secwatch.observer — SEC 8-K summary
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Issuer:     CXApp Inc. (CXAI)
CIK:        0001820875
Form:       8-K
Filed at:   2026-05-13T20:34:11+00:00
Accession:  0001829126-26-005105
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CXApp Q1 revenue $0.95M, gross margin 83%, announces $5M in new enterprise contract value
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- Q1 2026 revenue ~$0.95M; subscription revenue 98% of total; GAAP gross margin 83%.
- Cash and equivalents $12.3M, up from $11.1M at year-end 2025; deferred revenue grew to $2.0M.
- Secured ~$5M total contract value from three new enterprise multi-year agreements; bookings for Q1 were ~$1.4M.
- Named a Visionary in April 2026 Gartner Magic Quadrant for Workplace Experience Applications.
- CFO Joy Mbanugo cites recurring revenue base and strong cash position to execute 2026 priorities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820875/000182912626005105/0001829126-26-005105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820875/000182912626005105/cxapp_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-005105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer