Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Products $ 13,542 $ 14,025 $ 23,930 $ 27,251
Services 4,155 3,119 7,889 6,214
Total Revenues 17,697 17,144 31,819 33,465
Cost of Revenues        
Products 10,349 10,047 18,999 20,755
Services 1,652 1,418 3,077 2,680
Total Cost of Revenues 12,001 11,465 22,076 23,435
Gross Profit 5,696 5,679 9,743 10,030
Operating Expenses        
Research and development 251 163 414 163
Sales and marketing 3,075 2,523 5,538 4,820
General and administrative 2,953 3,024 6,227 5,340
Acquisition related costs 112 1,091 188 1,195
Amortization of intangibles 1,000 1,249 1,881 1,577
Total Operating Expenses 7,391 8,050 14,248 13,095
Loss from Operations (1,695) (2,371) (4,505) (3,065)
Other Income (Expense)        
Interest expense (121) (104) (220) (212)
Other 32 $ 12 37 $ 26
Change in the fair value of shares to be issued $ 89   89  
Total Other Income (Expense)   $ (92) (94) $ (186)
Loss before Provision for Income Taxes $ (1,695) $ (2,463) $ (4,599) (3,251)
Provision for Income Taxes       (35)
Net Loss $ (1,695) $ (2,463) $ (4,599) (3,286)
Net Loss Attributable to Non-controlling Interest 2 (56) (3) (98)
Net Loss Attributable to Stockholders of Sysorex Global Holdings Corp. $ (1,697) $ (2,407) $ (4,596) $ (3,188)
Net Loss Per Share - Basic and Diluted $ (0.09) $ (0.13) $ (0.23) $ (0.19)
Weighted Average Shares Outstanding        
Basic and Diluted 19,806,779 18,641,546 19,786,296 16,455,268