# Ondas Inc. (ONDS) FY2026 YTD Q2 Statement of Cash Flows

- Company: Ondas Inc. (ONDS)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-13, accession number 0001193125-26-349288
- Page: https://plicit.ai/financials/onds/fy2026-ytd-q2-cash-flow
- Chart image: https://plicit.ai/charts/onds-fy2026-ytd-q2-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2025**: 594,359,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: negative 137,379,000 US dollars. Net cash used.
- **Net (loss) income**: 271,555,000 US dollars
- **Depreciation**: 1,603,000 US dollars
- **Realized gains on investments**: negative 2,925,000 US dollars
- **Amortization of debt discount and issuance cost**: 0 US dollars
- **Amortization of intangible assets**: 24,263,000 US dollars
- **Amortization of right of use asset**: 308,000 US dollars
- **Noncash interest expense**: 852,000 US dollars
- **Income from equity method investments**: negative 202,000 US dollars
- **Loss on intellectual property**: 0 US dollars
- **Change in fair value of warrant liability**: negative 404,798,000 US dollars
- **Change in fair value of note receivable from affiliate**: negative 305,000 US dollars
- **Change in fair value of investment in affiliate**: 2,487,000 US dollars
- **Change in fair value of contingent consideration**: 19,234,000 US dollars
- **Deferred income taxes**: negative 30,068,000 US dollars
- **Change in fair value of government grant liability**: 286,000 US dollars
- **Stock-based compensation**: 88,753,000 US dollars
- **Accounts payable**: 1,577,000 US dollars
- **Accrued expenses and other current liabilities**: 2,692,000 US dollars
- **Deferred revenue**: negative 6,617,000 US dollars
- **Operating lease liability**: negative 631,000 US dollars
- **Other liabilities**: 2,120,000 US dollars
- **Unrealized gains on investments**: negative 9,799,000 US dollars
- **Accretion of discounts on investments, net**: 1,219,000 US dollars
- **Gain on disposal of equipment**: negative 77,000 US dollars
- **Gain on acquisition consideration**: negative 6,182,000 US dollars
- **Gain on deconsolidation of subsidiary**: negative 48,834,000 US dollars
- **Loss on acquisition of variable interest entity**: 46,150,000 US dollars
- **Accounts receivable**: negative 33,875,000 US dollars
- **Inventory**: negative 14,050,000 US dollars
- **Other current assets**: negative 31,607,000 US dollars
- **Deposits and other assets**: negative 10,508,000 US dollars
- **Investing activities**: negative 763,055,000 US dollars. Net cash used.
- **Proceeds from sale of short-term investments**: 5,720,000 US dollars
- **Purchase of property and equipment**: negative 9,093,000 US dollars
- **Purchase of long-term equity investments**: negative 9,950,000 US dollars
- **Purchases of short-term investments**: negative 762,127,000 US dollars
- **Maturities of short-term investments**: 66,537,000 US dollars
- **Cash paid for acquisition, net of cash acquired**: negative 45,233,000 US dollars
- **Deconsolidation of subsidiary cash**: negative 7,011,000 US dollars
- **All other investing activities**: negative 1,898,000 US dollars
- **Financing activities**: 971,401,000 US dollars. Net cash provided.
- **Proceeds from exercise of options and warrants**: 12,213,000 US dollars
- **Proceeds from sale of common stock and warrants, net of issuance costs**: 959,104,000 US dollars
- **Proceeds from notes payable and convertible notes payable, net of issuance costs**: 855,000 US dollars
- **Proceeds from government grant**: 0 US dollars
- **Payments on notes payable**: negative 346,000 US dollars
- **Payments on government grant liability**: negative 425,000 US dollars
- **Operating adjustment reconciliation**: 600,478,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 972,172,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 835,312,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 1,052,000 US dollars
- **Ending cash on Jun 30, 2026**: 666,378,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 1,566,812,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 72,019,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: −0.51×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: negative 137,379,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 9,093,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: negative 146,472,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 137,379,000 US dollars minus 9,093,000 US dollars equals negative 146,472,000 US dollars.