Company: XTIA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076767
Chunk: 9

Company: XTI Aerospace, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 Related party payables 
     (51) 
     — 
  
    Accrued expenses and other current liabilities 
     (4,905) 
     6,494 
  
    Accrued interest 
     67  
     86 
  
    Deferred revenue 
     376  
     (354)
  
    Operating lease obligation 
     (75) 
     (94)

    Net Cash Used in Operating Activities 
     (21,983) 
     (8,190)

    Cash Flows (Used in) Provided by Investing Activities 

    Purchase of property and equipment 
     (103) 
     (18)
  
    Cash received in purchase of Inpixon 
     —  
     2,968 
  
    Purchase of intangible asset 
     —  
     (39)
  
    Net Cash (Used in) Provided by Investing Activities 
     (103) 
     2,911 

    Cash Provided by Financing Activities 

    Net proceeds from sale of common stock and pre-funded warrants via public offerings 
     36,396  
     — 
  
    Net proceeds from ATM stock offering 
     1,667  
     8,547 
  
    Net proceeds from the exercise of equity classified warrants 
     —  
     2 
  
    Net proceeds from the exercise of liability classified warrants 
     3,771  
     — 
  
    Net proceeds from promissory notes 
     —  
     2,000 
  
    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) 
     (502)
  
    Net Cash Provided by Financing Activities 
     37,688  
     11,059 

    Effect of Foreign Exchange Rate on Changes on Cash 
     339  
     (6)

    Net Increase in Cash and Cash Equivalents 
     15,941  
     5,774 

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

    Cash and Cash Equivalents - End of period 
    $20