CXApp Inc.
For the period ended Dec 31, 2025. Filed Mar 30, 2026.
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FY2025 · Filed Mar 30, 2026
CXAI$1.41+2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share data)
| Year Ended December 31, 2025 | Year ended December 31, 2024 | |
|---|---|---|
| Revenues | $4,583 | $7,142 |
| Cost of Revenues | 578 | 1,285 |
| Gross Profit | 4,005 | 5,857 |
| Operating Expenses | ||
| Research and development | 6,636 | 6,380 |
| Sales and marketing | 2,093 | 3,249 |
| General and administrative | 7,973 | 7,237 |
| Amortization of intangible assets | 2,732 | 2,732 |
| Impairment of goodwill | 2,148 | - |
| Total Operating Expenses | 21,582 | 19,598 |
| Loss from Operations | (17,577) | (13,741) |
| Other Income (Expense) | ||
| Interest expense, net | (701) | (1,756) |
| Change in fair value of derivative liability | 4,548 | (3,152) |
| Loss on debt extinguishment | (48) | (1,052) |
| Other income (expense), net | 259 | (342) |
| Total Other Income (Expense) | 4,058 | (6,302) |
| Loss, before tax | (13,519) | (20,043) |
| Deferred income tax benefit | 46 | 635 |
| Net Loss | $(13,473) | $(19,408) |
| Unrealized foreign exchange gain (loss) from cumulative translation adjustments | (246) | 301 |
| Comprehensive Loss | $(13,719) | $(19,107) |
| Basic and diluted weighted average shares outstanding, Class A common stock | 23,414,190 | 15,907,946 |
| Basic and diluted net loss per share, Class A common stock | $(0.58) | $(1.20) |
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