Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 1713

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 8
Chunk 1713
---
 as of December 31, 2024 and December 31, 2023

    -

    -

    Additional paid-in capital

    92,583

    83,282

    Accumulated deficit

    (77,209
    )

    (57,801
    )
  
    Accumulated other comprehensive income (loss)

    216

    (85
    )
  
    Total Stockholders’ Equity
     
    $
    15,592

    $
    25,398

    Total Liabilities and Stockholders’ Equity
     
    $
    31,803

    $
    36,581

The accompanying notes are an integral part of these consolidated financial statements.

F-4

CXAPP INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(in thousands, except share and per share data)

    Successor

    Predecessor

    Year Ended December 31, 2024

    Period from March 15, 2023 to December 31, 2023

        Period from January 1, 2023 to March 14,
        2023

    Revenues
     
    $
    7,142

    $
    5,746

    $
    1,620

    Cost of Revenues

    1,285

    1,268

    483

    Gross Profit

    5,857

    4,478

    1,137

    Operating Expenses

    Research and development

    6,380

    5,309

    1,455

    Sales and marketing

    3,249

    3,242

    964

    General and administrative

    7,237

    5,374

    2,293

    Acquisition related costs

    -

    543

    -

    Amortization of intangible assets

    2,732

    2,162

    806

    Impairment of goodwill

    -

    36,056

    -

    Total Operating Expenses

    19,598

    52,686

    5,518

    Loss from Operations

    (13,741
    )

    (48,208
    )

    (4,381
    )

    Other Income (Expense)

    Interest income