The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -33,415,604 |
| Depreciation and amortization | 4,320,338 |
| Amortization of debt discount | 1,113,996 |
| Non-cash equity-based compensation expense | 13,560,580 |
| Equity-based payment of interest | 615,291 |
| Inventory | 464,823 |
| Accounts receivable | -523,826 |
| Prepaid expenses and other assets | -104,256 |
| Deferred charges | -223,214 |
| Deferred revenues | 586,776 |
| Operating lease liabilities | -2,345,919 |
| Royalty obligation | -400,000 |
| Accounts payable and accrued expenses | 2,287,010 |
| Net cash used in operating activities | -13,291,059 |
| Purchase of property and equipment | 1,932,873 |
| Net cash used in investing activities | -1,932,873 |
| Proceeds from issuance of common stock - offerings | 5,584,390 |
| Placement cost | 335,855 |
| Dividends paid | 1,020,616 |
| Proceeds from issuance of preferred stocks | 5,350,000 |
| Proceeds from exercise of options | 420,000 |
| Proceeds from issuance of convertible notes | 5,250,000 |
| Principal repayments of notes payable | 5,421,861 |
| Net cash provided by financing activities | 9,826,058 |
| Change in cash and cash equivalents, and restricted cash | -5,397,874 |
| Cash, cash equivalents and restricted cash at beginning of the year | 15,500,495 |
| Cash, cash equivalents and restricted cash at end ofyear | 10,102,621 |
SKYX Platforms Corp. (SKYX)
SKYX Platforms Corp. (SKYX)