$AIXN

AiXin Life International, Inc.

CIK:0000835662|SEC Filings

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Sales revenue
Total revenue, net	$ 1,489,427	$ 3,824,301
Operating costs and expenses
Cost of sales	867,821	1,767,364
Hotel operating costs	1,082,538	1,447,599
Selling expenses	507,743	791,104
General and administrative	1,551,875	2,105,298
Stock-based compensation		301,127
Total operating costs and expenses	4,009,977	6,412,492
Loss from operations	(2,520,550)	(2,588,191)
Non-operating income (expenses)
Interest expense	(18,589)	(76,613)
Gain from sale of leasehold improvement	467,695
Other income (expense)	29,372	(103,009)
Total non-operating income (expenses), net	478,478	(179,622)
Loss before income tax	(2,042,072)	(2,767,813)
Income tax expense	391	528
Net loss	(2,042,463)	(2,768,341)
Other comprehensive items
Foreign currency translation gain (loss)	(243,885)	96,392
Comprehensive loss	$ (2,286,348)	$ (2,671,949)
Loss per share of common stock - basic	$ (0.082)	$ (0.111)
Loss per share of common stock - diluted	$ (0.082)	$ (0.111)
Weighted average shares outstanding - basic	24,999,834	24,999,834
Weighted average shares outstanding - diluted	24,999,834	24,999,834
Direct Sales [Member]
Sales revenue
Total revenue, net	$ 171,949	$ 504,097
Pharmacy [Member]
Sales revenue
Total revenue, net	107,198	822,958
Hotel [Member]
Sales revenue
Total revenue, net	408,581	585,634
Manufacture and Sale [Member]
Sales revenue
Total revenue, net	$ 801,699	$ 1,911,612

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2025	Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (2,042,463)	$ (2,768,341)
Adjustments required to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	156,830	321,282
Bad debts provision (reversal)	18,724	(22,415)
Loss on disposal of fixed assets	86,523	63,105
(Reversal of) provision for inventory reserve	(14,223)	12,229
Gain from sale of leasehold improvement	(467,695)
Interest income		(24,867)
Operating lease expense	298,778	542,675
Stock based compensation		301,127
Changes in assets and liabilities:
Accounts receivable	76,491	226,110
Accounts receivable - related parties	212,843	(431,703)
Other receivables and prepaid expenses	24,214	38,729
Advances to suppliers	34,371	112,748
Advances to suppliers - related parties	(11,057)
Inventory	110,187	(88,249)
Security deposit	2,883	79,274
Accounts payable	(274,126)	317,729
Accounts payable - related parties	(25,479)	85,507
Unearned revenue	53,925	(40,971)
Unearned revenue - related party	37,796
Taxes payable	(68,331)	22,730
Accrued liabilities and other payables	(19,948)	28,304
Operating lease liability	(216,631)	(395,878)
Operating lease liability - related parties	(7,943)	(7,959)
Net cash used in operating activities	(2,034,331)	(1,628,834)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(13,045)	(241,661)
Repayment received from loans to third party		24,867
Cash received on disposal of fixed assets		24,338
Purchase of intangible asset		(2,779)
Net cash used in investing activities	(13,045)	(195,235)
CASH FLOWS FROM FINANCING ACTIVITIES:
Advance from related parties	3,748,205	2,347,095
Repayment to related parties	(1,092,205)	(753,991)
Repayment of government grant	(745,134)	(166,662)
Proceeds from loan	83,478
Net cash provided by financing activities	1,994,344	1,426,442
EFFECT OF EXCHANGE RATE CHANGE ON CASH	11,473	(7,029)
NET DECREASE IN CASH	(41,559)	(404,656)
CASH, BEGINNING OF PERIOD	62,310	466,966
CASH, END OF PERIOD	20,751	62,310
Supplemental Cash flow data:
Income tax paid
Interest paid	253
Supplemental disclosure of noncash activities:
Right-of-use assets obtained in exchange for operating lease liabilities	255,088	1,415,679
Termination of Right-of-use asset and operating lease liability		1,066,276
Sale of Leasehold Improvement	148,406
Specification settlement of Property and equipment	$ 479,655

Consolidated Balance Sheets - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and equivalents	$ 20,751	$ 62,310
Other receivables and prepaid expenses	98,065	127,912
Inventory, net	427,426	503,990
Due from related parties	73,479	53,784
Total current assets	1,016,123	1,453,708
Property and equipment, net	660,230	1,493,325
Intangible assets, net	2,786	4,514
Long term prepaid expenses	1,266	4,051
Operating lease right-of-use assets	1,520,569	1,450,762
Total assets	3,200,974	4,406,360
Current liabilities
Taxes payable	38,265	103,945
Accrued liabilities and other payables	1,545,034	2,579,182
Government grant		733,721
Short term loan	85,799
Operating lease liabilities	185,431	108,281
Due to related parties	5,815,958	2,957,472
Total current liabilities	8,492,541	7,474,870
Operating lease liabilities - non-current	1,277,184	1,213,893
Total liabilities	9,769,725	8,688,763
Stockholders’ deficit
Undesignated preferred stock, $0.001 par value, 20,000,000 shares authorized, none issued and outstanding
Common stock, par value $0.00001 per share, 500,000,000 shares authorized; 24,999,834 shares issued and outstanding as of December 31, 2025 and 2024	250	250
Additional paid in capital	15,276,550	15,276,550
Statutory reserve	151,988	151,988
Accumulated deficit	(22,031,196)	(19,988,733)
Accumulated other comprehensive income	33,657	277,542
Total stockholders’ deficit	(6,568,751)	(4,282,403)
Total liabilities and stockholders’ deficit	3,200,974	4,406,360
Nonrelated Party [Member]
Current assets
Accounts receivable	62,606	153,378
Advances to suppliers	3,551	37,247
Operating lease right-of-use assets	1,501,802	1,425,923
Current liabilities
Accounts payable	534,176	781,695
Unearned revenue	188,659	127,646
Operating lease liabilities	177,924	101,422
Operating lease liabilities - non-current	1,267,286	1,197,222
Related Party [Member]
Current assets
Accounts receivable	318,881	515,087
Advances to suppliers	11,364
Due from related parties	73,479	53,784
Operating lease right-of-use assets	18,767	24,839
Current liabilities
Accounts payable	60,372	82,928
Unearned revenue	38,847
Operating lease liabilities	7,507	6,859
Due to related parties	5,815,958	2,957,472
Operating lease liabilities - non-current	$ 9,898	$ 16,671