NASDAQ : CXAI
CXApp Inc. — Financial statements
Technology · Software - Application · United States
Last price 1.51 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.53M
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Financial statements
CXApp Inc. (CXAI) reported revenue of 4.78M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.78M | 4.58M | 7.14M | 7.37M | 8.47M | |
| Cost of Revenue | 1.04M | 578.00K | 1.28M | 1.75M | 2.06M | |
| Gross Profit | 3.74M | 4.00M | 5.86M | 5.62M | 6.41M | |
| Selling, General & Admin | 10.62M | 10.07M | 10.49M | 11.87M | 16.67M | 1.50M |
| Research & Development | 6.16M | 6.64M | 6.38M | 6.76M | 9.32M | |
| Amortization of Goodwill & Intangibles | 2.77M | 2.73M | 2.73M | 2.97M | 3.88M | |
| Operating Expenses | 19.56M | 19.43M | 19.60M | 21.61M | 29.88M | 1.50M |
| Operating Income | -15.82M | -15.43M | -13.74M | -15.99M | -23.47M | -1.50M |
| Interest Expense | -652.00K | -701.00K | -1.76M | |||
| Interest & Investment Income | 66.00K | 4.00K | 68.37K | |||
| Other Non Operating Income (Expenses) | -3.42M | 4.81M | -3.49M | -4.67M | -1.00K | 10.64M |
| EBT Excluding Unusual Items | -19.89M | -11.32M | -18.99M | -20.59M | -23.47M | 9.21M |
| Merger & Restructuring Charges | -543.00K | -16.00K | ||||
| Impairment of Goodwill | -2.15M | -2.15M | -36.06M | -5.54M | ||
| Other Unusual Items | -48.00K | -1.05M | ||||
| Pretax Income | -22.04M | -13.52M | -20.04M | -57.19M | -29.02M | 9.21M |
| Income Tax Expense | -696.00K | -46.00K | -635.00K | -3.57M | 153.00K | |
| Net Income | -21.34M | -13.47M | -19.41M | -53.62M | -29.18M | 9.21M |
| Net Income to Common | -21.34M | -13.47M | -19.41M | -53.62M | -29.18M | 9.21M |
| Shares Outstanding (Basic) | 911.85K | 468.28K | 318.16K | 228.07K | 388.93K | 690.00K |
| Shares Outstanding (Diluted) | 911.85K | 468.28K | 318.16K | 228.07K | 388.93K | 690.00K |
| EPS (Basic) | -23.40 | -28.77 | -61.00 | -235.10 | -75.01 | 13.34 |
| EPS (Diluted) | -23.40 | -28.77 | -61.00 | -235.10 | -75.01 | 13.34 |
| Free Cash Flow | -10.91M | -10.40M | -7.36M | -17.98M | -18.98M | -595.32K |
| Free Cash Flow Per Share | -11.96 | -22.22 | -23.12 | -78.82 | -48.81 | -0.86 |
| Gross Margin | 78.24% | 87.39% | 82.01% | 76.23% | 75.63% | |
| Operating Margin | -330.88% | -336.66% | -192.40% | -217.08% | -277.08% | |
| Profit Margin | -446.46% | -293.98% | -271.75% | -727.91% | -344.45% | |
| Free Cash Flow Margin | -228.20% | -227.01% | -102.98% | -244.04% | -224.12% | |
| EBITDA | -13.00M | -12.65M | -10.93M | -12.72M | -19.46M | |
| EBITDA Margin | -271.99% | -276.06% | -153.04% | -172.67% | -229.81% | |
| D&A For EBITDA | 2.81M | 2.78M | 2.81M | 3.27M | 4.00M | |
| EBIT | -15.82M | -15.43M | -13.74M | -15.99M | -23.47M | -1.50M |
| EBIT Margin | -192.40% | -217.08% | -277.08% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 11.68M | 11.10M | 4.88M | 6.28M | 6.31M | 406.13K |
| Cash & Short-Term Investments | 11.68M | 11.10M | 4.88M | 6.28M | 6.31M | 406.13K |
| Accounts Receivable | 706.00K | 789.00K | 1.69M | 1.96M | 1.34M | |
| Receivables | 1.15M | 967.00K | 1.77M | 2.17M | 1.61M | |
| Prepaid Expenses | 631.00K | 765.00K | 425.00K | 587.00K | 650.00K | 126.67K |
| Total Current Assets | 13.46M | 12.83M | 7.08M | 9.03M | 8.57M | 532.79K |
| Property, Plant & Equipment | 504.00K | 263.00K | 529.00K | 601.00K | 883.00K | |
| Goodwill | 7.68M | 6.59M | 8.74M | 8.74M | ||
| Other Intangible Assets | 14.80M | 12.67M | 15.40M | 18.14M | 19.78M | |
| Other Long-Term Assets | 94.00K | 73.00K | 53.00K | 78.00K | 52.00K | 278.84M |
| Total Assets | 36.54M | 32.43M | 31.80M | 36.58M | 29.28M | 279.37M |
| Accounts Payable | 1.68M | 766.00K | 509.00K | 975.00K | 1.05M | |
| Accrued Expenses | 3.61M | 2.28M | 2.34M | 1.38M | 1.74M | 767.25K |
| Short-Term Debt | 603.00K | 3.05M | ||||
| Current Portion of Leases | 258.00K | 195.00K | 350.00K | 275.00K | 266.00K | |
| Current Income Taxes Payable | 68.00K | 46.00K | 74.00K | |||
| Current Unearned Revenue | 1.36M | 1.47M | 2.68M | 2.88M | 2.16M | |
| Other Current Liabilities | 1.22M | 1.05M | 5.05M | 1.68M | 197.00K | |
| Total Current Liabilities | 8.20M | 5.76M | 11.58M | 10.32M | 5.42M | 767.25K |
| Long-Term Debt | 10.06M | 12.66M | 4.51M | |||
| Long-Term Leases | 170.00K | 31.00K | 123.00K | 230.00K | 444.00K | |
| Long-Term Deferred Tax Liabilities | 26.00K | 637.00K | ||||
| Other Long-Term Liabilities | 31.00K | 30.00K | 299.70M | |||
| Total Liabilities | 18.49M | 18.45M | 16.21M | 11.18M | 5.89M | 300.46M |
| Common Stock | 11.00K | 3.00K | 2.00K | 2.00K | 690.00 | |
| Additional Paid-In Capital | 121.48M | 104.69M | 92.58M | 83.28M | ||
| Retained Earnings | -103.31M | -90.68M | -77.21M | -57.80M | -21.09M | |
| Comprehensive Income & Other | -140.00K | -30.00K | 216.00K | -85.00K | 23.39M | |
| Shareholders' Equity | 18.05M | 13.98M | 15.59M | 25.40M | 23.39M | -21.09M |
| Total Liabilities & Equity | 36.54M | 32.43M | 31.80M | 36.58M | 29.28M | 279.37M |
| Total Debt | 10.49M | 12.88M | 5.59M | 3.56M | 710.00K | |
| Net Cash (Debt) | 1.19M | -1.78M | -708.00K | 2.72M | 5.60M | 406.13K |
| Net Cash Per Share | 1.30 | -3.81 | -2.23 | 11.91 | 14.39 | 0.59 |
| Filing Date Shares Outstanding | 2.34M | 1.14M | 396.12K | 305.09K | 5.66M | 34.50M |
| Total Common Shares Outstanding | 2.18M | 675.47K | 384.42K | 305.09K | 7.29M | 34.50M |
| Working Capital | 5.26M | 7.08M | -4.50M | -1.29M | 3.15M | -234.46K |
| Book Value Per Share | 8.27 | 20.70 | 40.56 | 83.25 | 3.21 | -0.61 |
| Tangible Book Value | -4.43M | -5.28M | -8.55M | -1.48M | 3.62M | -21.09M |
| Tangible Book Value Per Share | -2.03 | -7.82 | -22.24 | -4.83 | 0.50 | -0.61 |
| Machinery | 220.00K | 188.00K | 191.00K | 1.18M | ||
| Leasehold Improvements | 5.00K | 4.00K | 6.00K | 28.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -21.34M | -13.47M | -19.41M | -53.62M | -29.18M | 9.21M |
| Depreciation & Amortization | 3.20M | 3.16M | 3.20M | 3.61M | 4.27M | |
| Other Amortization | 862.00K | 37.00K | 527.00K | |||
| Loss (Gain) From Sale of Assets | 4.00K | 4.00K | ||||
| Asset Writedown & Restructuring Costs | 2.15M | 2.15M | 36.06M | 5.54M | ||
| Stock-Based Compensation | 2.22M | 2.78M | 2.83M | 1.24M | 1.64M | |
| Provision & Write-off of Bad Debts | 2.00K | -11.00K | 5.00K | |||
| Other Operating Activities | 3.76M | -3.90M | 4.91M | 1.08M | -1.85M | -10.71M |
| Change in Accounts Receivable | 412.00K | 825.00K | 372.00K | -557.00K | 109.00K | |
| Change in Inventory | 117.00K | |||||
| Change in Accounts Payable | -120.00K | 264.00K | -453.00K | -297.00K | 400.00K | 572.55K |
| Change in Unearned Revenue | -1.17M | -1.22M | -187.00K | 894.00K | -932.00K | |
| Change in Income Taxes | -513.00K | |||||
| Change in Other Net Operating Assets | 43.00K | -979.00K | 549.00K | -6.34M | 966.00K | 329.97K |
| Operating Cash Flow | -10.85M | -10.38M | -7.33M | -17.91M | -18.89M | -595.32K |
| Capital Expenditures | -63.00K | -23.00K | -30.00K | -66.00K | -88.00K | |
| Cash Acquisitions | -3.22M | 10.00M | ||||
| Sale (Purchase) of Intangibles | -45.00K | -394.00K | ||||
| Investing Cash Flow | -3.28M | -23.00K | -30.00K | 9.89M | -482.00K | |
| Short-Term Debt Issued | 3.00M | |||||
| Long-Term Debt Issued | 16.64M | 6.48M | ||||
| Total Debt Issued | 18.64M | 16.64M | 6.48M | 3.00M | ||
| Short-Term Debt Repaid | -500.00K | -328.00K | ||||
| Total Debt Repaid | -500.00K | -328.00K | ||||
| Net Debt Issued (Repaid) | 18.64M | 16.64M | 5.98M | 2.67M | ||
| Issuance of Common Stock | 2.46M | 14.04M | 25.97M | |||
| Repurchase of Common Stock | -146.00K | -104.00K | ||||
| Other Financing Activities | -197.00K | -5.13M | -17.58K | |||
| Financing Cash Flow | 20.96M | 16.64M | 5.98M | 16.51M | 20.73M | -17.58K |
| Foreign Exchange Rate Adjustments | -10.00K | -13.00K | -20.00K | -27.00K | -71.00K | |
| Net Cash Flow | 6.82M | 6.22M | -1.40M | 8.47M | 1.28M | -612.90K |
| Free Cash Flow | -10.91M | -10.40M | -7.36M | -17.98M | -18.98M | -595.32K |
| Free Cash Flow Margin | -228.20% | -227.01% | -102.98% | -244.04% | -224.12% | |
| Free Cash Flow Per Share | -11.96 | -22.22 | -23.12 | -78.82 | -48.81 | -0.86 |
| Levered Free Cash Flow | -4.70M | -8.75M | 1.37M | -3.87M | -6.47M | -51.25K |
| Unlevered Free Cash Flow | -4.29M | -8.31M | 1.60M | -3.91M | -6.47M | -51.25K |
| Cash Interest Paid | 56.00K | 18.00K | 1.00K | |||
| Cash Income Tax Paid | 2.00K | 29.00K | 4.00K | 119.00K | ||
| Change in Working Capital | -830.00K | -1.11M | 281.00K | -6.30M | 147.00K | 902.52K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.21M | 10.59M | 29.96M | 19.68M | 3.95B | 17.23B |
| Enterprise Value | 2.03M | 12.36M | 32.02M | 13.09M | 3.95B | 17.23B |
| Last Close Price | 1.33 | 16.60 | 91.00 | 64.50 | 503.50 | 499.50 |
| PE Ratio | 1,871.52 | |||||
| PS Ratio | 0.65 | 2.31 | 4.20 | 2.67 | 465.94 | |
| PB Ratio | 0.16 | 0.76 | 1.92 | 0.78 | 168.72 | -816.96 |
| P/TBV Ratio | 1,091.69 | |||||
| EV/Sales Ratio | 0.40 | 2.70 | 4.48 | 1.78 | 465.95 | |
| Debt / Equity Ratio | 0.58 | 0.92 | 0.36 | 0.14 | 0.03 | |
| Net Debt / Equity Ratio | -0.07 | 0.13 | 0.04 | -0.11 | -0.24 | 0.02 |
| Net Debt / EBITDA Ratio | 0.09 | -0.14 | -0.07 | 0.21 | 0.29 | |
| Net Debt / FCF Ratio | 0.11 | -0.17 | -0.10 | 0.15 | 0.29 | 0.68 |
| Asset Turnover | 0.14 | 0.14 | 0.21 | 0.22 | 0.06 | |
| Quick Ratio | 1.56 | 2.06 | 0.57 | 0.80 | 1.41 | 0.53 |
| Current Ratio | 1.64 | 2.23 | 0.61 | 0.88 | 1.58 | 0.69 |
| Return on Equity (ROE) | -131.89% | -91.11% | -94.70% | -219.80% | -2,539.99% | |
| Return on Assets (ROA) | -29.91% | -30.03% | -25.12% | -30.35% | -9.50% | -0.34% |
| Return on Capital Employed (ROCE) | -55.80% | -57.80% | -67.90% | -60.90% | -98.30% | -0.50% |
| Earnings Yield | -1,702.11% | -127.23% | -64.78% | -272.47% | -0.74% | 0.05% |
| FCF Yield | -350.88% | -98.25% | -24.55% | -91.35% | -0.48% | -0.00% |
| Buyback Yield / Dilution | -148.04% | -47.19% | -39.50% | 41.36% | 43.63% | -321.92% |