SKYX - NASDAQ

SKYX Platforms Corp.

SKYX·NASDAQ

$1.16

-1.3%

IndustrialsElectrical Equipment & Parts

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings. It offers power-plugs; universal power-plug and receptacle products; and smart products. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is headquartered in Pompano Beach, Florida.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$125.62M

EPS-0.3200

P/E Ratio-3.61

Earnings Date08/11/2026

57.72M

Assets

-12%

3Y+34.0%

5Y+1459.0%

10Y+587.0%

57.30M

Total Liabilities

3Y+63.0%

5Y+355.0%

10Y+39.0%

411.61K

Total Equity

-95%

3Y-95.0%

5Y-105.0%

10Y-101.0%

SKYX Platforms Corp. Funding & Solvency Profile

SKYX · NASDAQ

Current Assets

Cash & Cash Equivalents8.05M

Net Receivables1.89M

Inventory4.25M

Other Current Assets1.21M

Total Current Assets15 M

Non-Current Assets

Property, Plant & Equipment18.85M

Goodwill & Intangible Assets21.21M

Long-Term Investments2.05M

Other Non-Current Assets205.04K

Total Non-Current Assets21 M

Total Assets

57.72M

Financial Health Analysis

Current Ratio

0.63x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

139.22x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-9177106

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

27% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

SKYX Platforms Corp. Balance Sheet

SKYX • NASDAQ

SKYX Platforms Corp. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	8.1M	12.6M	16.8M	6.7M	10.4M	2.3M	1.9M	4.9M	4.1M	450.9K	1.2M	1.1M	736.0
Short-Term Investments	0.0	0.0	0.0	7.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	8.1M	12.6M	16.8M	14.1M	10.4M	2.3M	1.9M	4.9M	4.1M	450.9K	1.2M	1.1M	736.0
Net Receivables	1.9M	2.4M	3.4M	0.0	115.0	1.5K	419.5K	1M	796.8K	234.3K	0.0	0.0	0.0
Accounts Receivables	1.9M	2.4M	3.4M	0.0	115.0	1.5K	419.5K	1M	796.8K	234.3K	0.0	0.0	0.0
Inventory	4.3M	3.8M	3.4M	1.9M	918.7K	918.7K	1.2M	2.4M	2.4M	263.9K	0.0	0.0	0.0
Prepaids	0.0	0.0	721.7K	0.0	40.9K	0.0	5.6K	61.7K	41.2K	35.8K	29.6K	40K	0.0
Other Current Assets	1.2M	1.5M	3M	311.6K	0.0	0.0	0.0	0.0	0.0	211.0	0.0	0.0	2.5K
Total Current Assets	15.4M	20.4M	27.3M	16.3M	11.4M	3.2M	3.5M	8.3M	7.4M	985K	1.3M	1.2M	3.2K
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	18.9M	21.1M	21.7M	23.3M	25.7K	67.7K	180.8K	194.9K	113.6K	127.5K	132.6K	6K	295.0
Goodwill	16.2M	16.2M	16.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	5.1M	5.2M	8.1M	662.8K	540K	403.1K	340.6K	1.8M	4.8M	7.2M	9.6M	24.7K	27.2K
Goodwill & Intangible Assets	21.2M	21.3M	24.3M	662.8K	540K	403.1K	340.6K	1.8M	4.8M	7.2M	9.6M	24.7K	27.2K
Long-Term Investments	2M	2.9M	2.9M	0.0	0.0	0.0	0.0	0.0	78K	0.0	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	-2.7M	0.0	0.0	0.0	0.0	-78K	0.0	0.0	0.0	0.0
Other Non-Current Assets	205K	204.8K	204.8K	5.7M	2.2K	2.2K	18.3K	40.9K	202.3K	80.3K	227.7K	235.2K	-27.4K
Total Non-Current Assets	42.3M	45.5M	49M	26.8M	567.9K	473K	539.6K	2.1M	5.1M	7.4M	10M	266K	27.4K
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.0	0.0	0.0
Total Assets	57.7M	65.9M	76.3M	43.2M	12M	3.7M	4.1M	10.4M	12.5M	8.4M	11.2M	1.4M	30.7K
LIABILITIES
CURRENT LIABILITIES
Total Payables	14.8M	13.2M	10.1M	1.4M	996.7K	1M	849.6K	1.4M	1.1M	807.8K	1M	107.4K	58K
Accounts Payable	14.5M	13.2M	10.1M	1.4M	996.7K	1M	849.6K	1.4M	1.1M	807.8K	1M	107.4K	58K
Other Payables	249.1K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	3.8M	874.6K	104.4K	32.6K	358.6K	116.2K	0.0	0.0	0.0	0.0	0.0	0.0
Short Term Debt	2.6M	8.3M	6.9M	1.7M	404.6K	344K	0.0	270.2K	3.6M	4.1M	1.3M	124.2K	0.0
Capital Lease Obligations (Current)	2.6M	2.4M	1.9M	1.1M	0.0	0.0	53.2K	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	2.1M	1.5M	1.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	2.5M	-3M	2.9M	3.1M	1.2M	500K	0.0	30M	24.1M	24.2M	4.7M	2.8M	369.3K
Total Current Liabilities	24.6M	26.1M	24.2M	7.4M	2.6M	2.2M	1M	31.6M	28.8M	29.2M	7.1M	3M	427.3K
NON-CURRENT LIABILITIES
Long Term Debt	14.4M	8.4M	6.8M	4.9M	6.8M	6.5M	5.5M	3.5M	73.6K	193.8K	995K	816.4K	503.2K
Other Non-Current Liabilities	552.4K	1.9M	6.9M	0.0	2.6M	3.8M	4.3M	0.0	55.7M	11.8M	12M	0.0	-503.2K
Total Non-Current Liabilities	32.7M	30.7M	35.9M	27.6M	9.4M	10.4M	9.8M	3.5M	55.8M	12M	13M	816.4K	503.2K
Capital Lease Obligations	20.4M	22.7M	24.2M	23.9M	0.0	0.0	53.2K	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	57.3M	56.8M	60.1M	35M	12.1M	12.6M	10.8M	35.1M	84.6M	41.1M	20.1M	3.8M	930.5K
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	42.6K	0.0	0.0	0.0	0.0
Preferred Stock	5M	5M	0.0	220.1K	3.3M	3.4M	3.4M	45.8M	44.4M	0.0	0.0	0.0	0.0
Common Stock	203M	179.8M	162M	114M	70.9M	34.4M	30.5M	17.6M	12.3M	2.9M	127.4K	126.4K	0.0
Additional Paid-In Capital	0.0	0.0	0.0	0.0	13.5M	13.8M	11.7M	80.1M	56.9M	6.5M	6.3M	6.1M	0.0
Retained Earnings	-216.3M	-181.8M	-145.8M	-106.1M	-74.3M	-68.4M	-59M	-168.1M	-141.2M	-42.7M	-15.3M	-8.5M	-5.9M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	-62.1K	0.0	0.0	6.8M	0.0	-78K	625K	0.0	0.0	0.0
Other Total Stockholders' Equity	8.6M	6M	0.0	0.0	-13.5M	8.1M	0.0	0.0	-35.4K	0.0	76.3K	0.0	5.1M
Total Stockholders' Equity	411.6K	9.1M	16.2M	8.1M	-75.3K	-8.8M	-6.7M	-24.6M	-72.1M	-32.7M	-8.8M	-2.3M	-879.3K
Total Equity	411.6K	9.1M	16.2M	8.1M	-110.7K	-8.9M	-6.7M	-24.6M	-72.1M	-32.7M	-8.9M	-2.4M	-899.9K
Minority Interest	0.0	0.0	0.0	0.0	-35.4K	-35.4K	-35.4K	-35.4K	-35.4K	-35.4K	-35.4K	-35.4K	-20.5K
SUMMARY
Total Liabilities & Equity	57.7M	65.9M	76.3M	43.2M	12M	3.7M	4.1M	10.4M	12.5M	8.4M	11.2M	1.4M	0.0
Total Investments	2M	2.9M	2.9M	7.4M	0.0	0.0	0.0	0.0	78K	0.0	0.0	0.0	0.0
Total Debt	37.4M	39.4M	37.8M	30.5M	7.2M	6.9M	5.5M	3.7M	3.7M	4.3M	2.3M	940.6K	0.0
Net Debt	29.3M	26.7M	21M	23.7M	-3.2M	4.6M	3.6M	-1.2M	-426.3K	3.9M	1.1M	-192.4K	-736.0
Shares Outstanding	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165	111,709,165

SEC Filings

SKYX - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
DEF 14A DEF 14A 2026 N/A	May 13, 2026	May 13, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 11, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 11, 2026	May 11, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	March 27, 2026	December 31, 2025	2025	View Filing
10-K 10-K 2025 FY FY	March 26, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 26, 2026	March 26, 2026	2026	View Filing
S-3 S-3 N/A	March 26, 2026	March 26, 2026		View Filing
8-K 8-K 2026 N/A	January 26, 2026	January 23, 2026	2026	View Filing
S-3 S-3 N/A	January 16, 2026	January 16, 2026		View Filing
8-K 8-K 2026 N/A	January 13, 2026	January 07, 2026	2026	View Filing

Showing 1 to 10 of 129 filings

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