Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 432,816,982 $ 29,958,106
Restricted cash 576,575 41,215
Certificates of deposit 917,570
Investments in marketable equity securities 17,893,276
Accounts receivable, net 5,222,547 5,223,182
Inventory, net 12,522,999 9,821,692
Other current assets 8,926,036 2,476,356
Total current assets 478,875,985 47,520,551
Property and equipment, net 2,595,499 2,586,691
Other Assets:    
Goodwill, net of accumulated impairment charges 34,773,934 27,751,921
Intangible assets, net 28,120,281 27,178,057
Long-term equity investments 587,250
Deposits and other assets 663,043 663,073
Operating lease right of use assets 4,534,577 3,921,995
Total other assets 68,679,085 59,515,046
Total assets 550,150,569 109,622,288
Current Liabilities:    
Accounts payable 8,377,187 5,659,643
Operating lease liabilities 1,635,116 1,121,565
Accrued expenses and other current liabilities 7,368,895 4,719,214
Notes payable, net of unamortized debt discount and issuance costs of $0 and $226,785, respectively, related party 1,500,000 1,273,215
Convertible notes payable, net of unamortized debt discount and issuance cost of $121,124 and $5,236,362, respectively 4,108,876 31,947,445
Deferred revenue 2,097,848 329,025
Government grant liability 805,390 388,752
Total current liabilities 31,307,873 50,576,622
Long-Term Liabilities:    
Notes payable 300,000 300,000
Convertible notes payable, net of current, net of unamortized debt discount and issuance cost of $0 and $1,681,784, respectively 15,568,216
Accrued interest 23,171 20,041
Government grant liability, net of current 2,165,785 2,168,430
Operating lease liabilities, net of current 5,011,647 4,961,967
Deferred tax liability 867,483
Other liabilities 99,884 82,500
Total long-term liabilities 8,467,970 23,101,154
Total liabilities 39,775,843 73,677,776
Commitments and Contingencies
Temporary Equity    
Redeemable noncontrolling interest 23,151,014 19,361,205
Stockholders’ Equity    
Preferred stock, value
Common Stock - par value $0.0001; 400,000,000 and 300,000,000 shares authorized at September 30, 2025 and December 31, 2024, respectively; 329,515,817 and 93,173,191 issued and outstanding, respectively September 30, 2025 and December 31, 2024, respectively 32,951 9,317
Additional paid in capital 754,767,458 252,941,813
Accumulated deficit (268,722,540) (236,367,823)
Total Ondas Holdings stockholders’ equity 486,077,869 16,583,307
Noncontrolling interest 1,145,843
Total stockholders’ equity 487,223,712 16,583,307
Total liabilities and stockholders’ equity 550,150,569 109,622,288
Series A Preferred Stock    
Stockholders’ Equity    
Preferred stock, value
Related Party    
Current Liabilities:    
Convertible notes payable, net of unamortized debt discount and issuance cost of $55,439 and $362,237, respectively, related party $ 5,414,561 $ 5,137,763