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Accrued Liabilities | 3 Months Ended
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Mar. 31, 2023
Payables and Accruals [Abstract] |
Accrued Liabilities | NOTE 9 – Accrued Liabilities Accrued liabilities consisted of the following (in thousands):
Schedule of accrued Liabilities |  |  |  |  |  |  |  |
|  | Successor |  |  | Predecessor |
|  | March 31, 2023 |  |  | December 31, 2022 |
Insurance premiums and accrued interest |  | $ | 538 |  |  | $ | - |
Related party promissory note |  |  | 20 |  |  |  | - |
Income tax payables |  |  | 57 |  |  |  | - |
Related party payable |  |  | 1,155 |  |  |  | - |
Accrued compensation and benefits |  |  | 650 |  |  |  | 586 |
Accrued bonus and commissions |  |  | 192 |  |  |  | 422 |
Accrued rent |  |  | 3 |  |  |  | 559 |
Accrued other |  |  | 561 |  |  |  | 83 |
Accrued sales and other indirect taxes payable |  |  | 6 |  |  |  | 86 |
Accrued liabilities |  | $ | 3,182 |  |  | $ | 1,736 |
Financed Director & Officers Insurance The Company entered into a Directors & Officers (“D&O”) insurance agreement with Oakwood D&O Insurance, effective on March 14, 2023. The agreement states that the Company will pay a total of $671 thousand in premiums at an annual percentage rate of 8%. The first of nine monthly separate installment payments begin on April 14, 2023. The Company paid a down payment on the policy of $134 thousand. As of March 31, 2023 (Successor) the Company currently owes $538 thousand on the D&O insurance policy. Related Party Liabilities As of March 31, 2023, the Company’s related party liabilities consisted of a promissory note payable to the KINS sponsor in the amount of $20 thousand for working capital. As of March 31, 2023, accrued liabilities include an estimate of approximately $1,045 thousand due to Inpixon by CXApp resulting from an agreement to reimburse Inpixon (subject to review and acceptance by the Company) for certain transaction related costs incurred by Inpixon on behalf of KINS prior to March 14, 2023. This amount is subject to an ongoing review and evaluation by the Company. Additionally, as of March 31, 2023, accrued liabilities include (i) $30 thousand for estimated costs related to transition services provided by Inpixon to CXApp and (ii) $80 thousand of reimbursable expenses incurred by Inpixon on behalf of CXApp during the period from March 15, 2023 to March 31, 2023. In connection with a distribution of CXApp securities by KINS Capital LLC, Inpixon is entitled to acquire 2,500,000 CXApp Private Placement Warrants, which reflects Inpixon’s existing indirect interests in CXApp.

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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