10-K Filing

Ondas Inc. CIK: 1646188 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001615774-17-001334`
Period End Date	20161231
Filing Date	20170330
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	cik000164188-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 32 Income Statement 24 Cash Flow Statement 26 Stockholders Equity 12

Balance Sheet 32 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.50K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.38K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.17K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	3.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	3.00M	shares	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$1.82K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	3.00M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	3.00M	shares	Point-in-time
Inventory	`InventoryNet`	$1.46K	USD	Point-in-time
Inventory	`InventoryNet`	$2.87K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$5.66K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.04K	USD	Point-in-time
Account payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.00K	USD	Point-in-time
Account payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$8.00K	USD	Point-in-time
Loan from related party	`DueToOfficersOrStockholdersCurrent`	$26.30K	USD	Point-in-time
Loan from related party	`DueToOfficersOrStockholdersCurrent`	$52.50K	USD	Point-in-time
Total liabilities	`Liabilities`	$28.30K	USD	Point-in-time
Total liabilities	`Liabilities`	$60.50K	USD	Point-in-time
Common stock, $0.0001 par value; 75,000,000 shares authorized; 3,000,000 shares issued and outstanding as of December 31, 2016 and 2015	`CommonStockValue`	$300.00	USD	Point-in-time
Common stock, $0.0001 par value; 75,000,000 shares authorized; 3,000,000 shares issued and outstanding as of December 31, 2016 and 2015	`CommonStockValue`	$300.00	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.56K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-55.14K	USD	Point-in-time
Total Stockholder's deficit	`StockholdersEquity`	$-54.84K	USD	Point-in-time
Total Stockholder's deficit	`StockholdersEquity`	$-788.00	USD	Point-in-time
Total Stockholder's deficit	`StockholdersEquity`	$-20.26K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$8.04K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$5.66K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueGoodsNet`	$5.51K	USD	Annual
Revenue	`SalesRevenueGoodsNet`	$3.89K	USD	Annual
Cost of sales	`CostOfGoodsSold`	$5.41K	USD	Annual
Cost of sales	`CostOfGoodsSold`	$12.42K	USD	Annual
Gross profit	`GrossProfit`	$-1.52K	USD	Annual
Gross profit	`GrossProfit`	$-6.91K	USD	Annual
- Auditors' fees	`ProfessionalFees`	$20.00K	USD	Annual
- Auditors' fees	`ProfessionalFees`	$9.50K	USD	Annual
- Legal fees	`LegalFees`	$2.25K	USD	Annual
- Legal fees	`LegalFees`	$6.00K	USD	Annual
Filing fees	`FilingFees`	$5.36K	USD	Annual
Filing fees	`FilingFees`	$2.56K	USD	Annual
Miscellaneous fees	`MiscellaneousFees`	$43.00	USD	Annual
Miscellaneous fees	`MiscellaneousFees`	$59.00	USD	Annual
Other costs	`OtherSellingGeneralAndAdministrativeExpense`	$21.00	USD	Annual
Other costs	`OtherSellingGeneralAndAdministrativeExpense`	$140.00	USD	Annual
Total operating expenses	`OperatingExpenses`	$27.67K	USD	Annual
Total operating expenses	`OperatingExpenses`	$18.26K	USD	Annual
Net loss	`OperatingIncomeLoss`	$-34.58K	USD	Annual
Net loss	`OperatingIncomeLoss`	$-19.77K	USD	Annual
Net loss per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Net loss per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Weighted-average number of common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.00M	shares	Annual
Weighted-average number of common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.00M	shares	Annual

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-34.58K	USD	Annual
Net loss	`NetIncomeLoss`	$-19.77K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-2.87K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$1.41K	USD	Annual
Account receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	Annual
Account receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.82K	USD	Annual
Account payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.00K	USD	Annual
Account payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.00K	USD	Annual
Increase (Decrease) in Operating Capital	`IncreaseDecreaseInOperatingCapital`	$-866.00	USD	Annual
Increase (Decrease) in Operating Capital	`IncreaseDecreaseInOperatingCapital`	$5.59K	USD	Annual
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-20.64K	USD	Annual
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-28.99K	USD	Annual
Cash Flows from Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	Annual
Cash Flows from Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	Annual
Loan from related party	`ProceedsFromRelatedPartyDebt`	$26.20K	USD	Annual
Loan from related party	`ProceedsFromRelatedPartyDebt`	$24.32K	USD	Annual
Net cash earned from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$24.32K	USD	Annual
Net cash earned from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$26.20K	USD	Annual
Increase/ (Decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.67K	USD	Annual
Increase/ (Decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.79K	USD	Annual
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.50K	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.38K	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.17K	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.50K	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.38K	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.17K	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance, at beginning	`StockholdersEquity`	$-54.84K	USD	Point-in-time
Balance, at beginning	`StockholdersEquity`	$-788.00	USD	Point-in-time
Balance, at beginning	`StockholdersEquity`	$-20.26K	USD	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	3.00M	shares	Point-in-time
Balance, at beginning (in shares)	`CommonStockSharesOutstanding`	3.00M	shares	Point-in-time
Loss for the year	`NetIncomeLoss`	$-34.58K	USD	Annual
Loss for the year	`NetIncomeLoss`	$-19.77K	USD	Annual
Balance, at end	`StockholdersEquity`	$-54.84K	USD	Point-in-time
Balance, at end	`StockholdersEquity`	$-788.00	USD	Point-in-time
Balance, at end	`StockholdersEquity`	$-20.26K	USD	Point-in-time
Balance, at end (in shares)	`CommonStockSharesOutstanding`	3.00M	shares	Point-in-time
Balance, at end (in shares)	`CommonStockSharesOutstanding`	3.00M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.