Company: CXAI
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001829126-25-006141
Chunk: 3

Company: CXApp Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 issuance of convertible debt, net of issuance costs

    3,990

    2,480

    Net cash provided by financing activities

    3,990

    2,480

    Effect of exchange rate changes on cash and cash equivalents

    (9
    )

    (9
    ) 
  
    Net decrease in cash and cash equivalents

    (26
    )

    (115
    ) 
  
    Cash and cash equivalents, beginning of period

    4,880

    6,275

    Cash and cash equivalents, end of period
     
    $
    4,854

    $
    6,160

    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

    $
    -

    Common shares issued for debt extinguishment
     
    $
    2,331

    $
    -

    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.

4

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 streamlines all capabilities through The Workplace SuperApp. All features, services and integrations are housed in one easy-to-access platform allowing businesses to deliver a more