For the quarter ending 2025-09-30, SKYX made $54,546,692 in revenue. -$7,902,926 in net income. Net profit margin of -14.49%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Cost of revenues | - | - | - | 30,841,467 |
| Total operating expenses, net | - | - | - | 45,565,077 |
| Revenue | 23,891,537 | 23,061,655 | 20,113,938 | 36,429,324.5 |
| Cost of revenues | 16,323,277 | 16,064,486 | 14,402,488 | - |
| Selling and marketing expenses | 6,099,700 | 6,185,017 | 6,827,420 | 6,402,861 |
| General and administrative expenses | 8,232,178 | 8,333,265 | 6,597,055 | 8,320,749 |
| Total expenses, net | 30,655,155 | 30,582,768 | 27,826,963 | - |
| Loss from operations | -6,763,618 | -7,521,113 | -7,713,025 | -9,135,752.5 |
| Interest expense - related party | 18,146 | 17,946 | - | - |
| Interest expense, net | 834,162 | 1,287,870 | - | 906,192 |
| Gain on extinguishment of debt | - | - | - | 200,000 |
| Total other expense, net | -852,308 | -1,305,816 | -1,339,103 | -706,192 |
| Net loss | -7,615,926 | -8,826,929 | -9,052,128 | -9,841,944.5 |
| Preferred dividends - related party | 10,000 | 10,000 | - | - |
| Preferred dividends | 277,000 | 259,226 | 209,148 | 953,075.25 |
| Net loss attributed to common stockholders | -7,902,926 | -9,096,155 | -9,271,276 | -8,995,202.75 |
| Net comprehensive loss attributed to common stockholders | - | - | - | -9,948,278 |
| Net loss per share - basic | - | -0.08 | -0.09 | -0.1 |
| Weighted average number of common shares outstanding - basic | - | 107,117,216 | 103,548,494 | -51,593,006.5 |
| Earnings per share, diluted | -0.07 | -0.08 | -0.09 | -0.1 |
| Weighted average number of shares outstanding, diluted | 112,021,945 | 107,117,216 | 103,548,494 | -51,593,006.5 |
SKYX Platforms Corp. (SKYX)
SKYX Platforms Corp. (SKYX)