| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenues, net | 10,098,310 | 6,273,388 | 4,248,182 | 1,480,792 |
| Cost of goods sold | 7,493,915 | 2,941,318 | 2,759,632 | 1,433,232 |
| Gross profit (loss) | 2,604,395 | 3,332,070 | 1,488,550 | 47,560 |
| General and administrative | 10,595,469 | 6,078,531 | 5,909,398 | 4,114,986 |
| Sales and marketing | 2,999,720 | 2,265,715 | 2,430,110 | 1,410,944 |
| Research and development | 4,512,756 | 4,236,928 | 3,459,480 | 3,182,345 |
| Total operating expenses | 18,107,945 | 12,581,174 | 11,798,988 | 8,708,275 |
| Other income | - | - | - | -1,786 |
| Operating loss | -15,503,550 | -9,249,104 | -10,310,438 | -8,660,715 |
| Other income (expense), net | 31,479 | -17,204 | -1,162 | -865,553 |
| Change in fair value of government grant liability | -87,186 | -143,349 | -124,025 | -86,307 |
| Interest and dividend income | 1,992,274 | 250,340 | 200,806 | 121,608 |
| Unrealized gain on investments | 6,893,277 | - | - | - |
| Interest expense, operating and nonoperating | - | - | - | 871,335 |
| Interest expense | 444,449 | 1,560,512 | 3,867,857 | - |
| Foreign exchange gain (loss), net | -55,245 | -30,321 | -33,674 | -27,733 |
| Total other income (expense), net | 8,330,150 | -1,501,046 | -3,825,912 | - |
| Loss before income taxes | -7,173,400 | -10,750,150 | -14,136,350 | -9,526,268 |
| Provision for income taxes | 307,456 | 0 | - | - |
| Net loss | -7,480,856 | -10,750,150 | -14,136,350 | -9,526,268 |
| Less preferred dividends attributable to noncontrolling interest | 390,000 | 390,000 | 390,000 | - |
| Temporary equity, accretion to redemption value, adjustment | - | - | - | 755,644 |
| Less deemed dividends attributable to accretion of redemption value | 924,202 | 878,480 | 817,127 | - |
| Preferred stock dividends, income statement impact | - | - | - | 390,000 |
| Less net loss attributable to noncontrolling interest | -12,639 | - | - | - |
| Net loss attributable to common stockholders | -8,782,419 | -12,018,630 | -15,343,477 | -10,671,912 |
| Net loss per share - basic (in dollars per share) | -0.03 | -0.08 | -0.15 | -0.15 |
| Net loss per share - diluted (in dollars per share) | -0.03 | -0.08 | -0.15 | -0.15 |
| Weighted average number of common shares outstanding, basic (in shares) | 259,909,415 | 150,652,998 | 105,004,818 | 70,741,662 |
| Weighted average number of common shares outstanding, diluted (in shares) | 259,909,415 | 150,652,998 | 105,004,818 | 70,741,662 |
Ondas Holdings Inc. (ONDS)
Ondas Holdings Inc. (ONDS)