Ondas Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 13, 2026
ONDS$5.57-6.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| 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 | - | 19,234 | - |
| 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) | - | (28,807) | - |
| Net income (loss) | (89,696) | (10,751) | 271,555 | (24,885) |
| Less preferred dividends attributable to noncontrolling interest | - | 390 | - | 780 |
| Less deemed dividends attributable to accretion of redemption value | 342 | 878 | 1,631 | 1,695 |
| Net loss attributable to noncontrolling interests | (1,451) | - | (3,149) | - |
| Net income (loss) attributable to Ondas Inc. stockholders | $(88,587) | $(12,019) | $273,073 | $(27,360) |
| Net income (loss) per share – basic | $(0.18) | $(0.08) | $0.41 | (0.21) |
| Net income (loss) per share – diluted | $(0.19) | $(0.08) | $0.38 | (0.21) |
| Weighted average number of common shares outstanding, basic and diluted | ||||
| Basic | 500,709 | 150,653 | 473,053 | 127,955 |
| Diluted | 503,593 | 150,653 | 491,308 | 127,955 |
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