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Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash $ 1,718,964 $ 14,398,099
Short-term investments, at fair value 12,326,666 2,167,419
Investment in equity securities, at fair value 199,998 199,998
Accounts receivable 9,368
Prepaid expenses and other current assets 242,894 63,609
Total Current Assets 14,497,890 16,829,125
LONG-TERM ASSETS:    
Property and equipment, net 93,830 70,374
Intangible assets, net 808,133 125,000
Digital currencies 37 37
Total Long-Term Assets 902,000 195,411
TOTAL ASSETS 15,399,890 17,024,536
CURRENT LIABILITIES:    
Accounts payable 250,717 338,791
Accrued expenses 254,167 61,590
Deferred revenue 566 1,126
Total Current Liabilities 505,450 401,507
Total Liabilities 505,450 401,507
Commitments and Contingencies (See Note 7)
STOCKHOLDERS’ EQUITY:    
Preferred stock; par value $0.0001; 5,000,000 shares authorized; No shares issued and outstanding on June 30, 2025 and December 31, 2024
Common stock; par value $0.0001: 50,000,000 shares authorized; 7,123,453 and 6,923,453 shares issued and outstanding on June 30, 2025 and December 31, 2024, respectively 712 692
Additional paid-in capital 25,727,784 25,416,451
Accumulated other comprehensive income 28,385 11,693
Accumulated deficit (10,740,909) (8,799,721)
Total Gaxos.AI Stockholders’ Equity 15,015,972 16,629,115
Noncontrolling interest (121,532) (6,086)
Total Stockholders’ Equity 14,894,440 16,623,029
Total Liabilities and Stockholders’ Equity $ 15,399,890 $ 17,024,536