Company: CXAI
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001829126-25-009079
Chunk: 51

Company: CXApp Inc.
Filing Date: 2025-11-12
Form: 424B3
Chunk 51
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 registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”), authorizing the future offering and sale of up to $150.0 million of various securities. Concurrently, the Company filed a prospectus supplement allowing for the issuance of up to $7.959 million of common stock under this registration. This amount is included within the total aggregate offering authorized.

Subsequently The Company commenced sales of its common stock pursuant to the shelf registration. These sales were facilitated through a third-party arrangement with Maxim Group LLC, acting as the Company’s agent under an equity distribution agreement. The Company received $669 thousand and issued 782,102 shares of class A common stock, which are intended to be used for general working capital and other general corporate purposes.

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RESULTS OF OPERATIONS

Comparison of the results of operations for the three months ended September 30, 2025 and September 30, 2024

The following table sets forth our results of operations. This data should be read together with our unaudited financial statements and related notes.

|                               | (in thousands) |            | Nine months ended 
     September 30, 
              2025 |   |     |            | Nine months ended 
     September 30, 
              2024 |   |
|:------------------------------|:---------------|:-----------|------------------:|:--|:----|:-----------|------------------:|:--|
|                               |                | -unaudited |                   |   |     | -unaudited |                   |   |
| Condensed Consolidated        
 Statements of Operations Data |                |            |                   |   |     |            |                   |   |
| Revenues                      |                | $          |             3,561 |   |     | $          |             5,481 |   |
| Cost of revenues              |                |            |              (444 | ) |     |            |            (1,052 | ) |
| Gross profit                  |                |            |             3,117 |   |     |            |             4,429 |   |
| Operating expenses            |                |            |           (14,798 | ) |     |            |           (15,351 | ) |
| Loss from operations          |                |            |           (11,681 | ) |     |            |           (10,922 | ) |
| Other income (expense), net   |                |            |