Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 407

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 407
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 with the majority of revenues being derived from contracts with customers located within the United States. We generate substantially all of our revenue by providing services to clients and the nature of services provided were homogenous in nature. We provide services to customers worldwide, with the majority of revenues being derived from contracts with customers located within the United States. The table below presents the breakdown of our revenues, based on the customer’s location (in thousands)

|                    |     | Year ended December 31, |  2024 |     |   |  2023 |
|:-------------------|:----|:------------------------|------:|:----|:--|------:|
| Customer locations |     |                         |       |     |   |       |
| United States      |     | $                       | 8,544 |     | $ | 7,165 |
| Rest of the world  |     |                         |   267 |     |   |   273 |
| Total revenue      |     | $                       | 8,811 |     | $ | 7,438 |

The table below presents the breakdown of our revenues, based on the type of services (in thousands).

|                                      |     | Year ended December 31, |  2024 |     |   |  2023 |
|:-------------------------------------|:----|:------------------------|------:|:----|:--|------:|
| Service type                         |     |                         |       |     |   |       |
| AI Solutions (Products and Services) |     | $                       | 8,811 |     | $ | 7,438 |
| Total revenue                        |     | $                       | 8,811 |     | $ | 7,438 |

The revenue from the AI Solutions - Products is insignificant during the year ended December 31, 2024 and 2023. Revenue for the year ended December 31, 2024 increased by $1.4 million to $8.8 million as compared to 7.4 million for the year ended December 31, 2023, due to AI Solutions (Products and Services). During the years ended December 31, 2024 and December 31, 2023, the product revenues were insignificant. The 259

period-on-period increase is due to revenue growth primarily driven by new contracts with both new and existing
customers. $1.4 million of the increase was attributable to new customers, and $1.1