Give us more info?

Like enemy composition and such? What is causing the stalemate?

they are composed of mostly capital ships and light frigates (not many support ships) When i attack either of the two teams, i lose. They lose when they attack me. and im barely able to hold off there attacks any longer. (there reaching me through a wormhole)

Missile Barrage vs the AI is an Insta-win. Mix in the Armistice to help while the MB recharges is nice. Also as GoaFan77 pointed out. LRFs are your friends with Hoshikos. Carriers with bombers also help.

To help with your economic problems, I would advise scaling back as much as possible on research labs except for what you need to build stuff. You only need to keep them for the Ships you want to build, any upgrades or abilities researched will stay even if you no longer have the labs to research them. So unless you want to build a Novalith Network, you only need to keep 5 Mil labs after all research is done and unless you want to build Refineries, you only need 3 civ labs for trade and culture centers. If you haven't already assessed all of this, then I would advise reducing your labs and filling with trade ports to help build more ships. Again, this is only if you have made the decision to undertake what will likely be a long war of attrition.

It also helps to lure their fleets to your Starbase when possible. I have found that there are 2 ways that the AI will attack a Starbase. If I send my fleet to his planet, start an initial attack and then retreat before taking losses, they will usually follow your retreating fleet unless you have them vastly outnumbered. Also, AI doesn't like to attack where your fleet is unless you have just retreated as mentioned above. So station your fleet 1 Jump away from your frontline fortress world and then when you get notice that they are coming, you can jump yours in and use all of your defenses to chew their fleet up. I have used this many times against the AI, works well.

If you're new to the game and don't mind being cheap, beeline for choke point(s) (if you see a great choke point, move your ships directly there without capturing anything in between except if it only takes a few seconds to take care of the important militia) and set up starbases and repair platforms. Unless you're playing against Cruel or Vicious, they should take care of nearly any AI fleet.

Once your starbases are good, build as many logistics structures as possible. Build as many civic/military labs as you'll want, maybe build a couple of frigate factories and culture centers near the front lines, and then fill EVERY POSSIBLE remaining slot with a trade port.

If you do that, you'll be much less likely to run out of credits.

And as Darvin3 said, once you're trying to defeat the enemy AI, you'll need a much larger fleet.