Proforma Financial Information

9 Months Ended

Sep. 30, 2025

Proforma Financial Information [Abstract]

Proforma Financial Information

Note 5 - Proforma Financial Information

The XTI Merger was accounted for as a reverse merger under U.S. GAAP. For financial reporting purposes, Legacy Inpixon is treated as the “acquired” company. As a result, the Company’s consolidated financial statements include the operating results of Legacy Inpixon only from March 12, 2024, the merger closing date. The following unaudited proforma financial information presents the consolidated results of operations of the Company and Legacy Inpixon for the three months and nine months ended September 30, 2024, as if the XTI Merger had occurred as of the beginning of the first period presented (January 1, 2024) instead of on March 12, 2024. The proforma information does not necessarily reflect the results of operations that would have occurred had the entities been a single company during those periods.

The proforma financial information for the Company and Legacy Inpixon is as follows (in thousands):

	For the Three Months Ended September 30, 2024			For the Nine Months Ended September 30, 2024
Revenues	$	918		$	2,676
Net loss attributable to common stockholders	$	(4,674	)	$	(36,571	)
Net loss per basic and diluted common share	$	(33.40	)	$	(456.99	)
Weighted average common shares outstanding:
Basic and Diluted		139,944			80,026