| Schedule of Segment Information |
The Company has no inter-segment sales. The following table presents segment information
for three and six months ended June 30, 2024 and 2023:
| |
|
Three Months Ended |
|
|
Three Months Ended |
|
| |
|
June 30, 2024 |
|
|
June 30, 2023 |
|
| |
|
Ondas
Networks |
|
|
OAS |
|
|
Total |
|
|
Ondas
Networks |
|
|
OAS |
|
|
Total |
|
| Revenue, net |
|
$ |
659,298 |
|
|
$ |
298,553 |
|
|
$ |
957,851 |
|
|
$ |
1,518,496 |
|
|
$ |
3,950,468 |
|
|
$ |
5,468,964 |
|
| Depreciation and amortization |
|
|
32,631 |
|
|
|
1,131,980 |
|
|
|
1,164,611 |
|
|
|
40,784 |
|
|
|
1,179,252 |
|
|
|
1,220,036 |
|
| Interest income |
|
|
49,818 |
|
|
|
37,458 |
|
|
|
87,276 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Interest expense |
|
|
350,184 |
|
|
|
353,367 |
|
|
|
703,551 |
|
|
|
270,739 |
|
|
|
237,437 |
|
|
|
508,176 |
|
| Stock based compensation |
|
|
190,606 |
|
|
|
217,391 |
|
|
|
407,997 |
|
|
|
280,979 |
|
|
|
1,358,890 |
|
|
|
1,639,869 |
|
| Net loss |
|
|
(4,114,419 |
) |
|
|
(4,155,317 |
) |
|
|
(8,269,736 |
) |
|
|
(3,932,756 |
) |
|
|
(5,025,330 |
) |
|
|
(8,958,086 |
) |
| Goodwill |
|
|
- |
|
|
|
27,751,921 |
|
|
|
27,751,921 |
|
|
|
- |
|
|
|
27,671,921 |
|
|
|
27,671,921 |
|
| Capital expenditure |
|
|
592,562 |
|
|
|
501,589 |
|
|
|
1,094,151 |
|
|
|
8,549 |
|
|
|
56,621 |
|
|
|
65,170 |
|
| Total assets |
|
$ |
12,648,854 |
|
|
$ |
69,872,082 |
|
|
$ |
82,520,936 |
|
|
$ |
7,915,713 |
|
|
$ |
76,645,866 |
|
|
$ |
84,561,579 |
|
| |
|
Six Months Ended |
|
|
Six Months Ended |
|
| |
|
June 30, 2024 |
|
|
June 30, 2023 |
|
| |
|
Ondas
Networks |
|
|
OAS |
|
|
Total |
|
|
Ondas
Networks |
|
|
OAS |
|
|
Total |
|
| Revenue, net |
|
$ |
971,130 |
|
|
$ |
611,730 |
|
|
$ |
1,582,860 |
|
|
$ |
2,648,698 |
|
|
$ |
5,416,257 |
|
|
$ |
8,064,955 |
|
| Depreciation and amortization |
|
|
57,731 |
|
|
|
2,282,162 |
|
|
|
2,339,893 |
|
|
|
76,528 |
|
|
|
2,374,890 |
|
|
|
2,451,418 |
|
| Interest income |
|
|
129,850 |
|
|
|
54,927 |
|
|
|
184,777 |
|
|
|
3,673 |
|
|
|
3,672 |
|
|
|
7,345 |
|
| Interest expense |
|
|
742,183 |
|
|
|
743,979 |
|
|
|
1,486,162 |
|
|
|
1,179,703 |
|
|
|
1,123,946 |
|
|
|
2,303,649 |
|
| Stock based compensation |
|
|
328,094 |
|
|
|
349,456 |
|
|
|
677,550 |
|
|
|
548,510 |
|
|
|
2,354,715 |
|
|
|
2,903,225 |
|
| Net loss |
|
|
(8,690,177 |
) |
|
|
(9,455,643 |
) |
|
|
(18,145,820 |
) |
|
|
(8,157,999 |
) |
|
|
(15,255,638 |
) |
|
|
(23,413,637 |
) |
| Goodwill |
|
|
- |
|
|
|
27,751,921 |
|
|
|
27,751,921 |
|
|
|
- |
|
|
|
27,671,921 |
|
|
|
27,671,921 |
|
| Capital expenditure |
|
|
957,382 |
|
|
|
1,324,855 |
|
|
|
2,282,237 |
|
|
|
8,549 |
|
|
|
56,621 |
|
|
|
65,170 |
|
| Total assets |
|
$ |
12,648,854 |
|
|
$ |
69,872,082 |
|
|
$ |
82,520,936 |
|
|
$ |
7,915,713 |
|
|
$ |
76,645,866 |
|
|
$ |
84,561,579 |
|
|