SKYX: the balance sheet

MyFinsight

For the year ending 2025-12-31, SKYX has $57,715,234 in assets. $57,303,620 in debts. $8,052,621 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	8,052,621
Accounts receivable	1,891,488
Inventory	4,250,168
Prepaid expenses and other assets	1,206,639
Total current assets	15,400,916
Total	2,325,125
Less accumulated depreciation	977,485
Property and equipment, net	1,347,640
Restricted cash	2,050,000
Right of use assets	17,502,685
Intangibles, definite life	5,051,949
Goodwill	16,157,000
Other assets	205,044
Total long term assets	42,314,318
Total assets	57,715,234

Accounts payable and accrued expenses	16,014,585
Notes payable	356,474
Operating lease liabilities	2,589,994
Royalty obligations	1,300,000
Deferred revenues	2,082,622
Convertible notes-Related Party	350,000
Convertible notes-Nonrelated Party	1,884,347
Total current liabilities	24,578,022
Long term accounts payable	552,354
Notes payable	145,022
Operating lease liabilities	17,791,453
Convertible notes	14,236,769
Total long-term liabilities	32,725,598
Total liabilities	57,303,620
Series a preferred stock-shares authorized 400,000, outstanding 200,000 and 200,000	5,000,000
Preferred stock-Series AOne Preferred Stock	7,124,167
Preferred stock-Series ATwo Preferred Stock	1,500,000
Common stock and additional paid-in-capital shares authorized 500,000,000 outstanding 117,666,800 and 103,358,975	203,046,051
Accumulated deficit	-216,258,604
Total stockholders equity (deficit)	-4,588,386
Total liabilities and stockholders equity (deficit)	57,715,234

Unit: Dollar.