Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.3.0.814
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Products $ 10,706 $ 10,957 $ 34,637 $ 38,208
Services 4,168 3,326 12,057 9,540
Total Revenues 14,874 14,283 46,694 47,748
Cost of Revenues        
Products 8,601 8,620 27,601 29,374
Services 1,885 1,388 4,962 4,068
Total Cost of Revenues 10,486 10,008 32,563 33,442
Gross Profit 4,388 4,275 14,131 14,306
Operating Expenses        
Research and development 207 206 620 370
Sales and marketing 2,693 2,568 8,231 7,388
General and administrative 3,542 $ 3,519 9,768 8,858
Acquisition related costs 13 200 1,195
Amortization of intangibles 1,056 $ 443 2,938 2,020
Total Operating Expenses 7,511 6,736 21,757 19,831
Loss from Operations (3,123) (2,461) (7,626) (5,525)
Other Income (Expense)        
Interest expense (120) (95) (340) (307)
Other income 2 $ 7 39 $ 33
Change in fair value of shares to be issued 69 157
Total Other Income (Expense) (49) $ (88) (144) $ (274)
Loss before Provision for Income Taxes $ (3,172) $ (2,549) $ (7,770) (5,799)
Provision for Income Taxes (35)
Net Loss $ (3,172) $ (2,549) $ (7,770) (5,834)
Net Loss Attributable to Non-controlling Interest (4) (6) (7) (104)
Net Loss Attributable to Stockholders of Sysorex Global Holdings Corp. $ (3,168) $ (2,543) $ (7,763) $ (5,730)
Net Loss Per Share - Basic and Diluted $ (0.16) $ (0.13) $ (0.39) $ (0.33)
Weighted Average Shares Outstanding        
Basic and Diluted 19,833,000 19,624,332 19,802,035 17,592,883