CXApp Inc
For the period ended Dec 31, 2023. Filed May 24, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
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 Operations and Comprehensive Income (Loss)
(in thousands, except share and per share data)
| Successor · Predecessor | ||||
|---|---|---|---|---|
| Period from March 15, 2023 to December 31, 2023 · Period from January 1, 2023 to March 14, 2023 · Year Ended December 31, 2022 | ||||
| Revenues | $5,746 | $1,620 | $8,470 | |
| Cost of Revenues | 1,268 | 483 | 2,064 | |
| Gross Profit | 4,478 | 1,137 | 6,406 | |
| Operating Expenses | ||||
| Research and development | 5,309 | 1,455 | 9,323 | |
| Sales and marketing | 3,242 | 964 | 5,096 | |
| General and administrative | 5,374 | 2,293 | 11,571 | |
| Acquisition related costs | 543 | - | 16 | |
| Amortization of intangible assets | 2,162 | 806 | 3,885 | |
| Impairment of goodwill | 36,056 | - | 5,540 | |
| Total Operating Expenses | 52,686 | 5,518 | 35,431 | |
| Loss from Operations | (48,208) | (4,381) | (29,025) | |
| Other Income (Expense) | ||||
| Interest income (expense), net | 65 | 1 | 4 | |
| Change in fair value of derivative liability | (4,714) | - | - | |
| Other Expense | 47 | - | (1) | |
| Total Other Income (Expense) | (4,602) | 1 | 3 | |
| Net Loss, before tax | (52,810) | (4,380) | (29,022) | |
| Income tax benefit/(expense) | 3,572 | - | (153) | |
| Net Loss | $(49,238) | $(4,380) | $(29,175) | |
| Unrealized foreign exchange gain/(loss) from cumulative translation adjustments | (85) | (28) | 1,155 | |
| Comprehensive Loss | $(49,323) | $(4,408) | $(28,020) | |
| Basic and diluted weighted average shares outstanding, Class A common stock | 11,403,393 | |||
| Basic and dilutive net loss per share, Class A common stock | $(4.32) | |||
| Basic and diluted weighted average shares outstanding, Class C common stock | - | |||
| Basic and dilutive net loss per share, Class C common stock | $ | - | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.