v3.24.1.u1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Sep. 30, 2023
Sep. 30, 2022
Current assets      
Cash $ 14,796 $ 89 $ 178
Accounts receivable, net 302 53 444
Receivable for issuance of common stock   117
Inventory 422 319 570
Prepaid expenses and other current assets 349 369 667
Total current assets 15,869 830 1,976
Property and equipment, net 1,858 1,859 1,763
Intangible assets, net 11,550 5,287 6,128
Goodwill 10,759 5,217 5,217
Operating lease right-of-use assets 990 1,030
Deferred transaction costs 4,125
Other assets 430 400 400
Total assets 41,456 18,748 15,484
Current liabilities      
Accounts payable 6,000 8,995 5,095
Accrued expenses and other current liabilities 8,545 4,519 2,753
Deferred purchase consideration 1,622  
Loss contingency   8,434
Notes payable 1,503 1,286
Simple agreements for future equity (“SAFEs”) 1,512 1,983
Operating lease liabilities, current 325 318
Total current liabilities 21,444 20,423 21,958
Earnout liability 8,795  
PIPE make-whole liability 4,975  
Convertible notes, noncurrent   625
Deferred tax liability 192 86 20
Operating lease liabilities, noncurrent 1,196 1,280
Total liabilities 37,090 21,789 22,603
Other noncurrent liabilities 488  
Commitments and contingencies  
Stockholders’ deficit      
Common stock, value  
Additional paid-in capital 87,193 78,421 34,722
Accumulated deficit (82,827) (83,762) (44,141)
Total stockholders’ equity (deficit) 4,366 (5,341) (9,419)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) 41,456 18,748 15,484
Redeemable Convertible Preferred Stock      
Redeemable convertible preferred stock      
Convertible Preferred Stock
Series A Convertible Preferred Stock      
Redeemable convertible preferred stock      
Convertible Preferred Stock 2,300 2,300
Legacy Mobix Common Stock      
Stockholders’ deficit      
Common stock, value  
Class A Common Stock      
Stockholders’ deficit      
Common stock, value  
Class B Common Stock      
Stockholders’ deficit      
Common stock, value  
Related Party      
Current liabilities      
Notes payable – related parties $ 3,449 $ 3,793 $ 3,693