Stockholders’ Equity (Tables)
|
12 Months Ended |
Dec. 31, 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.
| |
|
Ondas Holdings |
|
| |
|
2024 |
|
|
2023 |
|
| Stock price |
|
$ |
0.72-1.40 |
|
|
$ |
1.14-2.00 |
|
| Risk-free interest rate |
|
|
3.71-4.62% |
|
|
|
4.09-4.70% |
|
| Volatility |
|
|
56.15-82.03% |
|
|
|
50.64-55.34% |
|
| Expected life in years |
|
|
2.00-5.00 |
|
|
|
0.12-5.00 |
|
| Dividend yield |
|
|
0.00% |
|
|
|
0.00% |
|
The assumptions used in the
Black-Scholes Model are set forth in the table below.
| | | 2024 | | | 2023 | |
| Stock price | | $ | 1.00 | | | $ | 1.24 – $2.06 | |
| Risk-free interest rate | | | 4.43% | | | | 3.61 – 4.82% | |
| Volatility | | | 58.58% | | | | 49.83 – 58.92% | |
| Expected life in years | | | 6.25 | | | | 0.12 – 6.25 | |
| Dividend yield | | | 0.00% | | | | 0.00% | |
|
| Schedule of Warrants Activity |
A summary of our Warrants
activity 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 |
| |
14,435,301 |
|
| |
0.90 |
|
| |
|
|
| Exercised |
| |
(46,993 |
) |
| |
0.03 |
|
| |
|
|
| Cancelled |
| |
(464,290 |
) |
| |
9.32 |
|
| |
|
|
| Balance as of December 31, 2024 |
| |
26,490,110 |
|
| $ |
1.70 |
|
| |
3.84 |
|
| Vested and Exercisable as of December 31, 2024 |
| |
15,555,975 |
|
| $ |
1.78 |
|
| |
3.95 |
|
|
| Schedule of Option Activity |
A summary of our Option activity
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 |
|
| Granted |
| |
804,500 |
|
| $ |
1.07 |
|
| |
|
|
| Exercised |
| |
(76,867 |
) |
| $ |
0.77 |
|
| |
|
|
| Forfeited |
| |
(260,297 |
) |
| $ |
1.75 |
|
| |
|
|
| Canceled |
| |
(1,032,484 |
) |
| $ |
6.56 |
|
| |
|
|
| Balance as of December 31, 2024 |
| |
4,289,359 |
|
| $ |
3.70 |
|
| |
7.59 |
|
| Vested and Exercisable as of December 31, 2024 |
| |
2,424,514 |
|
| $ |
4.88 |
|
| |
6.91 |
|
|
| Schedule of Stock-Based Compensation Expense for Stock Options |
Total stock-based compensation
expense for stock options for the years ended December 31, 2024 and 2023 is as follows:
| |
|
Years Ended December 31, |
|
| |
|
2024 |
|
|
2023 |
|
| General and administrative |
|
$ |
272,159 |
|
|
$ |
343,371 |
|
| Sales and marketing |
|
|
239,489 |
|
|
|
523,798 |
|
| Research and development |
|
|
140,991 |
|
|
|
223,513 |
|
| Cost of goods sold |
|
|
73,433 |
|
|
|
50,341 |
|
| Total stock-based expense related to options |
|
$ |
726,072 |
|
|
$ |
1,141,023 |
|
Total stock-based
compensation expense for RSUs for the years ended December 31, 2024 and 2023 is as follows:
| |
|
Years Ended December 31, |
|
| |
|
2024 |
|
|
2023 |
|
| General and administrative |
|
$ |
179,216 |
|
|
$ |
(152,814 |
) |
| Sales and marketing |
|
|
13,564 |
|
|
|
90,899 |
|
| Research and development |
|
|
715 |
|
|
|
(31,710 |
) |
| Total stock-based expense related to RSUs |
|
$ |
193,495 |
|
|
$ |
(93,625 |
) |
|
| Schedule of Restricted Stock Unit Activity |
A summary of our RSUs activity
and related information follows:
| |
| RSUs |
|
| Weighted Average Grant Date Fair Value |
|
| Weighted
Average
Vesting Period (Years) |
|
| Unvested balance at January 1, 2024 |
| |
554,466 |
|
| $ |
1.14 |
|
| |
0.66 |
|
| Granted |
| |
252,417 |
|
| $ |
0.68 |
|
| |
|
|
| Vested |
| |
(554,466 |
) |
| |
1.14 |
|
| |
|
|
| Unvested balance at December 31, 2024 |
| |
252,417 |
|
| $ |
0.68 |
|
| |
0.75 |
|
|