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CXAIW

CXApp Inc.

CXAIW

CXApp Inc. • NASDAQ
$0.07 ▲ 23.97% (+0.01)
Market Cap $17.46 M
52w High $0.10
52w Low $0.06
Dividend Yield 0%
P/E 0
Volume 18.08K
Outstanding Shares 169.44M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 ▼ $3.261M ▼ $-3.157M ▼ 0% ▲ $-0.15 $-2.549M ▼
Q2-2025 $1.223M ▼ $5.163M ▲ $-3.139M ▼ -256.664% ▼ $-0.15 ▼ $-2.187M ▼
Q1-2025 $1.224M ▼ $4.819M ▲ $-1.616M ▲ -132.026% ▲ $-0.082 ▲ $-784K ▲
Q4-2024 $1.661M ▼ $4.606M ▼ $-3.978M ▲ -239.494% ▲ $-0.25 ▲ $-2.386M ▲
Q3-2024 $1.897M $4.851M $-5.004M -263.785% $-0.32 $-2.527M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $5.088M ▲ $28.543M ▼ $13.309M ▼ $15.234M ▲
Q2-2025 $4.854M ▲ $29.568M ▲ $15.258M ▲ $14.31M ▼
Q1-2025 $3.893M ▼ $29.252M ▼ $13.655M ▼ $15.597M ▲
Q4-2024 $4.88M ▼ $31.803M ▲ $16.211M ▼ $15.592M ▲
Q3-2024 $5.082M $31.575M $17.3M $14.275M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-3.157M ▼ $-2.759M ▲ $-5K ▲ $3M ▼ $234K ▼ $-2.764M ▲
Q2-2025 $-3.139M ▼ $-3.012M ▼ $-11K ▼ $3.99M ▲ $961K ▲ $-3.023M ▼
Q1-2025 $-1.616M ▲ $-979K ▲ $-5K ▼ $0 ▼ $-987K ▼ $-984K ▲
Q4-2024 $-3.978M ▲ $-2.696M ▼ $0 ▲ $2.5M ▲ $-202K ▲ $-2.696M ▼
Q3-2024 $-5.004M $-2.069M $-4K $1M $-1.078M $-2.073M

Five-Year Company Overview

Income Statement

Income Statement Revenue is still very small and has not shown meaningful growth over the past few years. The company has consistently run at an operating loss, meaning its core business is not yet covering its costs. Net results have been negative in recent years after a brief period of small profitability earlier in the period. Overall, this looks like an early-stage software business still in the investment and build‑out phase rather than one generating strong, stable earnings.

Balance Sheet

Balance Sheet The balance sheet is light, with a modest asset base and only a thin equity cushion. Cash appears limited, while debt has started to show up, which can reduce financial flexibility. Compared with earlier years, total assets and equity have shrunk significantly, suggesting the company has been drawing down its resources to fund operations. This leaves less room to absorb setbacks and makes future capital raises more likely if growth investments continue.

Cash Flow

Cash Flow Operating cash flow has been negative in recent years, which means the business is consuming cash rather than generating it from day‑to‑day activities. Free cash flow mirrors this pattern, as there is little capital spending but still no surplus cash being produced. The company is effectively dependent on external funding or existing cash to support its growth strategy until its recurring revenue base becomes large enough to cover costs.

Competitive Edge

Competitive Edge CXApp is targeting a focused niche: using AI to improve the modern, hybrid workplace experience. Its edge is built on deep integrations with large enterprises, particularly big global companies, which can make it harder for customers to switch once embedded. Partnerships with a major cloud provider and a specialist telepresence firm broaden its reach and technology stack. The business model is subscription‑driven, which can be attractive if renewals remain high, but the company still competes in a crowded workplace and collaboration software space with many larger, better‑funded rivals.

Innovation and R&D

Innovation and R&D Innovation centers on an AI‑native workplace platform that combines autonomous “agent” capabilities with detailed mapping and location intelligence inside office spaces. The company has built a comprehensive “super app” for workplace tasks, backed by a growing patent portfolio in areas like 3D and augmented‑reality mapping. It leverages cloud AI tools and data analytics to offer predictive features, such as smarter room booking and space optimization. Future plans emphasize expanding these agentic AI features, deepening strategic partnerships, and extending AR use cases, all of which could strengthen differentiation if execution matches ambition.

Summary

CXApp, whose warrants trade as CXAIW, is an early‑stage, AI‑driven workplace software company with an appealing strategic story but still‑weak financial foundations. The business is not yet profitable and continues to use cash, with a lean balance sheet and limited financial buffer. On the other hand, it has built a specialized position around AI‑powered employee experiences, spatial intelligence, and deep enterprise integrations, supported by patents and cloud partnerships. The key uncertainties are how quickly it can scale recurring revenue, control costs, and maintain its technological lead in a very competitive market, given its constrained financial resources and SPAC background. As with many young technology firms, outcomes could range widely depending on execution, customer adoption, and access to capital.