Oblong Announces Preliminary Q4 Financial & Business Performance Above Expectations

Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today reported preliminary unaudited financial results for the fourth quarter of 2020 and an update on its cash position and balance sheet. All fourth quarter 2020 figures in this release are approximate due to the preliminary nature of this announcement.

“Having eliminated our loan obligations to SVB, recently listing on the Nasdaq Capital Market and substantially simplifying our capital structure as a result, we ended the year with a much stronger balance sheet and growing momentum in our Mezzanine™ collaboration suite.”