Xg Technology, Inc. (XGTI) 10-Q Quarterly Report Tue May 15 2018

Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2018	May 15, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q1
Entity Registrant Name	xG TECHNOLOGY, INC.
Entity Central Index Key	0001565228
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	XGTI
Entity Common Stock, Shares Outstanding		16,148,946

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Inside Xg Technology, Inc.'s 10-Q Quarterly Report:

Financial - Expense Highlight
Amortization and depreciation expenses for the three months ended March 31, 2018 were $0.9 million compared to $1.0 million for the three months ended March 31, 2017, representing a decrease of $0.1 million or 10%.

Financial - Earnings Highlight
We also anticipate higher gross margins in 2018 since the Inventory Step-Ups are fully amortized.
Financial - Expense Highlight
We expect research and development costs to decrease going forward due to the cost cutting initiatives we have enacted during the second quarter of 2018.
Financial - Expense Highlight
We expect general and administrative costs to decrease going forward due to the cost cutting initiatives we have enacted during the second quarter of 2018.
Other - Other Highlight
Under Accounting Standards Update, or ASU, 2014-15, Presentation of Financial Statements Going Concern Subtopic 205-40 ASC 205-40 , the Company has the responsibility to evaluate whether conditions andor events raise substantial doubt about its ability to meet its future financial obligations as they become due within one year after the date that the financial statements are issued.
Financial - Expense
The increase of $0.5 million...Read more
Financial - Expense
General and administrative expenses are...Read more
Financial - Expense
General and administrative expenses for...Read more
Other - Other
The excess of the aggregate...Read more
Revenue - Product
We anticipate an increase in...Read more
Revenue - Product
Revenues for the three months...Read more
Revenue - Product
The increase can be attributed...Read more
Financial - Expense
The decrease was partially offset...Read more
Financial - Expense
The Company implemented a cost...Read more
Financial - Expense
The Company implemented a cost...Read more
M & A - Other
When it became apparent there...Read more
Other - Other
This is due to the...Read more
Financial - Expense
Research and development expenses for...Read more
Other - Other
The gain on bargain purchase...Read more

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Xg Technology, Inc. provided additional information to their SEC Filing as exhibits

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

Ticker: XGTI
CIK: 1565228
Form Type: 10-Q Quarterly Report
Accession Number: 0001144204-18-028980
Submitted to the SEC: Tue May 15 2018 5:02:00 PM EST
Accepted by the SEC: Tue May 15 2018
Period: Saturday, March 31, 2018
Industry: Communications Equipment

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Xg Technology, Inc. (XGTI) SEC Filing 10-Q Quarterly report for the period ending Saturday, March 31, 2018

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