Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.24.2.u1
Stockholders’ Equity (Tables)
 6 Months Ended
Jun. 30, 2024
Stockholders’ Equity [Abstract]  
Schedule of Assumptions Used in the Black-Scholes Model The assumptions used in the Black-Scholes Model are set forth in the table below.
    Six Months Ended
June 30, 2024		  
    Ondas
Holdings		  
Stock price     $0.72-1.40    
Risk-free interest rate     4.29-4.62%  
Volatility     61.86-64.45%  
Expected life in years     2.75-5.00  
Dividend yield     0.00%  
Schedule of Warrants Activity A summary of our Warrants activity for the three and six months ended June 30, 2024 and related information follows:
    Number of
Shares
Under
Warrant		     Weighted
Average
Exercise
Price		     Weighted
Average
Remaining
Contractual
Life		  
Balance as of January 1, 2024     12,566,092     $ 2.22       4.71  
Granted     3,015,000       1.26          
Balance as of March 31, 2024     15,581,092     $ 2.03       4.54  
Granted     753,682       0.71          
Exercised     (46,893 )     0.03          
Cancelled     (455,834 )     9.26          
Balance as of June 30, 2024     15,831,998     $ 1.77       4.46  
Schedule of Stock Option Activity A summary of our Option activity for the three and six months ended June 30, 2024 and related information follows:
    Number of
Shares
Under
Option		     Weighted
Average
Exercise
Price		     Weighted
Average
Remaining
Contractual
Life		  
Balance as of January 1, 2024     4,854,507     $ 4.59       7.34  
Exercised     (4,535 )     0.49          
Forfeited     (58,400 )     3.12          
Canceled     (272,401 )     9.76          
Balance as of March 31, 2024     4,519,171     $ 4.30       7.30  
Granted     804,500       1.07          
Exercised     (9,660 )     0.87          
Forfeited     (43,709 )     1.74          
Canceled     (320,895 )     4.92          
Balance as of June 30, 2024     4,949,407     $ 3.77       7.79  
Vested and Exercisable as of June 30, 2024     2,364,616     $ 5.47       6.48  
Schedule of Stock-Based Compensation Expense for Stock Options Total stock-based compensation expense for stock options for the three and six months ended June 30, 2024 and 2023 is as follows:
    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2024     2023     2024     2023  
General and administrative   $ 218,635     $ 88,271     $ 290,218     $ 207,470  
Sales and marketing     80,412       128,840       151,966       258,587  
Research and development     37,089       78,311       77,405       131,602  
Cost of goods sold     19,108       16,330       37,048       19,022  
Total stock-based expense related to options   $ 355,244     $ 311,752     $ 556,637     $ 616,681  
    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2024     2023     2024     2023  
General and administrative   $ 48,477     $ 855,468     $ 106,634     $ 1,473,307  
Sales and marketing     4,065       9,498       13,564       18,893  
Research and development     211       463,151       715       794,344  
Total stock-based expense related to restricted stock units   $ 52,753     $ 1,328,117     $ 120,913     $ 2,286,544  
Schedule of Restricted Stock Unit Activity The following is a summary of restricted stock unit activity for the three and six months ended June 30, 2024:
    RSUs     Weighted
Average
Grant
Date Fair
Value		     Weighted
Average
Vesting
Period
(Years)		  
Unvested balance as of January 1, 2024     554,466     $ 1.14       0.66  
Vested     (146,419 )     0.70          
Unvested balance as of March 31, 2024     408,047     $ 1.30       0.48  
Vested     (125,375 )     0.68          
Unvested balance as of June 30, 2024     282,672     $ 1.58       0.23