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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 21,929 $ 269,863
Accounts receivable, net 5,855 3,338
Contract assets 3,579 2,772
Amount due from related parties 899 266
Notes receivable from third parties, net 31,653 54,907
Notes receivable from related party 0 697
Inventory 28,246 6,159
Prepaid expenses 13,341 20,015
Other current assets 8,536 4,490
Total current assets 114,038 362,507
Property and equipment, net 9,072 2,905
Intangible assets, net 52,768 42,546
Goodwill 37,775 16,161
Operating lease right of use assets 15,979 12,827
Financing lease right of use assets 1,565 0
Long-term investments 10,284 35,588
Other non-current assets 1,320 903
Total assets 242,801 473,437
Current liabilities    
Accounts payable 29,699 6,674
Deferred revenue (including customer deposits of $2,280 and $3,163 as of December 31, 2022 and 2021, respectively) 2,749 5,392
Accrued salaries 9,848 8,957
Amount due to related parties 2,376 1,102
Other current liabilities 13,676 7,137
Current portion of operating lease liabilities 4,082 3,086
Current portion of financing lease liabilities 345 0
Current contingent consideration 867 648
Promissory note due to related party-short term 2,021 0
Promissory note due to third parties-short term 7,270 312
Convertible promissory note due to third-parties 3,928 57,809
Total current liabilities 76,861 91,117
Promissory note-long term 1,957 0
Operating lease liability-long term 12,273 9,647
Financing lease liabilities-long term 1,188 0
Non-current contingent liabilities 0 350
Deferred tax liabilities 3,000 5,073
Other long-term liabilities 959 620
Total liabilities 96,238 106,807
Commitments and contingencies (Note 19)
Equity:    
Common stock - $0.001 par value; 1,500,000,000 shares authorized, 598,286,221 and 497,272,525 shares issued and outstanding as of December 31, 2022 and 2021, respectively 597 497
Additional paid-in capital 1,004,082 968,066
Accumulated deficit (866,450) (605,758)
Accumulated other comprehensive (income) loss (6,104) 222
Total Ideanomics, Inc. shareholder's equity 132,125 363,027
Non-controlling interest 4,326 2,341
Total equity 136,451 365,368
Total liabilities, convertible redeemable preferred stock and equity 242,801 473,437
Series A Preferred Stock    
Convertible redeemable preferred stock:    
Series A - 7,000,000 shares issued and outstanding, liquidation and deemed liquidation preference of $3,500,000 as of December 31, 2022 and 2021, respectively 1,262 1,262
Series B Preferred Stock    
Convertible redeemable preferred stock:    
Series A - 7,000,000 shares issued and outstanding, liquidation and deemed liquidation preference of $3,500,000 as of December 31, 2022 and 2021, respectively $ 8,850 $ 0