CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2026	Dec. 31, 2025
Current Assets
Cash and cash equivalents	$ 5,657	$ 16,696
Accounts receivable, net	11,892	12,093
Inventories	17,807	15,400
Prepaid expenses and other current assets	5,552	3,989
Current assets of discontinued operations (Note 17)	0	3,645
Total Current Assets	40,908	51,823
Property and equipment, net	407	385
Operating lease right-of-use asset, net	1,341	2,965
Intangible assets, net	8,650	9,338
Goodwill	13,393	11,544
Note receivable	4,394	0
Other assets	778	403
Non-current assets of discontinued operations (Note 17)	0	4,788
Total Assets	69,871	81,246
Current Liabilities
Accounts payable	2,152	5,212
Accrued expenses and other current liabilities	6,820	6,556
Customer deposits	2,689	3,071
Warrant liability	24,459	22,561
Operating lease obligation, current	635	550
Note payable - related party	450	0
Acquisition-related promissory note - related party, current	726	7,931
Asset-based revolving line of credit	5,928	0
Income tax payable	1,600	0
Current liabilities of discontinued operations (Note 17)	0	1,722
Total Current Liabilities	45,459	47,603
Note payable - related party	0	450
Operating lease obligation, noncurrent	736	2,427
Acquisition-related promissory note - related party, noncurrent	3,930	0
Other non-current liabilities	60	0
Non-current liabilities of discontinued operations (Note 17)	0	322
Total Liabilities	50,185	50,802
Commitments and Contingencies (Note 13)
Mezzanine Equity
Representative and placement agent warrants, net of issuance costs	2,701	2,701
Stockholders’ Equity
Common Stock - $0.001 par value; 500,000,000 shares authorized; 38,477,789 and 32,786,816 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively	38	33
Additional paid-in capital	180,138	157,354
Accumulated other comprehensive income	0	881
Accumulated deficit	(174,345)	(162,323)
Total Stockholders’ Equity	5,831	17,738
Noncontrolling interest – Class B Units of XTI Drones Holdings, LLC	11,154	10,005
Total Equity	16,985	27,743
Total Liabilities, Mezzanine Equity, and Equity	69,871	81,246
Preferred Stock
Stockholders’ Equity
Preferred Stock	0	0
Series 4 Convertible Preferred Stock
Stockholders’ Equity
Preferred Stock	0	0
Series 5 Convertible Preferred Stock
Stockholders’ Equity
Preferred Stock	0	0
Series 9 Convertible Preferred Stock
Stockholders’ Equity
Preferred Stock	0	0
Series 10 Convertible Preferred Stock
Stockholders’ Equity
Preferred Stock	$ 0	$ 21,793