Debt (Details Textual) - USD ($) |
1 Months Ended | 9 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|---|
Feb. 09, 2018 |
Feb. 07, 2018 |
Feb. 05, 2018 |
Jan. 05, 2018 |
Aug. 30, 2018 |
May 23, 2018 |
Nov. 17, 2017 |
Aug. 14, 2017 |
Sep. 30, 2018 |
|
Debt (Textual) | |||||||||
Value of debenture converted to common stock | $ 317,000 | $ 400,000 | $ 300,000 | ||||||
Common shares issued for debenture | 2,646 | 2,982 | 1,254 | ||||||
Convertible Notes Payable [Member] | |||||||||
Debt (Textual) | |||||||||
Convertible notes payable redemption, description | Redemptions may occur at any time after the 6 month anniversary of the date of issuance of the November Note with a minimum redemption price equal to the Conversion Price. | ||||||||
Conversion price per share floor | $ 3.00 | ||||||||
Convertible Senior Secured Debenture [Member] | |||||||||
Debt (Textual) | |||||||||
Beneficial conversion feature value | $ 439,000 | ||||||||
Payplant Accounts Receivable Bank Line [Member] | |||||||||
Debt (Textual) | |||||||||
Aggregate purchase price | $ 1,402,770.16 | ||||||||
Bank line advance rate | 80.00% | ||||||||
Term of loan | 360 days | ||||||||
Revolving lines of credit, description | The Company must provide Lender with (i) one or more promissory notes for the amount being loaned in favor of Lender, (ii) one or more guaranties executed in favor of Lender and (iii) other documents and evidence of the completion of such other matters as Lender may request. The principal amount of each Loan shall accrue interest at a 30 day rate of 2% (the “Interest Rate”), calculated per day on the basis of a year of 360 days and, when combined with all fees that may be characterized as interest will not exceed the maximum rate allowed by law Upon the occurrence and during the continuance of any event of default, interest shall accrue at a rate equal to the Interest Rate plus 0.42% per 30 days. All computations of interest shall be made on the basis of a year of 360 days. | ||||||||
November Note [Member] | Convertible Notes Payable [Member] | |||||||||
Debt (Textual) | |||||||||
Aggregate principal amount | $ 1,745,000 | ||||||||
Net proceeds from notes payable | $ 1,500,000 | ||||||||
Convertible notes payable redemption, description | The November Note, as amended, bears interest at the rate of 10% per year and is due 10 months after the date of issuance. | ||||||||
Conversion price per share floor | $ 3.00 | ||||||||
Conversion price as percentage of closing trading price | 70.00% | ||||||||
Terms of Standstill Agreement | (i) 12 months after the purchase price date, and (b) five trading days following receipt of approval from Inpixon's stockholders, as may be required in accordance with applicable Nasdaq Listing Rules, to amend the terms of the November Note to modify the Conversion Price and the Minimum Redemption Price, as those terms are defined in the November Note, on terms that are acceptable to the November Noteholder. The Standstill Agreement also extends the maturity date of the November Note to December 31, 2018. | ||||||||
Convertible promissory note maturity date | Dec. 31, 2018 | ||||||||
Fee paid for Standstill Agreement | $ 75,000 | ||||||||
Interest expense | $ 75,000 | ||||||||
Debenture Amendment [Member] | |||||||||
Debt (Textual) | |||||||||
Aggregate principal amount | $ 1,004,719 | ||||||||
Common share reserve requirement to satisfy debenture, percentage | 150.00% | ||||||||
Original issue discount note, percentage | 8.00% | ||||||||
November Noteholder [Member] | Standstill Agreement [Member] | |||||||||
Debt (Textual) | |||||||||
Interest expense | $ 68,000 | ||||||||
GemCap Note [Member] | |||||||||
Debt (Textual) | |||||||||
Aggregate principal amount | $ 10,000,000 |