Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 914

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 6
Chunk 914
---
 at September 30, 2024
     
    $
    (359
    )
     
    $
    (359
    )

    As Restated

    Balance at March 31, 2024
     
    $
    (62,971
    )
     
    $
    20,881

    Net loss

    (5,468
    )

    (5,468
    )
  
    Balance at June 30, 2024
     
    $
    (68,439
    )
     
    $
    16,268

    Net loss

    (5,434
    )

    (5,434
    )
  
    Balance at September 30, 2024
     
    $
    (73,873
    )
     
    $
    13,633

Consolidated Statements of Cash Flows

The following unaudited consolidated statements of cash flow tables present the impacts of the restatement adjustments for the six months ended June 30, 2024, and the nine months ended September 30, 2024.

    Schedule of consolidated statements of cash flows

    Six Months Ended June 30, 2024

    (in thousands)
     
    As Previously Reported

    Adjustments to Debt

    As Restated

    Operating activities

    Net Loss
     
    $
    (10,426
    )
     
    $
    (212
    )
     
    $
    (10,638
    )
  
    Adjustments to reconcile net loss to net cash used in operating activities

    Amortization of debt discount and deferred financing cost

    445

    272

    717

    Accrued interest expense on promissory note and convertible debt

    210

    (10
    )

    200

    Change in fair value of derivative liability

    2,523

    (50
    )

    2,473

    Net cash used in operating activities

    (2,560
    )

    -

    (2,560
    )

    F-46

    Nine Months Ended September 30, 2024,

    (in thousands)
     
    As Previously Reported

    Adjustments to Debt

    Adjustments to Accrued Legal Fees

    As Restated

    Operating activities

    Net loss
     
    $
    (15,430
    )
     
    $