Xiao-I net loss narrows 57% to USD 13.05 million in six months ended June 30, 2026; revenue plunges 91% to USD 1.04 million

Bitget2026/10/01 20:32

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Xiao-I posted net revenues of USD 1.04 million for the six months ended June 30, 2026, down 91%.
Net loss narrowed to USD 13.05 million, and loss per ordinary share improved to USD 0.11.
Loss from operations narrowed to USD 12.08 million, while gross loss was USD 610,926 versus gross profit a year earlier.
Cash and cash equivalents rose to USD 3.45 million as of June 30, 2026.
Shanghai Xiao-i was subject to liquidation proceedings, with management expecting completion during FY2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xiao-I Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-105823), on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Xiao-I net loss narrows 57% to USD 13.05 million in six months ended June 30, 2026; revenue plunges 91% to USD 1.04 million

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