secwatch.observer — SEC 8-K summary
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Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001213900-22-072190
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390022072190/0001213900-22-072190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390022072190/ea168500-8k_inpixon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-072190

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer