other material
confidence high
sentiment negative
materiality 0.70
OneMedNet files Legacy Q3 2023 financials: revenue $681K, net loss $31.2M
OneMedNet Corp
- Revenue $681K for nine months ended Sep 30, 2023, down from $889K in 2022.
- Net loss $31.2M for nine months, vs $22.4M in 2022; basic EPS loss $6.69.
- Gross margin negative $131K vs negative $217K in prior period.
- Convertible promissory notes $47.99M as of Sep 30, 2023, up from $24.7M at Dec 2022.
- Stock warrant expense $8.385M and change in fair value of convertible debt $17.872M for nine months.