secwatch.observer — SEC 8-K summary
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Issuer:     SKYX Platforms Corp. (SKYX)
CIK:        0001598981
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0001641172-25-023185
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SKYX Q2 2025 Record Revenue of $23.1M, up 15% QoQ; Net Loss $0.08/shr
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- Revenue $23.1M (record Q2), up 15% from Q1 $20.1M and 8% from Q2 2024 $21.4M.
- Gross profit $7.0M (up 23% sequentially); gross margin 30.3% (up 7%).
- Net loss per share $0.08 vs $0.09 in Q1; adjusted EBITDA loss $2.6M ($0.02/shr) vs $3.6M ($0.04/shr) in Q1.
- Cash $15.7M (up from $12.3M); operating cash use down 54% to $2.0M.
- Major collaboration: $3B Miami smart city project; expected to supply >500K units of smart home tech.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598981/000164117225023185/0001641172-25-023185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598981/000164117225023185/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-023185

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