10-Q Filing

Ondas Inc. CIK: 1646188 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001615774-18-007829`
Period End Date	20180630
Filing Date	20180810
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	zvvt-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 44 Cash Flow Statement 38

Balance Sheet 38 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	`Cash`	$3.41K	USD	Point-in-time
Cash	`Cash`	$2.46K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.76M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.76M	shares	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	5.76M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	5.76M	shares	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$649.00	USD	Point-in-time
Inventory	`InventoryNet`	$4.07K	USD	Point-in-time
Inventory	`InventoryNet`	$739.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.13K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.20K	USD	Point-in-time
Total assets	`Assets`	$3.20K	USD	Point-in-time
Total assets	`Assets`	$8.13K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.36K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.50K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$680.00	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.00K	USD	Point-in-time
Loan from related party	`DueToOfficersOrStockholdersCurrent`	-	USD	Point-in-time
Loan from related party	`DueToOfficersOrStockholdersCurrent`	$77.13K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.04K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$85.63K	USD	Point-in-time
Total liabilities	`Liabilities`	$85.63K	USD	Point-in-time
Total liabilities	`Liabilities`	$21.04K	USD	Point-in-time
Common stock, $0.0001 par value; 75,000,000 shares authorized; 5,760,000 shares issued and outstanding at June 30, 2018 and December 31, 2017	`CommonStockValue`	$576.00	USD	Point-in-time
Common stock, $0.0001 par value; 75,000,000 shares authorized; 5,760,000 shares issued and outstanding at June 30, 2018 and December 31, 2017	`CommonStockValue`	$576.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$21.72K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$111.36K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-99.81K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-129.77K	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquity`	$-17.84K	USD	Point-in-time
Total stockholders' Deficit	`StockholdersEquity`	$-77.51K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$8.13K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.20K	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$1.35K	USD	1 Quarter
Revenue	`Revenues`	$2.18K	USD	2 Qtrs
Revenue	`Revenues`	$1.93K	USD	1 Quarter
Revenue	`Revenues`	$1.66K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$3.30K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$3.55K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$4.49K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$3.72K	USD	2 Qtrs
Gross profit	`GrossProfit`	$-1.62K	USD	1 Quarter
Gross profit	`GrossProfit`	$-1.95K	USD	1 Quarter
Gross profit	`GrossProfit`	$-1.54K	USD	2 Qtrs
Gross profit	`GrossProfit`	$-2.83K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$7.50K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$8.68K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$12.55K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$2.00K	USD	1 Quarter
Filing fees	`FilingFees`	$13.22K	USD	1 Quarter
Filing fees	`FilingFees`	$14.80K	USD	2 Qtrs
Filing fees	`FilingFees`	$1.77K	USD	2 Qtrs
Filing fees	`FilingFees`	$892.00	USD	1 Quarter
Other	`OtherExpenses`	$410.00	USD	1 Quarter
Other	`OtherExpenses`	$141.00	USD	2 Qtrs
Other	`OtherExpenses`	$1.06K	USD	2 Qtrs
Other	`OtherExpenses`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$22.31K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.89K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.41K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$28.42K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-29.96K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-12.24K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-4.84K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-23.93K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.93K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.96K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-12.24K	USD	2 Qtrs
Net loss per share attributable to common shareholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share attributable to common shareholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net loss per share attributable to common shareholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net loss per share attributable to common shareholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.04M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.76M	shares	2 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.02M	shares	2 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.76M	shares	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-4.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.93K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.96K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-12.24K	USD	2 Qtrs
Account receivable	`IncreaseDecreaseInAccountsReceivable`	$649.00	USD	2 Qtrs
Account receivable	`IncreaseDecreaseInAccountsReceivable`	$1.82K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$3.33K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-1.85K	USD	2 Qtrs
Account payable	`IncreaseDecreaseInAccountsPayable`	$17.86K	USD	2 Qtrs
Account payable	`IncreaseDecreaseInAccountsPayable`	$3.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-5.32K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.27K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.45K	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$21.00K	USD	2 Qtrs
Loan from related party	`ProceedsFromRelatedPartyDebt`	$12.50K	USD	2 Qtrs
Loan from related party	`ProceedsFromRelatedPartyDebt`	$7.55K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.50K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.55K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-950.00	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$19.28K	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.46K	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$21.66K	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`	$3.41K	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.46K	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$21.66K	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`	$3.41K	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Forgiveness of loans from related party	`ForgivenessOfLoansFromRelatedParty`	$89.63K	USD	2 Qtrs
Forgiveness of loans from related party	`ForgivenessOfLoansFromRelatedParty`	-	USD	2 Qtrs

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