CXAPP INC C/WTS (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 1.224 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q1, the actual value is USD 1.224 M.
EPS: As of FY2025 Q1, the actual value is USD -0.08.
EBIT: As of FY2025 Q1, the actual value is USD -1.616 M.
Segment Revenue
- Licenses: Revenue from licenses was $1,211 thousand for the three months ended March 31, 2025, compared to $1,588 thousand for the same period in 2024.
- Professional Services: Revenue from professional services was $13 thousand for the three months ended March 31, 2025, compared to $230 thousand for the same period in 2024.
Operational Metrics
- Gross Profit: The gross profit was $1,074 thousand for the three months ended March 31, 2025, compared to $1,491 thousand for the same period in 2024. The gross profit margin increased to 88% from 82%.
- Operating Expenses: Total operating expenses were $4,819 thousand for the three months ended March 31, 2025, compared to $5,078 thousand for the same period in 2024.
- Net Loss: The net loss was $1,616 thousand for the three months ended March 31, 2025, compared to $5,170 thousand for the same period in 2024.
Cash Flow
- Net Cash Used in Operating Activities: Net cash used in operating activities was $979 thousand for the three months ended March 31, 2025.
Future Outlook and Strategy
- Core Business Focus: The company is focusing on AI-driven innovation, market expansion, and financial discipline. It aims to enhance its AI-based analytics platform, expand its customer base in key sectors, and optimize operating expenses to improve margins.
- Non-Core Business: The company is not explicitly focusing on non-core business divestitures or emerging segments in the provided outlook.
Priority
- The company emphasizes strategic growth initiatives such as product innovation, market expansion, and operational excellence to drive long-term profitability and growth.
