Highest-materiality recent filing
SKYX reports record Q1 revenue of $22M (+10% YoY); gross margin improves to 30%.
Revenue $22M (record), +10% YoY from $20M in Q1 2025; 9th consecutive YoY growth quarter.
SKYX reports Q4 record revenue $25M; FY2025 revenue $92M, raised $29M in Jan 2026
Q4 2025 revenue $25M (record); annual revenue $92M vs $86M in 2024, up 7% YoY.
SKYX raises $25M in registered direct offering at $2.50/share, 10M shares
Issued 10M shares at $2.50 each for gross proceeds of $25M to one institutional investor.
SKYX Platforms raises $1.0M through issuance of Series A-2 Preferred Stock
Issued 40,000 shares of Series A-2 Preferred Stock at $25/share for $1.0M gross proceeds to an existing strategic investor.
SKYX reports record Q3 revenue $24M; signs major smart-home deals in Middle East and Miami
Revenue $24M (+4% QoQ, +9% YoY); gross profit $8M (+8% QoQ), margin 32%.
SKYX extends $7.6M notes to 2030, secures $2M new capital from lead investor
Restructured four convertible notes totaling $7.6M into $9.6M of new 5-year notes due Oct 17, 2030.
SKYX secures $3.25M new capital via restructuring $2.75M notes into $6M convertible note due 2030
Restructured two existing convertible promissory notes with aggregate principal of $2.75M; maturity extended to September 2, 2030.
SKYX Q2 2025 Record Revenue of $23.1M, up 15% QoQ; Net Loss $0.08/shr
Revenue $23.1M (record Q2), up 15% from Q1 $20.1M and 8% from Q2 2024 $21.4M.
SKYX pre-announces record Q2 2025 revenue of $23.1M, up 15% sequentially
Preliminary Q2 2025 revenue $23.1M vs Q1 2025 $20.1M; six consecutive quarters of growth since Q1 2024.
Revenue of $20.1M, up 6% from $18.9M in Q1 2024; gross profit $5.7M, up 2% sequentially from Q4 2024.
SKYX reports 48% revenue growth in FY2024 to $86.3M; net loss narrows to $0.36/share
Full-year revenue $86.3M (+48% YoY from $58.8M); Q4 record revenue $23.7M.
SKYX pre-announces record Q4 2024 revenue of $23.7M; secures additional $1M preferred funding
Q4 2024 revenue $23.7M (record), up from $22.2M Q3; quarterly revenue grew sequentially all 2024 from $19M Q1.
SKYX reports record Q3 revenue of $22.2M; adjusted EBITDA loss of $2.6M
Revenue of $22.2M, up 3% sequentially and from $21.6M in Q3 2023; gross profit $6.8M, up 4% sequentially.
SKYX regains Nasdaq bid-price compliance; delisting risk removed
Received Nasdaq notice on Oct 22, 2024 confirming compliance with Listing Rule 5550(a)(2).
SKYX Platforms raises $11M via convertible preferred stock; insiders participate
Sold 440,000 shares of Series A and A-1 preferred at $25 each for $11M gross.
SKYX Platforms receives Nasdaq notice for failure to meet $1.00 minimum bid price
Closing bid price below $1.00 for 30 consecutive business days triggered deficiency notice.
SKYX Q2 revenue $21.4M (record), net loss narrows to $0.08/shr, adj EBITDA loss improves
Revenue $21.4M (record, +42.7% YoY); net loss $7.5M ($0.08/shr) vs $12.3M ($0.14/shr) YoY.
SKYX stockholders approve Amended and Restated 2021 Stock Incentive Plan, adding 20M shares
Shareholders approved plan amendment increasing authorized shares by 20M to 40M total.
SKYX reports record Q1 revenue of $19.0M, net loss widens to $9.7M
Q1 revenue $19.0M (record), up 2.2% from $18.6M in Q1 2023.
SKYX reports record 2023 revenue of $58.8M; net loss $39.7M
Revenue $58.8M in 2023 (vs $32,022 in 2022); Q4 record $22.2M.
SKYX renews GE licensing agreement, restructures trademark royalty payments over 13 quarters
Renewed five-year MSA with GE Technology Development for global licensing of standard and smart products; replaces 2019 agreement.
SKYX Platforms reports record Q3 revenue of $21.6M; net loss widens to $7.2M
Record Q3 revenue of $21.6M; gross profit $6.7M (31% margin).
SKYX Platforms appoints Leonard J. Sokolow as Co-CEO
Leonard J. Sokolow appointed Co-CEO effective September 12, 2023; continues as board member.
SKYX files NEC application for mandatory safety standardization of ceiling outlet receptacle
Application seeks mandatory NEC safety standard for ceiling outlet receptacle platform (WSCR/WSAF).
SKYX Q2 revenue $15M (partial quarter), net loss $0.14/share; Belami acquisition closed
Revenue of $15M in Q2 2023, reflecting partial quarter of sales including smart plug & play products.
SKYX reports over $14M in sales for partial Q2 2023; products on 16 websites
Over $14 million (unaudited) in sales for partial second quarter 2023.
SKYX Q1 net loss narrows to $8.0M; completes two acquisitions, cash $23.1M
Net loss of $8.0M vs $11.9M in Q1 2022; includes $3.0M stock-based compensation and $0.4M transaction costs.
SKYX Platforms completes acquisition of Belami for $7M cash plus 1.92M shares
Purchase price: $7M cash (plus $1M released from escrow) and 1,923,285 shares of SKYX common stock at closing.
SKYX settles $6.2M secured note with $2M cash and 574,713 shares; NBG in Ch.11
Repaid $6.2M principal+interest to NBG with $2M cash and 574,713 shares (value based on 20-day avg closing price).
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 .
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.
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.
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.
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.
Max materiality 0.75 · Median 0.60 · Most common event earnings