Xiao-I Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1.82	1.56	1.03	1.31	0.37
Short-Term Investments	-	-	-	-	0.31
Cash & Short-Term Investments	1.82	1.56	1.03	1.31	0.67
Cash Growth	-61.61%	52.45%	-21.77%	94.82%	-
Accounts Receivable	47.05	28.33	41.41	31.24	8.05
Other Receivables	0.16	2.41	0.36	0.1	1.18
Receivables	47.21	30.73	42.07	31.65	9.24
Inventory	0.08	2.74	0.77	0.77	0.27
Restricted Cash	0.03	0.02	-	-	0.46
Other Current Assets	7.47	3	4.56	2.07	1.45
Total Current Assets	61.45	38.05	48.42	35.81	12.09
Property, Plant & Equipment	3.25	4.56	1.08	1.4	2.49
Long-Term Investments	2.55	2.65	2.85	0.34	0.48
Other Intangible Assets	0.16	0.21	0.64	0.8	0.89
Long-Term Deferred Tax Assets	-	-	3.89	4.91	5.32
Other Long-Term Assets	20.14	17.86	3.7	3.94	3.91
Total Assets	87.56	66.33	60.58	47.19	25.18
Accounts Payable	32.23	13.83	9.51	6.23	2.5
Accrued Expenses	19.84	6.89	9.63	5.42	3.26
Short-Term Debt	35.34	32.34	29.59	20.13	16.49
Current Portion of Leases	0.57	0.93	0.44	0.8	1.31
Current Income Taxes Payable	-	-	-	0.02	-
Current Unearned Revenue	7.56	1.65	2.55	2.95	2.16
Other Current Liabilities	0.16	2.02	0.89	0.51	0.04
Total Current Liabilities	95.71	57.66	52.61	36.06	25.76
Long-Term Debt	7.18	10.57	11.89	8.91	-
Long-Term Leases	0.5	1.47	0.3	0.45	1.01
Other Long-Term Liabilities	7.3	5.09	4.77	5.16	5.04
Total Liabilities	110.69	74.8	69.57	50.57	31.81
Common Stock	0	0	0	0	0
Additional Paid-In Capital	109.36	108.73	75.62	75.62	75.62
Retained Earnings	-126.1	-110.6	-78.25	-72.35	-76.02
Comprehensive Income & Other	-2.82	-3	-3.26	-3.46	-3.4
Total Common Equity	-19.55	-4.86	-5.89	-0.19	-3.81
Minority Interest	-3.58	-3.6	-3.1	-3.19	-2.82
Shareholders' Equity	-23.12	-8.47	-8.98	-3.38	-6.63
Total Liabilities & Equity	87.56	66.33	60.58	47.19	25.18
Total Debt	43.6	45.31	42.21	30.28	18.81
Net Cash (Debt)	-41.77	-43.75	-41.18	-28.97	-18.14
Net Cash Per Share	-5.22	-5.55	-5.59	-3.89	-2.46
Filing Date Shares Outstanding	8.26	8.01	8.01	7.37	7.37
Total Common Shares Outstanding	8.26	8.01	7.37	7.37	7.37
Working Capital	-34.25	-19.61	-4.19	-0.26	-13.67
Book Value Per Share	-2.37	-0.61	-0.80	-0.03	-0.52
Tangible Book Value	-19.71	-5.08	-6.52	-0.99	-4.69
Tangible Book Value Per Share	-2.39	-0.63	-0.88	-0.13	-0.64
Machinery	-	2.39	0.41	0.34	0.3
Construction In Progress	-	-	-	0	0.01
Leasehold Improvements	-	0.18	0.06	0.06	0.04

Source: S&P Capital IQ. Standard template. Financial Sources.