Gaxos.AI (Gaxos.AI) Accounts Payable & Accrued Expense : $0.51 Mil (As of Mar. 2024)

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What is Gaxos.AI Accounts Payable & Accrued Expense?

Gaxos.AI's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.20 Mil) to Dec. 2023 ($0.27 Mil) and increased from Dec. 2023 ($0.27 Mil) to Mar. 2024 ($0.51 Mil).

Gaxos.AI's annual accounts payable & accrued expense increased from Dec. 2021 ($0.01 Mil) to Dec. 2022 ($0.26 Mil) and increased from Dec. 2022 ($0.26 Mil) to Dec. 2023 ($0.27 Mil).

Gaxos.AI Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gaxos.AI's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gaxos.AI Accounts Payable & Accrued Expense Chart

Gaxos.AI Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.01

0.26

0.27

Gaxos.AI Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				0.15	0.28	0.20	0.27	0.51

Gaxos.AI Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Gaxos.AI (Gaxos.AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gaxos.AI Inc (NAS:GXAI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Eisenhower Parkway, Suite 300, Roseland, NJ, USA, 07068

Website

https://www.nftgco.com

Gaxos.AI Inc formerly NFT Gaming Co Inc is developing a digital gaming platform that will offer its proprietary games as well as games developed and published by third parties. It is developing a gaming platform, called Gaxos, founded with a vision to develop, design, acquire, and manage conventional games and to combine these games with unconventional game mechanisms, such as the ability to create and mint unique in-game features, such as skins, characters, weapons, gear, levels, and virtual lands.

Executives

Vadim Mats	director, officer: Chief Executive Officer	285 GRAND AVENUE, ENGLEWOOD NJ 07631
Steven A Shorr	officer: Chief Financial Officer	33 MAIDEN LANE, 5TH FLOOR, NEW YORK NY 10038
Scott Grayson	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Adam Holzer	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Alex Kisin	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068