| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -32,367,356 | -24,886,500 |
| Investment gains | 6,893,277 | - |
| Depreciation | 565,643 | 369,689 |
| Retirement of assets | - | 0 |
| Amortization of debt discount and issuance costs | 4,690,079 | 4,496,595 |
| Amortization of intangible assets | 3,203,867 | 2,117,175 |
| Amortization of right of use asset | 845,168 | 559,570 |
| Loss on intellectual property | -15,704 | -15,704 |
| Change in fair value of government grant liability | 198,260 | 111,074 |
| Stock-based compensation | 9,210,913 | 3,751,338 |
| Accounts receivable | -19,615 | 159,522 |
| Inventory | 2,641,942 | 1,369,271 |
| Other current assets | 5,761,619 | 3,608,230 |
| Deposits and other assets | -30 | 42,950 |
| Accounts payable | 1,177,340 | -893,629 |
| Accrued expenses and other current liabilities | 3,964,336 | 2,039,970 |
| Deferred revenue | -1,339,559 | 3,035,508 |
| Operating lease liability | -894,519 | -599,444 |
| Deferred tax liability | -11,356 | - |
| Other liabilities | 1,048 | 0 |
| Net cash flows used in operating activities | -26,017,625 | -15,062,923 |
| Patent costs | 44,812 | 27,748 |
| Proceeds from sale of equipment | - | 0 |
| Purchase of equipment | 437,298 | 266,706 |
| Purchase of software intangible | 15,615 | 11,365 |
| Purchase of long-term equity investment | 587,250 | - |
| Purchases of equity securities | 10,999,999 | - |
| Cash paid for asset acquisition, net of cash acquired | 169,724 | - |
| Cash paid for business acquisition, net of cash acquired | 6,488,921 | - |
| Net cash flows used in investing activities | -18,743,619 | -305,819 |
| Proceeds from sale of common stock and warrants, net of issuance costs | 422,308,698 | 42,677,083 |
| Proceeds from exercise of options and warrants | 23,549,209 | - |
| Proceeds from exercise of warrants in oas | 1,158,482 | 9,962,597 |
| Proceeds from sale of noncontrolling interest in ondas networks, net of issuance costs | - | 0 |
| Proceeds from convertible notes payable, net of issuance costs | 923,358 | 923,358 |
| Proceeds from government grant | 364,683 | 364,683 |
| Payments on government grant liability | 148,950 | 7,000 |
| Net cash flows provided by financing activities | 448,155,480 | 53,920,721 |
| Increase (decrease) in cash, cash equivalents, and restricted cash | 403,394,236 | 38,551,979 |
| Cash and cash equivalents at beginning of period | 29,999,321 | - |
| Cash and cash equivalents at end of period | 433,393,557 | - |
Ondas Holdings Inc. (ONDS)
Ondas Holdings Inc. (ONDS)