balance equationreview2017-12-31
Difference 45718127 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
Revenue
$92.01M
Fiscal year ended 2025-12-31Operating income
-$29.11M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31SKYX Platforms Corp. (SKYX) reported revenue of $92.01M and net income of -$33.42M for the fiscal year ended 2025-12-31. This page shows 9 annual periods of income statement, balance sheet and cash flow figures normalized from SKYX Platforms Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Electric Lighting & Wiring Equipment.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $92.01M | $86.28M | $58.79M | $32.02K | $43.11K | $7.70M | $7.01M | $2.89M | $0 |
| Cost of revenue | $64.17M | $61.68M | $40.75M | $18.91K | $88.46K | $6.38M | $6.14M | $2.48M | $0 |
| Gross profit | $27.84M | $24.59M | $18.04M | $13.11K | -$45.35K | $1.32M | $878.58K | $407.76K | $0 |
| Operating income | -$29.11M | -$32.11M | -$37.83M | -$26.63M | -$5.19M | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | -$33.42M | -$35.77M | -$39.73M | -$27.04M | -$5.73M | -$26.72M | -$98.45M | -$26.89M | -$7.29M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 108.76M | shares 99.77M | shares 88.37M | shares 79.49M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Income tax expense | $0 | $0 | $0 | $0 | Unavailable | $0 | $0 | Unavailable | Unavailable |
| Diluted EPS | $-0.32 | $-0.36 | $-0.45 | $-0.40 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | $56.95M | $56.71M | $55.86M | $26.39M | $5.14M | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $31.25M | $31.35M | $37.06M | Unavailable | Unavailable | $5.13M | $4.38M | $5.24M | $4.80M |
| Selling & marketing | $25.70M | $25.35M | $18.81M | $7.99M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $8.05M | $12.64M | $16.81M | $6.72M | $10.43M | $4.88M | $4.13M | $450.87K | $1.24M |
| Total assets | $57.72M | $65.89M | $76.34M | $43.18M | $11.95M | $10.42M | $12.46M | $8.40M | $11.24M |
| Current assets | $15.40M | $20.37M | $27.32M | $16.33M | $11.39M | $8.34M | $7.36M | $985.03K | $1.27M |
| Total liabilities | $57.30M | $56.83M | $60.12M | $35.05M | $12.06M | $35.07M | $40.16M | $41.15M | $20.61M |
| Current liabilities | $24.58M | $26.14M | $24.19M | $7.42M | $2.63M | $31.61M | $28.78M | $29.16M | $7.61M |
| Total equity incl. NCI | -$4.59M | $4.05M | $16.22M | $7.91M | -$3.39M | -$70.37M | -$72.06M | -$32.75M | -$9.36M |
| Temporary (mezzanine) equity | $5.00M | $5.00M | Unavailable | $220.10K | $3.31M | Unavailable | $44.39M | Unavailable | Unavailable |
| Inventory | $4.25M | $3.79M | $3.43M | $1.92M | $918.65K | $2.35M | $2.40M | $263.87K | $0 |
| Accounts receivable | $1.89M | $2.42M | $3.38M | Unavailable | Unavailable | $1.05M | $796.82K | $234.31K | $0 |
| Goodwill | $16.16M | $16.16M | $16.16M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $19.34M | $20.11M | $18.27M | $6.57M | $7.20M | $5.15M | $3.42M | Unavailable | $995.02K |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$13.29M | -$18.26M | -$13.00M | -$13.84M | -$4.63M | -$4.35M | -$6.17M | -$3.77M | -$1.80M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | $312.69K | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$1.93M | -$1.73M | $3.24M | -$8.06M | -$179.20K | -$241.65K | -$43.69K | -$59.48K | -$168.54K |
| Financing cash flow | $9.83M | $13.06M | $22.73M | $20.93M | $12.92M | $5.34M | $9.89M | $3.04M | $2.08M |
| Net change in cash | -$5.40M | -$6.93M | $12.97M | -$964.65K | $8.12M | $751.83K | $3.68M | -$790.62K | $108.51K |
| Stock-based compensation | $13.56M | $13.47M | Unavailable | $13.96M | $1.46M | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | $1.02M | Unavailable | Unavailable | $38.06K | $129.46K | -$149.74K | -$30.97K | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $4.32M | $4.07M | $2.89M | $883.23K | $84.29K | $2.50M | $2.48M | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 30.3% | 28.5% | Unavailable | 40.9% | -105.2% | 17.2% | 12.5% | 14.1% | Unavailable |
| Operating margin | -31.6% | -37.2% | -64.3% | -83146.5% | -12034.8% | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 14.7% | 15.6% | Unavailable | Unavailable | 3393.8% | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 0.63x | 0.78x | 1.13x | 2.20x | 4.32x | 0.26x | 0.26x | 0.03x | 0.17x |
| Revenue YoY growth | 6.6% | 46.8% | 183479.3% | -25.7% | Unavailable | 9.8% | 143.2% | Unavailable | Unavailable |
| Net margin | -36.3% | -41.5% | -67.6% | -84429.3% | -13292.8% | -347.0% | -1403.4% | -932.1% | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | 4.96x | 1.13x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SKYX in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-12View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K/A · Filed 2026-03-27View SEC filing
10-K · Filed 2026-03-26View SEC filing
10-Q · Filed 2025-11-12View SEC filing
10-Q · Filed 2025-08-12View SEC filing
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.