{ "ok": true, "cik": "1682265", "ticker": "ONAR", "name": "ONAR Holding Corporation", "filings": [ { "form": "10-Q", "filed": "2026-08-14", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226005103/0001477932-26-005103-index.htm" }, { "form": "8-K", "filed": "2026-08-11", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226004882/0001477932-26-004882-index.htm" }, { "form": "8-K", "filed": "2026-07-31", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226004647/0001477932-26-004647-index.htm" }, { "form": "8-K", "filed": "2026-07-22", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226004451/0001477932-26-004451-index.htm" }, { "form": "10-Q", "filed": "2026-07-13", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226004268/0001477932-26-004268-index.htm" }, { "form": "8-K", "filed": "2026-06-22", "items": [ "5.03 Amendments to Articles or Bylaws; Change in Fiscal Year", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226003950/0001477932-26-003950-index.htm" } ], "events12m": 6, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "NT 10-K", "label": "Late annual report notice", "count": 1, "latest": { "filed": "2026-03-31", "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226001826/0001477932-26-001826-index.htm" } }, { "code": "NT 10-Q", "label": "Late quarterly report notice", "count": 1, "latest": { "filed": "2026-05-18", "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226003285/0001477932-26-003285-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001682265.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1682265" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up ONAR Holding Corporation ($ONAR). Last filing: 10-Q, 2026-08-14. 6 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2025-06-09.", "auditor": { "changes": [ { "filed": "2025-06-09", "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793225004468/0001477932-25-004468-index.htm" }, { "filed": "2025-05-09", "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793225003500/0001477932-25-003500-index.htm" } ], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 3179519, "revenueGrowth1y": 0.6276087271454027, "revenueGrowthPerYear": 0.03264418958057691, "yearsOfData": 5, "operatingMargin": -2.3614593905556154, "operatingMarginPrior": -0.9740577253747266, "netMargin": -2.9177045332957596, "operatingCashFlow": null, "capitalSpending": 0, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 444170, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 2796138 }, { "fiscalYearEnd": "2022-12-31", "revenue": 4616404 }, { "fiscalYearEnd": "2023-12-31", "revenue": 2802065 }, { "fiscalYearEnd": "2024-12-31", "revenue": 1953491 }, { "fiscalYearEnd": "2025-12-31", "revenue": 3179519 } ], "totalEquity": -5859225, "totalAssets": 3807247, "equityRatio": -1.5389663449731525, "returnOnEquity": null, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": -0.08, "sharesOutstanding": 122617229, "bookValuePerShare": -0.047784679590174066, "revenuePerShare": 0.025930442450301988, "range80": { "low": 1853152.6709125815, "high": 8329258.260140748, "baseline": 3991453.1809450476, "n": 2483, "band": "b000", "bandLabel": "under $50M", "method": "v4.1", "credibility": 0.625, "growthYears": 6, "ownVolatility": 0.4277008945142112, "classVolatility": 0.3000583276631395, "volatility": 0.3848287404549721 }, "ifPaceHeld": { "low": 1853152.6709125815, "high": 8329258.260140748 } }, "edgarette": "🔖 Exposure: revenue $3.2M (FY2025). Experience: revenue up 62.8% on the year, up 3.3% a year over 4 years; operating margin -236.1%, down from -97.4%. Soundness: equity -153.9% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.9M and $8.3M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $1.7M to $9.3M. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, services-advertising): operating margin -236.1% against a 6.3% median; growth 62.8% against 1.0%.", "peers": { "sic": 7310, "sicDescription": "Services-Advertising", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7310", "growth": [ 0.01, 9 ], "opMargin": [ 0.0635, 9 ], "equityRatio": [ 0.475, 8 ] }, "summary": "ONAR Holding (ONAR) grew revenue 62.8% in FY2025 to $3 million, operating margin -236% against a 6.3% median for services-advertising, equity -154% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
ONAR Holding Corporation against its own record and its peers
Operating marginPeer median 6.3%-236.1%Revenue, on the yearPeer median 1.0%62.8%Equity of assetsPeer median 47.5%-153.9%Gold tick: the median of 8–8 peers with $50M+ revenue in services-advertising
", "chartHorizon": null, "backtest": { "tests": 6, "hits": 4, "rate": 0.6666666666666666, "method": "v4", "byYear": { "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 0, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-27T19:23:18.031Z", "hash": "b37d5ca4c3ec247e", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "ONAR Holding (ONAR) grew revenue 62.8% in FY2025 to $3 million, operating margin -236% against a 6.3% median for services-advertising, equity -154% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 3179519, "totalDebt": null, "cash": 444170 }, "experience": { "revenueGrowth1y": 0.6276087271454027, "revenueGrowthPerYear": 0.03264418958057691, "operatingMargin": -2.3614593905556154, "operatingMarginPrior": -0.9740577253747266, "netMargin": -2.9177045332957596, "freeCashFlow": null }, "soundness": { "equityRatio": -1.5389663449731525, "returnOnEquity": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 7310, "sicDescription": "Services-Advertising", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7310", "growth": [ 0.01, 9 ], "opMargin": [ 0.0635, 9 ], "equityRatio": [ 0.475, 8 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": { "filed": "2025-06-09", "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793225004468/0001477932-25-004468-index.htm" } }, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "NT 10-K", "label": "Late annual report notice", "count": 1, "latest": { "filed": "2026-03-31", "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226001826/0001477932-26-001826-index.htm" } }, { "code": "NT 10-Q", "label": "Late quarterly report notice", "count": 1, "latest": { "filed": "2026-05-18", "url": "https://www.sec.gov/Archives/edgar/data/1682265/000147793226003285/0001477932-26-003285-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 1853152.6709125815, "high": 8329258.260140748, "baseline": 3991453.1809450476, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 2483, "sizeBand": "under $50M", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.625, "growthYears": 6, "ownVolatility": 0.4277008945142112, "classVolatility": 0.3000583276631395, "pricedVolatility": 0.3848287404549721, "k": 3 }, "stress": { "low": 1671676.288135634, "high": 9266613.498467559, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 6, "hits": 4, "rate": 0.6666666666666666, "method": "v4", "byYear": { "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 0, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-27T19:23:18.031Z", "hash": "b37d5ca4c3ec247e", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001682265.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1682265" }, "speedCash": { "fiscalYear": 2025, "cashConversion": null, "growth3y": -0.1169, "volatility": 0.4277, "paysDividend": false, "raisedDividend": false, "equityRatio": -1.539, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": null, "band": "under $50M", "cashPctInClass": null, "growthPctInClass": 29, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "warning", "text": "filed late annual report notice, late quarterly report notice in the last 12 months" }, { "key": "balance", "text": "liabilities exceed assets (often from years of share buybacks, not always distress)" }, { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±64%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 4, "name": "Rotting at the dock", "plain": "four or more warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": null, "investing": -1809109, "financing": 3604404, "capitalSpending": 0, "free": null, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 169110, "free": 158407 }, { "fiscalYearEnd": "2022-12-31", "operating": -218250, "free": -218250 }, { "fiscalYearEnd": "2023-12-31", "operating": -377300, "free": -377300 }, { "fiscalYearEnd": "2024-12-31", "operating": -1717888, "free": -1760560 }, { "fiscalYearEnd": "2025-12-31", "operating": null, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 444170, "shortTerm": null, "longTerm": null, "equityHoldings": 0, "totalAssets": 3807247, "ladder": null, "currentRatio": 0.03, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": null, "growth3y": -0.1169, "volatility": 0.4277, "paysDividend": false, "raisedDividend": false, "equityRatio": -1.539, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": null, "band": "under $50M", "cashPctInClass": null, "growthPctInClass": 29, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "warning", "text": "filed late annual report notice, late quarterly report notice in the last 12 months" }, { "key": "balance", "text": "liabilities exceed assets (often from years of share buybacks, not always distress)" }, { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±64%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 4, "name": "Rotting at the dock", "plain": "four or more warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": null, "investing": -1809109, "financing": 3604404, "capitalSpending": 0, "free": null, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 169110, "free": 158407 }, { "fiscalYearEnd": "2022-12-31", "operating": -218250, "free": -218250 }, { "fiscalYearEnd": "2023-12-31", "operating": -377300, "free": -377300 }, { "fiscalYearEnd": "2024-12-31", "operating": -1717888, "free": -1760560 }, { "fiscalYearEnd": "2025-12-31", "operating": null, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 444170, "shortTerm": null, "longTerm": null, "equityHoldings": 0, "totalAssets": 3807247, "ladder": null, "currentRatio": 0.03, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }