XIAO-I Corporation (AIXI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F/A for FY2025, filed May 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AIXI SEC filings page.
XIAO-I Corporation (AIXI) reported $12.3M in revenue for fiscal year 2025, down 82.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue contraction exposed a fixed-cost-heavy model, while liabilities now overwhelm assets and cash conversion remains negative.
From FY2024 to FY2025, revenue fell82.5% while gross margin also compressed, indicating the contraction involved both volume and less favorable unit economics. With FY2025 SG&A at$76.6M against only$5.5M of gross profit, the remaining revenue base could not absorb the operating structure.
FY2025 operating cash flow was
FY2025 liabilities reached
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of XIAO-I Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
XIAO-I Corporation held $2.3M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $3.7M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and XIAO-I Corporation scores 24/100 among other emerging companies.
XIAO-I Corporation had 55M shares outstanding at the end of fiscal year 2025, against 32M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and XIAO-I Corporation scores 19/100 among other emerging companies.
XIAO-I Corporation spent $24.5M on research and development in fiscal year 2025, which was 22.7% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and XIAO-I Corporation scores 55/100 among other emerging companies.
XIAO-I Corporation reported revenue of $12.3M in fiscal year 2025, against $70.3M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and XIAO-I Corporation scores 4/100 among other emerging companies.
XIAO-I Corporation's operations used $3.7M of cash in fiscal year 2025, against $15.1M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and XIAO-I Corporation scores 82/100 among other emerging companies.
XIAO-I Corporation's cash, cash equivalents and investments came to $2.3M at the end of fiscal year 2025, against $116.5M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and XIAO-I Corporation scores 5/100 among other emerging companies.
XIAO-I Corporation passes 0 of 6 computable financial strength tests (3 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
XIAO-I Corporation held $2.3M in cash against $1.4M in long-term debt as of Q4 2025, with $103.3M of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
AIXI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
AIXI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F/A | Q2'2510-Q | Q4'2420-F/A | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|
| Total Assets | $15.9M-81.4% | $82.4M | $85.5M+28.9% | $66.3M+9.5% | $60.6M+28.4% | $47.2M |
| Current Assets | $11.9M-84.4% | $73.7M | $76.5M+101.0% | $38.1M-21.4% | $48.4M+35.2% | $35.8M |
| Cash & Equivalents | $2.3M+174.0% | $5.0M | $847K-45.9% | $1.6M+52.5% | $1.0M-21.8% | $1.3M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | $39K | $14K-78.8% | $68K-91.2% | $768K-0.1% | $769K |
| Accounts Receivable | $6.3M-88.6% | $51.4M | $55.5M+96.1% | $28.3M-31.5% | $41.4M+32.6% | $31.2M |
| Long-Term Investments | $0-100.0% | $956K | $938K-2.7% | $964K-66.2% | $2.9M+750.4% | $335K |
| Total Liabilities | $116.5M+15.0% | $119.2M | $101.3M+35.4% | $74.8M+7.5% | $69.6M+37.6% | $50.6M |
| Current Liabilities | $103.3M+19.3% | $104.2M | $86.6M+50.2% | $57.7M+9.6% | $52.6M+45.9% | $36.1M |
| Non-Current Liabilities | $17.5M+19.1% | $14.9M | $14.7M-14.4% | $17.1M+1.1% | $17.0M+16.9% | $14.5M |
| Long-Term Debt | $1.4M-45.3% | $2.6M | $2.5M | N/A | $3.3M | N/A |
| Total Equity | -$100.6M-724.1% | -$32.8M | -$12.2M-150.9% | -$4.9M+17.4% | -$5.9M-3011.7% | -$189K |
| Retained Earnings | -$226.6M-80.8% | -$155.5M | -$125.3M-13.1% | -$110.8M-41.2% | -$78.5M-8.1% | -$72.6M |
Not reported in any period shown, so not listed: Goodwill.
AIXI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
AIXI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$100.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.12), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| XIAO-I Corporation AIXI | FY2025 | $12.3M | N/A | N/A | $238K | 32/100 |
| Heartcore Enterprises, Inc. HTCR | FY2025 | $9.0M | $5.8M | 64.6% | $2.9M | 37/100 |
| Blackboxstocks Inc. BLBX | FY2025 | $2.4M | -$4.4M | N/A | $78.1M | 13/100 |
| Intelligent Protection Management Corp. IPM | FY2025 | $23.6M | -$2.0M | -8.3% | $23.3M | 67/100 |
| Mind CTI Ltd MNDO | FY2025 | $19.5M | $2.6M | 13.4% | $20.2M | 68/100 |
| SAGTEC GLOBAL LIMITED SAGT | FY2025 | $19.1M | $1.8M | 9.4% | $13.6M | 45/100 |
Where XIAO-I Corporation Ranks
Frequently Asked Questions
What is XIAO-I Corporation's annual revenue?
XIAO-I Corporation (AIXI) reported $12.3M in total revenue for fiscal year 2025. This represents a -82.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is XIAO-I Corporation's revenue growing?
XIAO-I Corporation (AIXI) revenue declined by 82.5% year-over-year, from $70.3M to $12.3M in fiscal year 2025.
How much debt does XIAO-I Corporation have?
As of fiscal year 2025, XIAO-I Corporation (AIXI) had $2.3M in cash and equivalents against $1.4M in long-term debt.
What is XIAO-I Corporation's gross margin?
XIAO-I Corporation (AIXI) had a gross margin of 44.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is XIAO-I Corporation's free cash flow?
XIAO-I Corporation (AIXI) recorded an outflow of $3.7M in free cash flow during fiscal year 2025. This represents a 75.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is XIAO-I Corporation's operating cash flow?
XIAO-I Corporation (AIXI) recorded an outflow of $3.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are XIAO-I Corporation's total assets?
XIAO-I Corporation (AIXI) had $15.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are XIAO-I Corporation's capital expenditures?
XIAO-I Corporation (AIXI) invested $42K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does XIAO-I Corporation spend on research and development?
XIAO-I Corporation (AIXI) invested $24.5M in research and development during fiscal year 2025.
What is XIAO-I Corporation's current ratio?
XIAO-I Corporation (AIXI) had a current ratio of 0.12 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is XIAO-I Corporation's P/E ratio?
XIAO-I Corporation (AIXI) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $238K as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is XIAO-I Corporation's price-to-sales ratio?
XIAO-I Corporation (AIXI) trades at 0.0x sales, its market capitalization divided by revenue of $12.3M revenue, FY2025. The market capitalization is $238K as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does XIAO-I Corporation's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, XIAO-I Corporation (AIXI) held $2.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.7M over that year. Dividing the one by the other, the reported balance equals about 8 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is XIAO-I Corporation's debt-to-equity ratio negative or not reported?
XIAO-I Corporation (AIXI) has negative shareholder equity of -$100.6M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is XIAO-I Corporation's Piotroski F-Score?
XIAO-I Corporation (AIXI) has a Piotroski F-Score of 0 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
How financially healthy is XIAO-I Corporation?
XIAO-I Corporation (AIXI) scores 32 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.