---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-067011"
form_type: "8-K"
ticker: "XTIA"
cik: "0001529113"
company_name: "XTI Aerospace, Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T10:55:57.240133+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Inpixon Q2 revenue down 19% YoY to $2.1M; merger with XTI Aircraft expected Q4 2023

## Summary
- Q2 2023 revenue $2.1M, down from $2.6M YoY; net loss from continuing ops $7.33M vs $8.97M.
- Non-GAAP Adjusted EBITDA loss $5.0M, improved from $5.2M loss in prior year quarter.
- Gross margin improved to 81% vs 67% YoY; cash and equivalents $15.7M as of June 30.
- Definitive merger with XTI Aircraft; over 700 conditional pre-orders valued at ~$7.1B potential.
- Business update presentation with XTI management to be held August 14 at 4:30 p.m. ET.

## SEC filing metadata
- accession: 0001213900-23-067011
- form_type: 8-K
- ticker: XTIA
- cik: 0001529113
- company_name: XTI Aerospace, Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529113/000121390023067011/0001213900-23-067011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529113/000121390023067011/ea183474-8k425_inpixon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-067011
- JSON: https://secwatch.observer/filing/0001213900-23-067011.json
- Plain text: https://secwatch.observer/filing/0001213900-23-067011.txt

## Key facts
- Earnings Releases
  XTI Aerospace, Inc. reported second quarter ended June 30, 2023 results: revenue $2.1 million and $5.2 million, respectively, net income $7.33 million, EPS loss of $0.18 and $0.79, respectively.
  - Period: second quarter ended June 30, 2023
  - Revenue: $2.1 million and $5.2 million, respectively
  - Net income: $7.33 million
  - EPS: loss of $0.18 and $0.79, respectively
  - Result: reported results
  source text: program for the TriFan, secure FAA certification, and deliver the aircrafts. inpixon.com 1 Financial Results Revenues for the three and six months ended June 30, 2023 were $2.1 million and $5.2 million, respectively, compared to $2.6 million and $5.2 million, respectively, for the comparable periods in the prior year. This quarter-over-quarter decrease was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529113/000121390023067011/0001213900-23-067011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.