Lucide Ledger

A filing-first public record from Lucide House.

Issue 010 | U.S. Pilot | US

GXAI

GAXOS.AI INC.

Screen state: Needs Review Source state: Needs Review 10-Q | 2026-05-19 Filing currency: USD
Open Filing Back to Register Report a correction
Internal NCAV Discount 40.0%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets
12,156,890USD
Total Liabilities
569,308USD
NCAV
11,587,582USD
Cash
1,513,550USD
NCAV per share
1.00USD/share
Evidence
4 annual | 14 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Evaluated
12
Triggered
2
Unavailable
7
Requires inspection Negative OCF -2,493,586
Latest
-2,493,5862026-03-31
Comparison
n/a
Change
n/a

Basis: latest reporting-period cash from operations < 0

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-058659

Supporting observation Current Ratio > 1.5 21.35
Latest
21.352026-03-31
Comparison
1.5
Change
n/a

Basis: current assets / current liabilities; strong if > 1.5

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-058659

7 unavailable checks — inspect missing inputs
High Debt (short-term debt + long-term debt) / ordinary equity >= 50%
Low Debt (short-term debt + long-term debt) / ordinary equity < 20%
Material 1Y Share Increase 1Y share change >= +2% using the same share-count source
NCAV Growing equivalent prior-year NCAV change >= +2%; both NCAV values must be positive
No Material 1Y Share Increase 1Y share change > -2% and <= +1% using the same share-count source
Non-Positive Equity ordinary shareholders equity <= 0
Share Count Reduced 1Y share change <= -2% using the same share-count source

Business Profile

Checklist-driven facts extracted from filing text. Missing fields stay visible in the details.

business_profile_v1

Business profile: 0 of 12 fields established by the current extractor.

Business Profile Field Details

Business Description

Missing Source

Not established by the current extractor from the selected filing context.

Revenue Model

Missing Source

Not established by the current extractor from the selected filing context.

Customers And Channels

Missing Source

Not established by the current extractor from the selected filing context.

Segments And Geography

Missing Source

Not established by the current extractor from the selected filing context.

Tangible Operations Assets

Missing Source

Not established by the current extractor from the selected filing context.

Value Chain

Missing Source

Not established by the current extractor from the selected filing context.

Competition Positioning

Missing Source

Not established by the current extractor from the selected filing context.

Business Lifecycle Cyclicality

Missing Source

Not established by the current extractor from the selected filing context.

Strategy And Capital Allocation

Missing Source

Not established by the current extractor from the selected filing context.

Management Governance Signals

Missing Source

Not established by the current extractor from the selected filing context.

Disclosed Risks

Missing Source

Not established by the current extractor from the selected filing context.

Known Unknowns

Missing Source

Not established by the current extractor from the selected filing context.

Business Profile Sources
Source Filing Date Type Status Provenance
S1 0001213900-25-110000 2025-11-13 10-Q Missing Source Data Vault | sec/cleaned/cik=0001895618/accession=0001213900-25-110000/parser=html-cleaner-v1/full.txt
Share Count & Per-Share Comparability

Data Vault has not published the normalized share-count artifact for this company.

Known Unknowns

Only 14 quarterly periods available from Data Vault for this company.

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

High | Filing

Some rows do not have a verified direct filing URL in the local official filing cache.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric
2025-12-31
10-K
USD
2024-12-31
10-K
USD
2023-12-31
10-K
USD
2022-12-31
10-K
USD
Revenue 1,933,030 4,027 256 n/a
Operating Income -4,916,526 -3,703,605 -4,015,285 -1,424,096
Net Income -3,900,583 -3,418,197 -3,948,097 -1,421,172
Cash From Operations -3,853,757 -3,280,397 -2,980,592 -1,260,425
Capex n/a n/a n/a n/a
Free Cash Flow n/a n/a n/a n/a
Cash And Equivalents 840,499 14,398,099 1,024,710 679,781
Accounts Receivable 76,247 n/a 8 n/a
Inventory n/a n/a n/a n/a
Total Current Assets 12,599,819 16,829,125 3,642,539 882,780
Total Assets 13,421,545 17,024,536 3,695,946 941,427
Total Current Liabilities 680,589 401,507 270,036 255,694
Total Liabilities 680,589 401,507 270,036 255,694
Shareholders Equity 13,128,706 16,629,115 3,425,910 685,733
Shares Outstanding 10,219,934 7,123,453 1,093,672 1,008,717
Shares Outstanding Diluted n/a n/a n/a n/a
Weighted Avg Shares Diluted 7,093,316 1,777,451 987,938 868,154
Weighted Avg Shares Basic 7,093,316 1,777,451 987,938 868,154
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Only 14 quarterly periods available from Data Vault for this company.

Metric
2026-06-30
10-Q
USD
2026-03-31
10-Q
USD
2025-12-31
10-K
USD
2025-09-30
10-Q
USD
2025-06-30
10-Q
USD
2025-03-31
10-Q
USD
2024-12-31
10-K
USD
2024-09-30
10-Q
USD
2024-06-30
10-Q
USD
2024-03-31
10-Q
USD
2023-12-31
10-K
USD
2023-09-30
10-Q
USD
2023-06-30
10-Q
USD
2023-03-31
10-Q
USD
Revenue 2,457,357 1,809,367 1,240,056 498,271 170,971 23,732 1,304 2,704 0 19 n/a n/a n/a n/a
Operating Income -1,864,755 -2,547,122 -1,227,382 -1,314,755 -982,694 -1,391,695 -899,394 -905,869 -854,503 -1,043,839 -830,736 -873,616 -768,601 -1,542,332
Net Income 241,056 -2,172,525 -957,921 -1,001,474 -749,388 -1,191,800 -832,404 -864,410 -809,238 -912,145 -800,963 -857,059 -754,044 -1,536,031
Cash From Operations -1,087,746 -2,493,586 -733,125 -1,106,287 -716,860 -1,297,485 -768,231 -674,299 -738,450 -1,099,417 -672,895 -873,839 -500,000 -933,858
Capex n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Free Cash Flow n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Cash And Equivalents 1,089,449 1,513,550 840,499 914,183 1,718,964 2,571,340 n/a 5,227,894 2,371,933 3,312,277 1,024,710 764,977 1,688,910 2,213,151
Total Current Assets 11,894,610 12,156,890 12,599,819 13,420,714 14,497,890 15,167,093 16,829,125 6,930,557 4,887,884 5,765,278 3,642,539 4,415,584 5,334,569 5,888,072
Total Liabilities 1,125,562 569,308 680,589 451,871 505,450 500,748 401,507 404,907 392,107 513,773 270,036 201,501 276,977 149,276
Shares Outstanding 10,744,634 7,123,453 10,219,934 7,123,453 7,123,453 7,123,453 7,123,453 2,870,773 1,197,039 1,093,672 1,093,672 1,006,046 1,006,046 1,008,717
Shares Outstanding Diluted n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted 10,377,344 8,649,012 7,123,453 7,123,453 7,123,453 7,001,231 3,550,403 1,418,506 1,119,798 1,005,558 987,938 1,005,979 1,008,717 938,435
Weighted Avg Shares Basic 10,377,344 8,649,012 7,123,453 7,123,453 7,123,453 7,001,231 3,550,403 1,418,506 1,119,798 1,005,558 987,938 1,005,979 1,008,717 938,435
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input Value Source concept Filing period Confidence Provenance
Current Assets 11,894,610USD us-gaap:AssetsCurrent 2026-06-30 1.00 Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Total Liabilities 1,125,562USD us-gaap:Liabilities 2026-06-30 1.00 Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Cash 1,089,449USD us-gaap:CashAndCashEquivalentsAtCarryingValue 2026-06-30 1.00 Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Shares Outstanding 10,744,634 dei:EntityCommonStockSharesOutstanding 2026-06-30 1.00 Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
NCAV 10,769,048USD derived 2026-06-30 n/a company-evidence-v1 | total_current_assets - total_liabilities
NCAV per share 1.00USD derived 2026-06-30 n/a company-evidence-v1 | NCAV / shares_outstanding
Internal NCAV Discount 40.0% derived 2026-06-30 n/a gnni_publication_pack | internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source
Data Vault
Data Vault Root
Local evidence | The Data Vault
CIK
0001895618
Company ID
n/a
Selected Annual Source
Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Selected Quarterly Source
Data Vault | sec/companyfacts/cik=0001895618/companyfacts.json
Statement Extractor
companyfacts-screener-v1
View Extractor
companyfacts-screener-v1
Source Accession Count
16
Imported At
2026-10-04T02:13:32+00:00
Rendered At
2026-10-04T14:25:21+00:00

Run Audit

Mary Run
47527d60587d401c89969c73d0370b43
Mary As Of
2026-09-12
Accession
0001213900-26-058659
CIK
0001895618
Mary Filing Date
2026-05-19
Filing Currency
USD
Internal Discount
40.0%
Source State
Needs Review
Market Context
Not Displayed
Market Policy
internal_only_not_redistributed
Share Trend
Not Evaluated
Dilution
Needs Review

mary_run=47527d60587d401c89969c73d0370b43; mary_as_of=2026-09-12; mary_filing_date=2026-05-19; mary_accession=0001213900-26-058659; mary_cik=0001895618; gnni_supporting_filing_date=2026-05-14; internal_discount=0.400258; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.; source requires review

Back to Register Report a correction Archive