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AIXI

Xiao-I Corporation

AIXI

Xiao-I Corporation • NASDAQ
$0.73 ▼ -4.93% (-0.04)
Market Cap $7.75 M
52w High $6.67
52w Low $0.60
Dividend Yield 0%
P/E -0.43
Volume 93.64K
Outstanding Shares 10.65M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $37.361M ▲ $24.819M ▼ $994.526K ▲ 2.662% ▲ $0.11 ▲ $2.209M ▲
Q2-2024 $32.909M ▲ $36.053M ▲ $-15.479M ▼ -47.036% ▼ $-1.94 ▼ $-14.282M ▼
Q4-2023 $32.69M ▲ $27.249M ▼ $-7.866M ▲ -24.063% ▲ $-0.98 ▲ $-8.173M ▲
Q2-2023 $26.314M ▼ $33.89M ▲ $-18.483M ▼ -70.238% ▼ $-1.2 ▼ $-13.003M ▼
Q4-2022 $35.325M $26.143M $-6.492M -18.377% $-0.88 $-4.742M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $846.593K ▼ $85.511M ▼ $101.279M ▼ $-12.202M ▲
Q2-2024 $1.822M ▲ $87.565M ▲ $110.689M ▲ $-19.548M ▼
Q4-2023 $1.565M ▼ $66.334M ▲ $74.801M ▲ $-4.864M ▼
Q2-2023 $4.747M ▲ $51.317M ▼ $50.792M ▼ $3.7M ▲
Q4-2022 $1.026M $60.584M $69.568M $-5.886M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $994.526K ▲ $0 $0 $0 $0 $0
Q2-2024 $-15.5M ▼ $0 $0 $0 $0 $0
Q4-2023 $-7.866M ▲ $0 $0 $0 $0 $0
Q2-2023 $-18.596M ▼ $0 ▲ $0 ▲ $0 ▼ $0 ▲ $0 ▲
Q4-2022 $-6.492M $-4.097M $-3.318K $3.566M $-248.892K $-4.204M

Five-Year Company Overview

Income Statement

Income Statement Revenue is still very small but has been climbing steadily each year, which shows the company is at least gaining commercial traction. Gross profit has kept pace, suggesting the core software and AI services can be delivered at decent margins. However, operating income and net income have been consistently negative, with only brief periods near break-even. Losses have recently narrowed compared with the prior year, but the business is still not self-sustaining and remains in an investment and scale-up phase rather than a mature profit-generating stage. Earnings per share have also been volatile, reflecting both small scale and ongoing losses.

Balance Sheet

Balance Sheet The balance sheet is light, with a modest asset base and little to no reported cash cushion, which can limit flexibility. Debt makes up a meaningful share of the capital structure, while shareholders’ equity has hovered around zero or slightly negative, hinting at accumulated losses and thin capitalization. This combination points to a financially fragile position: the company has some resources to operate but relatively limited room to absorb shocks without tapping external funding or improving profitability.

Cash Flow

Cash Flow Operating cash flow has been consistently negative, which means the business is consuming cash rather than generating it from its regular operations. Free cash flow mirrors this pattern, as there is little reported capital spending but still ongoing cash burn. The absence of sizable investment outlays suggests the main use of cash is funding operating costs, including research, product development, and go-to-market efforts. Overall, Xiao-I appears reliant on external capital sources or future improvements in operating performance to support its growth and day-to-day needs.

Competitive Edge

Competitive Edge Xiao-I holds a differentiated spot in AI by focusing on cognitive intelligence and enterprise customers rather than mass consumer apps. Its long history in conversational AI, proprietary large language model (Hua Zang), and sizable patent portfolio create some technical and legal barriers to entry. The company’s deep specialization in sectors like finance, automotive, and smart cities, along with long-term contracts and subscription-style offerings, can make its solutions sticky once embedded. At the same time, it competes in a global field dominated by very large technology players, so sustaining its edge will depend on execution, ecosystem growth, and the ability to keep demonstrating superior, domain-specific solutions for business clients.

Innovation and R&D

Innovation and R&D Innovation is a clear strength: Xiao-I has built its own large language model, offers a broad cognitive AI platform, and is pushing into both software and AI-powered hardware. Its industry-specific “Hua Zang+” solutions and long-standing chatbot and voice technologies show an ability to tailor AI to real business problems, not just provide generic models. New products like smart glasses for the hearing-impaired and virtual try-on tools demonstrate both technical breadth and a willingness to explore new markets. Management has signaled a plan to moderate R&D spending to improve margins, which may support profitability but could also slow the pace of innovation if not managed carefully. The key question is whether the company can convert its technical lead and ecosystem into durable, profitable revenue streams.

Summary

Xiao-I is an early-stage, innovation-driven AI company with a long operating history but still very small scale and persistent losses. Its financials show gradual revenue growth and improving, though still negative, profitability, supported by a lean asset base and ongoing cash consumption. The balance sheet and cash flows highlight a dependence on external funding or future margin improvement, leaving limited room for missteps. On the strategic side, the company’s focus on enterprise AI, proprietary technology, patents, and ecosystem building gives it a recognizable niche in a crowded market. Future performance will hinge on its ability to turn that technological and competitive position into sustainable cash generation, manage debt and capitalization prudently, and successfully execute on international expansion and new product launches without overextending its limited financial resources.

NEWS

November 21, 2025 · 9:35 AM UTC

Xiao-I Corporation Renews Contract with Major Automotive Joint Venture for Cognitive AI Services

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October 31, 2025 · 9:45 AM UTC

Xiao-I Corporation Renews Strategic Partnership with Premier Multinational Insurer to Elevate Customer Experience with AI-Powered Conversational Platform

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September 29, 2025 · 9:30 AM UTC

Xiao-I Corporation Renews Strategic Partnership with Premier Automotive Manufacturer, Marking Decade-Long Collaboration in AI-Driven Customer Experience

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September 17, 2025 · 9:45 AM UTC

Xiao-I Corporation Renews Strategic Partnership with Leading Global Bank to Elevate Digital Banking Experience

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September 9, 2025 · 9:45 AM UTC

Xiao-I Corporation Secures Landmark Fifth Consecutive Year Partnership with Leading Asian Apparel Retailer to Transform Omnichannel Engagement

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