Every 10-Q that SKKYNET CLOUD SYSTEMS INC (SKKY) 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 SKKY 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 SKKY filings page.
Skkynet Cloud Systems, Inc. reported a net loss for the quarter and six months ended April 30, 2026 as revenue softened and costs rose. Quarterly revenue was $606,106, up slightly from 2025, but six‑month revenue fell to $1,155,499, an 18% decrease year over year as the company shifted from perpetual to subscription licenses and saw lower Cogent sales.
The company posted a net loss of $109,392 for the quarter and $335,901 for the six months, versus a small profit in the prior‑year six‑month period. Operating expenses rose to $1,642,492 for six months, driven by higher advertising and additional staff, while cash used in operations was $280,443, reversing prior‑year positive cash flow.
Liquidity remains supported by $1,339,191 of cash and $1,003,773 of working capital, but stockholders’ equity declined to $837,000. The company received a $146,232 tax refund and drew $166,773 on a FedDev Ontario initiative loan, repayable over five years starting in 2030. Management again identified material weaknesses in internal control over financial reporting due to limited accounting resources.
Skkynet Cloud Systems, Inc. reported weaker results for the quarter ended January 31, 2026. Revenue was $549,393, down from $828,052 a year earlier, a 34% decline driven by lower Cogent sales and a shift from perpetual to subscription licenses.
The company swung from operating income of $198,237 in the prior-year quarter to an operating loss of $217,215, and from net income of $229,063 to a net loss of $226,509. Cash and cash equivalents were $1,390,791, with working capital of $868,843, but operating activities used $42,643 of cash versus providing $157,268 a year earlier.
Management highlights growing subscription revenue—up to $73,337 from $19,763—and notes a FedDev Ontario Industrial AI initiative loan of up to $750,000, with a subsequent payment of CDN $187,209 authorized after quarter-end. The company also discloses continuing material weaknesses in internal control over financial reporting due to limited accounting staff and processes.
Skkynet Cloud Systems, Inc. (SKKY) reported limited disclosures in this 10-Q excerpt. The company has 70,000,000 authorized shares with 53,143,822 issued and outstanding. For the nine months ended July 31, 2025, the company recorded a $13,631 credit loss compared with none in the prior-year period. An agreement with Cogent involved a $30,000 payment that Cogent elected to forgo, allowing Real Innovations to offset future expenses; there is no ongoing royalty or other compensation owed under that Assignment Agreement. Stock options described carry exercise prices of $0.41 to $0.88, an expected term of 10 years, and are expensed over a 5-year period with 20% expensed at issuance and 20% in each subsequent year. The filing includes a signature dated September 15, 2025.