Gaxos.AI(GXAI)
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Gaxos’ Portfolio Company, America First Defense, Begins Deployment of Anduril Lattice Platform, Expanding Counter-Swarm UAV and Anti-Drone Defense Systems
Globenewswire· 2026-03-24 12:12
Roseland, NJ, March 24, 2026 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various high-growth sectors, today announced that its portfolio company, America First Defense (“AFD”), began deployment the Anduril Lattice Platform, expanding Counter-Swarm UAV and Anti-Drone Defense Systems. The deployment marks an important operational milestone for AFD as it advances its next-generation autonomous defense infrastructure designed to ...
Gaxos' Portfolio Company, America First Defense, Secures Acceptance into Anduril's Lattice Program, Accelerating its Position in the Counter-Drone Defense Market
Globenewswire· 2026-03-18 19:02
Core Insights - America First Defense (AFD) has been accepted into Anduril's Lattice Program, enhancing its position in the counter-drone defense market [1][2][3] - The acceptance signifies a strategic milestone for AFD, aligning it with advanced defense technologies and supporting its growth trajectory [2][4] - AFD is focused on developing solutions to address aerial threats in defense, homeland security, and critical infrastructure environments, reflecting the increasing global demand for counter-unmanned aircraft systems (counter-UAS) [3][4] Company Overview - America First Defense specializes in advanced defense systems, including airborne counter-drone technology and biomimetic soft robotics platforms [6] - Gaxos.ai Inc. is a technology company that develops AI applications across various sectors, including defense, aiming to make advanced technology more practical and accessible [7]
Gaxos.AI(GXAI) - 2025 Q4 - Annual Report
2026-03-17 21:12
Revenue Generation - Gaxos.AI generated revenues of $1,933,030 for the year ended December 31, 2025, with $1,509,886 from RNK Health providing non-clinical services[180] - Revenue from health coaching packages was $1,124 in 2025, compared to $3,952 in 2024, indicating a significant increase in service offerings[180] - Subscription services from Art-Gen.ai, UnGPT.ai, and Bible.ai applications generated $421,995 in revenue in 2025[180] - Total revenues for the year ended December 31, 2025, were $1,933,030, a decrease of 52.0% compared to $4,027 in 2024[181] Operating Expenses - Operating expenses increased by $3,141,924, or 84.7%, totaling $6,849,556 for the year ended December 31, 2025[183] - General and administrative expenses rose to $5,855,885, an increase of 116.0% from $2,711,145 in 2024[186] - Advertising and marketing expenses surged by $2,715,433, or 739.2%, reaching $3,082,784 in 2025[190] - Research and development fees decreased slightly by $2,816, or 0.3%, amounting to $993,671 in 2025[184] Financial Performance - The company reported a loss from operations of $4,916,526 for 2025, an increase of 32.7% from $3,703,605 in 2024[194] - Net loss attributable to common shareholders was $3,900,583, with a net loss per share of $0.55, compared to a net loss of $3,418,197 and $1.92 per share in 2024[196] - Net cash used in operations for 2025 was $3,853,757, compared to $3,280,397 in 2024[203] Cash and Financing - As of December 31, 2025, the company had a cash balance of $840,799 and working capital of $11,919,230[198] - The company plans to pursue additional financing to support its growth strategy and research and development efforts[209] Business Initiatives - Gaxos Labs launched a generative AI service in September 2024, reducing creative asset development time from hours to minutes for game developers[165] - The company launched UnGPT.ai in May 2025, enhancing AI-generated text to sound more natural and human-like[166] - Art-Gen.AI, launched in August 2025, allows users to create professional-grade content quickly and cost-effectively[167] - Gaxos Health initiative aims to provide personalized health optimization solutions using AI-driven insights and biometric data[168] - RNK Health, a subsidiary formed in September 2024, holds a 70% membership interest and focuses on marketing health-related products[170] - Gaxos Gaming launched five proprietary games by December 31, 2025, integrating AI for personalized gaming experiences and NFT minting[172] Regulatory and Compliance - The company has chosen to take advantage of the extended transition periods available to emerging growth companies under the JOBS Act for complying with new or revised accounting standards[214] - The company will remain an "emerging growth company" until it has total annual gross revenues of $1.07 billion or more[215] - The company is not required to provide quantitative and qualitative disclosures about market risk as a smaller reporting company[216]
This AI Drone Stock Is Soaring on a New Navy Win. Should You Chase the Rally Here?
Yahoo Finance· 2026-03-05 20:29
Core Viewpoint - Gaxos.ai has secured a military contract with the U.S. Navy, which is expected to positively impact its stock performance amid rising geopolitical tensions, particularly related to Iran's drone activities [1][5]. Group 1: Contract and Market Context - The new licensing deal involves Gaxos.ai's "Detachable Drone Hijacker," which utilizes cyber-operations to neutralize hostile drones [1]. - The U.S. Navy's agreement is particularly significant given the escalating conflict with Iran, where the Pentagon is focusing on non-kinetic electronic warfare to safeguard maritime assets [5]. - Gaxos.ai's technology offers a precise solution to counter Iranian drone swarms targeting U.S. warships, positioning the company favorably within the $850 billion emergency defense spending cycle anticipated in 2026 [6]. Group 2: Financial Performance and Risks - Gaxos.ai reported a loss of $3.78 million last year, with total revenue of less than $1 million, indicating fragile financial health [8]. - The company has raised over $7 million through equity offerings, which poses a risk of shareholder dilution [8]. - The stock's current status as a penny stock raises concerns about potential manipulation and volatility, with a significant risk of delisting [7]. Group 3: Market Perception and Coverage - Gaxos.ai does not receive coverage from Wall Street firms, which may limit retail investors' access to independent research on the company's future prospects [9]. - The absence of institutional interest reflects a broader skepticism regarding the company's viability, especially given its small size and transition between gaming and defense sectors [9].
America First Defense Secures License from Navy for Counter-UAS System Designed to Defeat Hostile Drones
Globenewswire· 2026-03-05 13:12
Core Insights - Gaxos.ai Inc. has a stake in America First Defense, which has secured a license for the Detachable Drone Highjacker, a drone-mounted electronic warfare payload designed to counter hostile Unmanned Aircraft Systems [1][2][3] Group 1: Technology and Development - The Detachable Drone Highjacker (DDH) neutralizes enemy UASs through targeted cyber operations, offering a selective and precision approach compared to conventional jamming methods [2] - The licensing agreement allows America First Defense to develop and commercialize a scalable airborne counter-UAS capability for defense, security, and critical infrastructure protection [2][3] Group 2: Company Positioning - Gaxos' involvement with America First Defense positions the company at the forefront of counter-UAS technology, highlighting its commitment to innovative defense solutions [3] - America First Defense focuses on advanced defense systems, including airborne counter-drone technology and biomimetic soft robotics for various applications [4] Group 3: Company Overview - Gaxos.ai is dedicated to reshaping interactions with artificial intelligence across multiple sectors, including defense, health, entertainment, and productivity [5] - The company aims to create AI-powered solutions that are practical and transformative, enhancing innovation in high-impact industries [5]
Gaxos Acquires Strategic Stake in America First Defense, Developer of Advanced Drone-Based Electronic Warfare System
Globenewswire· 2026-03-03 13:12
Core Insights - Gaxos.ai Inc. has acquired a 19.99% stake in America First Defense, a company focused on developing advanced defense technologies, particularly in drone and robotics platforms [1][2][3] Company Overview - Gaxos.ai is a technology company that develops artificial intelligence applications across various sectors, aiming to reshape interactions with AI in everyday life and high-impact industries [7] - America First Defense specializes in next-generation security platforms, including a counter-drone system and biomimetic soft robotics, targeting defense, homeland security, and critical infrastructure applications [2][6] Strategic Importance - The acquisition positions Gaxos at the intersection of AI and defense innovation, addressing the growing demand for precise and scalable defense solutions [4][3] - Gaxos aims to build a diversified portfolio of AI-driven businesses and strategic investments, enhancing market reach and technology exposure [4]
Gaxos Inks Deal with BytePlus, Enterprise Technology Division of Bytedance
Globenewswire· 2026-02-17 13:12
Core Insights - Gaxos.ai Inc. has finalized a partnership with Byteplus, the Enterprise Technology Division of ByteDance, which will provide preferred pricing and significant discounts on video generation models [1][2] - This collaboration aims to enhance Gaxos' flagship AI platform, Art-Gen, by enabling faster deployment of AI capabilities, thereby improving gross margins as user adoption scales [2][3] Company Developments - The partnership positions Gaxos to penetrate the multi-billion-dollar global creator economy by integrating advanced AI video tools into its ecosystem, reducing infrastructure costs and improving scalability [3] - Gaxos anticipates expanded monetization through Art-Gen's subscription and credit-based tiers, alongside improved margins due to rebates and preferred pricing [4] Leadership Perspective - The CEO of Gaxos expressed enthusiasm about the partnership, highlighting its potential to deliver exceptional creative power to users globally while enhancing the company's economic performance [4]
Amazon Just Gave This Little-Known AI Stock a Huge Boost. Should You Buy Shares Now?
Yahoo Finance· 2026-02-03 22:33
Gaxos.ai (GXAI) closed more than 40% higher today after Amazon Web Services (AWS) committed to funding preliminary development of its real-time sales coaching platform. The agreement named cloud services provider Caylent as partner and it focuses on developing Gaxos Labs — an enterprise-scale platform featuring live call transcription, automated coaching intelligence, and post-call analytics built on AWS-native infrastructure. More News from Barchart Following the post-announcement surge, GXAI stock is ...
Amazon AWS Funds Gaxos AI Sales Platform Development
Globenewswire· 2026-02-03 13:12
Core Insights - Gaxos.ai Inc. has announced a partnership with Amazon Web Services (AWS) to develop an AI-powered sales coaching platform, which positions the company to compete in the multibillion-dollar sales technology market [2][4]. Group 1: Partnership and Development - AWS has committed to fund the preliminary development of Gaxos Labs' innovative platform, which is designed for enterprise-scale deployment and includes features such as live call transcription and automated coaching intelligence [3][4]. - The collaboration with Caylent, an AWS premier partner, focuses on building a fully AWS-native infrastructure that supports rapid scalability and operational efficiency [3][7]. Group 2: Strategic Implications - The partnership with AWS is seen as a major validation for Gaxos, enhancing its credibility and ability to pursue large-scale commercial opportunities [4]. - Gaxos anticipates that the AWS-supported development phase will lead to future revenue-generating opportunities and additional strategic partnerships [4]. Group 3: Company Background - Gaxos.ai is focused on developing AI applications across various sectors, including health, wellness, and gaming, aiming to redefine the human-AI relationship [8]. - Caylent specializes in cloud services, helping organizations modernize applications and build cloud-native platforms, with multiple awards recognizing its achievements in the AWS ecosystem [7].
Gaxos Enters Multibillion-Dollar Digital Faith Market with Launch of Bible Pray AI
Globenewswire· 2025-12-09 13:00
Roseland, NJ, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various high-growth sectors, today announced the official launch of Bible Pray AI, a personalized, AI-powered spiritual growth platform designed to help users deepen faith, strengthen daily devotion, and apply scripture for greater peace, clarity, and purpose. Bible Pray AI represents Gaxos’ strategic expansion into the rapidly growing digital faith, ment ...