SkyAI, Inc. Warrant (SKYAW) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SKYAW SEC filings page.
SkyAI, Inc. Warrant (SKYAW) reported $204K in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Capital funding rather than operating scale dominates the reported business: a large asset base supports minimal revenue and heavy investment outflows.
In FY2025, investing cash outflows reached$187.5M while financing cash inflows were$215.5M and operating cash flow was-$11.0M . That combination indicates the reported expansion of the asset base was funded primarily through external capital, not cash generated by operations.
The balance-sheet scale is disconnected from operating activity:
Reported liabilities were only
Financial Health Signals
SkyAI, Inc. Warrant does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
SkyAI, Inc. Warrant passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
SkyAI, Inc. Warrant reported a net loss of $282.5M while operations used $11.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
SkyAI, Inc. Warrant reported an operating loss of $269.7M against $417K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
SkyAI, Inc. Warrant's EBITDA was -$23.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1607.3% from the same quarter a year earlier. Against the prior quarter it is up 72.9%.
SkyAI, Inc. Warrant reported -$23.3M in net income in Q2 2026. This represents a decrease of 754.1% from the same quarter a year earlier. Against the prior quarter it is up 73.0%.
SkyAI, Inc. Warrant earned -$0.32 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 73.1%.
Not reported for Q2 2026.
Cash & Balance Sheet
SkyAI, Inc. Warrant held $12.1M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
SkyAI, Inc. Warrant's ROE was -14.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 39.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 33.4 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
SkyAI, Inc. Warrant invested $283K in research and development in Q2 2026. This represents an increase of 360.8% from the same quarter a year earlier. Against the prior quarter it is up 106.5%.
SkyAI, Inc. Warrant spent $423K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 73.4%.
Not reported for Q2 2026.
SKYAW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $193K | N/A | $84K | $136K | N/A | N/A | N/A |
| Cost of Revenue | $284K+91.2% | $203K | N/A | $1.3M | $149K | N/A | N/A | N/A |
| Gross Profit | -$284K-2166.6% | -$10K | N/A | -$1.2M | -$13K | N/A | N/A | N/A |
| R&D Expenses | $283K+360.8% | $137K+67.2% | N/A | $152K+4.5% | $61K-65.9% | $82K-58.5% | N/A | $146K-35.3% |
| SG&A Expenses | $5.2M+265.9% | $5.1M+270.4% | N/A | $110.7M+5822.1% | $1.4M-18.9% | $1.4M-17.1% | N/A | $1.9M-12.4% |
| Operating Income | -$23.4M-1542.8% | -$86.3M-6223.1% | N/A | -$102.6M-4993.5% | -$1.4M+25.9% | -$1.4M+26.0% | N/A | -$2.0M+14.6% |
| EBITDA | -$23.4M-1607.3% | -$86.2M-6487.5% | N/A | -$102.3M-5520.7% | -$1.4M+20.8% | -$1.3M+20.6% | N/A | -$1.8M+15.4% |
| Interest Expense | $77K-20.8% | $10K+101.6% | N/A | $68K+196.6% | $97K-90.3% | -$627K-3396.0% | N/A | -$71K-502.4% |
| Net Income | -$23.3M-754.1% | -$86.2M-4571.1% | N/A | -$105.3M-6151.0% | $3.6M+269.3% | $1.9M+296.3% | N/A | -$1.7M+16.7% |
| EPS (Basic) | -$0.32-108.9% | -$1.19-103.1% | N/A | -$4.33-240.9% | $3.58+100.6% | $38.63+111.1% | -$2.87+20.3% | -$1.27+66.3% |
| EPS (Diluted) | -$0.32 | -$1.19 | $0.63 | -$4.33 | $3.58 | $38.63 | -$2.87+20.3% | -$379.55 |
| Diluted Shares (Avg) | 72M | 73M | N/A | 24M | 995,212 | 49,938 | N/A | 4,440 |
Not reported in any period shown, so not listed: Income Tax.
SKYAW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $160.4M+838.5% | $181.0M+856.9% | $269.1M+3579.0% | $444.0M+3844.9% | $17.1M+72.0% | $18.9M+92.9% | $7.3M-38.0% | $11.3M-21.7% |
| Current Assets | $15.5M+48.0% | $18.4M+29.0% | $18.9M+494.9% | $39.7M+752.1% | $10.5M+197.2% | $14.2M+343.7% | $3.2M-34.4% | $4.7M-32.9% |
| Cash & Equivalents | $12.1M+45.0% | $12.3M+3.6% | $10.4M+1275.6% | $10.5M+325.4% | $8.3M+461.1% | $11.9M+920.2% | $755K-74.9% | $2.5M-55.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $173K-89.4% | $458K-77.7% | $645K+19.8% | $745K-63.1% | $1.6M-13.5% | $2.1M+11.6% | $539K-68.5% | $2.0M+56.9% |
| Accounts Receivable | N/A | N/A | N/A | N/A | $136K | N/A | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.1M+20.6% | $2.2M-74.7% | $4.7M-11.7% | $10.7M+126.3% | $2.5M-6.2% | $8.8M+198.3% | $5.3M+37.9% | $4.7M+25.7% |
| Current Liabilities | $2.9M+20.3% | $2.2M-74.3% | $4.7M-9.5% | $10.6M+131.4% | $2.4M-5.5% | $8.6M+211.0% | $5.2M+40.4% | $4.6M+28.0% |
| Non-Current Liabilities | $167K+26.5% | $0-100.0% | $0-100.0% | $132K-18.5% | $132K-18.5% | $132K-18.5% | $132K-18.5% | $162K-15.6% |
| Total Equity | $157.3M+981.7% | $178.8M+1664.0% | $264.4M+13144.6% | $433.2M+6559.0% | $14.5M+101.5% | $10.1M+47.7% | $2.0M-74.8% | $6.5M-38.6% |
| Retained Earnings | -$426.5M-1372.8% | -$403.2M-1139.9% | -$316.9M-820.1% | -$134.3M-348.8% | -$29.0M-2.6% | -$32.5M-24.4% | -$34.4M-37.0% | -$29.9M-35.7% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
SKYAW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.0M-248.6% | -$2.7M-88.8% | $753K-2.3% | -$9.5M-476.0% | -$859K+47.6% | -$1.4M+25.0% | $771K+132.6% | -$1.6M+18.4% |
| Depreciation & Amortization | $23K-58.3% | $22K-59.5% | -$284K+47.9% | $307K+57.7% | $55K-71.5% | $55K-71.8% | -$545K-341.3% | $194K-6.2% |
| Stock-Based Compensation | $2.2M+663.7% | $2.2M+4924.9% | N/A | $3.3M+2742.3% | $288K+42.7% | $44K-64.9% | N/A | $116K |
| Capital Expenditures | N/A | N/A | N/A | $1.4M+2766.7% | $1.9M+11227.4% | $90K+3069.9% | $69K | $50K |
| Free Cash Flow | N/A | N/A | N/A | -$10.9M-544.0% | -$2.7M-64.8% | -$1.5M+20.3% | $702K | -$1.7M |
| Investing Cash Flow | $3.2M+313.2% | $9.3M+2061.1% | $2.0M+2747.1% | -$187.5M-372725.8% | -$1.5M-46.2% | -$474K-16507.9% | $70K+126.1% | -$50K+43.4% |
| Financing Cash Flow | -$423K | -$4.7M-133.5% | $4.8M+2297.9% | $196.8M+7093.1% | $0-100.0% | $14.0M+3523392.7% | $199K | $2.7M-42.9% |
| Share Buybacks | $423K | $1.6M | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
SKYAW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | -5.1% | N/A | -1398.7% | -9.2% | N/A | N/A | N/A |
| Operating Margin | N/A | -44748.4% | N/A | -122747.9% | -1046.2% | N/A | N/A | N/A |
| Net Margin | N/A | -44734.5% | N/A | -125963.6% | 2615.6% | N/A | N/A | N/A |
| Return on Equity | -14.8%-39.3pp | -48.2%-67.3pp | N/A | -24.3%+1.6pp | 24.5%+53.6pp | 19.0%+33.4pp | N/A | -25.9%-6.8pp |
| Return on Assets | -14.5%-35.4pp | -47.6%-57.9pp | N/A | -23.7%-8.8pp | 20.8%+42.0pp | 10.2%+20.2pp | N/A | -15.0%-0.9pp |
| Current Ratio | 5.35+1.0x | 8.28+6.6x | 4.02+3.4x | 3.74+2.7x | 4.35+3.0x | 1.65+0.5x | 0.61-0.7x | 1.01-0.9x |
| Debt-to-Equity | 0.02-0.2x | 0.01-0.9x | 0.02-2.6x | 0.02-0.7x | 0.18-0.2x | 0.87+0.4x | 2.66+2.2x | 0.73+0.4x |
| Asset Turnover | N/A | 0.00 | N/A | 0.00 | 0.01 | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | -13045.2% | -2005.1% | N/A | N/A | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Where SkyAI, Inc. Warrant Ranks
Frequently Asked Questions
What is SkyAI, Inc. Warrant's annual revenue?
SkyAI, Inc. Warrant (SKYAW) reported $204K in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is SkyAI, Inc. Warrant profitable?
No, SkyAI, Inc. Warrant (SKYAW) reported a net income of -$282.5M in fiscal year 2025.
What is SkyAI, Inc. Warrant's EBITDA?
SkyAI, Inc. Warrant (SKYAW) had EBITDA of -$269.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is SkyAI, Inc. Warrant's gross margin?
SkyAI, Inc. Warrant (SKYAW) had a gross margin of 2.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is SkyAI, Inc. Warrant's return on equity (ROE)?
SkyAI, Inc. Warrant (SKYAW) has a return on equity of -106.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is SkyAI, Inc. Warrant's operating cash flow?
SkyAI, Inc. Warrant (SKYAW) recorded an outflow of $11.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are SkyAI, Inc. Warrant's total assets?
SkyAI, Inc. Warrant (SKYAW) had $269.1M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does SkyAI, Inc. Warrant spend on research and development?
SkyAI, Inc. Warrant (SKYAW) invested $199K in research and development during fiscal year 2025.
What is SkyAI, Inc. Warrant's current ratio?
SkyAI, Inc. Warrant (SKYAW) had a current ratio of 4.02 as of fiscal year 2025, which is generally considered healthy.
What is SkyAI, Inc. Warrant's debt-to-equity ratio?
SkyAI, Inc. Warrant (SKYAW) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is SkyAI, Inc. Warrant's return on assets (ROA)?
SkyAI, Inc. Warrant (SKYAW) had a return on assets of -105.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does SkyAI, Inc. Warrant's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, SkyAI, Inc. Warrant (SKYAW) held $10.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $11.0M over that year. Dividing the one by the other, the reported balance equals about 11 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is SkyAI, Inc. Warrant's Piotroski F-Score?
SkyAI, Inc. Warrant (SKYAW) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SkyAI, Inc. Warrant's earnings high quality?
SkyAI, Inc. Warrant (SKYAW) reported a net loss of $282.5M while operations used $11.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can SkyAI, Inc. Warrant cover its interest payments?
SkyAI, Inc. Warrant (SKYAW) reported an operating loss of $269.7M against $417K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.