Inpixon Q3 revenue $4.2M (-6% YoY); enterprise apps sale valued at $69M

XTI Aerospace, Inc.

2022-Q3 EPS reported -$31.08 revenue$14,133,000

Q3 2022 revenue $4.2M, down 6% YoY; nine-month revenue $14.1M, up 30% YoY.
Q3 net loss attributable to stockholders $17.6M, improved from $33.6M loss in prior-year quarter.
Non-GAAP adjusted EBITDA loss of $8.2M in Q3 vs $6.7M loss a year earlier.
Recorded a $7.6M goodwill impairment during the nine months ended September 30, 2022.
Definitive agreement to spin off and sell enterprise apps business to KINS Technology Group for ~$69M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

XTI Aerospace, Inc. reported third quarter ended September 30, 2022 results: revenue $4.2 million, net income $17.6 million.

Period: third quarter ended September 30, 2022
Revenue: $4.2 million
Net income: $17.6 million
Result: reported results

Exact text from the filing

Revenues for the three and nine months ended September 30, 2022 were $4.2 million and $14.1 million, respectively

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

XTI Aerospace, Inc. reported nine months ended September 30, 2022 results: revenue $14.1 million, net income $48.7 million.

Period: nine months ended September 30, 2022
Revenue: $14.1 million
Net income: $48.7 million
Result: reported results

Exact text from the filing

Intelligence business lines for continued growth and long-term success.” Financial Results Revenues for the three and nine months ended September 30, 2022 were $4.2 million and $14.1 million, respectively, compared to $4.5 million and $10.9 million for the comparable periods in the prior year for a decrease of approximately 6% and an increase of approximately 30%,

View on SEC.gov

Browse all earnings releases →

XTI Aerospace, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-072190

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.