Oblong Q1 2025 net loss narrows to $0.7M; cash $4.3M, no debt

TaoWeave, Inc.

2026-Q1 EPS reported -$0.59 revenue$622,000

Revenue flat at $0.6M; net loss improved from $1.1M to $0.7M YoY.
Adjusted EBITDA loss narrowed to $0.7M from $1.2M in Q1 2024.
Cash and cash equivalents $4.3M; zero debt as of March 31, 2025.
Raised $0.5M from warrant exercises subsequent to quarter (April 2025).
CEO highlights M&A focus on recurring revenue, digital currency, and AI targets.

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