Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.21.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 17,996,000 $ 4,777,000
Accounts receivable, net of allowances of $235 and $646, respectively 1,739,000 1,108,000
Notes and other receivables 152,000 74,000
Inventory 1,243,000 400,000
Short-term investments 7,998,000 0
Prepaid expenses and other current assets 1,197,000 406,000
Total Current Assets 30,325,000 6,765,000
Property and equipment, net 1,445,000 145,000
Operating lease right-of-use asset, net 2,077,000 1,585,000
Software development costs, net 1,721,000 1,544,000
Long-term investments 2,500,000 0
Intangible assets, net 14,203,000 8,400,000
Goodwill 6,588,000 2,070,000
Receivable from related party 0 616,000
Other assets 152,000 94,000
Total Assets 59,011,000 21,219,000
Current Liabilities    
Accounts payable 908,000 2,383,000
Accrued liabilities 2,739,000 1,863,000
Operating lease obligation, current 647,000 776,000
Deferred revenue 1,922,000 912,000
Short-term debt 5,401,000 7,304,000
Acquisition liability 500,000 502,000
Total Current Liabilities 12,117,000 13,740,000
Long Term Liabilities    
Operating lease obligation, noncurrent 1,457,000 837,000
Other liabilities, noncurrent 7,000 7,000
Deferred tax liability, noncurrent 0 87,000
Acquisition liability, noncurrent 750,000 500,000
Total Liabilities 14,331,000 15,171,000
Commitments and Contingencies
Stockholders’ Equity    
Common Stock - $0.001 par value; 250,000,000 shares authorized; 53,178,462 and 4,234,923 issued and 53,178,461 and 4,234,922 outstanding as of December 31, 2020 and December 31, 2019, respectively. 53,000 4,000
Additional paid-in capital 225,613,000 158,382,000
Treasury stock, at cost, 1 share (695,000) (695,000)
Accumulated other comprehensive income 660,000 94,000
Accumulated deficit (excluding $2,442 reclassified to additional paid in capital in quasi-reorganization) (180,992,000) (151,763,000)
Stockholders’ Equity Attributable to Inpixon 44,639,000 6,022,000
Non-controlling Interest 41,000 26,000
Total Stockholders’ Equity 44,680,000 6,048,000
Total Liabilities and Stockholders’ Equity $ 59,011,000 $ 21,219,000
Treasury stock (in shares) 1 1
Preferred stock, shares authorized (in shares) 5,000,000  
Series 4 Convertible Preferred Stock    
Stockholders’ Equity    
Preferred stock, value, issued $ 0 $ 0
Preferred stock, shares authorized (in shares) 10,415 10,415
Series 5 Convertible Preferred Stock    
Stockholders’ Equity    
Preferred stock, value, issued $ 0 $ 0
Preferred stock, shares authorized (in shares) 12,000 12,000