Ondas (ONDS) 10-K13 Mar 202019 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2019	Mar. 13, 2020	Jun. 28, 2019
Cover [Abstract]
Entity Registrant Name	Ondas Holdings Inc.
Entity Central Index Key	0001646188
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Period End Date	Dec. 31, 2019
Document Type	10-K
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Reporting Status Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Interactive Data Current	Yes
Entity File Number	000-56004
Entity Common Stock, Shares Outstanding		59,268,085
Entity Public Float			$ 186,585,000
Entity Incorporation, State or Country Code	NV

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current Assets:
Cash and cash equivalents	$ 2,153,028	$ 1,129,863
Accounts receivable, net	20,212	30,440
Inventory, net	427,516	347,945
Other current assets	700,599	533,481
Total current assets	3,301,355	2,041,729
Property and equipment, net	252,246	502,146
Other Assets:
Operating lease right of use assets	331,419
Licenses	200,000
Intangible assets, net	126,344	53,288
Lease deposits	52,152	49,376
Deferred offering costs		14,982
Total other assets	429,561	117,646
Total assets	4,263,516	2,661,521
Current Liabilities:
Accounts payable	2,322,198	1,111,929
Operating lease liabilities	489,407
Accrued expenses and other current liabilities	3,141,649	2,188,271
Secured promissory note, net of debt discount of $252,933 and $72,038, respectively	10,106,895	10,063,208
Notes payable		3,882,868
Total current liabilities	16,060,149	17,246,276
Long-Term Liabilities:
Notes payable	539,921	300,000
Accrued interest	41,239
Operating lease liabilities, net of current	52,449
Total long-term liabilities	633,609	300,000
Total liabilities	16,693,758	17,546,276
Commitments and Contingencies
Stockholders' Deficit:
Preferred stock - par value $0.0001; 10,000,000 shares authorized
Common stock - par value $0.0001; 350,000,000 shares authorized; 59,268,085 and 50,463,732 issued and outstanding, respectively	5,927	5,046
Additional paid in capital	39,335,498	17,491,734
Accumulated deficit	(51,771,667)	(32,381,535)
Total stockholders' deficit	(12,430,242)	(14,884,755)
Total liabilities and stockholders' deficit	$ 4,263,516	$ 2,661,521

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Secured promissory note, debt discount	$ 252,933	$ 72,038
Preferred stock, par value (in dollar pers share)	$ 0.0001	$ 0.0001
Preferred stock, authorized	10,000,000	10,000,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	350,000,000	350,000,000
Common stock, issued	59,268,085	50,463,732
Common stock, outstanding	59,268,085	50,463,732

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Revenues, net	$ 320,383	$ 190,029
Cost of goods sold	79,126	39,365
Gross profit	241,257	150,664
Operating expenses:
General and administration	4,792,867	2,611,992
Sales and marketing	5,403,901	2,897,703
Research and development	5,416,425	3,076,502
Total operating expense	15,613,193	8,586,197
Operating loss	(15,371,936)	(8,435,533)
Other income (expense)
Interest expense	(2,929,369)	(2,663,645)
Impairment of deferred offering costs and financing costs associated with canceled financing efforts	(919,950)
Change in fair value of derivative liability		(975,902)
Loss on disposal of fixed assets	(183,431)
Loss on extinguishment of debt		(44,353)
Interest income	1,863	18,147
Other income	12,691	4,422
Total other income (expense)	(4,018,196)	(3,661,331)
Loss before provision for income taxes	(19,390,132)	(12,096,864)
Provision for income taxes
Net loss	$ (19,390,132)	$ (12,096,864)
Net loss per share - basic and diluted (in dollars per share)	$ (0.37)	$ (0.42)
Weighted average number of common shares outstanding, basic and diluted (in shares)	52,704,911	28,528,060

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)	Common Stock	Additional Paid in Capital	Accumulated Deficit	Total
Balances at beginning at Dec. 31, 2017	$ 1,679	$ 12,361,205	$ (20,284,671)	$ (7,921,787)
Balances at beginning (in shares) at Dec. 31, 2017	16,797,744
Shares issued in private placement, net of costs	$ 665	4,031		4,696
Shares issued in private placement, net of costs (in shares)	6,648,586
Issuance of shares in debt conversion	$ 202	4,002,816		4,003,018
Issuance of shares in debt conversion (in shares)	2,017,402
Reclassification of derivative liability		1,141,995		1,141,995
Purchase and retirement of common stock	$ (3,260)			(3,260)
Purchase and retirement of common stock (in shares)	(32,600,000)
Effect of merger and recapitalization pursuant to execution of Agreement and Plan of Merger and Reorganization	$ 5,760	(18,313)		(12,553)
Effect of merger and recapitalization pursuant to execution of Agreement and Plan of Merger and Reorganization (in shares)	57,600,000
Net loss			(12,096,864)	(12,096,864)
Balances at ending at Dec. 31, 2018	$ 5,046	17,491,734	(32,381,535)	(14,884,755)
Balance, ending (in shares) at Dec. 31, 2018	50,463,732
Stock-based compensation		938,052		938,052
Shares issued in private placement, net of costs	$ 289	6,109,433		6,109,722
Shares issued in private placement, net of costs (in shares)	2,885,600
Shares issued in exchange for debt	$ 580	14,496,291		14,496,871
Shares issued in exchange for debt, shares	5,798,753
Shares issued for extension of debt	$ 12	299,988		300,000
Shares issued for extension of debt, Shares	120,000
Net loss			(19,390,132)	(19,390,132)
Balances at ending at Dec. 31, 2019	$ 5,927	$ 39,335,498	$ (51,771,667)	$ (12,430,242)
Balance, ending (in shares) at Dec. 31, 2019	59,268,085

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2019	Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITES
Net loss	$ (19,390,132)	$ (12,096,864)
Adjustments to reconcile net loss to net cash flows used in operating activities:
Depreciation	143,459	54,946
Allowance for doubtful accounts		(7,914)
Amortization of debt discount and deferred financing costs	119,105	835,849
Amortization of intangible assets	1,055	194
Amortization of right of use assets	(81,659)
Impairment of operating lease	292,095
Impairment of deferred offering and financing costs	82,332
Accreted interest	224,582
Stock-based compensation	938,052
Loss on disposal of fixed assets	183,431
Loss on conversion of debt		31,943
Change in fair value of derivative liability		975,902
Changes in operating assets and liabilities:
Accounts receivable	10,228	9,329
Inventory	(79,591)	(174,624)
Other current assets	(167,192)	(477,937)
Accounts payable	1,210,269	(44,359)
Accrued expenses and other current liabilities	1,849,581	2,376,272
Net cash flows used in operating activities	(14,664,385)	(8,517,263)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of licenses	(200,000)
Purchase of equipment	(77,936)	(544,236)
Patent costs	(74,111)	(53,482)
Deposits	(2,775)	(31,965)
Net cash flows used in investing activities	(354,822)	(629,683)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from secured promissory note	10,000,000	9,875,000
Payments for deferred offering costs	(67,350)
Proceeds from convertible notes payable		100,000
Proceeds from sale of common stock, net of costs	6,109,722	4,696
Repayment of advances from related party		(155,645)
Purchase and retirement of common stock		(3,260)
Net cash flows provided by financing activities	16,042,372	9,820,791
Increase in cash and cash equivalents	1,023,165	673,845
Cash and cash equivalent, beginning of year	1,129,863	456,018
Cash and cash equivalents, end of year	2,153,028	1,129,863
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	1,038,246	979,167
Cash paid for income taxes
SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING ACTIVITIES:
Debt exchanged for common stock	14,496,871
Accrued interest converted to debt	230,565	17,310
Increase in debt for non cash interest		135,246
Derivative liability		$ 1,141,995

DESCRIPTION OF BUSINESS AND BAS

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION	12 Months Ended
DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION	Dec. 31, 2019
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION	NOTE 1 – DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION The Company Ondas Holdings Inc. (the "Company") was originally incorporated in Nevada on December 22, 2014 under the name of Zev Ventures Incorporated. On September 28, 2018, we closed the Acquisition, described below, changed our name to Ondas Holdings Inc., and Ondas Networks Inc., a Delaware corporation ("Ondas Networks"), became our sole focus and wholly owned subsidiary. The corporate headquarters for Ondas Holdings Inc. and operational headquarters for Ondas Networks Inc. is located in Sunnyvale, California. Unless otherwise stated or unless the context otherwise requires, the description of our business set forth below is provided on a combined basis, taking into account our subsidiary, Ondas Networks. Ondas Networks was originally incorporated in Delaware on February 16, 2006 under the name of Full Spectrum Inc. On August 10, 2018, the name was changed to Ondas Networks Inc. We have two wholly owned subsidiaries, Ondas Networks Inc., a Delaware corporation, which is our operating company, and FS Partners (Cayman) Limited, a Cayman Islands limited liability company. We have two majority owned subsidiaries, Full Spectrum Holding Limited, a Cayman Islands limited liability company, and Ondas Network Limited, a company registered to do business in China. Full Spectrum Holding Limited owns 100% of Ondas Network Limited. Both FS Partners (Cayman) Limited and Full Spectrum Holding Limited were formed for the purpose of beginning operations in China. As of December 31, 2019, we revised our business strategy and are in the process of dissolving our Cayman Islands and China-affiliated subsidiaries. Ondas Networks' wireless networking products are applicable to a wide range of mission critical operations that require secure communications over large geographic areas. We provide wireless connectivity solutions enabling mission-critical Industrial Internet applications and services. We refer to these applications as the Mission-Critical Internet of Things (MC-IoT). We design, develop, manufacture, sell and support FullMAX, our multi-patented, state-of-the-art, point-to-multipoint, Software Defined Radio (SDR) platform for secure, licensed, private, wide-area broadband networks. Our customers purchase FullMAX system solutions to deploy wide-area intelligent networks (WANs) for smart grids, smart pipes, smart fields and other mission critical network that need internet protocol connectivity. We sell our products and services globally through a direct sales force and value-added sales partners to critical infrastructure providers including electric and gas utilities, water and wastewater utilities, oil and gas producers and pipeline operators, and for other critical infrastructure applications in areas such as homeland security and defense, and transportation. In addition, our FullMAX platform will be deployed to provide command and control connectivity solutions for drones and unmanned aerial systems (UAS). Our business consists of a single segment of products and services all of which are sold and provided in the United States and certain international markets. The Acquisition On September 28, 2018, we entered into the Agreement and Plan of Merger and Reorganization (the "Merger Agreement") with Zev Merger Sub, Inc. and Ondas Networks to acquire Ondas Networks. The transactions contemplated by the Merger Agreement were consummated on September 28, 2018 (the "Closing"), and pursuant to the terms of the Merger Agreement, all outstanding shares of common stock of Ondas Networks, $0.00001 par value per share, (the "Ondas Networks Shares"), were exchanged for shares of our common stock, $0.0001 par value per share (the "Company Shares"). Accordingly, Ondas Networks became our wholly-owned subsidiary and its business became the business of the Company. At the Closing, each Ondas Networks Share outstanding immediately prior to the Closing was converted into 3.823 Company Shares (the "Exchange Ratio"), with all fractional shares rounded down to the nearest whole share. Accordingly, we issued an aggregate of 25,463,732 Company Shares for all of the then-outstanding Ondas Networks Shares. In connection with the Closing, we amended and restated our articles of incorporation, effective September 28, 2018 to (i) change our name to Ondas Holdings Inc. and (ii) increase our authorized capital to 360,000,000 shares, consisting of 350,000,000 shares of common stock, par value $0.0001 per share, and 10,000,000 shares of "blank check" preferred stock, par value $0.0001 per share. In connection with the Acquisition, our trading symbol changed to "ONDS" effective at the opening of business on October 5, 2018. Also in connection with the Closing, (i) our sole director appointed additional individuals, who previously were members of the board of directors of Ondas Networks and its chief executive officer, to serve on our board of directors, and our board of directors subsequently appointed executive officers; (ii) the former holders of the Ondas Networks Shares executed lock-up agreements (the "Lock-Up Agreements"), which provide for an initial 12-month lock-up period followed by a subsequent 12-month limited sale period, commencing with the date of the Closing (Effective August 30, 2019, the Company entered into a First Amendment to Lock-Up Agreements (the "Amendment") with stockholders owning an aggregate of 24,428,681 of the Ondas Shares, representing 41% of the Company's currently outstanding shares of common stock. The Amendment revised the terms of the Lock-Up Agreements to extend the lock-up period an additional twelve months to September 28, 2020 and eliminated the 12-month limited sale period); (iii) we entered into a Common Stock Repurchase Agreement with Energy Capital, LLC, a current stockholder of the Company ("Energy Capital"), pursuant to which the entity sold an aggregate of 32.6 million Company Shares (the "Repurchase Shares") to us at $0.0001 per share, for an aggregate consideration of $3,260, which Repurchase Shares were canceled and returned to our authorized but unissued shares; (iv) our board of directors approved, and our stockholders adopted, the 2018 Incentive Stock Plan (the "2018 Plan") pursuant to which 10 million Company Shares have been reserved for issuance to employees, including officers, directors and consultants; and (v) we entered into a Loan and Security Agreement with Energy Capital, pursuant to which Energy Capital agreed to lend us an aggregate principal amount of up to $10 million, subject to specified conditions. In accordance with ASC 805-40, Reverse Acquisitions Liquidity We have incurred losses since inception and have funded our operations primarily through debt and the sale of capital stock. As of December 31, 2019, we had an stockholders' deficit of approximately $12.4 million. At December 31, 2019, we had short-term and long-term borrowings outstanding of approximately $10.1 million and $0.5 million, respectively. As of December 31, 2019, we had cash of approximately $2.2 million and a working capital deficit of approximately $12.8 million. Our future capital requirements will depend upon many factors, including progress with developing, manufacturing and marketing our technologies, the time and costs involved in preparing, filing, prosecuting, maintaining and enforcing patent claims and other proprietary rights, our ability to establish collaborative arrangements, marketing activities and competing technological and market developments, including regulatory changes and overall economic conditions in our target markets. Our ability to generate revenue and achieve profitability requires us to successfully market and secure purchase orders for our products from customers currently identified in our sales pipeline and to new customers as well. We also will be required to efficiently manufacturer and deliver equipment on those purchase orders. These activities, including our planned research and development efforts, will require significant uses of working capital through the end of 2020 and beyond. Based on our current operating plans, we believe that our existing cash at the time of this filing will only be sufficient to meet our anticipated operating needs through March 2020. Accounting standards require management to evaluate our ability to continue as a going concern for a period of one year subsequent to the date of the filing of this Form 10-K ("evaluation period"). As such, we have evaluated if cash on hand and cash generated through operating activities would be sufficient to sustain projected operating activities through March 13, 2021. We anticipate that our current resources will be insufficient to meet our cash requirements throughout the evaluation period, including funding anticipated losses and scheduled debt maturities. We expect to seek additional funds from a combination of dilutive and/or nondilutive financings in the future. Because such transactions have not been finalized, receipt of additional funding is not considered probable under current accounting standards. If we do not generate sufficient cash flows from operations and obtain sufficient funds when needed, we expect that we would scale back our operating plan by deferring or limiting some, or all, of our capital spending, reducing our spending on travel, and/or eliminating planned headcount additions, as well as other cost reductions to be determined. Because such contingency plans have not been finalized (the specifics would depend on the situation at the time), such actions also are not considered probable for purposes of current accounting standards. Because, under current accounting standards, neither future cash generated from operating activities, nor management's contingency plans to mitigate the risk and extend cash resources through the evaluation period, are considered probable, substantial doubt is deemed to exist about the Company's ability to continue as a going concern. As we continue to incur losses, our transition to profitability is dependent upon achieving a level of revenues adequate to support its cost structure. We may never achieve profitability, and unless and until doing so, we intend to fund future operations through additional dilutive or non-dilutive financings. There can be no assurances, however, that additional funding will be available on terms acceptable to us, if at all. The financial information contained in these financial statements have been prepared on a basis that assumes that we will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. This financial information and these financial statements do not include any adjustments that may result from the outcome of this uncertainty.

SUMMARY OF SIGNIFICANT ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNT POLICIES	Dec. 31, 2019
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNT POLICIES Principles of Consolidation The consolidated financial statements include the accounts of the Company and our wholly owned subsidiaries Ondas Networks and FS Partners and our majority owned subsidiaries, Full Spectrum Holding and Ondas Network Limited. All significant inter-company accounts and transactions between these entities have been eliminated in these historical consolidated financial statements. Segment Information We operate in one business segment, which is the development, marketing and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks. Use of Estimates The process of preparing financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of assets and liabilities at the date of the financial statements. Such management estimates include those relating to revenue recognition, inventory write-downs to reflect net realizable value, assumptions used in the valuation of stock-based awards and warrants, and valuation allowances against deferred tax assets. Actual results could differ from those estimates. Cash and Cash Equivalents We consider all highly liquid instruments with an original maturity of three months or less, as well as deposits in financial institutions, to be cash and cash equivalents. As of December 31, 2019 and 2018, we had no cash equivalents. Trade Accounts Receivable Accounts receivable are stated at a gross invoice amount less an allowance for doubtful accounts. We estimate allowance for doubtful accounts by evaluating specific accounts where information indicates our customers may have an inability to meet financial obligations, such as customer payment history, credit worthiness and receivable amounts outstanding for an extended period beyond contractual terms. We use assumptions and judgment, based on the best available facts and circumstances, to record an allowance to reduce the receivable to the amount expected to be collected. These allowances are evaluated and adjusted as additional information is received. We had no allowance for doubtful accounts as of December 31, 2019 and 2018. Inventory Inventories, which consist solely of equipment components, are stated at the lower of cost (first-in, first-out) or net realizable value, net of reserves for obsolete inventory. We continually analyze our slow-moving and excess inventories. Based on historical and projected sales volumes and anticipated selling prices, we established reserves. Inventory that is in excess of current and projected use is reduced by an allowance to a level that approximates its estimate of future demand. Products that are determined to be obsolete are written down to net realizable value. As of December 31, 2019 and 2018, we determined that no such reserves were necessary. Inventory consists of the following: Years Ended December 31, 2019 2018 Raw material $ 372,101 $ 307,947 Finished goods 55,415 39,998 Total inventory $ 427,516 $ 347,945 Property and Equipment All additions, including improvements to existing facilities, are recorded at cost. Maintenance and repairs are charged to expense as incurred. Depreciation of property and equipment is principally recorded using the straight-line method over the estimated useful lives of the assets. The estimated useful lives typically are (i) three years for equipment and software, and (ii) five years for vehicles and furniture and fixtures. Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term or the estimated useful life of the asset. Upon the disposal of property, the asset and related accumulated depreciation accounts are relieved of the amounts recorded therein for such items, and any resulting gain or loss is recorded in operating expenses in the year of disposition. Software Costs incurred internally in researching and developing a software product are charged to expense until technological feasibility has been established for the product. Once technological feasibility is established, all software costs are capitalized until the product is available for general release to customers. Judgment is required in determining when technological feasibility of a product is established. We have determined that technological feasibility for our software products is reached after all high-risk development issues have been resolved through coding and testing. Generally, this occurs shortly before the products are released to production. There were no capitalized software costs at December 31, 2019 and 2018. Impairment of Long-Lived Assets Long-lived assets are evaluated whenever events or changes in circumstances indicate that the carrying amount may not be recoverable or the useful life has changed. Such indicators include significant technological changes, adverse changes in market conditions and/or poor operating results. The carrying value of a long-lived asset group is considered impaired when the projected undiscounted future cash flows is less than its carrying value. The amount of impairment loss recognized is the difference between the estimated fair value and the carrying value of the asset or asset group. Fair market value is determined primarily using the projected future cash flows discounted at a rate commensurate with the risk involved. Based upon our evaluation, there were no impairments of long-lived assets required during the years ended December 31, 2019 and 2018. Patents We have adopted the provisions of Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, 350, Intangibles - Goodwill and Other Research and Development Costs for research and development are expensed as incurred. Research and development expense consists primarily of salaries, salary related expenses and costs of contractors and materials. Fair Value of Financial Instruments Our financial instruments consist primarily of receivables, accounts payable, accrued expenses and short and long-term debt. The carrying amount of receivables, accounts payable and accrued expenses approximates our fair value because of the short-term maturity of such instruments. We have categorized our assets and liabilities that are valued at fair value on a recurring basis into a three-level fair value hierarchy in accordance with U.S. GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and lowest priority to unobservable inputs (Level 3). Assets and liabilities recorded in the balance sheets at fair value are categorized based on a hierarchy of inputs, as follows: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 -- Quoted prices for similar assets or liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly through market corroboration, for substantially the full term of the financial instrument. Level 3 -- Unobservable inputs for the asset or liability. At December 31, 2019 and 2018, we had no instruments requiring a fair value determination. The following table provides a summary of changes in fair value associated with the Level 3 liabilities for the years ended December 31, 2019 and 2018: Fair Value Measurements Using Significant Unobservable Inputs (Level 3) December 31, 2019 2018 Balance, beginning of period $ - $ (166,093 ) Issuances of derivative liability - - Reclassification to additional paid in capital - 1,141,995 Change in fair value of derivative liability - (975,902 ) Balance, end of period $ - $ - The above table of Level 3 liabilities begins with the prior period balance and adjusts the balance for changes that occurred during the current period. The ending balance of the Level 3 financial instrument presented above represent our best estimates and may not be substantiated by comparisons to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the related temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized when the rate change is enacted. Valuation allowances are recorded to reduce deferred tax assets to the amount that will more likely than not be realized. In accordance with GAAP, we recognize the effect of uncertain income tax positions only if the positions are more likely than not of being sustained in an audit, based on the technical merits of the position. Recognized uncertain income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which those changes in judgment occur. We recognize both interest and penalties related to uncertain tax positions as part of the income tax provision. Shipping and Handling We expense all shipping and handling costs as incurred. These costs are included in cost of goods sold on the accompanying consolidated financial statements. Deferred Offering Costs The Company capitalizes certain legal, professional accounting and other third-party fees that are directly associated with in-process equity financings as deferred offering costs until such financings are consummated. After consummation of the equity financing, these costs are recorded in stockholders' deficit as a reduction of additional paid-in capital generated as a result of the offering. Should the planned equity financing be abandoned, the deferred offering costs will be expensed immediately as a charge to operating expenses in the consolidated statement of operations. In accordance with this policy, for the years ended December 31, 2019 and 2018, the Company expensed financing costs of $919,950 and $0, respectively. Off-Balance Sheet Arrangements The Company has no off-balance sheet risk such as foreign exchange contracts, option contracts, or other hedging arrangements. ASC 606, Revenue from Contracts with Customers On January 1, 2018, we adopted ASC 606 , Revenue from Contracts with Customers Revenue Recognition Under ASC 606, the Company recognizes revenue when the customer obtains control of promised products or services, in an amount that reflects the consideration which is expected to be received in exchange for those products or services. The Company recognizes revenue following the five-step model prescribed under ASC 606: (i) identify contract(s) with a customer; (ii) identify the performance obligation(s) in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligation(s) in the contract; and (v) recognize revenue when (or as) the Company satisfies a performance obligation. The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the products or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of ASC 606, the Company assesses the products or services promised within each contract and determines those that are performance obligations and assesses whether each promised product or service is distinct. The Company then recognizes as revenue the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. To the extent the transaction price includes variable consideration, we estimate the amount of variable consideration that should be included in the transaction price utilizing the expected value method. Variable consideration is included in the transaction price if, in our judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of our anticipated performance and all information (historical, current and forecasted) that is reasonably available. Sales, value add, and other taxes collected on behalf of third parties are excluded from revenue. For the years ended December 31, 2019 and 2018, none of our contracts with customers included variable consideration. Contracts that are modified to account for changes in contract specifications and requirements are assessed to determine if the modification either creates new or changes the existing enforceable rights and obligations. Generally, contract modifications are for products or services that are not distinct from the existing contract due to the inability to use, consume or sell the products or services on their own to generate economic benefits and are accounted for as if they were part of that existing contract. The effect of a contract modification on the transaction price and measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase in or a reduction of revenue) on a cumulative catch-up basis. For the years ended December 31, 2019 and 2018, there were no modifications to contract specifications. The Company is engaged in the development, marketing and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks. We generate revenue primarily from the sale of the FullMAX System and the delivery of related services. Product revenue is comprised of sales of the Company's software defined base station and remote radios, its network management and monitoring system, and accessories. The Company's software and hardware is sold with a limited one-year basic warranty included in the price. The limited one-year basic warranty is an assurance-type warranty, is not a separate performance obligation, and thus no transaction price is allocated to it. The nature of tasks under the limited one-year basic warranty only provide for remedying defective product(s) covered by the warranty. Product revenue is generally recognized when the customer obtains control of our product, which occurs at a point in time, and may be upon shipment or upon delivery based on the contractual shipping terms of a contract, or upon installation when the combined performance obligation is not distinct within the context of the contract. Service revenue is comprised of separately priced extended warranty sales, network support and maintenance, remote monitoring, as well as ancillary services directly related to the sale of the Company's wireless communications products including wireless network design, systems engineering, radio frequency planning, software configuration, product training, installation, and onsite support. The extended warranty sold by the Company provides a level of assurance beyond the coverage for defects that existed at the time of a sale or against certain types of covered damage. The extended warranty includes 1) factory hardware repair or replacement, at our election, of the base station and remote radios, 2) software upgrades, bug fixes and new features of the radio software and NMS, 3) deployment and network architecture support, and 4) technical support by phone and email. Extended warranty, network support and maintenance, and remote monitoring revenues are recognized ratably over the term of the service contract. Ancillary service revenues are recognized at the point in time when those services have been provided to the customer and the performance obligation has been satisfied. With respect to extended warranty sales and remote monitoring, the Company applies the input method using straight-line recognition. If the customer contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. We enter into certain contracts that have multiple performance obligations, one or more of which may be delivered subsequent to the delivery of other performance obligations. We allocate the transaction price based on the estimated relative standalone selling prices of the promised products or services underlying each performance obligation. We determine standalone selling prices based on the price at which the performance obligation is sold separately. If the standalone selling price is not observable through past transactions, we estimate the standalone selling price considering available information such as market conditions and internally approved pricing guidelines related to the performance obligations. Revenue is then allocated to the performance obligations using the relative selling prices of each of the performance obligations in the contract. Our payment terms vary and range from Net 15 to Net 30 days from the date of the invoices. Disaggregation of Revenue The following tables present our disaggregated revenues by Type of Revenue and Timing of Revenue. Years Ended December 31, 2019 2018 Type of Revenue Product revenue $ 212,905 $ 125,664 Service revenue 107,478 64,365 Total revenue $ 320,383 $ 190,029 Years Ended December 31, 2019 2018 Timing of Revenue Revenue recognized point in time $ 281,333 $ 147,863 Revenue recognized over time 39,050 42,166 Total revenue $ 320,383 $ 190,029 Contract Assets and Liabilities We recognize a receivable or contract asset when we perform a service or transfer a good in advance of receiving consideration. A receivable is recorded when our right to consideration is unconditional and only the passage of time is required before payment of that consideration is due. A contract asset is recorded when our right to consideration in exchange for good or services that we have transferred to a customer is conditional on something other than the passage of time. We did not have any contract assets recorded at December 31, 2019 and 2018. We recognize a contract liability when we receive consideration, or if we have the unconditional right to receive consideration, in advance of satisfying the performance obligation. A contract liability is our obligation to transfer goods or services to a customer for which we have received consideration, or an amount of consideration is due from the customer. The table below details the activity in our contract liabilities during the years ended December 31, 2019 and 2018, and the balance at the end of each year is reported as deferred revenue in the Company's consolidated balance sheet. Years Ended December 31, 2019 2018 Balance, beginning of year $ 20,631 $ 30,690 Additions 20,826 32,106 Transfer to revenue (39,050 ) (42,166 ) Balance, end of year $ 2,467 $ 20,631 Warranty Reserve We provide a limited one-year assurance-type warranty on our software and hardware products. The assurance-type warranty covers defects in material and wordsmanship only. If a warranted software or hardware component is determined to be defective after being tested by the Company, the Company will repair, replace or refund the price of the covered hardware and/or software to the customer (not including any shipping, handling, delivery or installation charges). We estimate, based upon a review of historical warranty claim experience, the costs that may be incurred under our warranties and record a liability in the amount of such estimate at the time a product is sold. Factors that affect our warranty liability include the number of units sold, historical and anticipated rates of warranty claims, and cost per claim. We periodically assess the adequacy of our recorded warranty liability and adjust the accrual as claims data and historical experience warrants. The Company has assessed the costs of fulfilling its existing assurance-type warranties and has determined that the estimated outstanding warranty obligation at December 31, 2019 and 2018 is immaterial to the Company's financial statements. Accounting Standard Update 2016-02, Leases Under Topic 842, operating lease expense is generally recognized evenly over the term of the lease. During 2019, the Company had operating leases primarily consisting of two office space leases in Sunnyvale, CA and one in Chengdu, Sichuan Province, People's Republic of China (the "Chengdu Lease"). Lease costs were approximately $475,000 for the year ended December 31, 2019. In December 2019, in conjunction with the closure of Ondas Networks Limited, the Chengdu Lease was terminated. Our remaining lease terms range from 12 to 14 months. There was no sublease rental income for the year ended December 31, 2019. In January 2020, the Company entered into a sublease rental agreement for one of its leases in Sunnyvale, CA. See NOTE 13 for further details. Leases with an initial term of twelve months or less are not recorded on the balance sheet. For lease agreements entered into or reassessed after the adoption of Topic 842, we combine the lease and non-lease components in determining the lease liabilities and right of use ("ROU") assets. Our lease agreements generally do not provide an implicit borrowing rate; therefore, an internal incremental borrowing rate is determined based on information available at lease commencement date for purposes of determining the present value of lease payments. We used the incremental borrowing rate on December 31, 2018 for all leases that commenced prior to that date. Lease Costs Year ended Components of total lease costs: Operating lease expense $ 593,707 Short-term lease costs (1) 46,575 Total lease costs $ 640,282 (1) Represents short-term leases which are immaterial. Lease Positions as of December 31, 2019 ROU lease assets and lease liabilities for our operating leases were recorded in the consolidated balance sheet as follows: As of Assets: Operating lease assets $ 331,419 Total lease assets $ 331,419 Liabilities: Operating lease liabilities, current $ 489,406 Operating lease liabilities, net of current 52,449 Total lease liabilities $ 541,855 Lease Terms and Discount Rate Weighted average remaining lease term (in years) – operating lease 1.1 Weighted average discount rate – operating lease 14 % Cash Flows Year ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 570,568 Undiscounted Cash Flows Future lease payments included in the measurement of lease liabilities on the consolidated balance sheet as of December 31, 2019, as follows: Years ending December 31, 2020 $ 531,166 2021 57,153 Thereafter - Total future minimum lease payments 588,319 Lease imputed interest (46,464 ) Total $ 541,855 In March 2019, one of our long-term operating leases was abandoned and the likelihood of entering into a sublease agreement for the property was minimal; therefore, the Right to Use Asset value of $259,962 was considered impaired and the amount was charged to asset impairment on the accompanying unaudited condensed consolidated financial statements. Net Loss Per Common Share Net loss per share for all periods presented is based on the equity structure of the legal acquirer, which assumes common stock is outstanding and is reflected on a retrospective basis for all periods presented. Basic net loss per share is computed by dividing net loss by the weighted average shares of common stock outstanding for each period. Diluted net loss per share is the same as basic net loss per share since the Company has net losses for each period presented. The following potentially dilutive securities for the years ended December 31, 2019 and 2018 have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. Years Ended December 31, 2019 2018 Warrants to purchase common stock 4,771,417 - Options to purchase common stock 675,000 - Restricted stock purchase offers 383,478 - Convertible debt - 140,678 Total potentially dilutive securities 5,829,895 140,678 Debt Issuance Costs Debt issuance costs represent costs incurred for the issuance of debt. Once the associated debt instrument is issued, these costs would be recorded as a debt discount and amortized using the effective interest method over the term of the related debt instrument. Upon abandonment of a pending financing transaction, the related deferred financing costs are charged to interest expense. Concentrations of Credit Risk Financial instruments that potentially subject us to concentrations of credit risk consist of cash and accounts receivable. Cash is deposited with a limited number of financial institutions. The balances held at any one financial institution may be in excess of Federal Deposit Insurance Corporation (FDIC) insurance limits. Credit is extended to customers based on an evaluation of their financial condition and other factors. We generally do not require collateral or other security to support accounts receivable. We perform ongoing credit evaluations of our customers and maintain an allowance for doubtful accounts and sales credits. Concentration of Customers Because we have only recently invested in our customer service and support organization, a small number of customers have accounted for a substantial amount of our revenue. The table below sets forth the Company's customers that accounted for greater than 10% of its revenues for the years ended December 31, 2019 and 2018, respectively: Years Ended December 31, Customer 2019 2018 A 45 % 17 % B 18 % 76 % C 36 % 0 % 100% of the Company's accounts receivable balance at December 31, 2019 was held by a customer with less than 5% of the Company's revenue for the year ended December 31, 2019. Recently Adopted Accounting Pronouncements In June 2018, the FASB Improvements to Nonemployee Share-Based Payment Accounting In July 2017, the FASB issued ASU 2017-11 ("ASU 2017-11"), Earnings Per Share ("Topic 260"), Distinguishing Liabilities from Equity Derivatives and Hedging In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230) In February 2016, the FASB issued ASU 2016-02, Leases In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The standard's core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under previous guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In July 2015, the FASB approved the proposal to defer the effective date of ASU 2014-09 standard by one year. In 2016, the FASB issued final amendments to clarify the implementation guidance for principal versus agent considerations (ASU 2016-08), accounting for licenses of intellectual property and identifying performance obligations (ASU 2016-10), narrow-scope improvements and practical expedients (ASU 2016-12) and technical corrections and improvements to Topic 606 (ASU 2016-20) in its new revenue standard. The guidance is effective for public entities for annual reporting periods beginning after December 15, 2017 and interim periods therein. Our services are performed over the term of our contracts and customers are billed for those services as they are performed on a monthly basis. Revenue is recognized each month for the services that have been provided to our customers. Additionally, we do not have significant exposure related to uncollectible accounts. We have performed a review of the requirements of the new revenue standard and have performed our analysis of our customer contracts on a portfolio basis (by each hospital group) utilizing the five-step model of the new standard. We have compared the results of our analysis to our current accounting practices. We adopted Topic 606 on January 1, 2018 using the full retrospective transition method for recognizing revenue. The adoption of Topic 606 represents a change in accounting principle that will more closely align revenue recognition with the delivery of our services to our customers and will provide financial statement readers with enhanced disclosures. The adoption of this standard did not have a material effect on the timing and recognition of revenue for the services provided to our customers. Recently Issued Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, Income Taxes Simplifying the Accounting for Income Taxes In November 2019, the FASB issued ASU 2019-11, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, In August 2018, the FASB, issued ASU, 2018-13 that eliminates certain disclosure requirements for fair value measurements for all entities, requires public entities to disclose certain new information and modifies some disclosure requirements. The FASB developed the amendments to ASC 820 as part of its broader disclosure framework project, which aims to improve the effectiveness of disclosures in the notes to financial statements by focusing on requirements that clearly communicate the most important information to users of the financial statements. The new guidance is effective for all entities for fiscal years beginning after December 15, 2019 and for interim periods within those fiscal years. An entity is permitted to early adopt either the entire standard or only the provisions that eliminate or modify requirements. We are currently evaluating the effect of this guidance on our disclosures.

OTHER CURRENT ASSETS

OTHER CURRENT ASSETS	12 Months Ended
OTHER CURRENT ASSETS	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER CURRENT ASSETS	NOTE 3 – OTHER CURRENT ASSETS Other current assets consist of the following: Years Ended December 31, 2019 2018 Advances for raw material purchases $ 450,691 $ - Other prepaid expenses 105,013 40,654 Prepaid insurance 85,201 102,743 Prepaid marketing costs 31,579 125,525 Deposits 28,115 31,965 Miscellaneous receivables - 44,294 Prepaid financing costs - 188,300 Total other current assets $ 700,599 $ 533,481

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
PROPERTY AND EQUIPMENT	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 4 – PROPERTY AND EQUIPMENT Property and equipment consist of the following: Years Ended December 31, 2019 2018 Leasehold improvements $ 58,613 $ 256,920 Vehicle 149,916 143,560 Furniture and fixtures 93,464 132,088 Test equipment 20,493 - Computer equipment 109,509 87,087 Software 67,287 61,287 499,282 680,942 Less: accumulated depreciation (247,036 ) (178,796 ) Total property and equipment $ 252,246 $ 502,146 Depreciation expense for the years ended December 31, 2019 and 2018 was $143,459 and $54,946, respectively.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
INTANGIBLE ASSETS	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 5 – INTANGIBLE ASSETS Our intangible assets include patent costs totaling $127,593 less amortization of patent costs of $1,249 at December 31, 2019. Our intangible assets include patent costs totaling $53,482 less amortization of patent costs of $194 at December 31, 2018. Estimated amortization expense for the next five years for the patent cost currently being amortized is as follows: Year Ending December 31, Estimated Amortization 2020 $ 1,252 2021 $ 1,252 2022 $ 1,252 2023 $ 1,252 2024 $ 1,252

ACCRUED EXPENSES AND OTHER CURR

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	12 Months Ended
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	Dec. 31, 2019
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	NOTE 6 – ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consist of the following: Years Ended December 31, 2019 2018 Accrued payroll and other benefits $ 2,094,536 $ 1,659,577 Accrued interest 437,569 138,605 Deferred revenue 378,850 20,631 Accrued professional fees 104,602 126,384 Other accrued expenses 67,848 - D&O insurance financing payable 33,660 52,530 Accrued rent and facilities costs 24,584 160,544 Accrued travel and entertainment - 30,000 Total accrued expenses and other current liabilities $ 3,141,649 $ 2,188,271

NOTES PAYABLE AND OTHER FINANCI

NOTES PAYABLE AND OTHER FINANCING AGREEMENTS	12 Months Ended
NOTES PAYABLE AND OTHER FINANCING AGREEMENTS	Dec. 31, 2019
Debt Disclosure [Abstract]
NOTES PAYABLE AND OTHER FINANCING AGREEMENTS	NOTE 7 – NOTES PAYABLE AND OTHER FINANCING AGREEMENTS July 31, 2019 Amendment In August 2019, effective as of July 31, 2019, the Company and certain lenders entered into amendments to their respective debt agreements and promissory notes (the "July 31, 2019 Amendment") wherein one lender extended the maturity date on its loan to September 30, 2021 (the "September 2021 Extended Lender") (described more fully below), and the remaining lenders extended the maturity date of their loans to October 31, 2019. In addition to extending the maturity dates of the instruments to October 31, 2019, the lenders agreed that if the Company completes an equity offering of not less than $8,000,000 (subsequently reduced to $5,000,000 effective on September 6, 2019) on or before the maturity date, at or at less than a specified offering price per security, the lenders shall extinguish their indebtedness in exchange for securities of the Company upon the same terms and conditions of the investors in such equity offering, provided Energy Capital LLC ("Energy Capital") participates in an extinguishment of all the indebtedness owed to it under the Energy Capital Loan and Security Agreement (See NOTE 8 for further details) in such equity offering. Loan Agreements In October 2007, Ondas Networks entered into a 6% per annum loan agreement, as amended, with a lender in the amount of $550,000 in connection with the issuance of common stock of Ondas Networks (the "October 2007 Loan"); however, the October 2007 Loan was not memorialized. The October 2007 Loan has been amended several times through June 30, 2019 (the "Amended October 2007 Loan"). Effective July 31, 2019, Ondas Networks further amended the Amended October 2007 Loan, as described above under the July 31, 2019 Amendment. On September 27, 2019, the lender exchanged $610,346 of principal and interest for 244,139 Units (see NOTE 9 for additional details). Pursuant to the terms of the July 31, 2019 Amendment, the outstanding principal and interest at September 27, 2019 was extinguished. The outstanding principal balance of the Amended October 2007 Loan at December 31, 2018 was $567,310. On December 31, 2013, Ondas Networks entered into a 10% per annum Promissory Note, as amended, with a lender in the amount of $250,000, of which $25,000 was repaid in February 2015 (the "December 2013 Note"). The original maturity of the December 2013 Note was December 31, 2014. On November 1, 2014, Ondas Networks entered into a Loan Agreement, as amended, with the Lender in the amount of $210,000. (the "November 2014 Loan"). The original maturity of the November 2014 Loan was March 16, 2015. The December 2013 Note and the November 2014 Loan have been amended several times and a portion of each note has been assigned through June 30, 2019 (the "Amended December 2013 Note" and Amended November 2014 Loan", respectively). Effective July 31, 2019, Ondas Networks further amended the Amended December 2013 Note and Amended November 2014 Loan, as described above under the July 31, 2019 Amendment. On September 27, 2019, the lenders exchanged $586,181 of principal and interest for 234,473 Units (see NOTE 9 for additional details). Pursuant to the terms of the July 31, 2019 Amendment, the outstanding principal and interest at September 27, 2019 was extinguished. The outstanding principal balance of the Amended December 2013 Note and the Amended November 2014 Loan at December 31, 2018 was $285,679 and $259,170, respectively. On April 1, 2015, Ondas Networks entered into a 10% per annum Loan Agreement, as amended, with two individuals in the amount of $50,000 (the "April 2015 Note"). The original maturity of the April 2015 Note was July 1, 2015. The April 2015 Note has been amended several times through June 30, 2019 (the "Amended April 2015 Note"). Effective July 31, 2019, Ondas Networks further amended the Amended April 2015 Note, as described above under the July 31, 2019 Amendment. On September 27, 2019, the lender exchanged $71,556 of principal and interest for 28,623 Units (see NOTE 9 for additional details). Pursuant to the terms of the July 31, 2019 Amendment, the outstanding principal and interest at September 27, 2019 was extinguished. The outstanding principal balance of the April 2015 Note at December 31, 2018 was $66,511. Financing Agreement On November 3, 2016, Ondas Networks entered into a Purchase Order Financing Agreement with an accompanying 20% per annum Promissory Note, as amended, with an individual in the amount of $250,000 (the "November 2016 Note"). The original maturity of the November 2016 Note was the earlier of the payment of the purchase order for which the loan was advanced or 180 days after issuance. On December 20, 2016, Ondas Networks entered into a second Purchase Order Financing Agreement with an accompanying 10% per annum Promissory Note, as amended, with the same individual in the amount of $100,000 (the "December 2016 Note"). The original maturity of the December 2016 Note was the earlier of the payment of the purchase order for which the loan was advanced or 180 days after issuance. The November 2016 Note and the December 2016 Note have been amended several times through June 30, 2019 (the "Amended November 2016 Note" and Amended December 2016 Note", respectively). Effective July 31, 2019, Ondas Networks further amended the Amended November 2016 Note and Amended December 2016 Note, as described above under the July 31, 2019 Amendment. On September 27, 2019, the lender exchanged $433,131 of principal and interest for 173,252 Units (see NOTE 9 for additional details). Pursuant to the terms of the July 31, 2019, Amendment the outstanding principal and interest at September 27, 2019 was extinguished. The outstanding principal balance of the Amended November 2016 and Amended December 2016 Note at December 31, 2018 was $319,530 and $113,601, respectively. On February 28, 2014, Ondas Networks entered into a Purchase Order Financing Agreement (the "Financing Agreement") with a lender. Interest on the Financing Agreement accrued at 30% per annum for the first 104 days and at 51% per annum thereafter. Between June 2014 and January 2015, Ondas Networks received an aggregate of $660,000 of which $285,000 was repaid. The Financing Agreement has been amended several times through June 30, 2019 (the "Amended Financing Agreement"). Effective July 31, 2019, Ondas Networks further amended the Amended Financing Agreement, as described above under the July 31, 2019 Amendment. On September 27, 2019, the lender exchanged $1,030,593 of principal and interest for 412,238 Units (see NOTE 9 for additional details). Pursuant to the terms of the July 31, 2019 Amendment, the outstanding principal and interest at September 27, 2019 was extinguished. The outstanding principal balance of the Amended Financing Agreement at December 31, 2018 was $957,925. Promissory Notes On December 14, 2015, Ondas Networks approved a private placement offering ("Private Placement") seeking to sell to investors certain 10% promissory notes in the aggregate face amount of $750,000, which amount was later increased to $1,250,000, with a term of 18 months ("Private Placement Notes"). In connection with the Private Placement Notes, each investor (the "Private Placement Noteholders") received warrants to purchase shares of common stock of Ondas Networks ("Private Placement Warrants"), equal to 25% of the principal amount of the Private Placement Notes, exercisable at the lower of (i) $2.00 per share or (ii) 40% of the selling price of Ondas Networks' shares in its proposed initial public offering. In December 2015, pursuant to the terms of security purchase agreements entered into in connection with the Private Placement, Ondas Networks completed the sale of an aggregate of $325,000 in Private Placement Notes to Private Placement Noteholders, of which $25,000 was repaid during 2017, and issued them Private Placement Warrants to purchase an aggregate of 81,250 shares of common stock of Ondas Networks, with a term of ten years, at an exercise price of $2.00 and a fair value of $63,398. Between February and July 2016, pursuant to the terms of such security purchase agreements, Ondas Networks completed the sale of an aggregate of $925,000 in Private Placement Notes to Private Placement Noteholders and issued them Private Placement Warrants to purchase an aggregate of 231,250 shares of Ondas Networks common stock, with a term of ten years, at an exercise price of $2.00 and a fair value of $168,678. As of January 1, 2018, the Private Placement Warrants for the 312,500 shares of Ondas Networks common stock were surrendered to Ondas Networks in exchange for participation in a private placement of Ondas Networks' shares dated April 13, 2018. The Private Placement Notes have been amended several times through June 30, 2019 (the "Amended Private Placement Notes"). Effective July 31, 2019, Ondas Networks further amended the Amended Private Placement Notes, wherein (i) the September 2021 Extended Lender agreed to transfer all accrued and unpaid interest through July 31, 2019 in the amount of $1,983 to principal, to extend the maturity date to September 30, 2021, and to accrue interest from the date of the extension to the maturity date and (ii) all other lender agreements were amended as described above under the July 31, 2019 Amendment. On September 27, 2019, the lenders, excluding the September 2021 Extended Lender, exchanged $1,201,960 of principal and interest for 480,786 Units (see NOTE 9 for additional details). Pursuant to the terms of the July 31, 2019 Amendment, the outstanding principal and interest at September 27, 2019 was extinguished. The aggregate outstanding principal balance of the Amended Private Placement Notes at December 31, 2019 and 2018 was $239,921 and $1,343,682, respectively. Convertible Promissory Notes During 2017, Ondas Networks and certain entities and individuals entered into convertible promissory notes defined herein as (i) notes with mutual conversion preferences ("Group 1 Notes") and (ii) notes with unilateral conversion preferences ("Group 2 Notes"). On July 11, 2018, the Ondas Networks board of directors approved certain changes to the outstanding convertible promissory notes. The action approved changes to the Group 2 Notes to match the Group 1 Notes and authorized the issuance of a Security Holder Consent Agreement wherein each holder of a Group 2 Note would agree to the change. The changes modified the conversion option for the Group 2 Notes which resulted in a loss on extinguishment of debt in the amount of $44,348 and caused the derivative liability related to the Group 2 Notes to cease to exist and be classified as additional paid in capital at its fair value on July 11, 2018 in the amount of $1,141,995. On September 28, 2018, in conjunction with the Merger Agreement discussed in NOTE 1, the holders of Group 1 Notes and all but one holder of Group 2 Notes converted their outstanding convertible promissory notes into an aggregate of 2,017,402 Company Shares. At both December 31, 2019 and 2018, the total outstanding balance of the remaining convertible promissory note (the "Note") was $300,000. The maturity date of the Note is based on the payment of 0.6% of quarterly gross revenue until 1.5 times the amount of the Note is paid. On September 27, 2019, the holder of the Note was granted a warrant to purchase 140,678 shares of common stock of the Company. The fair value of this warrant was recorded as financing costs on the accompanying condensed consolidated financial statements. See NOTE 9 for further details. Notes payable and other financing consists of: Years Ended December 31, 2019 2018 Short Term: Loan Agreements $ - $ 1,178,670 Financing Agreement - 1,360,516 Promissory Notes - 1,343,682 $ - $ 3,882,868 Long Term: Promissory Note $ 239,921 $ - Convertible Promissory Note 300,000 300,000 $ 539,921 $ 300,000

SECURED PROMISSORY NOTES

SECURED PROMISSORY NOTES	12 Months Ended
SECURED PROMISSORY NOTES	Dec. 31, 2019
Debt Disclosure [Abstract]
SECURED PROMISSORY NOTES	NOTE 8 – SECURED PROMISSORY NOTES Steward Capital Holdings LP On March 9, 2018, we entered into a loan and security agreement (the "Agreement") with Steward Capital Holdings LP (the "Steward Capital") wherein Steward Capital made available to us a loan in the aggregate principal amount of up to $10,000,000 (the "Loan"). On March 9, 2018, the Company and Steward Capital, pursuant to the Agreement, entered into a Secured Term Promissory Note for $5,000,000, having a maturity date of September 9, 2019 ("Tranche A"). The Note bears interest at a per annum rate equal to the greater of (a) 11.25% or (b) 11.25% plus the Prime Rate, less, 3.25%. The Agreement also includes payments of $25,000 in loan commitment fees and $100,000 (1%) of the funding in loan facility charges. The loan commitment fees and $50,000 in loan facility charges associated with Tranche A were recorded as debt discount and amortized over the life of the loan. There is also an end of term charge of $250,000. The end of term charge is being recorded as accreted costs over the term of the loan. The Note is secured by substantially all of the assets of the Company. On October 9, 2018, the Company and Steward Capital, pursuant to the Agreement, entered into a second Secured Term Promissory Note for $5,000,000 having a maturity date of April 9, 2020 (the "Second Note") to complete the Agreement for $10,000,000. The Second Note bears interest at a per annum rate equal to the greater of (a) 11.25% or (b) 11.25% plus the Prime Rate, less, 3.25%. Pursuant to the terms of the Agreement, the Company is required to pay a $50,000 loan facility charge. On June 18, 2019, the Company and Steward Capital entered into a letter of agreement to amend the Loan and Security Agreement (the "First Amendment") to (i) extend and amend the Maturity Date, as defined in Section 1.1 of the Agreement, to read in its entirety "means September 9, 2020"; (ii) waive the repayment requirement to Steward Capital under Section 2.3 of the Agreement, in connection with the then proposed public offering of the Company as described in the Company's Registration Statement on Form S-1, as amended, originally filed on April 12, 2019, and (iii) waive the restriction by Steward Capital on the prepayment of Indebtedness under Section 7.4 of the Agreement. In connection with the waivers, extension and amendment, the Company agreed to pay to Steward Capital, upon the earlier of (a) the completion of the public offering as set forth in Section 2.3 of the Agreement and (b) ten (10) days following the Company's receipt of Steward's written demand therefor, a fee equal to three percent (3%) of the current outstanding principal balance of the Loan (as defined in the Agreement), neither of which have occurred at the time of this filing. The Company concluded that the modifications created by the First Amendment resulted in a troubled debt restructuring under Accounting Standard Codification—Debt (Topic 470) as it was determined that a concession was granted by Steward Capital. However, as the future payments to be made subsequent to the modification are greater than the carrying value at the time of the modification, no gain or loss was required to be recognized on the troubled debt restructuring. As the difference between the effective interest rate method and the straight-line method is deemed immaterial, the Company will continue to amortize the deferred loan costs using the straight-line method over the remaining term of the Loan. On October 28, 2019, Company and Steward Capital entered into a letter of agreement (the "Second Amendment") to amend the Agreement, as amended wherein the parties agreed to (i) extend and amend the due date for all accrued and unpaid interest starting September 2, 2019 to the Maturity Date (September 9, 2020) and (ii) extend and amend the due date for the 3% fee payable to Steward Capital in connection with the amendment and waiver dated June 2019 to be payable on the Maturity Date. Also in connection with the extensions and amendments the Company issued Steward Capital 120,000 shares of the Company's common stock valued at $300,000 on December 15, 2019. The value was recorded as debt discount and amortized over the life of the loan. The Company concluded that the modifications created by the Second Amendment resulted in a troubled debt restructuring under Accounting Standard Codification—Debt (Topic 470) as it was determined that a concession was granted by Steward Capital. However, as the future payments to be made subsequent to the modification are greater than the carrying value at the time of the modification, no gain or loss was required to be recognized on the troubled debt restructuring. As the difference between the effective interest rate method and the straight-line method is deemed immaterial, the Company will continue to amortize the deferred loan costs using the straight-line method over the remaining term of the Loan. The Agreement also contains covenants which included certain restrictions with respect to subsequent indebtedness, liens, loans and investments, asset sales and share repurchases and other restricted payments, subject to certain exceptions. The Agreement also contained financial reporting obligations. An event of default under the Agreement includes, but is not limited to, breach of covenants, insolvency, and occurrence of any default under any agreement or obligation of the Company. In addition, the Agreement contained a customary material adverse effect clause which states that in the event of a material adverse effect, an event of default would occur, and the lender has the option to accelerate and demand payment of all or any part of the loan. A material adverse effect is defined in the Agreement as a material change in our business, operations, properties, assets or financial condition or a material impairment of its ability to perform all obligations under its Agreement. As of December 31, 2019, the principal balance was $10,000,000, net of debt discount of $252,933 and accreted cost of $359,828 and accrued interest was $437,569. Energy Capital, LLC On October 1, 2018, we entered into a loan and security agreement (the " Loan and Security Energy Capital, LLC ("Energy Capital") The advance proceeds were utilized primarily for operating capital and inventory. The principal amount outstanding under the Promissory Notes bear interest at or the completion by the Company of a capital raise with minimum proceeds to the Company of $20 million.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
STOCKHOLDERS' EQUITY	Dec. 31, 2019
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 9 – STOCKHOLDERS' EQUITY Preferred Stock At December 31, 2019, the Company had 10,000,000 shares of Preferred Stock, par value $0.0001, authorized for issuance, of which no shares of preferred stock were issued or outstanding. Common Stock At December 31, 2019, the Company had 350,000,000 shares of Common Stock, par value $0.0001 (the "Common Stock") authorized for issuance, of which 59,268,085 shares of our Common Stock were issued and outstanding. Securities Purchase Agreement On September 27, 2019, Ondas Holdings entered into a securities purchase agreement (the "Purchase Agreement") with certain purchasers (the "Investors"), which provided for the sale of up to $12,500,000 of Units (including an over-allotment option exercisable by the placement agent for the Company to sell up to an additional $2,500,000 of Units) at a cash purchase price of $2.50 per Unit (the "Offering"). Each Unit consists of one share of Common Stock and one-half of one warrant to purchase one share of Common Stock at an exercise price of $3.25 per share for a period commencing six months and ending 36 months after the closing date (the "Investor Warrants"). On September 27, 2019 (the "Initial Closing Date"), pursuant to the Purchase Agreement, the Company issued an aggregate of 2,426,000 Units to the Investors (the "Initial Closing"). In connection with the Initial Closing, Eric Brock, the Company's Chief Executive Officer, purchased 400,000 Units totaling $1,000,000. The aggregate gross proceeds to the Company from the Initial Closing was $6,065,000. On October 30, 2019 (the "Second Closing Date"), pursuant to the Purchase Agreement, the Company issued an aggregate of 206,000 Units to the Investors (the "Second Closing"). The aggregate gross proceeds to the Company from the Second Closing was $515,000. On November 27, 2019 (the "Third Closing Date"), pursuant to the Purchase Agreement, the Company issued an aggregate of 253,600 Units to the Investors (the "Third Closing"). The aggregate gross proceeds to the Company from the Third Closing was $634,000. The table below details the net proceeds of the Offering. Gross Proceeds: Initial Closing $ 6,065,000 Second Closing 515,000 Third Closing 634,000 7,214,000 Offering Costs: Placement Agent fees (721,400 ) Other offering costs (382,878 ) Net Proceeds $ 6,109,722 Pursuant to the Purchase Agreement, the Company has agreed to indemnify the Investors for liabilities arising out of or relating to (i) any breach of any of the representations, warranties, covenants or agreements made by the Company or its subsidiary in the Purchase Agreement or related documents or (ii) any action instituted against an Investor with respect to the Offering, subject to certain exceptions. The Purchase Agreement also contains customary representations and warranties and covenants of the Company and was subject to customary closing conditions. In addition, on the Initial Closing Date, the Company entered into a registration rights agreement (the "Registration Rights Agreement") with the Investors, pursuant to which the Company agreed to register for resale by the Investors the shares of Common Stock and the shares of Common Stock issuable upon exercise of the Investor Warrants purchased by the Investors pursuant to the Purchase Agreement. The Company previously committed to file the registration statement no later than October 27, 2019, however it filed the registration statement December 5, 2019. The Registration Rights Agreement provides for liquidated damages upon the occurrence of certain events, including the Company's failure to file the registration statement by the deadline set forth above. The amount of liquidated damages payable to an Investor is 1.0% of the aggregate amount invested by such Investor for each 30-day period, or pro rata portion thereof, during which the default continues. To date the Company has paid $60,650 and accrued $19,053 in liquidated damages. Also, in connection with the Offering, the Company's executive officers and directors entered into lock-up agreements with the Placement Agent (as defined below) that restrict their ability to sell or transfer their shares for a period of 180 days after the Initial Closing Date (the "Lock-Up Agreement"). National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc., acted as placement agent (the "Placement Agent") in the Offering. As detailed above, the Placement Agent received an aggregate cash fee of $721,400, or 10.0% of the gross proceeds raised in connection with the Offering, reimbursement of transaction expenses of $40,000 (included in Other offering costs above), and warrants to purchase an aggregate of 288,560 shares of Common Stock at an exercise price equal to $3.25 per share (the "Placement Agent Warrants"). The Placement Agent Warrants are exercisable for a period commencing six months and ending 36 months after the Initial Closing Date. The Units were offered and sold exclusively to accredited investors, and the Placement Agent Warrants were offered and sold to the Placement Agent, in a transaction exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"), as a transaction not involving a public offering, pursuant to Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D promulgated thereunder. The Investors and the Placement Agent represented their intentions to acquire the securities for investment only and not with a view to or for sale in connection with any distribution thereof, and appropriate legends were placed upon the stock certificates, Investor Warrants and Placement Agent Warrants issued in the transaction. The offer and sale of the securities were made without any general solicitation or advertising. Conversion of Notes Payable and Other Financing Agreements In connection with the Initial Closing, on the Initial Closing Date, the notes payable and other financing agreements (the "Debt Obligations") (see NOTE 7 for further details), with an aggregate of $3,933,767 principal and interest outstanding, were converted into an aggregate of 1,573,511 Units. Conversion of Loan and Security Agreement with Energy Capital, LLC In connection with the Initial Closing, on the Initial Closing Date, the Loan and Security Agreement by and between the Company and Energy Capital, a greater than five percent stockholder of the Company, with an aggregate of $10,563,104 principal and interest outstanding, was converted into of 4,225,242 Units. Issuance of Common Stock On December 15, 2019, the Company issued 120,000 shares of its common stock to Steward Capital in conjunction with an amendment to loan and security agreement (See NOTE 8 for further details). Warrants to Purchase Common Stock We use the Black-Scholes-Merton option pricing model ("Black-Scholes Model") to determine the fair value of warrants to purchase Common Stock of the Company ("Warrants"). The Black-Scholes Model is an acceptable model in accordance with the GAAP. The Black-Scholes Model requires the use of a number of assumptions including volatility of the stock price, the weighted average risk-free interest rate, and the weighted average term of the Warrant. The risk-free interest rate assumption is based upon observed interest rates on zero coupon U.S. Treasury bonds whose maturity period is appropriate for the term of the Warrants. Estimated volatility is a measure of the amount by which our stock price is expected to fluctuate each year during the expected life of the award. Our estimated volatility is an average of the historical volatility of peer entities whose stock prices were publicly available over a period equal to the expected life of the awards. We used the historical volatility of peer entities due to the lack of sufficient historical data of our stock price. As of December 31, 2019, we had Warrants outstanding to purchase an aggregate of 4,771,417 shares of Common Stock with a weighted-average contractual remaining life of approximately 2.8 years, and exercise prices ranging from $0.01 to $3.25 per share, resulting in a weighted average exercise price of $3.15 per share. At December 31, 2019, no warrants were exercised. On September 27, 2019, we granted an aggregate of 4,495,657 3-year Warrants to participants in our Securities Purchase Agreement (see above for further details). The Warrants vested on the date of the grant and had a grant date fair value of $0.33 per share. Also, on September 27, 2019, we granted a Warrant to an individual lender for the purchase of an aggregate of 140,678 shares of Common Stock (see NOTE 7 for further details). The Warrant vested on the date of the grant, expires on September 26, 2024 and has a grant date fair value of $2.49 per share. On October 30, 2019, we granted an aggregate of 123,600 3-year Warrants to participants in our Securities Purchase Agreement (see above for further details). The Warrants vested on the date of the grant and had a grant date fair value of $0.35 per share. On November 27, 2019, we granted an aggregate of 152,160 3-year Warrants to participants in our Securities Purchase Agreement (see above for further details). The Warrants vested on the date of the grant and had a grant date fair value of $0.34 per share. The assumptions used in the Black-Scholes Model are set forth in the table below. Stock price $ 2.50 Risk-free interest rate 1.58-1.63 % Volatility 38.50-39.57 % Expected life in years 3-5 Dividend yield 0.00 % Equity Incentive Plan In connection with the Closing, our board of directors (the "Board") approved, and our stockholders adopted, the 2018 Equity Incentive Plan (the "2018 Plan") pursuant to which 10 million shares of our Common Stock has been reserved for issuance to employees, including officers, directors and consultants. The 2018 Plan shall be administered by the Board, provided however, that the Board may delegate such administration to the compensation committee (the "Committee"). Subject to the provisions of the 2018 Plan, the Board and/or the Committee shall have authority to grant, in its discretion, incentive stock options, or non-statutory options, stock awards or restricted stock purchase offers ("Equity Awards"). In August 2019, pursuant to the terms of Severance Agreements, 675,000 incentive stock options with deferred distribution were promised to two former employees of the Company pursuant to the 2018 Plan (both employees participated in the restricted stock purchase offers ("RSUs") discussed below). For the year ended December 31, 2019, $435,312 in related stock compensation expense has been recorded and is included in the accompanying consolidated financial statements. During 2018, the Company entered into an agreement wherein 378,478 RSUs with deferred distribution were promised to a consultant for the Company pursuant to the 2018 Plan. For the year ended December 31, 2019, $50,599 in related stock compensation expense has been recorded and is included in the accompanying consolidated financial statements. The Company has not yet executed the RSU agreement with the consultant. Also during 2018, the Company entered into agreements where an aggregate of 408,478 RSUs pursuant to the 2018 Plan were promised to employees for services provided during 2019. In August 2019, certain employees were terminated and, in accordance with their separation agreements, any liabilities related to their promised RSUs were eliminated. Accordingly, the Company has recorded expense of $71,789 for the year ended December 31, 2019, with respect to such awards which is included in the accompanying consolidated financial statements. The Company has not yet executed RSU agreements with the remaining employees. The total amount of non-vested restricted units awarded as of December 31, 2019 is $143,804 shares. The weighted average grant-date fair value for the restricted stock awards is $0.25. The weighted average vesting period of the restricted stock awards is 2.0 years. As of December 31, 2019, unrecognized compensation expense related to the unvested portion of the Company's restricted stock awards was $42,759, which is expected to be recognized over a weighted average period of 0.75 years. The Company recognizes stock compensation expense generally upon the grant date and over the period of vesting or period that services will be provided. Compensation associated with shares issued or to be issued to consultants and other non-employees is recognized over the expected service period beginning on the measurement date which is generally the time the Company and the service provider enter into a commitment whereby the Company agrees to grant shares in exchange for the services to be provided. As of December 31, 2019, the Board has not approved the grant of any Equity Awards under the 2018 Plan.

INCOME TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Dec. 31, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 10 – INCOME TAXES The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows: Years Ended December 31, 2019 2018 Deferred Tax Assets: Tax benefit of net operating loss carry-forward $ 11,828,268 $ 6,465,826 Depreciation and amortization 27,949 (5,102 ) Accrued liabilities 360,204 261,876 Stock based compensation 34,493 - Interest Expense - 740,285 R&D Credit 851,413 393,165 Total deferred tax assets 13,102,327 7,856,050 Valuation allowance for deferred tax assets (13,102,327 ) (7,856,050 ) Deferred tax assets, net of valuation allowance $ - $ - The change in the Company's valuation allowance is as follows: Years Ended December 31, 2019 2018 Beginning of the year $ 7,856,050 $ 4,726,411 Change in valuation account 5,246,277 3,129,639 End of the year $ 13,102,327 $ 7,856,050 A reconciliation of the provision for income taxes with the amounts computed by applying the Federal income tax rate to income from operations before the provision for income taxes is as follows: Years Ended December 31, 2018 2018 U.S. federal statutory rate (21.0 )% (21.0 )% Federal true ups 0.8 % State taxes, net of federal benefit (6.2 )% (6.9 )% Share-based compensation - % - % Effect of U.S. tax law change - % - % Change in valuation allowance 27.1 % 25.8 % Nondeductible expenses 0.5 % 2.0 % R&D credit (2.4 )% (3.2 )% Stock Options - % 3.3 % Foreign rate differential (0.2 )% China liquidation 1.4 % Effective income tax rate - % - % In assessing the realizability of deferred tax assets, including the net operating loss carryforwards (NOLs), the Company assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to utilize its existing deferred tax assets. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the period when those temporary differences become deductible. Based on its assessment, the Company has provided a full valuation allowance against its net deferred tax assets as their future utilization remains uncertain at this time. As of December 31, 2019 and 2018, the Company had approximately $42 million and $23 million respectively of Federal and state NOLs available to offset future taxable income with $23 million expiring from 2030 through 2037 while the Federal NOL of $17 Million generated in 2019 has no expiration. As of December 31, 2019 and 2018, the Company had approximately $851,000 and $393,000, respectively of Federal research and development credits available to offset future tax liability expiring from 2030 through 2039. In accordance with Section 382 of the Internal Revenue code, the usage of the Company's Federal Carryforwards could be limited in the event of a change in ownership. As of December 31, 2019 the company has not completed an analysis as to whether or not an ownership change has occurred. The Company applies the FASB's provisions for uncertain tax positions. The Company utilizes the two-step process to determine the amount of recognized tax benefit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the consolidated financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. The Company recognizes interest and penalties associated with uncertain tax positions as a component of income tax expense. As of December 31, 2019, management does not believe the Company has any material uncertain tax positions that would require it to measure and reflect the potential lack of sustainability of a position on audit in its financial statements. The Company will continue to evaluate its uncertain tax positions in future periods to determine if measurement and recognition in its financial statements is necessary. The Company does not believe there will be any material changes in its unrecognized tax positions over the next year. On December 22, 2017, the U.S. Tax Cuts and Jobs Act ("Tax Cuts and Jobs Act") was enacted which contained substantial changes to the Code, some of which could have an adverse effect on our business. Among other things, the Tax Cuts and Jobs Act (i) reduces the U.S. corporate income tax rate from 35% to 21% beginning in 2018, (ii) generally will limit annual deductions for net interest expense to no more than 30% of our "adjusted taxable income," plus 100% of our business interest income for the year, and (iii) will permit a taxpayer to offset only 80% (rather than 100%) of its taxable income with any U.S. net operating losses ("NOLs") generated for taxable years beginning after 2017. The U.S. Department of Treasury has broad authority to issue regulations and interpretative guidance that may significantly impact how we will apply the law and impact our results of operations in the period issued. While the U.S. Department of the Treasury has issued some proposed regulations since the enactment of the Tax Cuts and Jobs Act, additional guidance is likely forthcoming. The measurement period allowed by Staff Accounting Bulletin ("SAB") No. 118 has closed during the fourth quarter of 2018. The prospects of supplemental legislation or regulatory processes to address uncertainties that arise because of the Act, or evolving technical interpretations of the tax law, may cause our financial statements to be impacted in the future. We will continue to analyze the effects of the Act as subsequent guidance continues to emerge.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 11 – COMMITMENTS AND CONTINGENCIES Legal Proceedings We may be involved in legal proceedings, claims and assessments arising in the ordinary course of business. Such matters are subject to many uncertainties, and outcomes are not predictable with assurance. There are no such loss contingencies that are included in the financial statements as of December 31, 2019. Operating Leases On November 11, 2013, Ondas Networks entered into a three-year lease agreement for 5,858 square feet of office space at 687 North Pastoria Avenue, Sunnyvale, California expiring on December 31, 2017 with a base rent ranging from $2,929 to $9,079 per month plus certain various expenses incurred (the "North Pastoria Lease"). On October 16, 2017, Ondas Networks extended the lease agreement for an additional three years with an expiration date of December 31, 2020 ("2018 Extension"). Rent expense for the years ended December 31, 2019 and 2018 related to the North Pastoria Lease was $170,148 and $170,151, respectively. The base rent in the 2018 Extension is $15,231 for 2020. In late 2018, we vacated this location and completed our move into the location described below. In late January 2020, we entered into a sublease agreement of the North Pastoria Lease for the remainder of the lease term (see NOTE 13 for further details). The future minimum lease payments related to the North Pastoria Lease is as follows: Year Ending December 31, 2020 North Pastoria Lease $ 182,772 Sublease (see NOTE 13) (106,323 ) Net payments in 2020 $ 76,449 On October 30, 2018, Ondas Networks entered into a Sublease with Texas Instruments Sunnyvale Incorporated, regarding the sublease of approximately 21,982 square feet of rentable space at 165 Gibraltar Court, Sunnyvale, CA 94089 (the "Gibraltar Sublease"), constituting the entire first floor of the premises (except the lobby and two stairwells), as defined under that certain Lease dated April 12, 2004, as amended by the First Lease Amendment dated March 15, 2005, a Second Amendment to Lease dated November 30, 2005, and a Third Amendment to Lease dated November 30, 2010 between Gibraltar Sunnyvale Holdings LLC and Texas Instruments Sunnyvale Incorporated. The Sublease began on November 1, 2018 and ends on February 28, 2021 at a base monthly rent of $28,577. A security deposit of $28,577 was paid upon execution of the Sublease. Rent expense for the year ended December 31, 2019 and November and December 31, 2018 related to the Gibraltar Sublease was $312,301 and $52,050, respectively. The future minimum lease payments related to the Gibraltar Sublease are as follows: Years Ending December 31, 2020 $ 342,924 2021 $ 57,154

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Dec. 31, 2019
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 12 – RELATED PARTY TRANSACTIONS At the Closing, we entered into a Loan and Security Agreement with Energy Capital, a greater than 10% stockholder of the Company, pursuant to which Energy Capital loaned the Company an aggregate principal amount of $10 million (see NOTE 8 for further details). The Promissory Notes, with an aggregate of $10,563,104 principal and interest outstanding, were converted into 4,225,242 Units in the aforementioned Purchase Agreement (see NOTE 9 for further details), and the debt owed under the Promissory Notes was extinguished. Also, in connection with the Purchase Agreement, Eric Brock, the Company's Chief Executive Officer, purchased 400,000 Units totaling $1,000,000.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 13 – SUBSEQUENT EVENTS On November 11, 2013, the Company entered into a three-year lease agreement for office space at 687 North Pastoria Avenue, Sunnyvale, California expiring on December 31, (the "North Pastoria Lease"). On October 16, 2017, the Company extended the lease agreement for an additional three years with an expiration date of December 31, 2020 ("2018 Extension"). On January 24, 2020, the Company and a third party (the "Sublessee") entered a Sublease agreement (the "Sublease"), wherein the Sublessee will occupy the premises for the remainder of the term of the 2018 Extension. The Sublessee will make payments total $106,323 ($9,666 per month) for the remaining 11 months. Between April 16 and December 31, 2019, we accrued $141,667 for salary owed during 2019 to Mr. Brock, the Company's Chief Executive Officer. On March 12, 2020, Mr. Brock waived accrued payroll amounts in the amount of $141,667. On March 12, 2020, Stewart Kantor, the Company's Chief Financial Officer, waived accrued payroll amounts in the amount of $8,334.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Policies)	Dec. 31, 2019
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and our wholly owned subsidiaries Ondas Networks and FS Partners and our majority owned subsidiaries, Full Spectrum Holding and Ondas Network Limited. All significant inter-company accounts and transactions between these entities have been eliminated in these historical consolidated financial statements.
Segment Information	Segment Information We operate in one business segment, which is the development, marketing and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks.
Use of Estimates	Use of Estimates The process of preparing financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of assets and liabilities at the date of the financial statements. Such management estimates include those relating to revenue recognition, inventory write-downs to reflect net realizable value, assumptions used in the valuation of stock-based awards and warrants, and valuation allowances against deferred tax assets. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid instruments with an original maturity of three months or less, as well as deposits in financial institutions, to be cash and cash equivalents. As of December 31, 2019 and 2018, we had no cash equivalents.
Trade Accounts Receivable	Trade Accounts Receivable Accounts receivable are stated at a gross invoice amount less an allowance for doubtful accounts. We estimate allowance for doubtful accounts by evaluating specific accounts where information indicates our customers may have an inability to meet financial obligations, such as customer payment history, credit worthiness and receivable amounts outstanding for an extended period beyond contractual terms. We use assumptions and judgment, based on the best available facts and circumstances, to record an allowance to reduce the receivable to the amount expected to be collected. These allowances are evaluated and adjusted as additional information is received. We had no allowance for doubtful accounts as of December 31, 2019 and 2018.
Inventory	Inventory Inventories, which consist solely of equipment components, are stated at the lower of cost (first-in, first-out) or net realizable value, net of reserves for obsolete inventory. We continually analyze our slow-moving and excess inventories. Based on historical and projected sales volumes and anticipated selling prices, we established reserves. Inventory that is in excess of current and projected use is reduced by an allowance to a level that approximates its estimate of future demand. Products that are determined to be obsolete are written down to net realizable value. As of December 31, 2019 and 2018, we determined that no such reserves were necessary. Inventory consists of the following: Years Ended December 31, 2019 2018 Raw material $ 372,101 $ 307,947 Finished goods 55,415 39,998 Total inventory $ 427,516 $ 347,945
Property and Equipment	Property and Equipment All additions, including improvements to existing facilities, are recorded at cost. Maintenance and repairs are charged to expense as incurred. Depreciation of property and equipment is principally recorded using the straight-line method over the estimated useful lives of the assets. The estimated useful lives typically are (i) three years for equipment and software, and (ii) five years for vehicles and furniture and fixtures. Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term or the estimated useful life of the asset. Upon the disposal of property, the asset and related accumulated depreciation accounts are relieved of the amounts recorded therein for such items, and any resulting gain or loss is recorded in operating expenses in the year of disposition.
Software	Software Costs incurred internally in researching and developing a software product are charged to expense until technological feasibility has been established for the product. Once technological feasibility is established, all software costs are capitalized until the product is available for general release to customers. Judgment is required in determining when technological feasibility of a product is established. We have determined that technological feasibility for our software products is reached after all high-risk development issues have been resolved through coding and testing. Generally, this occurs shortly before the products are released to production. There were no capitalized software costs at December 31, 2019 and 2018.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Long-lived assets are evaluated whenever events or changes in circumstances indicate that the carrying amount may not be recoverable or the useful life has changed. Such indicators include significant technological changes, adverse changes in market conditions and/or poor operating results. The carrying value of a long-lived asset group is considered impaired when the projected undiscounted future cash flows is less than its carrying value. The amount of impairment loss recognized is the difference between the estimated fair value and the carrying value of the asset or asset group. Fair market value is determined primarily using the projected future cash flows discounted at a rate commensurate with the risk involved. Based upon our evaluation, there were no impairments of long-lived assets required during the years ended December 31, 2019 and 2018.
Patents	Patents We have adopted the provisions of Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, 350, Intangibles - Goodwill and Other
Research and Development	Research and Development Costs for research and development are expensed as incurred. Research and development expense consists primarily of salaries, salary related expenses and costs of contractors and materials.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Our financial instruments consist primarily of receivables, accounts payable, accrued expenses and short and long-term debt. The carrying amount of receivables, accounts payable and accrued expenses approximates our fair value because of the short-term maturity of such instruments. We have categorized our assets and liabilities that are valued at fair value on a recurring basis into a three-level fair value hierarchy in accordance with U.S. GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and lowest priority to unobservable inputs (Level 3). Assets and liabilities recorded in the balance sheets at fair value are categorized based on a hierarchy of inputs, as follows: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 -- Quoted prices for similar assets or liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly through market corroboration, for substantially the full term of the financial instrument. Level 3 -- Unobservable inputs for the asset or liability. At December 31, 2019 and 2018, we had no instruments requiring a fair value determination. The following table provides a summary of changes in fair value associated with the Level 3 liabilities for the years ended December 31, 2019 and 2018: Fair Value Measurements Using Significant Unobservable Inputs (Level 3) December 31, 2019 2018 Balance, beginning of period $ - $ (166,093 ) Issuances of derivative liability - - Reclassification to additional paid in capital - 1,141,995 Change in fair value of derivative liability - (975,902 ) Balance, end of period $ - $ - The above table of Level 3 liabilities begins with the prior period balance and adjusts the balance for changes that occurred during the current period. The ending balance of the Level 3 financial instrument presented above represent our best estimates and may not be substantiated by comparisons to independent markets and, in many cases, could not be realized in immediate settlement of the instruments.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the related temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized when the rate change is enacted. Valuation allowances are recorded to reduce deferred tax assets to the amount that will more likely than not be realized. In accordance with GAAP, we recognize the effect of uncertain income tax positions only if the positions are more likely than not of being sustained in an audit, based on the technical merits of the position. Recognized uncertain income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which those changes in judgment occur. We recognize both interest and penalties related to uncertain tax positions as part of the income tax provision.
Shipping and Handling	Shipping and Handling We expense all shipping and handling costs as incurred. These costs are included in cost of goods sold on the accompanying consolidated financial statements.
Deferred Offering Costs	Deferred Offering Costs The Company capitalizes certain legal, professional accounting and other third-party fees that are directly associated with in-process equity financings as deferred offering costs until such financings are consummated. After consummation of the equity financing, these costs are recorded in stockholders' deficit as a reduction of additional paid-in capital generated as a result of the offering. Should the planned equity financing be abandoned, the deferred offering costs will be expensed immediately as a charge to operating expenses in the consolidated statement of operations. In accordance with this policy, for the years ended December 31, 2019 and 2018, the Company expensed financing costs of $919,950 and $0, respectively.
Off-Balance Sheet Arrangements	Off-Balance Sheet Arrangements The Company has no off-balance sheet risk such as foreign exchange contracts, option contracts, or other hedging arrangements.
ASC 606, Revenue from Contracts with Customers	ASC 606, Revenue from Contracts with Customers On January 1, 2018, we adopted ASC 606 , Revenue from Contracts with Customers Revenue Recognition Under ASC 606, the Company recognizes revenue when the customer obtains control of promised products or services, in an amount that reflects the consideration which is expected to be received in exchange for those products or services. The Company recognizes revenue following the five-step model prescribed under ASC 606: (i) identify contract(s) with a customer; (ii) identify the performance obligation(s) in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligation(s) in the contract; and (v) recognize revenue when (or as) the Company satisfies a performance obligation. The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the products or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of ASC 606, the Company assesses the products or services promised within each contract and determines those that are performance obligations and assesses whether each promised product or service is distinct. The Company then recognizes as revenue the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. To the extent the transaction price includes variable consideration, we estimate the amount of variable consideration that should be included in the transaction price utilizing the expected value method. Variable consideration is included in the transaction price if, in our judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of our anticipated performance and all information (historical, current and forecasted) that is reasonably available. Sales, value add, and other taxes collected on behalf of third parties are excluded from revenue. For the years ended December 31, 2019 and 2018, none of our contracts with customers included variable consideration. Contracts that are modified to account for changes in contract specifications and requirements are assessed to determine if the modification either creates new or changes the existing enforceable rights and obligations. Generally, contract modifications are for products or services that are not distinct from the existing contract due to the inability to use, consume or sell the products or services on their own to generate economic benefits and are accounted for as if they were part of that existing contract. The effect of a contract modification on the transaction price and measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase in or a reduction of revenue) on a cumulative catch-up basis. For the years ended December 31, 2019 and 2018, there were no modifications to contract specifications. The Company is engaged in the development, marketing and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks. We generate revenue primarily from the sale of the FullMAX System and the delivery of related services. Product revenue is comprised of sales of the Company's software defined base station and remote radios, its network management and monitoring system, and accessories. The Company's software and hardware is sold with a limited one-year basic warranty included in the price. The limited one-year basic warranty is an assurance-type warranty, is not a separate performance obligation, and thus no transaction price is allocated to it. The nature of tasks under the limited one-year basic warranty only provide for remedying defective product(s) covered by the warranty. Product revenue is generally recognized when the customer obtains control of our product, which occurs at a point in time, and may be upon shipment or upon delivery based on the contractual shipping terms of a contract, or upon installation when the combined performance obligation is not distinct within the context of the contract. Service revenue is comprised of separately priced extended warranty sales, network support and maintenance, remote monitoring, as well as ancillary services directly related to the sale of the Company's wireless communications products including wireless network design, systems engineering, radio frequency planning, software configuration, product training, installation, and onsite support. The extended warranty sold by the Company provides a level of assurance beyond the coverage for defects that existed at the time of a sale or against certain types of covered damage. The extended warranty includes 1) factory hardware repair or replacement, at our election, of the base station and remote radios, 2) software upgrades, bug fixes and new features of the radio software and NMS, 3) deployment and network architecture support, and 4) technical support by phone and email. Extended warranty, network support and maintenance, and remote monitoring revenues are recognized ratably over the term of the service contract. Ancillary service revenues are recognized at the point in time when those services have been provided to the customer and the performance obligation has been satisfied. With respect to extended warranty sales and remote monitoring, the Company applies the input method using straight-line recognition. If the customer contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. We enter into certain contracts that have multiple performance obligations, one or more of which may be delivered subsequent to the delivery of other performance obligations. We allocate the transaction price based on the estimated relative standalone selling prices of the promised products or services underlying each performance obligation. We determine standalone selling prices based on the price at which the performance obligation is sold separately. If the standalone selling price is not observable through past transactions, we estimate the standalone selling price considering available information such as market conditions and internally approved pricing guidelines related to the performance obligations. Revenue is then allocated to the performance obligations using the relative selling prices of each of the performance obligations in the contract. Our payment terms vary and range from Net 15 to Net 30 days from the date of the invoices. Disaggregation of Revenue The following tables present our disaggregated revenues by Type of Revenue and Timing of Revenue. Years Ended December 31, 2019 2018 Type of Revenue Product revenue $ 212,905 $ 125,664 Service revenue 107,478 64,365 Total revenue $ 320,383 $ 190,029 Years Ended December 31, 2019 2018 Timing of Revenue Revenue recognized point in time $ 281,333 $ 147,863 Revenue recognized over time 39,050 42,166 Total revenue $ 320,383 $ 190,029 Contract Assets and Liabilities We recognize a receivable or contract asset when we perform a service or transfer a good in advance of receiving consideration. A receivable is recorded when our right to consideration is unconditional and only the passage of time is required before payment of that consideration is due. A contract asset is recorded when our right to consideration in exchange for good or services that we have transferred to a customer is conditional on something other than the passage of time. We did not have any contract assets recorded at December 31, 2019 and 2018. We recognize a contract liability when we receive consideration, or if we have the unconditional right to receive consideration, in advance of satisfying the performance obligation. A contract liability is our obligation to transfer goods or services to a customer for which we have received consideration, or an amount of consideration is due from the customer. The table below details the activity in our contract liabilities during the years ended December 31, 2019 and 2018, and the balance at the end of each year is reported as deferred revenue in the Company's consolidated balance sheet. Years Ended December 31, 2019 2018 Balance, beginning of year $ 20,631 $ 30,690 Additions 20,826 32,106 Transfer to revenue (39,050 ) (42,166 ) Balance, end of year $ 2,467 $ 20,631 Warranty Reserve We provide a limited one-year assurance-type warranty on our software and hardware products. The assurance-type warranty covers defects in material and wordsmanship only. If a warranted software or hardware component is determined to be defective after being tested by the Company, the Company will repair, replace or refund the price of the covered hardware and/or software to the customer (not including any shipping, handling, delivery or installation charges). We estimate, based upon a review of historical warranty claim experience, the costs that may be incurred under our warranties and record a liability in the amount of such estimate at the time a product is sold. Factors that affect our warranty liability include the number of units sold, historical and anticipated rates of warranty claims, and cost per claim. We periodically assess the adequacy of our recorded warranty liability and adjust the accrual as claims data and historical experience warrants. The Company has assessed the costs of fulfilling its existing assurance-type warranties and has determined that the estimated outstanding warranty obligation at December 31, 2019 and 2018 is immaterial to the Company's financial statements.
Accounting Standard Update 2016-02, Leases	Accounting Standard Update 2016-02, Leases Under Topic 842, operating lease expense is generally recognized evenly over the term of the lease. During 2019, the Company had operating leases primarily consisting of two office space leases in Sunnyvale, CA and one in Chengdu, Sichuan Province, People's Republic of China (the "Chengdu Lease"). Lease costs were approximately $475,000 for the year ended December 31, 2019. In December 2019, in conjunction with the closure of Ondas Networks Limited, the Chengdu Lease was terminated. Our remaining lease terms range from 12 to 14 months. There was no sublease rental income for the year ended December 31, 2019. In January 2020, the Company entered into a sublease rental agreement for one of its leases in Sunnyvale, CA. See NOTE 13 for further details. Leases with an initial term of twelve months or less are not recorded on the balance sheet. For lease agreements entered into or reassessed after the adoption of Topic 842, we combine the lease and non-lease components in determining the lease liabilities and right of use ("ROU") assets. Our lease agreements generally do not provide an implicit borrowing rate; therefore, an internal incremental borrowing rate is determined based on information available at lease commencement date for purposes of determining the present value of lease payments. We used the incremental borrowing rate on December 31, 2018 for all leases that commenced prior to that date. Lease Costs Year ended Components of total lease costs: Operating lease expense $ 593,707 Short-term lease costs (1) 46,575 Total lease costs $ 640,282 (1) Represents short-term leases which are immaterial. Lease Positions as of December 31, 2019 ROU lease assets and lease liabilities for our operating leases were recorded in the consolidated balance sheet as follows: As of Assets: Operating lease assets $ 331,419 Total lease assets $ 331,419 Liabilities: Operating lease liabilities, current $ 489,406 Operating lease liabilities, net of current 52,449 Total lease liabilities $ 541,855 Lease Terms and Discount Rate Weighted average remaining lease term (in years) – operating lease 1.1 Weighted average discount rate – operating lease 14 % Cash Flows Year ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 570,568 Undiscounted Cash Flows Future lease payments included in the measurement of lease liabilities on the consolidated balance sheet as of December 31, 2019, as follows: Years ending December 31, 2020 $ 531,166 2021 57,153 Thereafter - Total future minimum lease payments 588,319 Lease imputed interest (46,464 ) Total $ 541,855 In March 2019, one of our long-term operating leases was abandoned and the likelihood of entering into a sublease agreement for the property was minimal; therefore, the Right to Use Asset value of $259,962 was considered impaired and the amount was charged to asset impairment on the accompanying unaudited condensed consolidated financial statements.
Net Loss Per Common Share	Net Loss Per Common Share Net loss per share for all periods presented is based on the equity structure of the legal acquirer, which assumes common stock is outstanding and is reflected on a retrospective basis for all periods presented. Basic net loss per share is computed by dividing net loss by the weighted average shares of common stock outstanding for each period. Diluted net loss per share is the same as basic net loss per share since the Company has net losses for each period presented. The following potentially dilutive securities for the years ended December 31, 2019 and 2018 have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. Years Ended December 31, 2019 2018 Warrants to purchase common stock 4,771,417 - Options to purchase common stock 675,000 - Restricted stock purchase offers 383,478 - Convertible debt - 140,678 Total potentially dilutive securities 5,829,895 140,678
Debt Issuance Costs	Debt Issuance Costs Debt issuance costs represent costs incurred for the issuance of debt. Once the associated debt instrument is issued, these costs would be recorded as a debt discount and amortized using the effective interest method over the term of the related debt instrument. Upon abandonment of a pending financing transaction, the related deferred financing costs are charged to interest expense.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that potentially subject us to concentrations of credit risk consist of cash and accounts receivable. Cash is deposited with a limited number of financial institutions. The balances held at any one financial institution may be in excess of Federal Deposit Insurance Corporation (FDIC) insurance limits. Credit is extended to customers based on an evaluation of their financial condition and other factors. We generally do not require collateral or other security to support accounts receivable. We perform ongoing credit evaluations of our customers and maintain an allowance for doubtful accounts and sales credits.
Concentration of Customers	Concentration of Customers Because we have only recently invested in our customer service and support organization, a small number of customers have accounted for a substantial amount of our revenue. The table below sets forth the Company's customers that accounted for greater than 10% of its revenues for the years ended December 31, 2019 and 2018, respectively: Years Ended December 31, Customer 2019 2018 A 45 % 17 % B 18 % 76 % C 36 % 0 % 100% of the Company's accounts receivable balance at December 31, 2019 was held by a customer with less than 5% of the Company's revenue for the year ended December 31, 2019.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2018, the FASB Improvements to Nonemployee Share-Based Payment Accounting In July 2017, the FASB issued ASU 2017-11 ("ASU 2017-11"), Earnings Per Share ("Topic 260"), Distinguishing Liabilities from Equity Derivatives and Hedging In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230) In February 2016, the FASB issued ASU 2016-02, Leases In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The standard's core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under previous guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In July 2015, the FASB approved the proposal to defer the effective date of ASU 2014-09 standard by one year. In 2016, the FASB issued final amendments to clarify the implementation guidance for principal versus agent considerations (ASU 2016-08), accounting for licenses of intellectual property and identifying performance obligations (ASU 2016-10), narrow-scope improvements and practical expedients (ASU 2016-12) and technical corrections and improvements to Topic 606 (ASU 2016-20) in its new revenue standard. The guidance is effective for public entities for annual reporting periods beginning after December 15, 2017 and interim periods therein. Our services are performed over the term of our contracts and customers are billed for those services as they are performed on a monthly basis. Revenue is recognized each month for the services that have been provided to our customers. Additionally, we do not have significant exposure related to uncollectible accounts. We have performed a review of the requirements of the new revenue standard and have performed our analysis of our customer contracts on a portfolio basis (by each hospital group) utilizing the five-step model of the new standard. We have compared the results of our analysis to our current accounting practices. We adopted Topic 606 on January 1, 2018 using the full retrospective transition method for recognizing revenue. The adoption of Topic 606 represents a change in accounting principle that will more closely align revenue recognition with the delivery of our services to our customers and will provide financial statement readers with enhanced disclosures. The adoption of this standard did not have a material effect on the timing and recognition of revenue for the services provided to our customers.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In December 2019, the FASB issued ASU 2019-12, Income Taxes Simplifying the Accounting for Income Taxes In November 2019, the FASB issued ASU 2019-11, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, In August 2018, the FASB, issued ASU, 2018-13 that eliminates certain disclosure requirements for fair value measurements for all entities, requires public entities to disclose certain new information and modifies some disclosure requirements. The FASB developed the amendments to ASC 820 as part of its broader disclosure framework project, which aims to improve the effectiveness of disclosures in the notes to financial statements by focusing on requirements that clearly communicate the most important information to users of the financial statements. The new guidance is effective for all entities for fiscal years beginning after December 15, 2019 and for interim periods within those fiscal years. An entity is permitted to early adopt either the entire standard or only the provisions that eliminate or modify requirements. We are currently evaluating the effect of this guidance on our disclosures.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Tables)	Dec. 31, 2019
Accounting Policies [Abstract]
Schedule of inventory	Years Ended December 31, 2019 2018 Raw material $ 372,101 $ 307,947 Finished goods 55,415 39,998 Total inventory $ 427,516 $ 347,945
Schedule of changes in fair value associated with level 3 liabilities	Fair Value Measurements Using Significant Unobservable Inputs (Level 3) December 31, 2019 2018 Balance, beginning of period $ - $ (166,093 ) Issuances of derivative liability - - Reclassification to additional paid in capital - 1,141,995 Change in fair value of derivative liability - (975,902 ) Balance, end of period $ - $ -
Schedule of disaggregation of revenue	Years Ended December 31, 2019 2018 Type of Revenue Product revenue $ 212,905 $ 125,664 Service revenue 107,478 64,365 Total revenue $ 320,383 $ 190,029 Years Ended December 31, 2019 2018 Timing of Revenue Revenue recognized point in time $ 281,333 $ 147,863 Revenue recognized over time 39,050 42,166 Total revenue $ 320,383 $ 190,029
Schedule of deferred warranty activity	Years Ended December 31, 2019 2018 Balance, beginning of year $ 20,631 $ 30,690 Additions 20,826 32,106 Transfer to revenue (39,050 ) (42,166 ) Balance, end of year $ 2,467 $ 20,631
Schedule of lease costs	Year ended Components of total lease costs: Operating lease expense $ 593,707 Short-term lease costs (1) 46,575 Total lease costs $ 640,282 (1) Represents short-term leases which are immaterial.
Schedule of ROU lease assets and lease liabilities	As of Assets: Operating lease assets $ 331,419 Total lease assets $ 331,419 Liabilities: Operating lease liabilities, current $ 489,406 Operating lease liabilities, net of current 52,449 Total lease liabilities $ 541,855
Schedule of lease terms and discount rate	Weighted average remaining lease term (in years) – operating lease 1.1 Weighted average discount rate – operating lease 14 %
Schedule of cash paid for amounts included in the measurement of lease liabilities	Year ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 570,568
Schedule of future minimum lease payments	Years ending December 31, 2020 $ 531,166 2021 57,153 Thereafter - Total future minimum lease payments 588,319 Lease imputed interest (46,464 ) Total $ 541,855
Schedule of net loss per share	Years Ended December 31, 2019 2018 Warrants to purchase common stock 4,771,417 - Options to purchase common stock 675,000 - Restricted stock purchase offers 383,478 - Convertible debt - 140,678 Total potentially dilutive securities 5,829,895 140,678
Schedule of concentration of customers	Years Ended December 31, Customer 2019 2018 A 45 % 17 % B 18 % 76 % C 36 % 0 %

OTHER CURRENT ASSETS (Tables)

OTHER CURRENT ASSETS (Tables)	12 Months Ended
OTHER CURRENT ASSETS (Tables)	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of other current assets	Years Ended December 31, 2019 2018 Advances for raw material purchases $ 450,691 $ - Other prepaid expenses 105,013 40,654 Prepaid insurance 85,201 102,743 Prepaid marketing costs 31,579 125,525 Deposits 28,115 31,965 Miscellaneous receivables - 44,294 Prepaid financing costs - 188,300 Total other current assets $ 700,599 $ 533,481

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
PROPERTY AND EQUIPMENT (Tables)	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Years Ended December 31, 2019 2018 Leasehold improvements $ 58,613 $ 256,920 Vehicle 149,916 143,560 Furniture and fixtures 93,464 132,088 Test equipment 20,493 - Computer equipment 109,509 87,087 Software 67,287 61,287 499,282 680,942 Less: accumulated depreciation (247,036 ) (178,796 ) Total property and equipment $ 252,246 $ 502,146

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
INTANGIBLE ASSETS (Tables)	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of estimated amortization expense	Year Ending December 31, Estimated Amortization 2020 $ 1,252 2021 $ 1,252 2022 $ 1,252 2023 $ 1,252 2024 $ 1,252

ACCRUED EXPENSES AND OTHER CU_2

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	12 Months Ended
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	Dec. 31, 2019
Payables and Accruals [Abstract]
Schedule of accrued expenses and other current liabilities	Years Ended December 31, 2019 2018 Accrued payroll and other benefits $ 2,094,536 $ 1,659,577 Accrued interest 437,569 138,605 Deferred revenue 378,850 20,631 Accrued professional fees 104,602 126,384 Other accrued expenses 67,848 - D&O insurance financing payable 33,660 52,530 Accrued rent and facilities costs 24,584 160,544 Accrued travel and entertainment - 30,000 Total accrued expenses and other current liabilities $ 3,141,649 $ 2,188,271

NOTES PAYABLE AND OTHER FINAN_2

NOTES PAYABLE AND OTHER FINANCING AGREEMENTS (Tables)	12 Months Ended
NOTES PAYABLE AND OTHER FINANCING AGREEMENTS (Tables)	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of notes payable	Years Ended December 31, 2019 2018 Short Term: Loan Agreements $ - $ 1,178,670 Financing Agreement - 1,360,516 Promissory Notes - 1,343,682 $ - $ 3,882,868 Long Term: Promissory Note $ 239,921 $ - Convertible Promissory Note 300,000 300,000 $ 539,921 $ 300,000

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
STOCKHOLDERS' EQUITY (Tables)	Dec. 31, 2019
Equity [Abstract]
Schedule of net proceeds of the Offering	Gross Proceeds: Initial Closing $ 6,065,000 Second Closing 515,000 Third Closing 634,000 7,214,000 Offering Costs: Placement Agent fees (721,400 ) Other offering costs (382,878 ) Net Proceeds $ 6,109,722
Schedule of warrants to purchase common stock	Stock price $ 2.50 Risk-free interest rate 1.58-1.63 % Volatility 38.50-39.57 % Expected life in years 3-5 Dividend yield 0.00 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	Years Ended December 31, 2019 2018 Deferred Tax Assets: Tax benefit of net operating loss carry-forward $ 11,828,268 $ 6,465,826 Depreciation and amortization 27,949 (5,102 ) Accrued liabilities 360,204 261,876 Stock based compensation 34,493 - Interest Expense - 740,285 R&D Credit 851,413 393,165 Total deferred tax assets 13,102,327 7,856,050 Valuation allowance for deferred tax assets (13,102,327 ) (7,856,050 ) Deferred tax assets, net of valuation allowance $ - $ -
Summary of Valuation Allowance	Years Ended December 31, 2019 2018 Beginning of the year $ 7,856,050 $ 4,726,411 Change in valuation account 5,246,277 3,129,639 End of the year $ 13,102,327 $ 7,856,050
Schedule of Effective Income Tax Rate Reconciliation	Years Ended December 31, 2018 2018 U.S. federal statutory rate (21.0 )% (21.0 )% Federal true ups 0.8 % State taxes, net of federal benefit (6.2 )% (6.9 )% Share-based compensation - % - % Effect of U.S. tax law change - % - % Change in valuation allowance 27.1 % 25.8 % Nondeductible expenses 0.5 % 2.0 % R&D credit (2.4 )% (3.2 )% Stock Options - % 3.3 % Foreign rate differential (0.2 )% China liquidation 1.4 % Effective income tax rate - % - %

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Dec. 31, 2019
North Pastoria Lease [Member]
Schedule of future minimum lease payments	Year Ending December 31, 2020 North Pastoria Lease $ 182,772 Sublease (see NOTE 13) (106,323 ) Net payments in 2020 $ 76,449
Gibraltar Sublease [Member]
Schedule of future minimum lease payments	Years Ending December 31, 2020 $ 342,924 2021 $ 57,154

DESCRIPTION OF BUSINESS AND B_2

DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Details Narrative) - USD ($)	Aug. 30, 2019	Dec. 31, 2019	Dec. 15, 2019	Dec. 31, 2018	Oct. 04, 2018	Sep. 28, 2018
Common stock, par value (in dollars per share)		$ 0.0001		$ 0.0001		$ 0.0001
Ownership percentage		100.00%
Authorized Capital						360,000,000
Common stock, authorized		350,000,000		350,000,000
Preferred stock, par value (in dollar pers share)		$ 0.0001		$ 0.0001
Preferred stock, authorized		10,000,000		10,000,000
Aggregate principal amount		$ 10,000,000
Accumulated deficit		(51,771,667)		$ (32,381,535)
Short-term borrowings outstanding		10,100,000
Long-term borrowings outstanding		500,000
Working capital deficit		12,500,000
Cash		$ 2,200,000
Common stock, issued		59,268,085	120,000	50,463,732
Loan And Security Agreement [Member] \| Energy Capital [Member]
Aggregate principal amount		$ 10,000,000			$ 10,000,000
Ondas Networks Share [Member]
Common stock, par value (in dollars per share)						$ 0.00001
Conversion of shares		3.823
Ondas Networks Share [Member] \| First Amendment To Lock-Up Agreements [Member]
Common stock, issued	24,428,681
Percentage of common stock outstanding	41.00%
Description of amendment revised terms	The Amendment revised the terms of the Lock-Up Agreements to extend the lock-up period an additional twelve months to September 28, 2020 and eliminated the 12-month limited sale period)
Common Stock Repurchase Agreement [Member]
Number of shares repurchased		32,600,000
Consideration of shares repurchased		$ 3,260
Employee [Member] \| 2018 Equity Incentive Plan [Member]
Common stock reserved for issuance to employees		$ 10,000,000

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Raw material	$ 372,101	$ 307,947
Finished goods	55,415	39,998
Total inventory	$ 427,516	$ 347,945

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Balance, beginning of period		$ (166,093)
Issuances of derivative liability
Reclassification to additional paid in capital		1,141,995
Change in fair value of derivative liability		(975,902)
Balance, end of period

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Revenues	$ 320,383	$ 190,029
Revenue recognized point in time [Member]
Revenues	281,333	147,863
Revenue recognized over time [Member]
Revenues	39,050	42,166
Product revenue [Member]
Revenues	212,905	125,664
Service revenue [Member]
Revenues	$ 107,478	$ 64,365

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 3) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Balance, beginning of year	$ 20,631	$ 30,690
Additions	20,826	32,106
Transfer to revenue	(39,050)	(42,166)
Balance, end of year	$ 2,467	$ 20,631

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 4)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 4)	Dec. 31, 2019USD ($)
Components of total lease costs:
Operating lease expense	$ 593,707
Short-term lease costs	46,575	[1]
Total lease costs	$ 640,282

[1]	Represents short-term leases which are immaterial.

SUMMARY OF SIGNIFICANT ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 5) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets:
Operating lease assets, net of current	$ 331,419
Liabilities:
Operating lease liabilities, current	489,407
Operating lease liabilities, net of current	52,449
Operating Leases [Member]
Assets:
Operating lease assets, current	280,354
Operating lease assets, net of current	51,065
Total lease assets	331,419
Liabilities:
Operating lease liabilities, current	489,406
Operating lease liabilities, net of current	52,449
Total lease liabilities	$ 541,855

SUMMARY OF SIGNIFICANT ACCOU_10

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 6)	Dec. 31, 2019
Accounting Policies [Abstract]
Weighted average remaining lease term (in years) - operating lease	1 year 1 month 6 days
Weighted average discount rate - operating lease	14.00%

SUMMARY OF SIGNIFICANT ACCOU_11

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 7)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 7)	Dec. 31, 2019USD ($)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$ 570,568

SUMMARY OF SIGNIFICANT ACCOU_12

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 8)	Dec. 31, 2019USD ($)
Accounting Policies [Abstract]
2020	$ 531,166
2021	57,153
Thereafter
Total future minimum lease payments	588,319
Lease imputed interest	(46,464)
Total	$ 541,855

SUMMARY OF SIGNIFICANT ACCOU_13

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 9) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Total potentially dilutive securities	5,829,895	140,678
Warrants to purchase common stock [Member]
Total potentially dilutive securities	4,771,417
Options to purchase common stock [Member]
Total potentially dilutive securities	675,000
Restricted stock purchase offers [Member]
Total potentially dilutive securities	383,478
Convertible Debt [Member]
Total potentially dilutive securities		140,678

SUMMARY OF SIGNIFICANT ACCOU_14

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 10)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details 10)	Dec. 31, 2019	Dec. 31, 2018
A Customer [Member]
Concentration Percentage	45.00%	17.00%
B Customer [Member]
Concentration Percentage	18.00%	76.00%
C Customer [Member]
Concentration Percentage	36.00%	0.00%

SUMMARY OF SIGNIFICANT ACCOU_15

SUMMARY OF SIGNIFICANT ACCOUNT POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Expensed financing costs	$ 919,950	$ 0
Lease cost	$ 475,000
Patent useful life	20 years
Income taxes, percentage	50.00%
Revenues, percentage	10.00%	10.00%
Right to Use Asset value	$ 259,962
Accounts Receivable [Member]
Concentration Percentage	100.00%
Customer [Member]
Concentration Percentage	5.00%
Minimum [Member]
Lease Term	12 months
Payment term	P15D
Maximum [Member]
Lease Term	14 months
Payment term	P30D

OTHER CURRENT ASSETS (Details)

OTHER CURRENT ASSETS (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Advances for raw material purchases	$ 450,691
Other prepaid expenses	105,013	40,654
Prepaid insurance	85,201	102,743
Prepaid marketing costs	31,579	125,525
Deposits	28,115	31,965
Miscellaneous receivables		44,294
Prepaid financing costs		188,300
Total other current assets	$ 700,599	$ 533,481

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
PROPERTY AND EQUIPMENT GROSS	$ 499,282	$ 680,942
Less: accumulated depreciation	(247,036)	(178,796)
Total property and equipment	252,246	502,146
Leasehold Improvements [Member]
PROPERTY AND EQUIPMENT GROSS	58,613	256,920
Vehicle [Member]
PROPERTY AND EQUIPMENT GROSS	149,916	143,560
Furniture and Fixtures [Member]
PROPERTY AND EQUIPMENT GROSS	93,464	132,088
Test Equipment [Member]
PROPERTY AND EQUIPMENT GROSS	20,493
Computer Equipment [Member]
PROPERTY AND EQUIPMENT GROSS	109,509	87,087
Software [Member]
PROPERTY AND EQUIPMENT GROSS	$ 67,287	$ 61,287

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	12 Months Ended
PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 143,459	$ 54,946

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details)	Dec. 31, 2019USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 1,252
2021	1,252
2022	1,252
2023	1,252
2024	$ 1,252

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	12 Months Ended
INTANGIBLE ASSETS (Details Narrative) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Patent costs	$ 127,593	$ 53,482
Amortization of patent costs	$ 1,249	$ 194

ACCRUED EXPENSES AND OTHER CU_3

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Payables and Accruals [Abstract]
Accrued payroll and other benefits	$ 2,094,536	$ 1,659,577
Accrued interest	437,569	138,605
Deferred revenue	2,467	20,631	$ 30,690
Accrued professional fees	104,602	126,384
Other accrued expenses	67,848
D&O insurance financing payable	33,660	52,530
Accrued rent and facilities costs	24,584	160,544
Accrued travel and entertainment		30,000
Total accrued expenses and other current liabilities	$ 3,141,649	$ 2,188,271

NOTES PAYABLE AND OTHER FINAN_3

NOTES PAYABLE AND OTHER FINANCING AGREEMENTS (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Notes payable curent		$ 3,882,868
Notes payable noncurent	539,921	300,000
Loan Agreements [Member]
Notes payable curent		1,178,670
Financing Agreement [Member]
Notes payable curent		1,360,516
Promissory Notes [Member]
Notes payable curent		1,343,682
Promissory Notes [Member]
Notes payable noncurent	239,921
Convertible Promissory Notes [Member]
Notes payable noncurent	$ 300,000	$ 300,000

NOTES PAYABLE AND OTHER FINAN_4

NOTES PAYABLE AND OTHER FINANCING AGREEMENTS (Details Narrative) - USD ($)	Oct. 31, 2019	Sep. 27, 2019	Sep. 06, 2019	Sep. 28, 2018	Jul. 11, 2018	Apr. 13, 2018	Dec. 14, 2015	Nov. 30, 2016	Dec. 31, 2015	Apr. 30, 2015	Feb. 28, 2015	Feb. 28, 2014	Dec. 31, 2013	Oct. 31, 2007	Jul. 31, 2016	Jan. 31, 2015	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jul. 31, 2019	Dec. 31, 2016	Nov. 30, 2014
Principal and interest																	$ 437,569	$ 138,605
Notes payable noncurent																	539,921	300,000
Loss on extinguishment of debt					$ 44,348													(44,353)
Reclassification of derivative liability to additional paid in capital					$ 1,141,995
Convertible Promissory Notes [Member]
Number of shares converted				2,017,402
Notes payable noncurent																	300,000	300,000
Convertible Promissory Notes [Member] \| Common Stock [Member]
Number of warrants to purchase common stock		140,678
Debt Agreements and Promissory Notes [Member] \| Minimum [Member]
Equity offering amount	$ 8,000,000		$ 5,000,000
Loan Agreements [Member] \| October 2007 Note [Member]
Original principal amount														$ 550,000
Interest rate														6.00%
Maturity date														Sep. 27, 2019
Lender exchanged		$ 610,346																567,310
Principal and interest		244,139
Loan Agreements [Member] \| December 2013 Note [Member]
Original principal amount													$ 250,000
Repayment of note payable											$ 25,000
Interest rate													10.00%
Lender exchanged																		285,679
Loan Agreements [Member] \| November 2014 Note [Member]
Original principal amount																						$ 210,000
Lender exchanged		586,181																259,170
Principal and interest		234,473
Loan Agreements [Member] \| April 2015 Note [Member]
Original principal amount										$ 50,000
Interest rate										10.00%
Maturity date										Sep. 30, 2019
Lender exchanged		71,556																66,511
Principal and interest		28,623
Financing Agreement [Member]
Original principal amount																$ 660,000
Repayment of note payable																$ 285,000
Accrued interest, description												Interest on the Financing Agreement accrued at 30% per annum for the first 104 days and at 51% per annum thereafter.
Financing Agreement [Member] \| November 2016 Note [Member]
Original principal amount								$ 250,000
Interest rate								20.00%
Maturity date								Sep. 27, 2019
Lender exchanged																		319,530
Financing Agreement [Member] \| December 2016 Note [Member]
Original principal amount																					$ 100,000
Lender exchanged		433,131																113,601
Principal and interest		173,252
Financing Agreement [Member] \| February 2014 Note [Member]
Lender exchanged		1,030,593																957,925
Principal and interest		412,238
Promissory Notes [Member] \| Private Placement Notes [Member]
Repayment of note payable																			$ 25,000
Accrued and unpaid interest transfer to principal																				$ 1,983
Lender exchanged																	$ 239,921	$ 1,343,682
Principal and interest		1,201,960
Accrued interest paid		$ 480,786
Sale of Private Placement Notes							$ 750,000		$ 325,000						$ 925,000
Warrants issued															231,250
Initial public offering, description							Ondas Networks approved a private placement offering ("Private Placement") seeking to sell to investors certain 10% promissory notes in the aggregate face amount of $750,000, which amount was later increased to $1,250,000, with a term of 18 months ("Private Placement Notes"). In connection with the Private Placement Notes, each investor (the "Private Placement Noteholders") received warrants to purchase shares of common stock of Ondas Networks ("Private Placement Warrants"), equal to 25% of the principal amount of the Private Placement Notes, exercisable at the lower of (i) $2.00 per share or (ii) 40% of the selling price of Ondas Networks' shares in its proposed initial public offering.
Strike price of warrants									$ 2						$ 2
Fair value of warrants									$ 63,398						$ 168,678
Number of warrants surrenderd						312,500			81,250

SECURED PROMISSORY NOTES (Detai

SECURED PROMISSORY NOTES (Details Narartive) - USD ($)

Apr. 02, 2019

Oct. 09, 2018

Mar. 09, 2018

Oct. 16, 2017

Dec. 31, 2019

Oct. 28, 2019

Jan. 29, 2019

Dec. 31, 2019

Dec. 15, 2019

Dec. 31, 2018

Dec. 15, 2018

Oct. 04, 2018

Aggregate principal amount

$ 10,000,000

Debt discount

252,933

Accreted costs

359,828

Accrued interest

$ 437,569

Common stock share value

59,268,085

120,000

50,463,732

Common stock issued

$ 5,927

$ 5,046

Agreement, description

The Company extended the lease agreement for an additional three years with an expiration date of December 31, 2020 ("2018 Extension"). On January 24, 2020, the Company and a third party (the "Sublessee") entered a Sublease agreement (the "Sublease"), wherein the Sublessee will occupy the premises for the remainder of the term of the 2018 Extension. The Sublessee will make payments total $106,323 ($9,666 per month) for the remaining 11 months.

Secured Term Promissory Note [Member]

Aggregate principal amount

$ 10,563,104

Units outstanding

4,225,242

Steward Capital Holdings LP [Member]

Maturity date

Sep. 30,
2020

Common stock share value

120,000

Common stock issued

$ 300,000

Agreement, description

On October 28, 2019, Company and Steward Capital entered into a letter of agreement (the “Second Amendment”) to amend the Agreement, as amended wherein the parties agreed to (i) extend and amend the due date for all accrued and unpaid interest starting September 2, 2019 to the Maturity Date (September 9, 2020) and (ii) extend and amend the due date for the 3% fee payable to Steward Capital in connection with the amendment and waiver dated June 2019 to be payable on the Maturity Date.

First Amendment to Loan and Security Agreement | Energy Capital [Member]

Maturity date

Sep. 30,
2020

Advance description

Increase the amount of the Advance from up to $1,000,000 a month to up to $1,500,000 a month

Loan And Security Agreement [Member] | Energy Capital [Member]

Line of credit interest rate description

11.25% plus the Prime Rate (as published by the Wall Street Journal (National Edition)), less 3.25%

Aggregate principal amount

$ 10,000,000

Secured term promissory note

10,000,000

$ 10,000,000

Effective interest rate

11.25%

Proceeds from capital raise

$ 20,000,000

Loan And Security Agreement [Member] | Steward Capital Holdings LP [Member] | Second Secured Term Promissory Note [Member]

Line of credit interest rate description

11.25% plus the Prime Rate, less, 3.25%

Aggregate principal amount

$ 10,000,000

Secured term promissory note

5,000,000

Funding in loan facility charges

$ 50,000

Effective interest rate

11.25%

Maturity date

Apr. 9,
2020

Loan And Security Agreement [Member] | Steward Capital Holdings LP [Member] | Secured Term Promissory Note [Member]

Line of credit interest rate description

11.25% plus the Prime Rate, less, 3.25%

Aggregate principal amount

$ 10,000,000

Secured term promissory note

5,000,000

Payment of loan commitment fees

25,000

Funding in loan facility charges

$ 100,000

Effective interest rate

11.25%

Debt discount

$ 50,000

Loan And Security Agreement [Member] | Steward Capital Holdings LP [Member] | Secured Term Promissory Note [Member] | Share-based Compensation Award, Tranche One [Member]

Maturity date

Sep. 9,
2019

Accreted costs

$ 250,000

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details)	12 Months Ended
STOCKHOLDERS' EQUITY (Details)	Dec. 31, 2019USD ($)
Gross Proceeds:
Initial Closing	$ 6,065,000
Second Closing	515,000
Third Closing	634,000
Total	7,214,000
Offering Costs:
Placement Agent fees	(721,400)
Other offering costs	(382,878)
Net Proceeds	$ 6,109,722

STOCKHOLDERS' EQUITY (Details 1

STOCKHOLDERS' EQUITY (Details 1) - Warrant [Member]	Dec. 31, 2019
Warrant Term	2 years 29 days
Stock price [Member]
Warrant measurement input	2.50
Risk-free interest rate [Member] \| Minimum [Member]
Warrant measurement input	1.58
Risk-free interest rate [Member] \| Maximum [Member]
Warrant measurement input	1.63
Volatility [Member] \| Minimum [Member]
Warrant measurement input	38.50
Volatility [Member] \| Maximum [Member]
Warrant measurement input	39.57
Expected life in years [Member] \| Minimum [Member]
Warrant Term	3 years
Expected life in years [Member] \| Maximum [Member]
Warrant Term	5 years
Dividend yield [Member]
Warrant measurement input	0

STOCKHOLDERS' EQUITY (Details N

STOCKHOLDERS' EQUITY (Details Narrative)	Sep. 27, 2019USD ($)$ / sharesshares	Nov. 27, 2019USD ($)$ / sharesshares	Oct. 30, 2019USD ($)$ / sharesshares	Aug. 31, 2019USD ($)	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares	Dec. 15, 2019shares	Sep. 28, 2018$ / shares
Preferred stock, authorized \| shares					10,000,000	10,000,000
Preferred stock, par value (in dollar pers share) \| $ / shares					$ 0.0001	$ 0.0001
Preferred stock, issued \| shares					0
Preferred stock, outstanding \| shares					0
Common stock, authorized \| shares					350,000,000	350,000,000
Common stock, par value (in dollars per share) \| $ / shares					$ 0.0001	$ 0.0001		$ 0.0001
Common stock, issued \| shares					59,268,085	50,463,732	120,000
Common stock, outstanding \| shares					59,268,085	50,463,732
Gross proceeds from second closing					$ 515,000
Gross proceeds from third closing					634,000
Stock compensation expense					$ 938,052
Warrant [Member]
Exercise price of warrants (in dollars per share) \| $ / shares					$ 3.15
Weighted-average contractual remaining life					2 years 29 days
Warrant [Member] \| Minimum [Member]
Exercise price of warrants (in dollars per share) \| $ / shares					$ 0.01
Warrant [Member] \| Maximum [Member]
Exercise price of warrants (in dollars per share) \| $ / shares					$ 3.25
Restricted Stock Units (RSUs) [Member]
Stock compensation expense					$ 435,312
Incentive stock options with deferred distribution				$ 675,000
2018 Equity Incentive Plan [Member] \| Restricted Stock Units (RSUs) [Member]
Non-vested restricted units awarded \| shares					143,804
Weighted average grant-date fair value \| $ / shares					$ 0.25
Weighted average vesting period					2 years
Unrecognized compensation expense					$ 42,759
Weighted average period					9 months
Employee [Member] \| 2018 Equity Incentive Plan [Member]
Common stock reserved for issuance to employees					$ 10,000,000
Employee [Member] \| 2018 Equity Incentive Plan [Member] \| Restricted Stock Units (RSUs) [Member]
Stock awards \| shares						408,478
Stock compensation expense					71,789
Consultant [Member] \| 2018 Equity Incentive Plan [Member] \| Restricted Stock Units (RSUs) [Member]
Stock awards \| shares						378,478
Stock compensation expense					$ 50,599
Other Financing Agreements [Member] \| Convertible Notes Payable [Member]
Debt principal and interest outstanding amount	$ 3,933,767
Number of equity instruments convertible	1,573,511
Securities Purchase Agreement [Member] \| Warrant [Member]
Number of warrants to purchase \| shares	4,495,657	152,160	123,600
Exercise price of warrants (in dollars per share) \| $ / shares	$ 0.33	$ 0.34	$ 0.35
Weighted-average contractual remaining life	3 years	3 years	3 years
Securities Purchase Agreement [Member] \| Investor [Member]
Number of shares issued \| shares	2,426,000
Gross proceeds from initial closing	$ 6,065,000
Gross proceeds from second closing			$ 206,000
Net proceeds from second closing			$ 515,000
Gross proceeds from third closing		$ 253,600
Net proceeds from third closing		$ 634,000
Securities Purchase Agreement [Member] \| Investor [Member] \| Over-Allotment Option [Member]
Proceeds from sale of units	12,500,000
Proceeds from sale of additional units	$ 2,500,000
Purchase price per share (in dollars per share) \| $ / shares	$ 2.50
Description of transaction	Each Unit consists of one share of Common Stock and one-half of one warrant to purchase one share of Common Stock at an exercise price of $3.25 per share for a period commencing six months and ending 36 months after the closing date (the “Investor Warrants”).
Number of shares issued \| shares	400,000
Gross proceeds from initial closing	$ 1,000,000
Securities Purchase Agreement [Member] \| Mr. Eric Brock [Member]
Number of shares issued \| shares					400,000
Gross proceeds from initial closing					$ 1,000,000
Securities Purchase Agreement [Member] \| Placement Agent [Member]
Aggregate cash fee	721,400
Reimbursement of transaction expenses	$ 40,000
Number of warrants to purchase \| shares	288,560
Exercise price of warrants (in dollars per share) \| $ / shares	$ 3.25
Securities Purchase Agreement [Member] \| Individual Lender [Member] \| Warrant [Member]
Number of warrants to purchase \| shares	140,678
Exercise price of warrants (in dollars per share) \| $ / shares	$ 2.49
Maturity date	Sep. 26, 2024
Registration Rights Agreement [Member] \| Investor [Member]
Description of liquidated damages payable	The amount of liquidated damages payable to an Investor is 1.0% of the aggregate amount invested by such Investor for each 30-day period, or pro rata portion thereof, during which the default continues. To date the Company has paid $60,650 and accrued $19,053 in liquidated damages.
Loan And Security Agreement [Member] \| Energy Capital [Member] \| Greater Than Five Percent Stockholder [Member]
Debt principal and interest outstanding amount	$ 10,563,104
Number of equity instruments convertible	4,225,242

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Deferred Tax Assets:
Tax benefit of net operating loss carry-forward	$ 11,828,268	$ 6,465,826
Depreciation and amortization	27,949	(5,102)
Accrued liabilities	360,204	261,876
Stock based compensation	34,493
Interest Expense		740,285
R&D Credit	851,413	393,165
Total deferred tax assets	13,102,327	7,856,050
Valuation allowance for deferred tax assets	(13,102,327)	(7,856,050)
Deferred tax assets, net of valuation allowance

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	12 Months Ended
INCOME TAXES (Details 1) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Beginning of the year	$ 7,856,050	$ 4,726,411
Change in valuation account	5,246,277	3,129,639
End of the year	$ 13,102,327	$ 7,856,050

INCOME TAXES (Details 2)

INCOME TAXES (Details 2)	12 Months Ended
INCOME TAXES (Details 2)	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
U.S. federal statutory rate	0.21%	0.21%
Federal true ups	0.80%
State taxes, net of federal benefit	(6.20%)	(6.90%)
Share-based compensation
Effect of U.S. tax law change	(0.00%)	(0.00%)
Nondeductible expenses	0.50%	2.00%
R&D credit	2.40%	3.20%
Stock Options		3.30%
Foreign rate differential	0.20%
China liquidation	1.40%
Effective income tax rate

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
INCOME TAXES (Details Narrative) - USD ($)	Dec. 22, 2017	Dec. 31, 2019	Dec. 31, 2018
INCOME TAXES (Textual)
Expiration Description		The Company had approximately $42 million and $23 million respectively of Federal and state NOLs available to offset future taxable income with $23 million expiring from 2030 through 2037 while the Federal NOL of $17 Million generated in 2019 has no expiration.
Operating loss carryforwards		$ 42,000,000	$ 23,000,000
Federal research and development credits		$ 851,000	$ 393,000
Tax loss carryforwards, expire period		Dec. 31, 2039
U.S. federal statutory rate		0.21%	0.21%
Corporate income tax rate	Among other things, the Tax Cuts and Jobs Act (i) reduces the U.S. corporate income tax rate from 35% to 21% beginning in 2018, (ii) generally will limit annual deductions for net interest expense to no more than 30% of our "adjusted taxable income," plus 100% of our business interest income for the year, and (iii) will permit a taxpayer to offset only 80% (rather than 100%) of its taxable income with any U.S. net operating losses ("NOLs") generated for taxable years beginning after 2017.

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Details)	Dec. 31, 2019USD ($)
Net payments in 2020	$ 475,000
2020	531,166
2021	57,153
North Pastoria Lease [Member]
North Pastoria Lease	182,772
Sublease (see NOTE 13)	(106,323)
Net payments in 2020	76,449
Gibraltar Sublease [Member]
2020	342,924
2021	$ 57,154

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES (Details Narrative)	Oct. 16, 2017USD ($)	Nov. 11, 2013USD ($)ft²	Oct. 30, 2018ft²	Dec. 31, 2017USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Feb. 28, 2021USD ($)
COMMITMENTS AND CONTINGENCIES (Textual)
Rent expenses					$ 593,707
Sublease began			Nov. 1, 2018
Sublease end			Feb. 28, 2021
Subsequent Event [Member]
COMMITMENTS AND CONTINGENCIES (Textual)
Security deposit							$ 28,577
Lease Agreements [Member]
COMMITMENTS AND CONTINGENCIES (Textual)
Lease Term		3 years
Area of square feet \| ft²		5,858
Expiration date	Dec. 31, 2020
Base rent for 2018	$ 15,231	$ 15,231
Base rent for 2020	$ 15,231	$ 15,231
Minimum [Member]
COMMITMENTS AND CONTINGENCIES (Textual)
Lease Term					12 months
Maximum [Member]
COMMITMENTS AND CONTINGENCIES (Textual)
Lease Term					14 months
687 North Pastoria Avenue, Sunnyvale, California [Member] \| Minimum [Member]
COMMITMENTS AND CONTINGENCIES (Textual)
Base rent				$ 2,929
687 North Pastoria Avenue, Sunnyvale, California [Member] \| Maximum [Member]
COMMITMENTS AND CONTINGENCIES (Textual)
Base rent				$ 9,079
North Pastoria Lease [Member]
COMMITMENTS AND CONTINGENCIES (Textual)
Rent expenses					$ 170,148	$ 170,151
Gibraltar Sublease [Member]
COMMITMENTS AND CONTINGENCIES (Textual)
Area of square feet \| ft²			21,982
Rent expenses					$ 312,301	$ 52,050

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative)	12 Months Ended
RELATED PARTY TRANSACTIONS (Details Narrative)	Dec. 31, 2019USD ($)shares
Loan And Security Agreement [Member] \| Energy Capital [Member]
Aggregate principal amount	$ 10,000,000
Loan And Security Agreement [Member] \| Energy Capital [Member] \| Convertible Promissory Notes [Member]
Aggregate principal amount	$ 10,563,104
Units outstanding \| shares	4,225,242
Securities Purchase Agreement [Member] \| Mr. Eric Brock [Member]
Number of units purchased \| shares	400,000
Units purchased amount	$ 1,000,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Oct. 16, 2017	Mar. 12, 2020	Jan. 24, 2020	Dec. 31, 2019
Sublessee payment,term	11 months
Agreement,description	The Company extended the lease agreement for an additional three years with an expiration date of December 31, 2020 ("2018 Extension"). On January 24, 2020, the Company and a third party (the "Sublessee") entered a Sublease agreement (the "Sublease"), wherein the Sublessee will occupy the premises for the remainder of the term of the 2018 Extension. The Sublessee will make payments total $106,323 ($9,666 per month) for the remaining 11 months.
Subsequent Event [Member]
Total Sublessee payment			$ 106,323
Brock [Member]
Accrued salary				$ 141,667
Brock [Member] \| Subsequent Event [Member]
Accrued salary		$ 141,667
Stewart Kantor [Member] \| Subsequent Event [Member]
Accrued salary		$ 8,334