CXAI · Cxapp Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $950.0K | - | $1.90M | $1.22M | $1.82M | - | - | - | - | - |
| Cost of Revenue | $160.0K | - | $123.0K | $353.0K | $327.0K | - | - | - | - | - |
| Gross Profit | $790.0K | - | $991.0K | $1.41M | $1.49M | - | - | - | - | - |
| R&D | $1.50M | - | $1.48M | $1.73M | $1.60M | - | - | - | - | - |
| SG&A | $2.32M | - | $2.29M | $1.69M | $1.68M | - | - | - | - | - |
| Total Operating Expenses | $4.91M | - | $4.82M | $5.06M | $5.08M | - | - | $1.10M | $301.7K | $323.3K |
| D&A | $9.0K | - | $11.0K | $12.0K | $22.0K | - | - | - | - | - |
| Operating Income | ($4.12M) | - | ($3.83M) | ($4.11M) | ($3.59M) | - | - | ($1.10M) | ($301.7K) | ($323.3K) |
| Interest Expense | - | - | $0 | $322.0K | $320.0K | - | - | - | - | - |
| Income Tax | $2.0K | - | ($147.0K) | $1.0K | ($207.0K) | - | - | $0 | $22.9K | - |
| Net Income | ($4.00M) | - | ($5.43M) | ($3.14M) | ($5.17M) | - | - | $872.3K | $10.07M | $7.87M |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $12.34M | $11.10M | $5.09M | $4.85M | $4.88M | - | $224.5K | $219.3K | $189.1K | $391.1K |
| Accounts Receivable | $907.0K | $789.0K | $94.0K | $818.0K | $732.0K | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $1.01M | $766.0K | $951.0K | $925.0K | $509.0K | - | - | - | - | - |
| Current Assets | $14.19M | $12.83M | $6.01M | $6.24M | $7.08M | $9.03M | $228.0K | $311.7K | $218.9K | $441.8K |
| Total Assets | $32.99M | $32.43M | $28.54M | $29.57M | $31.80M | $36.58M | $4.15M | $9.89M | $9.75M | $279.22M |
| Current Liabilities | $6.21M | $5.76M | $6.72M | $7.65M | $9.34M | $10.32M | $3.23M | $2.21M | $1.02M | $919.0K |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $17.05M | $18.45M | $13.31M | $15.26M | $16.21M | $11.18M | $3.95M | $2.94M | $3.67M | $13.69M |
| Stockholders' Equity | $15.95M | $13.98M | $13.63M | $16.48M | $20.88M | $25.40M | ($3.72M) | ($2.52M) | ($3.40M) | ($13.23M) |
| Retained Earnings | ($94.69M) | ($90.68M) | ($85.12M) | ($81.96M) | ($78.83M) | - | ($3.72M) | ($2.53M) | ($3.40M) | ($13.23M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.21M) | - | - | - | ($650.0K) | - | - | - | - | ($95.5K) |
| Investing Cash Flow | - | - | - | - | ($18.0K) | - | - | - | - | $80.5K |
| Financing Cash Flow | $3.45M | - | - | - | - | - | - | - | - | - |
| CapEx | - | - | - | - | $18.0K | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | ($668.0K) | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 83.2% | - | 52.2% | 115.5% | 82.0% | - | - | - | - | - |
| Operating margin | -434.1% | - | -201.6% | -336.1% | -197.3% | - | - | - | - | - |
| EBITDA margin | -433.2% | - | -201.1% | -335.2% | -196.1% | - | - | - | - | - |
| Net margin | -421.4% | - | -286.5% | -256.7% | -284.4% | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | -36.7% | - | - | - | - | - |
| FCF / Net income | - | - | - | - | 0.13 | - | - | - | - | - |
| R&D / Revenue | 158.1% | - | 77.8% | 141.5% | 88.0% | - | - | - | - | - |
| SG&A / Revenue | 243.8% | - | 120.5% | 138.3% | 92.5% | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | 0.0% | 0.2% | - |
| Return on assets | -12.1% | - | -19.0% | -10.6% | -16.3% | - | - | 8.8% | 103.3% | 2.8% |
| Return on equity | -25.1% | - | -39.9% | -19.0% | -24.8% | - | - | -34.5% | -296.5% | -59.5% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.28 | 2.23 | 0.89 | 0.82 | 0.76 | 0.88 | 0.07 | 0.14 | 0.21 | 0.48 |
| Quick ratio | 2.28 | 2.23 | 0.89 | 0.82 | 0.76 | 0.88 | 0.07 | 0.14 | 0.21 | 0.48 |
| Cash ratio | 1.99 | 1.93 | 0.76 | 0.63 | 0.52 | - | 0.07 | 0.10 | 0.19 | 0.43 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | -12.8x | -11.2x | - | - | - | - | - |
| Equity multiplier | 2.07 | 2.32 | 2.09 | 1.79 | 1.52 | 1.44 | -1.12 | -3.92 | -2.87 | -21.11 |
| Liabilities / Assets | 0.52 | 0.57 | 0.47 | 0.52 | 0.51 | 0.31 | 0.95 | 0.30 | 0.38 | 0.05 |
| Efficiency | ||||||||||
| Asset turnover | 0.03 | - | 0.07 | 0.04 | 0.06 | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 348d | - | 18d | 244d | 147d | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 2315d | - | 2822d | 956d | 568d | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -47.7% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -47.0% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -15.0% | - | - | - | - | - | - | -216.6% | 7.8% | 18.6% |
| Net income growth (YoY) | 22.6% | - | - | - | - | - | - | -79.4% | - | 33.1% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -23.6% | - | - | - | - | - | 82.4% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$9.06M totalLicenses$4.48M · 49.4%
Software$4.48M · 49.4%
Professional Services$73.0K · 0.8%
Hardware$30.0K · 0.3%
Geographic
$4.58M totalUS$4.49M · 97.9%
CA$4.28M · 93.3%
PH$695.0K · 15.2%
Eliminations($4.87M) · -106.3%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing CXApp Inc. against the 5 most active filers in the same SIC group.