v3.23.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues $ 2,057 $ 2,576 $ 5,161 $ 5,225
Cost of Revenues 390 856 1,180 1,653
Gross Profit 1,667 1,720 3,981 3,572
Operating Expenses        
Research and development 2,051 2,482 4,033 4,576
Sales and marketing 1,241 754 2,357 1,924
General and administrative 4,236 5,294 9,850 12,658
Acquisition-related costs 523 137 687 252
Transaction costs 43 0 1,443 0
Impairment of goodwill 0 2,030 0 2,030
Amortization of intangibles 230 396 450 743
Total Operating Expenses 8,324 11,093 18,820 22,183
Loss from Operations (6,657) (9,373) (14,839) (18,611)
Other (Expense)/Income        
Interest (expense)/income, net (1,756) 168 (3,481) 169
Other income/(expense), net 1,183 15 1,212 (28)
Unrealized gain/(loss) on equity securities (92) 247 (58) (1,256)
Total Other Expense (665) 430 (2,327) (1,115)
Net Loss from Continuing Operations, before tax (7,322) (8,943) (17,166) (19,726)
Income tax provision (7) (22) (2,485) (22)
Net Loss from Continuing Operations (7,329) (8,965) (19,651) (19,748)
Loss from Discontinued Operations, Net of Tax 0 (11,365) (4,856) (12,139)
Net Loss (7,329) (20,330) (24,507) (31,887)
Net Loss Attributable to Non-controlling Interest (363) (458) (667) (804)
Net Loss Attributable to Stockholders of Inpixon (6,966) (19,872) (23,840) (31,083)
Net Loss Attributable to Common Stockholders, Basic (6,966) (24,857) (23,840) (42,219)
Net Loss Attributable to Common Stockholders, Diluted $ (6,966) $ (24,857) $ (23,840) $ (42,219)
Net Loss Per Share - Basic and Diluted        
Net Income (Loss) Per Share - Continuing Operations, Basic (in usd per share) $ (0.19) $ (6.99) $ (0.92) $ (14.90)
Net Income (Loss) Per Share - Continuing Operations, Diluted (in usd per share) (0.19) (6.99) (0.92) (14.90)
Net Income (Loss) Per Share - Discontinued Operations, Basic (in usd per share) 0 (5.88) (0.24) (6.01)
Net Income (Loss) Per Share - Discontinued Operations, Diluted (in usd per share) 0 (5.88) (0.24) (6.01)
Net Loss Per Share - Basic (in usd per share) (0.19) (12.87) (1.16) (20.91)
Net Loss Per Share - Diluted (in usd per share) $ (0.19) $ (12.87) $ (1.16) $ (20.91)
Weighted Average Shares Outstanding        
Basic (in shares) 37,442,387 1,931,535 20,600,208 2,018,295
Diluted (in shares) 37,442,387 1,931,535 20,600,208 2,018,295
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 (6,237) 0 (6,785)
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 $ 1,252 $ 0 $ 1,362

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