Company: XTIA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076767
Chunk: 163

Company: XTI Aerospace, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 163
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 631 
  
    Other expenses(1) 
     105  
     16  
     31  
     152 
  
    Total operating expenses 
     8,319  
     3,540  
     10,491  
     22,350 
  
    Loss from operations 
    $(7,501) 
    $(3,540) 
    $(10,491) 
    $(21,532)

  (1) Other expenses include amortization of intangibles. 

    Three Months Ended June 30, 2024 

    Industrial  
    Commercial  
    Unallocated  

    IoT  
    Aviation  
    Costs  
    Total 
  
    Revenue 
    $1,031  
    $—  
    $—  
    $1,031 
  
    Cost of revenues 
     369  
     —  
     —  
     369 
  
    Gross Profit 
     662  
     —  
     —  
     662 
  
    Operating expenses 

    Research and development 
     625  
     523  
     —  
     1,148 
  
    Sales and marketing 
     591  
     86  
     160  
     837 
  
    General and administrative 
     626  
     519  
     11,267  
     12,412 
  
    Other
    expenses(1) 
     132  
     25  
     35  
     192 
  
    Total operating expenses 
     1,974  
     1,153  
     11,462  
     14,589 
  
    Loss from operations 
    $(1,312) 
    $(1,153) 
    $(11,462) 
    $(13,927)

    Six Months Ended June 30, 2024 

    Industrial  
    Commercial  
    Unallocated  

    IoT  
    Aviation  
    Costs  
    Total 
  
    Revenue 
    $1,251  
    $—  
    $—  
    $1,251 
  
    Cost of revenues 
     448  
     —  
     —  
     448 
  
    Gross Profit 
     803