Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 331

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 331
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 6,039  
     345 
  
    Accrued interest 
     259  
     599 
  
    Deferred revenue 
     (435) 
     — 
  
    Operating lease obligation 
     (233) 
     — 

    Net Cash Used in Operating Activities 
    $(22,307) 
    $(4,181)

    Cash Flows Provided by (Used in) Investing Activities 

    Purchase of property and equipment 
    $(68) 
    $(3)
  
    Cash received in purchase of Inpixon 
     2,968  
     — 
  
    Purchase of intangible asset 
     (47) 
     (14)
  
    Net Cash Provided by (Used in) Investing Activities 
    $2,853  
    $(17)

    Cash From Financing Activities 

    Proceeds from sale of common stock and exercise of warrants 
     2  
     224 
  
    Net proceeds from ATM stock offerings 
     22,213  
     — 
  
    Net proceeds from issuance of promissory notes 
     2,000  
     125 
  
    Net proceeds from loan from Inpixon (prior to merger) 
     1,012  
     3,003 
  
    Net proceeds from issuance of convertible notes 
     —  
     750 
  
    Redemptions of Series 9 preferred stock 
     (795) 
     — 
  
    Repayments of debt 
     (868) 
     (14)
  
    Net Cash Provided by Financing Activities 
    $23,564  
    $4,088 

    Effect of Foreign Exchange Rate on Changes on Cash 
     (10) 
     — 

    Net Increase (Decrease) in Cash and Cash Equivalents 
     4,100  
     (110)

    Cash and Cash Equivalents - Beginning of year 
     5  
     115 

    Cash and Cash Equivalents - End of year 
    $4,105  
    $5 

    Supplemental Disclosure of cash flow information: 

    Cash paid for: 

    Interest 
    $61  
    $17 
  
    Income Taxes 
    $16  
    $— 

    Non-cash investing and financing activities 

    Common shares issued