Oblong, Inc. (OBLG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 1917.37% of current shares
Recent Dilution: 168.4% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
3.3M
Potential Supply
64M
Additional shares possible
Splits
1 Reverse
Past 2 years

Summary

OBLG currently has 3.33M outstanding shares. with significant dilution risk as 63.8M authorized shares could dilute existing holders by 1917.4%. The company has significantly diluted shareholders by 168.4% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 reverse split (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

10-Q filing | 3.3M shares outstanding

3.3M 64M
Apr 02, 2026

S-3 filing: Taoweave, Inc. is offering a combination of securities, including common stock, preferred stock, debt securities, and subscription rights, up to an aggregate amount of $100,000,000.

3.3M 64M
Mar 20, 2026

10-K filing | 3.3M shares outstanding

3.3M 3.9M
Nov 13, 2025

10-Q filing | 3.1M shares outstanding

3.1M 4.1M
Aug 14, 2025

10-Q filing | 1.6M shares outstanding

1.6M 5.6M
Jul 29, 2025

S-3/A filing: Oblong, Inc. is offering up to 4,178,249 shares of common stock offered by the selling stockholders.

1.9M 5.3M
Jul 18, 2025

S-3/A filing: Oblong, Inc. is registering the resale of common stock issuable upon the exercise of pre-funded warrants, common warrants issued to the placement agent, common warrants issued to an advisor, and common warrants in connection with a securities purchase agreement, as well as common stock issuable upon the conversion of Series F Convertible Preferred Stock.

1.9M 5.3M
Jun 20, 2025

S-3 filing: Registration of 4,178,249 shares of common stock for resale by selling stockholders, issuable upon exercise/conversion of various warrants and preferred stock.

1.6M 5.6M
Jun 13, 2025

8-K filing: Oblong, Inc. closed its private placement issuing Pre-Funded Warrants to purchase 1,989,387 shares of common stock, receiving gross proceeds of approximately $7,500,000 and net proceeds of approximately $7,000,000. The company also issued 45,163 shares of common stock pursuant to conversions of Series F Preferred Stock and 394,864 shares of common stock pursuant to exercises of common warrants, receiving gross and net proceeds of approximately $1,348,000 and $1,240,000, respectively, from the exercise of common warrants. As of June 12, 2025, the Company had 1,594,764 shares of common stock outstanding. ($8.85M proceeds)

1.6M 1.5M
Jun 06, 2025

8-K filing: Oblong, Inc. entered into a securities purchase agreement for the issuance and sale of 1,989,392 shares of common stock and pre-funded warrants at a price of $3.77 per share, expecting net proceeds of approximately $7,000,000. ($7.0M proceeds)

1.2M 1.9M
May 13, 2025

10-Q filing | 1.2M shares outstanding

1.2M 1.9M
Mar 18, 2025

10-K filing | 1.1M shares outstanding

1.1M 1.9M
Nov 07, 2024

10-Q filing | 1.1M shares outstanding

1.1M 2M
Oct 04, 2024

S-3 filing: This S-3 filing registers the resale of 1,527,400 shares of common stock issuable upon conversion of Series F preferred stock and exercise of common warrants by selling stockholders.

1.1M 2M
Sep 20, 2024
Stock Split

8-K filing: The company completed a 1-for-40 reverse stock split, resulting in 862,612 shares outstanding. Additionally, the company received $593,000 in net proceeds from the exercise of warrants, issuing 188,933 shares. As of September 20, 2024, the company had 1,051,545 shares of common stock outstanding. ($0.59M proceeds)

1.1M 480K
Aug 07, 2024

10-Q filing | 28.2M shares outstanding

28M 33M
Jun 12, 2024

8-K filing: Oblong, Inc. reported that between the filing of its Quarterly Report on Form 10-Q on May 8, 2024, and June 10, 2024, it issued 7,673,566 shares of Common Stock pursuant to conversions of Series F Preferred Stock and issued Common Warrants to purchase 963,743 shares of the Company's Common Stock. ($1.5M proceeds)

28M 33M
May 08, 2024

10-Q filing | 20.3M shares outstanding

20M 41M
Mar 22, 2024

8-K filing: From March 19, 2024 through March 20, 2024, the Company issued 3,602,103 shares of common stock pursuant to conversions of its Series F Convertible Preferred Stock.

20M 41M
Mar 19, 2024

10-K filing | 16.7M shares outstanding

17M 45M
Jan 12, 2024

S-3/A filing: Oblong, Inc. is offering 3,830,417 shares of common stock issuable upon exercise of common warrants, 9,000,000 shares of common stock issuable upon the conversion of outstanding shares of Series F convertible preferred stock, and 36,000,000 shares of common stock issuable upon the conversion of shares of Series F Preferred Stock acquired through exercise of outstanding warrants to purchase shares of Series F Preferred Stock.

17M 45M
Jan 11, 2024

S-3/A filing: This is an S-3/A filing to register additional securities.

17M 45M
Dec 29, 2023

S-3 filing: Oblong, Inc. is registering the resale of 3,830,417 shares of common stock issuable upon exercise of common warrants, 9,000,000 shares of common stock issuable upon conversion of Series F preferred stock, and 36,000,000 shares of common stock issuable upon conversion of Series F preferred stock acquired through exercise of outstanding warrants.

17M 45M
Nov 14, 2023

10-Q filing | 14.9M shares outstanding

15M 0
Oct 16, 2023

8-K filing: From October 10, 2023 through October 13, 2023, the Company issued 9,157,192 shares of common stock pursuant to conversions of its Series F Convertible Preferred Stock, resulting in 15,171,473 shares of common stock outstanding as of October 13, 2023.

15M 0
Oct 10, 2023

8-K filing: Oblong, Inc. issued 1,101,021 shares of common stock due to conversions of Series F Convertible Preferred Stock between October 4, 2023, and October 6, 2023, resulting in an increase in common stock outstanding from 4,913,260 to 6,014,281 shares.

6M 6.6M
Oct 04, 2023

8-K filing: From September 13, 2023 through October 3, 2023, the Company issued 996,966 shares of common stock pursuant to conversions of its Series F Convertible Preferred Stock.

4.9M 7.7M
Sep 13, 2023

8-K filing: The company issued 1,594,142 shares of common stock pursuant to conversions of its Series F Convertible Preferred Stock, partially offset by a return of 406,776 shares of common stock in exchange for pre-funded warrants.

3.9M 8.7M
Aug 10, 2023

10-Q filing | 2.9M shares outstanding

2.9M 9.7M
Jul 05, 2023

8-K filing: Oblong, Inc. entered into an exchange agreement with entities affiliated with Foundry Group, exchanging 406,776 shares of common stock for pre-funded warrants to purchase 406,776 shares of common stock.

2.6M 10M
May 19, 2023

S-3 filing: Oblong, Inc. is registering the resale of 6,550 shares of Series F convertible preferred stock, 32,750 shares of Series F Preferred Stock issuable upon exercise of preferred warrants and 12,000,000 Conversion Shares issuable upon the conversion of the Series F Preferred Stock covered by this prospectus as required by the Registration Rights Agreement, dated March 30, 2023.

2.6M 10M
May 10, 2023

10-Q filing | 2.6M shares outstanding

2.6M 0
Apr 24, 2023

8-K filing: Oblong, Inc. entered into warrant exercise inducement offer letters with certain holders of outstanding warrants to purchase shares of the Company's common stock, pursuant to which the Exercising Holders agreed to exercise Existing Warrants to purchase, in the aggregate, 339,498 shares of the Company's common stock in exchange for the Company's agreement to lower the exercise price of the Existing Warrants to $1.71.

2.1M 0
Apr 03, 2023

8-K filing: Oblong, Inc. entered into a Securities Purchase Agreement to issue and sell Series F convertible preferred stock, preferred warrants, and common warrants in a private placement, raising gross proceeds of $6,386,250. ($6.39M proceeds)

2.1M 0
Mar 21, 2023

10-K filing | 2.1M shares outstanding

2.1M 0
Jan 03, 2023
Stock Split

8-K filing: Stock split 1-for-15 | Outstanding: 30,816,000 → 2,054,400

2.1M 0
Nov 10, 2022

10-Q filing | 30.8M shares outstanding

31M 0
Aug 10, 2022

10-Q filing | 30.8M shares outstanding

31M 0
May 11, 2022

10-Q filing | 30.8M shares outstanding

31M 0
Mar 29, 2022

10-K filing | 30.8M shares outstanding

31M 0
Jan 03, 2022

8-K filing: Oblong, Inc. completed a public offering of warrants to purchase 1,000,000 shares of common stock at an exercise price of $4.00 per share and agreed to amend the terms of the Series A Warrants to extend the Termination Date from January 4, 2022 to January 4, 2023.

31M 0
Dec 02, 2021

S-3 filing: The selling stockholders may offer and resell up to 3,000,000 shares of common stock issuable upon exercise of the Company's Series B Common Stock purchase warrants.

31M 0
Nov 10, 2021

10-Q filing | 30.7M shares outstanding

31M 0
Aug 11, 2021

10-Q filing | 30.6M shares outstanding

31M 0
May 13, 2021

10-Q filing | 26.6M shares outstanding

27M 0
Mar 30, 2021

10-K filing | 26.6M shares outstanding

27M 0
Jan 15, 2021

S-3 filing: Oblong, Inc. files an S-3 registration statement for the potential offering of common stock, preferred stock, warrants, and units, with an aggregate initial offering price not to exceed $35,000,000.

6.3M 0
Dec 21, 2020

S-3 filing: This S-3 filing registers the resale of common stock and shares of common stock underlying warrants issued in previous private placements.

6.3M 0
Nov 16, 2020

10-Q filing | 6.3M shares outstanding

6.3M 0
Aug 14, 2020

10-Q filing | 5.2M shares outstanding

5.2M 0
Jun 29, 2020

10-Q filing | 5.2M shares outstanding

5.2M 0
May 15, 2020

10-K filing | 5.2M shares outstanding

5.2M 0
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