Company: CXAI
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001829126-25-003841
Chunk: 45

Company: CXApp Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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 AI development and customer acquisition. 

Cash Flow and Liquidity Position

For the three months ended March 31, 2025, cash and cash equivalents was $3,893 thousand with access to an additional $3,990 thousand from a Securities Purchase Agreement the Company entered into on March 26, 2025.

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    This liquidity provides a strategic buffer for continued investment in AI product enhancements and market expansion initiatives. 

Strategic Growth Initiatives

    1.
    Product Innovation: We are expanding our AI-native capabilities, integrating advanced analytics, and developing seamless integrations with key enterprise platforms to position CXApp as the go-to solution for hybrid workplace management. 

    2.
    Market Expansion: By targeting new verticals and strengthening partnerships with cloud providers and key technology platforms, we aim to increase market share and drive cross-selling opportunities. 

    3.
    Operational Excellence: Ongoing cost optimization, customer retention strategies, and sales efficiency initiatives remain key focus areas as we strive to enhance profitability and maintain financial discipline. 

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Competitive Positioning and Market Outlook

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    The global employee experience market is projected to grow at 20% CAGR, creating substantial opportunities for CXApp to expand its footprint in the enterprise workplace solutions market. 

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    Our AI-driven platform differentiates us from legacy workplace management systems, enabling real-time data analytics and actionable insights that support strategic decision-making. 

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    Despite macroeconomic uncertainties, enterprise demand for hybrid workplace solutions remains robust, positioning CXApp for continued momentum as we scale our AI-enabled offerings. 

Conclusion

As we advance our strategic roadmap, CXApp remains focused on executing with discipline and precision. Our AI-first approach, financial discipline, and emphasis on customer-centric innovation are key drivers of our long-term vision to redefine employee experiences in the hybrid workplace. By leveraging our strong foundation and expanding our enterprise footprint, we are well-positioned to deliver sustained growth and value for our stakeholders.

Recent Events

As of January 17, 2025, the Company paid down the entire December 2023 Note. On April 8, 2025, the Company received proceeds from the Avondale convertible Pre-Paid Purchase #1.

RESULTS OF OPERATIONS

Comparison of the results of operations for the three months ended March 31, 2025, and March 31, 2024

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