secwatch.observer — SEC 8-K summary
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Issuer:     Ondas Inc. (ONDS)
CIK:        0001646188
Form:       8-K
Filed at:   2026-03-23T23:59:59+00:00
Accession:  0001213900-26-032678
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ondas reports record FY2025 revenue $50.7M, raises FY2026 target to at least $375M
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- Q4 revenue $30.1M (198% seq, 629% YoY); FY2025 revenue $50.7M (up 605% YoY).
- FY2026 revenue target raised to at least $375M (nearly 7x FY2025); Q1 2026 target $38-$40M (820% YoY).
- Cash and equivalents $594.4M at Dec 31, 2025; $960M net proceeds in Jan 2026 give $1.55B total.
- OAS revenue $49.7M in 2025 (840% YoY); backlog ended 2025 at $68.3M, up from $20.3M prior quarter.
- Net loss Q4 $101M includes $82.2M non-cash warrant charge; Adj EBITDA loss $9.9M. Expect product profitability by Q3 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646188/000121390026032678/0001213900-26-032678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646188/000121390026032678/ea0282944-8k_ondas.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-032678

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer