Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 1407

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 12
Chunk 1407
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    Current Assets

    Cash and cash equivalents
     
    $
    4,880

    $
    6,275

    Accounts receivable, net of allowance for credit losses of $0 and $2, respectively

    1,686

    1,956

    Unbilled and other receivables

    89

    211

    Prepaid expenses and other current assets

    425

    587

    Total current assets

    7,080

    9,029

    Property and equipment, net

    64

    115

    Intangible assets, net 

    15,404

    18,136

    Operating lease right-of-use asset, net

    465

    486

    Goodwill

    8,737

    8,737

    Other assets

    53

    78

    Total Assets
     
    $
    31,803

    $
    36,581

    Liabilities and Stockholders’ Equity

    Current Liabilities

    Accounts payable
     
    $
    509

    $
    975

    Accrued liabilities

    2,383

    1,452

    Deferred revenue

    2,683

    2,878

    Warrant liability

    5,048

    1,683

    Operating lease obligation, current

    350

    275

    Promissory note, net

    603

    3,053

    Total current liabilities

    11,576

    10,316

    Operating lease obligation, noncurrent

    123

    230

    Convertible debt

    4,512

    -

    Deferred tax liability

    -

    637

    Total Liabilities
     
    $
    16,211

    $
    11,183

    Stockholders’ Equity

    Class A Common Stock, $0.0001 par value; 200,000,000 shares authorized; 19,221,090 shares issued and outstanding as of December 31, 2024 and 15,254,389 shares issued and outstanding as of December 31, 2023
     
    $
    2

    $
    2

    Class C Common Stock, $0.0001 par value; 10,000