Company: XTIA
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112615
Chunk: 1

Company: XTI Aerospace, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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     6,703 
  
    Accrued interest 
     342  
     522 
  
    Customer deposits 
     1,350  
     1,350 
  
    Warrant liability 
     28,228  
     — 
  
    Operating lease obligation, current 
     98  
     119 
  
    Deferred revenue 
     737  
     532 
  
    Short-term debt 
     —  
     2,657 

    Total Current Liabilities 
     35,578  
     17,421 

    Long Term Liabilities 

    Long-term debt 
     —  
     65 
  
    Operating lease obligation, noncurrent 
     155  
     231 

    Total Liabilities 
     35,733  
     17,717 

    Commitments and Contingencies (Note 17) 

    Mezzanine Equity 

    Representative and placement agent warrants, net of issuance costs of $96 
     1,744  
     — 

    Stockholders’ Equity 

    Preferred Stock - $0.001 par value; 5,000,000 shares authorized, 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024 
     —  
     — 
  
    Series 4 Convertible Preferred Stock - 10,415 shares authorized; 1 share issued and outstanding as of September 30, 2025 and December 31, 2024 
     —  
     — 
  
    Series 5 Convertible Preferred Stock - 12,000 shares authorized; 126 shares issued and outstanding as of September 30, 2025 and December 31, 2024 
     —  
     — 
  
    Series 9 Preferred Stock - 20,000 shares authorized; 0 shares issued and outstanding as of September 30, 2025, and 11,302 shares issued and 1,331 shares outstanding as of December 31, 2024 
     —  
     1,331 
  
    Common Stock - $0.001 par value; 500,000,000 shares authorized; 30,861,816 shares issued and outstanding as of September 30, 2025 and 1,685