Overview
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- TickerGXAI on Nasdaq1
- IndustryServices-Prepackaged Software1
- HeadquartersRoseland, New Jersey1
- Incorporated inDE2
- Business address101 Eisenhower Pkwy Suite 300, Roseland, Nj 070682
- Filer category, Emerging growth company2
- Legal formCorporation
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Gaxos.AI is building a portfolio of AI-powered solutions designed to make advanced technology more practical, accessible, and transformative.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Administrative Service brought in 78% of the revenue GAXOS.AI INC. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Administrative Service | $1.5M | |
| Sale Of Subscriptions | $42 | $422.0K |
| sale Of Health Coaching Packages | $4.0K | $1.1K |
| Sale Of Our Ingame Items | $33 | $25 |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development51¢$993.7K
- Other costs49¢$939.4K
Out of $1.9M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| REVENUES | $1.9M | $4.0K |
| Research and development | $993.7K | $996.5K |
| Selling, general and administrative | $5.9M | $2.7M |
| Total Operating Expenses | $6.8M | $3.7M |
| LOSS FROM OPERATIONS | -$4.9M | -$3.7M |
| Interest income | $612.3K | $157.6K |
| Unrealized gain on short-term investments | $21.9K | |
| Realized gain on short-term investments | $30.0K | $121.8K |
| Realized loss on exchange of equity securities | -$30.0K | |
| Total other income, net | $634.3K | $279.3K |
| NET LOSS | -$4.3M | -$3.4M |
| Net loss of subsidiary attributable to noncontrolling interest | $381.7K | $6.1K |
| NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS | -$3.9M | -$3.4M |
| Unrealized gain (loss) on short-term debt investments | $15.3K | -$84.1K |
| Comprehensive loss | -$4.3M | -$3.5M |
| Basic (in Dollars per share) | -$0.55 | -$1.92 |
| Diluted (in Dollars per share) | -$0.55 | -$1.92 |
| Basic (in Shares) | 7.1M shares | 1.8M shares |
| Diluted (in Shares) | 7.1M shares | 1.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $840.8K | $14.4M | |
| Short-term investments, at fair value | $11.3M | $2.2M | |
| Investment in equity securities, at fair value | $180.0K | $200.0K | |
| Accounts receivable | $76.2K | ||
| Prepaid expenses and other current assets | $157.6K | $63.6K | |
| Total Current Assets | $12.6M | $16.8M | |
| Property and equipment, net | $103.4K | $70.4K | |
| Intangible assets, net | $718.3K | $125.0K | |
| Digital currencies | $37 | ||
| Total Long-Term Assets | $821.7K | $195.4K | |
| TOTAL ASSETS | $13.4M | $17.0M | |
| Accounts payable | $270.1K | $338.8K | |
| Accrued expenses | $280.4K | $61.6K | |
| Deferred revenue | $130.1K | $1.1K | |
| Total Current Liabilities | $680.6K | $401.5K | |
| Total Liabilities | $680.6K | $401.5K | |
| Common stock; par value $0.0001: 50,000,000 shares authorized; 7,123,453 and 6,923,453 shares issued and outstanding on December 31, 2025 and 2024, respectively | $712 | $692 | |
| Additional paid-in capital | $25.8M | $25.4M | |
| Accumulated other comprehensive income | $27.0K | $11.7K | |
| Accumulated deficit | -$12.7M | -$8.8M | |
| Total Gaxos.AI Stockholders Equity | $13.1M | $16.6M | |
| Noncontrolling interest | -$387.8K | -$6.1K | |
| Total Stockholders Equity | $12.7M | $16.6M | $3.4M |
| Total Liabilities and Stockholders Equity | $13.4M | $17.0M | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in Shares) | 5.0M shares | 5.0M shares | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 50.0M shares | 50.0M shares | |
| Common stock, share issued (in Shares) | 7.1M shares | 6.9M shares | |
| Common stock, shares outstanding (in Shares) | 7.1M shares | 6.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $840.8K | $14.4M | |
| Short-term investments, at fair value | $11.3M | $2.2M | |
| Investment in equity securities, at fair value | $180.0K | $200.0K | |
| Accounts receivable | $76.2K | ||
| Prepaid expenses and other current assets | $157.6K | $63.6K | |
| Total Current Assets | $12.6M | $16.8M | |
| Property and equipment, net | $103.4K | $70.4K | |
| Intangible assets, net | $718.3K | $125.0K | |
| Digital currencies | $37 | ||
| Total Long-Term Assets | $821.7K | $195.4K | |
| TOTAL ASSETS | $13.4M | $17.0M | |
| Accounts payable | $270.1K | $338.8K | |
| Accrued expenses | $280.4K | $61.6K | |
| Deferred revenue | $130.1K | $1.1K | |
| Total Current Liabilities | $680.6K | $401.5K | |
| Total Liabilities | $680.6K | $401.5K | |
| Common stock; par value $0.0001: 50,000,000 shares authorized; 7,123,453 and 6,923,453 shares issued and outstanding on December 31, 2025 and 2024, respectively | $712 | $692 | |
| Additional paid-in capital | $25.8M | $25.4M | |
| Accumulated other comprehensive income | $27.0K | $11.7K | |
| Accumulated deficit | -$12.7M | -$8.8M | |
| Total Gaxos.AI Stockholders Equity | $13.1M | $16.6M | |
| Noncontrolling interest | -$387.8K | -$6.1K | |
| Total Stockholders Equity | $12.7M | $16.6M | $3.4M |
| Total Liabilities and Stockholders Equity | $13.4M | $17.0M | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in Shares) | 5.0M shares | 5.0M shares | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 50.0M shares | 50.0M shares | |
| Common stock, share issued (in Shares) | 7.1M shares | 6.9M shares | |
| Common stock, shares outstanding (in Shares) | 7.1M shares | 6.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$4.3M | -$3.4M |
| Amortization expense | $204.7K | $52.4K |
| Stock-based compensation | $136.9K | $119.4K |
| Realized gain on short-term investments | -$30.0K | -$121.8K |
| Unrealized gain on short-term investments | -$21.9K | |
| Realized loss on exchange of equity securities | $30.0K | |
| Non-cash transaction fees | $764 | |
| Accounts receivable | -$76.2K | $8 |
| Prepaid expenses and other current assets | -$93.9K | -$38.5K |
| Accounts payable | -$68.7K | $122.9K |
| Accrued expenses | $218.8K | $7.4K |
| Deferred revenue | $128.9K | $1.1K |
| NET CASH USED IN OPERATING ACTIVITIES | -$3.9M | -$3.3M |
| Purchase of short-term investments | -$15.7M | -$3.5M |
| Purchase of equity securities | -$200.0K | |
| Proceeds from sale of short-term investments | $6.6M | $4.0M |
| Increase in note receivable | -$10.0K | |
| Increase in capitalized internal-use software development costs | -$83.0K | -$45.2K |
| Purchase of intangible asset | -$500.0K | -$150.0K |
| NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES | -$9.7M | $67.7K |
| Proceeds from the sale of common stock units | $8.2M | |
| Proceeds from exercise of pre-funded warrants | $521 | |
| Proceeds from sale of pre-funded warrants | $2.9M | |
| Proceeds from exercise of warrants | $2.7M | |
| Proceeds from induced exercise of warrants | $2.8M | |
| Purchase and cancellation of treasury shares | -$19.6K | |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | $16.6M | |
| NET (DECREASE) INCREASE IN CASH | -$13.6M | $13.4M |
| Unrealized gain (loss) on short-term investments | $63.8K | -$84.1K |
| Common stock issued for intangible asset | $248.0K | |
| Exchange of note receivable into investment in equity securities | $10.0K | |
| Reclassification of digital currencies to prepaid expenses and other current assets | $37 |
No quarter-by-quarter statement was filed.
Corporate structure
GAXOS.AI INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of GAXOS.AI INC.
- INTRACOASTAL CAPITAL, LLC Filed SCHEDULE 13G on GAXOS.AI INC., latest Aug 20, 2026 (3 filings since Dec 26, 2024)
- CVI Investments, Inc. Filed SCHEDULE 13G/A on GAXOS.AI INC., latest Feb 7, 2025 (2 filings since Dec 26, 2024)
- ARMISTICE CAPITAL, LLC Filed SC 13G on GAXOS.AI INC., latest Nov 14, 2024
- GAXOS.AI INC. Roseland, New Jersey
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What GAXOS.AI INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Computer equipment and software | $185.2K4 Dec 31, 2025 | $102.2K4 Dec 31, 2024 | +81.3% |
| Accumulated depreciation | $81.8K4 Dec 31, 2025 | $31.8K4 Dec 31, 2024 | +157.3% |
| Property and equipment, net | $103.4K4 Dec 31, 2025 | $70.4K4 Dec 31, 2024 | +46.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $840.5K4 Dec 31, 2025 | $1.0M6 Dec 31, 2023 | −18.0% |
| Equity securities at fair value | $180.0K4 Dec 31, 2025 | $200.0K4 Dec 31, 2024 | −10.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $718.3K4 Dec 31, 2025 | $125.0K4 Dec 31, 2024 | +474.7% |
| Finite-lived intangibles, gross | $898.0K4 Dec 31, 2025 | $150.0K4 Dec 31, 2024 | +498.7% |
| Accumulated amortization | $179.7K4 Dec 31, 2025 | $25.0K4 Dec 31, 2024 | +618.7% |
| Finite-lived intangibles, net | $718.3K4 Dec 31, 2025 | $125.0K4 Dec 31, 2024 | +474.7% |
| Licenses, net | $150.0K5 Dec 31, 2024 | $62.8K6 Dec 31, 2022 | +138.7% |
Properties, in its own words
Our principal executive offices are located at 101 Eisenhower Parkway, Suite 300, Roseland, New Jersey 07068. We pay $58 per month to rent such space on a month-to-month lease basis. We believe that our current office space will be adequate for the foreseeable future.
Item 2 of the 10-K filed Mar 17, 2026.3
Leadership
Who has led GAXOS.AI INC., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerVadim Mats Feb 17, 2023 to Jun 26, 202310
- ChairVadim Mats Feb 22, 2023 to Jun 26, 202311
- Chief financial officerSteven A. Shorr Feb 17, 2023 to Feb 22, 202312
Board members and other officers (5)
- Board memberRoman Feldman Mar 3, 2025 to now13
- Board memberAdam Holzer Feb 17, 2023 to now14
- Board memberAlex Kisin Feb 17, 2023 to Mar 7, 202415
- Board memberScott Grayson Feb 17, 2023 to now16
- Board memberVadim Mats Feb 17, 2023 to Feb 17, 202310
Former names
- NFT Gaming Co Inc.Jan 14, 2022 to Nov 14, 20232
Timeline
- Oct 1, 20268-K Listing notice or transfer17
- Aug 14, 20268-K Entered a material agreement; Unregistered sale of shares; Other events18
- Aug 12, 20268-K Results of operations19
- Aug 11, 20268-K Executive or director change; Shareholder vote20
- Jun 25, 20268-K Completed an acquisition or sale; Regulation FD disclosure21
- Mar 20, 20268-K Other events22
- Mar 3, 20268-K Entered a material agreement; Other events23
- Feb 4, 20268-K Other events24
- Jan 23, 20268-K Entered a material agreement25
- Aug 13, 20258-K Shareholder vote26
- Mar 3, 20258-K Executive or director change27
- Dec 30, 20248-K Entered a material agreement; Unregistered sale of shares; Shareholder vote28
- Feb 17, 2023New chief executive Vadim Mats becomes CEO10
Calendar
Coming up
- Nov 12, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.14) a share, on Nov 13, 2025.29
When it reported results
- Aug 12, 2026Reported quarterly or annual results19
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
151 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 26 major events, 22 insider forms, 6 large holders, 3 private raises, 78 other. The latest 20:
- Oct 1, 20268-K CURRENT REPORT EDGAR
- Sep 22, 2026424B3 PROSPECTUS EDGAR
- Sep 21, 2026EFFECT EDGAR
- Sep 11, 2026S-3 REGISTRATION STATEMENT EDGAR
- Aug 21, 2026S-8 REGISTRATION STATEMENT EDGAR
- Aug 20, 2026SCHEDULE 13G EDGAR
- Aug 14, 20268-K CURRENT REPORT EDGAR
- Aug 14, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
- Aug 14, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
- Aug 12, 20268-K CURRENT REPORT EDGAR
- Aug 12, 202610-Q QUARTERLY REPORT EDGAR
- Aug 11, 20268-K CURRENT REPORT EDGAR
- Jul 2, 2026ARS EDGAR
- Jul 2, 2026DEFA14A DEFA 14A EDGAR
- Jul 2, 2026DEF 14A EDGAR
- Jun 25, 20268-K CURRENT REPORT EDGAR
- Jun 22, 2026PRE 14A EDGAR
- May 19, 202610-Q/A AMENDMENT NO. 1 TO FORM 10-Q EDGAR
- May 14, 202610-Q QUARTERLY REPORT EDGAR
- Mar 23, 20264 EDGAR
The 151 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 22, 2023 | MATS VADIMCEO & Chairman | Buy | 2,750 | $0.66 | $1.8K | Form 4 |
| May 17, 2023 | MATS VADIMCEO & Chairman | Buy | 2,500 | $1.00 | $2.5K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- INTRACOASTAL CAPITAL, LLCSCHEDULE 13G, 3 filings Dec 26, 2024 to Aug 20, 202630
- CVI Investments, Inc.SCHEDULE 13G/A, 2 filings Dec 26, 2024 to Feb 7, 202531
- ARMISTICE CAPITAL, LLCSC 13G, 1 filing Nov 14, 202432
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Vadim MatsChief Executive Officer | 41 | $415.4K | $815.4K33 |
| 2025 | Steven ShorrChief Financial Officer | 57 | $77.3K | $77.3K33 |
| 2024 | Vadim MatsChief Executive Officer | 41 | $400.0K | $550.0K33 |
| 2024 | Steven ShorrChief Financial Officer | 57 | $60.0K | $60.0K33 |
Money raised
Private offerings the company reported to the SEC on Form D.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Jane Street Group, LLC | 281,880 | $329.8K | 0.0% | +251,650 |
| Vanguard Capital Management LLC | 64,603 | $75.6K | 0.0% | No change |
| Geode Capital Management, LLC | 61,765 | $72.3K | 0.0% | −59,726 |
| Susquehanna International Group, Llp | 56,353 | $65.9K | 0.0% | New |
| Citadel Advisors LLC | 52,170 | $61.0K | 0.0% | New |
| Vanguard Fiduciary Trust Co | 35,982 | $42.1K | 0.0% | No change |
| State Street Corp | 31,200 | $36.5K | 0.0% | New |
| XTX Topco Ltd | 28,623 | $33.5K | 0.0% | +16,979 |
| StoneX Group Inc. | 13,079 | $16.1K | 0.0% | New |
| Ritholtz Wealth Management | 10,000 | $11.7K | 0.0% | New |
| UBS Group AG | 6,972 | $8.2K | 0.0% | +360 |
| Tower Research Capital LLC (TRC) | 3,108 | $3.6K | 0.0% | +1,385 |
| Virtu Financial LLC | 61,308 | $72 | 0.0% | +46,005 |
| Caitong International Asset Management Co., Ltd | 3 | $4 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How GAXOS.AI INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGAXOS.AI INC.1
- CIK0001895618
- Employer ID (EIN)87-32888973
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inNevada3
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address101 Eisenhower Pkwy Suite 300, Roseland, NJ 070681
- Phone973-275-74281
- Shares outstanding10,744,634 as of Aug 11, 20268
- Public float$9.7M as of Jun 30, 20253
- AuditorSalberg & Company, P.A., Boca Raton, Florida PCAOB ID 106; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceJan 14, 20221
- Filings151 in all: 8-K (24), 4 (16), 10-Q (11), UPLOAD (11), CORRESP (9), 424B3 (8), 3 (6), EFFECT (6)1
All 32 form types
424B5 (5), DRS/A (5), DRSLTR (5), 10-K (4), DEF 14A (4), S-1/A (4), S-3 (4), SCHEDULE 13G (4), D (3), DEFA14A (3), PRE 14A (3), S-8 (3), S-1 (2), 10-Q/A (1), 424B4 (1), 8-A12B (1), 8-K/A (1), 8-K12B (1), ARS (1), CERT (1), DRS (1), PRER14A (1), SC 13G (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Mar 17, 2026
Quarterly report (10-Q) Aug 12, 2026
Proxy statement (DEF 14A) Jul 2, 2026
Latest 8-K (8-K) Oct 1, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.0001 | GXAI | Nasdaq |
From the cover page of the 10-K filed Mar 17, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks GAXOS.AI INC. names in Item 1A of its 10-K filed Mar 17, 2026: 48 risks under these headings, as written.3
- Risks Related to Our Business and Industry
- We have a limited operating history and, therefore, cannot accurately project our revenues and operating expenses.
- We have not developed a strong customer base, and we have not generated sustainable revenue since inception. We cannot assure you that we ever will. We will incur significant losses in launching products and we may not realize sufficient subscriptions or profits in order to sustain our business.
- We may encounter numerous difficulties frequently encountered by companies in the early stage of operations.
- We may be unable to manage our growth or implement our expansion strategy.
- We will need additional debt or equity financing in the future.
- If we are unable to obtain additional funding when needed, our business operations will be harmed, and if we do obtain additional financing, our then-existing shareholders may suffer substantial dilution.
- We are dependent on the services of certain key management personnel, employees, and advisors. If we are unable to retain or motivate such individuals or hire qualified personnel, we may not be able to grow effectively.
- We may continue to incur substantial losses and negative operating cash flows and may not achieve or maintain positive cash flow or profitability in the future.
- We may utilize artificial intelligence, which exposes us to liability and affects our business.
- The use of new and evolving technologies, such as artificial intelligence, in our business may result in spending material resources and presents risks and challenges that can impact our business including by posing security and other risks to our confidential and/or proprietary information, including personal information, and as a result we may be exposed to reputational harm and liability.
- Our business will be intensely competitive. We may not deliver successful and engaging games, or players and consumers may prefer our competitors’ products over our own.
The other 37 risks
- The impact on our industry of the development and deployment of artificial intelligence in the workplace is unknown, and potential changes in work spaces and work patterns could impact order volume and adversely affect our business and financial results.
- Our industry is subject to rapid technological change, and if we do not adapt to, and appropriately allocate our resources among, emerging technologies and business models, our business may be negatively impacted.
- Negative perceptions about our business, products, and services and the communities within our products and services may damage our business, and we may incur costs to address concerns.
- We may become involved in legal proceedings that may result in adverse outcomes.
- Catastrophic events may disrupt our business.
- We may not meet our product and live service development schedules and live service release schedule may be delayed, cancelled, or poorly received.
- Risks Related to Information Technology Systems, Intellectual Property and Privacy Laws
- Security breaches and attacks against our systems and network, and any potentially resulting breach or failure to otherwise protect confidential and proprietary information, could damage our reputation and negatively impact our business, as well as materially and adversely affect our financial condition and results of operations.
- We face the risk of fraud.
- We use open-source software in connection with certain of our games and services which may pose particular risks to our proprietary software, products, and services in a manner that could have a negative impact on our business.
- We rely on third-party providers for computing infrastructure, secure network connectivity, and other technology-related services needed to deliver our products. Any disruption in the services provided by such third-party provider could adversely affect our business.
- We may not be able to secure all rights to our intellectual property or our rights may be subject to claims of infringement by others and other issues affecting production.
- If third parties claim that we infringe their intellectual property, it may result in costly litigation.
- We may not be able to adequately protect our proprietary technology, and our competitors may be able to offer similar products and services which would harm our competitive position.
- The laws and regulations concerning data privacy are continually evolving. Failure to comply with these laws and regulations could harm our business.
- We collect, store, process, and use personal data, which subjects us to legal obligations and laws and regulations related to security and privacy, and any actual or perceived failure to meet those obligations could harm our business.
- United States federal and state privacy laws, and equivalent laws of other nations, may increase our costs of operation and expose us to civil and criminal sanctions.
- Our business will be subject to complex and prescriptive regulations regarding consumer protection and data privacy practices, and could be adversely affected if our consumer protection, data privacy and security practices are not adequate, or perceived as being inadequate.
- Risks Related to Regulatory Changes
- Changes in our tax rates or exposure to additional tax liabilities, and changes to tax laws and interpretations of tax laws could adversely affect our earnings and financial condition.
- Government regulations applicable to us may negatively impact our business.
- We may face significant competition, which may harm our business, results of operations or financial condition.
- Gaxos Health would be adversely affected if we cannot obtain, process or distribute data we require to provide our solutions.
- Risks Related to Our Common Stock
- The market prices and trading volume of our shares of Common Stock may experience rapid and substantial price volatility which could cause purchasers of our common stock to incur substantial losses.
- The price of our securities may fluctuate substantially.
- Our ability to have our securities traded on the Nasdaq Capital Market is subject to us meeting applicable listing criteria.
- We may acquire other companies or technologies, which could divert our management’s attention, result in dilution to our stockholders and otherwise disrupt our operations and adversely affect our operating results.
- If research analysts do not publish research about our business or if they issue unfavorable commentary or downgrade our Common Stock, our securities’ price and trading volume could decline.
- Market and economic conditions may negatively impact our business, financial condition and share price.
- The ability of a stockholder to recover all or any portion of such stockholder’s investment in the event of a dissolution or termination may be limited.
- We do not intend to pay cash dividends on our shares of Common Stock so any returns will be limited to the value of our shares.
- Our Articles of Incorporation provide that, unless we consent in writing to the selection of an alternative forum, the Eighth Judicial District Court of Clark County, Nevada will be the sole and exclusive forum for substantially all disputes between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, or employees.
- We are an “emerging growth company” and are able to avail ourselves of reduced disclosure requirements applicable to emerging growth companies, which could make our Common Stock less attractive to investors.
- Financial reporting obligations of being a public company in the United States are expensive and time-consuming, and our management will be required to devote substantial time to compliance matters.
- If we fail to comply with the rules under Sarbanes-Oxley related to accounting controls and procedures in the future, or, if we discover material weaknesses and other deficiencies in our internal control and accounting procedures, our stock price could decline significantly and raising capital could be more difficult.
- Provisions in our articles of incorporation, bylaws and of Nevada law have anti-takeover effects that could prevent a change in control that could be beneficial to our stockholders, which could depress the market price of shares of our common stock.
- If our shares become subject to the penny stock rules, it would become more difficult to trade our shares.
- FINRA sales practice requirements may limit a stockholder’s ability to buy and sell our stock.
- We may be considered a smaller reporting company and will be exempt from certain disclosure requirements, which could make our Common Stock less attractive to potential investors.
Legal proceedings
From time to time, we may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. Litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. We are currently not aware of any such legal proceedings or claims that will have, individually or in the aggregate, a material adverse effect on our business, financial condition or operating results.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARGAXOS.AI INC. filings on SEC EDGAR
- 2SEC EDGARGAXOS.AI INC. filings on SEC EDGAR
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- 4SEC EDGARGAXOS.AI INC. 10-K for fiscal 2025
- 5SEC EDGARGAXOS.AI INC. 10-K for fiscal 2023
- 6SEC EDGARGAXOS.AI INC. 10-K for fiscal 2022
- 7SEC EDGARGAXOS.AI INC. 10-Q for fiscal 2026
- 8SEC EDGARGAXOS.AI INC. 10-Q for fiscal 2026
- 9SEC EDGARGAXOS.AI INC. 10-K for fiscal 2021
- 10SEC EDGARVadim Mats, Chief executive officer
- 11SEC EDGARVadim Mats, Chair
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- 13SEC EDGARRoman Feldman, Board member
- 14SEC EDGARAdam Holzer, Board member
- 15SEC EDGARAlex Kisin, Board member
- 16SEC EDGARScott Grayson, Board member
- 17SEC EDGARListing notice or transfer
- 18
- 19SEC EDGARResults of operations
- 20
- 21
- 22SEC EDGAROther events
- 23
- 24SEC EDGAROther events
- 25SEC EDGAREntered a material agreement
- 26SEC EDGARShareholder vote
- 27SEC EDGARExecutive or director change
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- 29NasdaqNasdaq calendar
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- 31
- 32
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