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Gaxos.ai sells gaming assets, reports Q1 revenue of $1.81M

Tue, 28 Jul 2026 08:15:09 -0400

Gaxos.ai Inc. (NASDAQ: GXAI) has completed the sale of its gaming assets to Game Foundry AI and outlined a revised operating strategy centered on its AI application and health and wellness businesses, according to a press release.

In exchange for the gaming portfolio, which included mobile games and Gaxos Gaming Labs, Gaxos received 2.2 million shares of Game Foundry AI common stock, with estimated aggregate consideration of approximately $1.76 million at the time of the transaction.

The company reported approximately $1.81 million in revenue for the first quarter of 2026, compared with approximately $24,000 in the first quarter of 2025. Of that

Gaxos Sharpens Focus to Accelerate Growth Across Revenue-Generating AI and Health and Wellness Platforms

Tue, 28 Jul 2026 08:12:00 -0400

Gaming divestiture strengthens operating strategy around commercial traction and customer acquisition efficiency.

Q1 revenue increases to $1.81 million.

Roseland, NJ, July 28, 2026 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company")(NASDAQ: GXAI), a company developing artificial intelligence applications across various high-growth sectors, today outlined its post-divestiture operating strategy following the completed sale of its gaming assets.

The Company intends to concentrate its operating resources on businesses that have demonstrated commercial traction, principally its portfolio of consumer and enterprise AI applications from Gaxos Labs and RNK Health’s personalized health

Gaxos Sharpens Focus to Accelerate Growth Across Revenue-Generating AI and Health and Wellness Platforms

Tue, 28 Jul 2026 08:12:00 -0400

Gaming divestiture strengthens operating strategy around commercial traction and customer acquisition efficiency.

Q1 revenue increases to $1.81 million.

Gaxos Sharpens Focus to Accelerate Growth Across Revenue-Generating AI and Health and Wellness Platforms

Tue, 28 Jul 2026 08:12:00 -0400

Gaming divestiture strengthens operating strategy around commercial traction and customer acquisition efficiency.

Q1 revenue increases to $1.81 million.

Gaxos Sharpens Focus to Accelerate Growth Across Revenue-Generating AI and Health and Wellness Platforms

Tue, 28 Jul 2026 08:12:00 -0400

Gaming divestiture strengthens operating strategy around commercial traction and customer acquisition efficiency.

Q1 revenue increases to $1.81 million.

Form ARS GAXOS.AI INC. For: Dec 31

Thu, 02 Jul 2026 16:16:00 -0400

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Form ARS GAXOS.AI INC. For: Dec 31

Thu, 02 Jul 2026 16:16:00 -0400

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Form DEFA14A GAXOS.AI INC.

Thu, 02 Jul 2026 16:02:00 -0400

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Form DEFA14A GAXOS.AI INC.

Thu, 02 Jul 2026 16:02:00 -0400

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Form DEF 14A GAXOS.AI INC. For: Aug 11

Thu, 02 Jul 2026 16:01:00 -0400

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Form DEF 14A GAXOS.AI INC. For: Aug 11

Thu, 02 Jul 2026 16:01:00 -0400

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Form 8-K GAXOS.AI INC. For: Jun 18

Thu, 25 Jun 2026 16:15:00 -0400

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Form 8-K GAXOS.AI INC. For: Jun 18

Thu, 25 Jun 2026 16:15:00 -0400

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Form PRE 14A GAXOS.AI INC. For: Aug 11

Mon, 22 Jun 2026 16:16:00 -0400

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Form PRE 14A GAXOS.AI INC. For: Aug 11

Mon, 22 Jun 2026 16:16:00 -0400

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Form 10-Q/A GAXOS.AI INC. For: Mar 31

Tue, 19 May 2026 06:04:00 -0400

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Form 10-Q/A GAXOS.AI INC. For: Mar 31

Tue, 19 May 2026 06:04:00 -0400

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Form 10-Q GAXOS.AI INC. For: Mar 31

Thu, 14 May 2026 16:02:00 -0400

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Form 10-Q GAXOS.AI INC. For: Mar 31

Thu, 14 May 2026 16:02:00 -0400

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Form 4 GAXOS.AI INC. For: Mar 20 Filed by: Grayson Scott

Mon, 23 Mar 2026 20:02:00 -0400

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Form 4 GAXOS.AI INC. For: Mar 20 Filed by: Grayson Scott

Mon, 23 Mar 2026 20:02:00 -0400

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Form 4 GAXOS.AI INC. For: Mar 20 Filed by: Feldman Roman

Mon, 23 Mar 2026 20:01:00 -0400

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Form 4 GAXOS.AI INC. For: Mar 20 Filed by: Feldman Roman

Mon, 23 Mar 2026 20:01:00 -0400

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Form 4 GAXOS.AI INC. For: Mar 20 Filed by: Holzer Adam

Mon, 23 Mar 2026 20:00:00 -0400

si-local-file:///var/storage/secattach/20260323/26205109.html

Form 4 GAXOS.AI INC. For: Mar 20 Filed by: Holzer Adam

Mon, 23 Mar 2026 20:00:00 -0400

si-local-file:///var/storage/secattach/20260323/26205109.html