Company: CXAI
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001829126-25-006141
Chunk: 2

Company: CXApp Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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ARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited, in thousands)

    Six Months Ended June 30,

    2025

    2024

    Operating activities

    Net loss
     
    $
    (4,755
    )
     
    $
    (10,426
    )  
  
    Adjustments to reconcile net loss to net cash used in operating activities

    Depreciation and amortization

    24

    44

    Amortization of intangible assets

    1,366

    1,366

    Amortization of right of use asset

    193

    201

    Amortization of debt discount and deferred financing cost

    -

    445

    Accrued interest expense on promissory note and convertible debt

    281

    210

    Accrued monitoring fee on promissory note

    -

    408

    Deferred income taxes

    -

    (366
    )
  
    Stock-based compensation expense

    1,378

    1,436

    (Gain) loss on foreign currency transactions

    (299
    )

    84

    Loss on debt extinguishment

    48

    -

    Change in fair value of derivative liability

    (3,076
    )

    2,523

    Loss on contract to issue common stock

    20

    -

    Change in operating assets and liabilities:

    Accounts receivable and other receivables

    869

    1,555

    Prepaid expenses and other current assets

    (39
    )

    (76
    ) 
  
    Other assets

    (19
    )

    -

    Accounts payable

    414

    (389
    ) 
  
    Accrued liabilities

    (38
    )

    574

    Operating lease liabilities

    (203
    )

    (212
    ) 
  
    Deferred revenue

    (155
    )

    63

    Net cash used in operating activities

    (3,991
    )

    (2,560
    ) 

    Investing activities

    Purchases of property and equipment

    (16
    )

    (26
    )
  
    Net cash used in investing activities

    (16
    )

    (26
    )

    Financing activities

    Proceeds from