Subsequent Events (Details) - USD ($) |
3 Months Ended | |||
|---|---|---|---|---|
Aug. 08, 2019 |
Jul. 09, 2019 |
Sep. 30, 2019 |
Jun. 30, 2019 |
|
| May 2019 Note Purchase Agreement and Promissory Note [Member] | ||||
| Subsequent Events (Textual) | ||||
| Shares of common stock exchanged | 2,773,607 | |||
| May 2019 Note Purchase Agreement and Promissory Note [Member] | Minimum [Member] | ||||
| Subsequent Events (Textual) | ||||
| Exercise price | $ 0.59 | |||
| May 2019 Note Purchase Agreement and Promissory Note [Member] | Maximum [Member] | ||||
| Subsequent Events (Textual) | ||||
| Exercise price | $ 0.8989 | |||
| Subsequent Event [Member] | ||||
| Subsequent Events (Textual) | ||||
| Stock options granted for purchase of common stock | 172,000 | |||
| Exercise price | $ 0.47 | |||
| Note outstanding balance | $ 724,807 | |||
| Shares of common stock exchanged | 1,403,772 | |||
| Subsequent Event [Member] | Minimum [Member] | ||||
| Subsequent Events (Textual) | ||||
| Exercise price | $ 0.51 | |||
| Stock options vesting period | 12 months | |||
| Subsequent Event [Member] | Maximum [Member] | ||||
| Subsequent Events (Textual) | ||||
| Exercise price | $ 0.532 | |||
| Stock options vesting period | 48 months | |||
| Subsequent Event [Member] | Purchase Agreements [Member] | ||||
| Subsequent Events (Textual) | ||||
| Share purchase agreement amendment, description | (i) CAD $5,000,000 (the “Cash Consideration”), plus an amount equal to all cash and cash equivalents held by Jibestream at the closing of the Transaction (the “Closing”), minus, if a negative number, the absolute value of the Estimated Working Capital Adjustment (as defined in the Purchase Agreement), minus any amounts loaned by the Purchaser to Jibestream to settle any Indebtedness (as defined in the Purchase Agreement) or other fees, minus any cash payments to the holders of outstanding options to settle any in-the-money options (the “Option Payout”), minus the deferred revenue costs of $150,000, and minus the costs associated with the audit and review of the financial statements of Jibestream required by the Purchase Agreement (collectively, the “Estimated Cash Closing Amount”); plus (ii) a number of shares of the Company’s common stock (the “Inpixon Shares”), equal to CAD $3,000,000, which will be converted to U.S. dollars based on the exchange rate at the time of the closing, divided by the price per share at which shares of the Company’s common stock are issued in of the Company’s common stock the Offering (the “Price Per Share”). | |||
| Offering aggregate gross proceeds minimum | $ 15,000,000 | |||
| Jibestream Acquisition, description | The Purchase Agreement was amended to, among other things, reduce the amount of funds we are required to receive from the offering being conducted pursuant to the registration statement on Form S-1 (SEC File No. 333-232448) (the “Offering”) in order to complete the Transaction from $15 million to an amount of funds sufficient when aggregated with other immediately available funds to pay the Estimated Cash Closing Amount (as defined below), adjust the Price Per Share (as defined below) to be equal to the price per share at which shares of the Company’s common stock are sold in the Offering and limit the amount of shares of our common stock that the Company may issue to the Vendors to no more than 19.99% of the Company’s outstanding shares of common stock prior to the closing of the Transaction, unless stockholder approval is obtained, if required by the Nasdaq Listing Rules. In addition, the Company agreed to loan Jibestream, at its option, cash amounts up to a maximum of $250,000 in the aggregate, in accordance with the terms of a promissory note. A note will be issued for each loan and will have a maturity date of December 31, 2019 and will accrue interest at a rate of 5% per annum. | |||
| Subsequent Event [Member] | May 2019 Note Purchase Agreement and Promissory Note [Member] | ||||
| Subsequent Events (Textual) | ||||
| Note exchange agreement, description | The Company entered into a note purchase agreement with the holder of the June 2019 Note, pursuant to which the Company agreed to issue and sell to the holder an unsecured promissory note (the “August 2019 Note”) in an aggregate principal amount of $1,895,000, which is payable on or before the date that is 9 months from the issuance date. The Initial Principal Amount includes an original issue discount of $375,000 and $20,000 that the Company agreed to pay to the holder to cover the holder’s legal fees, accounting costs, due diligence, monitoring and other transaction costs. In exchange for the August 2019 Note, the holder paid an aggregate purchase price of $1,500,000. Interest on the Note accrues at a rate of 10% per annum and is payable on the maturity date or otherwise in accordance with the August 2019 Note. The Company may pay all or any portion of the amount owed earlier than it is due; provided, that in the event the Company elects to prepay all or any portion of the outstanding balance, it shall pay to the Holder 115% of the portion of the outstanding balance the Company elects to prepay. Beginning on the date that is 6 months from the issuance date and at the intervals indicated below until the August 2019 Note is paid in full, the holder shall have the right to redeem up to an aggregate of 1/3 of the initial principal balance of the August 2019 Note each month by providing written notice to the Company; provided, however, that if the holder does not exercise any monthly redemption amount in its corresponding month then such monthly redemption amount shall be available for the holder to redeem in any future month in addition to such future month’s monthly redemption amount. Upon receipt of any monthly redemption notice, the Company shall pay the applicable monthly redemption amount in cash to the holder within five business days of the Company’s receipt of such monthly redemption notice. The August 2019 Note includes customary event of default provisions, subject to certain cure periods, and provides for a default interest rate of 22%. | |||
| Standstill Agreement, description | The Company and the December 2018 Note holder entered into a standstill agreement with respect to the December 2018 Note (the “Standstill Agreement”). Pursuant to the Standstill Agreement, the December 2018 Note holder agreed that it will not redeem all or any portion of the December 2018 Note for a period beginning on August 8, 2019, and ending on the date that is 90 days from August 8, 2019. As consideration for this, the outstanding balance of the December 2018 Note was increased by $206,149. | |||