Inpixon (NASDAQ:INPX) Q1 2020 Earnings Conference Call - Final Transcript

May 11, 2020 • 04:30 pm ET


Inpixon (NASDAQ:INPX) Q1 2020 Earnings Conference Call - Final Transcript


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Good day, ladies and gentlemen, and welcome to your Inpixon First Quarter 2020 Conference Call. [Operator Instructions]. As a reminder, today's call is being recorded. At this time, it is my pleasure to turn the floor over to David Waldman. Sir, the floor is yours.

David Waldman

Good afternoon, and welcome to the Inpixon earnings conference call for the 3 months ended March 31, 2020. [Operator Instructions]. I'm sorry. Thank you for joining today's call to discuss the corporate developments and financial results for the 3 months ended March 31, 2020.

With us today are Nadir Ali, the company's CEO; and Wendy Loundermon, the company's Chief Financial Officer. Today, Inpixon released financial results for the 3 months ended March 31, 2020. If you have any-- if you have not received Inpixon's earnings release, please visit the company's Investor Relations page at During the course of this conference call, the company will be making forward-looking statements. The company cautions you that any statement that is not a statement of historical fact is a forward-looking statement. This includes any projections of earnings, revenues, cash or other statements relating to the company's future financial results, any statements about plans, strategies or objectives of management for future operations, any statements regarding completed or planned acquisitions or strategic partnerships and the anticipated impact of those transactions on our business, any statements concerning proposed new products or solutions, any statements regarding anticipated new customers, relationships or agreements, any statements regarding expectations for the success of the company's products in the U.S. and international markets, any statements regarding future economic conditions or performance, including, but not limited to, the impact of COVID-19 on our operations, any statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations and assumptions as of the date of this conference call and are subject to numerous risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

Some of these risks are described in the section of today's press release titled Cautionary Note on forward-looking statements and the public periodic reports the company files with the Securities and Exchange Commission. Investors or potential investors should read these risks. Inpixon assumes no obligation to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so.

In addition, to supplement the GAAP numbers, the company has provided non-GAAP adjusted net loss and net loss per share information in addition to non-GAAP adjusted EBITDA information. The company believes that these non-GAAP numbers provide meaningful supplemental information and are helpful in assessing our historical and future performance. A table reconciling the GAAP information to the non-GAAP information is included in the company's financial release.

I'll now turn the call over to Nadir Ali, Inpixon's CEO. Please go ahead.

Nadir Ali

Thank you, David, and good afternoon, everyone. First, I'd like to thank everyone for taking the time to join our conference call today, especially during this challenging