| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | NaN | NaN | -7,480,856 | -10,750,150 |
| Net income (loss) | 361,250,000 | -133,380,000 | NaN | NaN |
| Unrealized losses on investments | -2,617,000 | -1,493,277 | 6,893,277 | NaN |
| Depreciation | 669,000 | 380,357 | 195,954 | 369,689 |
| Amortization of debt discount and issuance cost | NaN | 176,921 | 193,484 | 1,193,342 |
| Amortization of intangible assets | 5,622,000 | 2,604,133 | 1,086,692 | 1,055,306 |
| Amortization of right of use asset | 389,000 | 386,832 | 285,598 | 337,596 |
| Noncash interest expense | 383,000 | 331,000 | NaN | NaN |
| Provision for obsolete inventory | NaN | 923,000 | NaN | NaN |
| Loss on intellectual property | NaN | -296 | 0 | -15,704 |
| Gain on disposal of equipment | 110,000 | 0 | NaN | NaN |
| Change in fair value of warrant liability | -389,548,000 | 82,225,000 | NaN | NaN |
| Gain on deconsolidation of subsidiary | 51,453,000 | NaN | NaN | NaN |
| Loss on acquisition of variable interest entity | -46,150,000 | NaN | NaN | NaN |
| Change in fair value of government grant liability | 104,000 | -150,260 | 87,186 | 143,350 |
| Stock-based compensation | 19,658,000 | 6,805,087 | 5,459,575 | 2,178,693 |
| Accounts receivable | 11,726,000 | 13,614,615 | -179,137 | 3,468,933 |
| Inventory | 4,129,000 | 2,194,058 | 1,272,671 | 642,108 |
| Other current assets | 29,619,976 | NaN | 2,153,389 | 560,635 |
| Other current assets | NaN | 18,945,030 | -42,980 | 11,435 |
| Other assets | NaN | 725,000 | NaN | NaN |
| Deposits and other assets | 10,258,000 | NaN | NaN | NaN |
| Accounts payable | -288,000 | 3,278,660 | 2,070,969 | 267,128 |
| Accrued expenses and other current liabilities | 15,614,000 | 18,134,664 | 1,924,366 | 1,234,382 |
| Deferred revenue | -2,655,000 | 1,515,559 | -4,375,067 | 3,035,508 |
| Gain on termination of operating lease | NaN | 0 | NaN | NaN |
| Operating lease liability | -593,000 | -577,481 | -295,075 | -311,331 |
| Cash paid for right of use asset | NaN | 0 | NaN | NaN |
| Deferred tax liability | -673,000 | -4,644 | -11,356 | NaN |
| Credit losses | NaN | 0 | NaN | NaN |
| Other liabilities | 13,000 | 478,952 | 1,048 | NaN |
| Net cash flows used in operating activities | -51,298,000 | -12,728,375 | -10,954,702 | -8,403,659 |
| Patent costs | NaN | 22,188 | 17,064 | 3,596 |
| Purchase of property and equipment | 1,332,000 | 1,596,702 | 170,592 | 95,839 |
| Purchase of software intangible | NaN | 22,385 | 4,250 | 11,365 |
| Purchase of long-term equity investment | NaN | NaN | 587,250 | NaN |
| Proceeds from sale of property and equipment | 110,000 | 0 | NaN | NaN |
| Purchase of long-term equity investments | 5,000,000 | 24,587,001 | 10,999,999 | NaN |
| Purchases of short-term investments | 452,238,000 | 15,428,000 | NaN | NaN |
| Cash paid for asset acquisition, net of cash acquired | NaN | 169,000 | NaN | NaN |
| Maturities of short-term investments | 23,147,000 | NaN | NaN | NaN |
| Cash paid for acquisition, net of cash acquired | 31,770,000 | 206,809,000 | NaN | NaN |
| Cash paid for asset acquisition, net of cash acquired | NaN | NaN | 169,724 | NaN |
| Deconsolidation of subsidiary cash | 7,011,000 | NaN | NaN | NaN |
| Cash paid for business acquisition, net of cash acquired | NaN | NaN | 6,488,921 | NaN |
| All other investing activities | 73,000 | NaN | NaN | NaN |
| Net cash flows used in investing activities | -474,167,000 | -241,388,381 | -18,437,800 | -110,800 |
| Proceeds from exercise of options and warrants | 10,039,000 | 7,287,791 | 23,549,209 | NaN |
| Proceeds from exercise of warrants in ondas autonomous systems | NaN | -482 | -8,804,115 | 8,978,702 |
| Proceeds from sale of common stock and warrants, net of issuance costs | 959,104,000 | 407,208,302 | 379,631,615 | 42,677,083 |
| Proceeds from convertible notes payable, net of issuance costs | NaN | 923,000 | NaN | NaN |
| Proceeds from notes payable | NaN | -688,358 | 0 | 0 |
| Proceeds from government grant | NaN | 317 | 0 | 0 |
| Payments on notes payable | 305,000 | 29,000 | NaN | NaN |
| Payments of issuance costs related to debt conversion | NaN | 11,000 | NaN | NaN |
| Payments on government grant liability | 373,000 | 193,050 | 141,950 | 0 |
| Proceeds from convertible notes payable, net of issuance costs, related party | NaN | 0 | NaN | NaN |
| Proceeds from notes payable, net of issuance costs, related party | NaN | 0 | NaN | NaN |
| Proceeds from sale of noncontrolling interest in ondas networks, net of issuance costs | NaN | 0 | NaN | NaN |
| Net cash flows provided by financing activities | 968,465,000 | 414,497,520 | 394,234,759 | 51,655,785 |
| Increase (decrease) in cash, cash equivalents, and restricted cash | 443,000,000 | 160,380,764 | 364,842,257 | 43,141,326 |
| Effect of exchange rate on cash | -275,000 | NaN | NaN | NaN |
| Cash, cash equivalents, and restricted cash beginning of period | 594,359,000 | 433,393,557 | 68,551,300 | 25,409,974 |
| Cash, cash equivalents, and restricted cash end of period | 1,037,084,000 | 594,359,000 | 433,393,557 | 68,551,300 |
Ondas Inc. (ONDS)
Ondas Inc. (ONDS)