Sky Quarry Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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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.
FY2025 · Filed Mar 31, 2026
SKYQ$1.70-14.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
As of December 31, 2025 and December 31, 2024
| 2025 | 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash | $35,370 | $385,116 |
| Accounts receivables | 4,688 | 1,123,897 |
| Prepaid expenses and other assets | 609,257 | 339,124 |
| Inventory | 678,365 | 3,149,236 |
| Total current assets | 1,327,680 | 4,997,373 |
| Property, plant and equipment | 5,089,139 | 6,160,318 |
| Oil and gas properties | 8,783,450 | 8,534,967 |
| Restricted cash | 770,335 | 2,929,797 |
| Right-of-use-asset | 35,214 | 1,115,785 |
| Goodwill | 3,209,003 | 3,209,003 |
| Total assets | $19,214,821 | $26,947,243 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $4,546,064 | $4,046,319 |
| Current portion of operating lease liability | 36,278 | 38,422 |
| Current portion of finance lease liability | - | 16,120 |
| Warrant liabilities | 97,486 | 459,067 |
| Lines of credit | 1,453,737 | 1,260,727 |
| Current portion of notes payable | 8,987,208 | 6,578,017 |
| Total current liabilities | 15,120,773 | 12,398,672 |
| Notes payable, net of current portion | 907,081 | 2,000,560 |
| Operating lease liability, net of current portion | - | 77,824 |
| Finance lease liability, net of current portion | - | 971,690 |
| Total liabilities | 16,027,854 | 15,448,746 |
| Commitments and contingencies | ||
| SHAREHOLDERS’ EQUITY: | ||
| Common Stock $0.0001 par value: 2,000,000,000 shares authorized: 3,233,329 and 2,378,401 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 2,586 | 1,903 |
| Additional paid in capital | 39,563,657 | 35,674,391 |
| Accumulated other comprehensive loss | (212,788) | (209,708) |
| Accumulated deficit | (36,166,488) | (23,968,089) |
| Total shareholders’ equity | 3,186,967 | 11,498,497 |
| Total liabilities and shareholders' equity | $19,214,821 | $26,947,243 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.