secwatch.observer — SEC 8-K summary
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Issuer:     OneMedNet Corp (ONMD)
CIK:        0001849380
Form:       8-K/A
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001493152-24-047380
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMedNet files Legacy Q3 2023 financials: revenue $681K, net loss $31.2M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849380/000149315224047380/0001493152-24-047380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849380/000149315224047380/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-047380

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer