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Segment Reporting
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company currently operates in two segments: (1) the Oblong (formerly Glowpoint) business, which includes managed services for video collaboration and network applications; and (2) the Oblong Industries business, which includes products and services for visual collaboration technologies.

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 IndustriesCorporateTotal
Revenue$1,078 $971 $— $2,049 
Cost of revenues739 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(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 IndustriesCorporateTotal
Revenue$2,273 $1,694 $— $3,967 
Cost of revenues1,572 967 — 2,539 
Gross profit$701 $727 $— $1,428 
Gross profit %31 %43 %36 %
Allocated operating expenses$193 $3,626 $— $3,819 
Unallocated operating expenses3,498 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), net14 (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 IndustriesCorporateTotal
Revenue$1,373 $1,443 $— $2,816 
Cost of revenues898 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)$(3,300)
Interest and other expense, net78 — 85 
Net loss before taxes$(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 IndustriesCorporateTotal
Revenue$3,417 $4,727 $— $8,144 
Cost of revenues2,055 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)$(6,287)
Interest and other expense, net220 — 227 
Net loss before tax$(857)$(3,495)$(2,162)$(6,514)
Income tax— — — — 
Net loss(857)(3,495)$(2,162)$(6,514)

Unallocated operating expenses include costs for the three and six months ended June 30, 2021 and 2020 that are not specific to a particular segment but are general to the group; included are expenses incurred for administrative and accounting staff, general liability and other insurance, professional fees and other similar corporate expenses.

For the three and six months ended June 30, 2021 and 2020, there was no material revenue attributable to any individual foreign country. Approximately 1% of foreign revenue is billed in foreign currency and foreign currency gains and losses are not material.

Revenue by geographic area is allocated as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Domestic$1,227 $1,854 $2,242 $5,456 
Foreign822 962 1,725 2,688 
$2,049 $2,816 $3,967 $8,144 

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 Revenue2020% of Revenue
Revenue: Oblong (formerly Glowpoint)
Video collaboration services$230 11 %$428 15 %
Network services830 41 %891 32 %
Professional and other services18 %54 %
      Total Oblong revenue$1,078 53 %$1,373 49 %
Revenue: Oblong Industries
Visual collaboration product offerings$942 46 %923 33 %
Professional services— — %228 %
Licensing29 %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 Revenue2020% of Revenue
Revenue: Oblong (formerly Glowpoint)
Video collaboration services$521 13 %$1,473 18 %
Network services1,711 43 %1,816 22 %
Professional and other services41 %128 %
      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 %
Licensing59 %584 %
      Total Oblong Industries revenue$1,694 42.71 %4,727 58 %
Total revenue$3,967 100 %$8,144 100 %
The Company considers a significant customer to be one that comprises more than 10% of the Company’s consolidated revenues or accounts receivable. The loss of or a reduction in sales or anticipated sales to our most significant or several of our smaller customers could have a material adverse effect on our business, financial condition and results of operations.
Concentration of revenues was as follows:
Three Months Ended June 30,
20212020
Segment% of Revenue% of Revenue
Customer AOblong (formerly Glowpoint)32 %23 %
Customer BOblong Industries— %20 %


Six Months Ended June 30,
20212020
Segment% of Revenue% of Revenue
Customer AOblong (formerly Glowpoint)34 %15 %
Customer BOblong Industries— %21 %

Concentration of accounts receivable was as follows:
As of June 30,
20212020
Segment% of Accounts Receivable% of Accounts Receivable
Customer AOblong (formerly Glowpoint)22 %32 %
Customer BOblong (formerly Glowpoint)13 %10 %
Customer COblong Industries— %12 %