v3.26.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets [Abstract]  
Schedule of Goodwill

The following table summarizes the changes in the carrying amount of Goodwill for the year ended December 31, 2025 (in thousands):

 

   Inpixon
Business
(Discontinued)
   UAS –
Drone Nerds
(Continuing)
 
Beginning balance - January 1, 2024  $
   $
 
Goodwill recognized in connection with XTI Merger   12,398    
 
Foreign currency translation adjustment   (326)   
 
Ending balance – December 31, 2024   12,072    
 
Goodwill recognized in connection with Drone Nerds acquisition   
    11,544 
Foreign currency translation adjustment   1,132    
 
Impairment   (9,895)   
 
Ending balance – December 31, 2025  $3,309   $11,544 
Schedule of Intangible Assets The following table presents intangible assets associated with continuing operations.
   December 31, 2025 
   Gross
Amount
   Accumulated
Amortization
   Impairment   Net
Carrying
Amount
   Remaining
Weighted
Average
Useful Life
as of
December 31,
2025
 
Patents  $468   $(207)  $
       —
   $261    8.8 
Trade Names / Trademarks   4,000    (43)   
    3,957    12.9 
Customer Relationships   5,200    (80)   
    5,120    8.9 
Total  $9,668   $(330)  $
   $9,338      

 

   December 31, 2024 
   Gross
Amount
   Accumulated
Amortization
   Impairment   Net
Carrying
Amount
   Remaining
Weighted
Average
Useful
Life as of December 31,
2024
 
Patents  $468   $(184)  $         $284    9.8 
Total  $468   $(184)  $ 
   $284    9.8 
Schedule of Intangible Assets Future Amortization

Future amortization expense related to intangible assets associated with continuing operations is estimated as follows (in thousands):

 

For the Years Ending December 31,  Amount 
2026  $916 
2027   916 
2028   916 
2029   916 
2030 and thereafter   5,674 
Total  $9,338