OneMedNet Corp

For the period ended Dec 31, 2025. Filed Mar 30, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 30, 2026

ONMD$6.00+16.7%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except share and per share data)

	Year Ended December 31,
	2025	2024
Revenue
Subscription revenue	$105	$351
Data delivery revenue	1,254	292
Total revenue	1,359	643
Cost of revenue	1,862	924
Gross margin	(503)	(281)
Operating expenses
General and administrative	6,377	7,027
Sales and marketing	1,272	830
Research and development	1,515	1,467
Total operating expenses	9,164	9,324
Loss from operations	(9,667)	(9,605)
Other (income) expense, net
Interest expense	67	147
Change in fair value of warrants	56	(9)
Change in fair value of convertible notes	(1,285)	808
Change in fair value of crypto assets – Bitcoin	945	(798)
Realized gain on sale of crypto assets – Bitcoin	(922)	(120)
Change in fair value of SEPA derivative liabilities	(216)	434
Gain on troubled debt restructurings	(5,569)	-
Loss on extinguishment of debt	41	-
Other expense	16	60
Total other (income) expense, net	(6,867)	522
Loss before income taxes	$(2,800)	$(10,127)
Income tax expense	1	2
Net loss	$(2,801)	$(10,129)
Earnings per share:
Basic and diluted net loss per common share outstanding	$(0.06)	$(0.36)
Basic and diluted weighted average number of common shares outstanding	44,547,815	28,076,512

ContentsView on SEC.gov

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