XML 22 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Series E Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Ideanomics Shareholders' equity
Non- controlling Interest
Total
Balance at Dec. 31, 2016 [1] $ 7,155 $ 53,918 $ 152,792,855 $ (115,829,451) $ (1,371,498) $ 35,652,979 $ (5,325,481) $ 30,327,498
Balance (in shares) at Dec. 31, 2016 [1] 7,154,997 53,918,523            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation     1,305,829     1,305,829   1,305,829
Common stock issuance   $ 6,222 11,969,368     11,975,590   11,975,590
Common stock issuance (in shares)   6,221,778            
Common stock issuance for option exercised   $ 189 100,129     100,318   100,318
Common stock issuance for option exercised (in shares)   188,687            
Common stock issued for warrant exercised   $ 907 1,724,819     1,725,726   1,725,726
Common stock issued for warrant exercised (in shares)   907,390            
Common stock issued from conversion of series E preferred stock $ (7,155) $ 7,155            
Common stock issued from conversion of series E preferred stock (In shares) (7,154,997) 7,154,997            
Common stock issuance for RSU vested   $ 118 (118)          
Common stock issuance for RSU vested (in shares)   117,715            
Capital contribution from noncontrolling interest shareholder             490,000 490,000
Acquisition of Guang Ming [1]     444,060     444,060   444,060
Disposal of subsidiaries     (9,887,398) (360,522) (220,737) (10,468,657) 3,947,473 (6,521,184)
Net loss       (10,503,049)   (10,503,049) (357,268) (10,860,317) [2],[3]
Foreign currency translation adjustments, net of nil tax         810,161 810,161 (44,091) 766,070 [2]
Balance at Dec. 31, 2017   $ 68,509 158,449,544 (126,693,022) (782,074) 31,042,957 (1,289,367) 29,753,590
Balance (in shares) at Dec. 31, 2017 [1]   68,509,090            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation     3,412,977     3,412,977   3,412,977
Common stock issuance (GTD)   $ 5,494 9,994,506     10,000,000   10,000,000
Common stock issuance (GTD) (in shares)   5,494,505            
Common stock to be issued (SSSIG)     1,177,585     1,177,585   1,177,585
Common stock issuance (STAR)   $ 5,027 9,194,973     9,200,000   9,200,000
Common stock issuance (STAR) (in shares)   5,027,324            
Common stock issuance for option exercised   $ 82 27,960     28,042   28,042
Common stock issuance for option exercised (in shares)   82,797            
Common stock issued for warrant exercised   $ 644 1,125,856     1,126,500   1,126,500
Common stock issued for warrant exercised (in shares)   643,714            
Common stock issuance for RSU vested   $ 1,241 (1,241)          
Common stock issuance for RSU vested (in shares)   1,240,707            
Common stock issuance for acquisition (BDCG)   $ 3,000 7,797,000     7,800,000   7,800,000
Common stock issuance for acquisition (BDCG) (in shares)   3,000,000            
Common stock issuance for acquisition (DBOT)   $ 2,268 6,724,078     6,726,346   6,726,346
Common stock issuance for acquisition (DBOT) (in shares)   2,267,869            
Beneficial conversion feature of convertible note-long term     1,384,615     1,384,615   1,384,615
Earnout shares to SSSIG   $ 16,500 (16,500)          
Earnout shares to SSSIG (in shares)   16,500,000            
Acquisition resulting in non-controlling interest (Grapevine)             678,651 678,651
Disposal of subsidiaries     (3,491,777) 4,144,076 18,438 670,737 558,372 1,229,109
Net loss       (27,426,356)   (27,426,356) (996,728) (28,423,084)
Foreign currency translation adjustments, net of nil tax         (900,962) (900,962) 18,446 (882,516)
Balance at Dec. 31, 2018   $ 102,765 $ 195,779,576 $ (149,975,302) $ (1,664,598) $ 44,242,441 $ (1,030,626) $ 43,211,815
Balance (in shares) at Dec. 31, 2018   102,766,006            
[1] The above consolidated statements of equity include Guang Ming. The acquisition of Guang Ming was completed on April 4, 2018 and accounted for as a reorganization of entities under common control and as if it had been owned by the Company since November 10, 2016 in accordance with ASC Subtopic 805-50 (See Note 6 "Acquisition")
[2] The above consolidated statements of cash flows include Guang Ming. The acquisition of Guang Ming was completed on April 4, 2018 and accounted for as a reorganization of entities under common control and as if it had been owned by the Company since November 10, 2016 in accordance with ASC Subtopic 805-50 (See Note 6 "Acquisition")
[3] The above consolidated statements of operations include Guang Ming. The acquisition of Guang Ming was completed on April 4, 2018 and accounted for as a reorganization of entities under common control and as if it had been owned by the Company since November 10, 2016 in accordance with ASC Subtopic 805-50 (See Note 6 "Acquisition")