CXApp Inc-A 2026年季度报告

FORM10-Q (MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission File Number: 001-39642 CXApp Inc.(Exact name of Registrant as Specified in Its Charter) Four Palo Alto Square, Suite 2003000 El Camino RealPalo Alto, CA 94306(Address of principal executive offices, zip code) (650) 785-7171(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ As of May11, 2026, there were 70,089,277 shares of Class A common stock, $0.0001 par value, issued and outstanding. CXAPP INC. TABLE OF CONTENTS Item 1.Financial Statements1Condensed Consolidated Balance Sheets as of March 31, 2026 (unaudited) and December31, 20251Condensed Consolidated Statements of Operations and Comprehensive Loss for the three months endedMarch31, 2026 (unaudited) and March31, 2025 (unaudited)2Condensed Consolidated Statements of Stockholders’ Equity for the three months ended March31,2026 (unaudited) and March31, 2025 (unaudited)3Condensed Consolidated Statements of Cash Flows for the three months ended March31, 2026(unaudited) and March31, 2025 (unaudited)4Notes to Unaudited Condensed Consolidated Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations33Item 3.Quantitative and Qualitative Disclosures About Market Risk42Item 4.Controls and Procedures43 Item 1.Legal Proceedings44Item 1A.Risk Factors44Item 2.Unregistered Sales of Equity Securities and Use of Proceeds44Item 3.Defaults Upon Senior Securities44Item 4.Mine Safety Disclosures44Item 5.Other Information44Item 6.Exhibits45 CXAPP INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(in thousands, except share and per share data) CXAPP INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ANDCOMPREHENSIVE LOSS(Unaudited, in thousands, except share and per share data) Basic and diluted weighted average shares outstanding, Class A common stock45,206,70319,678,147Basic and diluted net loss per share, Class A common stock$(0.09)$(0.08) CXAPP INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited, in thousands) CXAPP INC. AND SUBSIDIARIESNOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTE 1 – Organization and Nature of Business CXApp Inc. and its subsidiaries (“CXApp” or the “Company”) is in the business of delivering intelligent enterprise workplaceexperiences. The CXApp SaaS platform is anchored on the intersection of customer experience (CX) and artificial intelligence (AI)providing digital transformation for the physical workplace for enhanced experiences across people, places and things. The CXApp SaaS platform offers a suite of leading-edge technology workplace experience solutions including an enterprise employeeapplication, indoor mapping, on-device positioning, augmented reality technologies, generative AI applications and an AI-basedanalytics platform, targeting the emerging hybrid workplace market. CXApp creates a connected workplace by reducing app overload,data fragmentation, and complex workflows and streamlines all capabilities through The Workplace SuperApp. All features, servicesand integrations are housed in one easy-to-access platform allowing businesses to deliver a more holistic employee experience in ahybrid workplace. NOTE 2 – Summary of Significant Accounting