Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2021

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	%