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 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
Products $ 8,366 $ 10,706 $ 27,871 $ 34,637
Services 2,874 4,168 10,788 12,057
Total Revenues 11,240 14,874 38,659 46,694
Cost of Revenues        
Products 6,873 8,601 22,363 27,601
Services 1,269 1,885 5,807 4,962
Total Cost of Revenues 8,142 10,486 28,170 32,563
Gross Profit 3,098 4,388 10,489 14,131
Operating Expenses        
Research and development 587 207 1,711 620
Sales and marketing 1,876 2,693 6,713 8,231
General and administrative 3,699 3,542 11,116 9,768
Acquisition related costs 22 13 52 200
Amortization of intangibles 1,056 1,056 3,169 2,938
Total Operating Expenses 7,240 7,511 22,761 21,757
Loss from Operations (4,142) (3,123) (12,272) (7,626)
Other Income (Expense)        
Interest expense (639) (120) (1,037) (340)
Other income 15 2 54 39
Change in fair value of derivative liability 41 41
Change in fair value of shares to be issued 5 69 13 157
Total Other Income (Expense) (578) (49) (929) (144)
Net Loss (4,720) (3,172) (13,201) (7,770)
Net Loss Attributable to Non-controlling Interest (4) (4) (12) (7)
Net Loss Attributable to Stockholders of Sysorex Global $ (4,716) $ (3,168) $ (13,189) $ (7,763)
Net Loss Per Share - Basic and Diluted $ (0.18) $ (0.16) $ (0.52) $ (0.39)
Weighted Average Shares Outstanding        
Basic and Diluted 26,151,764 19,833,000 25,464,674 19,802,035