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Gaxos.ai (GXAI) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 28, 2025

Gaxos.ai (GXAI) reported revenue of $1K for the fourth quarter 2024 (Q4 2024) and -52% from the quarter before.

Revenue$1K
Year over year—
Quarter over quarter-52%
Operating margin—
Net earnings−$838K

Gaxos.ai, Q4 2024: revenue $1K, net loss $838K, operating cash flow −$768K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$1K-52%—
Operating profit−$899K——
Net earnings−$838K——
Operating cash flow−$768K——

What changed

Revenue was $1K in Q4 2024, down 52% from the previous quarter.

Operating costs exceeded revenue by $899K, an operating margin of -68971.9%. The quarter ended with a net loss of $838K, narrower than the previous quarter's $864K loss. Minority interests bore $6K of it: to shareholders the quarter was a loss of $832K.

Operating cash flow was −$768K. Non-cash charges added back $35K of share-based compensation.

Questions

What was Gaxos.ai's revenue in the fourth quarter 2024?

Gaxos.ai (GXAI) reported revenue of $1K for the fourth quarter 2024 (Q4 2024) and -52% from the quarter before.

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Source: Gaxos.ai 10-K on SEC EDGAR.