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Segment Information
 12 Months Ended
Dec. 31, 2023
Segment Information [Abstract]  
SEGMENT INFORMATION

NOTE 12 – SEGMENT INFORMATION

 

Operating segments are defined as components of an entity for which discrete financial information is available and is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in making decisions regarding resource allocation and performance assessment. The Company’s CODM is its Chief Executive Officer. The Company determined it has two reportable segments: Ondas Networks and Ondas Autonomous Systems, which only includes the results of American Robotics for the year ended December 31, 2022, as the CODM reviews financial information for these two businesses separately. The Company has no inter-segment sales. The following table presents segment information for years ended December 31, 2023 and 2022: 

 

   Year Ended   Year Ended 
   December 31, 2023   December 31, 2022 
   Ondas
Networks		   Ondas
Autonomous
Systems		   Total   Ondas
Networks		   Ondas
Autonomous
Systems		   Total 
Revenue, net  $6,722,230   $8,969,200   $15,691,430   $1,931,677   $194,140   $2,125,817 
Depreciation and amortization   142,866    4,849,059    4,991,925    142,635    3,876,913    4,019,548 
Interest income   119,200    4,674    123,874    12,771    12,771    25,542 
Interest expense   2,106,416    2,048,343    4,154,759    1,888,349    1,873,349    3,761,698 
Stock based compensation   1,111,256    (63,858)   1,047,398    1,188,217    4,669,218    5,857,435 
Goodwill impairment   -    -    -    -    19,419,600    19,419,600 
Benefit from income taxes   -    -    -    -    -    - 
Net loss   (17,285,494)   (27,559,378)   (44,844,872)   (14,361,407)   (58,880,398)   (73,241,805)
Goodwill   -    27,751,921    27,751,921    -    25,606,983    25,606,983 
Capital expenditure   79,208    131,827    211,035    97,853    2,783,047    2,880,900 
Total assets   19,272,162    72,892,520    92,164,682    34,227,117    63,718,128    97,945,245