Business Context and Reporting Period
This Form 8-K is a current report filed by Inpixon (noted as XTI Aerospace in metadata, but identified as Inpixon in the filing text) on August 9, 2018. The report discloses the results of operations and financial condition for the quarter ended June 30, 2018, referencing a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2) furnished in connection with an earnings call.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced press release (Exhibit 99.1) and investor presentation (Exhibit 99.2), which are incorporated by reference but not detailed in the body of this 8-K.
- Revenue, Profit, Cash Flow, Margins: Not provided in the filing text; see Exhibit 99.1.
- Debt and Liquidity: Not provided in the filing text; see Exhibit 99.1.
Material Changes and Capital Structure
While specific operational changes are detailed in the exhibits, the filing discloses the following capital structure data as of the report date:
- Common Stock Outstanding: 43,842,968 shares (par value $0.001 per share).
- Series 4 Convertible Preferred Stock: 1,323.7309 shares outstanding.
- Conversion Potential: The Series 4 Preferred Stock may be converted into 7,440,871 shares of common stock.
Guidance, Outlook, and Risks
The filing includes a standard Regulation FD disclosure regarding the investor presentation. Management explicitly states that they undertake no duty or obligation to publicly update or revise the information contained in the report or the investor presentation, although they may do so as warranted. The information is intended to be considered in the context of other SEC filings and public announcements.
Investor Verification Checklist
- Verify the specific revenue and net income figures for the quarter ended June 30, 2018, by reviewing Exhibit 99.1 (Press Release).
- Review Exhibit 99.2 (Investor Slide Deck) for management's outlook and strategic updates.
- Confirm the total potential share count by adding the 7,440,871 convertible shares to the 43,842,968 outstanding common shares to assess dilution risk.
- Note that the financial data in this 8-K is not deemed "filed" for Section 18 liability purposes under the Exchange Act.