CXAI · CXApp Inc.

The latest filing states the doubt was alleviated.

“The Company's recurring losses and negative operating cash flows raise substantial doubt about its ability to continue as a going concern. Management has implemented plans to address these conditions, including reductions in discretionary spending, optimization of vendor payment terms, enhanced expense governance, and focused collection efforts to accelerate customer payments. The Company will also utilize external financing sources, including existing credit facilities and its at-the-market equity program, where accessible under prevailing market and contractual conditions. Management's assessment considers that the availability of certain financing sources is subject to market conditions including stock price, trading volume, and registration effectiveness. Additionally, liquidity depends on future cash collections from customers and the timing of operating cash requirements. Based on these mitigation actions, existing liquidity, and expected business activity, management believes that these plans, which are within the Company's control and are expected to be effectively implemented, alleviate the substantial doubt and concluded that the Company will be able to meet its obligations as they come due for at least twelve months following the issuance of these condensed consolidated financial statements.”