Company: CXAI
Filing Date: 2025-05-23
Form Type: 424B3
Source: 0001829126-25-003922
Chunk: 41

Company: CXApp Inc.
Filing Date: 2025-05-23
Form: 424B3
Chunk 41
---
 maintains cash deposits with financial institutions, which, from time to time, may exceed federally insured limits. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company’s financial condition, results of operations, and cash flows. Cash is also maintained at foreign financial institutions for its Canadian and Philippines subsidiaries and its majority-owned India subsidiary. Cash in foreign financial institutions as of March 31, 2025 and December 31, 2024 was $170 thousand and $166 thousand respectively.

The Company has not experienced any losses and
believes it is not exposed to any significant credit risk from cash for the three months ended March 31, 2025 or for the year
ended December 31, 2024. However, any loss incurred or lack of access to such funds could have a significant impact on the
Company’s financial condition, results of operations, and cash flows.

NOTE 15 – Segment Information

The Company has determined that it operates as a single operating segment. The Company offers a vertical software-as-a-service (or SaaS) platform for the enterprise. The flagship product, the CXAI Platform (pronounced “Sky”), provides a comprehensive suite of tools designed to empower employees and enable organizations to create smarter workplaces. The Company’s Chief Executive Officer is the Chief Operating Decision Maker (“CODM”). The CODM allocates resources and makes operating decisions based on consolidated net income.

The CODM does not evaluate profitability below the level of the consolidated company. The Company uses net income (loss) as the primary measure of financial performance. However, in evaluating operating results on a budget versus actual basis, the Company focuses on cash-based operating expenses as a more cost of revenue, professional services, marketing, research and development, and other general and administrative expenses—to be significant. In contrast, the Company does not place significant emphasis on stock-based compensation, amortization of intangibles, change in fair value of warrant liabilities, loss on debt extinguishment, and other non-cash adjustments in its internal analysis of period-over-period operating results.

<div align='center'>28</div>

The following table presents selected financial information with respect to the Company’s single operating segment:

| Schedule of segment Information    |     |   | Three Months Ended March 31, 
                         2025 |   |     |   | Three Months Ended 
          March 31, 
               2024 |   |
|:-----------------------------------|:----|:--|-----------------------------:|:--|: