OneMeta Inc. Files 10-Q/A for Q3 2024
Ticker: ONEI · Form: 10-Q/A · Filed: Dec 13, 2024 · CIK: 1388295
Sentiment: neutral
Topics: amended-filing, 10-Q, financials
TL;DR
OneMeta filed an amended Q3 report. Check financials.
AI Summary
OneMeta Inc. filed an amended 10-Q for the period ending September 30, 2024, on December 13, 2024. The filing details financial information for the company, including its former names like WebSafety, Inc. and Blindspot Alert, Inc. The company is incorporated in Nevada and its fiscal year ends on December 31.
Why It Matters
This amended filing provides updated financial disclosures for OneMeta Inc., which could impact investor understanding of the company's performance and financial health.
Risk Assessment
Risk Level: low — This is a routine amended filing for a 10-Q, not indicating new material events.
Key Numbers
- 20240930 — Period End Date (The filing covers financial data up to this date.)
- 20241213 — Filing Date (The date the amended filing was submitted to the SEC.)
Key Players & Entities
- OneMeta Inc. (company) — Filer
- WebSafety, Inc. (company) — Former company name
- Blindspot Alert, Inc. (company) — Former company name
- 20240930 (date) — Period of report
- 20241213 (date) — Filing date
FAQ
What is the purpose of this 10-Q/A filing?
This is an amended filing for the 10-Q report for the period ending September 30, 2024, indicating potential revisions or additions to the original filing.
What was OneMeta Inc.'s former name?
OneMeta Inc. was formerly known as WebSafety, Inc. and Blindspot Alert, Inc.
In which state is OneMeta Inc. incorporated?
OneMeta Inc. is incorporated in Nevada (NV).
When does OneMeta Inc.'s fiscal year end?
OneMeta Inc.'s fiscal year ends on December 31.
What is the SEC file number for OneMeta Inc.?
The SEC file number for OneMeta Inc. is 000-56565.
Filing Stats: 4,658 words · 19 min read · ~16 pages · Grade level 15.4 · Accepted 2024-12-13 06:14:33
Key Financial Figures
- $0.001 — alue 33,964,960 Series A Preferred, $0.001 par value 2,068 Series B-1 Converti
Filing Documents
- form10-qa.htm (10-Q/A) — 808KB
- ex31-1.htm (EX-31.1) — 18KB
- ex31-2.htm (EX-31.2) — 18KB
- ex32-1.htm (EX-32.1) — 9KB
- ex32-2.htm (EX-32.2) — 9KB
- 0001493152-24-049885.txt ( ) — 4215KB
- onei-20240930.xsd (EX-101.SCH) — 25KB
- onei-20240930_cal.xml (EX-101.CAL) — 30KB
- onei-20240930_def.xml (EX-101.DEF) — 153KB
- onei-20240930_lab.xml (EX-101.LAB) — 290KB
- onei-20240930_pre.xml (EX-101.PRE) — 242KB
- form10-qa_htm.xml (XML) — 561KB
– Item 1 - Financial Information
Part I – Item 1 - Financial Information of our Original Filing has been amended; and
- Item 4 - Controls and Procedures
Part II - Item 4 - Controls and Procedures This Amendment has been signed as of a current date and all certifications of our Chief Executive Officer and Chief Financial Officer are given as of a current date. Accordingly, this Amendment should be read in conjunction with our filings made with the Securities and Exchange Commission subsequent to the filing of the Original Filing. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION 3 Item 1.
Financial Statements (Unaudited)
Financial Statements (Unaudited) 3 Balance Sheets 3 4 5 6
Notes to Financial Statements (Unaudited)
Notes to Financial Statements (Unaudited) 7 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 17 Item 4.
Controls and Procedures
Controls and Procedures 23 PART II. OTHER INFORMATION 24 Item 1.
Legal Proceedings
Legal Proceedings 24 Item 1A.
Risk Factors
Risk Factors 2 4 Item 6. Exhibits 25
SIGNATURES
SIGNATURES 26 2 PART I - FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS ONEMETA INC. BALANCE SHEETS (Unaudited) September 30, 2024 December 31, 2023 ASSETS Current assets: Cash $ 24,254 $ 1,129,935 Accounts receivable 6,160 6,935 Prepaid and other current assets 16,192 6,820 Total current assets 46,606 1,143,690 Total assets $ 46,606 $ 1,143,690 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current liabilities: Accounts payable $ 583,152 $ 522,917 Accrued expenses 23,031 - Accrued expenses, related party 471,658 281,012 Accrued expenses 471,658 281,012 Deferred revenue 16,000 - Note payable, related party 221,990 221,990 Senior secured notes payable, related party 549,000 - Total current liabilities 1,864,831 1,025,919 Total liabilities 1,864,831 1,025,919 Commitments and contingencies - - STOCKHOLDERS' EQUITY (DEFICIT) Preferred stock, $ 0.001 par value, 50,000,000 shares authorized, Series A preferred stock, $ 0.001 par value, 2,068 shares authorized, 2,068 issued and outstanding 2 2 Series B-1 convertible preferred stock, $ 0.001 par value, 8,619,420 shares authorized, 8,619,420 shares issued and outstanding 862 862 Preferred stock, value 862 862 Common stock, $ 0.001 par value, 500,000,000 shares authorized, 33,964,960 and 32,995,460 shares issued and outstanding, respectively 33,965 32,996 Additional paid in capital 34,998,705 33,992,707 Accumulated deficit ( 36,851,759 ) ( 33,908,796 ) Total stockholders' equity (deficit) ( 1,818,225 ) 117,771 Total liabilities and stockholders' equity (deficit) $ 46,606 $ 1,143,690 See accompanying notes to the unaudited financial statements. 3 ONEMETA INC. OF OPERATIONS (Unaudited) Three months ended Three months ended Nine months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 As Restated Revenue $ 3,478 $ 9,1