Company: CXAI
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001829126-25-009079
Chunk: 29

Company: CXApp Inc.
Filing Date: 2025-11-12
Form: 424B3
Chunk 29
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 December 31, 
         2024 |
|:-----------------------------------------------|:----|:--|--------------:|:----|:--|-------------:|
| Accrued expenses and reimbursements            |     | $ |         1,507 |     | $ |        1,690 |
| Accrued compensation and benefits              |     |   |           520 |     |   |          382 |
| Accrued insurance premium and interest         |     |   |            96 |     |   |           23 |
| Accrued bonus and commissions                  |     |   |           160 |     |   |          134 |
| Accrued sales and other indirect taxes payable |     |   |           108 |     |   |           95 |
| Income tax payables                            |     |   |            47 |     |   |           46 |
| Accrued transaction costs                      |     |   |            13 |     |   |           13 |
| Accrued liabilities                            |     | $ |         2,451 |     | $ |        2,383 |

Financed Director & Officers Insurance

The Company entered into a Directors & Officers (“D&O”) insurance agreement with Oakwood D&O Insurance, effective March 14, 2025. The agreement states that the Company will pay a total of $310 thousand in premiums at an annual percentage rate of 9.25%. The first of ten separate monthly installment payments began on April 14, 2024. The Company made a down payment of $70 thousand on the policy. As of September 30, 2025 and December 31, 2024, the Company owed $96 thousand and $23 thousand, respectively, on the D&O insurance policy.

NOTE 8 – Promissory Note

Note payable consisted of the following (in thousands):

| Schedule of promissory note |     | September 30, 
 2025          |   |     | December 31, 
 2024         |       |
|:----------------------------|:----|:--------------|:--|:----|:-------------|------:|
| Principal amount            |     | $             | - |     | $            | 3,885 |
| Add:                        |     |               |   |     |              |       |
| Interest                    |     |               | - |     |              |   372 |
|