Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Products $ 9,157 $ 13,542 $ 19,505 $ 23,930
Services 4,175 4,155 7,914 7,889
Total Revenues 13,332 17,697 27,419 31,819
Cost of Revenues        
Products 7,448 10,349 15,490 18,999
Services 2,440 1,652 4,538 3,077
Total Cost of Revenues 9,888 12,001 20,028 22,076
Gross Profit 3,444 5,696 7,391 9,743
Operating Expenses        
Research and development 537 251 1,124 414
Sales and marketing 2,336 3,075 4,837 5,538
General and administrative 3,452 2,953 7,417 6,227
Acquisition related costs 10 112 30 188
Amortization of intangibles 1,057 1,000 2,113 1,881
Total Operating Expenses 7,392 7,391 15,521 14,248
Loss from Operations (3,948) (1,695) (8,130) (4,505)
Other Income (Expense)        
Interest expense (255) (121) (398) (220)
Other income 19 32 39 37
Change in fair value of shares to be issued 9 89 8 89
Total Other Income (Expense) (227) (351) (94)
Loss before Provision for Income Taxes (4,175) (1,695) (8,481) (4,599)
Provision for Income Taxes
Net Loss (4,175) (1,695) (8,481) (4,599)
Net Loss Attributable to Non-controlling Interest (4) 2 (8) (3)
Net Loss Attributable to Stockholders of Sysorex Global $ (4,171) $ (1,697) $ (8,473) $ (4,596)
Net Loss Per Share - Basic and Diluted $ (0.17) $ (0.09) $ (0.34) $ (0.23)
Weighted Average Shares Outstanding        
Basic and Diluted 25,129,002 19,806,779 25,117,354 19,786,296