Company: CXAI
Filing Date: 2025-08-13
Form Type: 424B3
Source: 0001829126-25-006142
Chunk: 29

Company: CXApp Inc.
Filing Date: 2025-08-13
Form: 424B3
Chunk 29
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 |
|:-------------------------------------|:----|:-------------------|-------:|:--|:----|:-------------------|-----:|:--|:----|:---------|-----:|:--|:----|:------|-------:|:--|
| Deferred Revenue – January 1, 2024   |     | $                  |  2,404 |   |     | $                  |  474 |   |     | $        |    - |   |     | $     |  2,878 |   |
| Revenue recognized                   |     |                    | (6,202 | ) |     |                    | (798 | ) |     |          | (142 | ) |     |       | (7,142 | ) |
| Revenue deferred                     |     |                    |  6,402 |   |     |                    |  385 |   |     |          |  160 |   |     |       |  6,947 |   |
| Deferred Revenue – December 31, 2024 |     | $                  |  2,604 |   |     | $                  |   61 |   |     | $        |   18 |   |     | $     |  2,683 |   |

Deferred revenues were approximately $2,532 thousand and $2,683 thousand at June 30, 2025 and December 31, 2024, respectively.

The fair value of the deferred revenue approximates
the services to be rendered. The Company expects to satisfy its remaining performance obligations for these license agreements and professional
services and recognize the deferred revenue over the next twelve months.

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NOTE 7 – Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

| Schedule of accrued liabilities                |     |   | June 30, 
     2025 |     |   | December 31, 
         2024 |
|:-----------------------------------------------|:----|:--|---------:|:----|:--|-------------:|
| Accrued expenses and reimbursements            |     | $ |    1,468 |     | $ |        1,690 |
| Accrued compensation and benefits              |     |   |      412 |     |   |          382 |
| Accrued insurance premium and interest         |     |   |      168 |     |