CXApp Inc.
For the period ended Dec 31, 2024. Filed Apr 7, 2025.
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.
FY2024 · Filed Apr 7, 2025
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, 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 · AccumulatedOther Comprehensive · Total Stockholders’ | ||||||||||
| Shares · Amount · Shares · Amount · Capital · Deficit · Income (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 | |
| Balance at December 31, 2023 | 15,254,389 | $2 | - | $ | - | $83,282 | $(57,801) | $(85) | $25,398 | |
| Net loss | - | - | - | - | - | (19,408) | - | (19,408) | ||
| Stock-based compensation | - | - | - | - | 2,831 | - | - | 2,831 | ||
| Net exercise of options | 12,570 | - | - | - | - | - | - | - | ||
| Common shares issued for extinguishment of debt | 3,695,211 | - | - | - | 6,579 | - | - | 6,579 | ||
| Common shares issued for vested restricted stock units | 246,220 | - | - | - | - | - | - | - | ||
| Taxes withheld on stock-based compensation | - | - | - | - | (171) | - | - | (171) | ||
| Common shares issued as commitment shares | 40,000 | - | - | - | 62 | - | - | 62 | ||
| Cumulative translation adjustment | - | - | - | - | - | - | 301 | 301 | ||
| Balance at December 31, 2024 | 19,248,390 | $2 | - | $ | - | $92,583 | $(77,209) | $216 | $(15,592) | |
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