Theo is a short cyclical piece about falling in and out of love, and doomed relationships. I honestly forgot one-two passages in that you were supposed to be in a dream, and thought I was stuck in a loop - surprisingly, either interpretation worked!
I really liked the way the text was formatted in the passages, like pushing the eyes into a funnel (though a bit more contrast in the links would have helped extra).
Sidenote: It really had Goncharov vibes, in the doomed love/relationship or running after an impossible goal…