SKYX Platforms Corp

For the period ended Sep 30, 2024. Filed Nov 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.

Sep 30, 2024 · Filed Nov 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

SKYX Platforms Corp.

Consolidated Statements of Operations and Comprehensive Loss

	For the three-months ended September 30,		For the nine-months ended September 30,
	2024	2023	2024	2023
Revenue	22,168,919	21,617,579	$62,592,888	$36,611,659
Cost of revenues	15,327,319	14,917,493	43,596,611	25,207,604
Gross profit loss	6,841,600	6,700,086	18,996,277	11,404,055
Selling and marketing expenses	6,275,742	5,702,647	19,074,266	12,546,736
General and administrative expenses	8,171,293	7,519,042	22,651,096	24,869,910
Total expenses, net	14,447,035	13,221,689	41,725,362	37,416,646
Loss from operations	(7,605,435)	(6,521,603)	(22,729,085)	(26,012,591)
Other income / (expense)
Interest expense, net	(1,015,871)	(662,173)	(3,031,371)	(2,601,526)
Gain on extinguishment of debt	—	—	—	1,201,857
Total other expense, net	(1,015,871)	(662,173)	(3,031,371)	(1,399,669)
Net loss	(8,621,306)	(7,183,776)	(25,760,456)	(27,412,260)
Other comprehensive loss:
Other comprehensive income (loss):	—	—	—	62,147
Net comprehensive loss attributed to common stockholders	$(8,621,306)	$(7,183,776)	$(25,760,456)	$(27,350,113)
Net loss per share - basic and diluted	$(0.08)	$(0.08)	$(0.25)	$(0.31)
Weighted average number of common shares outstanding – basic and diluted	103,507,590	91,081,313	101,481,416	87,055,643

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.