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SKY CENTURY INV INC 10-Q Filings

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Every 10-Q that SKY CENTURY INV INC (SKYI) 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 SKYI 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 SKYI filings page.

Rhea-AI Summary

Sky Century Investment, Inc. reported for the quarter ended May 31, 2026 revenue of $38,342 and a net loss of $4,347. For the nine months, revenue was $94,820 with a net loss of $26,973, a much smaller loss than the prior-year period. Revenue is driven mainly by RSS feeds and podcasts, which contributed 72% of nine‑month sales, with IT services providing the remaining 28%.

Total assets were $128,573, including $115,499 of net intangible assets, against total liabilities of $356,253, leaving a stockholders’ deficit of $227,680. Cash was only $264 and the working capital deficit was $343,179. Operations used $63,265 of cash over nine months, funded by $111,132 from common stock issuance and related-party loans. The company discloses an accumulated deficit of $949,664 and states that these conditions raise substantial doubt about its ability to continue as a going concern. Management also concludes disclosure controls and procedures were not effective.

Rhea-AI Summary

Sky Century Investment, Inc. reported six-month revenue of $56,478 through February 28, 2026, up sharply from the prior year as it expanded IT services and sales of cannabis-focused RSS feeds and podcast links. For the same period, the company recorded a net loss of $22,300, narrowing from a larger loss last year.

Total assets were $108,586, largely intangible software and database assets, against current liabilities of $416,593, resulting in a working capital deficit of $411,733 and an accumulated deficit of $944,991. Management states there is substantial doubt about the company’s ability to continue as a going concern and notes reliance on related-party loans and potential new investors for funding.

During the quarter, FINRA processed a 1-for-100 reverse stock split, leaving 2,235,477 common shares outstanding as of April 14, 2026. Disclosure controls and procedures were deemed not effective, although no material changes in internal control over financial reporting were identified.

Rhea-AI Summary

Sky Century Investment, Inc. reported a small but meaningful start to revenue generation for the quarter ended November 30, 2025, while remaining deeply constrained financially. The company generated $13,152 in revenue, all from new IT services and RSS feeds activity, compared with no revenue in the same quarter a year earlier. Cost of revenues was $18,459, leading to a negative gross profit.

Operating expenses were $22,906, down from $30,334 a year ago, as professional fees declined. The quarterly net loss narrowed to $28,213 from $41,628. Cash at quarter-end was only $467, with a working capital deficit of $423,226 and total liabilities of $427,443 against total assets of $113,523.

Management highlights “substantial doubt” about the company’s ability to continue as a going concern, noting continued losses, a cumulative deficit of $950,904, and dependence on related-party loans and shareholder support. The business now focuses on IT services, RSS feeds and podcasts tied to the cannabis industry, while its Cannabis News app and broader marketing services remain pre-revenue.