CXAI 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-05-13

• ● During the three months ended March 31, 2026, the gross profit was decreased to 83% when compared to 88% in March 31, 2025 driven by higher-margin AI-enabled services and a strategic focus on enterprise clients.

• ● Our customer base continues to expand across key industries, including financial services, healthcare, and technology, aligning with our objective to target high-value, recurring revenue clients.

• ● During the three months ended March 31, 2026, operating expenses remained essentially flat at $4,914 thousand compared to $4,819 thousand for the three months ended March 31, 2025. This consistency reflects ongoing discipline in cost management while supporting core business operations.

• ● The global employee experience market is projected to grow at 20% CAGR, creating substantial opportunities for CXApp to expand its footprint in the enterprise workplace solutions market.

• ● We believe our AI-driven platform differentiates us from legacy workplace management systems, enabling real-time data analytics and actionable insights that are designed to support strategic decision-making.

相对上期删除的文字 · 来源:10-Q · 2025-11-12

• ● During the three months ended September 30, 2025, the gross margin remained strong reaching, 88.96%, when compared to 80.39% in September 30, 2024, driven by moving the company to a SaaS based model focused on AI-enabled services.

• ● Customer base remained stable and diversified, with continued presence across financial services, healthcare, and technology sectors, supporting our focus on high-value, recurring revenue clients.

• ● Operating expenses remained largely consistent during the three months ended September 30, 2025, totaling $4,816 thousand compared to $5,210 thousand for the same period in 2024. This stability reflects a balanced approach to strategic investments in research and development, alongside effective c…

• ● According to industry research, the global employee experience and workplace technology market is expected to grow at a compound annual growth rate (CAGR) exceeding 20% over the coming years. This trend reflects ongoing enterprise investment in hybrid workplace enablement, data-driven decision-mak…

• ● CXApp believes its AI-driven platform offers differentiated capabilities compared to traditional workplace management systems by integrating real-time analytics, behavioral insights, and predictive modeling. These features may support more agile decision-making for customers managing distributed w…

相对上期删除的文字 · 来源:10-Q · 2025-11-12

• Management has developed and is implementing a comprehensive remediation plan to address the material weaknesses identified in internal control over financial reporting.

• For Tax Accounting Controls, the Company has enhanced review procedures and implemented automated reconciliation processes to improve the completeness and accuracy of income tax accruals, with a particular focus on state tax liabilities. The Company has also engaged external tax specialists to assis…

• With respect to the Expense Accrual Process, the Company has revised its period-end close procedures to include standardized accrual checklists, earlier cut-off timelines, and enhanced management review controls. These measures are designed to improve the timeliness and accuracy of expense recogniti…

• For Fair Value Election and Embedded Derivatives, the Company has enhanced its accounting policy framework to ensure appropriate identification, bifurcation, and fair value measurement of financial instruments. A valuation specialist has been engaged to perform independent fair value assessments, an…

• Management will continue to monitor the effectiveness of these remediation efforts and will complete additional enhancements as necessary to ensure sustainable improvement in the Company’s internal control environment.

相对上期删除的文字 · 来源:10-Q · 2025-11-12

• On April 17, 2025, CXApp filed its definitive proxy statement on Schedule 14A for the annual meeting of shareholders held on May 20, 2025 (the “Proxy Statement”). The Company has determined that the Proxy Statement inadvertently misstated the fees for audit and other services provided by Withum for …