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

Segment Reporting and Foreign Operations (Tables)

6 Months Ended

Jun. 30, 2015

	Mobile, IoT & Big Data Products			Storage and Computing			SaaS Revenues			Professional Services			Consolidated

*Three Months Ended June 30, 2015*

Net revenues	$	233		$	13,363		$	987		$	3,114		$	17,697
Cost of net revenues	$	(68	)	$	(10,292	)	$	(206	)	$	(1,435	)	$	(12,001	)
Gross profit	$	165		$	3,071		$	781		$	1,679		$	5,696
Gross margin %		71	%		23	%		79	%		54	%		32	%
Depreciation and amortization	$	24		$	30		$	23		$	1		$	78
Amortization of intangibles	$	672		$	192		$	136		$	--		$	1,000

*Three Months Ended June 30, 2014*

Net revenues	$	1,106		$	12,768		$	1,008		$	2,262		$	17,144
Cost of net revenues	$	(126	)	$	(10,021	)	$	(198	)	$	(1,120	)	$	(11,465	)
Gross profit	$	980		$	2,747		$	810		$	1,142		$	5,679
Gross margin %		89	%		22	%		80	%		51	%		33	%
Depreciation and amortization	$	30		$	45		$	7		$	4		$	86
Amortization of intangibles	$	921		$	192		$	136		$	--		$	1,249

*Six Months Ended June 30, 2015*

Net revenues	$	376		$	23,640		$	1,960		$	5,843		$	31,819
Cost of net revenues	$	(194	)	$	(18,822	)	$	(428	)	$	(2,632	)	$	(22,076	)
Gross profit	$	182		$	4,818		$	1,532		$	3,211		$	9,743
Gross margin %		48	%		20	%		78	%		55	%		32	%
Depreciation and amortization	$	55		$	62		$	45		$	1		$	163
Amortization of intangibles	$	1,225		$	384		$	272		$	--		$	1,881

*Six Months Ended June 30, 2014*

Net revenues	$	1,106		$	25,970		$	1,980		$	4,409		$	33,465
Cost of net revenues	$	(126	)	$	(20,452	)	$	(401	)	$	(2,456	)	$	(23,435	)
Gross profit	$	980		$	5,518		$	1,579		$	1,953		$	10,030
Gross margin %		89	%		21	%		80	%		44	%		32	%
Depreciation and amortization	$	30		$	65		$	18		$	12		$	125
Amortization of intangibles	$	--		$	384		$	272		$	921		$	1,577

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
Income from operations of reportable segments	$	5,696		$	5,679		$	9,743		$	10,030
Unallocated corporate expenses		(7,391	)		(8,050	)		(14,248	)		(13,095	)
Interest expense		(121	)		(104	)		(220	)		(212	)
Other income (expense)		121			12			126			26
Consolidated loss before income taxes	$	(1,695	)	$	(2,463	)	$	(4,599	)	$	(3,251	)

	United						Saudi
	States			Canada			Arabia			Eliminations		Total
Three Months Ended June 30, 2015:
Revenues by geographic area	$	17,680		$	17		$	—		$	—	$	17,697
Operating loss by geographic area	$	(1,478	)	$	(211	)	$	(6	)	$	—	$	(1,695	)
Net income (loss) by geographic area	$	(1,487	)	$	(211	)	$	3		$	—	$	(1,695	)

Three Months Ended June 30, 2014:
Revenues by geographic area	$	17,137		$	7		$	—		$	—	$	17,144
Operating loss by geographic area	$	(2,028	)	$	(231	)	$	(112	)	$	—	$	(2,371	)
Net loss by geographic area	$	(2,119	)	$	(232	)	$	(112	)	$	—	$	(2,463	)

Six Months Ended June 30, 2015:
Revenues by geographic area	$	31,802		$	17		$	—		$	—	$	31,819
Operating loss by geographic area	$	(3,998	)	$	(492	)	$	(15	)	$	—	$	(4,505	)
Net loss by geographic area	$	(4,101	)	$	(492	)	$	(6	)	$	—	$	(4,599	)

Six Months Ended June 30, 2014:
Revenues by geographic area	$	33,458		$	7		$	—		$	—	$	33,465
Operating loss by geographic area	$	(2,637	)	$	(231	)	$	(197	)	$	—	$	(3,065	)
Net loss by geographic area	$	(2,858	)	$	(231	)	$	(197	)	$	—	$	(3,286	)

As of June 30, 2015:
Identifiable assets by geographic area	$	64,458		$	305		$	774		$	—	$	65,537
Long lived assets by geographic area	$	34,506		$	27		$	—		$	—	$	34,533

As of December 31, 2014:
Identifiable assets by geographic area	$	61,149		$	133		$	778		$	—	$	62,060
Long lived assets by geographic area	$	32,398		$	30		$	—		$	—	$	32,428