Ondas Holdings Inc. (ONDS)

Ondas Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	432.82	29.96	14.98	29.78	40.82	26.06
Short-Term Investments	18.81	-	-	-	-	-
Cash & Short-Term Investments	451.63	29.96	14.98	29.78	40.82	26.06
Cash Growth	15844.21%	100.00%	-49.69%	-27.05%	56.62%	1094.82%
Accounts Receivable	8.96	5.43	4.25	0.1	1.21	0.05
Other Receivables	0.99	-	0.04	-	-	-
Receivables	9.95	5.43	4.29	2.1	1.21	0.05
Inventory	12.52	9.82	2.19	2.17	1.18	1.15
Prepaid Expenses	1.12	1.22	1.43	1.28	1.45	0.63
Restricted Cash	0.58	0.04	0.04	-	-	-
Other Current Assets	3.08	1.05	0.67	0.47	-	-
Total Current Assets	478.88	47.52	23.61	35.8	44.66	27.89
Property, Plant & Equipment	7.13	6.51	8.88	5.95	1.87	0.21
Long-Term Investments	0.59	-	-	1.5	0.5	-
Goodwill	34.77	27.75	27.75	25.61	45.03	-
Other Intangible Assets	28.12	27.18	31.33	28.86	25.17	0.38
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	6.22	4.39	3.59	2.61	0.43	2.35
Short-Term Debt	6.98	6.74	-	0.52	0.72	7
Current Portion of Long-Term Debt	4.11	31.95	25.69	15.85	-	0.06
Current Portion of Leases	1.64	1.12	0.69	0.58	0.55	0.06
Current Unearned Revenue	2.9	0.72	0.8	0.06	0.51	0.17
Other Current Liabilities	0.54	-	-	0.15	-	0.48
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	-
Long-Term Unearned Revenue	2.17	2.17	2.23	-	-	-
Other Long-Term Liabilities	23.27	19.46	11.95	0.04	0.04	0.04
Total Liabilities	62.93	93.04	59.03	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
Shareholders' Equity	487.22	16.58	33.14	58.22	112.23	15.08
Total Liabilities & Equity	550.15	109.62	92.16	97.95	117.44	28.51
Total Debt	18.03	60.64	35.29	33.9	1.81	8.03
Net Cash (Debt)	433.6	-30.68	-20.31	-4.13	39	18.03
Net Cash Growth	-	-	-	-	116.27%	-
Net Cash Per Share	2.91	-0.44	-0.39	-0.10	1.14	0.88
Filing Date Shares Outstanding	368.46	105.73	65.56	49.06	40.99	26.64
Total Common Shares Outstanding	329.52	93.17	61.94	44.11	40.99	26.54
Working Capital	447.57	-3.06	-12.33	13.08	40.03	15.4
Book Value Per Share	1.48	0.18	0.53	1.32	2.74	0.57
Tangible Book Value	423.18	-38.35	-25.95	3.75	42.04	14.7
Tangible Book Value Per Share	1.28	-0.41	-0.42	0.09	1.03	0.55
Machinery	3.04	2.49	5.13	1.3	0.7	0.38
Construction In Progress	-	-	0.4	0.33	0.63	-
Leasehold Improvements	3.78	3.61	2.53	2.09	0.04	0.03

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q