Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 328

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 328
---
 2023 
  
    Net
    Loss 
    $(35,603) 
    $(25,066)
  
    Unrealized
    foreign exchange loss from cumulative translation adjustments 
     (622) 
     — 

    Comprehensive
    Loss 
    $(36,225) 
    $(25,066)

The
accompanying notes are an integral part of these consolidated financial statements

F-7

XTI
AEROSPACE, INC. AND SUBSIDIARIES 

CONSOLIDATED
STATEMENTS OF CHANGES STOCKHOLDERS’ EQUITY (DEFICIT)

FOR
THE YEARS ENDED December 31, 2024 and 2023

(In
thousands, except share data)

    Series 9
Preferred
Stock at  

    Accumulated  
       
    Total 

    Redemption

    Value  
    Common
    Stock  
    Additional
                                                                  Paid-In  
    Other
                                                                  Comprehensive  
    Accumulated  
    Stockholders’
Equity 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Loss  
    Deficit  
    (Deficit) 
  
    Balance
    - January 1, 2024 
     —  
    $—  
     12,791  
    $—  
    $26,330  
    $—  
    $(57,959) 
    $(31,629)
  
    Common
    and preferred shares issued via merger 
     11,302  
     11,302  
     8,303  
     —  
     14,303  
     —  
     —  
     25,605 
  
    Common
    shares issued for net cash proceeds of ATM offering 
     —  
     —  
     998,447  
     1  
     22,341  
     —  
     —  
     22,342 
  
    Common
    shares issued as settlement of accrued compensation 
     —  
     —  
     193,716  
     —  
     4,398  
     —  
     —  
     4,398 
  
    Common shares issued
    as prepayment of services 
     —