Every 10-Q that SAKER AVIATION SVCS (SKAS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SKAS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SKAS filings page.
Saker Aviation Services, Inc. reported that for the six months ended June 30, 2026 it generated $30,000 of revenue entirely from new strategic financial advisory services, compared with $1,260,756 a year earlier when it still operated the Downtown Manhattan Heliport. The company recorded a six‑month net loss of $244,510, an improvement from a net loss of $780,939 in the prior‑year period, driven mainly by sharply lower selling, general and administrative expenses, which fell to $383,185 from $1,376,364.
As of June 30, 2026, Saker reported $4,249,563 in cash and cash equivalents, U.S. Treasury investments of $3,755,580, total assets of $8,653,820 and total liabilities of $159,753, resulting in stockholders’ equity of $8,494,067. The company highlighted a working capital surplus of $8,494,067 and no borrowings under its $500,000 Key Bank revolving credit facility. It has a Covenant Not to Compete Agreement requiring payments totaling $276,923 over 18 months and disclosed ongoing litigation in New York related to the prior heliport concession. Management concluded internal control over financial reporting was not effective due to a material weakness linked to governance structure and limited segregation of duties and is pursuing remediation, including establishing an audit committee.
Saker Aviation Services (SKAS) filed an amended Q3 2025 report showing a sharp operational downturn after losing its Downtown Manhattan Heliport concession effective March 29, 2025. With operations halted, Q3 revenue was $0 and the company posted a net loss of $163,931 (basic and diluted loss per share $(0.16)).
For the nine months ended September 30, 2025, revenue was $1,260,756 versus $6,466,973 a year ago, and net loss was $944,870 versus net income of $736,868 in 2024. SG&A for Q3 was $264,319, partially offset by other income of $100,388 including interest income of $90,008.
Liquidity remains solid: cash and cash equivalents were $4,790,773 and U.S. Treasury investments were $3,669,746 (Level 2) as of September 30, 2025. Working capital surplus was $8,812,218. The company recorded a non-compete arrangement totaling $276,923 payable over 18 months starting April 2025. Shares outstanding were 997,182 as of November 7, 2025.
Saker Aviation Services (SKAS) filed its Q3 2025 10‑Q, reflecting a halt in operations and sharply weaker results. The Downtown Manhattan Heliport concession was terminated effective March 29, 2025, and the company reports Q3 revenue of $0 and a Q3 net loss of $163,931.
For the nine months ended September 30, 2025, revenue was $1,260,756 versus $6,466,973 a year ago, with a net loss of $944,870. SG&A totaled $1,640,683, which the company attributes in part to a one‑time deferred compensation charge tied to a Covenant Not To Compete. Other income included $250,505 of interest and $38,287 in gains on investments. Cash and cash equivalents were $4,790,773 and working capital surplus was $8,812,218 as of September 30, 2025. The company states it had no operations in Q2 and Q3 2025 and is reviewing alternative business activities as a new source of revenue. Shares outstanding were 997,182 as of November 7, 2025.