Ondas Inc 2026年季度报告

FORM 10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number:001-39761 Ondas Inc.(Exact name of registrant as specified in its charter) 47-2615102 222 Lakeview Avenue, Suite 800, West Palm Beach, Florida 33401(Address of principal executive offices) (Zip Code) (888) 350-9994(Registrant’s telephone number, including area code) N/A(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange onwhichregistered Common Stock par value $0.0001 The Nasdaq Stock Market LLC Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ The number of shares outstanding of the issuer’s common stock as of May 13, 2026 was 495,762,650. ONDAS INC.INDEX TO FORM 10-Q PART I - FINANCIAL INFORMATIONItem 1.Financial Statements1Condensed Consolidated Balance Sheets1Condensed Consolidated Statements of Operations2Condensed Consolidated Statements of Comprehensive Income (Loss)3Condensed Consolidated Statements of Temporary Equity and Stockholders’ Equity4Condensed Consolidated Statements of Cash Flows5Notes to the Condensed Consolidated Financial Statements6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations49Item 3.Quantitative and Qualitative Disclosures About Market Risk55Item 4.Controls and Procedures55PART II - OTHER INFORMATION56Item 1.Legal Proceedings56Item 1A.Risk Factors56Item 2.Unregistered Sales of Equity Securities and Use of Proceeds56Item 3.Defaults Upon Senior Securities56Item 4.Mine Safety Disclosures56Item 5.Other Information56Item 6.Exhibits57 ONDAS INC.CONDENSED CONSOLIDATED BALANCE SHEETS(dollars in thousands, except par value) Cash and cash equivalents$ 1,026,003$550,744Restricted cash11,08143,615Short-term investments447,84221,750Accounts receivable, net45,29522,356Inventory, net34,28621,963Other current assets64,68925,473Total current assets1,629,196685,901 Property and equipment, net11,50810,217Goodwill381,838251,809Intangible assets, net312,514136,890Long-term equity investments42,34035,587Investment in unconsolidated affiliates, at fair value29,289-Other assets32,68512,437Total assets$ 2,439,370$ 1,132,841 LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS’ EQUITYCurrent Liabilities: Accounts payable$16,697$13,873Accrued expenses and other current liabilities70,73133,970Accrued purchase and contingent consideration39,62175,000Notes payable, related party-1,500Notes payable243704Convertible note payable, related party-3,500Convertible note payable5282,950Deferred revenue19,6278,029Government grant liability1,8702,295Total current liabilities149,317141,821 ONDAS INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except per share amounts)(Unaudited) Three Months Ended,March 31,2026March 31,2025Revenues, net$50,122$4,248Cost of goods sold25,4642,760Gross profit24,6581,488 Operating expenses:General and administrative43,3165,909Sales and marketing10,4942,430Research and development13,5193,459Total operating expenses67,32911,798 Net income (loss)361,250(14,136)Less preferred dividends attributable to noncontrolling interest-390Less deemed dividends attributable to accretion of redemption value1,289817Net loss attributable to noncontrolling interests(1,698)-Net