For the quarter ending 2026-03-31, SKYX has $77,946,276 in assets. $54,122,964 in debts. $30,263,740 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 30,263,740 | 8,052,621 | 7,829,739 | 12,846,554 |
| Accounts receivable | 1,933,752 | 1,891,488 | 3,155,426 | 2,330,651 |
| Inventory | 3,298,281 | 4,250,168 | 3,716,758 | 3,104,442 |
| Prepaid expenses and other assets | 1,282,481 | 1,206,639 | 1,736,273 | 2,149,581 |
| Total current assets | 36,778,254 | 15,400,916 | 16,438,196 | 20,431,228 |
| Total | 2,363,949 | 2,325,125 | 1,306,929 | - |
| Less accumulated depreciation | 1,112,705 | 977,485 | 952,738 | - |
| Property and equipment, net | 1,251,244 | 1,347,640 | 354,191 | 1,992,228 |
| Restricted cash | 2,050,000 | 2,050,000 | 2,050,000 | 2,861,054 |
| Right of use assets | 16,905,311 | 17,502,685 | 18,088,768 | 18,625,498 |
| Intangibles, definite life | 4,599,427 | 5,051,949 | 5,121,008 | 4,167,224 |
| Goodwill | 16,157,000 | 16,157,000 | 16,157,000 | 16,157,000 |
| Other assets | 205,040 | 205,044 | 205,021 | 204,807 |
| Total long-term assets | 41,168,022 | 42,314,318 | 41,975,988 | 44,007,811 |
| Total assets | 77,946,276 | 57,715,234 | 58,414,184 | 64,439,039 |
| Accounts payable and accrued expenses | 14,595,473 | 16,014,585 | 14,844,370 | - |
| Notes payable | 221,611 | 356,474 | 488,605 | 3,712,275 |
| Operating lease liabilities | 2,560,152 | 2,589,994 | 2,547,608 | 2,480,929 |
| Royalty obligations | 1,175,000 | 1,300,000 | 750,000 | 800,000 |
| Deferred revenues | 1,561,154 | 2,082,622 | 2,772,112 | 2,402,126 |
| Accounts payable and accrued expenses-Related Party | - | - | - | 187,597 |
| Convertible notes-Related Party | 350,000 | 350,000 | 950,000 | 950,000 |
| Accounts payable and accrued expenses-Nonrelated Party | - | - | - | 15,212,592 |
| Convertible notes-Nonrelated Party | 1,119,601 | 1,884,347 | 2,810,261 | 3,292,408 |
| Total current liabilities | 21,582,991 | 24,578,022 | 25,162,956 | 29,037,927 |
| Long term accounts payable | 687,680 | 552,354 | 885,188 | 1,243,060 |
| Royalty obligations | - | - | 650,000 | 700,000 |
| Notes payable | 145,022 | 145,022 | 145,022 | 233,232 |
| Operating lease liabilities | 17,192,003 | 17,791,453 | 18,451,841 | 19,105,110 |
| Convertible notes | 14,515,268 | 14,236,769 | 11,958,270 | 8,429,771 |
| Total long-term liabilities | 32,539,973 | 32,725,598 | 32,090,321 | 29,711,173 |
| Total liabilities | 54,122,964 | 57,303,620 | 57,253,277 | 58,749,100 |
| Series a preferred stock-shares authorized 400,000, outstanding 200,000 and 200,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Preferred stock-Series AOne Preferred Stock | 6,149,167 | 7,124,167 | - | - |
| Series a-1 preferred stock-shares authorized 480,000, outstanding 374,000 and 240,000 | - | - | 9,174,167 | 9,174,167 |
| Preferred stock-Series ATwo Preferred Stock | 1,500,000 | 1,500,000 | - | - |
| Common stock and additional paid-in-capital shares authorized 500,000,000 outstanding 133,487,783 and 117,666,800 | 236,957,871 | 203,046,051 | 195,040,922 | 191,667,028 |
| Accumulated deficit | -225,783,726 | -216,258,604 | -208,054,182 | -200,151,256 |
| Total stockholders equity (deficit) | 18,823,312 | -4,588,386 | -3,839,093 | 689,939 |
| Total liabilities and stockholders equity (deficit) | 77,946,276 | 57,715,234 | 58,414,184 | 64,439,039 |
SKYX Platforms Corp. (SKYX)
SKYX Platforms Corp. (SKYX)