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Segment Reporting
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Reporting
Note 10 - Segment Reporting

The Company currently operates in two segments: (1) “Managed Services”, which represents the Oblong (former Glowpoint) business surrounding managed services for video collaboration and network applications; and (2) “Collaboration Products” which represents the Oblong Industries business surrounding our Mezzanine™ product offerings.

Certain information concerning the Company’s segments for the three and six months ended June 30, 2022 and 2021 is presented in the following tables (in thousands):
Three Months Ended June 30, 2022
Managed ServicesCollaboration ProductsCorporateTotal
Revenue$810 $523 $— $1,333 
Cost of revenues525 401 — 926 
  Gross profit$285 $122 $— $407 
  Gross profit %35 %23 %31 %
Allocated operating expenses$1 $8,254 $— $8,255 
Unallocated operating expenses— — 1,185 1,185 
  Total operating expenses$1 $8,254 $1,185 $9,440 
Income (loss) from operations$284 $(8,132)$(1,185)$(9,033)
Interest and other expense, net— — — — 
Net income (loss) before tax$284 $(8,132)$(1,185)$(9,033)
Income tax expense(1)1 — — 
Net income (loss)$285 $(8,133)$(1,185)$(9,033)
Six Months Ended June 30, 2022
Managed ServicesCollaboration ProductsCorporateTotal
Revenue$1,776 $1,089 $— $2,865 
Cost of revenues1,170 789 — 1,959 
Gross profit$606 $300 $— $906 
Gross profit %34 %28 %32 %
Allocated operating expenses$57 $11,529 $— $11,586 
Unallocated operating expenses2,875 2,875 
Total operating expenses$57 $11,529 $2,875 $14,461 
Income (loss) from operations$549 $(11,229)$(2,875)$(13,555)
Interest and other expense, net6 — — 6 
Net income (loss) before tax$543 $(11,229)$(2,875)$(13,561)
Income tax expense8 3 — 11 
Net income (loss)$535 $(11,232)$(2,875)$(13,572)
Three Months Ended June 30, 2021
Managed ServicesCollaboration ProductsCorporateTotal
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, net9 (241)— (232)
Income (loss) before income taxes$248 $(1,094)$(1,400)$(2,246)
Income tax expense— — — — 
Net income (loss)$248 $(1,094)$(1,400)$(2,246)

Six Months Ended June 30, 2021
Managed ServicesCollaboration ProductsCorporateTotal
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 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, net14 (224)— (210)
Net income (loss) before tax$494 $(2,675)$(3,498)$(5,679)
Income tax expense— — — — 
Net income (loss)$494 $(2,675)$(3,498)$(5,679)

Unallocated operating expenses in Corporate include costs for the three and six months ended June 30, 2022 and 2021 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, 2022 and 2021, there was no material revenue attributable to any individual foreign country.
Revenue by geographic area is allocated as follows (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Domestic$705 $1,227 $1,546 $2,242 
Foreign628 822 1,319 1,725 
$1,333 $2,049 $2,865 $3,967 

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,
2022% of Revenue2021% of Revenue
Revenue: Managed Services
Video collaboration services$79 6 %$230 11 %
Network services723 54 %830 41 %
Professional and other services8 1 %18 1 %
      Total Managed Services revenue$810 61 %$1,078 53 %
Revenue: Collaboration Products
Visual collaboration product offerings$520 39 %$942 46 %
Licensing3 — %29 1 %
      Total Collaboration Products revenue523 39 %971 47 %
Total revenue$1,333 100 %$2,049 100 %

Six Months Ended June 30,
2022% of Revenue2021% of Revenue
Revenue: Managed Services
Video collaboration services$195 7 %$521 23 %
Network services1,544 54 %1,711 75 %
Professional and other services37 1 %41 2 %
      Total Managed Services revenue$1,776 62 %$2,273 57 %
Revenue: Collaboration Products
Visual collaboration product offerings$1,082 38 %$1,635 80 %
Licensing7 — %59 3 %
      Total Collaboration Products revenue1,089 38 %1,694 43 %
Total revenue$2,865 100 %$3,967 100 %
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,
20222021
Segment% of Revenue% of Revenue
Customer AManaged Services48 %32 %
Customer BCollaboration Products11 %5 %

Six Months Ended June 30,
20222021
Segment% of Revenue% of Revenue
Customer AManaged Services46 %34 %


Concentration of accounts receivable was as follows:

As of June 30, 2022
20222021
Segment% of Accounts Receivable% of Accounts Receivable
Customer AManaged Services42 %22 %
Customer BManaged Services7 %13 %
Customer CCollaboration Products10 %— %