Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 582

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 4
Chunk 582
---
    3,152

    4,714

    -

    Deferred income taxes

    (635
    )

    (3,570
    )

    -

    Loss on debt extinguishment

    1,052

    -

    -

    Impairment of goodwill

    -

    36,056

    -

    (Gain) loss on foreign currency transactions

    316

    (44
    )

    (32
    )
  
    (Gain) Loss on contract to issue common stock

    (68
    )

    -

    -

    Other

    -

    5

    -

    Total non-cash expenses
     
    $
    11,802

    $
    40,813

    $
    1,200

The net cash used in the change in operating assets and liabilities were approximately $281 thousand, $4,341 thousand and $1,964 thousand for the year ended December 31, 2024 (Successor), 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
    )