Ondas Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	432.82	29.96	14.98	29.78	40.82	26.06
Cash & Short-Term Investments	432.82	29.96	14.98	29.78	40.82	26.06
Cash Growth	15180.12%	100.00%	-49.69%	-27.05%	56.62%	1110.42%
Accounts Receivable	5.22	5.22	3.43	0.1	1.21	0.05
Other Receivables	-	-	-	2	-	-
Total Trade Receivables	5.22	5.22	3.43	2.1	1.21	0.05
Inventory	12.52	9.82	2.19	2.17	1.18	1.15
Other Current Assets	9.5	2.52	3.01	1.75	1.45	0.63
Total Current Assets	478.88	47.52	23.61	35.8	44.66	27.89
Net Property, Plant & Equipment	7.13	6.51	8.88	5.95	1.87	0.21
Other Intangible Assets	-	-	31.33	28.86	25.17	0.38
Goodwill	34.77	27.75	27.75	25.61	45.03	0.46
Long-Term Investments	0.59	-	-	1.5	0.5	-
Other Long-Term Assets	0.66	0.66	0.6	0.22	0.22	0.03
Total Assets	550.15	109.62	92.16	97.95	117.44	28.51
Accounts Payable	8.38	5.66	5.18	2.97	2.41	2.37
Accrued Expenses	7.37	4.72	3.59	3.27	1.15	2.83
Short-Term Debt	-	-	-	-	-	0.06
Current Portion of Long-Term Debt	11.02	38.36	25.69	15.85	-	7
Current Portion of Leases	1.64	1.12	0.69	0.58	0.55	0.06
Unearned Revenue	2.1	0.33	0.28	0.06	0.51	0.17
Other Current Liabilities	0.81	0.39	0.52	-	-	-
Total Current Liabilities	31.31	50.58	35.94	22.73	4.62	12.49
Long-Term Debt	0.3	15.87	3.11	14.5	0.3	0.91
Long-Term Leases	5.01	4.96	5.8	2.46	0.24	-
Other Long-Term Liabilities	3.16	2.27	2.26	0.04	0.04	0.04
Total Long-Term Liabilities	8.47	23.1	11.17	17	0.58	0.94
Total Liabilities	39.78	73.68	47.11	39.72	5.21	13.43
Common Stock	0.03	0.01	0.01	0	0	0
Additional Paid-in Capital	754.77	252.94	231.49	211.73	192.5	80.33
Retained Earnings	-268.72	-236.37	-198.36	-153.52	-80.27	-65.25
Total Common Shareholders' Equity	486.08	16.58	33.14	58.22	112.23	15.08
Minority Interest	24.3	19.36	11.92	-	-	-
Shareholders' Equity	510.37	35.94	45.06	58.22	112.23	15.08
Total Liabilities & Equity	550.15	109.62	92.16	97.95	117.44	28.51
Total Debt	17.97	60.31	35.29	33.39	1.09	8.03
Net Cash (Debt)	414.85	-30.35	-20.31	-3.61	39.72	18.03
Net Cash Growth	-	-	-	-	120.26%	-
Net Cash Per Share	2.79	-0.43	-0.39	-0.09	1.16	0.88
Book Value	486.08	16.58	33.14	58.22	112.23	15.08
Book Value Per Share	3.27	0.24	0.63	1.38	3.28	0.74
Tangible Book Value	451.3	-11.17	-25.95	3.75	42.04	14.24
Tangible Book Value Per Share	3.03	-0.16	-0.49	0.09	1.23	0.70

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q