v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 2,016 $ 2,435 $ 7,177 $ 7,660
Cost of Revenues 451 756 1,632 2,409
Gross Profit 1,565 1,679 5,545 5,251
Operating Expenses        
Research and development 2,347 2,136 6,380 6,713
Sales and marketing 1,149 1,036 3,506 2,960
General and administrative 3,747 3,573 13,596 12,705
Acquisition-related costs 1,656 2 2,343 254
Transaction costs 1,527 0 2,970 0
Impairment of goodwill 0 0 0 2,030
Amortization of intangibles 221 395 671 1,137
Total Operating Expenses 10,647 7,142 29,466 25,799
Loss from Operations (9,082) (5,463) (23,921) (20,548)
Other (Expense)/Income        
Interest expense, net (818) (234) (4,300) (65)
Other income/(expense), net (44) 830 1,169 802
Unrealized gain/(loss) on equity securities 5,791 (5,854) 5,733 (7,110)
Realized loss on equity securities (6,692) (151) (6,692) (151)
Total Other Expense (1,763) (5,409) (4,090) (6,524)
Net Loss from Continuing Operations, before tax (10,845) (10,872) (28,011) (27,072)
Income tax provision (3) 0 (2,488) (22)
Net Loss from Continuing Operations (10,848) (10,872) (30,499) (27,094)
Loss from Discontinued Operations, Net of Tax 0 (7,121) (4,856) (22,786)
Net Loss (10,848) (17,993) (35,355) (49,880)
Net Loss Attributable to Non-controlling Interest (464) (402) (1,131) (1,206)
Net Loss Attributable to Stockholders of Inpixon (10,384) (17,591) (34,224) (48,674)
Net Loss Attributable to Common Stockholders, Basic (10,384) (22,631) (34,224) (64,850)
Net Loss Attributable to Common Stockholders, Diluted $ (10,384) $ (22,631) $ (34,224) $ (64,850)
Net Loss Per Share - Basic and Diluted        
Net Loss Per Share - Continuing Operations, Basic (in usd per share) $ (0.16) $ (7.00) $ (0.82) $ (20.16)
Net Loss Per Share - Continuing Operations, Diluted (in usd per share) (0.16) (7.00) (0.82) (20.16)
Net Loss Per Share - Discontinued Operations, Basic (in usd per share) 0 (3.21) (0.14) (10.92)
Net Loss Per Share - Discontinued Operations, Diluted (in usd per share) 0 (3.21) (0.14) (10.92)
Net Loss Per Share - Basic (in usd per share) (0.16) (10.21) (0.96) (31.08)
Net Loss Per Share - Diluted (in usd per share) $ (0.16) $ (10.21) $ (0.96) $ (31.08)
Weighted Average Shares Outstanding        
Basic (in shares) 65,840,189 2,216,544 35,845,916 2,086,633
Diluted (in shares) 65,840,189 2,216,544 35,845,916 2,086,633
Series 7 Convertible Preferred Stock        
Other (Expense)/Income        
Accretion of preferred stock $ 0 $ 0 $ 0 $ (4,555)
Series 8 Convertible Preferred Stock        
Other (Expense)/Income        
Accretion of preferred stock 0 (6,305) 0 (13,089)
Deemed dividend for the modification related to Series 8 Preferred Stock 0 0 0 (2,627)
Deemed contribution for the modification related to Warrants issued in connection with Series 8 Preferred Stock 0 0 0 1,469
Amortization premium- modification related to Series 8 Preferred Stock $ 0 $ 1,265 $ 0 $ 2,626

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