Company: CXAI
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001829126-25-009077
Chunk: 4

Company: CXApp Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
    Financing
    activities

    Proceeds from issuance of convertible debt, net of issuance costs

    6,990

    3,480

    Net cash provided by financing activities

    6,990

    3,480

    Effect of exchange rate changes on cash and cash equivalents

    (11
    )

    (14
    ) 
  
    Net increase / (decrease) in cash
    and cash equivalents

    208

    (1,193
    ) 
  
    Cash and cash equivalents, beginning of period

    4,880

    6,275

    Cash and cash equivalents, end of period
     
    $
    5,088

    $
    5,082

    Supplemental
    disclosures of cash flow information

    Cash paid for taxes
     
    $
    -

    $
    25

    Cash paid for interest
     
    $
    -

    $
    -

    Supplemental
    schedule of noncash investing and financing activities

    Financing of Director and Officer Insurance
     
    $
    240

    $
    225

    Common shares issued for debt extinguishment
     
    $
    7,520

    $
    1,935

    Common shares issued as commitment shares
     
    $
    89

    $
    -

    Right of use asset obtained in exchange for lease liability
     
    $
    144

    $
    393

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

5

CXAPP INC. AND SUBSIDIARIESNOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 – Organization, Nature of Business and Basis of Presentation

CXApp Inc. and its subsidiaries (“CXApp” or the “Company”) is in the business of delivering intelligent enterprise workplace experiences. The CXApp SaaS platform is anchored on the intersection of customer experience (CX) and artificial intelligence (AI) providing digital transformation for the physical workplace for enhanced experiences across people, places and things.

The
CXApp SaaS platform offers a suite of leading-edge technology workplace experience solutions including an enterprise employee application,
indoor mapping, on-device positioning, augmented reality technologies, generative AI applications and an AI-based analytics platform,
targeting the emerging hybrid workplace market. CXApp creates a connected workplace by reducing app overload, data fragmentation, and
complex workflows and