secwatch.observer — SEC 8-K summary
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Issuer:     GAXOS.AI INC. (GXAI)
CIK:        0001895618
Form:       8-K
Filed at:   2026-08-12T20:15:55+00:00
Accession:  0001213900-26-088373
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gaxos Q2 revenue $2.46M, up 35.8% QoQ and 1,337% YoY; net income $241K
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- Revenue $2.46M, +35.8% QoQ from $1.81M, +1,337% YoY from $0.17M.
- GAAP net income $241,056 ($0.02 per share); advertising expense $3.14M, revenue per ad dollar $0.78 vs $0.65.
- Sold gaming assets to Game Foundry AI for 2.2M shares valued ~$1.76M; retains 19.99% stake in America First Defense.AI.
- Cash/short-term investments $11.44M at June 30; ATM raised ~$1.0M in Q2, no shares sold July 1–Aug 12.
- 10,744,634 shares outstanding as of Aug 12, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895618/000121390026088373/0001213900-26-088373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895618/000121390026088373/ea0301829-8k_gaxos.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-088373

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer