secwatch.observer — SEC 8-K summary
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Issuer:     SKYX Platforms Corp. (SKYX)
CIK:        0001598981
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001493152-24-031272
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SKYX Q2 revenue $21.4M (record), net loss narrows to $0.08/shr, adj EBITDA loss improves
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- Revenue $21.4M (record, +42.7% YoY); net loss $7.5M ($0.08/shr) vs $12.3M ($0.14/shr) YoY.
- Adjusted EBITDA loss $2.1M (improved from $4.6M in Q1 2024); cash $15.6M as of June 30.
- Home Depot collaboration for smart plug & play products; expected online and in stores soon.
- GE Licensing partnership advancing; goal to make ceiling outlet/receptacle industry standard.
- Over 97 patents globally; 7 CES awards; NEC safety standardization for ceiling receptacle in progress.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598981/000149315224031272/0001493152-24-031272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598981/000149315224031272/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-031272

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer