Financial insights of SKYX

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31	2024-12-31
Cost of revenues	-	61,682,934
Total operating expenses, net	-	118,389,115
Revenue	92,009,949	86,276,876
Cost of revenues	64,173,870	-
Selling and marketing expenses	25,701,665	25,353,172
General and administrative expenses	31,246,804	31,353,009
Total expenses, net	121,122,339	-
Loss from operations	-29,112,390	-32,112,239
Interest expense - related party	119,486	-
Interest expense, net	4,183,728	4,055,905
Gain on extinguishment of debt	-	400,000
Total other expenses, net	-4,303,214	-3,655,905
Net loss	-33,415,604	-35,768,144
Preferred dividends - related party	80,000	-
Preferred dividends	979,175	212,667
Net loss attributed to common stockholders	-34,474,779	-35,980,811
Net comprehensive loss attributed to common stockholders	-	-35,980,811

Basic EPS	-0.32	-0.36
Diluted EPS	-0.32	-0.36
Basic Average Shares	108,757,074	99,766,866
Diluted Average Shares	108,757,074	99,766,866