Proforma Financial Information

9 Months Ended

Sep. 30, 2021

Business Acquisition, Pro Forma Information [Abstract]

Nanotron Proforma and CXApp Proforma Financial Information

The following unaudited proforma financial information presents the consolidated results of operations of the Company and Nanotron for the three and nine months ended September 30, 2020, as if the acquisition had occurred as of the beginning of the first period presented instead of on October 6, 2020. The proforma information does not necessarily reflect the results of operations that would have occurred had the entities been a single company during those periods.

The following unaudited proforma financial information presents the consolidated results of operations of the Company and the CXApp for the three and nine months ended September 30, 2021, as if the acquisition had occurred as of the beginning of the first period presented instead of on April 30, 2021. The proforma information does not necessarily reflect the results of operations that would have occurred had the entities been a single company during those periods.

The proforma financial information for Ten Degrees, Game Your Game and Visualix have not been presented as it is deemed immaterial.

The proforma financial information for the Company, Nanotron, and CXApp is as follows (in thousands). Nanotron is not included in 2021 proforma information as the acquisition occurred on October 6, 2020:


	For the Three Months Ended September 30, 2020		For the Nines Months Ended September 30, 2020
Revenues	$	4,426	$	11,184
Net income (loss) attributable to common stockholders	$	(7,369)	$	(23,230)
Net income (loss) per basic and diluted common share	$	(0.15)	$	(0.72)
Weighted average common shares outstanding:
Basic and Diluted	50,394,519		32,052,562


	For the Nines Months Ended For the Nine Months Ended September 30, 2021
Revenues	$	12,707
Net income (loss) attributable to common stockholders	$	(32,049)
Net income (loss) per basic and diluted common share	$	(0.30)
Weighted average common shares outstanding:
Basic and Diluted	106,278,729