Home / Going-concern warnings / OneMedNet Corp

3/5OneMedNet Corp (ONMD): Going-concern doubt

Filed 2025-11-14 路 Form 10-Q 路 Accession 0001493152-25-023544 micro

Market data

Price before filing: $14.1 (2025-11-13 close, split/dividend-adjusted)
Market cap at flag: $62.4M (2025-11-14) 路 Latest: $26.2M (2026-10-16)

What happened next

WindowONMDSPYvs SPY
30 days-12.1%+1.3%-13.3%2025-12-15
90 days-50.9%+1.7%-52.5%2026-02-12
180 days-34.0%+11.1%-45.1%2026-05-13

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 3 insiders bought $796K (20 purchases)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-08-19Yu Jeffrey
Chief Medical Officer, Director
Purchase16,500$0.77$13KnoForm 4
2025-08-21Yu Jeffrey
Chief Medical Officer, Director
Purchase15,000$0.77$12KnoForm 4
2025-08-25Yu Jeffrey
Chief Medical Officer, Director
Purchase13,300$0.75$10KnoForm 4
2025-08-26Yu Jeffrey
Chief Medical Officer, Director
Purchase173,350$0.69$120KnoForm 4
2025-08-27Yu Jeffrey
Chief Medical Officer, Director
Purchase21,374$0.69$15KnoForm 4
2025-08-28Yu Jeffrey
Chief Medical Officer, Director
Purchase17,000$0.80$14KnoForm 4
2025-08-29Kosasa Thomas
Director
Purchase581,395$0.86$500KnoForm 4
2025-08-29Yu Jeffrey
Chief Medical Officer, Director
Purchase10,890$0.82$9KnoForm 4
2025-09-02Yu Jeffrey
Chief Medical Officer, Director
Purchase24,319$0.85$21KnoForm 4
2025-09-03Yu Jeffrey
Chief Medical Officer, Director
Purchase11,670$0.81$9KnoForm 4
2025-09-04Yu Jeffrey
Chief Medical Officer, Director
Purchase11,810$0.87$10KnoForm 4
2025-09-05Yu Jeffrey
Chief Medical Officer, Director
Purchase2,100$0.86$2KnoForm 4
2025-09-18Yu Jeffrey
Chief Medical Officer, Director
Purchase700$0.91$637noForm 4
2025-09-19Yu Jeffrey
Chief Medical Officer, Director
Purchase1,250$0.89$1KnoForm 4
2025-09-22Yu Jeffrey
Chief Medical Officer, Director
Purchase400$0.95$380noForm 4
2025-09-23Yu Jeffrey
Chief Medical Officer, Director
Purchase5,700$0.93$5KnoForm 4
2025-09-24Kosasa Thomas
Director
Purchase6,000$0.93$6KnoForm 4
2025-09-24Yu Jeffrey
Chief Medical Officer, Director
Purchase17,200$1.02$18KnoForm 4
2025-09-25Yu Jeffrey
Chief Medical Officer, Director
Purchase1,250$1.03$1KnoForm 4
2025-10-15Casaburi Eric
Director
Purchase10,000$3.05$30KnoForm 4
2025-11-14: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-16 to 2025-12-14. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"Therefore, these conditions raise substantial doubt about the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-09-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.