CXApp Inc
For the period ended Dec 31, 2023. Filed May 24, 2024.
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FY2023 · Filed May 24, 2024
CXAI$1.41+2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands, except share data)
| Predecessor | |||
|---|---|---|---|
| Net parent investment | Accumulated other comprehensive income (loss) | Total Shareholders’ Equity | |
| Balance at January 1, 2022 | $20,155 | $56 | $20,211 |
| Net Loss | (29,175) | - | (29,175) |
| Stock-based compensation allocated from parent | 1,640 | - | 1,640 |
| Parents’s common shares issued for CXApp earnout | 3,697 | - | 3,697 |
| Taxes paid related to net share settlement of restricted stock units | (104) | - | (104) |
| Net investment from parent | 26,023 | - | 26,023 |
| Cumulative translation adjustment | - | 1,099 | 1,099 |
| Balance at December 31, 2022 | $22,236 | $1,155 | $23,391 |
| Balance at January 1, 2023 | $22,236 | $1,155 | $23,391 |
| Net loss | (4,380) | - | (4,380) |
| Stock-based compensation allocated from parent | 158 | - | 158 |
| Net investment from parent | 8,680 | - | 8,680 |
| Cumulative translation adjustment | - | (28) | (28) |
| Balance at March 14, 2023 | $26,694 | $1,127 | $27,821 |
| Successor | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock · Class C Common Stock · Additional Paid-in · Accumulated · Accumulated Other Comprehensive Income · Total Stockholders’ | ||||||||||
| Shares · Amount · Shares · Amount · Capital · Deficit · (Loss) · Deficit | ||||||||||
| Balance at March 15, 2023 | 7,034,999 | $1 | - | $ | - | $1,607 | $(8,563) | $ | - | $(6,955) |
| Shares issued in connection with Business Combination | 1,547,700 | - | 5,487,300 | 1 | 69,927 | - | - | 69,928 | ||
| Net loss | - | - | - | - | (49,238) | - | (49,238) | |||
| Stock-based compensation | - | - | - | - | 925 | - | - | 925 | ||
| Warrant exchange and exercise | 1,035,000 | - | - | - | 10,134 | - | - | 10,134 | ||
| Warrant exercise – cashless | 49,608 | - | - | - | 548 | - | - | 548 | ||
| Mandatory conversion from Class C common stock to Class A common stock | 5,487,300 | 1 | (5,487,300) | (1) | - | - | - | - | ||
| Common stock issuance – non-cash compensation | 99,782 | - | - | - | 195 | - | - | 195 | ||
| Stock issuance cost | - | (54) | (54) | |||||||
| Cumulative translation adjustment | - | - | - | - | - | - | (85) | (85) | ||
| Balance at December 31, 2023 | 15,254,389 | $2 | - | $ | - | $83,282 | $(57,801) | $(85) | $25,398 | |
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