SKYX Platforms Corp. (SKYX)

SKYX Platforms Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	12.85	12.64	16.81	6.72	10.43	2.31
Short-Term Investments	-	-	-	7.37	-	-
Cash & Short-Term Investments	12.85	12.64	16.81	14.09	10.43	2.31
Cash Growth	20.23%	-24.81%	19.27%	35.18%	351.57%	23.22%
Receivables	2.33	2.42	3.38	-	-	0
Inventory	3.1	3.79	3.43	1.92	0.92	0.92
Prepaid Expenses	2.15	1.31	0.72	0.31	0.04	-
Restricted Cash	-	-	2.75	-	-	-
Other Current Assets	-	0.22	0.22	-	-	-
Total Current Assets	20.43	20.37	27.32	16.33	11.39	3.23
Property, Plant & Equipment	20.62	21.1	21.65	23.26	0.03	0.07
Goodwill	16.16	16.16	16.16	-	-	-
Other Intangible Assets	4.17	5.19	8.14	0.66	0.54	0.4
Other Long-Term Assets	3.07	3.07	3.07	2.92	0	0
Total Assets	64.44	65.89	76.34	43.18	11.95	3.7
Accounts Payable	15.4	10.26	11.51	1.37	0.51	1.01
Accrued Expenses	0.8	3.78	1.67	3.22	1.72	0.86
Current Portion of Long-Term Debt	7.95	8.25	6.9	1.71	0.4	0.34
Current Portion of Leases	2.48	2.35	1.9	1.13	-	-
Current Unearned Revenue	2.4	1.5	1.48	-	-	-
Other Current Liabilities	-	-	0.73	-	-	-
Total Current Liabilities	29.04	26.14	24.19	7.42	2.63	2.21
Long-Term Debt	8.66	8.38	6.78	4.87	6.79	6.54
Long-Term Leases	19.11	20.38	22.27	22.76	-	-
Other Long-Term Liabilities	1.94	1.94	6.88	-	2.64	3.84
Total Liabilities	58.75	56.83	60.12	35.05	12.06	12.59
Common Stock	191.67	179.84	162.03	114.04	70.88	34.35
Additional Paid-In Capital	-	-	-	-	-	13.76
Retained Earnings	-200.15	-181.78	-145.8	-106.07	-74.27	-68.41
Comprehensive Income & Other	-	-	-	-0.06	-	8.09
Total Common Equity	-8.48	-1.95	16.22	7.91	-3.39	-12.21
Minority Interest	-	-	-	-	-0.04	-0.04
Shareholders' Equity	5.69	9.05	16.22	8.13	-0.11	-8.88
Total Liabilities & Equity	64.44	65.89	76.34	43.18	11.95	3.7
Total Debt	38.2	39.36	37.84	30.46	7.2	6.88
Net Cash (Debt)	-25.36	-26.72	-21.03	-16.37	3.23	-4.57
Net Cash Per Share	-0.24	-0.27	-0.24	-0.21	0.05	-0.07
Filing Date Shares Outstanding	111.45	104.47	96.87	83.12	77.09	61.9
Total Common Shares Outstanding	110.78	103.36	93.47	82.91	66.3	61.9
Working Capital	-8.61	-5.76	3.13	8.91	8.75	1.02
Book Value Per Share	-0.08	-0.02	0.17	0.10	-0.05	-0.20
Tangible Book Value	-28.81	-23.29	-8.08	7.24	-3.93	-12.62
Tangible Book Value Per Share	-0.26	-0.23	-0.09	0.09	-0.06	-0.20
Machinery	0.92	1.73	1.08	0.64	0.38	0.38
Leasehold Improvements	0.36	0.36	0.03	0.03	0.03	0.03

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q