The Company was originally incorporated as Promotions on Wheels Holdings, Inc., a Nevada corporation, on July 3, 2006. On December 26, 2008, the name of the Company was changed to Blindspot Alert, Inc. On September 11, 2009, the Company’s name was changed to WebSafety, Inc. On March 23, 2021, the Company’s name was changed to VeriDetx Corp. On June 8, 2021, the Company’s name was changed to WebSafety, Inc. On August 1, 2022, the Company acquired Metalanguage Corp (the “Acquisition”). Metalanguage Corp. was solely owned by Saul Leal, who has become the Company’s CEO. Metalanguage Corp. owned certain intellectual property regarding the use of artificial intelligence for the translation and transcription of foreign languages. This intellectual property became the basis of the Company’s Verbum and Verbum SDK products. The Company issued shares of Series B-1 Convertible Preferred Stock and common stock to Mr. Leal in exchange for all of the stock of Metalanguage Corp (the “Acquisition”).
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|
| Revenue | 492K | - | - | - | 0 | - |
| Net Income | -3.5M | -5.6M | -6.1M | -1.3M | -1.1M | -4.0M |
| EPS | $-0.10 | $-0.17 | $-0.22 | $-0.06 | $-82.00 | $-51.00 |
| Free Cash Flow | 0 | -2.6M | -2.4M | -722K | -658K | -846K |
| ROIC | -799.9% | -1134.6% | -421.6% | -88.6% | -1400.3% | -1591.7% |
| Gross Margin | - | 0.0% | - | 0.0% | 0.0% | 0.0% |
| Debt/Equity | 0.00 | -0.48 | 1.88 | -0.06 | -0.67 | -0.00 |
| Dividends/Share | $0.00 | $0.00 | - | $0.00 | $0.00 | $0.00 |
| Operating Income | -2.3M | -4.5M | -6.1M | -1.3M | -562K | -1.1M |
| Operating Margin | -474.0% | 0.0% | - | 0.0% | 0.0% | 0.0% |
| ROE | 0.0% | - | -5219.5% | - | - | - |
| Shares Outstanding | 39M | 33M | 28M | 22M | 0M | 0M |
| Metric | 2010 | 2011 | 2012 | 2022 | |||
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | N/A | N/A | 0 | N/A | N/A | N/A | 492K |
| Gross Margin | 0.0% | 0.0% | 0.0% | 0.0% | N/A | 0.0% | N/A |
| R&D | 3K | 3K | N/A | 158K | 757K | 897K | 617K |
| SG&A | 2.9M | 2.4M | 899K | 670K | 4.1M | 2.9M | 1.9M |
| EBIT | -5.4M | -1.1M | -562K | -1.3M | -6.1M | -4.5M | -2.3M |
| Op. Margin | 0.0% | 0.0% | 0.0% | 0.0% | N/A | 0.0% | -474.0% |
| Net Income | -5.4M | -4.0M | -1.1M | -1.3M | -6.1M | -5.6M | -3.5M |
| Net Margin | 0.0% | 0.0% | 0.0% | 0.0% | N/A | 0.0% | -710.4% |
| Non-Recurring | 1.9M | 1.9M | 0 | 0 | 686K | 686K | 0 |
| Returns on Capital | |||||||
| ROIC | N/M | N/M | N/M | -88.6% | N/M | N/M | N/M |
| ROE | N/A | N/A | N/A | N/A | -5219.5% | N/A | 0.0% |
| ROA | -3409.9% | -7263.4% | -2640.2% | -90.9% | -537.5% | -768.9% | -1517.5% |
| Cash Flow | |||||||
| Op. Cash Flow | -1.5M | -846K | -658K | -722K | -2.4M | -2.6M | -1.6M |
| Free Cash Flow | -1.5M | -846K | -658K | -722K | -2.4M | -2.6M | 0 |
| Owner Earnings | -3.0M | -1.1M | -805K | -936K | -2.5M | -3.7M | -2.7M |
| CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Maint. CapEx | 763K | 59K | 45K | 0 | 0 | 0 | 0 |
| Growth CapEx | N/A | N/A | N/A | N/A | N/A | N/A | 0 |
| D&A | 763K | 59K | 45K | 0 | 0 | 0 | 0 |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | N/A | 0.0% | 0.0% |
| Stock-Based Comp | 713K | 194K | 102K | 214K | 145K | 1.1M | 1.1M |
| Debt Repayment | 0 | 0 | 18K | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||
| Net Debt | 401K | -25K | 874K | -579K | -2.0M | 868K | 1.6M |
| Cash & Equiv. | 26K | 26K | 25K | 401K | 1.1M | 216K | 277K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | 1.9M |
| Debt/Equity | -0.51 | -0.00 | -0.67 | -0.06 | 1.88 | -0.48 | 0.00 |
| Interest Coverage | -61.3 | -19.6 | -7.7 | -39.3 | -141.4 | -61.2 | -61.2 |
| Equity | -838K | -1.8M | -1.3M | -3.6M | 118K | -2.7M | -4.1M |
| Total Assets | 160K | 55K | 32K | 1.5M | 1.1M | 315K | 230K |
| Total Liabilities | 997K | 1.8M | 1.4M | 1.0M | 1.0M | 3.0M | 4.3M |
| Intangibles | N/A | N/A | N/A | 1.1M | 1.1M | N/A | N/A |
| Retained Earnings | -8.0M | -12M | -13M | -28M | -34M | -40M | -42M |
| Working Capital | -971K | -1.8M | -1.4M | -642K | 118K | -2.7M | -4.1M |
| Current Assets | 26K | 26K | 25K | 401K | 1.1M | 315K | 230K |
| Current Liabilities | 997K | 1.8M | 1.4M | 1.0M | 1.0M | 3.0M | 4.3M |
| Per Share Data | |||||||
| EPS | -78.00 | -51.00 | -82.00 | -0.06 | -0.22 | -0.17 | -0.10 |
| Owner EPS | -42.95 | -3.35 | -2.46 | -0.04 | -0.09 | -0.11 | -0.07 |
| Book Value | -12.00 | -5.40 | -4.12 | -0.16 | 0.00 | -0.08 | -0.10 |
| Cash Flow/Share | -21.81 | -2.58 | -2.01 | -0.03 | -0.09 | -0.08 | -0.09 |
| Dividends/Share | 0.00 | 0.00 | 0.00 | 0.00 | N/A | 0.00 | 0.00 |
| Shares Out. | 0.1M | 0.3M | 0.3M | 22.4M | 27.9M | 33.0M | 38.9M |
| Valuation | |||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | -1.4 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | 87.8 | N/A | N/A |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | 11.1 |
| FCF Yield | N/A | N/A | N/A | N/A | -23.0% | N/A | N/A |
| Market Cap | 0 | 0 | 0 | 0 | 10M | 0 | 5.4M |
| Avg. Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 | 0.00 | 0.14 |
| Year-End Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.37 | 0.00 | 0.14 |
OneMeta Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
OneMeta Inc. (ONEI) has a 5-year average return on invested capital (ROIC) of -88.6%. This is below average and may indicate limited pricing power.
OneMeta Inc. (ONEI) has a market capitalization of $5M. It is classified as a small-cap stock.
OneMeta Inc. (ONEI) does not currently pay a regular dividend.
OneMeta Inc. (ONEI) operates in the Services-Computer Processing & Data Preparation industry, within the Technology sector.
OneMeta Inc. (ONEI) generated $-3 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
OneMeta Inc. (ONEI) reported earnings per share (EPS) of $-0.17 in its most recent fiscal year.
The Ledger Terminal provides 6 years of financial data for OneMeta Inc. (ONEI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
OneMeta Inc. (ONEI) has a book value per share of $-0.08, based on its most recent annual SEC filing.
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