Home / Going-concern warnings / OneMedNet Corp
Filed 2025-08-13 路 Form 10-Q 路 Accession 0001641172-25-023557 nano
Price before filing: $4.68 (2025-08-12 close, split/dividend-adjusted)
Market cap at flag: $17.7M (2025-08-13) 路 Latest: $26.2M (2026-10-16)
| Window | ONMD | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +80.1% | +2.3% | +77.8% | 2025-09-12 |
| 90 days | +218.4% | +6.6% | +211.8% | 2025-11-11 |
| 180 days | +49.4% | +8.6% | +40.8% | 2026-02-09 |
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.
90 days before the flag: 2 insiders bought $1.2M (3 purchases)
30 days after: 2 insiders bought $733K (12 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-06-16 | Kosasa Thomas Director | Purchase | 55,000 | $0.38 | $21K | no | Form 4 |
| 2025-06-20 | Kosasa Thomas Director | Purchase | 1,190,476 | $0.42 | $500K | no | Form 4 |
| 2025-06-20 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 1,666,666 | $0.42 | $700K | no | Form 4 |
| 2025-08-13: red flag filed | |||||||
| 2025-08-19 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 16,500 | $0.77 | $13K | no | Form 4 |
| 2025-08-21 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 15,000 | $0.77 | $12K | no | Form 4 |
| 2025-08-25 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 13,300 | $0.75 | $10K | no | Form 4 |
| 2025-08-26 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 173,350 | $0.69 | $120K | no | Form 4 |
| 2025-08-27 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 21,374 | $0.69 | $15K | no | Form 4 |
| 2025-08-28 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 17,000 | $0.80 | $14K | no | Form 4 |
| 2025-08-29 | Kosasa Thomas Director | Purchase | 581,395 | $0.86 | $500K | no | Form 4 |
| 2025-08-29 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 10,890 | $0.82 | $9K | no | Form 4 |
| 2025-09-02 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 24,319 | $0.85 | $21K | no | Form 4 |
| 2025-09-03 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 11,670 | $0.81 | $9K | no | Form 4 |
| 2025-09-04 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 11,810 | $0.87 | $10K | no | Form 4 |
| 2025-09-05 | Yu Jeffrey Chief Medical Officer, Director | Purchase | 2,100 | $0.86 | $2K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-15 to 2025-09-12. 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.
"At the time of these settlements, (1) the Company had negative cash flow from operations, historical losses, and a significant accumulated deficit that raised substantial doubt about the Company's ability to continue as a going concern, and (2) a concession was granted to the Company, as the fair value of the consideration received by the vendors was less than the net carrying value of the payables."
Quoted from the filing. Source
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 2025-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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