Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 550

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 550
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consolidated financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe
that our audit provides a reasonable basis for our opinion.

/s/ KNAV CPA LLP

KNAV CPA LLP

We have served as the
Company’s auditor since 2023.

Atlanta, Georgia

April
23, 2025

PCAOB ID - 2983

F-47

Fusemachines Inc. and Subsidiaries Consolidated Balance Sheets (all amounts in USD, in thousands, except number of shares and per share data)

|                                                                                                                                                                         |      | As of December 31, |         |   |      |     |         |   |
|                                                                                                                                                                         | 2024 |                    |         |   | 2023 |     |         |   |
| Assets                                                                                                                                                                  |      |                    |         |   |      |     |         |   |
| Current Assets:                                                                                                                                                         |      |                    |         |   |      |     |         |   |
| Cash and cash equivalents                                                                                                                                               |      |                    |     500 |   |      |     |     266 |   |
| Accounts receivable, current, net                                                                                                                                       |      |                    |   1,420 |   |      |     |   1,088 |   |
| Unbilled revenue                                                                                                                                                        |      |                    |     113 |   |      |     |      80 |   |
| Deferred transaction costs                                                                                                                                              |      |                    |   1,865 |   |      |     |     181 |   |
| Prepaid expenses and other current assets                                                                                                                               |      |                    |     219 |   |      |     |     176 |   |
| Total current assets                                                                                                                                                    |      |                    |   4,117 |   |      |     |   1,791 |   |
| Property and equipment, net                                                                                                                                             |      |                    |     348 |   |      |     |     416 |   |
| Intangible assets, net                                                                                                                                                  |      |                    |     187 |   |      |     |     113 |   |
| Accounts receivable, net                                                                                                                                                |      |                    |       4 |   |      |     |      22 |   |
| Deferred Tax Asset                                                                                                                                                      |      |                    |      10 |   |