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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | Certain information concerning the Company’s segments for the three and six months ended June 30, 2021 and 2020 is presented in the following tables (in thousands):
| Three Months Ended June 30, 2021
| Oblong (formerly Glowpoint) |  | Oblong Industries |  | Corporate |  | Total
Revenue | $ | 1,078 |  |  | $ | 971 |  |  | $ | — |  |  | $ | 2,049 |
Cost of revenues | 739 |  |  | 510 |  |  | — |  |  | 1,249 |
Gross profit | $ | 339 |  |  | $ | 461 |  |  | $ | — |  |  | $ | 800 |
Gross profit % | 31 | % |  | 47 | % |  |  |  | 39 | %
Allocated operating expenses | $ | 82 |  |  | $ | 1,796 |  |  | $ | — |  |  | $ | 1,878 |
Unallocated operating expenses | $ | — |  |  | $ | — |  |  | 1,400 |  |  | 1,400 |
Total operating expenses | $ | 82 |  |  | $ | 1,796 |  |  | $ | 1,400 |  |  | $ | 3,278 |
Income (loss) from operations | $ | 257 |  |  | $ | (1,335) |  |  | $ | (1,400) |  |  | $ | (2,478) |
Interest and other expense (income), net | 9 |  |  | (241) |  |  | — |  |  | (232) |
Net income (loss) before tax | $ | 248 |  |  | $ | (1,094) |  |  | $ | (1,400) |  |  | $ | (2,246) |
Income tax | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Net income (loss) | $ | 248 |  |  | $ | (1,094) |  |  | $ | (1,400) |  |  | $ | (2,246) |
| Six Months Ended June 30, 2021
| Oblong (formerly Glowpoint) |  | Oblong Industries |  | Corporate |  | Total
Revenue | $ | 2,273 |  |  | $ | 1,694 |  |  | $ | — |  |  | $ | 3,967 |
Cost of revenues | 1,572 |  |  | 967 |  |  | — |  |  | 2,539 |
Gross profit | $ | 701 |  |  | $ | 727 |  |  | $ | — |  |  | $ | 1,428 |
Gross profit % | 31 | % |  | 43 | % |  |  |  | 36 | %
Allocated operating expenses | $ | 193 |  |  | $ | 3,626 |  |  | $ | — |  |  | $ | 3,819 |
Unallocated operating expenses |  |  |  |  | 3,498 |  |  | 3,498 |
Total operating expenses | $ | 193 |  |  | $ | 3,626 |  |  | $ | 3,498 |  |  | $ | 7,317 |
Income (loss) from operations | $ | 508 |  |  | $ | (2,899) |  |  | $ | (3,498) |  |  | $ | (5,889) |
Interest and other expense (income), net | 14 |  |  | (224) |  |  | — |  |  | (210) |
Net income (loss) before tax | $ | 494 |  |  | $ | (2,675) |  |  | $ | (3,498) |  |  | $ | (5,679) |
Income tax | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Net income (loss) | $ | 494 |  |  | $ | (2,675) |  |  | $ | (3,498) |  |  | $ | (5,679) |
| Three Months Ended June 30, 2020
| Oblong (formerly Glowpoint) |  | Oblong Industries |  | Corporate |  | Total
Revenue | $ | 1,373 |  |  | $ | 1,443 |  |  | $ | — |  |  | $ | 2,816 |
Cost of revenues | 898 |  |  | 785 |  |  | — |  |  | 1,683 |
Gross profit | $ | 475 |  |  | $ | 658 |  |  | $ | — |  |  | $ | 1,133 |
Gross profit % | 35 | % |  | 46 | % |  |  |  | 40 | %
Allocated operating expenses | $ | 1,063 |  |  | $ | 2,574 |  |  | $ | — |  |  | $ | 3,637 |
Unallocated operating expenses | — |  |  | — |  |  | 796 |  |  | 796 |
Total operating expenses | $ | 1,063 |  |  | $ | 2,574 |  |  | $ | 796 |  |  | $ | 4,433 |
Loss from operations | $ | (588) |  |  | $ | (1,916) |  |  | $ | (796) |  |  | $ | (3,300) |
Interest and other expense, net | 7 |  |  | 78 |  |  | — |  |  | 85 |
Net loss before taxes | $ | (595) |  |  | $ | (1,994) |  |  | $ | (796) |  |  | $ | (3,385) |
Income tax | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Net loss | $ | (595) |  |  | $ | (1,994) |  |  | $ | (796) |  |  | $ | (3,385) |
| Six Months Ended June 30, 2020
| Oblong (formerly Glowpoint) |  | Oblong Industries |  | Corporate |  | Total
Revenue | $ | 3,417 |  |  | $ | 4,727 |  |  | $ | — |  |  | $ | 8,144 |
Cost of revenues | 2,055 |  |  | 2,017 |  |  | — |  |  | 4,072 |
Gross profit | $ | 1,362 |  |  | $ | 2,710 |  |  | $ | — |  |  | $ | 4,072 |
Gross profit % | 40 | % |  | 57 | % |  |  |  | 50 | %
Allocated operating expenses | $ | 2,212 |  |  | $ | 5,985 |  |  | $ | — |  |  | $ | 8,197 |
Unallocated operating expenses | — |  |  | — |  |  | 2,162 |  |  | 2,162 |
Total operating expenses | $ | 2,212 |  |  | $ | 5,985 |  |  | $ | 2,162 |  |  | $ | 10,359 |
Loss from operations | $ | (850) |  |  | $ | (3,275) |  |  | $ | (2,162) |  |  | $ | (6,287) |
Interest and other expense, net | 7 |  |  | 220 |  |  | — |  |  | 227 |
Net loss before tax | $ | (857) |  |  | $ | (3,495) |  |  | $ | (2,162) |  |  | $ | (6,514) |
Income tax | — |  |  | — |  |  | — |  |  | — |
Net loss | (857) |  |  | (3,495) |  |  | $ | (2,162) |  |  | $ | (6,514) |
Concentration of revenues was as follows:
|  |  | Three Months Ended June 30,
|  |  | 2021 |  | 2020
| Segment |  | % of Revenue |  | % of Revenue
Customer A | Oblong (formerly Glowpoint) |  | 32 | % |  | 23 | %
Customer B | Oblong Industries |  | — | % |  | 20 | %
|  |  | Six Months Ended June 30,
|  |  | 2021 |  | 2020
| Segment |  | % of Revenue |  | % of Revenue
Customer A | Oblong (formerly Glowpoint) |  | 34 | % |  | 15 | %
Customer B | Oblong Industries |  | — | % |  | 21 | %
Concentration of accounts receivable was as follows:
|  |  | As of June 30,
|  |  | 2021 |  | 2020
| Segment |  | % of Accounts Receivable |  | % of Accounts Receivable
Customer A | Oblong (formerly Glowpoint) |  | 22 | % |  | 32 | %
Customer B | Oblong (formerly Glowpoint) |  | 13 | % |  | 10 | %
Customer C | Oblong Industries |  | — | % |  | 12 | %
Revenue from External Customers by Geographic Areas | Revenue by geographic area is allocated as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Domestic | $ | 1,227 |  |  | $ | 1,854 |  |  | $ | 2,242 |  |  | $ | 5,456 |
Foreign | 822 |  |  | 962 |  |  | 1,725 |  |  | 2,688 |
| $ | 2,049 |  |  | $ | 2,816 |  |  | $ | 3,967 |  |  | $ | 8,144 |
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 June 30,
| 2021 |  | % of Revenue |  | 2020 |  | % of Revenue
Revenue: Oblong (formerly Glowpoint) |  |  |  |  |  |  |
Video collaboration services | $ | 230 |  |  | 11 | % |  | $ | 428 |  |  | 15 | %
Network services | 830 |  |  | 41 | % |  | 891 |  |  | 32 | %
Professional and other services | 18 |  |  | 1 | % |  | 54 |  |  | 2 | %
Total Oblong revenue | $ | 1,078 |  |  | 53 | % |  | $ | 1,373 |  |  | 49 | %
Revenue: Oblong Industries |  |  |  |  |  |  |
Visual collaboration product offerings | $ | 942 |  |  | 46 | % |  | 923 |  |  | 33 | %
Professional services | — |  |  | — | % |  | 228 |  |  | 8 | %
Licensing | 29 |  |  | 1 | % |  | 292 |  |  | 10 | %
Total Oblong Industries revenue | $ | 971 |  |  | 47 | % |  | 1,443 |  |  | 51 | %
Total revenue | $ | 2,049 |  |  | 100 | % |  | $ | 2,816 |  |  | 100 | %
| Six Months Ended June 30,
| 2021 |  | % of Revenue |  | 2020 |  | % of Revenue
Revenue: Oblong (formerly Glowpoint) |  |  |  |  |  |  |
Video collaboration services | $ | 521 |  |  | 13 | % |  | $ | 1,473 |  |  | 18 | %
Network services | 1,711 |  |  | 43 | % |  | 1,816 |  |  | 22 | %
Professional and other services | 41 |  |  | 1 | % |  | 128 |  |  | 2 | %
Total Oblong revenue | $ | 2,273 |  |  | 57 | % |  | $ | 3,417 |  |  | 42 | %
Revenue: Oblong Industries |  |  |  |  |  |  |
Visual collaboration product offerings | $ | 1,635 |  |  | 41 | % |  | 3,245 |  |  | 40 | %
Professional services | — |  |  | — | % |  | 898 |  |  | 11 | %
Licensing | 59 |  |  | 1 | % |  | 584 |  |  | 7 | %
Total Oblong Industries revenue | $ | 1,694 |  |  | 42.71 | % |  | 4,727 |  |  | 58 | %
Total revenue | $ | 3,967 |  |  | 100 | % |  | $ | 8,144 |  |  | 100 | %

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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