Cash ReservesCXAI ended 3Q24 with cash of $5.1M, believed to be sufficient for at least the next 12 months, indicating limited liquidity.
Dependency On Recurring RevenueThe transition to a long-term recurring software revenue model suggests reliance on consistent performance in this area.
EBITDA LossDespite improved results, CXAI reported an adjusted EBITDA loss of ($1.7M), highlighting ongoing profitability challenges.