| Schedule of Segment Information |
The following table presents segment information for three and nine months ended
September 30, 2023:
| |
|
Three Months Ended
September 30,
2023 |
|
| |
|
Ondas
Networks |
|
|
Ondas
Autonomous
Systems |
|
|
Total |
|
| Revenue, net |
|
$ |
2,430,954 |
|
|
$ |
234,236 |
|
|
$ |
2,665,190 |
|
| Depreciation and amortization |
|
|
36,131 |
|
|
|
1,264,666 |
|
|
|
1,300,797 |
|
| Interest income |
|
|
379 |
|
|
|
- |
|
|
|
379 |
|
| Interest expense |
|
|
448,448 |
|
|
|
445,503 |
|
|
|
893,951 |
|
| Stock-based compensation |
|
|
291,324 |
|
|
|
(2,558,199 |
) |
|
|
(2,266,875 |
) |
| Net loss |
|
|
(3,840,184 |
) |
|
|
(3,452,277 |
) |
|
|
(7,292,461 |
) |
| Goodwill |
|
|
- |
|
|
|
27,671,921 |
|
|
|
27,671,921 |
|
| Capital expenditures |
|
|
39,451 |
|
|
|
55,521 |
|
|
|
94,972 |
|
| Total assets |
|
$ |
21,842,344 |
|
|
$ |
78,802,674 |
|
|
$ |
100,645,018 |
|
| |
|
Nine months Ended
September 30, 2023 |
|
| |
|
Ondas
Networks |
|
|
Ondas
Autonomous
Systems |
|
|
Total |
|
| Revenue, net |
|
$ |
5,079,652 |
|
|
$ |
5,650,493 |
|
|
$ |
10,730,145 |
|
| Depreciation and amortization |
|
|
112,659 |
|
|
|
3,639,556 |
|
|
|
3,752,215 |
|
| Interest income |
|
|
4,058 |
|
|
|
3,666 |
|
|
|
7,724 |
|
| Interest expense |
|
|
1,628,151 |
|
|
|
1,569,449 |
|
|
|
3,197,600 |
|
| Stock-based compensation |
|
|
839,834 |
|
|
|
(203,484 |
) |
|
|
636,350 |
|
| Net loss |
|
|
(11,998,183 |
) |
|
|
(18,707,915 |
) |
|
|
(30,706,098 |
) |
| Goodwill |
|
|
- |
|
|
|
27,671,921 |
|
|
|
27,671,921 |
|
| Capital expenditures |
|
|
39,451 |
|
|
|
55,521 |
|
|
|
94,972 |
|
| Total assets |
|
$ |
21,842,344 |
|
|
$ |
78,802,674 |
|
|
$ |
100,645,018 |
|
|