SIPP International Industries, Inc. (XAKJ)
Xiao AI Technology Limited operates as a prefabricated food supply chain company. It provides central kitchen prefabricated dish supply chain and Intelligent robot restaurant services. The company was formerly known as SIPP International Industries, Inc. and changed its name to Xiao AI Technology Limited in February 2026.
Sector: Radio & Tv Broadcasting & Communications Equipment
Industry: Restaurants
Xiao AI Technology Limited
OTC:XAKJConsumer Cyclical · Restaurants
-10.42%$0.0043
Mkt Cap$17.52M
Float-
O/S4.07B
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$173K
Net Income-$4K
Total Assets$45K
Free Cash Flow$7K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$34K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in XAKJ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$45K
Liabilities$12K
Accounts Receivable$4K
Accounts Payable$12K
Inventory$10K
PP&E (Net)$9K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2004-12-31 | 2003-12-31 |
| Revenue | $173K | $724K | $692K | $0 | $0 | $0 | $0 | $0 | $59.02M |
| YoY Growth | -76.0% | 4.5% | - | - | - | - | - | - | - |
| Cost of Revenue | $11K | $16K | $5K | $0 | $0 | $0 | $0 | $0 | $46.93M |
| Gross Profit | $162K | $708K | $687K | $0 | $0 | $0 | $0 | $0 | $12.08M |
| Gross Margin | 93.4% | 97.8% | 99.3% | - | - | - | - | - | 20.5% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.03M |
| Selling, General, and Administrative | $166K | $1.09M | $1.01M | $92K | $10.04M | $26K | $0 | $0 | $4.69M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$70.91M | $0 |
| Total Operating Expenses | $166K | $1.09M | $1.01M | $92K | $10.04M | $26K | $0 | -$70.91M | $6.27M |
| Operating Income (EBIT) | -$4K | -$381K | -$327K | -$92K | -$10.04M | -$26K | $0 | -$70.91M | $5.81M |
| Operating Margin | -2.1% | -52.7% | -47.2% | - | - | - | - | - | 9.8% |
| Interest Expense | $0 | $0 | $251 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $2 | $3K | -$118 | $2 | $4 | $0 | -$70.91M | $822K |
| Income Before Tax (EBT) | -$4K | -$381K | -$327K | -$92K | -$10.04M | -$26K | $0 | -$70.91M | $5.5M |
| Income Tax Expense | $0 | $3 | $3 | -$118 | -$206K | -$172K | $0 | $0 | $1.01M |
| Net Income | -$4K | -$381K | -$327K | -$92K | -$10.04M | -$26K | $0 | -$70.91M | $1.18M |
| Net Income Margin | -2.1% | -52.7% | -47.2% | - | - | - | - | - | 2.0% |
| Supplementary Data | |||||||||
| EPS | 0.00 | -0.00 | -0.00 | -0.00 | -0.02 | -0.00 | 0.00 | -2582.10 | 64.68 |
| Diluted EPS | 0.00 | -0.00 | -0.00 | -0.00 | -0.02 | -0.00 | 0.00 | -2582.10 | 64.68 |
| Weighted Average OS | 1.34B | 1.34B | 740.51M | 524.11M | 492.40M | 492.40M | 492.40M | 27,461 | 18,245 |
| EBITDA | $8K | -$365K | -$322K | $0 | -$10.04M | -$26K | $0 | -$70.91M | $6.87M |
| EBITDA Margin | 4.5% | -50.4% | -46.5% | - | - | - | - | - | 11.6% |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2012 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2020-03-31 | 2013-03-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $7K | $115 | $2K | $2K | $0 | $0 | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32.56M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $7K | $115 | $2K | $2K | $0 | $0 | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32.56M |
| Accounts Receivable | $4K | $107K | $9K | $0 | $0 | $0 | $77K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20.83M |
| Inventory | $10K | $521K | $52K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.06M |
| Other Current Assets | $0 | $3K | $59K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.21M |
| Total Current Assets | $36K | $631K | $113K | $2K | $0 | $0 | $89K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $59.93M |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $9K | $15K | $20K | $0 | $0 | $0 | $269K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.12M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.76M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $10.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $9K | $15K | $20K | $0 | $0 | $0 | $10.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.88M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $45K | $647K | $133K | $2K | $0 | $0 | $10.71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $70.81M |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $12K | $1.32M | $429K | $0 | $0 | $0 | $18K | $7.14M | $7.14M | $7.14M | $7.14M | $7.14M | $7.14M | $7.14M | $7.13M |
| Short-Term Debt | $0 | $0 | $9K | $0 | $11K | $26K | $0 | $11.79M | $11.79M | $11.79M | $11.79M | $11.79M | $11.79M | $11.79M | $11.78M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $967K | $967K | $967K | $967K | $967K | $967K | $967K | $0 |
| Current Unearned Revenue | $0 | $0 | $50K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.88M |
| Other Current Liabilities | $0 | -$1.32M | -$479K | $18K | $0 | $0 | $0 | $19.11M | $19.11M | $19.11M | $19.11M | $19.11M | $19.11M | $19.11M | $14.21M |
| Total Current Liabilities | $12K | $1.32M | $438K | $44K | $11K | $26K | $18K | $38.05M | $38.05M | $38.05M | $38.05M | $38.05M | $38.05M | $38.05M | $38M |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $758K | $2.42M | $2.42M | $2.42M | $2.42M | $2.42M | $2.42M | $2.42M | $2.42M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $77K | $10.88M | $10.88M | $10.88M | $10.88M | $10.88M | $10.88M | $10.88M | $1K |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $835K | $13.3M | $13.3M | $13.3M | $13.3M | $13.3M | $13.3M | $13.3M | $2.42M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $12K | $1.32M | $438K | $44K | $11K | $26K | $853K | $51.34M | $51.34M | $51.34M | $51.34M | $51.34M | $51.34M | $51.34M | $40.41M |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $10K | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.34M | $1.34M | $1.34M | $741K | $492K | $492K | $0 | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M |
| Retained Earnings | -$20.71M | -$20.71M | -$20.32M | -$20M | -$19.92M | -$9.88M | $0 | -$62.17M | -$62.17M | -$62.17M | -$62.17M | -$62.17M | -$62.17M | -$62.17M | $8.72M |
| Comprehensive Income & Other | $15K | $8K | $6K | -$301 | -$492K | $0 | $9.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9.01M |
| Other Stockholders' Equity | $19.4M | $18.7M | $18.68M | $19.22M | $19.41M | $9.36M | $9.86M | $9.73M | $9.73M | $9.73M | $9.73M | $9.73M | $9.73M | $9.73M | $9.72M |
| Total Equity | $34K | -$670K | -$305K | -$42K | -$11K | -$26K | $9.86M | -$51.34M | -$51.34M | -$51.34M | -$51.34M | -$51.34M | -$51.34M | -$51.34M | $19.54M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.88M | $0 | $0 | $0 | $0 | $0 | $0 | $10.86M |
| Total Liabilities and Equity | $45K | $647K | $133K | $2K | $0 | $0 | $10.71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $59.95M |
| Supplementary Data | |||||||||||||||
| Total Debt | $0 | $0 | $9K | $0 | $11K | $26K | $758K | $14.21M | $14.21M | $14.21M | $14.21M | $14.21M | $14.21M | $14.21M | $14.2M |
| Net Debt | -$7K | -$115 | $7K | -$2K | $11K | $26K | $770K | $14.21M | $14.21M | $14.21M | $14.21M | $14.21M | $14.21M | $14.21M | -$18.37M |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2021-03-31 | 2020-03-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | ||||||||
| Net Income | -$4K | -$381K | -$327K | -$92K | -$10.04M | -$26K | -$70.91M | $1.18M |
| Depreciation & Amortization | $11K | $16K | $5K | $92K | $0 | $0 | $0 | $1.88M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$103K | -$49K | -$23K | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$511K | -$453K | -$52K | $0 | $0 | $0 | $0 | $1.38M |
| Accounts Payable | $609K | $870K | $377K | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $12K | $0 | -$14K | $94K | $0 | $0 | $0 | -$1.58M |
| Total Working Capital Change | $7K | $368K | $266K | $94K | $0 | $0 | $0 | -$193K |
| Other Non-Cash Items | -$8K | -$345K | -$218K | -$92K | $10M | $0 | $38.84M | $7.62M |
| Net Cash from Operating | $7K | -$7K | $18K | $2K | -$36K | -$26K | -$32.07M | $10.49M |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $0 | -$25K | $0 | $0 | $0 | $0 | -$829K |
| Acquisitions | $0 | $5K | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.54M |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.86M |
| Net Cash from Investing | $0 | $5K | -$25K | $0 | $0 | $0 | $0 | $9.57M |
| Financing Activities | ||||||||
| Debt Repaid | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $100K | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $72K | $51K | $0 | -$2.84M |
| Net Cash from Financing | $0 | $0 | $100K | $0 | $36K | $26K | $0 | -$2.84M |
| Forex Effect | $0 | $0 | $7K | -$301 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $7K | -$2K | $139 | $2K | $0 | $0 | -$32.07M | $17.22M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $7K | -$7K | $18K | $2K | -$36K | -$26K | -$32.07M | $10.49M |
| Capital Expenditure | -$4 | $0 | -$25K | $0 | $0 | $0 | $0 | -$829K |
| Free Cash Flow | $7K | -$7K | -$7K | $2K | -$36K | -$26K | -$32.07M | $9.66M |
| Cash at Beginning | $115 | $2K | $2K | $0 | $0 | $0 | $32.07M | $15.34M |
| Cash at End | $7K | $115 | $2K | $2K | $0 | $0 | $0 | $32.56M |