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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 52,480 $ 17,996
Accounts receivable, net of allowances of $272 and $235, respectively 3,218 1,739
Notes and other receivables 321 152
Inventory 1,976 1,243
Short-term investments 43,125 7,998
Prepaid expenses and other current assets 4,842 1,197
Total Current Assets 105,962 30,325
Property and equipment, net 1,442 1,445
Operating lease right-of-use asset, net 1,736 2,077
Software development costs, net 1,792 1,721
Investments in equity securities 1,838 0
Long-term investments 2,500 2,500
Intangible assets, net 33,478 14,203
Goodwill 7,672 6,588
Other assets 253 152
Total Assets 156,673 59,011
Current Liabilities    
Accounts payable 2,414 908
Accrued liabilities 10,665 2,739
Operating lease obligation, current 643 647
Deferred revenue 4,805 1,922
Short-term debt 3,490 5,401
Acquisition liability 5,114 500
Total Current Liabilities 27,131 12,117
Long Term Liabilities    
Operating lease obligation, noncurrent 1,108 1,457
Other liabilities, noncurrent 28 7
Acquisition liability, noncurrent 220 750
Total Liabilities 28,487 14,331
Commitments and Contingencies
Stockholders’ Equity    
Common Stock - $0.001 par value; 2,000,000,000 shares authorized; 124,440,924 and 53,178,462 issued and 124,440,923 and 53,178,462 outstanding as of December 31, 2021 and December 31, 2020, respectively. 124 53
Additional paid-in capital 332,639 225,613
Treasury stock, at cost, 1 share (695) (695)
Accumulated other comprehensive income 44 660
Accumulated deficit (250,309) (180,992)
Stockholders’ Equity Attributable to Inpixon 81,803 44,639
Non-controlling Interest 1,688 41
Total Stockholders’ Equity 83,491 44,680
Total Liabilities, Mezzanine Equity and Stockholders’ Equity 156,673 59,011
Series 7 Preferred Stock    
Mezzanine Equity    
Series 7 Convertible Preferred Stock - 58,750 shares authorized; 49,250 and — issued and outstanding as of December 31, 2021 and December 31, 2020, respectively. (Liquidation preference of $49,250,000) 44,695 0
Series 4 Convertible Preferred Stock    
Stockholders’ Equity    
Preferred stock, value, issued 0 0
Series 5 Convertible Preferred Stock    
Stockholders’ Equity    
Preferred stock, value, issued $ 0 $ 0