Private company

Sysorex, Inc.

Sysorex, Inc. is an American computer programming services company based in Herndon.²

Last updated Oct 20, 2026.

Overview

IndustryServices-Computer Programming Services²
HeadquartersHerndon, United States²
Incorporated inNV³
Business address13880 Dulles Corner Lane, Suite 175, Herndon, Va 20171³
Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company³
Legal formProfit Corporation²
LEI549300G6H6YELPNLNQ90²
StatusActive²
LEI statusLapsed (not renewed)²
Registered addressC/O PARACORP INCORPORATED, 89701 Carson City, United States²
Registered withBusiness Center (Secretary of State), E0339832018-1²

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-42.0%Operating margin⁴

-70.4%Net margin⁴

109.3%Revenue growth, 2022⁴

Where the money goes

Where each dollar of revenue went, fiscal 2022

Other costs

Other costs100¢$17.3M
Income tax0¢$47.0K

Out of $17.3M in revenue.⁴ The company lost money this year.

Financial statements

Revenue⁵⁶⁷⁴$17.3M in 2022−58% since 2017

Gross profit⁵⁶⁷$2.3M in 2020−71% since 2017

Operating income⁵⁶⁷⁸⁴-$7.3M in 2022−50% since 2017

Net income⁵⁶⁷⁸⁴-$12.2M in 2022−28% since 2017

Fiscal year	2017	2018	2019	2020	2021	2022
Revenue	$41.2M⁵	$4.5M⁶	$5.3M⁷	$11.5M⁷	$8.3M⁴	$17.3M⁴
Cost of revenue	$33.1M⁵	$2.2M⁶	$4.2M⁷	$9.2M⁷
Gross profit	$8.1M⁵	$2.2M⁶	$1.1M⁷	$2.3M⁷
Research and development	$849.0K⁵	$168.0K⁶
Operating income	-$14.5M⁵	-$7.1M⁶	-$4.3M⁷	-$145.0K⁸	-$10.6M⁴	-$7.3M⁴
Interest					$975.0K¹⁰
Income before tax					-$52.5M⁴	-$8.6M⁴
Income tax						$47.0K⁴
Net income	-$16.9M⁵	-$7.9M⁶	-$5.4M⁷	$452.0K⁸	-$49.1M⁴	-$12.2M⁴
Earnings per share				-$0.03⁸	-$0.17⁸
Shares (weighted, basic)					139.1M shares⁴	843.9M shares⁴
Shares (weighted, diluted)					139.1M shares⁴	843.9M shares⁴

Total assets⁵⁶⁷⁸⁴$13.2M in 2022−9% since 2017

Total liabilities⁵⁶⁷⁸⁴$29.1M in 2022−21% since 2017

Shareholders’ equity⁵⁶⁷⁸⁴-$15.9M in 2022+2299% since 2016

Cash⁵⁶⁷⁸⁴$29.0K in 2022−97% since 2016

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash	$938.0K⁵	$22.0K⁶	$6.0K⁷	$28.0K⁷	$67.0K⁸	$659.0K⁴	$29.0K⁴
Receivables						$3.0M⁴	$4.1M⁴
Current assets		$7.0M⁵	$401.0K⁶	$2.1M⁷	$108.0K⁸	$20.4M⁴	$10.8M⁴
Property, plant and equipment						$4.1M⁸
Goodwill						$1.6M⁴
Intangible assets						$2.6M⁴	$2.0M⁴
Total assets		$14.5M⁵	$3.0M⁶	$3.1M⁷	$2.0M⁸	$25.3M⁴	$13.2M⁴
Accounts payable						$6.7M⁴	$4.2M⁴
Current liabilities		$33.0M⁵	$15.4M⁶	$11.6M⁷	$199.0K⁸	$37.9M⁴	$28.9M⁴
Total liabilities		$36.7M⁵	$17.7M⁶	$23.1M⁷	$199.0K⁸	$38.4M⁴	$29.1M⁴
Retained earnings						-$49.3M⁴	-$61.5M⁴
Shareholders’ equity	-$662.0K⁵	-$22.2M⁶	-$14.7M⁷	$2.0M⁸	$1.8M⁴	-$13.1M⁴	-$15.9M⁴
Shares outstanding			335.2K shares⁶	407.5K shares⁷	66.4M shares⁸	145.6M shares⁴	2.5B shares⁴

Cash from operations⁵⁶⁷⁸⁴-$7.5M in 2022

Capital spending⁵⁸$50.0K in 2021−38% since 2017

Free cash flow⁵⁴-$8.5M in 2021

Fiscal year	2017	2018	2019	2020	2021	2022
Cash from operations	$5.5M⁵	-$16.6M⁶	-$9.4M⁷	-$514.0K⁸	-$8.5M⁴	-$7.5M⁴
Depreciation and amortization					$407.0K⁴	$576.0K⁴
Stock-based compensation					$113.0K⁴	$111.0K⁴
Capital spending	$80.0K⁵				$50.0K⁸
Free cash flow	$5.4M				-$8.5M
Cash from investing					$2.2M⁴	$6.5M⁴
Cash from financing					$6.9M⁴	$397.0K⁴

Compare Sysorex, Inc. with another company

Corporate structure

Sysorex, 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 Sysorex, Inc.

BIGGER CAPITAL FUND L P Filed SC 13D/A on Sysorex, Inc., latest Aug 23, 2023 (7 filings since May 2, 2022)
Mark Howard Peikin Filed SC 13G/A on Sysorex, Inc., latest Mar 7, 2022 (2 filings since Feb 14, 2022)

Sysorex, Inc. Herndon, Virginia, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Sysorex, 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
Buildings and improvements	$1.1M⁴ Nov 2, 2021
Accumulated depreciation	$244.0K⁸ Nov 1, 2021	$177.0K⁸ Dec 31, 2020	+37.9%
Property and equipment, net	$4.1M⁸ Dec 31, 2021	$10.0K⁷ Dec 31, 2019	+40670.0%
Operating-lease assets (leased space)	$409.0K⁴ Dec 31, 2022	$558.0K⁴ Dec 31, 2021	−26.7%

Real estate and locations

Item	Latest	A year before	Change
Area of land	5,800 sq ft⁴ Dec 8, 2021	5,800 sq ft⁵ Oct 1, 2018	0%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$29.0K⁴ Dec 31, 2022	$659.0K⁴ Dec 31, 2021	−95.6%
Marketable securities, current	$15.3M⁴ Dec 31, 2022	$19.4M⁴ Dec 31, 2021	−21.4%
Stakes in other companies (equity method)	$1.6M⁴ Dec 31, 2022

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$1.6M⁴ Dec 31, 2021
Intangible assets, net (excluding goodwill)	$2.0M⁴ Dec 31, 2022	$2.6M⁴ Dec 31, 2021	−22.5%
Finite-lived intangibles, gross	$3.0M⁸ Dec 31, 2021	$10.2M⁷ Dec 31, 2020	−71.1%
Accumulated amortization	-$981.0K⁴ Dec 31, 2022	-$407.0K⁸ Dec 31, 2021	−141.0%
Finite-lived intangibles, net	$2.0M⁴ Dec 31, 2022	$2.6M⁸ Dec 31, 2021	−22.5%

Leadership

Who has led Sysorex, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

President

Zaman Khan2018–2021

Chief financial officer

Vincent Loiacono2018–2021

20202025

Chief executive officerWayne Fernando Wasserberg Apr 23, 2021 to Jan 31, 2022¹¹
Chief executive officerNadir Ali Aug 14, 2018 to Aug 14, 2018¹²
PresidentZaman Khan Aug 14, 2018 to Jul 22, 2021¹³
Chief financial officerVincent Loiacono Sep 5, 2018 to Jul 22, 2021¹⁴

Board members and other officers (6)

OfficerZaman Khan Apr 16, 2021 to Apr 16, 2021¹⁵
Vice President of FinanceWendy Loundermon Aug 14, 2018 to Aug 14, 2018¹⁶
Board memberWayne Fernando Wasserberg Apr 23, 2021 to Jan 31, 2022¹¹
Board memberWilliam B. Stilley Iii. Sep 10, 2021 to Sep 10, 2021¹⁷
Board memberNadir Ali Aug 14, 2018 to Apr 16, 2021¹²
Board memberZaman Khan Aug 14, 2018 to Jul 22, 2021¹³

Former names

Inpixon USAApr 18, 2018 to Jul 19, 2018³

Timeline

Aug 8, 20238-K Bylaws or fiscal year changed; Other events¹⁸
Apr 7, 20238-K Entered a material agreement¹⁹
Nov 30, 20228-K Regulation FD disclosure; Other events²⁰
Nov 16, 20228-K Results of operations; Other events²¹
Nov 1, 20228-K Executive or director change; Other events²²
Oct 19, 20228-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure²³
Oct 14, 20228-K Unregistered sale of shares; Other events²⁴
Oct 6, 20228-K Change of auditor²⁵
Sep 29, 20228-K Shareholder vote²⁶
Sep 6, 20228-K Change to shareholders' rights; Other events²⁷
Aug 17, 20228-K Other events²⁸
Jul 25, 20228-K Other events²⁹
Apr 23, 2021New chief executive Wayne Fernando Wasserberg becomes CEO¹¹
Aug 14, 2018New chief executive Nadir Ali becomes CEO¹²
Jul 17, 2018Founded Sysorex, Inc. is founded²

Calendar

When it reported results

Nov 16, 2022Reported quarterly or annual results²¹

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

58 filings to the SEC since October 2021: 4 annual reports, 6 quarterly reports, 24 major events, 1 insider forms, 9 large holders, 14 other. The latest 20:

Apr 2, 2026REVOKED EDGAR
Aug 30, 2023RW REQUEST TO WITHDRAWAL EDGAR
Aug 23, 2023SC 13D/A EDGAR
Aug 14, 202310-Q QUARTERLY REPORT EDGAR
Aug 8, 20238-K CURRENT REPORT EDGAR
Jun 30, 202310-Q QUARTERLY REPORT EDGAR
Jun 13, 202310-K ANNUAL REPORT EDGAR
May 15, 2023NT 10-Q NOTIFICATION OF LATE FILING EDGAR
Apr 7, 20238-K CURRENT REPORT EDGAR
Mar 31, 2023NT 10-K NOTIFICATION OF LATE FILING EDGAR
Feb 17, 2023SC 13D/A AMENDMENT NO. 3 TO THE SCHEDULE 13D EDGAR
Nov 30, 20228-K CURRENT REPORT EDGAR
Nov 17, 2022S-1 REGISTRATION STATEMENT EDGAR
Nov 16, 20228-K CURRENT REPORT EDGAR
Nov 14, 202210-Q QUARTERLY REPORT EDGAR
Nov 1, 20228-K CURRENT REPORT EDGAR
Oct 19, 20228-K CURRENT REPORT EDGAR
Oct 19, 2022SC 13D/A EDGAR
Oct 14, 20228-K CURRENT REPORT EDGAR
Oct 13, 2022SC 13D/A EDGAR

The 58 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.

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.

BIGGER CAPITAL FUND L PSC 13D/A, 7 filings May 2, 2022 to Aug 23, 2023³⁰
Mark Howard PeikinSC 13G/A, 2 filings Feb 14, 2022 to Mar 7, 2022³¹

SEC filer profile

How Sysorex, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARSysorex, Inc.¹
CIK0001737372
Employer ID (EIN)68-0319458¹
Filer statusNon-accelerated filer<br>smaller reporting company<br>emerging growth company¹
Incorporated inNevada¹
Fiscal year endsDecember 31¹
Industry code (SIC)7371 Services-Computer Programming Services¹
SEC reviewing officeOffice of Technology, Division of Corporation Finance¹
Business address13880 Dulles Corner Lane, Suite 175, Herndon, VA 20171¹
Phone(800) 680-7412¹
Shares outstanding2,484,427 as of Aug 14, 2023¹⁰
Public float$17.3M as of Jun 30, 2022⁴
On EDGAR sinceApr 18, 2018¹
Filings160 in all: 8-K (58), 10-Q (15), 4 (11), 3 (8), SC 13D/A (7), 10-K (5), CORRESP (5), NT 10-Q (5)¹
All 26 form types
DEFA14A (4), SC 13D (4), SC 13G (4), SC 13G/A (4), UPLOAD (4), 10-12G/A (3), 8-K/A (3), NT 10-K (3), RW (3), 10-12G (2), 10-K/A (2), D (2), S-1 (2), S-8 (2), 10-Q/A (1), DEF 14A (1), PRE 14A (1), REVOKED (1)
Latest filingsAnnual report (10-K) Jun 13, 2023
Quarterly report (10-Q) Aug 14, 2023
Proxy statement (DEF 14A) Jun 15, 2022
Latest 8-K (8-K) Aug 8, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARSysorex, Inc. filings on SEC EDGAR
2
GLEIFSysorex, Inc. LEI record (549300G6H6YELPNLNQ90)
3
SEC EDGARSysorex, Inc. filings on SEC EDGAR
4
SEC EDGARSysorex, Inc. 10-K for fiscal 2022
5
SEC EDGARSysorex, Inc. 10-K for fiscal 2017
6
SEC EDGARSysorex, Inc. 10-K for fiscal 2018
7
SEC EDGARSysorex, Inc. 10-K for fiscal 2019
8
SEC EDGARSysorex, Inc. 10-K for fiscal 2020
9
SEC EDGARSysorex, Inc. 10-Q for fiscal 2023
10
SEC EDGARSysorex, Inc. 10-Q for fiscal 2023
11
SEC EDGARWayne Fernando Wasserberg, Chief executive officer
12
SEC EDGARNadir Ali, Chief executive officer
13
SEC EDGARZaman Khan, President
14
SEC EDGARVincent Loiacono, Chief financial officer
15
SEC EDGARZaman Khan, Officer
16
SEC EDGARWendy Loundermon, Vice President of Finance
17
SEC EDGARWilliam B. Stilley Iii., Board member
18
SEC EDGARBylaws or fiscal year changed; Other events
19
SEC EDGAREntered a material agreement
20
SEC EDGARRegulation FD disclosure; Other events
21
SEC EDGARResults of operations; Other events
22
SEC EDGARExecutive or director change; Other events
23
SEC EDGAREntered a material agreement; Unregistered sale of shares; Regulation FD disclosure
24
SEC EDGARUnregistered sale of shares; Other events
25
SEC EDGARChange of auditor
26
SEC EDGARShareholder vote
27
SEC EDGARChange to shareholders' rights; Other events
28
SEC EDGAROther events
29
SEC EDGAROther events
30
SEC EDGARBIGGER CAPITAL FUND L P SC 13D/A on Sysorex, Inc.
31
SEC EDGARMark Howard Peikin SC 13G/A on Sysorex, Inc.