SKYX Platforms Corp. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SKYX Platforms Corp. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $7.70M | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | $7.01M | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | $2.89M | Mar 31, 2017 |
| FY2015 | Dec 31, 2014 | $0 | Mar 30, 2016 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $92.01M | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | $86.28M | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | $58.79M | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | $32.0K | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $43.1K | Mar 31, 2023 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $18.04M | Apr 1, 2024 |
| FY2023 | Dec 31, 2022 | $13.1K | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($45.4K) | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | $1.32M | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | $878.6K | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | $407.8K | Mar 31, 2017 |
| FY2015 | Dec 31, 2014 | $0 | Mar 30, 2016 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($33.42M) | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | ($35.77M) | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | ($39.73M) | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | ($27.04M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($5.73M) | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | ($26.72M) | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | ($98.45M) | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | ($26.89M) | Mar 31, 2017 |
| FY2015 | Dec 31, 2014 | ($7.29M) | Mar 30, 2016 |
| FY2014 | Dec 31, 2013 | ($2.61M) | Mar 31, 2015 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($29.11M) | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | ($32.11M) | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | ($37.83M) | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | ($26.63M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($5.19M) | Mar 31, 2023 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $26.39M | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $5.14M | Mar 31, 2023 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($13.29M) | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | ($18.26M) | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | ($13.00M) | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | ($13.84M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($4.63M) | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | ($4.35M) | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | ($6.17M) | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | ($3.77M) | Mar 31, 2017 |
| FY2015 | Dec 31, 2014 | ($1.80M) | Mar 30, 2016 |
| FY2014 | Dec 31, 2013 | ($685.7K) | Mar 31, 2015 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $312.7K | Mar 31, 2023 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $57.72M | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | $65.89M | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | $76.34M | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | $43.18M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $11.95M | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | $10.42M | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | $12.46M | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | $8.40M | Mar 31, 2017 |
| FY2015 | Dec 31, 2014 | $11.24M | Mar 30, 2016 |
| FY2014 | Dec 31, 2013 | $1.44M | Mar 31, 2015 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $57.30M | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | $56.83M | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | $60.12M | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | $35.05M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $12.06M | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | $35.07M | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | $40.16M | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | $41.15M | Mar 31, 2017 |
| FY2015 | Dec 31, 2014 | $20.61M | Mar 30, 2016 |
| FY2014 | Dec 31, 2013 | $3.80M | Mar 31, 2015 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($4.59M) | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | $4.05M | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | $16.22M | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | $7.91M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($3.39M) | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | ($70.40M) | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | ($72.09M) | Apr 2, 2018 |
| FY2017 | Dec 31, 2015 | ($32.75M) | Apr 2, 2018 |
| FY2017 | Dec 31, 2014 | ($9.36M) | Apr 2, 2018 |
| FY2015 | Dec 31, 2013 | ($2.36M) | Mar 30, 2016 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $16.16M | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | $16.16M | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | $16.16M | Mar 24, 2025 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($216.26M) | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | ($181.78M) | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | ($145.80M) | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | ($106.07M) | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | ($74.27M) | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | ($168.05M) | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | ($141.18M) | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | ($42.70M) | Mar 31, 2017 |
| FY2015 | Dec 31, 2014 | ($15.81M) | Mar 30, 2016 |
| FY2014 | Dec 31, 2013 | ($8.52M) | Mar 31, 2015 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.05M | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | $12.64M | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | $16.81M | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | $6.72M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $10.43M | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | $4.88M | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | $4.13M | Apr 2, 2018 |
| FY2017 | Dec 31, 2015 | $450.9K | Apr 2, 2018 |
| FY2016 | Dec 31, 2014 | $1.24M | Mar 31, 2017 |
| FY2015 | Dec 31, 2013 | $1.13M | Mar 30, 2016 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $19.34M | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | $20.11M | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | $18.27M | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | $6.57M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | $7.20M | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | $3.73M | Apr 2, 2018 |
| FY2016 | Dec 31, 2016 | $3.42M | Mar 31, 2017 |
| FY2014 | Dec 31, 2014 | $995.0K | Mar 31, 2015 |
| FY2014 | Dec 31, 2013 | $816.4K | Mar 31, 2015 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 31, 2023 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Apr 1, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 117.67M | Mar 27, 2026 |
| FY2025 | Dec 31, 2024 | 103.36M | Mar 27, 2026 |
| FY2024 | Dec 31, 2023 | 93.47M | Mar 24, 2025 |
| FY2023 | Dec 31, 2022 | 82.91M | Apr 1, 2024 |
| FY2022 | Dec 31, 2021 | 66.30M | Mar 31, 2023 |
| FY2017 | Dec 31, 2017 | 53.17M | Apr 2, 2018 |
| FY2017 | Dec 31, 2016 | 53.17M | Apr 2, 2018 |
| FY2016 | Dec 31, 2015 | 41.50M | Mar 31, 2017 |
| FY2015 | Dec 31, 2014 | 35.75M | Mar 30, 2016 |
| FY2014 | Dec 31, 2013 | 34.50M | Mar 31, 2015 |