XML 68 R51.htm IDEA: XBRL DOCUMENT
v3.23.3

IntraNav Acquisition (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2023 | Dec. 31, 2022
IntraNav Acquisition [Abstract] |  |
Schedule of Purchase Price Allocations Relating to the Acquisition |  | The Acquisition is being accounted for as a business combination in accordance with ASC 805. The Company has determined the fair values of the assets acquired and liabilities assumed in the Acquisition. The Company has made the allocation of the purchase price of the Acquisition to the assets acquired and the liabilities assumed as of the purchase date. The following table summarizes the purchase price allocations relating to the Acquisition:
Cash Considerations (EUR) |  | € | 1,000,000
Less: IntraNav’s indebtedness in excess of EUR 150,000 |  |  | —
Total Purchase Price (EUR) |  | € | 1,000,000
Total Purchase Price (USD) – at 1.13249 USD per EUR |  | $ | 1,132,490
Schedule of Assets Acquired | The following table summarizes certain assets and liabilities of discontinued operations:
|  | As of December 31, 2022
Current Assets of Discontinued Operations |  |  |
Cash and cash equivalents |  | $ | 10,000
Accounts receivable |  |  | 1,338
Prepaid expenses and other current assets |  |  | 923
Current Assets of Discontinued Operations |  | $ | 12,261
Long Term Assets of Discontinued Operations |  |  |
Property and equipment, net |  | $ | 202
Operating Lease Right-of-Use Asset, net |  |  | 681
Software development costs, net |  |  | 487
Intangible assets, net |  |  | 19,289
Other Assets |  |  | 52
Long Term Assets of Discontinued Operations |  | $ | 20,711
Current Liabilities of Discontinued Operations |  |  |
Accounts payable |  | $ | 1,054
Accrued liabilities |  |  | 1,736
Operating lease obligation, current |  |  | 266
Deferred revenue |  |  | 2,162
Current Liabilities of Discontinued Operations |  | $ | 5,218
Long Term Liabilities of Discontinued Operations |  |  |
Operating lease obligation, noncurrent |  | $ | 444
Other Liabilities, noncurrent |  |  | 28
Long Term Liabilities of Discontinued Operations |  | $ | 472
|  | Fair Value Allocation
Assets acquired: |  |  |
Cash and cash equivalents |  | $ | 109
Accounts receivable |  |  | 110
Prepaid expenses and other current assets |  |  | 135
Inventory |  |  | 844
Right of use asset |  |  | 312
Property, plant, and equipment |  |  | 30
Other assets |  |  | 113
Tradename & trademarks |  |  | 168
Proprietary technology |  |  | 507
Customer relationships |  |  | 197
Goodwill |  |  | 482
Total assets acquired |  | $ | 3,007
Liabilities assumed: |  |  |
Accounts payable |  |  | 2
Accrued liabilities |  |  | 413
Lease liabilities – current |  |  | 54
Lease liabilities – noncurrent |  |  | 231
Payable to new parent |  |  | 391
Deferred revenue |  |  | 784
Total liabilities assumed |  |  | 1,875
Estimated fair value of net assets acquired: |  | $ | 1,132
Schedule of Acquisition Related Costs Acquisition |  | Total acquisition-related costs for the Acquisition incurred during the year ended December 31, 2021, was $209,036, and is included in selling, general and administrative expense in the Company’s consolidated statements of operations. The following table details the acquisition related costs for the Acquisition:
Accounting fees |  | $ | 10
Legal fees |  |  | 199
Total acquisition costs |  | $ | 209

X
- References No definition available. + Details
Name: | inpx_MergersAcquisitionsAndDispositionsDisclosuresAcquisition5Abstract
Namespace Prefix: | inpx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Business Acquisitions, Acquisition Related Costs, by Acquisition + References No definition available. + Details
Name: | inpx_ScheduleOfBusinessAcquisitionsAcquisitionRelatedCostsByAcquisitionTableTextBlock
Namespace Prefix: | inpx_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | inpx_ScheduleOfPurchasePriceAcquisitionToTheAssetsAcquiredAndLiabilities
Namespace Prefix: | inpx_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration