Overview
- IndustryMotor Vehicles & Passenger Car Bodies1
- HeadquartersNew York, New York1
- Incorporated inNV2
- Business address1441 Broadway, 5Th Floor, Suite#5116, New York, Ny 100182
- Filer categoryNon-accelerated filer, Smaller reporting company2
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Ideanomics is an American company, headquartered in New York. Ideanomics has a clear mission – to accelerate the commercial adoption of electric vehicles.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Research and development10¢$10.2M
- Selling, general and admin81¢$83.8M
- Interest4¢$4.3M
- Income tax5¢$5.2M
Out of $15.5M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $144.3M5 | $377.7M6 | $44.6M7 | $26.8M8 | $114.1M8 | $19.0M4 | $15.5M4 |
| Cost of revenue | $137.2M5 | ||||||
| Gross profit | $7.2M9 | $3.2M6 | $43.1M7 | $2.1M8 | $23.2M8 | -$3.4M4 | -$2.7M4 |
| Research and development | $406.8K9 | $1.7M6 | $07 | $1.6M8 | $760.0K8 | $3.8M4 | $10.2M4 |
| Selling, general and admin | $13.1M9 | $22.5M6 | $24.9M7 | $44.9M8 | $107.5M8 | $113.6M4 | $83.8M4 |
| Operating expenses | $282.8M8 | $209.3M4 | $214.7M4 | ||||
| Operating income | -$10.1M9 | -$26.2M6 | -$68.6M7 | -$95.6M8 | -$259.6M8 | -$212.6M4 | -$217.5M4 |
| Interest | $94.6K9 | $804.6K6 | $5.7M7 | $16.1M8 | $2.1M8 | $2.9M4 | $4.3M4 |
| Income before tax | -$257.0M7 | -$200.5M4 | -$210.1M4 | ||||
| Income tax | -$40.2K6 | $417.0K7 | -$3.3M8 | -$11.8M8 | -$1.6M4 | -$5.2M4 | |
| Net income | -$10.5M9 | -$27.4M6 | -$98.5M7 | -$101.3M8 | -$256.0M8 | -$260.7M4 | -$223.8M4 |
| Earnings per share | $0.179 | $0.356 | -$0.827 | -$0.478 | -$0.578 | -$68.794 | -$23.534 |
| Earnings per share (diluted) | $0.179 | $0.356 | -$0.827 | -$0.478 | -$0.578 | -$68.794 | -$23.534 |
| Shares (weighted, basic) | 447.8M shares8 | 4.1M shares4 | 10.0M shares4 | ||||
| Shares (weighted, diluted) | 447.8M shares8 | 4.1M shares4 | 10.0M shares4 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $7.2M9 | $3.1M6 | $2.6M12 | $165.8M7 | $269.9M8 | $2.9M4 | $1.2M4 |
| Receivables | $895.0K4 | $2.1M4 | $1.0M4 | ||||
| Inventory | $6.2M8 | $29.3M4 | $19.8M4 | ||||
| Current assets | $56.2M9 | $45.1M6 | $7.5M12 | $179.8M7 | $362.5M8 | $118.0M4 | $32.6M4 |
| Property, plant and equipment | $2.9M8 | $7.8M4 | $12.9M4 | ||||
| Goodwill | $04 | $37.8M4 | $35.9M4 | ||||
| Intangible assets | $42.5M8 | $43.6M4 | $23.7M4 | ||||
| Total assets | $63.4M9 | $94.2M6 | $126.9M12 | $233.9M7 | $473.4M8 | $246.8M4 | $116.9M4 |
| Accounts payable | $6.7M8 | $25.2M4 | $55.2M4 | ||||
| Short-term debt | $58.1M8 | $15.5M4 | $24.5M4 | ||||
| Current liabilities | $32.0M9 | $29.9M6 | $36.8M12 | $13.1M7 | $91.1M8 | $80.8M4 | $117.6M4 |
| Long-term debt | $6.6M12 | $07 | $08 | $2.0M4 | $3.9M4 | ||
| Total liabilities | $32.4M9 | $49.8M6 | $66.9M12 | $37.7M7 | $106.8M8 | $100.2M4 | $137.2M4 |
| Retained earnings | -$605.8M8 | -$866.4M4 | -$1.1B4 | ||||
| Shareholders’ equity | $31.0M9 | $44.2M6 | $33.6M12 | $183.7M7 | $363.0M8 | $132.2M4 | -$22.1M4 |
| Shares outstanding | 68.5M shares9 | 102.8M shares6 | 149.7M shares12 | 344.9M shares7 | 497.3M shares8 | 4.8M shares4 | 12.0M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$10.3M9 | -$20.2M6 | -$13.8M7 | -$41.5M8 | -$75.5M8 | -$130.0M4 | -$52.7M4 |
| Depreciation and amortization | $6.1M8 | $5.8M4 | $17.7M4 | ||||
| Stock-based compensation | $22.0M8 | $10.6M4 | $6.9M4 | ||||
| Capital spending | $63.9K9 | $6.8M6 | $1.8M7 | $191.0K8 | $2.8M8 | $6.2M4 | $04 |
| Free cash flow | -$10.4M | -$26.9M | -$15.6M | -$41.7M | -$78.3M | -$136.2M | -$52.7M |
| Cash from investing | -$220.1M8 | -$94.7M4 | $1.8M4 | ||||
| Cash from financing | $399.3M8 | -$21.0M4 | $31.9M4 |
Corporate structure
IDEANOMICS, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of IDEANOMICS, INC.
- CARL & MARY ANN BERG CHARITABLE REMAINDER TRUST/IRRV. 12/21/2011 Filed SC 13G/A on IDEANOMICS, INC., latest Feb 14, 2024 (2 filings since Feb 3, 2023)
- Bruno Zheng Wu Filed SC 13D/A on IDEANOMICS, INC., latest Feb 14, 2022 (4 filings since Dec 16, 2021)
- IDEANOMICS, INC. New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What IDEANOMICS, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $16.7M4 Dec 31, 2023 | $9.5M4 Dec 31, 2022 | +75.4% |
| Accumulated depreciation | $3.8M4 Dec 31, 2023 | $1.7M4 Dec 31, 2022 | +125.5% |
| Property and equipment, net | $12.9M4 Dec 31, 2023 | $7.8M4 Dec 31, 2022 | +64.5% |
| Finance-lease assets | $1.6M8 Dec 31, 2022 | $08 Dec 31, 2021 | |
| Operating-lease assets (leased space) | $6.1M4 Dec 31, 2023 | $10.5M4 Dec 31, 2022 | −41.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2M4 Dec 31, 2023 | $2.9M4 Dec 31, 2022 | −57.1% |
| Stakes in other companies (equity method) | $2.8M8 Dec 31, 2022 | $28.1M8 Dec 31, 2021 | −90.1% |
| Long-term investments | $04 Dec 31, 2023 | $7.5M4 Dec 31, 2022 | −100.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $35.9M4 Dec 31, 2023 | $37.8M4 Dec 31, 2022 | −5.0% |
| Intangible assets, net (excluding goodwill) | $23.7M4 Dec 31, 2023 | $43.6M4 Dec 31, 2022 | −45.7% |
| Finite-lived intangibles, gross | $164.2M4 Dec 31, 2023 | $50.0M4 Dec 31, 2022 | +228.2% |
| Accumulated amortization | $19.1M4 Dec 31, 2023 | $4.1M4 Dec 31, 2022 | +364.6% |
| Finite-lived intangibles, net | $23.6M4 Dec 31, 2023 | $43.6M4 Dec 31, 2022 | −45.8% |
Inventory
Leadership
Who has led IDEANOMICS, INC., and when. Pick a name to see everywhere that person has worked.
Chair
President
Chief financial officer
Chief operating officer
- Chief executive officerAlfred Poor Oct 18, 2019 to Oct 27, 202213
- Chief executive officerBruno Zheng Wu Nov 24, 2017 to Nov 24, 201714
- Chief executive officerMingcheng Tao Jan 28, 2016 to Jan 28, 201615
- Chief executive officerPu Yue May 29, 2007 to May 29, 200716
- ChairClive Ng May 29, 2007 to Jan 15, 200817
- PresidentMarc Oren Urbach Mar 20, 2008 to Mar 20, 200818
- PresidentClive Ng May 29, 2007 to May 29, 200717
- Chief financial officerStephen Eric Johnston Oct 27, 2022 to Oct 27, 202219
- Chief financial officerXiuping Wang May 17, 2017 to May 17, 201720
- Chief operating officerYi Xu May 17, 2017 to May 17, 201721
Board members and other officers (16)
- Chief Technical OfficerRandy Huang May 17, 2017 to May 17, 201722
- Vice PresidentJiang Bing May 29, 2007 to May 29, 200723
- Board memberAndrea Maria Hayward Feb 8, 2024 to Feb 8, 202424
- Board memberAlfred Poor Oct 18, 2019 to Oct 27, 202213
- Board memberBruno Zheng Wu Nov 24, 2017 to Nov 24, 201714
- Board memberJian Ren Fan Jan 13, 2016 to Jan 13, 201625
- Board memberMingcheng Tao Jan 28, 2016 to Jan 28, 201615
- Board memberPolly Wang Jan 28, 2016 to Jan 28, 201626
- Board memberArthur Lap Tat Wong Feb 6, 2014 to Jun 16, 201527
- Board memberClifford H. Higgerson Feb 6, 2014 to Feb 6, 201428
- Board memberJin Shi Feb 6, 2014 to Feb 6, 201429
- Board memberXuesong Song Jul 19, 2013 to Jul 19, 201330
- Board memberJames S. Cassano Jan 15, 2008 to Feb 17, 200931
- Board memberDavid Zale Jan 17, 2008 to Feb 17, 200932
- Board memberJiang Bing May 29, 2007 to May 29, 200723
- Board memberPu Yue May 29, 2007 to May 29, 200716
Former names
- Seven Stars Cloud Group, Inc.Aug 14, 2017 to Nov 9, 20182
- WECAST NETWORK, INC.Nov 14, 2016 to Jul 7, 20172
- YOU ON DEMAND HOLDINGS, INC.Dec 8, 2010 to Oct 18, 20162
- CHINA BROADBAND INCDec 8, 2006 to Feb 7, 20112
- ALPHA NUTRA INCNov 13, 2006 to May 9, 20072
- ALPHA NUTRACEUTICALS INCJan 16, 2004 to Sep 21, 20062
- SIERRA ROCKIES CORPAug 22, 1997 to Jun 3, 19982
- GALLERY RODEO INTERNATIONALAug 28, 1996 to May 14, 19972
Timeline
- Mar 13, 20258-K Completed an acquisition or sale; Change to shareholders' rights; Executive or director change33
- Jan 23, 20258-K Change of auditor34
- Dec 6, 20248-K Entered a material agreement; New debt or obligation; Regulation FD disclosure35
- Dec 6, 20248-K Entered a material agreement; Bankruptcy or receivership; New debt or obligation36
- Jul 10, 20248-K Listing notice or transfer37
- Jul 9, 20248-K Entered a material agreement38
- Jun 17, 20248-K Entered a material agreement; Executive or director change39
- Apr 9, 20248-K Regulation FD disclosure40
- Mar 15, 20248-K Entered a material agreement41
- Mar 8, 20248-K Executive or director change42
- Feb 29, 20248-K Entered a material agreement43
- Feb 23, 20248-K Executive or director change44
- Oct 18, 2019New chief executive Alfred Poor becomes CEO13
- Nov 24, 2017New chief executive Bruno Zheng Wu becomes CEO14
- Jan 28, 2016New chief executive Mingcheng Tao becomes CEO15
- May 29, 2007New chief executive Pu Yue becomes CEO16
Calendar
When it reported results
- Nov 24, 2023Reported quarterly or annual results45
- Aug 9, 2023Reported quarterly or annual results46
- Apr 3, 2023Reported quarterly or annual results47
- Nov 10, 2022Reported quarterly or annual results48
- Nov 24, 2021Reported quarterly or annual results49
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
165 filings to the SEC since October 2021: 5 annual reports, 10 quarterly reports, 89 major events, 6 insider forms, 6 large holders, 49 other. The latest 20:
- Aug 12, 2025UPLOAD EDGAR
- Jul 22, 2025UPLOAD EDGAR
- Mar 13, 20258-K EDGAR
- Jan 23, 20258-K EDGAR
- Dec 6, 20248-K/A EDGAR
- Dec 6, 20248-K EDGAR
- Sep 6, 202425-NSE EDGAR
- Aug 12, 2024CORRESP EDGAR
- Jul 29, 2024UPLOAD EDGAR
- Jul 10, 20248-K EDGAR
- Jul 9, 20248-K EDGAR
- Jun 18, 202410-K EDGAR
- Jun 17, 20248-K EDGAR
- May 16, 2024NT 10-Q/A EDGAR
- May 15, 2024NT 10-Q EDGAR
- Apr 9, 20248-K EDGAR
- Apr 1, 2024NT 10-K EDGAR
- Mar 15, 20248-K EDGAR
- Mar 8, 20248-K EDGAR
- Feb 29, 20248-K EDGAR
The 165 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
5 open-market trades by officers, directors and large owners since October 2021: 5 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 7, 2024 | Hayward Andrea MariaDirector | Buy | 2,000 | $0.95 | $1.9K | Form 4 |
| Oct 21, 2022 | Poor AlfredChief Executive Officer | Buy | 400,000 | $0.25 | $100.0K | Form 4 |
| Jan 21, 2022 | Poor AlfredChief Executive Officer | Buy | 19,775 | $1.01 | $20.0K | Form 4 |
| Jan 20, 2022 | Poor AlfredChief Executive Officer | Buy | 14,500 | $1.07 | $15.5K | Form 4 |
| Jan 12, 2022 | Poor AlfredChief Executive Officer | Buy | 62,975 | $1.19 | $75.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- CARL & MARY ANN BERG CHARITABLE REMAINDER TRUST/IRRV. 12/21/2011SC 13G/A, 2 filings Feb 3, 2023 to Feb 14, 202450
- Bruno Zheng WuSC 13D/A, 4 filings Dec 16, 2021 to Feb 14, 202251
SEC filer profile
How IDEANOMICS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARIDEANOMICS, INC.1
- CIK0000837852
- Employer ID (EIN)20-17778371
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)3711 Motor Vehicles & Passenger Car Bodies1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address1441 Broadway, 5Th Floor, Suite#5116, New York, NY 100181
- Phone212-206-12161
- Shares outstanding20,068,435 as of Jun 13, 20244
- Public float$100.0M as of Jun 30, 20234
- On EDGAR sinceMay 14, 19961
- Filings835 in all: 8-K (291), CORRESP (70), UPLOAD (54), 10-Q (51), 3 (34), 4 (25), 424B2 (23), NT 10-Q (22)1
All 54 form types
8-K/A (18), 10-K (17), 10QSB (15), SC 13D/A (14), S-1/A (13), DEF 14A (11), EFFECT (11), 10-Q/A (10), 10QSB/A (10), DEF 14C (10), NT 10-K (10), PRE 14C (10), 10-K/A (9), 425 (8), S-3/A (8), 424B5 (7), SC 13D (7), SC 13G/A (7), 10KSB (6), PRE 14A (6), S-3 (6), S-1 (5), 10KSB/A (4), 424B3 (4), DEFA14A (4), S-8 (4), SC 13G (4), D (3), REGDEX (3), 5 (2), PRER14A (2), S-3ASR (2), S-4/A (2), 25-NSE (1), 3/A (1), 4/A (1), 8-A12B (1), CERTNAS (1), CT ORDER (1), D/A (1), DEFR14C (1), DEL AM (1), NT 10-Q/A (1), REGDEX/A (1), RW (1), S-4 (1)
- Latest filingsAnnual report (10-K) Jun 18, 2024
Quarterly report (10-Q) Nov 21, 2023
Proxy statement (DEF 14A) Nov 9, 2023
Latest 8-K (8-K) Mar 13, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
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- 12
- 13SEC EDGARAlfred Poor, Chief executive officer
- 14
- 15
- 16SEC EDGARPu Yue, Chief executive officer
- 17SEC EDGARClive Ng, Chair
- 18SEC EDGARMarc Oren Urbach, President
- 19
- 20
- 21SEC EDGARYi Xu, Chief operating officer
- 22SEC EDGARRandy Huang, Chief Technical Officer
- 23SEC EDGARJiang Bing, Vice President
- 24SEC EDGARAndrea Maria Hayward, Board member
- 25SEC EDGARJian Ren Fan, Board member
- 26SEC EDGARPolly Wang, Board member
- 27SEC EDGARArthur Lap Tat Wong, Board member
- 28SEC EDGARClifford H. Higgerson, Board member
- 29SEC EDGARJin Shi, Board member
- 30SEC EDGARXuesong Song, Board member
- 31SEC EDGARJames S. Cassano, Board member
- 32SEC EDGARDavid Zale, Board member
- 33
- 34SEC EDGARChange of auditor
- 35
- 36
- 37SEC EDGARListing notice or transfer
- 38SEC EDGAREntered a material agreement
- 39
- 40SEC EDGARRegulation FD disclosure
- 41SEC EDGAREntered a material agreement
- 42SEC EDGARExecutive or director change
- 43SEC EDGAREntered a material agreement
- 44SEC EDGARExecutive or director change
- 45
- 46
- 47
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- 51