SKYX Platforms Corp

For the period ended Jun 30, 2024. Filed Aug 12, 2024.

About this filing

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.

Jun 30, 2024 · Filed Aug 12, 2024

SKYX$0.70-5.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Loss

	For the three-month ended June 30,		For the six-month ended June 30,
	2024	2023	2024	2023
Revenue	21,446,148	14,984,055	$40,423,969	$14,994,080
Cost of revenues	14,869,521	10,288,643	28,269,292	10,290,111
Gross profit loss	6,576,627	4,695,412	12,154,677	4,703,969
Selling and marketing expenses	6,271,708	5,544,230	12,798,524	6,844,089
General and administrative expenses	6,540,218	11,402,522	14,479,799	17,350,868
Total expenses, net	12,811,926	16,946,752	27,278,323	24,194,957
Loss from operations	(6,235,299)	(12,251,340)	(15,123,646)	(19,490,988)
Other income / (expense)
Interest expense, net	(1,227,650)	(1,218,732)	(2,015,504)	(1,939,353)
Gain on extinguishment of debt	-	1,201,857	—	1,201,857
Other income	-	-	—	—
Total other expense, net	(1,227,650)	(16,875)	(2,015,504)	(737,496)
Net loss	(7,462,949)	(12,268,215)	(17,139,150)	(20,228,484)
Other comprehensive loss:
Other comprehensive income (loss):	—	4,653	—	62,147
Net comprehensive loss attributed to common stockholders	$(7,462,949)	$(12,263,562)	$(17,139,150)	$(20,166,337)
Net loss per share - basic and diluted	$(0.08)	$(0.14)	$(0.18)	$(0.24)
Weighted average number of common shares outstanding – basic and diluted	99,445,289	86,621,015	97,261,721	84,843,914

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.