Company: CXAI
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001829126-25-006141
Chunk: 66

Company: CXApp Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 66
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 investment in hybrid workplace enablement, data-driven decision-making, and employee-centric technology platforms. 

    ●
    CXApp believes its AI-driven platform offers differentiated capabilities compared to traditional workplace management systems by integrating real-time analytics, behavioral insights, and predictive modeling. These features may support more agile decision-making for customers managing distributed workforces and dynamic office environments. 

    ●
    While macroeconomic uncertainty persists, the Company continues to observe strong interest from enterprise clients for intelligent, flexible workplace infrastructure. Management believes this demand aligns with the Company’s strategy to scale AI-enabled solutions that address evolving operational needs. 

Conclusion

As we advance our strategic roadmap, CXApp remains focused on executing with discipline and precision. Our AI-first approach, financial discipline, and emphasis on customer-centric innovation are key drivers of our long-term vision to redefine employee experiences in the hybrid workplace. By leveraging our strong foundation and expanding our enterprise footprint, we are well-positioned to deliver sustained growth and value for our stakeholders.

Recent Events

On April 8, 2025, the Company received proceeds from the Avondale convertible Pre-Paid Purchase #1.

RESULTS OF OPERATIONS

Comparison of the results of operations for the three months ended June 30, 2025 and June 30, 2024

The following table sets forth our results of operations. This data should be read together with our unaudited financial statements and related notes.

    (in thousands)
     
    Three months endedJune 30,2025

    Three months endedJune 30,2024

    (unaudited)

    (unaudited)

    Condensed Consolidated Statements of Operations Data

    Revenues
     
    $
    1,223

    $
    1,766

    Cost of revenues

    (171
    )

    (353
    )
  
    Gross profit

    1,052

    1,413

    Operating expenses

    (5,163
    )

    5,063

    Loss from operations

    (4,111
    )

    (3,650
    )
  
    Other expense, net

    973

    (1,765
    )
  
    Income tax benefit, provision (expense)

    (1
    )

    159

    Net loss
     
    $
    (3,139
    )
     
    $
    (5,256
    )

36

Revenues

The Company generates revenue primarily from subscription