Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 3,334,514 $ 2,103,955
Marketable securities    124,753
Accounts receivable, net 9,068,579 9,581,041
Notes receivable 1,130,000 1,130,000
Other receivables 606,454   
Inventory 126,602 74,929
Prepaid expenses 1,029,968 381,583
Prepaid licenses and maintenance contracts 5,925,320 6,120,261
Restricted cash 71,429 71,429
Total Current Assets 21,292,866 19,587,951
Property and equipment, net 265,073 290,665
Software development costs, net 123,287 56,840
Deposits 749,227 749,227
Restricted cash, net of current portion 428,571 428,571
Prepaid licenses and maintenance contracts, non-current 5,916,538 4,268,010
Other assets 137,437 456,752
Trade name/trademarks, net 2,857,029 2,977,378
Customer relationships, net 2,964,517 3,085,953
Developed technology, net 1,178,750 1,265,000
Goodwill 5,766,901 5,707,580
Total Assets 41,680,196 38,873,927
Current Liabilities    
Accounts payable 8,739,189 8,435,100
Accrued expenses 1,092,983 1,219,195
Accrued compensation and related benefits 2,604,527 2,622,356
Deferred revenue 7,166,934 7,402,149
Due to related parties 160,331 160,331
Advances payable 722,157 722,157
Notes Payable 587,195 723,042
Revolving line of credit 5,274,473 5,697,590
Term loan 500,004 458,337
Total Current Liabilities 26,847,793 27,440,258
Long Term Liabilities    
Deferred revenue, non-current 6,840,462 4,845,138
Term loan, non-current portion 249,996 291,663
Total Liabilities 33,938,251 32,577,059
Commitments and Contingencies      
Stockholders' Equity    
Preferred stock - $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding      
Common stock - $0.001 par value; 50,000,000 shares authorized; 14,499,532 and 14,094,532 issued and outstanding 14,500 14,095
Additional paid-in capital 23,803,081 21,531,457
Due from Sysorex Consulting Inc. (665,554) (665,554)
Accumulated other comprehensive income    3,048
Accumulated deficit (excluding $2,441,960 reclassified to additional paid in capital in quasi-reorganization) (13,887,279) (13,105,962)
Stockholders' Equity Attributable to Sysorex Global Holdings Corp. 9,264,748 7,777,084
Non- controlling Interest (1,522,803) (1,480,215)
Total Stockholders' Equity 7,741,945 6,296,869
Total Liabilities and Stockholders' Equity $ 41,680,196 $ 38,873,927