---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-010267"
form_type: "8-K"
ticker: "SKYX"
cik: "0001598981"
company_name: "SKYX Platforms Corp."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T08:46:02.614079+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SKYX Q1 2025 revenue record $20.1M (+6% YoY); net loss $(0.09)/share; $4M funding led by Shaner Group

## Summary
- Revenue of $20.1M, up 6% from $18.9M in Q1 2024; gross profit $5.7M, up 2% sequentially from Q4 2024.
- Net loss per share $(0.09) vs $(0.10) in Q1 2024; Adjusted EBITDA loss $(0.04)/share vs $(0.05).
- G&A expenses down 17% to $6.6M from $7.9M; cash $12.3M as of March 31, 2025 (vs $15.5M a year ago).
- Secured $4M preferred stock at $2/share, part of $15M round led by Shaner Group with insider participation.
- Expects cash flow positive in H2 2025; products projected in 30,000 U.S./Canadian homes by end of Q2 2025.

## SEC filing metadata
- accession: 0001641172-25-010267
- form_type: 8-K
- ticker: SKYX
- cik: 0001598981
- company_name: SKYX Platforms Corp.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1598981/000164117225010267/0001641172-25-010267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598981/000164117225010267/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-010267
- JSON: https://secwatch.observer/filing/0001641172-25-010267.json
- Plain text: https://secwatch.observer/filing/0001641172-25-010267.txt

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