Sky Quarry Inc.

For the period ended Dec 31, 2025. Filed Mar 31, 2026.

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.

FY2025 · Filed Mar 31, 2026

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

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Contents

Consolidated Statements of Operations

Consolidated Statements of Operations and Comprehensive Loss

	2025	2024
Net sales	$12,491,089	$23,364,188
Cost of goods sold	15,589,637	24,759,530
Gross margin	(3,098,548)	(1,395,342)
Operating expenses:
General and administrative	6,140,135	6,121,955
Depreciation and amortization	9,817	5,889
Total operating expenses	6,149,952	6,127,844
Loss from operations	(9,248,500)	(7,523,186)
Other income (expense):
Loss on issuance of private placement	-	(1,935,934)
Interest expense	(3,162,864)	(6,516,512)
Loss on extinguishment of debt	(103,881)	(241,311)
Gain on warrant revaluation	361,581	1,477,870
Other income (expense)	(46,387)	35,637
Gain (loss) on disposal of assets	1,652	(25,075)
Other expense, net	(2,949,899)	(7,205,325)
Loss before provision for income taxes	(12,198,399)	(14,728,511)
Provision for income taxes	-	-
-
Net loss	(12,198,399)	(14,728,511)
Other Comprehensive Loss
Exchange loss on translation of foreign operations	(694)	(8,203)
Net loss and comprehensive loss	(12,199,093)	(14,736,714)
Loss per common share
Basic and diluted	$(4.41)	$(6.19)
Weighted average shares outstanding
Basic and diluted	2,766,864	2,378,401

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.