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edited by Asif Farooqui
on 2021/07/26 13:40
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edited by Asif Farooqui
on 2021/07/26 13:40
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9 9  * In  2018, the Company completed a spin-off of its then wholly owned subsidiary Sysorex, Inc.
10 10  * On January 7, 2020, the company effected a 1-for-45 reverse split of its outstanding common stock.
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13 13  = Overview =
14 14  
15 15  Inpixon (INPX) formed in Nevada in April 1999 is a world leader in indoor intelligence. The company's indoor location and data platforms and patented technologies empower users to harness the power of indoor data to create actionable intelligence. The company specialize in capturing, interpreting and visualizing indoor data to make indoor spaces smarter, safer and more secure.{{footnote}}https://www.inpixon.com/company?_ga=2.108997764.74207554.1610048132-1003211712.1610048132{{/footnote}}
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93 93  * Bluetooth Long-Range Sensor
94 94  * Footfall Counter XVS
95 95  
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96 +[[image:Inpixon3.jpg]]
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96 96  = Business Overview =
97 97  
98 98  Effective August 31, 2018, the Company completed a spin-off of its then wholly owned subsidiary Sysorex, Inc. and the associated infrastructure business and it is no longer a part of its reporting in the current year. For prior years’ the consolidated financial data, revenue and expense of Sysorex’s infrastructure business are shown as discontinued operations. The company's Indoor Intelligence products secure, digitize and optimize the interior of any premises with indoor positioning and data analytics that provide rich positional information, similar to a global positioning system, and browserlike intelligence for the indoors.{{footnote}}https://ir.inpixon.com/sec-filings/all-sec-filings/content/0001628280-21-006279/0001628280-21-006279.pdf{{/footnote}}
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156 156  Net loss attributable to stockholders for the year ended December 31, 2020 was $29.2 million compared to $34.0 million for the comparable period in the prior year. This decrease in loss of approximately $4.8 million was primarily attributable to the increase in operating expenses offset by the increase in gross margin and the decrease in the valuation allowance adjustment.
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159 159  = Recent developments =
160 160  
161 161  **Inpixon Reports First Quarter 2021 Financial Results**
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