| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,026,003,000 | 550,744,000 | 432,816,982 | 67,567,978 |
| Restricted cash | 11,081,000 | 43,615,000 | 576,575 | 983,322 |
| Short-term investments | NaN | 21,750,000 | 917,570 | NaN |
| Investments in marketable equity securities | NaN | NaN | 17,893,276 | NaN |
| Short-term investments | 447,842,000 | NaN | NaN | NaN |
| Accounts receivable, net | 45,295,000 | 22,356,000 | 5,222,547 | 5,382,704 |
| Inventory, net | 34,286,000 | 21,963,000 | 12,522,999 | 11,190,963 |
| Other current assets | 64,689,000 | 25,473,000 | 8,926,036 | 6,084,586 |
| Total current assets | 1,629,196,000 | 685,901,000 | 478,875,985 | 91,209,553 |
| Property and equipment gross | NaN | 14,871,000 | 6,821,550 | 6,367,594 |
| Less accumulated depreciation | NaN | 4,654,000 | 4,226,051 | 3,883,886 |
| Property and equipment, net | 11,508,000 | 10,217,000 | 2,595,499 | 2,483,708 |
| Goodwill | 381,838,000 | 251,809,000 | 34,773,934 | 27,751,921 |
| Intangible assets, net | 312,514,000 | 136,890,000 | 28,120,281 | 25,084,291 |
| Long-term equity investments | 42,340,000 | 35,587,000 | 587,250 | NaN |
| Deposits and other assets | NaN | NaN | 663,043 | 706,023 |
| Operating lease right of use assets | NaN | NaN | 4,534,577 | 4,715,310 |
| Investment in unconsolidated affiliates | 29,289,000 | NaN | NaN | NaN |
| Total other assets | NaN | NaN | NaN | 58,257,545 |
| Other assets | 32,685,000 | 12,437,000 | 68,679,085 | NaN |
| Total assets | 2,439,370,000 | 1,132,841,000 | 550,150,569 | 151,950,806 |
| Accounts payable | 16,697,000 | 13,873,000 | 8,377,187 | 4,766,014 |
| Operating lease liabilities | NaN | NaN | 1,635,116 | 1,522,279 |
| Accrued expenses and other current liabilities | 70,731,000 | 33,970,000 | 7,368,895 | 4,822,251 |
| Accrued purchase and contingent consideration | 39,621,000 | 75,000,000 | NaN | NaN |
| Notes payable, net of unamortized debt discount and issuance costs of 0 and 227, respectively, related party | NaN | 1,500,000 | 1,500,000 | 1,500,000 |
| Notes payable | 243,000 | 704,000 | NaN | NaN |
| Convertible notes payable, net of unamortized debt discount and issuance cost of 55,439 and 362,237, respectively, related party | NaN | NaN | 5,414,561 | 5,350,430 |
| Convertible note payable, net of unamortized debt discount and issuance cost of 0 and 362, respectively, related party | NaN | 3,500,000 | NaN | NaN |
| Convertible note payable | 528,000 | 2,950,000 | 4,108,876 | 9,224,322 |
| Deferred revenue | 19,627,000 | 8,029,000 | 2,097,848 | 3,364,533 |
| Government grant liability | 1,870,000 | 2,295,000 | 805,390 | 939,686 |
| Total current liabilities | 149,317,000 | 141,821,000 | 31,307,873 | 31,489,515 |
| Notes payable, net of current portion | 188,000 | NaN | NaN | NaN |
| Notes payable | NaN | NaN | 300,000 | 300,000 |
| Accrued purchase and contingent consideration, net of current portion | 88,481,000 | NaN | NaN | NaN |
| Accrued interest | NaN | NaN | 23,171 | 19,848 |
| Convertible notes payable, net of current portion | 3,410,000 | 3,834,000 | NaN | NaN |
| Government grant liability, net of current portion | 1,586,000 | 1,362,000 | 2,165,785 | 2,086,253 |
| Operating lease liabilities, net of current | NaN | NaN | 5,011,647 | 5,314,694 |
| Warrant liability | 1,058,990,000 | 489,434,000 | NaN | NaN |
| Deferred tax liability | 48,292,000 | 14,531,000 | 867,483 | NaN |
| Other long-term liabilities | 8,791,000 | 10,244,000 | 99,884 | 82,500 |
| Total long-term liabilities | NaN | NaN | 8,467,970 | 7,803,295 |
| Total liabilities | 1,359,055,000 | 661,226,000 | 39,775,843 | 39,292,810 |
| Redeemable noncontrolling interests | 2,454,000 | 29,796,000 | 23,151,014 | 21,836,812 |
| Common stock par value 0.0001 800,000,000 shares authorized at march 31, 2026 and december 31, 2025 469,062,109 and 380,763,481 issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 46,000 | 38,000 | 32,951 | 20,673 |
| Additional paid in capital | 1,079,757,000 | 805,828,000 | 754,767,458 | 352,054,834 |
| Accumulated other comprehensive (loss) income | -361,000 | 329,000 | NaN | NaN |
| Accumulated deficit | -5,438,000 | -368,387,000 | -268,722,540 | -261,254,323 |
| Total ondas inc. stockholders equity | 1,074,004,000 | 437,808,000 | 486,077,869 | 90,821,184 |
| Noncontrolling interest | 3,857,000 | 4,011,000 | 1,145,843 | NaN |
| Total stockholders equity | 1,077,861,000 | 441,819,000 | 487,223,712 | NaN |
| Total liabilities, temporary equity, and stockholders equity | 2,439,370,000 | 1,132,841,000 | 550,150,569 | 151,950,806 |
Ondas Inc. (ONDS)
Ondas Inc. (ONDS)