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Side-by-side financial comparison of Xiao-I Corp (AIXI) and Borealis Foods Inc. (BRLS). Click either name above to swap in a different company.

Xiao-I Corp is the larger business by last-quarter revenue ($11.5M vs $7.1M, roughly 1.6× Borealis Foods Inc.). Borealis Foods Inc. runs the higher net margin — -53.2% vs -263.9%, a 210.6% gap on every dollar of revenue.

Xiao-i is a Chinese cognitive artificial intelligence enterprise founded in 2001.

Borealis Foods Inc is a food technology enterprise specializing in developing and producing high-quality plant-based protein products including plant-based meat alternatives. It mainly serves retail and food service customers across North America and Europe, focusing on delivering affordable, nutritious sustainable food options matching the taste of conventional animal-derived meat.

AIXI vs BRLS — Head-to-Head

Bigger by revenue
AIXI
AIXI
1.6× larger
AIXI
$11.5M
$7.1M
BRLS
Higher net margin
BRLS
BRLS
210.6% more per $
BRLS
-53.2%
-263.9%
AIXI

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
AIXI
AIXI
BRLS
BRLS
Revenue
$11.5M
$7.1M
Net Profit
$-30.4M
$-3.8M
Gross Margin
58.1%
14.6%
Operating Margin
-254.9%
-27.1%
Net Margin
-263.9%
-53.2%
Revenue YoY
-12.0%
Net Profit YoY
21.8%
EPS (diluted)
$-0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIXI
AIXI
BRLS
BRLS
Q3 25
$7.1M
Q2 25
$11.5M
$7.2M
Q1 25
$6.8M
Q4 24
$6.8M
Q3 24
$8.1M
Q2 24
$33.0M
$5.5M
Q1 24
$7.9M
Q4 23
$7.5M
Net Profit
AIXI
AIXI
BRLS
BRLS
Q3 25
$-3.8M
Q2 25
$-30.4M
$-4.6M
Q1 25
$-4.2M
Q4 24
$-5.8M
Q3 24
$-4.8M
Q2 24
$-15.5M
$-6.3M
Q1 24
$-8.4M
Q4 23
$-6.7M
Gross Margin
AIXI
AIXI
BRLS
BRLS
Q3 25
14.6%
Q2 25
58.1%
7.2%
Q1 25
13.1%
Q4 24
3.7%
Q3 24
15.8%
Q2 24
64.5%
7.7%
Q1 24
3.1%
Q4 23
7.5%
Operating Margin
AIXI
AIXI
BRLS
BRLS
Q3 25
-27.1%
Q2 25
-254.9%
-46.7%
Q1 25
-42.6%
Q4 24
-68.4%
Q3 24
-44.8%
Q2 24
-45.0%
-94.8%
Q1 24
-88.3%
Q4 23
-60.5%
Net Margin
AIXI
AIXI
BRLS
BRLS
Q3 25
-53.2%
Q2 25
-263.9%
-64.0%
Q1 25
-61.2%
Q4 24
-85.3%
Q3 24
-59.8%
Q2 24
-47.2%
-115.0%
Q1 24
-106.8%
Q4 23
-89.3%
EPS (diluted)
AIXI
AIXI
BRLS
BRLS
Q3 25
$-0.18
Q2 25
$0.21
Q1 25
$-0.20
Q4 24
$-0.82
Q3 24
$-0.23
Q2 24
$-0.64
$0.29
Q1 24
$-0.49
Q4 23
$-0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIXI
AIXI
BRLS
BRLS
Cash + ST InvestmentsLiquidity on hand
$5.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-12.9M
Total Assets
$82.4M
$56.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIXI
AIXI
BRLS
BRLS
Q3 25
Q2 25
$5.0M
Q1 25
Q4 24
Q3 24
Q2 24
$1.8M
Q1 24
Q4 23
Stockholders' Equity
AIXI
AIXI
BRLS
BRLS
Q3 25
$-12.9M
Q2 25
$-9.2M
Q1 25
$-4.8M
Q4 24
$-695.9K
Q3 24
$5.1M
Q2 24
$9.9M
Q1 24
$16.2M
Q4 23
$-21.3M
Total Assets
AIXI
AIXI
BRLS
BRLS
Q3 25
$56.3M
Q2 25
$82.4M
$57.3M
Q1 25
$58.4M
Q4 24
$60.0M
Q3 24
$61.9M
Q2 24
$87.6M
$63.6M
Q1 24
$70.3M
Q4 23
$65.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIXI
AIXI
BRLS
BRLS
Operating Cash FlowLast quarter
$-2.3M
$-190.6K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIXI
AIXI
BRLS
BRLS
Q3 25
$-190.6K
Q2 25
$-2.3M
$-2.2M
Q1 25
$-1.4M
Q4 24
$-819.4K
Q3 24
$-3.3M
Q2 24
$-4.2M
Q1 24
$-6.8M
Q4 23
$-1.9M
Free Cash Flow
AIXI
AIXI
BRLS
BRLS
Q3 25
Q2 25
Q1 25
$-1.4M
Q4 24
$-951.6K
Q3 24
$-3.7M
Q2 24
$-4.7M
Q1 24
$-7.3M
Q4 23
$-2.9M
FCF Margin
AIXI
AIXI
BRLS
BRLS
Q3 25
Q2 25
Q1 25
-20.3%
Q4 24
-14.1%
Q3 24
-46.1%
Q2 24
-86.7%
Q1 24
-92.7%
Q4 23
-38.9%
Capex Intensity
AIXI
AIXI
BRLS
BRLS
Q3 25
Q2 25
Q1 25
0.2%
Q4 24
2.0%
Q3 24
5.6%
Q2 24
9.4%
Q1 24
7.0%
Q4 23
12.7%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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