SKYX Platforms Corp.
SKYXNasdaqTechnology · Electric Lighting & Wiring Equipment · FL · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $92.0M | $86.3M | $58.8M | $32,022 | $43,109 | $7.7M |
| Operating income | −$29.1M | −$32.1M | −$37.8M | −$26.6M | −$5.2M | — |
| Net income | −$33.4M | −$35.8M | −$39.7M | −$27.0M | −$5.7M | −$26.7M |
| Total assets | $57.7M | $65.9M | $76.3M | $43.2M | $12.0M | $10.4M |
| Total liabilities | $57.3M | $56.8M | $60.1M | $35.0M | $12.1M | $35.1M |
| Equity | −$4.6M | $4.1M | $16.2M | $7.9M | −$3.4M | −$70.4M |
| EPS (diluted) | $-0.32 | $-0.36 | $-0.45 | $-0.40 | $-0.09 | — |
| Shares out. | 104.5M | 96.9M | 83.1M | 82.9M | 66.3M | 53.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −31.6%
- Net margin
- −36.3%
- Return on equity
- 728.3%
- Return on assets
- −57.9%
- Return on capital (ROCE)
- −87.9%
- Liabilities / assets
- 99.3%
- Debt / equity
- —
- Book value / share
- $-0.04
- Revenue growth (YoY)
- 6.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -16.73distress
- Accruals / assets
- −34.9%clean
- Beneish M-Score
- -4.34normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5.9M | 2.2 | +9.7% |
| Apr 30, 2026 | 5.3M | 4.3 | +13.5% |
| Apr 15, 2026 | 4.7M | 5.1 | +8.0% |
| Mar 31, 2026 | 4.4M | 3.4 | +24.2% |
| Mar 13, 2026 | 3.5M | 4.2 | +16.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 11, 2026
- Results of operationsMar 26, 2026
- Entered a material agreement · Regulation FD disclosureJan 26, 2026
- Entered a material agreement · Unregistered equity saleJan 13, 2026
- Entered a material agreement · Unregistered equity saleJan 2, 2026
- Entered a material agreement · Unregistered equity sale · Amended charter or bylawsJan 2, 2026
- Entered a material agreement · Unregistered equity sale · Amended charter or bylawsDec 5, 2025
- Results of operationsNov 12, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.