SKYX Platforms Corp.
For the period ended Mar 31, 2025. Filed May 14, 2025.
View on SEC.govAbout 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.
Mar 31, 2025 · Filed May 14, 2025
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 (Unaudited)
Consolidated Statements of Operations
| For the three months ended , | ||
|---|---|---|
| March 31, 2025 | March 31, 2024 | |
| Revenue | $20,113,938 | $18,977,821 |
| Operating Costs | ||
| Cost of revenues | 14,402,488 | 13,399,771 |
| Selling and marketing expenses | 6,827,420 | 6,526,816 |
| General and administrative expenses | 6,597,055 | 7,939,581 |
| Total operating expenses, net | 27,826,963 | 27,866,168 |
| Loss from operations | (7,713,025) | (8,888,347) |
| Other income / (expense) | ||
| Interest expense, net | (1,321,353) | (770,104) |
| Interest expense, net related parties | (17,750) | (17,750) |
| Total other expense, net | (1,339,103) | (787,854) |
| Net loss | (9,052,128) | (9,676,201) |
| Preferred dividends - related party | (10,000) | - |
| Preferred dividends | (209,148) | - |
| Net loss attributed to common stockholders | $(9,271,276) | $(9,676,201) |
| Net loss per share - basic and diluted | $(0.09) | $(0.10) |
| Weighted average number of common shares outstanding - basic and diluted | 103,548,494 | 95,091,003 |
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