NASDAQ : GXAI
Gaxos.ai Inc. — Financial statements
Communication Services · Electronic Gaming & Multimedia · United States
Last price 0.462 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.11M
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Financial statements
Gaxos.ai Inc. (GXAI) reported revenue of 6.01M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 6.01M | 1.93M | 4.03K | 256.00 | ||
| Gross Profit | 6.01M | 1.93M | 4.03K | 256.00 | ||
| Selling, General & Admin | 11.48M | 5.86M | 2.71M | 3.05M | 599.57K | 32.67K |
| Research & Development | 1.48M | 993.67K | 996.49K | 915.82K | 824.52K | 40.86K |
| Operating Expenses | 12.96M | 6.85M | 3.71M | 3.96M | 1.42M | 73.53K |
| Operating Income | -6.95M | -4.92M | -3.70M | -3.96M | -1.42M | -73.53K |
| Interest & Investment Income | 589.06K | 612.28K | 157.56K | 46.53K | 2.92K | |
| EBT Excluding Unusual Items | -6.36M | -4.30M | -3.55M | -3.92M | -1.42M | -73.53K |
| Gain (Loss) on Sale of Investments | -107.03K | 21.99K | 121.77K | 20.66K | ||
| Asset Writedown | -52.36K | |||||
| Pretax Income | -4.72M | -4.28M | -3.42M | -3.95M | -1.42M | -73.53K |
| Earnings From Continuing Operations | -4.72M | -4.28M | -3.42M | -3.95M | -1.42M | -73.53K |
| Minority Interest in Earnings | 831.23K | 381.66K | 6.09K | |||
| Net Income | -3.89M | -3.90M | -3.42M | -3.95M | -1.42M | -73.53K |
| Net Income to Common | -3.89M | -3.90M | -3.42M | -3.95M | -1.42M | -73.53K |
| Shares Outstanding (Basic) | 8.36M | 7.09M | 1.78M | 987.94K | 868.15K | 750.95K |
| Shares Outstanding (Diluted) | 8.36M | 7.09M | 1.78M | 987.94K | 868.15K | 750.95K |
| EPS (Basic) | -0.47 | -0.55 | -1.92 | -4.00 | -1.64 | |
| EPS (Diluted) | -0.47 | -0.55 | -1.92 | -4.00 | -1.64 | |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | ||
| Operating Margin | -115.80% | -254.34% | -91,969.33% | -1,548,016.41% | ||
| Profit Margin | -64.79% | -201.79% | -84,881.97% | -1,542,225.39% | ||
| EBITDA | -6.77M | -4.76M | -3.68M | -3.96M | -1.42M | |
| EBITDA Margin | -112.81% | -246.34% | ||||
| D&A For EBITDA | 179.60K | 154.67K | 25.00K | 6.28K | 4.19K | |
| EBIT | -6.95M | -4.92M | -3.70M | -3.96M | -1.42M | -73.53K |
| EBIT Margin | -115.80% | -254.34% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.09M | 840.80K | 14.40M | 1.02M | 679.78K | 2.08M |
| Short-Term Investments | 10.41M | 11.53M | 2.37M | 2.59M | ||
| Cash & Short-Term Investments | 11.50M | 12.37M | 16.77M | 3.62M | 679.78K | 2.08M |
| Receivables | 118.06K | 76.25K | 8.00 | |||
| Prepaid Expenses | 274.06K | 157.57K | 63.61K | 25.13K | 400.00 | |
| Other Current Assets | 19.00 | 202.60K | ||||
| Total Current Assets | 11.89M | 12.60M | 16.83M | 3.64M | 882.78K | 2.08M |
| Other Intangible Assets | 694.24K | 821.73K | 195.37K | 52.61K | 58.65K | |
| Other Long-Term Assets | 37.00 | 801.00 | ||||
| Total Assets | 17.46M | 13.42M | 17.02M | 3.70M | 941.43K | 2.08M |
| Accounts Payable | 326.01K | 270.11K | 338.79K | 215.88K | 245.01K | 6.25K |
| Accrued Expenses | 437.02K | 280.43K | 61.59K | 54.15K | 10.68K | 2.49K |
| Current Unearned Revenue | 362.53K | 130.05K | 1.13K | |||
| Total Current Liabilities | 1.13M | 680.59K | 401.51K | 270.04K | 255.69K | 8.74K |
| Total Liabilities | 1.13M | 680.59K | 401.51K | 270.04K | 255.69K | 8.74K |
| Common Stock | 1.07K | 712.00 | 692.00 | 99.00 | 87.00 | 1.04K |
| Additional Paid-In Capital | 32.22M | 25.80M | 25.42M | 8.71M | 2.12M | 2.12M |
| Retained Earnings | -14.63M | -12.70M | -8.80M | -5.38M | -1.43M | -12.26K |
| Comprehensive Income & Other | -297.75K | 26.98K | 11.69K | 95.78K | -37.50K | |
| Total Common Equity | 17.29M | 13.13M | 16.63M | 3.43M | 685.73K | 2.07M |
| Minority Interest | -952.76K | -387.75K | -6.09K | |||
| Shareholders' Equity | 16.34M | 12.74M | 16.62M | 3.43M | 685.73K | 2.07M |
| Total Liabilities & Equity | 17.46M | 13.42M | 17.02M | 3.70M | 941.43K | 2.08M |
| Net Cash (Debt) | 11.50M | 12.37M | 16.77M | 3.62M | 679.78K | 2.08M |
| Net Cash Per Share | 1.38 | 1.74 | 9.43 | 3.66 | 0.78 | 2.77 |
| Filing Date Shares Outstanding | 10.74M | 10.22M | 7.12M | 1.09M | 1.01M | 868.13K |
| Total Common Shares Outstanding | 10.74M | 7.12M | 6.92M | 988.37K | 868.15K | 868.13K |
| Working Capital | 10.77M | 11.92M | 16.43M | 3.37M | 627.09K | 2.07M |
| Book Value Per Share | 1.61 | 1.84 | 2.40 | 3.47 | 0.79 | 2.38 |
| Tangible Book Value | 16.60M | 12.31M | 16.43M | 3.37M | 627.09K | 2.07M |
| Tangible Book Value Per Share | 1.54 | 1.73 | 2.37 | 3.41 | 0.72 | 2.38 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -3.89M | -3.90M | -3.42M | -3.95M | -1.42M | -73.53K |
| Depreciation & Amortization | 179.60K | 154.67K | 25.00K | 6.28K | 4.19K | |
| Other Amortization | 58.81K | 50.03K | 27.44K | 4.37K | ||
| Asset Writedown & Restructuring Costs | 52.36K | |||||
| Loss (Gain) From Sale of Investments | 107.03K | -21.99K | -121.77K | -20.66K | ||
| Stock-Based Compensation | 172.60K | 136.89K | 119.44K | 936.35K | ||
| Other Operating Activities | -778.32K | -381.66K | -5.32K | |||
| Change in Accounts Receivable | -108.70K | -76.25K | 8.00 | -8.00 | ||
| Change in Accounts Payable | 75.29K | -68.69K | 122.91K | -29.93K | 148.76K | 37.50K |
| Change in Unearned Revenue | 361.97K | 128.93K | 1.13K | |||
| Change in Other Net Operating Assets | 151.73K | 124.90K | -31.04K | 18.74K | 7.80K | 14.92K |
| Operating Cash Flow | -5.42M | -3.85M | -3.28M | -2.98M | -1.26M | -21.11K |
| Sale (Purchase) of Intangibles | -40.80K | -583.05K | -195.21K | -56.97K | -62.84K | |
| Investment in Securities | -1.48M | -9.11M | 262.94K | -2.48M | ||
| Other Investing Activities | -10.00K | -10.00K | ||||
| Investing Cash Flow | -1.53M | -9.70M | 67.73K | -2.53M | -62.84K | |
| Issuance of Common Stock | 6.32M | 13.71M | 5.96M | 37.50K | 12.49M | |
| Repurchase of Common Stock | -19.60K | -99.74K | ||||
| Other Financing Activities | 2.90M | -112.60K | ||||
| Financing Cash Flow | 6.32M | 16.59M | 5.86M | -75.10K | 12.49M | |
| Net Cash Flow | -629.51K | -13.56M | 13.37M | 344.93K | -1.40M | 12.47M |
| Levered Free Cash Flow | -3.50M | -3.21M | -2.25M | -1.39M | -904.75K | |
| Unlevered Free Cash Flow | -3.50M | -3.21M | -2.25M | -1.39M | -904.75K | |
| Change in Working Capital | 480.29K | 108.89K | 93.00K | -11.20K | 156.56K | 52.42K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.55M | 7.62M | 17.79M | 4.08M | ||
| Enterprise Value | -6.96M | -5.81M | 10.95M | -256.33K | ||
| Last Close Price | 0.41 | 1.07 | 2.57 | 4.08 | ||
| PS Ratio | 0.76 | 3.94 | 4,418.49 | 15,935.72 | ||
| PB Ratio | 0.26 | 0.60 | 1.07 | 1.19 | ||
| P/TBV Ratio | 0.27 | 0.62 | 1.08 | 1.21 | ||
| EV/Sales Ratio | 2,718.98 | |||||
| Net Debt / Equity Ratio | -0.70 | -0.97 | -1.01 | -1.06 | -0.99 | -1.00 |
| Net Debt / EBITDA Ratio | 1.70 | 2.60 | 4.56 | 0.91 | 0.48 | |
| Asset Turnover | 0.36 | 0.13 | 0.00 | 0.00 | ||
| Quick Ratio | 10.32 | 18.28 | 41.76 | 13.40 | 2.66 | 237.88 |
| Current Ratio | 10.57 | 18.51 | 41.91 | 13.49 | 3.45 | 237.88 |
| Return on Equity (ROE) | -30.24% | -29.17% | -34.16% | -192.04% | -103.16% | |
| Return on Assets (ROA) | -26.45% | -20.18% | -22.34% | -106.82% | -58.95% | |
| Return on Capital Employed (ROCE) | -42.60% | -38.60% | -22.30% | -115.70% | -207.70% | -3.60% |
| Earnings Yield | -113.80% | -51.18% | -19.21% | -96.78% | ||
| Buyback Yield / Dilution | -75.23% | -299.07% | -79.92% | -13.80% | -15.61% |