For the quarter ending 2025-09-30, SKYQ has $20,851,903 in assets. $15,390,982 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2024-12-31 | |
|---|---|---|---|---|
| Cash | 362,517 | 173,795 | 385,116 | |
| Accounts receivables | 204,465 | 622,521 | 1,123,897 | |
| Prepaid expenses and other assets | 732,730 | 403,665 | 339,124 | |
| Inventory | 1,352,741 | 1,999,351 | 3,149,236 | |
| Total current assets | 2,652,453 | 3,199,332 | 4,997,373 | |
| Property, plant, and equipment | 5,364,916 | 5,635,527 | 6,160,318 | |
| Oil and gas properties | 8,751,917 | 8,887,940 | 8,534,967 | |
| Restricted cash | 818,001 | 801,816 | 2,929,797 | |
| Right-of-use asset | 55,613 | 1,066,943 | 1,115,785 | |
| Goodwill | 3,209,003 | 3,209,003 | 3,209,003 | |
| Total assets | 20,851,903 | 22,800,561 | 26,947,243 | |
| Accounts payable and accrued expenses | 4,433,949 | 4,245,605 | 4,046,319 | |
| Current portion of operating lease liability | 57,316 | 77,824 | 38,422 | |
| Current portion of finance lease liability | 0 | 16,964 | 16,120 | |
| Warrant liability | 338,381 | 358,441 | 459,067 | |
| Lines of credit | 1,246,359 | 1,133,633 | 1,260,727 | |
| Current maturities of notes payable | 6,479,157 | 5,890,981 | 6,578,017 | |
| Total current liabilities | 12,555,162 | 11,723,448 | 12,398,672 | |
| Notes payable, less current maturities, net of debt issuance costs | 2,835,820 | 2,244,970 | 2,000,560 | |
| Operating lease liability, net of current portion | 0 | 0 | 77,824 | |
| Finance lease liability, net of current portion | 0 | 966,661 | 971,690 | |
| Total liabilities | 15,390,982 | 14,935,079 | 15,448,746 | |
| Common stock 0.0001 par value 100,000,000 shares authorized 22,110,161 and 19,027,208 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 2,348 | 2,211 | 1,903 | |
| Additional paid in capital | 38,971,784 | 37,585,087 | 35,674,391 | |
| Accumulated other comprehensive loss | -212,094 | -211,383 | -209,708 | |
| Accumulated deficit | -33,301,117 | -29,510,433 | -23,968,089 | |
| Total shareholders' equity | 5,460,921 | 7,865,482 | 11,498,497 | |
| Total liabilities and shareholders' equity | 20,851,903 | 22,800,561 | 26,947,243 | |
Sky Quarry Inc. (SKYQ)
Sky Quarry Inc. (SKYQ)