Xiao-I Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & Equivalents | $2.3M | $846.6K | $1.6M | $1.0M | $1.3M |
| Accounts Receivable | $6.3M | $55.5M | $28.3M | $41.4M | $31.2M |
| Inventory | — | $14.4K | $67.8K | $768.2K | $768.8K |
| Total Current Assets | $11.9M | $76.5M | $38.1M | $48.4M | $35.8M |
| Property, Plant & Equipment | $141.8K | $1.9M | $2.1M | $219.5K | $208.0K |
| Goodwill | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $114.4K | $143.4K | $212.4K | $637.1K | $798.5K |
| Total Assets | $15.9M | $85.5M | $66.3M | $60.6M | $47.2M |
| Liabilities | |||||
| Accounts Payable | $39.2M | $27.1M | $13.7M | $9.2M | $5.6M |
| Total Current Liabilities | $103.3M | $86.6M | $57.7M | $52.6M | $36.1M |
| Long-Term Debt | $1.4M | $2.5M | — | $3.3M | — |
| Total Liabilities | $120.8M | $101.3M | $74.8M | $69.6M | $50.6M |
| Stockholders' Equity | |||||
| Retained Earnings | $-226.6M | $-125.3M | $-110.8M | $-78.5M | $-72.6M |
| Total Stockholders' Equity | $-100.6M | $-12.2M | $-4.9M | $-5.9M | $-189.2K |