XML 21 R47.htm IDEA: XBRL DOCUMENT v3.20.1
Commitments and Contingencies (Details Textual) - USD ($)
1 Months Ended 12 Months Ended
Feb. 20, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Feb. 28, 2019
Aug. 07, 2018
Commitments and Contingencies (Textual)            
Costs and liabilities related to the arbitration, percentage           50.00%
Reclassified its obligation in its financial statements from accounts payable         $ 565,081  
Payable to related party   $ 616,000    
Prepaid rent   5,300 22,590 5,300    
Operating leases     100,000 $ 288,000    
Monthly rent   $ 30,000        
Operating expense     $ 62,000      
Leased these premises     We leased these premises, which consisted of approximately 11,000 square feet, pursuant to a 29-month lease that expired on September 30, 2018.      
Atlas Technology Group, LLC [Member]            
Commitments and Contingencies (Textual)            
Settlement agreement, description On February 20, 2019, Inpixon, the Company and Atlas Technology Group, LLC ("Atlas") entered into a settlement agreement (the "Settlement Agreement") in connection with the satisfaction of an arbitration award in an aggregate amount of $1,156,840 plus pre-judgment interest equal to an aggregate of $59,955 (the "Award") granted to Atlas following arbitration proceedings arising out of an engagement agreement, dated September 8, 2016, by and between Atlas and Inpixon as well as its subsidiaries, including the predecessor to the Company (the "Engagement Agreement"). Pursuant to the Settlement Agreement, Atlas agreed to (a) reduce the Award by $275,000 resulting in a net award of $941,795 (the "Net Award") and (b) accept an aggregate of 749,440 shares of freely-tradable common stock of Inpixon (the "Settlement Shares"), in satisfaction of the Award, which was determined by dividing 120% of the Net Award by $1.508, which was the "minimum price," as defined under Nasdaq Listing Rule 5635(d), of Inpixon's common stock. The closing occurred on February 21, 2019.