Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 505 $ 4,060
Accounts receivable, net 7,785 12,209
Notes and other receivables 1,294 1,340
Inventory 852 755
Prepaid licenses and maintenance contracts 6,971 7,509
Assets held for sale 772 772
Prepaid assets and other current assets 1,994 1,967
Total Current Assets 20,173 28,612
Prepaid licenses and maintenance contracts, non-current 5,876 6,586
Property and equipment, net 1,442 1,392
Software development costs, net 1,946 1,281
Intangible assets, net 13,992 17,161
Goodwill 13,166 13,166
Other assets 425 517
Total Assets 57,020 68,715
Current Liabilities    
Accounts payable 10,170 9,320
Accrued liabilities 1,786 2,992
Derivative liability 11  
Deferred revenue 11,912 9,095
Short-term debt 4,600 9,417
Liabilities held for sale 2,037 2,026
Total Current Liabilities 30,516 32,850
Long Term Liabilities    
Deferred revenue, non-current 6,764 7,666
Long-term debt 3,753 1,226
Other liabilities 341 542
Acquisition liability - LightMiner 567 3,475
Total Liabilities 41,941 45,759
Commitments and Contingencies
Stockholders' Equity    
Convertible Series 1 Preferred Stock - $1,000.00 stated value; 5,000,000 shares authorized; 2,250 and 0 issued and outstanding at September 30, 2016 and December 31, 2015, respectively. Liquidation preference of $2,250,000 and $0 at September 30, 2016 and December 31, 2015, respectively. 1,340
Common stock - $0.001 par value; 50,000,000 shares authorized; 26,948,288 and 25,309,863 issued and 26,709,460 and 25,071,035 outstanding at September 30, 2016 and December 31, 2015, respectively 27 25
Additional paid-in capital 62,174 58,226
Treasury stock, at cost, 238,828 shares (695) (695)
Due from Sysorex Consulting Inc. (666) (666)
Accumulated other comprehensive income 65 31
Accumulated deficit (excluding $2,442 reclassified to additional paid in capital in quasi-reorganization) (45,548) (32,359)
Stockholders' Equity Attributable to Sysorex Global 16,697 24,562
Non- controlling Interest (1,618) (1,606)
Total Stockholders' Equity 15,079 22,956
Total Liabilities and Stockholders' Equity $ 57,020 $ 68,715