secwatch.observer — SEC 8-K summary
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Issuer:     SKYX Platforms Corp. (SKYX)
CIK:        0001598981
Form:       8-K
Filed at:   2026-08-12T20:10:14+00:00
Accession:  0001493152-26-037353
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SKYX reports record Q2 2026 revenue of $25.3M, up 14% QoQ; net loss improves to $8.2M
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- Q2 2026 revenue $25.3M, up 14% vs Q1 2026 ($22.1M) and 10% vs Q2 2025 ($23.1M); 10th consecutive YoY growth quarter.
- Net loss narrowed to $8.2M ($0.06/share) vs $8.8M ($0.08/share) in Q2 2025; adjusted EBITDA loss $3.5M vs $3.9M in Q1.
- Cash and equivalents $27.7M at June 30, 2026, up from $10.1M at Dec 31, 2025; raised $29M in straight equity ($25M at $2.50, $4M at $2.00).
- Cash used in operating activities down 39% to $3.7M in Q2 from $6.0M in Q1; interest-bearing debt reduced by $2.0M.
- Gross profit Q2 $7.3M (+4% YoY); H1 2026 revenue $47.4M (+10% YoY) and gross profit $13.9M (+10%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598981/000149315226037353/0001493152-26-037353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598981/000149315226037353/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-037353

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