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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 25,186,000 $ 269,863,000
Accounts receivable, net 6,000,000 3,338,000
Contract assets 3,767,000 2,772,000
Amount due from related parties 534,000 266,000
Notes receivable from third parties 83,863,000 54,907,000
Notes receivable from related party 400,000 697,000
Inventory 29,530,000 6,159,000
Prepaid expenses 15,075,000 20,015,000
Other current assets 5,673,000 4,490,000
Total current assets 170,028,000 362,507,000
Property and equipment, net 10,170,000 2,905,000
Intangible assets, net 78,645,000 42,546,000
Goodwill 68,711,000 16,161,000
Operating lease right of use assets 16,835,000 12,827,000
Financing lease right of use assets 1,376,000 0
Long-term investments 23,319,000 35,588,000
Other non-current assets 1,235,000 903,000
Total assets 370,319,000 473,437,000
Current liabilities    
Accounts payable 22,782,000 6,674,000
Deferred revenue (including customer deposits of $2,681 and $3,163 as of September 30, 2022 and December 31, 2021, respectively) 3,540,000 5,392,000
Accrued salaries 7,916,000 8,957,000
Amount due to related parties 2,223,000 1,102,000
Other current liabilities 8,831,000 7,137,000
Current portion of operating lease liabilities 3,878,000 3,086,000
Current portion of financing lease liabilities 348,000 0
Current contingent consideration 767,000 648,000
Promissory note-short term 2,424,000 312,000
Convertible promissory note due to third-parties-short term 9,250,000 57,809,000
Total current liabilities 61,959,000 91,117,000
Promissory note-long term 1,559,000 0
Operating lease liability-long term 12,808,000 9,647,000
Financing lease liability-long term 1,253,000 0
Non-current contingent consideration 100,000 350,000
Deferred tax liabilities 7,972,000 5,073,000
Other long-term liabilities 770,000 620,000
Total liabilities 86,421,000 106,807,000
Commitments and contingencies (Note 19)
Convertible redeemable preferred stock and Redeemable non-controlling interest:    
Series A - 7,000,000 shares issued and outstanding, liquidation and deemed liquidation preference of $3,500,000 as of September 30, 2022 and December 31, 2021 1,262,000 1,262,000
Equity:    
Common stock - $0.001 par value; 1,500,000,000 shares authorized, 517,134,223 shares issued and outstanding as of September 30, 2022 and 497,272,525 and 344,861,295 shares issued and outstanding as of December 31, 2021, 517,000 497,000
Treasury Stock 4,639,000 0
Additional paid-in capital 980,232,000 968,066,000
Accumulated deficit (709,451,000) (605,758,000)
Accumulated other comprehensive income (13,162,000) 222,000
Total Ideanomics, Inc. shareholders' equity 262,775,000 363,027,000
Non-controlling interest 19,861,000 2,341,000
Total equity 282,636,000 365,368,000
Total liabilities, convertible redeemable preferred stock, redeemable non-controlling interest and equity $ 370,319,000 $ 473,437,000