Company: XTIA
Filing Date: 2025-05-19
Form Type: 10-Q
Source: 0001213900-25-045396
Chunk: 8

Company: XTI Aerospace, Inc.
Filing Date: 2025-05-19
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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)
  
    Net Cash (Used in) Provided by Investing Activities 
     (45) 
     2,958 

    Cash Provided by Financing Activities 

    Net proceeds from sale of common stock and pre-funded warrants via public offerings 
     21,651  
     — 
  
    Net proceeds from ATM stock offering 
     1,667  
     — 
  
    Net proceeds from the exercise of liability classified warrants 
     1  
     — 
  
    Net proceeds from promissory notes 
     —  
     378 
  
    Net proceeds from loan from Inpixon (prior to merger) 
     —  
     1,012 
  
    Redemption of Series 9 preferred stock 
     (1,427) 
     — 
  
    Repayments of promissory notes 
     (2,719) 
     — 
  
    Net Cash Provided by Financing Activities 
     19,173  
     1,390 

    Effect of Foreign Exchange Rate on Changes on Cash 
     17  
     (1)

    Net Increase in Cash and Cash Equivalents 
     3,903  
     1,796 

    Cash and Cash Equivalents - Beginning of period 
     4,105  
     5 

    Cash and Cash Equivalents - End of period 
    $8,008  
    $1,801 

    Supplemental Disclosure of cash flow information: 

    Cash paid for: 

    Interest 
    $281  
    $2 
  
    Income Taxes 
    $—  
    $4 

    Non-cash investing and financing activities 

    Common shares issued for conversion of debt and accrued interest 
    $750  
    $9,614 
  
    Issuance of common shares for merger consideration, net of cash received 
    $—  
    $22,637 
  
    Right-of-use asset obtained in exchange for lease liability 
    $—  
    $394 
  
    Capital contribution - forgiveness of related party payable 
    $—  
    $380 
  
    Series 9 preferred stock dividend accrued 
    $—  
    $61 

The accompanying notes are an integral part of
these Condensed Consolidated Financial Statements

7

XTI AEROSPACE, INC. AND SUBS