Inpixon Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

Intangible Assets

3 Months Ended

Mar. 31, 2014

Intangible Assets and Goodwill [Abstract]

Intangible Assets

Note 9 - Intangible Assets

Lilien Acquisition

Balances of the intangible assets that relate to the Lilien acquisition are as follows as of March 31, 2014:

	As of March 31, 2014
Amortized Intangible Assets	Gross Carrying Amount		Accumulated Amortization

Trade name/trademarks	$	3,250,000	$	(502,971	)
Customer relationships		2,130,000		(329,650	)
Total	$	5,380,000	$	(832,621	)

The weighted average remaining amortization period for the Company’s trade names/ trademarks and customer relationships is 3.57 and 2.34 years, respectively.

Shoom Acquisition

Balances of the intangible assets that relate to the Shoom acquisition are as follows as of March 31, 2014:

	As of March 31, 2014
Amortized Intangible Assets	Gross Carrying Amount		Accumulated Amortization

Trade name/trademarks	$	120,000	$	(10,000	)
Customer relationships		1,270,000		(105,833	)
Developed technology		1,380,000		(201,250	)
Total	$	2,770,000	$	(317,083	)

The weighted average remaining amortization period for the Company’s trade names/ trademarks, customer relationships and developed technology is 0.29, 3.05 and 1.64 years, respectively.

Aggregate Amortization Expense:

Aggregate amortization expense for the three months ended March 31, 2014 was $328,035.

The following table presents the Company’s estimate for total amortization expense for the year ended December 31, 2014 through 2019 and thereafter.

Year Ending December 31,	Amount
2014	$	984,108
2015		1,312,143
2016		1,312,143
2017		1,197,143
2018		967,143
2019 and thereafter		1,227,616
Total	$	7,000,296