How did ONDS's revenue and expenses trend in Q4 2024?

Ondas Holdings (ONDS) experienced a decline in revenue and incurred significant expenses in Q4 2024, resulting in a negative net income.

1. **Revenue Trend**: The total revenue for ONDS in Q4 2024 was $4.13 million, representing a year-over-year growth rate of -0.17%. This indicates a slight decrease in revenue compared to the same period the previous year.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|ONDS|ONDS.O|Ondas Holdings|2024 Q1|-75.92406907419941|625009|186|
|ONDS|ONDS.O|Ondas Holdings|2024 Q2|-82.48569564546412|957851|186|
|ONDS|ONDS.O|Ondas Holdings|2024 Q3|-44.43953339161561|1480792|186|
|ONDS|ONDS.O|Ondas Holdings|2024 Q4|-16.774746864975505|4129042|186|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ONDS|ONDS.O|Ondas Holdings|2024 Q1|31.67964334254709|-9876084|186|
|ONDS|ONDS.O|Ondas Holdings|2024 Q2|7.684119129912349|-8269736|186|
|ONDS|ONDS.O|Ondas Holdings|2024 Q3|-30.63173049537049|-9526268|186|
|ONDS|ONDS.O|Ondas Holdings|2024 Q4|26.898407174483445|-1.0335669E7|186|

2. **Expense Trend**: The total expenses for ONDS in Q4 2024 were not provided; however, the net income was -$10.34 million. This negative net income suggests that the expenses were greater than the revenue during the quarter.
3. **Net Income**: The net income of -$10.34 million reflects that ONDS incurred more expenses than it generated in revenue during Q4 2024. This negative net income indicates financial losses for the company during the period.

In conclusion, ONDS faced a challenging quarter in Q4 2024, with revenue declining slightly and expenses exceeding revenue, resulting in a substantial negative net income.