Sky Quarry Inc.

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 31, 2025

SKYQ$1.70-14.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

Consolidated Statements of Operations and Comprehensive Loss

	2024	2023
Net sales	$23,364,188	$50,731,889
Cost of goods sold	24,759,530	48,391,724
Gross profit (loss)	(1,395,342)	2,340,165
Operating expenses:
General and administrative	6,121,955	3,702,743
Depreciation and amortization	5,889	5,303
Total operating expenses	6,127,844	3,708,046
Loss from operations	(7,523,186)	(1,367,881)
Other income (expense):
Gain on warrant valuation	1,477,870	-
Other income	35,637	26,008
Gain (loss) on sale of assets	(25,075)	564,811
Loss on extinguishment of debt	(241,311)	(205,425)
Loss on issuance of private placement warrants	(1,935,934)	-
Interest expense	(6,516,512)	(3,639,520)
Other expense, net	(7,205,325)	(3,254,126)
Loss before benefit from income taxes	(14,728,511)	(4,622,007)
Provision for income tax benefit	-	185,535
Net loss	(14,728,511)	(4,436,472)
Other comprehensive loss
Foreign currency translation adjustment	(8,203)	(24,185)
Comprehensive loss	$(14,736,714)	$(4,460,657)
Loss per common share
Basic and diluted	$(0.77)	$(0.27)
Weighted average shares outstanding
Basic and diluted	19,027,208	16,323,103

See accompanying Notes to Consolidated Financial Statements.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.