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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Sep. 30, 2023
Current assets    
Cash $ 2,993 $ 89
Accounts receivable, net 461 53
Inventory 361 319
Prepaid expenses and other current assets 633 369
Total current assets 4,448 830
Property and equipment, net 1,763 1,859
Intangible assets, net 11,151 5,287
Goodwill 10,759 5,217
Operating lease right-of-use assets 946 1,030
Deferred transaction costs 4,125
Other assets 430 400
Total assets 29,497 18,748
Current liabilities    
Accounts payable 6,693 8,995
Accrued expenses and other current liabilities 7,036 4,519
Deferred purchase consideration 803
Notes payable 400 1,286
Simple agreements for future equity (“SAFEs”) 1,512
Operating lease liabilities, current 332 318
Total current liabilities 18,027 20,423
Earnout liability 3,621
PIPE make-whole liability 1,639
Deferred tax liability 176 86
Operating lease liabilities, noncurrent 1,109 1,280
Other noncurrent liabilities 772
Total liabilities 25,344 21,789
Commitments and contingencies (Note 14)
Stockholders’ equity (deficit)    
Additional paid-in capital 89,394 78,421
Accumulated deficit (85,241) (83,762)
Total stockholders’ equity (deficit) 4,153 (5,341)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) 29,497 18,748
Related Party    
Current liabilities    
Notes payable – related parties 2,763 3,793
Founders Convertible Preferred Stock    
Redeemable convertible preferred stock    
Convertible Preferred Stock
Series A Convertible Preferred Stock    
Redeemable convertible preferred stock    
Convertible Preferred Stock 2,300
Legacy Mobix Common Stock    
Stockholders’ equity (deficit)    
Common stock, value
Class A Common Stock    
Stockholders’ equity (deficit)    
Common stock, value
Class B Common Stock    
Stockholders’ equity (deficit)    
Common stock, value