SKYX Platforms Corp
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
SKYX$0.70-5.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
| For the three months ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $18,977,821 | $10,025 |
| Cost of revenues | 13,399,771 | 1,468 |
| Gross profit (loss) | 5,578,050 | 8,557 |
| Selling and marketing expenses | 6,526,816 | 1,299,859 |
| General and administrative expenses | 7,939,581 | 5,948,346 |
| Total expenses, net | 14,466,397 | 7,248,205 |
| Loss from operations | (8,888,347) | (7,239,648) |
| Other income / (expense) | ||
| Interest expense, net | (787,854) | (730,621) |
| Gain on extinguishment of debt | — | — |
| Other income | — | — |
| Total other expense, net | (787,854) | (730,621) |
| Net loss | (9,676,201) | (7,970,269) |
| Other comprehensive loss: | ||
| Unrealized loss on debt securities | — | 57,494 |
| Net comprehensive loss attributed to common stockholders | $(9,676,201) | $(7,912,775) |
| Net loss per share - basic and diluted | $(0.10) | $(0.10) |
| Weighted average number of common shares outstanding – basic and diluted | 95,091,003 | 82,965,182 |
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