Accrued Liabilities

12 Months Ended

Dec. 31, 2025

NOTE 7 – Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

Schedule of accrued Liabilities
	December 31, 2025		December 31, 2024
Accrued expenses and reimbursements	$	1,502	$	1,690
Accrued compensation and benefits		469		382
Accrued bonus and commissions		115		134
Accrued sales and other indirect taxes payable		158		95
Accrued insurance premium and interest		24		23
Accrued transaction costs		13		13
Income Tax Payables		-		46
Accrued liabilities	$	2,281	$	2,383

Financing of Directors & Officers Insurance

The Company entered into a Directors & Officers (“D&O”) insurance agreement with Oakwood D&O Insurance, effective on March 15, 2025. The agreement states that the Company will pay a total of $310 thousand in premiums at an annual percentage rate of 9.25%. The first of ten monthly separate installment payments begin on April 14, 2025. The Company paid a down payment on the policy of $70 thousand. As of December 31, 2025 and December 31, 2024, the Company owes $24 thousand and $23 thousand on the D&O insurance policy, respectively.

CXApp Inc. 10-K