Quarterly report pursuant to Section 13 or 15(d)

Locality Acquisition (Details Textual)

Locality Acquisition (Details Textual)
$ in Thousands
1 Months Ended
May 21, 2019
USD ($)
Locality Acquisition (Textual)  
Total purchase price $ 1,928
Value of the stock issued upon closing 514
Cash paid to seller at closing of acquisition 204
Cash paid in installments $ 1,210
Description of Locality purchase (i) USD $1,500,000 (the “Aggregate Cash Consideration”) plus or minus the amount by which the estimated working capital is more or less than the working capital target (as defined in the purchase agreement), and (ii) 650,000 shares of common stock of Inpixon.
Cash consideration, description (i) the initial installment representing $250,000 minus or plus the estimated working capital adjustment was paid on the closing date; (ii) three additional installments each equal to $250,000, will be paid every six months following the closing date; and (iii) one final installment representing $500,000 will be paid on the second anniversary of the closing date, in each case minus the cash fees payable to the advisor in connection with the acquisition.