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

Company: CXApp Inc.
Filing Date: 2025-05-23
Form: 424B3
Chunk 23
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                   4.22% |

Pre-Paid Purchase #3

| Inputs                |     |               March 31, 
                    2025 |     |            December 31, 
                    2024 |
|:----------------------|:----|------------------------:|:----|------------------------:|
| Valuation method      |     | Scenario based analysis |     | Scenario based analysis |
| Stock price           |     |                   $0.90 |     |                   $1.82 |
| Equity dividend yield |     |                   0.00% |     |                   0.00% |
| Expected term (years) |     |                   2.175 |     |                    2.42 |
| Volatility            |     |                  93.80% |     |                  100.8% |
| Discount rate         |     |                  13.20% |     |                   11.8% |
| Risk free rate        |     |                   3.85% |     |                   4.22% |

<div align='center'>15</div>

Fair Value of Financial Instruments

Financial instruments consist of cash and cash equivalents, accounts receivable, unbilled and other receivables and accounts payable. The Company determines the estimated fair value of such financial instruments presented in the financial statements is equal to its carrying value due to their short-term nature.

Carrying Value, Recoverability and Impairment of Long-Lived Assets

The Company follows FASB ASC 360 “Property, Plant, and Equipment” (“ASC 360”) for its long-lived assets. Pursuant to ASC 360-10-35-17, an impairment loss shall be recognized only if the carrying amount of a long-lived asset (asset group) is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset (asset group) is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset (asset group). That assessment shall be based on the carrying amount of the asset (asset group) at the date it is tested for recoverability. An impairment loss shall be measured as the amount by which the carrying amount of a long-lived asset (asset group) exceeds its fair value. Pursuant to ASC 360-10-35-20 if an impairment loss is recognized, the adjusted carrying amount of a long-lived asset shall be its new cost basis. For a depreciable long