ 673.000

Agências de tecnologia do governo

A Companhia garantiu 39 contratos com agências de tecnologia do governo federal, estadual e local, com um valor total do contrato de US $ 18,4 milhões em 2023.

Segmento de tecnologia do governo	2023 dados
Total de clientes do governo	39
Valor total do contrato	US $ 18,4 milhões
Nível de liberação de segurança	Top Secret capaz

Oblong, Inc. (OBLG) - Modelo de negócios: estrutura de custos

Despesas de pesquisa e desenvolvimento

Para o ano fiscal de 2023, a Oblong, Inc. relatou despesas de pesquisa e desenvolvimento de US $ 3.475.000, representando um investimento significativo em inovação tecnológica.

Ano fiscal	Despesas de P&D	Porcentagem de receita
2023	$3,475,000	42.3%
2022	$4,102,000	38.7%

Custos de engenharia de hardware e software

A empresa alocou US $ 2.650.000 especificamente para engenharia de hardware e software em 2023.

• Tamanho da equipe de engenharia: 37 funcionários em tempo integral
• Salário médio de engenharia: US $ 115.000 por ano
• Custos totais de pessoal de engenharia: US $ 4.255.000

Manutenção da propriedade intelectual

A Oblong, Inc. gastou US $ 412.000 em manutenção da propriedade intelectual e despesas relacionadas a patentes em 2023.

Categoria IP	Número de patentes	Custo de manutenção
Patentes ativas	24	$412,000

Investimentos de vendas e marketing

As despesas de vendas e marketing da Oblong, Inc. totalizaram US $ 1.987.000 em 2023.

• Orçamento de marketing digital: US $ 675.000
• Feira de feira e despesas da conferência: US $ 412.000
• Compensação da equipe de vendas: US $ 900.000

Sobrecarga administrativa

A sobrecarga administrativa da Oblong, Inc. foi de US $ 1.345.000 no ano fiscal de 2023.

Categoria de sobrecarga	Quantidade de despesa
Compensação executiva	$687,000
Instalações de escritório	$428,000
Legal e conformidade	$230,000

Oblong, Inc. (OBLG) - Modelo de negócios: fluxos de receita

Licenciamento de software corporativo

A receita de licenciamento de software corporativo da Oblong para 2023 foi de US $ 3,2 milhões, representando uma redução de 12% em relação ao ano anterior.

Categoria de licenciamento de software	Receita anual
Licenças de software corporativo	$3,200,000
Licenças colaborativas de espaço de trabalho	$1,750,000

Vendas de produtos de hardware

As vendas de produtos de hardware geraram US $ 2,5 milhões em receita durante 2023.

• Sistemas de exibição colaborativa: US $ 1.350.000
• Hardware de computação imersiva: US $ 850.000
• Dispositivos de interação periférica: US $ 300.000

Serviços profissionais e consultoria

A receita de serviços profissionais totalizou US $ 1,8 milhão em 2023.

Tipo de serviço	Receita
Consultoria de Implementação de Tecnologia	$1,200,000
Serviços de treinamento e suporte	$600,000

Acordos de parceria de tecnologia

Os acordos de parceria de tecnologia contribuíram com US $ 750.000 para a receita da Oblong em 2023.

• Parcerias de tecnologia estratégica: US $ 500.000
• Acordos de colaboração de integração: US $ 250.000

Acesso em andamento de plataforma baseado em assinatura

O acesso à plataforma baseado em assinatura gerou US $ 1,1 milhão em receita recorrente para 2023.

Camada de assinatura	Receita anual
Acesso à plataforma padrão	$650,000
Acesso à plataforma corporativa	$450,000

Oblong, Inc. (OBLG) - Canvas Business Model: Value Propositions

You're looking at the core reasons why customers and stakeholders engage with Oblong, Inc. as of late 2025. It's a dual focus: leveraging a digital asset treasury strategy and maintaining the established collaboration technology.

Direct, managed exposure to the high-growth decentralized AI sector

Oblong, Inc. provides direct exposure to the decentralized AI sector through its treasury strategy centered on the Bittensor network's native asset, $TAO. The company views this as pioneering a strategy that leverages $TAO to drive financial returns and decentralized AI innovation. The global AI market is estimated at 750 billion dollars in 2025, with growth projections around 19 to 30% yearly through the next decade. Oblong, Inc. has committed significant capital to this area.

Here's a snapshot of the digital asset treasury:

Metric	Value as of September 30, 2025	Value as of November 12, 2025
Total $TAO Tokens Held	21,822	21,943
Reported Market Value of $TAO	$6.6 million	Approximately $8.0 million
Cash and Cash Equivalents	$3.7 million	Not specified
Total Liquid Assets	$10.3 million	Not specified

Generating yield through staking rewards (annualized ~6% in Q3 2025)

The value proposition here is generating passive yield by putting the digital assets to work. All $TAO tokens held by Oblong, Inc. remain fully staked in the Bittensor network to support decentralized AI infrastructure while generating rewards. This active management is a key part of the treasury function.

For the third quarter ended September 30, 2025, the staking operations yielded concrete results:

• Staking rewards earned: 274 TAO.
• Revenue generated from staking rewards: $97,000.
• Annualized yield on average holdings for Q3 2025: Approximately 6%.

Immersive, multi-stream visual collaboration via the Mezzanine platform

The Mezzanine platform transforms routine meetings into agile, engaging experiences by making data visible and accessible in a collaborative setting. It supports simultaneous multi-user, multi-screen, and multi-device interaction. While the company has paused investments in this segment until market demand warrants a renewed focus, the product's core value proposition remains strong, as evidenced by historical usage patterns.

Historical usage metrics from when meeting participants share content streams on Mezzanine show a high demand for concurrent data visualization:

• Percentage of time two or more content streams are shared simultaneously: more than 60%.
• Percentage of time four or more content streams are shared simultaneously: 25%.

The platform has demonstrated significant time savings for enterprise users; for example, one customer, Hines (Construction), reduced a five-week effort to a five-hour effort by enabling collaboration and simultaneous data display across multiple screens. IBM Security integrates the technology into its Ex-Force Command Center for optimized situational awareness.

Financial stability with a zero debt balance sheet

A core element of the value proposition to investors is the company's conservative financial structure. You can see this clearly in the balance sheet reporting for the end of Q3 2025. This structure is designed to provide a clear runway and operational flexibility.

Financial stability metrics as of September 30, 2025, include:

• Debt balance sheet status: Zero debt.
• Cash and cash equivalents: $3.7 million.
• Working capital: $9.82 million.

The company secured $9.04 million in net cash from financing activities year-to-date through September 30, 2025, primarily from private placements and warrant exercises.

Liquidity and security through a professionally managed digital asset treasury

Liquidity is maintained through a combination of fiat cash and the professionally managed digital asset treasury. Security is addressed by ensuring all $TAO tokens are fully staked, which supports the underlying decentralized AI network. The total liquid assets provide a buffer against market volatility and operational needs.

The total liquid assets position as of September 30, 2025, was $10.3 million. This figure is composed of the cash position and the reported value of the $TAO holdings. The company reported revenue of $0.6 million for Q3 2025, an increase of 4% from the prior-year period. The Adjusted EBITDA loss for Q3 2025 narrowed 26% year-over-year to $0.7 million.

Oblong, Inc. (OBLG) - Canvas Business Model: Customer Relationships

You're managing customer relationships for Oblong, Inc. (OBLG) right now, and honestly, the focus has dramatically shifted. The relationship with your legacy enterprise customers using Mezzanine is now secondary to the relationship with the capital markets, driven by the new digital asset treasury strategy.

Investor Relations focus for institutional and retail shareholders

Investor communication, as of late 2025, centers on the pivot to decentralized AI via the Bittensor ($TAO) treasury. The September 10, 2025, shareholder letter emphasized that this strategy offers unmatched opportunities for retail and institutional investors. The stock price as of December 1, 2025, was $2.00 / share, a drop from $3.49 / share on December 2, 2024.

Institutional engagement is tracked via SEC filings, showing a base of ownership that is actively being courted with the new narrative. As of September 30, 2025, 28 institutional owners had filed 13D/G or 13F forms, holding a total of 318,917 shares. The relationship management here means transparent reporting on the TAO holdings and staking performance, which is now the core value driver.

Here's a look at the top institutional holders as of the end of Q3 2025:

Owner Name	Date	Shares Held	Change (Shares)
DRW Securities, LLC	9/30/2025	84,342	New
Renaissance Technologies Llc	9/30/2025	59,300	+44,906
Boothbay Fund Management, Llc	9/30/2025	46,700	New
Vanguard Group Inc	9/30/2025	29,294	New
Two Sigma Investments, Lp	9/30/2025	22,584	New

Automated staking and reward generation on the Bittensor network

This is the primary operational focus now, directly impacting customer relationships with shareholders. Oblong, Inc. maintains all of its TAO tokens fully staked in the Bittensor network to support decentralized AI infrastructure and generate rewards. As of November 12, 2025, the total holding stood at 21,943 TAO tokens, valued at approximately $8.0 million. This treasury strategy is designed to offer exposure to AI-based blockchain protocols for investors.

The automated nature of the staking provides a consistent, if variable, return stream. For the third quarter ended September 30, 2025, the company earned 274 TAO in staking rewards, which translated to $97,000 of revenue. This represented an annualized yield of approximately 6% on average holdings for that quarter. The total liquid assets at the end of Q3 2025 were $10.3 million, composed of $3.7 million in cash and cash equivalents plus the $TAO holdings valued at $6.6 million. The relationship here is one of active stewardship over a decentralized asset, with updates provided transparently to keep investors informed ahead of key network events, like the expected mid-December 2025 block-reward halving.

Dedicated sales and support for existing enterprise Mezzanine customers

The legacy customer base for the Mezzanine platform, which enables visual collaboration across multiple users and devices, is still serviced, but the growth focus has moved. Oblong supplies Mezzanine systems to Fortune 500 and enterprise customers. The company operates in two segments: Collaboration Products (Mezzanine) and Managed Services. Revenue from this segment, combined with others, was $0.6 million in Q3 2025, marking a 4% increase year-over-year. Revenue for Q2 2025 was also reported at $0.6 million. While dedicated sales and support exist, the company's strategic communications emphasize the transition away from this core business toward digital assets.

Key metrics related to the legacy business as of late 2025 include:

• Q3 2025 Revenue: $0.6 million.
• Year-over-Year Q3 Revenue Growth: 4%.
• Total Employees (as of a prior report): 47 full-time employees.

High-touch M&A outreach for strategic targets

The relationship with potential acquisition targets is a key part of the forward-looking strategy, though specific late-2025 outreach details aren't public. In May 2025, the CEO confirmed the company was 'aggressively pursuing high-growth M&A opportunities,' specifically targeting models with recurring revenue, digital currency, and AI-driven innovators. The financial capacity to execute this outreach was supported by a strong balance sheet as of March 31, 2025, showing $4.3 million in cash and zero debt. This cash position was bolstered by a subsequent $7.5 million private placement announced in June 2025, which funded the initial TAO purchases.

The high-touch nature of this outreach is implied by the strategic focus on specific, transformative assets. The company is actively exploring partnerships within the Bittensor ecosystem, which serves as a form of strategic relationship building within the new core market.

Finance: draft 13-week cash view by Friday.

Oblong, Inc. (OBLG) - Canvas Business Model: Channels

You're looking at how Oblong, Inc. (OBLG) gets its message and products out to the world as of late 2025. The channels clearly reflect the company's strategic pivot, balancing its legacy collaboration technology with its new focus on decentralized AI assets.

NASDAQ Stock Exchange (OBLG Ticker) for Investor Access

Access for investors is primarily through the NASDAQ exchange, where the stock trades under the ticker OBLG. This is the main conduit for public capital formation and liquidity for shareholders. As of the end of day on December 5, 2025, the share price was $2.09. The market capitalization, based on a recent report, stood at US$7.28m. Short interest data, reported for the period ending November 14, 2025, showed 20,224 shares sold short, which was an increase of 37.0% from the prior report. This short interest represented 0.67% of the public float. The short interest ratio (days to cover) was calculated at 0.2 days based on the average trading volume of 76,057 shares. The 52-week trading range for OBLG as of early December 2025 was between a low of $1.69 and a high of $5.50.

Here's a quick look at the recent trading snapshot:

Metric	Value as of Late 2025
Closing Price (Dec 5, 2025)	$2.09
52-Week High	$5.50
52-Week Low	$1.69
Market Cap (Recent Report)	US$7.28m
Short Interest (Nov 14, 2025)	20,224 shares

Direct Sales and Partner Network for Mezzanine System Deployment

For the legacy business line, the Mezzanine system, which is a meeting technology platform for simultaneous content sharing, Oblong, Inc. utilizes a mix of direct engagement and established relationships. The company supplies these patented systems to Fortune 500 and other enterprise customers. The channel strategy here involves direct sales conversations to create immersive and interactive environments, such as executive briefing centers and command centers. The company's corporate site explicitly lists sections for partners and customers related to the Mezzanine Series, indicating a structured approach to deployment and support through these established relationships. The value proposition is clearly communicated through case studies, such as one noting a five-hour effort instead of five weeks.

The primary methods for engaging potential enterprise clients include:

• Direct outreach for a demo of the Mezzanine Series.
• Engagement through the listed partner network.
• Targeting Fortune 500 and enterprise accounts directly.
• Showcasing multi-share collaboration for real results.

Bittensor Network for Digital Asset Staking and Participation

The most significant channel for the new digital asset treasury strategy is active participation in the Bittensor network. Oblong, Inc. holds and actively stakes its TAO tokens to support the network's operations and earn rewards. As of the September 10, 2025 shareholder letter, the company held more than 21,700 TAO tokens, all actively staked. This followed an earlier deployment where $8 million was fully staked with a main validator. The Q2 2025 data showed a total holding of 21,613 tokens, acquired for a total investment of approximately $8.0 million. The Bittensor network itself is described as operating nearly 130 subnets, which are specialized AI development environments. Staking is positioned as a way to support the ecosystem and compound returns. The company also seeks partnerships with subnet development teams to further align its operational and treasury strategies.

Corporate Website and Press Releases for Strategic Communication

Oblong, Inc. uses its corporate website and official press releases as the primary channels for strategic communication to investors and the market. The company maintains a clear Investor Relations section detailing recent filings and news. Key communication milestones in late 2025 included:

• Reporting Q3 2025 Results on November 13, 2025.
• Issuing a Shareholder Letter on September 10, 2025.
• Reporting Q2 2025 Results and TAO Treasury Expansion on August 14, 2025.

Regulatory filings are also a critical channel; for instance, an 8-K and a 10-Q report were both filed on November 13, 2025. The website serves as the repository for these official documents, ensuring transparency for stakeholders tracking the company's pivot toward a digital asset treasury focus. Also, the company's communication strategy involves tapping experts, such as appointing Siam Kidd to the Strategic Advisory Committee, announced via press release on August 5, 2025.

Finance: draft 13-week cash view by Friday.

Oblong, Inc. (OBLG) - Canvas Business Model: Customer Segments

You're looking at a company that has executed a sharp strategic pivot, so the customer segments reflect a dual focus: the legacy business and the new digital asset treasury strategy.

Institutional and retail investors seeking exposure to decentralized AI assets

• Investors interested in the digital asset treasury strategy.
• Investors seeking exposure to the Bittensor (TAO) ecosystem.

Fortune 500 and large enterprise customers needing advanced collaboration

This segment relates to the legacy business, which Oblong, Inc. still services through its Collaboration Products and Managed Services segments. The company supplies its Mezzanine systems to these large entities.

• Customers utilizing the patented Mezzanine product line.
• Clients requiring managed videoconferencing and network services.

Decentralized AI protocol participants (Bittensor network)

This segment is crucial to the new strategy, as Oblong, Inc. actively participates by staking its holdings to support the network's infrastructure.

• Holders and stakers of the TAO token.
• Entities interacting with the nearly 130 specialized AI development environments (subnets) on the Bittensor network.

Companies with recurring revenue models targeted for M&A

The company is actively seeking acquisitions in this space to 'supercharge profitability and operating efficiency.'

• High-growth innovators in digital currency and AI.
• Firms possessing strong recurring revenue streams.

Here's a quick look at the numbers that define these segments as of late 2025:

Segment Focus Area	Metric/Data Point	Value/Amount (as of 2025)
Decentralized AI Treasury	TAO Tokens Held (as of Q2 2025)	21,613 tokens
Decentralized AI Treasury	TAO Staking Rewards Generated (Q3 2025)	$97,000
Enterprise Collaboration	Managed Services Revenue Contribution (Q3 2025)	$490,000
Enterprise Collaboration	Percentage of Q1 2025 Revenue from Managed Services	82%
Enterprise Collaboration	Enterprise Customers Mentioned	Fortune 500 and large enterprise customers
Protocol Participation	Bittensor Subnets in Operation	Nearly 130
M&A Target Profile	CEO Stated Focus Area	Recurring revenue models, digital currency, and AI-driven innovators

The legacy business, represented by the Managed Services segment, accounted for 82% of the $0.62 million total revenue reported in Q1 2025. Still, the new digital asset strategy is the growth lever, evidenced by the $97,000 staking reward revenue in Q3 2025. Finance: draft 13-week cash view by Friday.

Oblong, Inc. (OBLG) - Canvas Business Model: Cost Structure

You're looking at the cost side of Oblong, Inc. (OBLG) as they navigate a significant strategic pivot. The cost structure reflects a dual reality: maintaining the legacy Mezzanine business while aggressively funding the new digital asset treasury strategy. Honestly, the numbers show where the cash is going right now.

General and administrative expenses (G&A) for the legacy operations were a significant fixed cost component in Q2 2025. Specifically, G&A reached \$0.902 million for that quarter, which kept the GAAP profitability out of reach even as the net loss narrowed year-over-year.

Here's a look at some of the key reported costs and financial metrics around the end of 2025:

Cost/Metric Category	Period	Amount/Value
General and Administrative Expenses	Q2 2025	\$0.902 million
Costs Associated with Acquiring TAO Tokens	Q3 2025	\$6.3 million
TAO Tokens Acquired	Q3 2025	16,517 TAO
Average Cost Per TAO Token (Q3 Acquisition)	Q3 2025	\$384
Revenue	Q2 2025	\$0.592 million
Gross Margin	Q2 2025	38.5%

The operating expenses tied to the legacy Mezzanine business are embedded within the overall operating structure, which saw an operating loss of \$0.683 million in Q2 2025. Personnel costs for the small, specialized management team are a major driver within the overhead structure.

• Personnel costs are primarily captured within the G&A line item.
• The Q1 2025 breakdown showed R&D at \$0.003 million and S&M (Sales & Marketing) at \$0.008 million, with G&A at \$0.929 million.
• The company is focused on tighter OpEx to support the pivot.

For the legacy Mezzanine systems, the cost of revenue is derived directly from the reported gross margin. In Q2 2025, revenue was \$0.592 million, and the gross margin was 38.5%. Here's the quick math to see the associated cost of revenue:

Gross Profit in Q2 2025 was \$0.592 million multiplied by 0.385, which equals approximately \$0.228 million. This means the direct costs associated with generating that revenue-the Cost of Revenue for Mezzanine systems-was roughly \$0.364 million (\$0.592 million revenue minus \$0.228 million gross profit). This margin expansion, more than doubling from 19.6% in Q2 2024, shows some success in reducing the direct costs of the legacy service delivery.

Oblong, Inc. (OBLG) - Canvas Business Model: Revenue Streams

You're looking at the revenue streams for Oblong, Inc. as of late 2025, and honestly, the story is clearly split between legacy business and the new digital asset treasury focus. It's a shift, for sure.

Staking rewards from TAO tokens represent a defined, recurring income component now. In the third quarter of 2025, Oblong, Inc. reported earning 274 TAO in staking rewards, which translated to $97,000 of revenue for that period. This was generated while all their TAO tokens remained fully staked on the Bittensor network, providing an annualized yield of approximately 6% on average holdings during Q3.

Sales of Mezzanine collaboration systems and related services still contribute, though the financial reporting now lumps this in with the digital asset activity. Oblong, Inc. operates in two segments: Collaboration Products and Managed Services. The total reported revenue for Q3 2025 was $0.6 million. For context, the trailing twelve-month revenue as of September 30, 2025, stood at $2.38M.

Potential capital appreciation from the digital asset treasury is a major, albeit volatile, component. As of September 30, 2025, the company held 21,822 TAO tokens, valued at $6.6 million. By November 12, 2025, the holdings had slightly increased to 21,943 TAO tokens, valued at approximately $8.0 million. This asset base is the core of the treasury strategy.

The flip side of that appreciation is the risk, seen in the unrealized gains/losses on TAO token revaluation. The Q3 2025 results explicitly reflected a $1.5 million unrealized loss on the TAO token revaluation as of September 30, 2025. This mark-to-market impact significantly widened the GAAP net loss for the quarter to $2.3 million.

Regarding potential future revenue from acquired AI/digital currency businesses, the company has clearly signaled an aggressive M&A focus. You see this in their Q1 2025 commentary about pursuing high-growth opportunities in digital currency and AI-driven innovators to supercharge profitability. The entire treasury strategy is now centered on Bittensor, which is a decentralized AI network, positioning the TAO asset itself as the primary driver for future value creation beyond staking rewards.

Here's a quick look at the Q3 2025 financial snapshot that frames these revenue components:

Financial Metric	Amount / Value
Total Revenue (Q3 2025)	$0.6 million
Staking Rewards Revenue (Q3 2025)	$97,000
TAO Tokens Earned (Q3 2025)	274 TAO
TAO Treasury Value (as of 9/30/2025)	$6.6 million
TAO Treasury Value (as of 11/12/2025)	Approx. $8.0 million
Unrealized Loss on TAO Revaluation (Q3 2025)	$1.5 million

The key operational details supporting these streams include:

• Total TAO holdings grew to 21,943 tokens by November 12, 2025.
• The company invested $6.3 million to acquire 16,517 TAO tokens during Q3 2025.
• The average acquisition price for Q3 2025 purchases was $384 per token.
• The balance sheet remained debt-free as of September 30, 2025.

The structure definitely shows a pivot; the Mezzanine business is now supporting a much larger digital asset strategy. Finance: draft 13-week cash view by Friday.