Ondas Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-132.2M | $-38.0M | $-44.8M | $-73.2M | $-15.0M | $-13.5M | $-19.4M | $-12.1M |
| Depreciation & Amortization | $946.0K | $602.0K | $5.0M | $4.0M | $1.5M | $117.6K | — | — |
| Depreciation | $946.0K | $602.0K | $844.8K | $449.5K | $116.2K | $97.8K | $143.5K | $54.9K |
| Amortization | $5.8M | $4.2M | $4.1M | $3.6M | $1.4M | $19.8K | $1.1K | $194 |
| Stock-Based Compensation | $16.0M | $1.3M | $1.0M | $5.9M | $3.3M | $4.7M | $938.1K | — |
| Net Cash from Operating Activities | $-38.7M | $-33.5M | $-34.0M | $-38.0M | $-16.9M | $-7.5M | $-14.7M | $-8.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.0M | $1.6M | $211.0K | $2.9M | $923.7K | $8.6K | $77.9K | $544.2K |
| Business Acquisitions | $2.8M | — | $135.0K | — | $6.5M | — | — | — |
| Net Cash from Investing Activities | $-260.1M | $-1.7M | $536.3K | $-6.9M | $-10.2M | $-16.1K | $-354.8K | $-629.7K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $862.7M | $50.2M | $18.7M | $33.9M | $41.9M | $31.5M | $16.0M | $9.8M |
| Net Change in Cash | — | — | — | — | $14.8M | $23.9M | $1.0M | $673.8K |
| Free Cash Flow | $-40.8M | $-35.1M | $-34.2M | $-40.8M | $-17.8M | $-7.5M | $-14.7M | $-9.1M |