Is CXAI diluting shareholders?

Read three numbers together: shares outstanding over time (70.1M as of 2026-05-11), warrants that can convert into new shares (13.8M reported), and how much cash runway remains (~14.266833638377806 months). A company short on cash with live registrations is structurally likely to issue shares.

Where do these numbers come from?

SEC EDGAR only: the XBRL company-facts API for shares, warrants and cash, and filing metadata for registrations and pricings. Every figure shows its source form, and nothing here is estimated by us beyond the arithmetic stated next to it.

Why might a warrant tranche be missing from the table?

The tranche table is built from the dimensions the company tagged in its own 10-Q or 10-K XBRL. A tranche the filer chose not to dimension does not appear, and its absence proves nothing: the exhibits remain the ground truth. Everything shown carries the filing it came from.

Dilution profile // every instrument, one screen, from SEC filings

CXApp Inc. (CXAI)

CIK 1820875 · all EDGAR filings →

Overall dilution risk

HIGHworst of 4 computed signals (historical dilution)

= the worst band among the computed sub-ratings, no hidden weighting

Offering ability

LOWno live registration found

= is there a registration (S-1/S-3 family) on file without a later withdrawal

Overhead supply

LOWwarrants = 20% of O/S

= warrant shares outstanding divided by current shares outstanding (bands: 20% / 50%)

warrants only; converts, ATMs and equity lines are not in free structured data, so the true overhead is AT LEAST this

Historical dilution

HIGH+359% O/S in 3y

= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative

Cash need

MEDIUM~14.3 months of runway

= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

the company itself flagged going-concern doubt

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

Latest: 70.1M shares as of May 11, 2026 (10-Q).

Cash runway

Going-concern warning

auditor flagged substantial doubt

The company itself flagged going-concern doubt in a filing.

Full breakdown: cash runway tool

Warrants

Tranche	Warrants	Exercise price	Term	Notes
Public Warrants	not tagged	$11.5	—	—

Tranches exactly as the company dimensioned them in its 10-Q filed May 13, 2026 →. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.

Warrants outstanding: 13.8M underlying shares, as reported Dec 31, 2022 (10-K).

Rough fully diluted estimate: 83.9M = 70.1M O/S + 13.8M warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.

Convertible notes

Note	Principal	Carrying	Conv. price	Rate	If converted
Purchase 3	$5.3M	$4.7M	not tagged	—	—
Purchase 4	$4.2M	$4.0M	not tagged	—	—

Notes exactly as the company dimensioned them in its 10-Q filed May 13, 2026 →. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.

Fully diluted build-up

Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.

Shares outstanding	70.1M	May 11, 2026
+ Warrants (aggregate, as tagged) (if exercised)	13.8M	Dec 31, 2022
Fully diluted estimate	83.9M	+19.7% vs O/S

Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.

Registrations and offerings

Last 12 months: 8 executed · 0 registered.

EXECUTEDJun 3, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDMay 28, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDApr 17, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDApr 10, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDMar 26, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →

UPDATEMar 12, 2026Prospectus update — often a resale registration, not necessarily new capital424B3 →

UPDATEJan 30, 2026Prospectus update — often a resale registration, not necessarily new capital424B3 →

EXECUTEDJan 30, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDDec 12, 2025Unregistered share sale disclosed (8-K item 3.02)8-K →

UPDATEDec 12, 2025Prospectus update — often a resale registration, not necessarily new capital424B3 →

UPDATENov 12, 2025Prospectus update — often a resale registration, not necessarily new capital424B3 →

EXECUTEDOct 23, 2025Unregistered share sale disclosed (8-K item 3.02)8-K →

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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