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

Quarterly report pursuant to Section 13 or 15(d)

Deferred Revenue

Deferred Revenue

9 Months Ended

Sep. 30, 2016

Deferred Revenue [Abstract]

Deferred Revenue

Note 8 - Deferred Revenue

Deferred revenue as of September 30, 2016 and December 31, 2015 consisted of the following:

	September 30, 2016		December 31, 2015
Deferred Revenue, Current
Maintenance agreements	$	8,192	$	9,025
Service agreements		3,720		70
Total Deferred Revenue, Current		11,912		9,095

Deferred Revenue, Non-Current
Maintenance agreements		6,764		7,666

Total Deferred Revenue	$	18,676	$	16,761

The fair value of the deferred revenue approximates the services to be rendered.

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

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