Oblong Q2 2025 net loss narrows to $0.6M; TAO treasury expanded to 21,613 tokens ($8.0M investment)

TaoWeave, Inc.

Revenue of $0.6M flat YoY; net loss improved to $0.6M from $1.0M in Q2 2024.
Adjusted EBITDA loss of $0.7M, improved from $1.0M in prior year.
Held $10.8M cash & equivalents, $1.7M in TAO, zero debt as of June 30, 2025.
TAO holdings grew to 21,613 tokens (all staked) via $1.7M Q2 purchases and $6.35M post-Q2.
Raised $6.9M from private placement and $1.3M from warrant exercises in Q2.

item 2.02

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