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ONEMETA INC. 10-Q Filings

ONEI OTC

Every 10-Q that ONEMETA INC. (ONEI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow ONEI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ONEI filings page.

Rhea-AI Summary

OneMeta Inc. reported significantly higher losses for the six months ended June 30, 2026 while remaining in a substantial stockholders’ deficit and disclosing substantial doubt about its ability to continue as a going concern. Revenue was $619,483, down from $829,273 a year earlier, as prior-period revenue included a large one-time licensing fee from a single customer. Operating expenses rose to $3,725,353 from $2,046,599, driven mainly by higher general and administrative and research and development costs.

Interest expense and related non-cash charges tied to convertible notes and high-cost promissory debt with warrants increased total other expense to $2,267,779 from $112,679, pushing the net loss to $5,577,010 versus $1,421,680. At June 30, 2026, cash was only $49,491, current liabilities were $6,365,088, and working capital deficit was $6,189,658, with all $3,140,000 of convertible notes and $475,821 of promissory notes classified as current. The company highlighted new OEM and reseller arrangements, including a $3,000,000 Avaya prepayment and ongoing NICE OEM revenue, along with strong VerbumCall usage growth, but these are accompanied by large warrant grants and significant dilution overhang.

Rhea-AI Summary

OneMeta Inc. reported higher Q1 2026 revenue of $180,117, up from $128,518 a year earlier, but losses and leverage increased sharply. Operating expenses rose to $2.5 million, driven mainly by higher general and administrative and research and development spending, leading to a net loss of $3,306,954 versus $954,215.

Interest expense surged to $926,373 as the company added substantial convertible notes and promissory debt, including 14% secured instruments with attached warrants. Cash was $60,124 and the working capital deficit widened to $6,075,967, with current liabilities of $6,319,486 against total assets of $245,199.

Management states there is substantial doubt about OneMeta’s ability to continue as a going concern and is seeking additional debt and equity financing. Subsequent events include a $3,000,000 reseller prepayment, a $2,850,000 repurchase of Series B‑1 preferred shares, and a default on secured promissory notes that triggered issuance of 8,750,000 common shares. The company also reports material weaknesses in internal controls over financial reporting.

Rhea-AI Summary

OneMeta Inc. reported sharply higher activity in Q3 2025 but remains unprofitable with tight liquidity. Quarterly revenue reached $474,604 (vs. $3,478 a year ago), and year‑to‑date revenue rose to $1,303,877. Net loss was $827,480 for the quarter and $2,249,160 year‑to‑date. Gross profit for the quarter was $429,074, offset by operating expenses of $1,119,712 and interest expense of $136,842.

As of September 30, 2025, cash was $138,447, current liabilities were $4,307,032, and working capital deficit was $4,076,930. Management disclosed “substantial doubt” about the company’s ability to continue as a going concern. Deferred revenue stood at $405,000, including a $700,000 OEM prepayment from NICE of which $360,000 has been recognized year‑to‑date.

Financing during 2025 included $940,000 in 0% convertible notes (third‑party) and $250,000 (related parties), plus a $353,050 promissory note with a one‑time 12% interest. Subsequent events added an $88,550 promissory note (one‑time 15%) and $2,000,000 of 14% convertible secured notes (fixed conversion price $0.08) with warrants for 6,000,000 shares at $0.08. The company used proceeds to repay $917,966 of notes and $408,486 of credit card balances to its former President, who resigned on October 31, 2025.