Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 225

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1A
Chunk 225
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 period from March 15, 2023, to December 31, 2023 (Successor) and January 1, 2023, to March 14, 2023 (Predecessor), respectively:

    Successor

    Predecessor

    Changes in Operating Assets and Liabilities

        Year endedDecember 31,
        2024

        Period fromMarch 15,2023 toDecember 31,
        2023

    Period fromJanuary 1,2023 toMarch 14,2023

    Accounts receivable and other receivables
     
    $
    372

    $
    300

    $
    (857
    )
  
    Prepaid expenses and other current assets and other assets

    185

    682

    (20
    )
  
    Accounts payable

    (453
    )

    499

    (796
    )
  
    Accrued liabilities and other liabilities

    771

    (5,876
    )

    (787
    )
  
    Operating lease liabilities

    (407
    )

    (306
    )

    (38
    )
  
    Deferred revenue

    (187
    )

    360

    534

    Net cash used in the changes in operating assets and liabilities
     
    $
    281

    $
    (4,341
    )
     
    $
    (1,964
    )

51

Cash Flows from Investing Activities for the years ended December 31, 2024, and December 31, 2023

Net cash flows used in investing activities during the year ended December 31, 2024 (Successor) was approximately $30 thousand compared to net cash flows provided by investing activities for the period March 15, 2023, to December 31, 2023 (Successor) and cash flows used in investing activities for the period from January 1, 2023, to March 14, 2023 (Predecessor) of approximately $9,946 thousand and $54 thousand, respectively. Cash flows related to investing activities during the year ended December 31, 2024 (Successor) is attributable to the purchases of property and equipment. Cash flows related to investing activities during the period from March 15, 2023, to December 31, 2023 (Successor) include $57 thousand for the purchase of property and equipment