Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 325

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 325
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     2,495 
  
    Related
    party payables 
     51  
     540 
  
    Accrued
    expenses and other current liabilities 
     6,703  
     1,127 
  
    Accrued
    interest 
     522  
     560 
  
    Customer
    deposits 
     1,350  
     1,350 
  
    Warrant
    liability 
     —  
     497 
  
    Operating
    lease obligation, current 
     119  
     — 
  
    Deferred
    revenue 
     532  
     — 
  
    Short-term
    debt 
     2,657  
     6,690 

    Total
    Current Liabilities 
     17,421  
     13,259 

    Long
    Term Liabilities 

    Long-term
    debt 
     65  
     18,546 
  
    Operating
    lease obligation, noncurrent 
     231  
     — 
  
    Other
    liabilities, noncurrent 
     —  
     333 

    Total
    Liabilities 
     17,717  
     32,138 

    Commitments
    and Contingencies (Note 19) 

    Stockholders’
    Equity 

    Preferred Stock - $0.001 par value; 5,000,000 shares authorized 

    Series 4 Convertible Preferred Stock - 10,415 shares authorized; 1 issued, and 1 outstanding as of December 31, 2024 and December 31, 2023, respectively. 
     —  
     — 
  
    Series 5 Convertible Preferred Stock - 12,000 shares authorized; 126 issued, and 126 outstanding as of December 31, 2024 and December 31, 2023, respectively. 
     —  
     — 
  
    Series 9 Preferred Stock - 20,000 shares authorized; 11,302 and 1,331 shares issued and outstanding as of December 31, 2024, and 0 shares issued and outstanding as of December 31, 2023 (Liquidation preference of $1,401,589) 
     1,331  
     — 
  
    Common Stock -