Gaxos.ai Inc. (GXAI) Balance Sheet
GXAI balance sheet, FY2025
September 30, 2025 · U.S. dollars$13.4M assets = $680,589 liabilities + $12.7M equity
Both columns are drawn to the same scale: what GXAI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GXAI financial health
Descriptive bands, not a rating. Fiscal FY2025.
GXAI balance sheet trends, FY2021–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.1MFY2021 | $13.4MFY2025 | +58.7%/yr | |
| Total liabilities | $8,736FY2021 | $680,589FY2025 | +197.1%/yr | |
| Shareholders’ equity | $2.1MFY2021 | $13.1MFY2025 | +58.0%/yr | |
| Cash & short-term investments | $2.1MFY2021 | $12.4MFY2025 | +56.2%/yr | |
| Working capital | $2.1MFY2021 | $11.9MFY2025 | +$9.8M |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GXAI assets
GXAI liabilities and equity
GXAI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GXAI balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $12.4M | $16.8M | $3.6M | $679,781 | $2.1M |
| Cash & equivalents | $840,799 | $14.4M | $1.0M | $679,781 | $2.1M |
| Short-term investments | $11.5M | $2.4M | $2.6M | $0 | — |
| Receivables | $76,247 | $0 | $8 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $157,586 | $63,609 | $25,132 | $400 | $0 |
| Total current assets | $12.6M | $16.8M | $3.6M | $680,181 | $2.1M |
| Property, plant & equipment (net) | $103,393 | $70,374 | $52,606 | $0 | $0 |
| Goodwill & intangible assets | $718,333 | $125,000 | $52,606 | $58,647 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $37 | $0 | $202,599 | $37,500 |
| Total assets | $13.4M | $17.0M | $3.7M | $941,427 | $2.1M |
| Liabilities | |||||
| Accounts payable | $270,105 | $338,791 | $215,882 | $245,011 | $6,250 |
| Deferred revenue | $130,054 | $1,126 | — | — | — |
| Total current liabilities | $680,589 | $401,507 | $270,036 | $255,693 | $8,736 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $680,589 | $401,507 | $270,036 | $255,693 | $8,736 |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $712 | $692 | $99 | $1,042 | $1,042 |
| Retained earnings (deficit) | −$12.7M | −$8.8M | −$5.4M | −$1.4M | −$12,255 |
| Accumulated other comprehensive income | $26,976 | $11,693 | $95,785 | — | −$37,499 |
| Minority interest | −$387,750 | −$6,086 | $0 | — | — |
| Total shareholders' equity | $13.1M | $16.6M | $3.4M | $685,733 | $2.1M |
| Key figures | |||||
| Working capital | $11.9M | $16.4M | $3.4M | $424,488 | $2.1M |
| Tangible book value | $12.4M | $16.5M | $3.4M | $627,086 | $2.1M |
| Book value per share | $1.85 | — | — | — | — |
| Shares outstanding | 7.1M | — | — | — | — |
| Current ratio | 18.51 | 41.91 | 13.49 | 2.66 | 237.88 |
| Quick ratio | 18.28 | 41.76 | 13.40 | 2.66 | 237.88 |
| Equity / assets | 97.8% | 97.7% | 92.7% | 72.8% | 99.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $11.5M | $11.8M | $12.4M | $13.2M | $14.2M | $14.9M | $16.8M | $6.8M | $4.7M | $5.4M | $3.6M | $4.3M |
| Cash & equivalents | $1.1M | $1.5M | $840,799 | $914,183 | $1.7M | $2.6M | $14.4M | $5.2M | $2.4M | $3.3M | $1.0M | $764,977 |
| Short-term investments | $10.4M | $10.3M | $11.5M | $12.3M | $12.5M | $12.3M | $2.4M | $1.6M | $2.3M | $2.1M | $2.6M | $3.6M |
| Receivables | $118,064 | $80,498 | $76,247 | $54,873 | $9,368 | $4,871 | $0 | $0 | $0 | $10 | $8 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $274,057 | $261,051 | $157,586 | $193,283 | $242,894 | $274,586 | $63,609 | $86,609 | $216,831 | $360,913 | $25,132 | $79,719 |
| Total current assets | $11.9M | $12.2M | $12.6M | $13.4M | $14.5M | $15.2M | $16.8M | $6.9M | $4.9M | $5.8M | $3.6M | $4.4M |
| Property, plant & equipment (net) | $65,707 | $90,386 | $103,393 | $102,040 | $93,830 | $83,392 | $70,374 | $56,380 | $63,070 | $67,733 | $52,606 | $23,941 |
| Goodwill & intangible assets | $628,533 | $673,433 | $718,333 | $865,310 | $902,000 | $936,462 | $54,589 | $188,917 | $140,000 | $216,034 | $52,606 | $24,749 |
| Long-term investments | $4.9M | $2.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $70,448 | $0 | $37 | $0 | $0 | $0 |
| Total assets | $17.5M | $15.8M | $13.4M | $14.3M | $15.4M | $16.1M | $17.0M | $7.1M | $5.1M | $6.0M | $3.7M | $4.4M |
| Liabilities | ||||||||||||
| Accounts payable | $326,010 | $228,043 | $270,105 | $213,509 | $250,717 | $321,673 | $338,791 | $329,288 | $297,661 | $393,150 | $215,882 | $179,852 |
| Deferred revenue | $362,532 | $242,307 | $130,054 | $26,957 | $566 | $4 | $1,126 | $2,376 | — | — | — | — |
| Total current liabilities | $1.1M | $569,308 | $680,589 | $451,871 | $505,450 | $500,748 | $401,507 | $404,907 | $392,107 | $513,773 | $270,036 | $201,501 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $1.1M | $569,308 | $680,589 | $451,871 | $505,450 | $500,748 | $401,507 | $404,907 | $392,107 | $513,773 | $270,036 | $201,501 |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1,074 | $1,021 | $712 | $712 | $712 | $712 | $692 | $189 | $120 | $109 | $99 | $1,200 |
| Retained earnings (deficit) | −$14.6M | −$14.9M | −$12.7M | −$11.7M | −$10.7M | −$10.0M | −$8.8M | −$8.0M | −$7.1M | −$6.3M | −$5.4M | −$4.6M |
| Accumulated other comprehensive income | −$297,753 | −$358,108 | $26,976 | $75,454 | $28,385 | −$57,347 | $11,693 | $13,299 | $3,415 | −$3,629 | $95,785 | $79,646 |
| Minority interest | −$952,760 | −$689,471 | −$387,750 | −$260,931 | −$121,532 | — | — | — | — | — | — | — |
| Total shareholders' equity | $17.3M | $15.9M | $13.1M | $14.1M | $15.0M | $15.6M | $16.6M | $6.7M | $4.7M | $5.5M | $3.4M | $4.2M |
| Key figures | ||||||||||||
| Working capital | $10.8M | $11.6M | $11.9M | $13.0M | $14.0M | $14.7M | $16.4M | $6.5M | $4.5M | $5.3M | $3.4M | $4.2M |
| Tangible book value | $16.7M | $15.3M | $12.4M | $13.2M | $14.1M | $14.7M | $16.6M | $6.5M | $4.6M | $5.3M | $3.4M | $4.2M |
| Book value per share | $1.67 | $1.84 | $1.85 | $1.98 | $2.11 | $2.24 | $2.40 | — | — | — | — | — |
| Shares outstanding | 10.4M | 8.6M | 7.1M | 7.1M | 7.1M | 7.0M | 6.9M | — | — | — | — | — |
| Current ratio | 10.57 | 21.35 | 18.51 | 29.70 | 28.68 | 30.29 | 41.91 | 17.12 | 12.47 | 11.22 | 13.49 | 21.91 |
| Quick ratio | 10.32 | 20.90 | 18.28 | 29.27 | 28.20 | 29.74 | 41.76 | 16.90 | 11.91 | 10.52 | 13.40 | 21.52 |
| Equity / assets | 99.0% | 100.8% | 97.8% | 98.7% | 97.5% | 97.2% | 97.7% | 94.3% | 92.3% | 91.4% | 92.7% | 95.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 17, 2026); data from EODHD.
GXAI financial position
At the end of fiscal 2025 (September 30, 2025), Gaxos.ai had total assets of $13.4 million (down 21.2% from a year earlier), total liabilities of $0.7 million and shareholders' equity of $13.1 million. Its current ratio was 18.51. In the latest quarter (ended June 30, 2026) total assets were $17.5 million and equity $17.3 million.
Related: GXAI income statement, GXAI cash flow statement, GXAI key metrics. See the GXAI stock overview for the latest quote and news.
GXAI balance sheet FAQ
What are Gaxos.ai's total assets?
Gaxos.ai reported total assets of $13.4 million at the end of fiscal 2025 (September 30, 2025), compared with $17.0 million a year earlier.
How much cash does Gaxos.ai have?
Gaxos.ai held $12.4 million in cash and short-term investments at the end of fiscal 2025.
What is Gaxos.ai's book value?
Gaxos.ai's shareholders' equity (book value) was $13.1 million at the end of fiscal 2025, or $1.85 per share.
What is Gaxos.ai's current ratio?
Gaxos.ai had current assets of $12.6 million and current liabilities of $0.7 million, a current ratio of 18.51 (it can cover its short-term obligations).
How much goodwill does Gaxos.ai have?
Gaxos.ai carried $0.7 million of goodwill and intangible assets, 5.4% of total assets, at the end of fiscal 2025.