OneMedNet Corp (ONMD)

From the record

OneMedNet Corp's filings since 2021 show 27 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 12 times, the latest 2026-04-20); a warning not to rely on past financial statements (8-K item 4.02, 4 times, the latest 2024-11-05); an auditor change (8-K item 4.01, 3 times, the latest 2024-06-04); a late-report notice (Form NT 10-K or NT 10-Q, 8 times, the latest 2025-04-01) (its current reports).

From the record

OneMedNet Corp's 4 filed years say what it did: revenue went from $1 million in fiscal 2022 to $1 million in fiscal 2025, up 5.6% a year; it rose in 1 of 3 years; the deepest fall was 44% from fiscal 2022 to fiscal 2024; net income was positive in 0 of 4 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, OneMedNet Corp's shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned less than nothing, about minus 23 cents per dollar of everything the company owns. Leverage: it owed about 238 cents per dollar of assets, and net share issuance: its share count grew 58.7% over the year (the filed statements).

From the record

OneMedNet Corp's standing among 12 graded names in its industry family: revenue of $1 million in fiscal 2025 ranks in the bottom 4% by size; a net margin of -206.1% ranks in the bottom 38%; revenue growth of 5.6% a year over the last 3 filed years ranks in the top 29% (its annual reports).

From the record

OneMedNet Corp's leadership, from its insiders' filings and its current reports: the chief executive on the record is Green, Aaron (Chief Executive Officer, as filed), filing under that title since 2025-11-26, 12 months (bottom 21% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 6%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 17%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

OneMedNet Corp's room to grow, from the newest filed statements (fiscal 2025): cash of $585 thousand against debt of $220 thousand leaves 17% of its assets as net cash, top 37% of its family; cash from operations less capital spending is -553.1% of revenue (bottom 13%); a gross margin of -37% (bottom 13%); research spending of 111.5% of revenue (top 42%) (its annual report).

From the record

OneMedNet Corp's growth drivers, from the filed years to fiscal 2025: revenue grew 5.6% a year over the last three filed years against 5.6% over all 4, speeding up (top 12% of its family); the newest year grew 111.5% (top 4%); research spending grew -1.6% a year (bottom 19%); capital spending grew -39.2% a year (bottom 38%) (its annual reports). OneMedNet Corp reported 2 product lines in fiscal 2025: Data Delivery Revenue at $1 million (92%), Subscription Revenue at $105 thousand (8%); 1 of 2 grew against the year before (its annual report).

From the record

OneMedNet Corp's newest year against its own record: revenue of $1 million in fiscal 2025 came in 183% above the $480 thousand its prior three years' pace pointed to (top 5% of its family); net income of $3 million against a prior three-year average of $25 million (top 14%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 14%) (its annual reports).