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Accrued Issuable Equity – Other Liabilities
12 Months Ended
Dec. 31, 2018
Accrued Issuable Equity [Abstract]  
Accrued Issuable Equity – Other Liabilities

Note 7 — Accrued Issuable Equity – Other Liabilities

 

In connection with the Distribution of its common stock, the Company has reserved in treasury 3,194,120 shares of common stock for eventual issuance to certain holders of Inpixon securities that are currently subject to beneficial ownership limitations in connection with the Distribution. On August 31, 2018, the Company recorded approximately $128,000 of accrued issuable equity in connection with these share issuance obligations. During the year ended December 31, 2018, the Company has recorded a gain on change in fair value of accrued issuable equity of approximately $54,000, which was charged to the statement of operations. This is included in Other Income, Net.