XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENT OF EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Stock Issued for Converted Debt
Stock Issued for Warrant Exercises
At-The-Market Offering
Private Placement
Ideanomics Shareholders’ equity
Ideanomics Shareholders’ equity
Stock Issued for Converted Debt
Ideanomics Shareholders’ equity
Stock Issued for Warrant Exercises
Ideanomics Shareholders’ equity
At-The-Market Offering
Ideanomics Shareholders’ equity
Private Placement
Common Stock
Common Stock
Stock Issued for Converted Debt
Common Stock
Stock Issued for Warrant Exercises
Common Stock
At-The-Market Offering
Common Stock
Private Placement
Additional Paid-in  Capital
Additional Paid-in  Capital
Stock Issued for Converted Debt
Additional Paid-in  Capital
Stock Issued for Warrant Exercises
Additional Paid-in  Capital
At-The-Market Offering
Additional Paid-in  Capital
Private Placement
Retained Earnings/ (Accumulated Deficit)
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2019                     149,692,953                        
Beginning balance at Dec. 31, 2019 $ 58,737         $ 33,559         $ 150         $ 282,554         $ (248,481) $ (664) $ 25,178 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Share-based compensation 2,202         2,202                   2,202              
Common stock issuance for professional fees (in shares)                     429,000                        
Common stock issuance for professional fee 240         240                   240              
Common stock issuance for convertible notes (in shares)                     1,454,424                        
Common stock issuance for convertible note 614         614         $ 1         613              
Common stock issuance for acquisition (in shares)                     10,883,668                        
Common stock issuance for acquisition 6,748         6,748         $ 11         6,737              
Common stock issuance (in shares)                     1,000,000,000                        
Common stock issuance 1,000         1,000         $ 1         999              
Measurement period adjustment (11,454)                                           (11,454) [1]
Non-controlling shareholder contribution 100                                           100 [1]
Net income (loss) (12,726)         (12,348)                             (12,348)   (378) [1]
Foreign currency translation adjustments, net of nil tax 7         (16)                               (16) 23 [1]
Ending balance (in shares) at Mar. 31, 2020                     163,460,045                        
Ending balance at Mar. 31, 2020 45,468         31,999         $ 163         293,345         (260,829) (680) 13,469 [1]
Beginning balance (in shares) at Dec. 31, 2019                     149,692,953                        
Beginning balance at Dec. 31, 2019 58,737         33,559         $ 150         282,554         (248,481) (664) 25,178 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Common stock issuance (in shares)                             34,500,000                
Changes in fair value of available-for-sale securities 0                                            
Foreign currency translation adjustments, net of nil tax 283                                            
Ending balance (in shares) at Jun. 30, 2020                     237,008,159                        
Ending balance at Jun. 30, 2020 83,351         70,042         $ 237         357,720         (287,407) (508) 13,309 [1]
Beginning balance (in shares) at Mar. 31, 2020                     163,460,045                        
Beginning balance at Mar. 31, 2020 45,468         31,999         $ 163         293,345         (260,829) (680) 13,469 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Share-based compensation 3,394         3,394                   3,394              
Common stock issuance for professional fees (in shares)                     515,942                        
Common stock issuance for professional fee 309         309         $ 1         308             0 [1]
Common stock issuance for convertible notes (in shares)                       26,231,634 6,995,906                    
Common stock issuance for convertible note   $ 20,009 $ 5,628       $ 20,009 $ 5,628       $ 26 $ 7       $ 19,983 $ 5,621          
Common stock issued to settle debt (in shares)                     4,577,876                        
Common stock issued to settle debt 2,314         2,314         $ 5         2,309              
Common stock issuance for acquisition (in shares)                     459,180                        
Common stock issuance for acquisition 293         293                   293              
Common stock issuance (in shares)                             34,500,000                
Common stock issuance 32,502         32,502         $ 35         32,467              
Measurement period adjustment (131)                                           (131) [1]
Changes in fair value of available-for-sale securities 0                                            
Common stock issued under employee stock incentive plan (in shares)                     293,857                        
Net income (loss) [2] (26,711)         (26,578)                             (26,578)   (133) [1]
Foreign currency translation adjustments, net of nil tax 276         172                               172 104 [1]
Ending balance (in shares) at Jun. 30, 2020                     237,008,159                        
Ending balance at Jun. 30, 2020 83,351         70,042         $ 237         357,720         (287,407) (508) 13,309 [1]
Beginning balance (in shares) at Dec. 31, 2020                     344,861,295                        
Beginning balance at Dec. 31, 2020 193,022         186,584         $ 345         531,866         (346,883) 1,256 6,438 [3]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Share-based compensation 2,040         2,040                   2,040              
Common stock issuance for professional fees (in shares)                     440,909                        
Common stock issuance for professional fee 1,162         1,162                   1,162              
Common stock issuance for convertible notes (in shares)                     45,895,763                        
Common stock issuance for convertible note 140,126         140,126         $ 46         140,080              
Common stock issuance for acquisition (in shares)                     10,181,299                        
Common stock issuance for acquisition 32,377         32,377         $ 10         32,367              
Common stock issuance (in shares)                     17,615,534                        
Common stock issuance 53,407         53,407         $ 18         53,389              
Common stock issued under employee stock incentive plan (in shares)                     475,000                        
Common stock issued under employee stock incentive plan 251         251                   251              
Net income (loss) (854)         (574)                             (574)   (280) [3]
Foreign currency translation adjustments, net of nil tax (860)         (472)                               (472) (388) [3]
Ending balance (in shares) at Mar. 31, 2021                     419,469,800                        
Ending balance at Mar. 31, 2021 420,671         414,901         $ 419         761,155         (347,457) 784 5,770 [3]
Beginning balance (in shares) at Dec. 31, 2020                     344,861,295                        
Beginning balance at Dec. 31, 2020 193,022         186,584         $ 345         531,866         (346,883) 1,256 6,438 [3]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Common stock issuance (in shares)                             10,000,000.0                
Common stock issuance                             $ 27,300                
Changes in fair value of available-for-sale securities (20)                                            
Foreign currency translation adjustments, net of nil tax (901)                                            
Ending balance (in shares) at Jun. 30, 2021                     466,354,487                        
Ending balance at Jun. 30, 2021 543,680         538,236         $ 466         894,285         (357,245) 730 5,444 [3]
Beginning balance (in shares) at Mar. 31, 2021                     419,469,800                        
Beginning balance at Mar. 31, 2021 420,671         414,901         $ 419         761,155         (347,457) 784 5,770 [3]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Share-based compensation 2,007         2,007                   2,007              
Common stock issuance for professional fees (in shares)                     260,000                        
Common stock issuance for professional fee 656         656                   656              
Common stock issuance for acquisition (in shares)                     6,733,497                        
Common stock issuance for acquisition 21,127         21,127         $ 7         21,120              
Common stock issuance (in shares)                     34,473,719     25,301,190 10,000,000                
Common stock issuance       $ 74,347 $ 27,300       $ 74,347 $ 27,300       $ 25 $ 10       $ 74,322 $ 27,290      
Changes in fair value of available-for-sale securities (20)         (20)                               (20)  
Common stock issued under employee stock incentive plan (in shares)                     4,590,000                        
Common stock issued under employee stock incentive plan 7,740         7,740         $ 5         7,735              
Net income (loss) (10,107)         (9,788)                             (9,788)   (319) [3]
Foreign currency translation adjustments, net of nil tax (41)         (34)                               (34) (7) [3]
Ending balance (in shares) at Jun. 30, 2021                     466,354,487                        
Ending balance at Jun. 30, 2021 $ 543,680         $ 538,236         $ 466         $ 894,285         $ (357,245) $ 730 $ 5,444 [3]
[1] Excludes accretion of dividend for redeemable non-controlling interest.
[2] Excludes deemed dividend related to warrant repricing
[3] Excludes accretion of dividend for redeemable non-controlling interest.