CXAI · CXApp Inc.

The latest filing states the doubt was alleviated.

“These conditions and events, considered in the aggregate, raised substantial doubt about the Company's ability to continue as a going concern. Management evaluated plans intended to address these conditions, including reductions in discretionary expenditures, vendor and professional-fee reductions, hiring controls, active accounts-receivable management and available financing arrangements. Certain of the Company's financing sources are dependent on market conditions, including the Company's stock price, trading volume, registration effectiveness and compliance with contractual conditions. Accordingly, the contractual capacity of those arrangements may differ from the amount practically available to the Company. Based on the Company's cash on hand, forecast cash collections, planned operating expenditures and management's plans that were considered probable of implementation and effective mitigation, management concluded that its plans alleviate the substantial doubt for at least one year from the date these unaudited condensed consolidated financial statements are issued.”