Ondas Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Business Acquisition (Tables)

3 Months Ended

Mar. 31, 2022

Fair value of total consideration transferred	$	69,311,577
Fair value of assets acquired:
Cash	$	920,011
Other current assets		148,043
Property and equipment		61,430
Intangible assets		26,180,000
Right of use asset		463,252
Other long-term assets		87,217
Total assets acquired		27,859,953
Fair value of liabilities assumed:
Accounts payable		129,541
Deferred revenue		32,992
Accrued payroll and rent		42,617
Lease liabilities		447,827
Deferred tax liability		2,921,982
Total liabilities assumed		3,574,959
Total net assets acquired		24,284,994
Goodwill		45,026,583
Total	$	69,311,577