Revenue: As of FY2025, the actual value is USD 1.359 M.EPS: As of FY2025, the actual value is USD -0.06.EBIT: As of FY2025, the actual value is USD -2.733 M.<h4>Revenue</h4><ul><li>Total Revenue: Increased by $716 thousand (111%) from $643 thousand in 2024 to $1,359 thousand in 2025.<ul><li>Subscription Revenue (BEAM): Decreased by $246 thousand (-70%) from $351 thousand in 2024 to $105 thousand in 2025, due to the decommissioning of the platform in May 2025.</li><li>Data Delivery Revenue (Real-World Data): Increased by $962 thousand (329%) from $292 thousand in 2024 to $1,254 thousand in 2025, driven by a strategic transition to a unified real-world data platform and customer base growth.</li></ul></li></ul><h4>Gross Margin</h4><ul><li>Gross margin was - $503 thousand in 2025 compared to - $281 thousand in 2024, representing an increase in negative margin of $222 thousand (79%).</li></ul><h4>Operating Expenses</h4><ul><li>Total Operating Expenses: Decreased by $160 thousand (-2%) from $9,324 thousand in 2024 to $9,164 thousand in 2025.<ul><li>General and Administrative: Decreased by $650 thousand (-9%) from $7,027 thousand in 2024 to $6,377 thousand in 2025, primarily due to a $1.4 million decrease in professional fees, partially offset by a $0.6 million increase in salary and personnel costs and $0.1 million in other office expenses.</li><li>Sales and Marketing: Increased by $442 thousand (53%) from $830 thousand in 2024 to $1,272 thousand in 2025, mainly due to a $0.6 million increase in salary and personnel costs to support iRWD sales growth.</li><li>Research and Development: Remained consistent at $1,515 thousand in 2025 compared to $1,467 thousand in 2024.</li></ul></li></ul><h4>Other (Income) Expense, Net</h4><ul><li>Total Other (Income) Expense, Net: Was - $6,867 thousand in 2025 compared to $522 thousand in 2024, a change of - $7,389 thousand (-1416%).<ul><li>Interest Expense: Decreased by $80 thousand (-54%) from $147 thousand in 2024 to $67 thousand in 2025, due to settling related party loans and deferred underwriter fees.</li><li>Change in Fair Value of Warrants: Was $56 thousand in 2025 compared to - $9 thousand in 2024.</li><li>Change in Fair Value of Convertible Notes: Was - $1,285 thousand in 2025 compared to $808 thousand in 2024.</li><li>Change in Fair Value of Crypto Assets – Bitcoin: Was $945 thousand in 2025 compared to - $798 thousand in 2024.</li><li>Realized Gain on Sale of Crypto Assets – Bitcoin: Was - $922 thousand in 2025 compared to - $120 thousand in 2024.</li><li>Change in Fair Value of SEPA Derivative Liabilities: Was - $216 thousand in 2025 compared to $434 thousand in 2024.</li><li>Gain on Troubled Debt Restructurings: Was - $5,569 thousand in 2025 (none in 2024), primarily from settlement of deferred underwriter fees (- $2.8 million) and restructured trade payables (- $2.8 million).</li><li>Loss on Debt Extinguishment: Was $41 thousand in 2025 (none in 2024), related to an amended promissory note agreement.</li><li>Other Expense: Decreased by $44 thousand (-73%) from $60 thousand in 2024 to $16 thousand in 2025, primarily due to a $35 thousand stock warrant expense in 2024 and lower foreign exchange losses.</li></ul></li></ul><h4>Net Loss</h4><ul><li>Net loss decreased by $7,328 thousand (-72%) from - $10,129 thousand in 2024 to - $2,801 thousand in 2025.</li></ul><h4>Cash Flow</h4><ul><li>Net Cash Used in Operating Activities: Increased from - $6,952 thousand in 2024 to - $7,503 thousand in 2025.</li><li>Net Cash Provided by (Used in) Investing Activities: Shifted from - $1,982 thousand used in 2024 to $2,307 thousand provided in 2025, mainly due to increased proceeds from Bitcoin sales ($5.1 million) offsetting Bitcoin purchases ($2.8 million) in 2025.</li><li>Net Cash Provided by Financing Activities: Decreased from $9,059 thousand in 2024 to $5,609 thousand in 2025.</li></ul><h4>Unique Metrics</h4><ul><li>Investment in Crypto Assets – Bitcoin: Fair value decreased from $2,849 thousand (31 units) in 2024 to $506 thousand (6 units) in 2025.<ul><li>Additions (Purchases): $2,750 thousand in 2025 compared to $2,900 thousand in 2024.</li><li>Dispositions (Sales): $4,148 thousand in 2025 compared to $0 in 2024, resulting in realized gains of - $922 thousand in 2025 and - $120 thousand in 2024.</li><li>Unrealized Loss, Net: - $945 thousand in 2025 compared to - $798 thousand in 2024.</li></ul></li></ul><h4>Outlook / Guidance</h4>ONEMEDNET CORPORATION’s management believes current cash and cash equivalents are insufficient for foreseeable cash needs for at least the next 12 months, raising substantial doubt about its ability to continue as a going concern. The company plans to raise additional working capital through equity or debt offerings and aims to achieve profitable operations. Long-term growth strategies include increasing global reach, innovating commercial approaches, enhancing service offerings, and expanding product offerings into high-growth Real World Data and Real World Evidence solutions.

ONEMEDNET CORP C/WTS 07/11/2028 (TO PUR COM) | 10-K: FY2025 Revenue: USD 1.359 M