OneMedNet Reports 80% Reduction in Debt Enabling Focus On Growth

Core Insights - OneMedNet Corporation reported significant improvements in its financial results for Q2 2025, highlighting a stronger balance sheet and operational advancements [1][4]. Financial Highlights - Total liabilities decreased from $19.7 million as of December 31, 2024, to $6.2 million as of June 30, 2025, marking a reduction of approximately $13.5 million, or about 80% [8]. - The company achieved net income of $3.0 million for Q2 2025, with other income of $5.0 million attributed to discounted debt settlements and conversions [8]. - OneMedNet successfully completed $3.7 million in private placements, including $1.2 million from insiders, to support sales execution and platform expansion [8]. Operational Highlights - The company expanded its provider network to 1,750 healthcare sites, now offering access to 136 million clinical studies [8]. - OneMedNet enhanced its iRWD™ platform capabilities, improving AI-driven de-identification, federated search, and multi-modal data integration [8]. - The company maintains a strategic digital asset position of 15 BTC valued at $1.6 million as of June 30, 2025 [8]. Strategic Focus - OneMedNet is committed to leveraging its improved balance sheet and strong sales funnel to pursue strategic opportunities that deliver long-term value to customers, partners, and shareholders [4]. - The company aims to revolutionize the use of Real-World Data (RWD) across various industries, including healthcare, finance, retail, and telecom, by harnessing the potential of its iRWD™ platform [5][6].