Ondas Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Intangible Assets

Intangible Assets

9 Months Ended

Sep. 30, 2026

Intangible Assets [Abstract]

INTANGIBLE ASSETS

NOTE 6 – INTANGIBLE ASSETS

The components of intangible assets, all of which are finite-lived, were as follows:


	September 30, 2026							December 31, 2025
	Gross Carrying		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Useful Life (years)
(dollars in thousands)
Trademarks	$	32,454	$	(3,627	)	$	28,827	$	6,930	$	(1,488	)	$	5,442	5 - 10
FAA waiver		5,930		(3,056	)		2,874		5,930		(2,611	)		3,319	10
Developed technology		614,220		(40,995	)		573,225		113,604		(12,276	)		101,328	5 - 10
Non-compete agreements		3,521		(697	)		2,824		3,521		(37	)		3,484	4
Customer relationships		442,598		(26,124	)		416,474		23,008		(982	)		22,026	5 - 11
Other intangible assets		1,865		(641	)		1,224		2,040		(749	)		1,291	3 - 10
Total	$	1,100,588	$	(75,140	)	$	1,025,448	$	155,033	$	(18,143	)	$	136,890

Amortization expense for the three months ended September 30, 2026 and 2025 was $33.1 million and $1.1 million, respectively. Amortization expense for the nine months ended September 30, 2026 and 2025 was $57.3 million and $3.2 million, respectively. Other intangible assets represent patents, licenses, software, backlog and other marketing-related assets.

The weighted-average amortization periods for definite-lived intangible assets acquired during the nine months ended September 30, 2026 are 8.0 years for customer relationships, 7.4 years for developed technology, 6.6 years for trademarks, and 3.0 years for other intangible assets. The weighted-average amortization period for definite-lived intangible assets acquired in aggregate during the nine months ended September 30, 2026 is 7.7 years.