SKYX Platforms Corp. financial data

Symbol
SKYX on Nasdaq
Location
2855 W. Mcnab Road, Pompano Beach, FL
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2025 - May 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 69.7 % -28.7%
Quick Ratio 14.3 % -7.81%
Debt-to-equity 1.42K % +299%
Return On Equity -211 % +29.7%
Return On Assets -53.4 % +0.35%
Operating Margin -35.4 % +30.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 104M shares +7.85%
Common Stock, Shares, Outstanding 105M shares +8.09%
Entity Public Float 70.5M USD -60%
Common Stock, Value, Issued 184M USD +8.79%
Weighted Average Number of Shares Outstanding, Basic 104M shares +8.89%
Weighted Average Number of Shares Outstanding, Diluted 104M shares +8.89%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 87.4M USD +12.4%
Cost of Revenue 14.4M USD +7.48%
Selling and Marketing Expense 25.7M USD +6.75%
General and Administrative Expense 30M USD -16.9%
Costs and Expenses 27.8M USD -0.14%
Operating Income (Loss) -30.9M USD +21.6%
Nonoperating Income (Expense) -4.21M USD -114%
Net Income (Loss) Attributable to Parent -35.1M USD +15.2%
Earnings Per Share, Basic 0 USD/shares +22.2%
Earnings Per Share, Diluted 0 USD/shares +22.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.44M USD -33.3%
Accounts Receivable, after Allowance for Credit Loss, Current 2.81M USD -28.5%
Inventory, Net 3.68M USD -2.58%
Assets, Current 18.3M USD -28.4%
Property, Plant and Equipment, Net 1.69M USD +268%
Operating Lease, Right-of-Use Asset 19.2M USD -9.96%
Goodwill 16.2M USD 0%
Other Assets, Noncurrent 205K USD 0%
Assets 63.2M USD -14.9%
Contract with Customer, Liability, Current 1.89M USD +17.2%
Liabilities, Current 28.6M USD +17.5%
Operating Lease, Liability, Noncurrent 19.7M USD -10.9%
Liabilities 58.9M USD -2.96%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.65K USD
Retained Earnings (Accumulated Deficit) -191M USD -22.9%
Stockholders' Equity Attributable to Parent -722K USD -105%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4.05M USD -75%
Liabilities and Equity 63.2M USD -14.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.32M USD +29.2%
Net Cash Provided by (Used in) Financing Activities 1.54M USD -56.3%
Net Cash Provided by (Used in) Investing Activities -413K USD -671%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 103M shares +10.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.2M USD -21.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 12.3M USD -37.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.38M USD +74.9%
Deferred Tax Assets, Valuation Allowance 34.7M USD +40.4%
Depreciation 70.8K USD +133%
Payments to Acquire Property, Plant, and Equipment 53.6K USD +17432%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -36M USD +9.3%
Lessee, Operating Lease, Liability, to be Paid 22.2M USD -9.63%
Property, Plant and Equipment, Gross 2.5M USD +84.4%
Operating Lease, Liability, Current 2.42M USD +11.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.39M USD -7.77%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.42M USD +2.93%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.29M USD -0.1%
Deferred Tax Assets, Operating Loss Carryforwards 30.7M USD +30.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.54M USD
Operating Lease, Payments 565K USD +11.7%
Amortization of Intangible Assets 419K USD -18.3%
Interest Expense 3.17M USD +158%