Company: CXAI
Filing Date: 2025-05-23
Form Type: 424B3
Source: 0001829126-25-003922
Chunk: 29

Company: CXApp Inc.
Filing Date: 2025-05-23
Form: 424B3
Chunk 29
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|:---------|-----:|:--|:----|:------|-------:|:--|
| Deferred Revenue – January 1, 2024   |     | $                  |  2,404 |   |     | $                  |  474 |   |     | $        |    - |   |     | $     |  2,878 |   |
| Revenue recognized                   |     |                    | (6,202 | ) |     |                    | (798 | ) |     |          | (142 | ) |     |       | (7,142 | ) |
| Revenue deferred                     |     |                    |  6,402 |   |     |                    |  385 |   |     |          |  160 |   |     |       |  6,947 |   |
| Deferred Revenue – December 31, 2024 |     | $                  |  2,604 |   |     | $                  |   61 |   |     | $        |   18 |   |     | $     |  2,683 |   |

<div align='center'>19</div>

Deferred revenues was approximately $2,804 thousand and $2,683 thousand as of March 31, 2025 and December 31, 2024 respectively.

The fair value of the deferred revenue approximates the services to be rendered.

NOTE 7 – Accrued Liabilities

Accrued liabilities consisted of the following for the three months ended March 31, 2025 and year ended December 31, 2025(in thousands):

| Schedule of accrued Liabilities                |     |   | March 31, 
      2025 |     |   | December 31, 
         2024 |
|:-----------------------------------------------|:----|:--|----------:|:----|:--|-------------:|
| Accrued expenses and reimbursements            |     | $ |     1,773 |     | $ |        1,690 |
| Accrued compensation and benefits              |     |   |       349 |     |   |          382 |
| Accrued bonus and commissions                  |     |   |       271 |     |   |          134 |
| Accrued sales and other indirect taxes payable |     |   |        93 |     |   |           95 |
| Accrued insurance premium and interest