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IntraNav Acquisition
 12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
IntraNav Acquisition IntraNav Acquisition
On December 9, 2021, the Company, through its wholly owned subsidiary, Inpixon Germany, through its wholly owned subsidiary, Nanotron Technologies acquired IntraNav GmbH. IntraNav will bring new, comprehensive products and technologies, and a broad IP portfolio to strengthen the Company's established RTLS product line. In exchange for a Purchase Price of $1.1 million, the Purchaser acquired all the outstanding shares of IntraNav. The goodwill of $0.5 million arising from the Acquisition consists of an acquired workforce, as well as synergies and economies of scale expected from combined operations of Nanotron and IntraNav.

The Acquisition is being accounted for as a business combination in accordance with ASC 805. The Company has determined the fair values of the assets acquired and liabilities assumed in the Acquisition. The Company has made the allocation of the purchase price of the Acquisition to the assets acquired and the liabilities assumed as of the purchase date. The following table summarizes the purchase price allocations relating to the Acquisition:
Cash Considerations (EUR)€1,000,000 
Less: IntraNav's indebtedness in excess of EUR 150,000
— 
Total Purchase Price (EUR)€1,000,000 
Total Purchase Price (USD) - at 1.13249 USD per EUR
$1,132,490 
Fair Value Allocation
Assets acquired:
Cash and cash equivalents$109 
Accounts receivable110 
Prepaid expenses and other current assets135 
Inventory 844 
Right of use asset 312 
Property, plant, and equipment 30 
Other assets 113 
Tradename & trademarks 168 
Proprietary technology 507 
Customer relationships 197 
Goodwill 482 
Total assets acquired $3,007 
Liabilities assumed:
Accounts payable 2 
Accrued liabilities 413 
Lease liabilities – current 54 
Lease liabilities - noncurrent 231 
Payable to new parent 391 
Deferred revenue784 
Total liabilities assumed 1,875 
Estimated fair value of net assets acquired: $1,132 
Total acquisition-related costs for the Acquisition incurred during the year ended December 31, 2021, was $209,036, and is included in selling, general and administrative expense in the Company's consolidated statements of operations. The following table details the acquisition related costs for the Acquisition:
Accounting fees$10 
Legal fees199 
Total acquisition costs$209