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Side-by-side financial comparison of CXApp Inc. (CXAI) and TherapeuticsMD, Inc. (TXMD). Click either name above to swap in a different company.

CXApp Inc. is the larger business by last-quarter revenue ($1.0M vs $893.0K, roughly 1.1× TherapeuticsMD, Inc.). On growth, TherapeuticsMD, Inc. posted the faster year-over-year revenue change (33.9% vs -38.5%). Over the past eight quarters, TherapeuticsMD, Inc.'s revenue compounded faster (68.9% CAGR vs -25.0%).

CXApp Inc. is a technology firm specializing in digital workplace experience solutions. It offers cloud-based software tools for employee engagement, office space optimization, visitor management, and hybrid work coordination, serving mid-to-large enterprises across North America, APAC and Europe.

Nektar Therapeutics is an American biopharmaceutical company. The company was founded in 1990 and is based in San Francisco, California. The company develops new drug candidates by applying its proprietary PEGylation and advanced polymer conjugate technologies to modify chemical structure of substances, which improves drug characteristics like retention and solubility. It is a technology supplier to a number of pharmaceutical companies including Affymax, Amgen, Merck, Pfizer and UCB Pharma, e...

CXAI vs TXMD — Head-to-Head

Bigger by revenue
CXAI
CXAI
1.1× larger
CXAI
$1.0M
$893.0K
TXMD
Growing faster (revenue YoY)
TXMD
TXMD
+72.4% gap
TXMD
33.9%
-38.5%
CXAI
Faster 2-yr revenue CAGR
TXMD
TXMD
Annualised
TXMD
68.9%
-25.0%
CXAI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CXAI
CXAI
TXMD
TXMD
Revenue
$1.0M
$893.0K
Net Profit
$-5.6M
Gross Margin
86.9%
Operating Margin
-576.9%
Net Margin
-544.1%
Revenue YoY
-38.5%
33.9%
Net Profit YoY
-56.7%
-345.6%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CXAI
CXAI
TXMD
TXMD
Q4 25
$1.0M
$893.0K
Q3 25
$1.1M
$784.0K
Q2 25
$1.2M
$952.0K
Q1 25
$1.2M
$393.0K
Q4 24
$1.7M
$667.0K
Q3 24
$1.9M
$547.0K
Q2 24
$1.8M
$234.0K
Q1 24
$1.8M
$313.0K
Net Profit
CXAI
CXAI
TXMD
TXMD
Q4 25
$-5.6M
Q3 25
$-3.2M
$152.0K
Q2 25
$-3.1M
$551.0K
Q1 25
$-1.6M
$-653.0K
Q4 24
$-3.5M
Q3 24
$-5.4M
$-609.0K
Q2 24
$-5.3M
$-1.1M
Q1 24
$-5.2M
$-734.0K
Gross Margin
CXAI
CXAI
TXMD
TXMD
Q4 25
86.9%
Q3 25
89.0%
Q2 25
86.0%
Q1 25
87.7%
Q4 24
86.0%
Q3 24
80.4%
Q2 24
80.0%
Q1 24
82.0%
Operating Margin
CXAI
CXAI
TXMD
TXMD
Q4 25
-576.9%
Q3 25
-343.4%
-109.9%
Q2 25
-336.1%
-73.0%
Q1 25
-306.0%
-221.6%
Q4 24
-169.7%
Q3 24
-194.3%
-207.3%
Q2 24
-206.7%
-1191.9%
Q1 24
-197.3%
-364.9%
Net Margin
CXAI
CXAI
TXMD
TXMD
Q4 25
-544.1%
Q3 25
-283.4%
19.4%
Q2 25
-256.7%
57.9%
Q1 25
-132.0%
-166.2%
Q4 24
-213.6%
Q3 24
-286.5%
-111.3%
Q2 24
-297.6%
-465.8%
Q1 24
-284.4%
-234.5%
EPS (diluted)
CXAI
CXAI
TXMD
TXMD
Q4 25
Q3 25
$0.01
Q2 25
$0.05
Q1 25
$-0.06
Q4 24
Q3 24
$-0.05
Q2 24
$-0.09
Q1 24
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CXAI
CXAI
TXMD
TXMD
Cash + ST InvestmentsLiquidity on hand
$11.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$14.0M
$26.9M
Total Assets
$32.4M
$37.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CXAI
CXAI
TXMD
TXMD
Q4 25
$11.1M
Q3 25
$5.1M
Q2 25
$4.9M
Q1 25
$3.9M
$5.7M
Q4 24
$4.9M
$5.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CXAI
CXAI
TXMD
TXMD
Q4 25
$14.0M
$26.9M
Q3 25
$15.2M
$27.4M
Q2 25
$14.3M
$27.3M
Q1 25
$15.6M
$26.7M
Q4 24
$15.6M
$27.4M
Q3 24
$13.6M
$27.1M
Q2 24
$16.3M
$27.7M
Q1 24
$20.9M
$28.7M
Total Assets
CXAI
CXAI
TXMD
TXMD
Q4 25
$32.4M
$37.7M
Q3 25
$28.5M
$38.7M
Q2 25
$29.6M
$38.5M
Q1 25
$29.3M
$38.2M
Q4 24
$31.8M
$38.8M
Q3 24
Q2 24
$40.1M
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CXAI
CXAI
TXMD
TXMD
Operating Cash FlowLast quarter
$-3.6M
$2.5M
Free Cash FlowOCF − Capex
$-3.6M
FCF MarginFCF / Revenue
-355.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-10.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CXAI
CXAI
TXMD
TXMD
Q4 25
$-3.6M
$2.5M
Q3 25
$-2.8M
$999.0K
Q2 25
$-3.0M
$381.0K
Q1 25
$-979.0K
$699.0K
Q4 24
$-2.7M
$1.2M
Q3 24
$-2.1M
$-71.0K
Q2 24
$-1.9M
$1.5M
Q1 24
$-650.0K
$-229.0K
Free Cash Flow
CXAI
CXAI
TXMD
TXMD
Q4 25
$-3.6M
Q3 25
$-2.8M
Q2 25
$-3.0M
Q1 25
$-984.0K
Q4 24
Q3 24
$-2.1M
Q2 24
$-1.9M
Q1 24
$-668.0K
FCF Margin
CXAI
CXAI
TXMD
TXMD
Q4 25
-355.5%
Q3 25
-248.1%
Q2 25
-247.2%
Q1 25
-80.4%
Q4 24
Q3 24
-109.3%
Q2 24
-108.6%
Q1 24
-36.7%
Capex Intensity
CXAI
CXAI
TXMD
TXMD
Q4 25
0.2%
Q3 25
0.4%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.5%
Q1 24
1.0%
Cash Conversion
CXAI
CXAI
TXMD
TXMD
Q4 25
Q3 25
6.57×
Q2 25
0.69×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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