---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-25-002437"
form_type: "8-K"
ticker: "CXAI"
cik: "0001820875"
company_name: "CXApp Inc."
filed_at: "2025-04-07T23:59:59+00:00"
generated_at: "2026-05-23T19:53:33.704956+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CXApp restates prior financials; reports record ARR and 82% gross margin for FY2024

## Summary
- Restating unaudited Q2/Q3 2024 statements due to understated legal accrual and improper convertible note derivative accounting.
- Management identifies material weakness in internal control over financial reporting; disclosure controls not effective.
- FY2024 ARR grew double-digit; subscription revenue 87% of total vs. 78% in 2023; NRR 101% vs. 73%.
- Gross margin improved to 82% (from 78%); expenses reduced 20%, EBITDA up 30%.
- New CXAI Kiosk and CXAI VU deployed; Google Cloud partnership; plans Investor Day May 2025.

## SEC filing metadata
- accession: 0001829126-25-002437
- form_type: 8-K
- ticker: CXAI
- cik: 0001820875
- company_name: CXApp Inc.
- filed_at: 2025-04-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 4.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820875/000182912625002437/0001829126-25-002437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820875/000182912625002437/cxapp_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-002437
- JSON: https://secwatch.observer/filing/0001829126-25-002437.json
- Plain text: https://secwatch.observer/filing/0001829126-25-002437.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.