Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 1387

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 11
Chunk 1387
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 nine months ended September 30, 2024.

    Schedule of consolidated statements of cash flows

    Six Months Ended June 30, 2024

    (in thousands)
     
    As Previously Reported

    Adjustments to Debt

    As Restated

    Operating activities

    Net Loss
     
    $
    (10,426
    )
     
    $
    (212
    )
     
    $
    (10,638
    )
  
    Adjustments to reconcile net loss to net cash used in operating activities

    Amortization of debt discount and deferred financing cost

    445

    272

    717

    Accrued interest expense on promissory note and convertible debt

    210

    (10
    )

    200

    Change in fair value of derivative liability

    2,523

    (50
    )

    2,473

    Net cash used in operating activities

    (2,560
    )

    -

    (2,560
    )

    F-46

    Nine Months Ended September 30, 2024,

    (in thousands)
     
    As Previously Reported

    Adjustments to Debt

    Adjustments to Accrued Legal Fees

    As Restated

    Operating activities

    Net loss
     
    $
    (15,430
    )
     
    $
    (283
    )
     
    $
    (359
    )
     
    $
    (16,072
    )
  
    Change in operating assets and liabilities:

    Accrued liabilities

    214

    -

    359

    573

    Adjustments to reconcile net loss to net cash used in operating activities

    Amortization of debt discount and deferred financing cost

    678

    310

    -

    988

    Accrued interest expense on promissory note and convertible debt

    340

    (44
    )

    -

    296

    Change in fair value of derivative liability

    3,575

    17

    -

    3,592

    Net cash used in operating activities

    (4,629
    )

    -

    -

    (4,629
    )

NOTE 22 – Subsequent Events

Note Exchanges

During the period from January 1, 2025, to January 29, 2025, the Company