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CONDENSED CONSOLIDATED STATEMENT OF EQUITY - USD ($)
$ in Thousands
Common shares
Additional Paid-in Capital
Retained Earnings / Accumulated Deficit
Accumulated Other Comprehensive Loss
Ideanomics Shareholders' equity
Non - controlling Interest
Total
Balance at Dec. 31, 2018 $ 103 $ 195,780 $ (149,975) $ (1,665) $ 44,243 $ (1,031) $ 43,212
Balance (in shares) at Dec. 31, 2018 102,766,006            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share-based compensation   224     224   224
Common stock issuance for restricted shares (in shares) 129,840            
Common stock issuance for assets (SolidOpinion, Inc) $ 5 7,150     7,155   7,155
Common stock issuance for assets (SolidOpinion, Inc) (in shares) 4,500,000            
Common stock issuance for convertible debt $ 1 2,049     2,050   2,050
Common stock issuance for convertible debt (In shares) 1,166,113            
Net income (loss)     19,927   19,927 (18) 19,909
Foreign currency translation adjustments, net of nil tax       172 172 (25) 147
Balance at Mar. 31, 2019 $ 109 205,203 (130,048) (1,493) 73,771 (1,074) 72,697
Balance (in shares) at Mar. 31, 2019 108,561,959            
Balance at Dec. 31, 2018 $ 103 195,780 (149,975) (1,665) 44,243 (1,031) 43,212
Balance (in shares) at Dec. 31, 2018 102,766,006            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss)             12,881
Foreign currency translation adjustments, net of nil tax             103
Balance at Sep. 30, 2019 $ 133 255,737 (138,468) (1,558) 115,844 398 116,242
Balance (in shares) at Sep. 30, 2019 132,696,071            
Balance at Mar. 31, 2019 $ 109 205,203 (130,048) (1,493) 73,771 (1,074) 72,697
Balance (in shares) at Mar. 31, 2019 108,561,959            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share-based compensation   3,703     3,703   3,703
Common stock issuance for assets (Fintalk) $ 3 5,347     5,350   5,350
Common stock issuance for assets (Fintalk) (in shares) 2,860,963            
Common stock issuance for acquisition of non-controlling interest Grapevine [1] $ 1 491     492 (492)  
Common stock issuance for acquisition of non-controlling interest Grapevine (in shares) [1] 590,671            
Investment from SSSIG (in shares) 575,431            
Net income (loss)     5,292   5,292 (15) 5,277
Foreign currency translation adjustments, net of nil tax       (76) (76) 8 (68)
Balance at Jun. 30, 2019 $ 113 214,744 (124,756) (1,569) 88,532 (1,573) 86,959
Balance (in shares) at Jun. 30, 2019 112,589,024            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share-based compensation   2,547     2,547   2,547
Common stock issuance for acquisition (DBOT) $ 6 9,708     9,714 105 9,819
Common stock issuance for acquisition of DBOT (in shares) 5,851,830            
Common stock issuance for acquisition of Glory Connection $ 12 24,368     24,380   24,380
Common stock issuance for acquisition of Glory Connection (in shares) 12,190,000            
Common stock issuance for acquisition of BlackHorse Ventures $ 1 1,499     1,500   1,500
Common stock issuance for acquisition of BlackHorse Ventures (in shares) 815,217            
Common stock issuance for releasing Grapevine as collateral   372     372   372
Common stock issuance for releasing Grapevine as collateral ( in shares) 250,000            
Common stock issuance for releasing Grapevine as collateral Convertible note $ 1 2,499     2,500   2,500
Common stock issuance for releasing Grapevine as collateral Convertible note (in shares) 1,000,000            
Deconsolidation of Amer           446 446
Net income (loss)     (13,712)   (13,712) 1,407 (12,305)
Foreign currency translation adjustments, net of nil tax       11 11 13 24
Balance at Sep. 30, 2019 $ 133 255,737 (138,468) (1,558) 115,844 398 116,242
Balance (in shares) at Sep. 30, 2019 132,696,071            
Balance at Dec. 31, 2019 $ 150 282,554 (248,481) (664) 33,559 25,178 58,737
Balance (in shares) at Dec. 31, 2019 149,692,953            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share-based compensation   2,202     2,202   2,202
Common stock issuance for professional fee   240     240   240
Common stock issuance for professional fee (in shares) 429,000            
Common stock issuance for interest (ID Venturas)   21     21   21
Common stock issuance for interest (ID Venturas) (in shares) 29,766            
Common stock issuance for acquisition (DBOT) $ 11 6,737     6,748   6,748
Common stock issuance for acquisition of DBOT (in shares) 10,883,668            
Common stock issued for warrant exercised (YA II) $ 1 999     1,000   1,000
Common stock issued for warrant exercised (YA II) (in shares) 1,000,000            
Common stock issuance for convertible note (YA II) $ 1 592     593   593
Common stock issuance for convertible note (YA II) (in shares) 1,424,658            
Tree Technologies MPA adjustment           (11,454) (11,454)
Non-controlling shareholder contribution (DBOT)           100 100
Net income (loss)     (12,348)   (12,348) (378) (12,726)
Foreign currency translation adjustments, net of nil tax       (16) (16) 23 7
Balance at Mar. 31, 2020 $ 163 293,345 (260,829) (680) 31,999 13,469 45,468
Balance (in shares) at Mar. 31, 2020 163,460,045            
Balance at Dec. 31, 2019 $ 150 282,554 (248,481) (664) 33,559 25,178 58,737
Balance (in shares) at Dec. 31, 2019 149,692,953            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss)             (47,765)
Foreign currency translation adjustments, net of nil tax             1,639
Balance at Sep. 30, 2020 $ 239 362,346 (295,693) 290 67,182 13,320 80,502
Balance (in shares) at Sep. 30, 2020 238,871,366            
Balance at Mar. 31, 2020 $ 163 293,345 (260,829) (680) 31,999 13,469 45,468
Balance (in shares) at Mar. 31, 2020 163,460,045            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share-based compensation   3,394     3,394   3,394
Common stock issuance for professional fee $ 1 308     309   309
Common stock issuance for professional fee (in shares) 515,942            
Common stock issuance for convertible note (ID Venturas) $ 9 4,608     4,617   4,617
Common stock issuance for convertible note (ID Venturas) (in shares) 8,751,506            
Common stock issuance for acquisition (DBOT)   293     293   293
Common stock issuance for acquisition of DBOT (in shares) 459,180            
Common stock issued for warrant exercised (YA II) $ 2 2,498     2,500   2,500
Common stock issued for warrant exercised (YA II) (in shares) 1,666,667            
Common stock issuance for option exercised (in shares) 23,223            
Common stock issuance for convertible note (YA II) $ 10 5,073     5,083   5,083
Common stock issuance for convertible note (YA II) (in shares) 9,739,021            
Common stock issuance for financing (SEDA) $ 34 32,466     32,500   32,500
Common stock issuance for financing (SEDA) (in shares) 34,473,719            
Tree Technologies MPA adjustment           (131) (131)
Common stock issuance for convertible note conversion (Mr. McMahon) $ 5 2,995     3,000   3,000
Common stock issuance for convertible note conversion (Mr. McMahon) (in shares) 5,084,746            
Common stock issuance for convertible note conversion (SSSIG) $ 3 1,565     1,568   1,568
Common stock issuance for convertible note conversion (SSSIG) (in shares) 2,656,361            
Common stock issuance for debt (SSSIG) $ 3 1,515     1,518   1,518
Common stock issuance for debt (SSSIG) (in shares) 2,577,876            
Common stock issuance for debt $ 2 795     797   797
Common stock issuance for debt (in shares) 2,000,000            
Common stock issuance for RSU vested (in shares) 270,634            
Convertible notes conversion price reset (Mr. McMahon and SSSIG)   2,265     2,265   2,265
Convertible notes conversion price reset (YA II)   2,661     2,661   2,661
Convertible notes conversion price reset (ID Venturas)   817     817   817
Common stock issuance for warrants exercised (ID Venturas) $ 5 3,122     3,127   3,127
Common stock issuance for warrants exercised (ID Venturas) (in shares) 5,329,239            
Net income (loss)     (26,578)   (26,578) (133) (26,711)
Foreign currency translation adjustments, net of nil tax       172 172 104 276
Balance at Jun. 30, 2020 $ 237 357,720 (287,407) (508) 70,042 13,309 83,351
Balance (in shares) at Jun. 30, 2020 237,008,159            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share-based compensation   3,252     3,252   3,252
Common stock issuance for acquisition (DBOT) $ 2 1,031     1,033   1,033
Common stock issuance for acquisition of DBOT (in shares) 1,613,207            
Common stock and warrants issuance for professional fee   343     343   343
Common stock and warrants issuance for professional fee (in shares) 250,000            
Net income (loss)     (8,286)   (8,286) (547)  
Foreign currency translation adjustments, net of nil tax       798 798 558 1,356
Balance at Sep. 30, 2020 $ 239 $ 362,346 $ (295,693) $ 290 $ 67,182 $ 13,320 $ 80,502
Balance (in shares) at Sep. 30, 2020 238,871,366            
[1] 1 In 2018, the Company entered into a subscription agreement and amended agreements with SSSIG to purchase $1.1 million of Common Stock at the then market price. The Company has received $1.1 million in total in 2018 and issued 575,431 shares of common stock in June 2019.