Xiao-I Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5.01	0.85	1.56	1.03	1.31	0.37
Short-Term Investments	-	-	-	-	-	0.31
Cash & Short-Term Investments	5.01	0.85	1.56	1.03	1.31	0.67
Cash Growth	175.00%	-45.89%	52.45%	-21.77%	94.82%	-
Accounts Receivable	51.39	55.54	28.33	41.41	31.24	8.05
Other Receivables	-1.9	-	2.41	0.36	0.1	1.18
Receivables	63.22	69.02	30.73	42.07	31.65	9.24
Inventory	2.45	0.12	2.74	0.77	0.77	0.27
Prepaid Expenses	-	0.79	-	-	-	-
Restricted Cash	-	-	0.02	-	-	0.46
Other Current Assets	3.03	5.71	3	4.56	2.07	1.45
Total Current Assets	73.71	76.49	38.05	48.42	35.81	12.09
Property, Plant & Equipment	2.32	2.7	4.56	1.08	1.4	2.49
Long-Term Investments	2.53	2.5	2.65	2.85	0.34	0.48
Other Intangible Assets	0.13	0.14	0.21	0.64	0.8	0.89
Long-Term Deferred Tax Assets	-	-	-	3.89	4.91	5.32
Other Long-Term Assets	3.71	0.68	17.86	3.7	3.94	3.91
Total Assets	82.39	85.51	66.33	60.58	47.19	25.18
Accounts Payable	38.38	27.2	13.83	9.51	6.23	2.5
Accrued Expenses	13.83	10.79	6.89	9.63	5.42	3.26
Short-Term Debt	45.64	42.69	32.34	29.59	20.13	16.49
Current Portion of Leases	0.48	0.48	0.93	0.44	0.8	1.31
Current Income Taxes Payable	-	-	-	-	0.02	-
Current Unearned Revenue	2.24	2.39	1.65	2.55	2.95	2.16
Other Current Liabilities	3.67	3.06	2.02	0.89	0.51	0.04
Total Current Liabilities	104.24	86.6	57.66	52.61	36.06	25.76
Long-Term Debt	10.23	9.87	10.57	11.89	8.91	-
Long-Term Leases	0.1	0.3	1.47	0.3	0.45	1.01
Other Long-Term Liabilities	4.59	4.51	5.09	4.77	5.16	5.04
Total Liabilities	119.17	101.28	74.8	69.57	50.57	31.81
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	125.57	115.75	108.73	75.62	75.62	75.62
Retained Earnings	-155.23	-125.1	-110.6	-78.25	-72.35	-76.02
Comprehensive Income & Other	-3.2	-2.85	-3	-3.26	-3.46	-3.4
Total Common Equity	-32.85	-12.2	-4.86	-5.89	-0.19	-3.81
Minority Interest	-3.93	-3.57	-3.6	-3.1	-3.19	-2.82
Shareholders' Equity	-36.78	-15.77	-8.47	-8.98	-3.38	-6.63
Total Liabilities & Equity	82.39	85.51	66.33	60.58	47.19	25.18
Total Debt	56.46	53.34	45.31	42.21	30.28	18.81
Net Cash (Debt)	-51.45	-52.5	-43.75	-41.18	-28.97	-18.14
Net Cash Per Share	-4.87	-6.11	-5.55	-5.59	-3.89	-2.46
Filing Date Shares Outstanding	10.65	10.65	8.01	8.01	7.37	7.37
Total Common Shares Outstanding	10.65	10.65	8.01	7.37	7.37	7.37
Working Capital	-30.53	-10.11	-19.61	-4.19	-0.26	-13.67
Book Value Per Share	-3.08	-1.15	-0.61	-0.80	-0.03	-0.52
Tangible Book Value	-32.98	-12.35	-5.08	-6.52	-0.99	-4.69
Tangible Book Value Per Share	-3.10	-1.16	-0.63	-0.88	-0.13	-0.64
Machinery	2.68	2.68	2.39	0.41	0.34	0.3
Construction In Progress	-	-	-	-	0	0.01
Leasehold Improvements	0.1	0.1	0.18	0.06	0.06	0.04

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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