GAXOSAI INC

For the period ended Dec 31, 2023. Filed Mar 27, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 27, 2024

GXAI$0.41-1.7%Stored close · as of Nov 10, 2026

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Contents

Balance Sheets as of December 31, 2023 and 2022

BALANCE SHEETS

	December 31,	December 31,
	2023	2022
ASSETS
CURRENT ASSETS:
Cash	$1,024,710	$679,781
Short-term investments, at fair value	2,592,689	-
Accounts receivable	8	-
Prepaid expenses and other current assets	25,132	400
Deferred offering costs	-	202,599
Total Current Assets	3,642,539	882,780
LONG-TERM ASSETS:
Property and equipment, net	52,606	-
Digital currencies	801	-
Intangible asset, net	-	58,647
Total Long-Term Assets	53,407	58,647
TOTAL ASSETS	$3,695,946	$941,427
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$215,882	$245,011
Accrued expenses	54,154	10,683
Total Current Liabilities	270,036	255,694
Total Liabilities	270,036	255,694
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 December 31, 2023 and 2022	-	-
Common stock; par value $0.0001: 50,000,000 shares authorized; 988,368 and 868,154 share issued and outstanding on December 31, 2023 and 2022, respectively	99	87
Additional paid-in capital	8,711,550	2,119,073
Accumulated other comprehensive income	95,785	-
Accumulated deficit	(5,381,524)	(1,433,427)
Total Stockholders’ Equity	3,425,910	685,733
Total Liabilities and Stockholders’ Equity	$3,695,946	$941,427

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.