---
schema_version: "secwatch.filing_event.v1"
accession: "0000746210-22-000048"
form_type: "8-K"
ticker: "TWAV"
cik: "0000746210"
company_name: "TaoWeave, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:18:50.233377+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Oblong Q3 revenue $1.2M (-33% YoY); net loss $7.2M on $5.2M impairment

## Summary
- Revenue $1.2M vs $1.8M in Q3 2021, down 33%.
- Net loss $7.2M includes $5.2M non-cash impairment; prior year loss $0.7M.
- Adjusted EBITDA loss improved to $1.4M from $1.7M.
- Cash $4.1M with no debt as of Sept 30, 2022.
- CEO cites possible business combination or sale as strategic option.

## SEC filing metadata
- accession: 0000746210-22-000048
- form_type: 8-K
- ticker: TWAV
- cik: 0000746210
- company_name: TaoWeave, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746210/000074621022000048/0000746210-22-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746210/000074621022000048/glow-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000746210-22-000048
- JSON: https://secwatch.observer/filing/0000746210-22-000048.json
- Plain text: https://secwatch.observer/filing/0000746210-22-000048.txt

## Key facts
- Earnings Releases
  TaoWeave, Inc. reported third quarter ending September 30, 2022 results: revenue $1.2 million, net income Net loss of $7.2 million.
  - Period: third quarter ending September 30, 2022
  - Revenue: $1.2 million
  - Net income: Net loss of $7.2 million
  - Result: reported results
  source text: time for our organization,” commented Pete Holst, President & CEO of Oblong. • As of September 30, 2022, the Company had $4.1 million of cash and no debt. • Total revenue was $1.2 million for the third quarter of 2022 versus $1.8 million for the third quarter of 2021. • Net loss of $7.2 million for the third quarter of 2022, compared to a net loss of $0.7 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/746210/000074621022000048/0000746210-22-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.