theglobe.com is a shell company with no operations, no employees, and no revenue. Originally founded in 1995 as an online community, theglobe.com sold its last operating business — Tralliance, a domain registry — in September 2008, and has had no business activity since. The company's only ongoing activity is maintaining its public company status and filing required SEC reports, with expenses limited to accounting, legal, and audit costs. Delfin Midstream owns approximately 71% of theglobe.com's common stock following a December 2017 acquisition, though no operational activity has followed. As of FY25, theglobe.com's current liabilities exceed its total assets, and management has flagged going concern risk, noting the company may not be able to continue without raising additional capital.