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Goodwill and Business Acquisition (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Business Acquisition [Abstract]  
Schedule of Consideration The following table summarizes the consideration paid for Airobotics and the preliminary allocation of the purchase consideration to the estimated fair value of the assets acquired and liabilities assumed at the acquisition date.
Purchase price consideration    
Common Stock – 2,844,291 Shares  $5,261,938 
Vested Stock Options – 773,244 Shares   700,690 
Warrants – 586,440 Warrants to purchase shares   - 
Total purchase price consideration  $5,962,628 
      
Estimated fair value of assets acquired:     
Cash and cash equivalents and restricted cash  $1,049,454 
Accounts receivable   112,245 
Inventory   1,494,707 
Other current assets   835,664 
Property and equipment   3,015,602 
Right of use asset   339,104 
Intangible assets   5,977,926 
Other long-term assets   62,851 
Total estimated fair value of assets acquired   12,887,553 
      
Estimated fair value of liabilities assumed:     
Accounts payable   969,242 
Customer Prepayments   1,602,535 
Government grant liability   1,783,403 
Other loans   1,140,301 
Other payables   1,156,057 
Lease liabilities   385,450 
Loan from related party   2,032,875 
Total estimated fair value of liabilities assumed   9,069,863 
      
Net Assets Acquired  $3,817,690 
      
Goodwill  $2,144,938 
Schedule of Operating Results The pro forma results do not purport to represent what the Company’s results of operations actually would have been if the transactions had occurred on January 1, 2022 or what the Company’s operating results will be in future periods.
  

(Unaudited)

Years Ended
December 31,

 
   2023   2022 
Revenue, net  $15,723,466   $2,874,232 
Net loss  $(45,195,015)  $(85,966,141)
Net Loss Per Share – basic and diluted  $(0.86)  $(1.90)
Schedule of Carrying Amount of Goodwill The changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022, are as follows:
   Ondas
Autonomous
Systems
 
Balance as of January 1, 2022  $45,026,583 
Impairment loss   (19,419,600)
Balance as of December 31, 2022   25,606,983 
Goodwill acquired   2,144,938 
Balance as of December 31, 2023  $27,751,921