Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 1579

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 14
Chunk 1579
---
2,878

    Revenue recognized

    (6,202
    )

    (798
    )

    (142
    )

    (7,142
    )
  
    Revenue deferred

    6,402

    385

    160

    6,947

    Deferred Revenue - December 31, 2024
     
    $
    2,604

    $
    61

    $
    18

    $
    2,683

    License Agreement

    ProfessionalServiceAgreements

    Hardware

    Total

    Deferred Revenue - March 15, 2023
     
    $
    2,148

    $
    386

    $
    -

    $
    2,534

    Revenue recognized

    (4,560
    )

    (1,186
    )

    -

    (5,746
    )
  
    Revenue deferred

    4,816

    1,274

    -

    6,090

    Deferred Revenue - December 31, 2023
     
    $
    2,404

    $
    474

    $
    -

    $
    2,878

    F-26

    Predecessor

    License Agreement

    Professional Service Agreements

    Hardware

    Total

    Deferred Revenue - January 1, 2023
     
    $
    1,931

    $
    231

    $
    -

    $
    2,162

    Revenue recognized

    (1,204
    )

    (416
    )

    -

    (1,620
    )
  
    Revenue deferred

    1,421

    571

    -

    1,992

    Deferred Revenue - March 14, 2023
     
    $
    2,148

    $
    386

    $
    -

    $
    2,534

Deferred revenues were approximately $2,683 thousand and $2,878 thousand as of December 31, 2024, and December 31, 2023, respectively.

The fair value of the deferred revenue approximates the services to be rendered.

NOTE 8 – Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

    Schedule of accrued Liabilities

    December 31,2024

    December 31,2023

    Accrued expenses