Oblong Q1 rev $1.5M (-21% YoY); net loss $4.5M; strategic review underway

TaoWeave, Inc.

2022-Q1 EPS reported -$0.15 revenue$1,532,000

Total revenue $1.5M vs $1.9M in Q1 2021, down 21% YoY.
Net loss $4.5M (incl. $1.1M goodwill impairment) vs $3.4M loss YoY.
Adjusted EBITDA loss $2.5M vs $2.4M loss YoY.
Cash $6.6M as of March 31, 2022; no debt.
Company undertaking detailed strategic review to create shareholder value.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.