10-Q/A Filing

Ondas Inc. CIK: 1646188 Q3 2017

Filing Information

Form Type	10-Q/A
Accession Number	`0001615774-18-000376`
Period End Date	20170930
Filing Date	20180117
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	cik000164188-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 44 Cash Flow Statement 30

Balance Sheet 34 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
Common stock, issued	`CommonStockSharesIssued`	5.76M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.17K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.45K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	3.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.91K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.38K	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$1.82K	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$1.21K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	3.00M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	5.76M	shares	Point-in-time
Inventory	`InventoryNet`	$1.75K	USD	Point-in-time
Inventory	`InventoryNet`	$1.46K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$5.66K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.87K	USD	Point-in-time
Account payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$8.00K	USD	Point-in-time
Account payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.50K	USD	Point-in-time
Loan from related party	`DueToOfficersOrStockholdersCurrent`	$52.50K	USD	Point-in-time
Loan from related party	`DueToOfficersOrStockholdersCurrent`	$68.13K	USD	Point-in-time
Total liabilities	`Liabilities`	$60.50K	USD	Point-in-time
Total liabilities	`Liabilities`	$70.63K	USD	Point-in-time
Common stock, $0.0001 par value, 75,000,000 shares authorized; 5,760,000 and 3,000,000 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectivly.	`CommonStockValue`	$576.00	USD	Point-in-time
Common stock, $0.0001 par value, 75,000,000 shares authorized; 5,760,000 and 3,000,000 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectivly.	`CommonStockValue`	$300.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$21.72K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-55.14K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-86.06K	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquity`	$-54.84K	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquity`	$-63.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$5.66K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	`LiabilitiesAndStockholdersEquity`	$6.87K	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueGoodsNet`	$3.69K	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$2.70K	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$2.09K	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$1.04K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$3.21K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$7.65K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$6.05K	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$1.56K	USD	1 Quarter
Gross profit	`GrossProfit`	$-1.12K	USD	1 Quarter
Gross profit	`GrossProfit`	$-514.00	USD	1 Quarter
Gross profit	`GrossProfit`	$-3.96K	USD	3 Qtrs
Gross profit	`GrossProfit`	$-3.35K	USD	3 Qtrs
- Auditors' fees	`ProfessionalFees`	$5.50K	USD	3 Qtrs
- Auditors' fees	`ProfessionalFees`	$12.00K	USD	3 Qtrs
- Auditors' fees	`ProfessionalFees`	$2.50K	USD	1 Quarter
- Auditors' fees	`ProfessionalFees`	$2.00K	USD	1 Quarter
- Legal fees	`LegalFees`	$7.20K	USD	3 Qtrs
- Legal fees	`LegalFees`	-	USD	1 Quarter
- Legal fees	`LegalFees`	$2.70K	USD	1 Quarter
- Legal fees	`LegalFees`	$750.00	USD	3 Qtrs
Filing fees	`FilingFees`	$2.38K	USD	3 Qtrs
Filing fees	`FilingFees`	$14.61K	USD	3 Qtrs
Filing fees	`FilingFees`	$12.84K	USD	1 Quarter
Filing fees	`FilingFees`	$689.00	USD	1 Quarter
Other costs	`OtherSellingGeneralAndAdministrativeExpense`	-	USD	1 Quarter
Other costs	`OtherSellingGeneralAndAdministrativeExpense`	$120.00	USD	1 Quarter
Other costs	`OtherSellingGeneralAndAdministrativeExpense`	$261.00	USD	3 Qtrs
Other costs	`OtherSellingGeneralAndAdministrativeExpense`	$28.00	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$27.57K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$15.15K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$18.16K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.69K	USD	1 Quarter
Net loss	`OperatingIncomeLoss`	$-3.81K	USD	1 Quarter
Net loss	`OperatingIncomeLoss`	$-30.92K	USD	3 Qtrs
Net loss	`OperatingIncomeLoss`	$-18.68K	USD	1 Quarter
Net loss	`OperatingIncomeLoss`	$-19.11K	USD	3 Qtrs
Net loss per share attributable to common stockholders	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Net loss per share attributable to common stockholders	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share attributable to common stockholders	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share attributable to common stockholders	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Weighted-average number of common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.72M	shares	3 Qtrs
Weighted-average number of common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.00M	shares	1 Quarter
Weighted-average number of common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.13M	shares	1 Quarter
Weighted-average number of common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.00M	shares	3 Qtrs

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-19.11K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-30.92K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-293.00	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-4.34K	USD	3 Qtrs
Account receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Account receivable	`IncreaseDecreaseInAccountsReceivable`	$609.00	USD	3 Qtrs
Account payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.50K	USD	3 Qtrs
Account payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-526.00	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-5.18K	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-3.81K	USD	3 Qtrs
Net cash (used)/earned by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-36.10K	USD	3 Qtrs
Net cash (used)/earned by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.93K	USD	3 Qtrs
Cash Flows from Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Cash Flows from Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Loan from related party	`ProceedsFromRelatedPartyDebt`	$24.20K	USD	3 Qtrs
Loan from related party	`ProceedsFromRelatedPartyDebt`	$15.63K	USD	3 Qtrs
Proceed from stock issuance	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceed from stock issuance	`ProceedsFromIssuanceOfCommonStock`	$22.00K	USD	3 Qtrs
Net cash earned from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.20K	USD	3 Qtrs
Net cash earned from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$37.63K	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.27K	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.53K	USD	3 Qtrs
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.17K	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.45K	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.91K	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 end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.17K	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.45K	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.91K	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.38K	USD	Point-in-time

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