---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-044762"
form_type: "8-K"
ticker: "SKYX"
cik: "0001598981"
company_name: "SKYX Platforms Corp."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:56:27.642592+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SKYX reports record Q3 revenue of $22.2M; adjusted EBITDA loss of $2.6M

## Summary
- Revenue of $22.2M, up 3% sequentially and from $21.6M in Q3 2023; gross profit $6.8M, up 4% sequentially.
- Net cash used in ops fell 39% sequentially to $2.6M; cash and equivalents $13.0M as of Sept 30 before $11M Oct equity raise.
- October equity raise of $11M at $2.00/share with no warrants; led by hotel developer Lance Shaner with insider participation.
- Products now in 100 Home Depot stores; collaborations with Wayfair, GE Licensing, and Ruee Appliances for manufacturing.
- Management expects to be cash flow positive in 2025; targeting 15,000 homes by end of 2024.

## SEC filing metadata
- accession: 0001493152-24-044762
- form_type: 8-K
- ticker: SKYX
- cik: 0001598981
- company_name: SKYX Platforms Corp.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598981/000149315224044762/0001493152-24-044762-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598981/000149315224044762/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-044762
- JSON: https://secwatch.observer/filing/0001493152-24-044762.json
- Plain text: https://secwatch.observer/filing/0001493152-24-044762.txt

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