Quarterly report pursuant to Section 13 or 15(d)

CXApp Acquisition - Schedule of Acquisition by Acquisition, Contingent Consideration (Details)

v3.21.2
CXApp Acquisition - Schedule of Acquisition by Acquisition, Contingent Consideration (Details) - CXApp
Apr. 30, 2021
USD ($)
Current  
Option payout $ 296,000
Bonus payout 34,000
Seller transaction expenses 72,000
Miscellaneous accrued expenses 174,000
Total current 576,000
Noncurrent  
Option payout 493,000
Bonus payout 57,000
Holdback funds 4,875,000
Total noncurrent 5,425,000
Total acquisition liability 6,001,000
Less: Payments made (136,000)
Total acquisition liability $ 5,865,000