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Accrued Issuable Equity - Other Liabilities
12 Months Ended
Dec. 31, 2019
Accrued Issuable Equity [Abstract]  
Accrued Issuable Equity - Other Liabilities

Note 6 — Accrued Issuable Equity – Other Liabilities

 

In connection with the Distribution of its common stock, the Company has 31,941 shares of common stock reserved in treasury 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, we recorded approximately $128,000 of accrued issuable equity in connection with these share issuance obligations. During the years ended December 31, 2019 and 2018, the Company has recorded a gain on change in fair value of accrued issuable equity of approximately $64,000 and $54,000 respectively, which was charged to the statement of operations. This is included in Other Income, Net. The Accrued Issuable Equity balance as of December 31, 2019 and December 31, 2018 was approximately $10,000 and $74,000, respectively.