Gaxos.ai Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & Equivalents | $840.5K | $14.4M | $1.0M | $679.8K | $2.1M |
| Accounts Receivable | $76.2K | — | $8 | — | — |
| Inventory | — | — | — | — | — |
| Total Current Assets | $12.6M | $16.8M | $3.6M | $882.8K | $2.1M |
| Property, Plant & Equipment | $103.4K | $70.4K | $52.6K | — | — |
| Goodwill | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $718.3K | $125.0K | — | $58.6K | — |
| Total Assets | $13.4M | $17.0M | $3.7M | $941.4K | $2.1M |
| Liabilities | |||||
| Accounts Payable | $270.1K | $338.8K | $215.9K | $245.0K | $6.3K |
| Total Current Liabilities | $680.6K | $401.5K | $270.0K | $255.7K | $8.7K |
| Long-Term Debt | — | — | — | — | — |
| Total Liabilities | $680.6K | $401.5K | $270.0K | $255.7K | $8.7K |
| Stockholders' Equity | |||||
| Retained Earnings | $-12.7M | $-8.8M | $-5.4M | $-1.4M | $-12.3K |
| Total Stockholders' Equity | $13.1M | $16.6M | $3.4M | $685.7K | $2.1M |