Company: XTIA
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112615
Chunk: 91

Company: XTI Aerospace, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 1
Chunk 91
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 was approximately $0.1 million.

Net cash flows provided by
investing activities during the nine months ended September 30, 2024 was approximately $2.9 million. Cash flows related to investing
activities during the nine months ended September 30, 2024 consist primarily of the cash assumed from Legacy Inpixon in connection with
the XTI Merger.

51

Cash Flows from Financing Activities for the
nine months ended September 30, 2025 and 2024

Net cash flows provided by
financing activities during the nine months ended September 30, 2025 was approximately $58.6 million. During the nine months ended September
30, 2025, the Company received incoming cash flows of $1.7 million from the now expired ATM, $57.1 million from the sale of common stock
and warrants via four public offerings, and $4.1 million from the exercise of warrants issued in connection with the public offerings.
During the nine months ended September 30, 2025, the Company paid $2.7 million to fully settle the two outstanding promissory note obligations
with Streeterville, paid $0.1 million to fully settle the outstanding SBA loan, and paid $1.4 million to redeem the remaining outstanding
Series 9 Preferred Stock.

Net cash flows provided by
financing activities during the nine months ended September 30, 2024 was approximately $11.9 million. During the nine months ended September
30, 2024, the Company received incoming cash flows of $9.6 million from the now expired ATM, $2.0 million from promissory notes issued
to Streeterville, and $1.0 million in proceeds from an existing promissory note arrangement with Legacy Inpixon. During the nine months
ended September 30, 2024, the Company repaid $0.7 million towards outstanding promissory notes.

Off-Balance Sheet Arrangements

We do not have any off-balance
sheet guarantees, interest rate swap transactions or foreign currency contracts. We do not engage in trading activities involving non-exchange
traded contracts.

Recently Issued Accounting Standards

For a discussion of recently
issued accounting pronouncements, please see Note 3 of the Notes to Condensed Consolidated Financial Statements included in Part I, Item
1 of this report.

Item 3. Quantitative and Qualitative Disclosures
About Market Risk

Not applicable.

Item 4.