Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Revenues, net $ 50,731 $ 7,193
Cost of goods sold 30,575 6,848
Gross profit 20,156 345
Operating expenses:    
General and administrative 44,474 17,142
Sales and marketing 13,187 5,336
Research and development 20,879 12,476
Total operating expenses 78,540 34,954
Operating loss (58,384) (34,609)
Other income (expense), net    
Other income (expense), net 11 (20)
Change in fair value of warrant liability, net (82,225)
Change in fair value of government grant liability (204) 95
Interest and dividend income 9,112 235
Unrealized gain on investments 5,400
Interest expense (6,575) (3,620)
Foreign exchange gain (loss), net (27) (88)
Total other income (expense), net (74,508) (3,398)
Loss before provision for income taxes (132,892) (38,007)
Provision for income taxes 488
Net loss (133,380) (38,007)
Less preferred dividends attributable to noncontrolling interest 1,560 1,504
Less deemed dividends attributable to accretion of redemption value 3,592 2,908
Less net loss attributable to noncontrolling interest (1,361)
Net loss attributable to Ondas Inc. stockholders $ (137,171) $ (42,419)
Net loss per share - basic (in Dollars per share) $ (0.62) $ (0.61)
Net loss per share - diluted (in Dollars per share) $ (0.62) $ (0.61)
Weighted average number of common shares outstanding, basic (in Shares) 221,769 69,917
Weighted average number of common shares outstanding, diluted (in Shares) 221,769 69,917