vs

Side-by-side financial comparison of Bolt Biotherapeutics, Inc. (BOLT) and X3 Holdings Co., Ltd. (XTKG). Click either name above to swap in a different company.

X3 Holdings Co., Ltd. is the larger business by last-quarter revenue ($5.0M vs $2.5M, roughly 2.0× Bolt Biotherapeutics, Inc.).

Bolt Biotherapeutics, Inc. is a clinical-stage biotechnology company specializing in immune-stimulating antibody conjugate (ISAC) therapies for cancer treatment. Its core pipeline targets hard-to-treat solid tumors, serving global oncology markets and advancing novel immunotherapies that trigger targeted anti-tumor immune responses to improve patient outcomes.

BOLT vs XTKG — Head-to-Head

Bigger by revenue
XTKG
XTKG
2.0× larger
XTKG
$5.0M
$2.5M
BOLT

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BOLT
BOLT
XTKG
XTKG
Revenue
$2.5M
$5.0M
Net Profit
$-6.6M
Gross Margin
Operating Margin
-283.4%
Net Margin
-265.2%
Revenue YoY
Net Profit YoY
58.4%
EPS (diluted)
$-9.38

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
BOLT
BOLT
XTKG
XTKG
Q4 25
$2.5M
Q3 25
$2.2M
Q2 25
$1.8M
$5.0M
Q1 25
$1.2M
Q4 24
$0
Q3 24
$1.1M
Q2 24
$1.3M
$6.6M
Q1 24
$5.3M
Net Profit
BOLT
BOLT
XTKG
XTKG
Q4 25
$-6.6M
Q3 25
$-7.1M
Q2 25
$-8.6M
Q1 25
$-11.0M
Q4 24
$-15.9M
Q3 24
$-15.2M
Q2 24
$-21.2M
$-57.6M
Q1 24
$-10.8M
Gross Margin
BOLT
BOLT
XTKG
XTKG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
28.0%
Q1 24
Operating Margin
BOLT
BOLT
XTKG
XTKG
Q4 25
-283.4%
Q3 25
-355.1%
Q2 25
-510.5%
Q1 25
-991.4%
Q4 24
Q3 24
-1441.1%
Q2 24
-1772.3%
-219.1%
Q1 24
-324.1%
Net Margin
BOLT
BOLT
XTKG
XTKG
Q4 25
-265.2%
Q3 25
-329.4%
Q2 25
-474.6%
Q1 25
-903.4%
Q4 24
Q3 24
-1330.1%
Q2 24
-1662.4%
-874.1%
Q1 24
-205.0%
EPS (diluted)
BOLT
BOLT
XTKG
XTKG
Q4 25
$-9.38
Q3 25
$-3.72
Q2 25
$-4.46
Q1 25
$-0.29
Q4 24
$-13.73
Q3 24
$-7.93
Q2 24
$-11.12
Q1 24
$-0.28

Balance Sheet & Financial Strength

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

Metric
BOLT
BOLT
XTKG
XTKG
Cash + ST InvestmentsLiquidity on hand
$27.5M
$2.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$26.5M
$42.6M
Total Assets
$56.7M
$71.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOLT
BOLT
XTKG
XTKG
Q4 25
$27.5M
Q3 25
$31.9M
Q2 25
$34.8M
$2.6M
Q1 25
$38.8M
Q4 24
$47.3M
Q3 24
$53.8M
Q2 24
$73.7M
$1.5M
Q1 24
$91.3M
Stockholders' Equity
BOLT
BOLT
XTKG
XTKG
Q4 25
$26.5M
Q3 25
$32.1M
Q2 25
$38.8M
$42.6M
Q1 25
$46.8M
Q4 24
$57.2M
Q3 24
$72.0M
Q2 24
$85.9M
$125.5M
Q1 24
$104.2M
Total Assets
BOLT
BOLT
XTKG
XTKG
Q4 25
$56.7M
Q3 25
$65.1M
Q2 25
$75.5M
$71.7M
Q1 25
$85.9M
Q4 24
$99.6M
Q3 24
$109.3M
Q2 24
$124.2M
$171.3M
Q1 24
$142.9M

Cash Flow & Capital Efficiency

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

Metric
BOLT
BOLT
XTKG
XTKG
Operating Cash FlowLast quarter
$-7.2M
$-1.1M
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-34.1%
Capex IntensityCapex / Revenue
12.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOLT
BOLT
XTKG
XTKG
Q4 25
$-7.2M
Q3 25
$-9.7M
Q2 25
$-9.6M
$-1.1M
Q1 25
$-13.4M
Q4 24
$-14.4M
Q3 24
$-14.0M
Q2 24
$-16.1M
$-7.0M
Q1 24
$-16.8M
Free Cash Flow
BOLT
BOLT
XTKG
XTKG
Q4 25
Q3 25
Q2 25
$-1.7M
Q1 25
Q4 24
Q3 24
$-14.0M
Q2 24
$-7.0M
Q1 24
FCF Margin
BOLT
BOLT
XTKG
XTKG
Q4 25
Q3 25
Q2 25
-34.1%
Q1 25
Q4 24
Q3 24
-1227.6%
Q2 24
-106.9%
Q1 24
Capex Intensity
BOLT
BOLT
XTKG
XTKG
Q4 25
Q3 25
Q2 25
12.1%
Q1 25
Q4 24
Q3 24
3.6%
Q2 24
0.0%
0.3%
Q1 24
0.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

BOLT
BOLT

Segment breakdown not available.

XTKG
XTKG

Consulting and technical support services$2.4M48%
Other$1.5M30%
Application development services$884.5K18%
Subscription services$215.4K4%

Related Comparisons