v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues, net $ 83,772 $ 6,273 $ 133,894 $ 10,522
Cost of goods sold 47,641 2,941 73,105 5,701
Gross profit 36,131 3,332 60,789 4,821
Operating expenses:        
General and administrative 128,007 6,079 171,323 11,988
Sales and marketing 20,883 2,266 31,377 4,696
Research and development 30,953 4,237 44,472 7,696
Change in fair value of contingent consideration 19,234 0 19,234 0
Total operating expenses 199,077 12,582 266,406 24,380
Operating loss (162,946) (9,250) (205,617) (19,559)
Other income (expense), net        
Interest expense (1,041) (1,561) (1,378) (5,428)
Other income (expense), net 45,238 60 449,743 102
Total other income (expense), net 44,197 (1,501) 448,365 (5,326)
Income (loss) before provision for income taxes (118,749) (10,751) 242,748 (24,885)
Provision for (benefit from) income taxes (29,053) 0 (28,807) 0
Net income (loss) (89,696) (10,751) 271,555 (24,885)
Less preferred dividends attributable to noncontrolling interest 0 390 0 780
Less deemed dividends attributable to accretion of redemption value 342 878 1,631 1,695
Net loss attributable to noncontrolling interests (1,451) 0 (3,149) 0
Net income (loss) attributable to Ondas Inc. stockholders $ (88,587) $ (12,019) $ 273,073 $ (27,360)
Net income (loss) per share – basic (in Dollars per share) $ (0.18) $ (0.08) $ 0.41 $ (0.21)
Net income (loss) per share – diluted (in Dollars per share) $ (0.19) $ (0.08) $ 0.38 $ (0.21)
Weighted average number of common shares outstanding, basic and diluted        
Basic (in Shares) 500,709 150,653 473,053 127,955
Diluted (in Shares) 503,593 150,653 491,308 127,955