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Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2021
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | Certain information concerning the Company’s segments for the three months ended March 31, 2021 is presented in the following tables (in thousands):
| Three Months Ended March 31, 2021
| Oblong (formerly Glowpoint) |  | Oblong Industries |  | Corporate |  | Total
Revenue | $ | 1,195 |  |  | $ | 723 |  |  | $ | — |  |  | $ | 1,918 |
Cost of revenues | 833 |  |  | 457 |  |  | — |  |  | 1,290 |
Gross profit | $ | 362 |  |  | $ | 266 |  |  | $ | — |  |  | $ | 628 |
Gross profit % | 30 | % |  | 37 | % |  |  |  | 33 | %
Allocated operating expenses | $ | 110 |  |  | $ | 1,831 |  |  | $ | — |  |  | $ | 1,941 |
Unallocated operating expenses | $ | — |  |  | $ | — |  |  | 2,098 |  |  | 2,098 |
Total operating expenses | $ | 110 |  |  | $ | 1,831 |  |  | $ | 2,098 |  |  | $ | 4,039 |
Income (loss) from operations | $ | 252 |  |  | $ | (1,565) |  |  | $ | (2,098) |  |  | $ | (3,411) |
Interest and other expense, net | 5 |  |  | 17 |  |  | $ | — |  |  | 22 |
Net income (loss) before tax | $ | 247 |  |  | $ | (1,582) |  |  | $ | (2,098) |  |  | $ | (3,433) |
Income Tax | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Net income (loss) | $ | 247 |  |  | $ | (1,582) |  |  | $ | (2,098) |  |  | $ | (3,433) |
| Three Months Ended March 31, 2020
| Oblong (formerly Glowpoint) |  | Oblong Industries |  | Corporate |  | Total
Revenue | $ | 2,045 |  |  | $ | 3,283 |  |  | $ | — |  |  | $ | 5,328 |
Cost of revenues | 1,156 |  |  | 1,218 |  |  | — |  |  | 2,374 |
Gross profit | $ | 889 |  |  | $ | 2,065 |  |  | $ | — |  |  | $ | 2,954 |
Gross profit % | 43 | % |  | 63 | % |  |  |  | 55 | %
Allocated operating expenses | $ | 1,290 |  |  | $ | 2,073 |  |  | $ | — |  |  | $ | 3,363 |
Unallocated operating expenses | — |  |  | — |  |  | 2,568 |  |  | 2,568 |
Total operating expenses | $ | 1,290 |  |  | $ | 2,073 |  |  | $ | 2,568 |  |  | $ | 5,931 |
Loss from operations | $ | (401) |  |  | $ | (8) |  |  | $ | (2,568) |  |  | $ | (2,977) |
Interest and other expense, net | — |  |  | — |  |  | 152 |  |  | 152 |
Loss before income taxes | $ | (401) |  |  | $ | (8) |  |  | $ | (2,720) |  |  | $ | (3,129) |
Income tax expense | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Net loss | $ | (401) |  |  | $ | (8) |  |  | $ | (2,720) |  |  | $ | (3,129) |
Concentration of revenues was as follows:
|  |  | Three Months Ended March 31,
|  |  | 2021 |  | 2020
| Segment |  | % of Revenue |  | % of Revenue
Customer A | Oblong (formerly Glowpoint) |  | 36 | % |  | 11 | %
Customer B | Oblong Industries |  | — | % |  | 22 | %
Customer C | Oblong (formerly Glowpoint) |  | 10 | % |  | *
Concentration of accounts receivable was as follows:
|  |  | As of March 31, 2021
|  |  | 2021 |  | 2020
| Segment |  | % of Accounts Receivable |  | % of Accounts Receivable
Customer A | Oblong Industries |  | 36 | % |  | — | %
Customer B | Oblong (formerly Glowpoint) |  | 14 | % |  | *
Customer C | Oblong Industries |  | — | % |  | 42 | %
Customer D | Oblong Industries |  | * |  | 11 | %
* The amount did not exceed 10% of the Company’s consolidated total accounts receivable.
Revenue from External Customers by Geographic Areas | Revenue by geographic area is allocated as follows (in thousands):
| Three Months Ended March 31,
| 2021 |  | 2020
Domestic | $ | 1,015 |  |  | $ | 3,602 |
Foreign | 903 |  |  | 1,726 |
| $ | 1,918 |  |  | $ | 5,328 |
Schedule of Disaggregated Revenue Information | Disaggregated information for the Company’s revenue has been recognized in the accompanying condensed consolidated statements of operations and is presented below according to contract type (in thousands):
| Three Months Ended March 31,
| 2021 |  | % of Revenue |  | 2020 |  | % of Revenue
Revenue: Oblong (formerly Glowpoint) |  |  |  |  |  |  |
Video collaboration services | $ | 291 |  |  | 15 | % |  | $ | 1,046 |  |  | 20 | %
Network services | 881 |  |  | 46 | % |  | 925 |  |  | 17 | %
Professional and other services | 23 |  |  | 1 | % |  | 74 |  |  | 1 | %
Total Oblong revenue | $ | 1,195 |  |  | 62 | % |  | $ | 2,045 |  |  | 38 | %
Revenue: Oblong Industries |  |  |  |  |  |  |
Visual collaboration product offerings | $ | 693 |  |  | 36 | % |  | 2,322 |  |  | 44 | %
Professional services | — |  |  | — | % |  | 669 |  |  | 13 | %
Licensing | 30 |  |  | 2 | % |  | 292 |  |  | 5 | %
Total Oblong Industries revenue | $ | 723 |  |  | 38 | % |  | 3,283 |  |  | 62 | %
Total revenue | $ | 1,918 |  |  | 100 | % |  | $ | 5,328 |  |  | 100 | %

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