Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 602

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 602
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TI Merger, the Company’s
operations are located primarily in the United States, Germany, and the United Kingdom. Revenues by geographic area are attributed by
country of domicile of our subsidiaries. The financial data by geographic area are as follows (in thousands):

    United  
       
    United  

    States  
    Germany  
    Kingdom  
    Eliminations  
    Total 
  
    For the Year Ended
    December 31, 2024: 

    Revenues
    by geographic area 
    $1,066  
    $2,553  
    $—  
    $(417) 
    $3,202 
  
    Operating income (loss)
    by geographic area 
    $(32,249) 
    $(4,731) 
    $—  
    $—  
    $(36,980)
  
    Net income (loss) by
    geographic area 
    $(30,892) 
    $(4,711) 
    $—  
    $—  
    $(35,603)
  
    For
    the Year Ended December 31, 2023: 

    Revenues by geographic
    area 
    $—  
    $—  
    $—  
    $—  
    $— 
  
    Operating income (loss)
    by geographic area 
    $(7,589) 
    $—  
    $—  
    $—  
    $(7,589)
  
    Net income (loss) by
    geographic area 
    $(25,066) 
    $—  
    $—  
    $—  
    $(25,066)
  
    As
    of December 31, 2024: 

    Identifiable assets by
    geographic area 
    $44,198  
    $19,763  
    $11  
    $(39,681) 
    $24,291 
  
    Long lived assets by
    geographic area 
    $1,053  
    $1,377  
    $—  
    $—  
    $2,430 
  
    Goodwill by geographic
    area 
    $3,142  
    $8,930  
    $—  
    $—  
    $12,072 
  
    As
    of December 31, 2023: