Source-grounded facts extracted from SKYX Platforms Corp.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
SKYX Platforms Corp. reported the first quarter ended March 31, 2026 results: revenue $22 million, EPS $0.07 per share.
“(EX-99.1) --- Exhibit 99.1 Earnings Press Release, dated May 11, 2026 SKYX Reports 9 Consecutive Quarters of Growth YoY with 10% Increase and Record Revenues in Q-1 2026 with $22 Million Compared to $20 Million in Q-1 2025 as It Continues to Grow Its Market Penetration SKYX Reports over $32 Million in Cash and Cash Equivalents as of March 31, 2026, Management”
SKYX Platforms Corp. reported fiscal year ended December 31, 2025 results: revenue $92.0 million.
“SKYX reports record sales $92.0 million in 2025 compared with $86 million in 2024.”
SKYX Platforms Corp. reported Q4 2025 results: revenue $25 million.
“Generated a record $25 million in revenue in Q-4 2025 compared to $24 million in Q-4 2024.”
SKYX Platforms Corp. entered into Placement Agency Agreement with Roth Capital Partners, LLC (effective 2026-01-23).
“Roth Capital Partners, LLC acted as the exclusive placement agent (the “Placement Agent”) on a best efforts basis in connection with the Offering pursuant to that certain placement agency agreement, dated January 23, 2026 (the “Placement Agency Agreement”), by and between the Company and the Placement Agent. Pursuant to the Placement Agency Agreement, the Placement Agent will receive a cash fee of 6.5% of the aggregate gross proceeds paid to the Company for the securities sold in the Offering and reimbursement of certain out-of-pocket expenses of $75,000.”
SKYX Platforms Corp. entered into Purchase Agreement with an institutional investor valued at approximately $25.0 million (effective 2026-01-23).
“On January 23, 2026, SKYX Platforms Corp. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor, pursuant to which the Company agreed to issue to the purchaser in a registered direct offering (the “Offering”) 10,000,000 shares of the Company’s common stock, no par value per share (the “Common Stock”), at an offering price of $2.50 per share. The aggregate gross proceeds to the Company from the Offering will be approximately $25.0 million, before deducting placement agent fees and other estimated offering expenses.”
SKYX Platforms Corp. issued 2,000,000 shares of common stock to a new strategic investor for $2.00 per share.
“The Company closed on gross proceeds of $4,000,000. Pursuant to the Purchase Agreement, the investor purchased 2,000,000 shares of the Company’s common stock, no par value per share (the “Common Stock”), at a purchase price of $2.00 per share.”
SKYX Platforms Corp. entered into Purchase Agreement with a new strategic investor valued at $4,000,000 (effective 2026-01-07).
“On January 13, 2026, SKYX Platforms Corp. (the “Company”) reported that it entered into a Securities Purchase Agreement (the “Purchase Agreement”) with a new strategic investor.”
SKYX Platforms Corp. issued 20,000 shares of preferred stock to existing and new strategic investors for $500,000 gross proceeds.
“On December 30, 2025, SKYX Platforms Corp. (the “Company”) signed and closed on Securities Purchase Agreements (the “Purchase Agreements”) from an existing and a new strategic investor for gross proceeds of $500,000. Pursuant to the Purchase Agreements, the investors purchased 20,000 shares of the Company’s Series A-2 Preferred Stock, no par value per share (the “Series A-2 Preferred Stock”), at a purchase price of $25.00 per share with no price protection.”
SKYX Platforms Corp. issued common stock to a member of the Company’s Board of Directors for $835,900, representing the full principal balance plus accrued and unpaid interest from 2020.
“On December 31, 2025, a member of the Company’s Board of Directors converted $835,900, representing the full principal balance plus accrued and unpaid interest from 2020, under his Subordinated Convertible Balloon Promissory Note issued by SKYX Platforms Corp. (the “Company”) on November 3, 2020 (the “Note”) into shares of the Company’s common stock.”
SKYX Platforms Corp.: Increased authorized shares of Series A-2 Preferred Stock from 40,000 to 160,000 (effective 2025-12-23).
“Effective December 23, 2025, the Company filed an Articles of Amendment (the “Amendment”) to the Certificate of Designation of Rights, Preferences and Privileges of Series A-2 Preferred Stock, having an original issue price of $25.00 per share, with the Division of Corporations of the Florida Department of State. Pursuant to the Amendment, the Company increased the number of shares designated as Series A-2 Preferred Stock from 40,000 shares to 160,000 shares.”
SKYX Platforms Corp. entered into Securities Purchase Agreements with an existing and a new strategic investor valued at $500,000 (effective 2025-12-30).
“On December 30, 2025, SKYX Platforms Corp. (the “Company”) signed and closed on Securities Purchase Agreements (the “Purchase Agreements”) from an existing and a new strategic investor for gross proceeds of $500,000.”
SKYX Platforms Corp. amended Note Amendment with a member of the Company’s Board of Directors valued at $835,900 (effective 2025-12-30).
“On December 30, 2025, the Company and the holder entered into an amendment to the Note (the “Note Amendment”), extending the maturity date to May 1, 2027, increasing the interest rate to ten percent (10%) per year, and adjusting the conversion price to $2.20 per share.”
SKYX Platforms Corp. entered into Purchase Agreement valued at $1.0 million (effective 2025-12-05).
“On November 24, 2025, SKYX Platforms Corp. (the “Company”) received a Securities Purchase Agreement (the “Purchase Agreement”) from an existing strategic investor, and the Company signed and closed on such agreement on December 5, 2025, for gross proceeds of $1.0 million.”
SKYX Platforms Corp. issued 40,000 shares of preferred stock to an existing strategic investor for $25.00 per share.
“the investor purchased 40,000 shares of a series of newly-authorized Series A-2 Preferred Stock, no par value per share (the “Series A-2 Preferred Stock”), at a purchase price of $25.00 per share”
SKYX Platforms Corp.: Filed Certificate of Designation to establish Series A-2 Preferred Stock, designating 40,000 shares (effective 2025-12-02).
“On December 2, 2025, the Company filed the Certificate of Designation of Rights, Preferences and Privileges of Series A-2 Preferred Stock (the “Series A-2 Certificate of Designation”), designating 40,000 shares of newly-authorized convertible Series A-2 Preferred Stock, with the Division of Corporations of the Florida Department of State.”
SKYX Platforms Corp. issued convertible note to one of its lead existing investors for $2 million in additional capital.
“the Company restructured and extended the maturity date of four outstanding convertible promissory notes with an aggregate principal balance of $7.6 million by 5 years to October 17, 2030, and secured $2 million in additional capital from one of its lead existing investors, pursuant to a Securities Purchase Agreement”
SKYX Platforms Corp. incurred convertible notes of $9.6 million at 10% per annum maturing October 17, 2030.
“the Company will have a total of $9.6 million in 5-year subordinated secured convertible promissory notes by issuing a new note in the total principal amount of $8.9 million and amending two of the outstanding notes with the principal amount of $700,000 for a 5-year term (collectively, the “$9.6 Million Notes”).”
SKYX Platforms Corp. incurred convertible notes of $6 million at 8% interest payable quarterly in arrears in cash and 2% interest payable quarter maturing September 2, 2030.
“the Company entered into a new subordinated secured convertible promissory note (“Note”) in the total principal amount of $6 million”
SKYX Platforms Corp.: Increased number of shares designated as Series A-1 Preferred Stock from 400,000 to 480,000 (effective 2025-05-02).
“Effective May 2, 2025, SKYX Platforms Corp. (the “Company”) filed an Articles of Amendment (the “Amendment”) to the Certificate of Designation of Rights, Preferences and Privileges of Series A-1 Preferred Stock, no par value (the “Series A-1 Preferred Stock”), having an original issue price of $25.00 per share, with the Division of Corporations of the Florida Department of State.”
SKYX Platforms Corp.: Amended and restated bylaws to update stockholder nomination procedures, universal proxy rules, and proxy card color requirements, effective immediately upon adoption (effective 2025-03-21).
“On March 21, 2025, the Board of Directors (the “Board”) of SKYX Platforms Corp. (the “Company”) approved the amendment and restatement of the Company’s Second Amended and Restated Bylaws (as amended and restated, the “Third Amended and Restated Bylaws”), which became effective immediately upon adoption.”
SKYX Platforms Corp.: Filed two certificates of designation to establish Series A and Series A-1 Preferred Stock, designating 400,000 shares each (effective 2024-09-30).
“On September 30, 2024, SKYX Platforms Corp. (the “Company”) filed the Certificate of Designation of Rights, Preferences and Privileges of Series A Preferred Stock (the “Series A Certificate of Designation”), designating 400,000 shares of newly-authorized convertible Series A Preferred Stock, no par value per share (the “Series A Preferred Stock”), and the Certificate of Designation of Rights, Preferences and Privileges of Series A-1 Preferred Stock (the “Series A-1 Certificate of Designation”), designating 400,000 shares of newly-authorized convertible Series A-1 Preferred Stock, no par value per share (the “Series A-1 Preferred Stock”), with the Division of Corporations of the Florida Department of State.”
SKYX Platforms Corp. reported the first quarter ended March 31, 2024 results: revenue $19.0 million, net income $9.7 million, or $(0.10) per share, EPS $(0.10) per share.
“SKYX Reports Record First Quarter Sales of $19.0 Million Compared to $18.6 Million for First Quarter 2023 as it Continues to Grow its Market Penetration in the U.S and Canada of its Advanced and Smart Platform Products”
SKYX Platforms Corp. incurred convertible notes of $1.0 million with GE Trademark Licensing, Inc. at no interest bearing maturing April 11, 2027.
“reduced a payment of $1.4 million due to GE Trademark Licensing, Inc. (“GE-TL”) by $400,000, in exchange for a 3-year no interest bearing convertible promissory note of $1.0 million (the “Note”) to GE-TL, with a conversion price of $1.07 per share. The Note was signed on April 11, 2024, and matures on April 11, 2027. On December 8, 2023, the Company filed a”
SKYX Platforms Corp. amended Amendment to Letter Agreement with GE Trademark Licensing, Inc. valued at amendment extending deadline for issuing convertible note to May 1, 2024 (effective 2024-04-11).
“On April 11, 2024, the Company entered into an amendment to the Letter Agreement, which extended the deadline for the Company to issue the convertible note to GE-TL to May 1, 2024, and issued the Note, reflecting a reduction in payments due.”
SKYX Platforms Corp. reported the Fourth Quarter and Fiscal Year ended December 31, 2023 results: revenue $58.8 million, net income net loss of $39.7 million, or $(0.45) per share, EPS $(0.45) per share.
“Revenue in 2023 increased to a record $58.8 million – including record fourth quarter sales of $22.2 million which were realized in the fourth quarter – including E-commerce sales, smart home products and advanced plug & play products”
SKYX Platforms Corp. incurred convertible notes with GE Trademark Licensing, Inc..
“The Company also agreed to issue a convertible note payable to GE-TL, with note terms and conditions to be mutually agreed upon by both parties.”
SKYX Platforms Corp. reported third quarter ended September 30, 2023 results: revenue $21.6 million, net income $(0.08) per share, EPS $(0.08) per share.
“SKYX Reports Record Sales of $21.6 Million for Third Quarter 2023”
SKYX Platforms Corp. incurred term loan of $1.5 million with Farmers & Merchants Bank of Central California at 7.7% maturing September 5, 2026.
“and a $1.5 million term loan (the “term loan”) with Farmers & Merchants Bank of Central California”
SKYX Platforms Corp. incurred revolving credit of $3.0 million with Farmers & Merchants Bank of Central California at The Wall Street Journal Prime Rate, subject to a floor of 7.5% maturing September 5, 2024.
“Belami, Inc. (“Belami”), a wholly-owned subsidiary of SKYX Platforms Corp. (the “Company”), entered into a $3.0 million secured revolving line of credit (the “line of credit”)”
Leonard J. Sokolow was appointed as Co-Chief Executive Officer at SKYX Platforms Corp..
“On September 13, 2023, SKYX Platforms Corp. (the “Company”) announced that on September 12, 2023, its Board of Directors (the “Board”) appointed Leonard J. Sokolow as Co-Chief Executive Officer of the Company, effective immediately .”
SKYX Platforms Corp. reported the quarter ended June 30, 2023 results: revenue $15.0 million, net income $12.3 million, EPS $(0.14) per share.
“Second Quarter 2023 Financial Results Revenue in the second quarter of 2023 increased to $15.0 million in sales that include E-commerce sales as well as our smart and standard plug and play products, reflecting partial quarter of approximately 60 days of sales. Gross profit in the second quarter of 2023 increased to $4.7 million, or 31.3% of revenue. Gross profit was positively impacted by a partial quarter of gross profit from the aforementioned acquisition of Belami E-commerce. Cash, cash equivalents, restricted cash, and investments available for sale totaled $23.7 million as of June 30, 2023, as compared to $16.8 million as of December 31, 2022. Cash used in operating activities for the three months ended June 30, 2023, totaled $2.5 million, as compared to $2.8 million in the same year-ago period. Company’s current liabilities include a 2024 non-cash payment of $5.6 million payable in shares to the Belami shareholders as part of the acquisition consideration. Operating expenses in”
SKYX Platforms Corp. reported preliminary financial results for the three months ended June 30, 2023.
“On August 3, 2023, SKYX Platforms Corp. (d/b/a Sky Technologies) (the “Company”) issued a press release announcing its preliminary selected unaudited financial results for the three months ended June 30, 2023.”
SKYX Platforms Corp. shareholders approved Advisory (non-binding) vote on executive compensation at the 2023-06-28 meeting.
“3. The compensation of the Company’s named executive officers was approved on an advisory, non-binding basis.”
SKYX Platforms Corp. shareholders approved Ratification of M&K CPAS, PLLC as the independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-28 meeting.
“2. The appointment of M&K CPAS, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified.”
SKYX Platforms Corp. shareholders approved Election of seven directors to serve until the next annual meeting at the 2023-06-28 meeting.
“1. Rani R. Kohen, Nancy DiMattia, Gary N. Golden, Efrat L. Greenstein Brayer, Thomas J. Ridge, Dov Shiff, and Leonard J. Sokolow were elected to serve as directors until the next annual meeting of stockholders or until their successors have been duly elected and qualified.”
SKYX Platforms Corp. entered into Sales Agreement with The Benchmark Company, LLC valued at up to a maximum of $20.0 million Shares (effective 2023-05-26).
“On May 26, 2023, SKYX Platforms Corp. (the “Company”) entered into an “at the market offering” (ATM) Sales Agreement (the “Sales Agreement”) with The Benchmark Company, LLC, as agent (“Benchmark”), pursuant to which the Company may, from time to time, offer and sell shares of the Company’s common stock”
SKYX Platforms Corp. reported financial results for the quarter ended March 31, 2023.
“On May 12, 2023, SKYX Platforms Corp. (d/b/a Sky Technologies) (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2023.”
SKYX Platforms Corp. incurred revolving credit of $2.0 million with First-Citizens Bank & Trust Company at The Wall Street Journal Prime Rate plus 0.250%, subject to a floor of 5.0% and c maturing May 1, 2024.
“On May 1, 2023, the Company entered into a $2.0 million secured revolving line of credit with First-Citizens Bank & Trust Company”
SKYX Platforms Corp. entered into line of credit with First-Citizens Bank & Trust Company valued at $2.0 million (effective 2023-05-01).
“On May 1, 2023, the Company entered into a $2.0 million secured revolving line of credit with First-Citizens Bank & Trust Company (the “line of credit”).”
SKYX Platforms Corp.: Cancelled, withdrew and terminated the designation of 20,000,000 shares of authorized preferred stock as Series A Convertible Preferred Stock; shares returned to undesignated status (effective 2023-05-02).
“On May 2, 2023, SKYX Platforms Corp. (the “Company”) filed with the Division of Corporations of the Florida Department of State Articles of Amendment to the Articles of Incorporation of the Company (the “Articles of Amendment”) to cancel, withdraw and terminate the designation of 20,000,000 shares of the Company’s authorized preferred stock as “Series A Convertible Preferred Stock.””
SKYX Platforms Corp. completed an acquisition involving stockholders of Belami, Inc. for $7,000,000 in cash and an aggregate of 1,923,285 shares of the Company’s common stock (closed 2023-04-28).
“February 6, 2023, between the Company and the stockholders of Belami (the “Sellers”), and the Amendment as described below. The purchase price paid at the Closing consisted of $7,000,000 in cash (which excluded, among other things, $1.0 million released to the Sellers from escrow) and an aggregate of 1,923,285 shares of the Company’s common stock. At the Closing,”
SKYX Platforms Corp. incurred revolving credit of a $2.0 million revolving line of credit with PNC Bank, National Association at not disclosed maturing not disclosed.
“The Company also agreed to assume Belami’s loan agreement with PNC Bank, National Association, consisting of a $2.0 million revolving line of credit and a term loan of approximately $2.5 million.”
SKYX Platforms Corp. incurred term loan of a term loan of approximately $2.5 million with PNC Bank, National Association at not disclosed maturing not disclosed.
“The Company also agreed to assume Belami’s loan agreement with PNC Bank, National Association, consisting of a $2.0 million revolving line of credit and a term loan of approximately $2.5 million.”
SKYX Platforms Corp. incurred convertible notes of subordinated secured convertible promissory notes in the aggregate principal amount of $8.1 million with certain existing Company investors at not disclosed maturing not disclosed.
“On February 6, 2023 (the “Closing Date”), the Company closed a private placement offering (the “Private Placement”) pursuant to a securities purchase agreement (the “Private Placement Agreement”) with certain existing Company investors, providing for the issuance and sale by the Company to such investors of (i) subordinated secured convertible promissory notes in the aggregate principal amount of $8.1 million (the “Notes”)”
SKYX Platforms Corp. entered into Private Placement Agreement with certain existing Company investors valued at aggregate principal amount of $8.1 million (effective 2023-02-06).
“On February 6, 2023 (the “Closing Date”), the Company closed a private placement offering (the “Private Placement”) pursuant to a securities purchase agreement (the “Private Placement Agreement”) with certain existing Company investors, providing for the issuance and sale by the Company to such investors of (i) subordinated secured convertible promissory notes in the aggregate principal amount of $8.1 million”
SKYX Platforms Corp. entered into Stock Purchase Agreement with stockholders of Belami, Inc. (effective 2023-02-06).
“On February 6, 2023 (the “Signing Date”), SKYX Platforms Corp. (d/b/a Sky Technologies) (the “Company”) entered into the Stock Purchase Agreement (the “Stock Purchase Agreement”) with the stockholders (the “Sellers”) of Belami, Inc., a California corporation (“Belami”), pursuant to which the Company will acquire all of the issued and outstanding shares of Belami from the Sellers”
SKYX Platforms Corp. reported three months ended September 30, 2022 results: net income $5.7 million.
“Net loss, which includes stock-based compensation of $1.3 million for the quarter ended September 30, 2022, totaled $5.7 million”
SKYX Platforms Corp. entered into corporate advisory engagement agreement with Newbridge Securities Corporation valued at Issuance of 200,000 restricted shares of common stock, vesting over 18 months (effective 2022-11-09).
“On November 9, 2022 (the “Effective Date”), SKYX Platforms Corp. (d/b/a Sky Technologies) (the “Company”) entered into a corporate advisory engagement agreement (the “Agreement”) with Newbridge Securities Corporation (“Newbridge”), pursuant to which Newbridge agreed to provide financial and general corporate advisory services to the Company in connection with certain investment banking matters, such as assisting with investor presentations and investor conferences, providing advice related to capital structures, capital market opportunities and asset allocation or exit strategies, and assisting with the preparation of a due diligence package for use in potential merger and acquisition, joint venture and capital raising transactions.”
Phillips S. Peter retired as Director at SKYX Platforms Corp..
“On June 28, 2022, Phillips S. Peter, age 90, who served as a director of SKYX Platforms Corp. (the “Company”) since November 2012, notified the Company that due to health issues and late age he will be retiring from the Company’s board of directors, effective immediately.”
Efrat L. Greenstein Brayer was appointed as Director at SKYX Platforms Corp..
“effective February 9, 2022, upon the effectiveness of the Registration Statement, Nancy DiMattia, Gary N. Golden and Efrat L. Greenstein Brayer were appointed as members of the Company’s Board of Directors.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.