OneMeta Inc. (ONEI) Form 10-Q — Aug 14, 2026
OneMeta Inc. filed its 10-Q for the quarter ended June 30, 2026, reporting six-month revenue of $619,483, down roughly 25% from $829,273 a year earlier, while net loss widened nearly fourfold to $5,577,010 from $1,421,680, driven largely by $2,267,779 of interest expense on high-cost convertible and secured promissory debt. The company disclosed substantial doubt about its ability to continue as a going concern, with a working capital deficit of $6,189,658, a stockholders' deficit of $6,188,141, and roughly $4.07 million of notes payable; management is evaluating debt-to-equity conversions and seeking new financing with no assurance of success.
Key figures
- Revenue
- 619483
- Revenue Yoy
- -25.3% (six months: $619,483 vs $829,273 prior year)
- Shares Outstanding
- 38890943
- Q2 Revenue
- 439366
- Current Assets
- 175430
- Avaya Prepayment
- 3000000
- Deferred Revenue
- 514038
- Total Liabilities
- 6365088
- Nice Credit Balance
- 700000
- Avaya Warrant Shares
- 22222222
- Options Outstanding
- 4815000
- Promissory Notes Net
- 475821
- Q2 Revenue Prior Year
- 700755
- Warrants Outstanding
- 41252678
- Default Warrant Shares
- 3718750
- New Clients Onboarded Q2
- 20+ including Fortune 500 companies
- Interest Expense Six Months
- 2267779
- Series B1 Conversion Shares
- 57780283
- Common Stock Fair Value Range
- $0.11-$0.22 per share
- Convertible Notes Principal
- 3140000
- Convertible Notes Related Party
- 450000
- Net Cash From Operating Activities
- 2371607
- Weekly Consumption Run Rate Growth
- more than 500% (Jan-Jun 2026)
- Convertible Note Conversion Shares
- 36045673
- Series B1 Repurchase Consideration
- 2850000
- Prior Year Interest Expense Six Months
- 112679
AI analysis
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