CXApp Inc. Files 2023 10-K Report

TL;DR

CXApp Inc. filed its 2023 10-K. All systems go for software biz.

AI Summary

CXApp Inc. filed its 2023 10-K report, detailing its operations as a software company. The company, formerly KINS Technology Group, Inc., is incorporated in Delaware and headquartered in Palo Alto, California. The filing covers the fiscal year ending December 31, 2023, and includes information on its common stock and warrants.

Why It Matters

This filing provides investors and stakeholders with a comprehensive overview of CXApp Inc.'s financial performance and business operations for the fiscal year 2023, including details on its corporate structure and equity.

Risk Assessment

Risk Level: low — The provided text is a standard 10-K filing header and does not contain specific financial performance data or forward-looking statements that would indicate a high risk.

Key Numbers

• 0001820875 — Central Index Key (Unique identifier for CXApp Inc. with the SEC)
• 7372 — SIC Code (Industry classification for Prepackaged Software)

Key Players & Entities

• CXApp Inc. (company) — Filer of the 10-K report
• KINS Technology Group, Inc. (company) — Former name of CXApp Inc.
• Palo Alto, CA (location) — Business and mailing address
• December 31, 2023 (date) — Fiscal year end

FAQ

Key Financial Figures

• $0.0001 — nge on which registered Common stock, $0.0001 par value per share CXAI The Nasdaq

Filing Documents

• cxappinc_10k.htm (10-K) — 1816KB
• cxappinc_ex4-5.htm (EX-4.5) — 32KB
• cxappinc_ex10-8.htm (EX-10.8) — 168KB
• cxappinc_ex23-1.htm (EX-23.1) — 3KB
• cxappinc_ex23-2.htm (EX-23.2) — 3KB
• cxappinc_ex31-1.htm (EX-31.1) — 14KB
• cxappinc_ex31-2.htm (EX-31.2) — 14KB
• cxappinc_ex32-1.htm (EX-32.1) — 4KB
• cxappinc_ex32-2.htm (EX-32.2) — 4KB
• cxappinc_ex97-1.htm (EX-97.1) — 39KB
• 0001829126-24-003713.txt ( ) — 8773KB
• cxai-20231231.xsd (EX-101.SCH) — 66KB
• cxai-20231231_cal.xml (EX-101.CAL) — 81KB
• cxai-20231231_def.xml (EX-101.DEF) — 366KB
• cxai-20231231_lab.xml (EX-101.LAB) — 412KB
• cxai-20231231_pre.xml (EX-101.PRE) — 407KB
• cxappinc_10k_htm.xml (XML) — 1347KB

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations. 37 Item 7A. Quantitative and Qualitative Disclosure About Market Risk. 51 Item 8. Consolidated Financial Statements and Supplementary Data. 51 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 51 Item 9A.

Controls and Procedures

Controls and Procedures. 51 Item 9B. Other Information. 52 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspection. 52 Part III. 53 Item 10. Directors, Executive Officers and Corporate Governance. 53 Item 11.

Executive Compensation

Executive Compensation. 60 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 63 Item 13. Certain Relationships and Related Transactions, and Director Independence. 64 Item 14. Principal Accountant Fees and Services. 67 Part IV. 68 Item 15. Exhibits, Financial Statement Schedules. 68 Item 16. Form 10-K Summary. 70 i CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND RISK FACTOR SUMMARY This Annual Report on Form 10-K contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements under "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" regarding our financial position, business strategy and the plans and objectives of management for future operations. These statements constitute projections, forecasts, and forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "will," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. A Glossary of Terms can be found in the next page for further information. The forward-looking statements contained in this Annual Report on Form 10-K are based on our current expectations and beliefs concerning future developments and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. The following summarizes th

Business

Item 1. Business. Overview CXApp's platform is a workplace experience platform for enterprise customers. Our technologies and solutions help enterprise customers deliver a comprehensive business journey in a work from-anywhere' world for employees, partners, customers and visitors. CXApp offers native mapping, analytics, on-device positioning (or ODP) and applications technologies that aim to bring people together. Our customers use our enterprise solutions in a variety of ways, including, but not limited to, workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding and navigation. Our enterprise application platform is the intersection of technology, intelligence, automation and experience for today's hybrid workplace and the workplace of the future. The CXAI software-as-a-service (or 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. Corporate Strategy The office, now, is everywhere. We believe that giving employees and teams the ability to manage different types of office scenarios' from their personal device will be the dominating path forward for a lot of companies. Enterprise organizations are considering mobile applications imperative for the successful management of distributed workforces, and the changing office landscape. Over the next five years, we believe all large enterprise organizations will be using a mobile app to manage their workplace experience initiatives. We believe CXApp is uniquely positioned as the connection point of hybrid workplace models — bringing people together through a workplace experience app that helps companies build a more meaningful and productive work experience. We put

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View this 10-K filing on SEC EDGAR