Ondas Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Business Acquisition (Tables)

9 Months Ended

Sep. 30, 2021

Consideration:
Fair value of total consideration transferred	$	69,274,390

Estimated fair value of assets acquired:
Cash	$	920,011
Other current assets		102,235
Property and equipment		61,430
Intangible assets		47,260,000
Right of use asset		463,252
Other long-term assets		87,217
Total assets acquired		48,894,145
Estimated fair value of liabilities assumed:
Accounts payable		142,659
Deferred revenue		7,418
Accrued payroll and rent		42,616
Lease liabilities		447,827
Deferred tax liability		12,760,200
Total liabilities assumed		13,400,720
Total net assets acquired		35,493,425
Goodwill		33,780,965
Total	$	69,274,390