| Schedule of Segment Information |
The Company has no inter-segment sales. The following table presents segment information
for three and nine months ended September 30, 2024 and 2023:
| |
|
Three Months Ended |
|
|
Three Months Ended |
|
| |
|
September 30, 2024 |
|
|
September 30, 2023 |
|
| |
|
Ondas
Networks |
|
|
OAS |
|
|
Total |
|
|
Ondas
Networks |
|
|
OAS |
|
|
Total |
|
| Revenue, net |
|
$ |
445,288 |
|
|
$ |
1,035,504 |
|
|
$ |
1,480,792 |
|
|
$ |
2,430,954 |
|
|
$ |
234,236 |
|
|
$ |
2,665,190 |
|
| Depreciation and amortization |
|
|
78,462 |
|
|
|
1,168,011 |
|
|
|
1,246,473 |
|
|
|
36,131 |
|
|
|
1,264,666 |
|
|
|
1,300,797 |
|
| Interest income |
|
|
13,024 |
|
|
|
108,584 |
|
|
|
121,608 |
|
|
|
379 |
|
|
|
- |
|
|
|
379 |
|
| Interest expense |
|
|
451,834 |
|
|
|
419,501 |
|
|
|
871,335 |
|
|
|
448,448 |
|
|
|
445,503 |
|
|
|
893,951 |
|
| Stock based compensation |
|
|
149,579 |
|
|
|
161,554 |
|
|
|
311,133 |
|
|
|
291,324 |
|
|
|
(2,558,199 |
) |
|
|
(2,266,875 |
) |
| Net loss |
|
|
(3,895,946 |
) |
|
|
(5,630,322 |
) |
|
|
(9,526,268 |
) |
|
|
(3,840,184 |
) |
|
|
(3,452,277 |
) |
|
|
(7,292,461 |
) |
| Goodwill |
|
|
- |
|
|
|
27,751,921 |
|
|
|
27,751,921 |
|
|
|
- |
|
|
|
27,671,921 |
|
|
|
27,671,921 |
|
| Capital expenditure |
|
|
100,650 |
|
|
|
158,736 |
|
|
|
259,386 |
|
|
|
39,451 |
|
|
|
55,521 |
|
|
|
94,972 |
|
| Total assets |
|
$ |
11,328,087 |
|
|
$ |
68,830,569 |
|
|
$ |
80,158,656 |
|
|
$ |
21,842,344 |
|
|
$ |
78,802,674 |
|
|
$ |
100,645,018 |
|
| |
|
Nine Months Ended |
|
|
Nine Months Ended |
|
| |
|
September 30, 2024 |
|
|
September 30, 2023 |
|
| |
|
Ondas
Networks |
|
|
OAS |
|
|
Total |
|
|
Ondas
Networks |
|
|
OAS |
|
|
Total |
|
| Revenue, net |
|
$ |
1,416,418 |
|
|
$ |
1,647,234 |
|
|
$ |
3,063,652 |
|
|
$ |
5,079,652 |
|
|
$ |
5,650,493 |
|
|
$ |
10,730,145 |
|
| Depreciation and amortization |
|
|
136,193 |
|
|
|
3,450,173 |
|
|
|
3,586,366 |
|
|
|
112,659 |
|
|
|
3,639,556 |
|
|
|
3,752,215 |
|
| Interest income |
|
|
142,874 |
|
|
|
163,511 |
|
|
|
306,385 |
|
|
|
4,058 |
|
|
|
3,666 |
|
|
|
7,724 |
|
| Interest expense |
|
|
1,194,017 |
|
|
|
1,163,480 |
|
|
|
2,357,497 |
|
|
|
1,628,151 |
|
|
|
1,569,449 |
|
|
|
3,197,600 |
|
| Stock based compensation |
|
|
477,673 |
|
|
|
511,010 |
|
|
|
988,683 |
|
|
|
839,834 |
|
|
|
(203,484 |
) |
|
|
636,350 |
|
| Net loss |
|
|
(12,586,123 |
) |
|
|
(15,085,965 |
) |
|
|
(27,672,088 |
) |
|
|
(11,998,183 |
) |
|
|
(18,707,915 |
) |
|
|
(30,706,098 |
) |
| Goodwill |
|
|
- |
|
|
|
27,751,921 |
|
|
|
27,751,921 |
|
|
|
- |
|
|
|
27,671,921 |
|
|
|
27,671,921 |
|
| Capital expenditure |
|
|
1,058,032 |
|
|
|
548,326 |
|
|
|
1,606,358 |
|
|
|
39,451 |
|
|
|
55,521 |
|
|
|
94,972 |
|
| Total assets |
|
$ |
11,328,087 |
|
|
$ |
68,830,569 |
|
|
$ |
80,158,656 |
|
|
$ |
21,842,344 |
|
|
$ |
78,802,674 |
|
|
$ |
100,645,018 |
|
|