---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-019236"
form_type: "8-K"
ticker: "SKYX"
cik: "0001598981"
company_name: "SKYX Platforms Corp."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:50:18.661136+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SKYX reports record Q1 revenue of $19.0M, net loss widens to $9.7M

## Summary
- Q1 revenue $19.0M (record), up 2.2% from $18.6M in Q1 2023.
- Net loss $9.7M ($0.10 per share) vs $8.0M loss in prior year.
- Adjusted EBITDA loss $5.1M; non-cash charges $4.6M.
- Cash and equivalents $19.8M as of Mar 31, down from $22.4M Dec 31, 2023.
- Signed 5-year licensing partnership with GE; collaborations with Kichler, Quoizel, Ruee Appliances.

## SEC filing metadata
- accession: 0001493152-24-019236
- form_type: 8-K
- ticker: SKYX
- cik: 0001598981
- company_name: SKYX Platforms Corp.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598981/000149315224019236/0001493152-24-019236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598981/000149315224019236/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-019236
- JSON: https://secwatch.observer/filing/0001493152-24-019236.json
- Plain text: https://secwatch.observer/filing/0001493152-24-019236.txt

## Key facts
- Earnings Releases
  SKYX Platforms Corp. reported the first quarter ended March 31, 2024 results: revenue $19.0 million, net income $9.7 million, or $(0.10) per share, EPS $(0.10) per share.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $19.0 million
  - Net income: $9.7 million, or $(0.10) per share
  - EPS: $(0.10) per share
  - Result: reported results
  source text: SKYX Reports Record First Quarter Sales of $19.0 Million Compared to $18.6 Million for First Quarter 2023 as it Continues to Grow its Market Penetration in the U.S and Canada of its Advanced and Smart Platform Products
  evidence_url: https://www.sec.gov/Archives/edgar/data/1598981/000149315224019236/0001493152-24-019236-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.