secwatch.observer — SEC 8-K summary
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Issuer:     TaoWeave, Inc. (TWAV)
CIK:        0000746210
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0000746210-22-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oblong Q4 2021 revenue $2.0M, net loss $2.7M; Mezzanine revenue up 24% sequentially
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- Revenue $2.0M in Q4 2021, up 10% sequentially, down 49% YoY from $3.9M.
- Net loss $2.7M vs net income $1.2M in Q4 2020 which included $3.1M non-cash gain on debt extinguishment.
- Adjusted EBITDA loss $2.1M vs $0.4M loss in Q4 2020.
- Mezzanine product revenue $1.0M, up 24% sequentially; cash $9.0M, no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746210/000074621022000025/0000746210-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746210/000074621022000025/glow-20220329.htm
  HTML page:      https://secwatch.observer/filing/0000746210-22-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer