Every 8-K that SKYX Platforms (SKYX) 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 8-K covers material events a company has to report between its quarterly reports, so if you follow SKYX 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 SKYX filings page.
SKYX Platforms Corp. reported record second-quarter 2026 revenue of $25.3 million, a 14% increase from $22.1 million in Q1 2026 and a 10% increase from $23.1 million in Q2 2025, marking 10 consecutive quarters of year-over-year growth. First-half 2026 revenue was $47.4 million versus $43.2 million in 2025.
Gross profit was $7.3 million in Q2 2026 and $13.9 million for the first half, up 4% and 10% year over year, respectively. The company still posted a Q2 net loss of $8.2 million and a first-half net loss of $17.5 million, with adjusted EBITDA loss of $3.5 million for Q2 and $7.4 million for the first half.
Cash and cash equivalents increased to $25.7 million (and $27.7 million including restricted cash) as of June 30, 2026, helped by $29.0 million in common stock offering proceeds. Management reports a 39% reduction in cash used in operating activities in Q2 versus Q1 and states it believes available cash is sufficient to achieve goals including becoming cash flow positive as it exits 2026. The company highlights expanding hotel and builder projects in the U.S., Europe, and the Middle East and ongoing efforts toward safety-code standardization of its ceiling outlet technology.
SKYX Platforms Corp. reported results of its 2026 Annual Meeting of Stockholders held on July 8, 2026 in Pompano Beach, Florida. Stockholders elected seven directors—Rani R. Kohen, Nancy DiMattia, Gary N. Golden, Efrat L. Greenstein Brayer, Thomas J. Ridge, Dov Shiff, and Leonard J. Sokolow—to serve until the next annual meeting or until their successors are elected and qualified.
Stockholders also ratified the appointment of M&K CPAS, PLLC as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 72,278,473 votes for, 1,448,989 against, and 56,370 abstentions. In addition, an advisory, non-binding proposal approving the compensation of the company’s named executive officers received 41,537,196 votes for, 4,842,489 against, 643,946 abstentions, and 26,760,201 broker non-votes.
SKYX Platforms Corp. reported first-quarter 2026 results with record revenue of about $22.1 million, a 10% increase from $20.1 million a year earlier. Gross profit rose to $7.0 million and gross margin improved to 30% from 28%, reflecting better profitability on sales.
The company remained unprofitable, posting a net loss of roughly $9.3 million, or $0.07 per share, slightly better than $0.09 per share in 2025. Adjusted EBITDA loss was about $3.9 million. Cash, cash equivalents and restricted cash increased sharply to approximately $32.3 million, driven by $29 million of straight equity raised in January.
Operationally, SKYX highlighted ongoing expansion in hotel and builder segments, new agreements with European developer Group OTT, and retail launches of its SKYFAN and Turbo Heater products at major U.S. chains. Management also pointed to an NVIDIA AI collaboration and continued efforts to make its ceiling outlet technology a mandated safety standard.
SKYX Platforms Corp. reported record 2025 revenue of $92.0 million, up from $86.3 million, with fourth-quarter revenue of $25 million. Gross profit rose to $28 million from $25 million, improving margin slightly to 30% of revenue from 29%.
The company reduced cash used in operating activities to $13 million in 2025 from $18 million, and net loss per share narrowed to $0.32 from $0.36. However, accumulated deficit increased to $216.3 million and stockholders’ equity moved to a deficit of $4.6 million. Year-end cash, cash equivalents and restricted cash totaled $10.1 million, supplemented by a subsequent $29 million equity raise in January 2026. SKYX also extended and converted $13.5 million of notes to a 2030 maturity and highlighted growth initiatives in smart home products, major retail channels, AI-driven e-commerce and collaborations, including the NVIDIA AI Ecosystem Connect Program.
SKYX Platforms Corp. entered into a securities purchase agreement with an institutional investor for a registered direct offering of 10,000,000 shares of common stock at $2.50 per share. This pricing implies aggregate gross proceeds of about $25.0 million before fees and expenses, giving the company additional cash it plans to use for working capital and other general corporate purposes.
The offering is expected to close on January 26, 2026, subject to customary closing conditions, and is being made under an effective Form S-3 shelf registration and prospectus supplement. For 90 days after closing, the company generally may not issue or agree to issue additional common stock or equivalents, or file new registration statements, with certain exceptions. Roth Capital Partners, LLC is acting as exclusive placement agent on a best efforts basis and will receive a cash fee equal to 6.5% of the gross proceeds plus $75,000 for expenses.
SKYX Platforms Corp. entered into a Securities Purchase Agreement with a new strategic investor and closed on gross proceeds of $4,000,000. The investor purchased 2,000,000 shares of SKYX common stock at a price of $2.00 per share, providing new equity capital to the company.
The company states that it intends to use the proceeds for working capital and other general corporate purposes. The issuance was made in a private transaction exempt from registration under Section 4(a)(2) of the Securities Act, including Regulation D and Rule 506.
SKYX Platforms Corp. filed an 8-K stating it furnished an earnings press release for the quarter ended September 30, 2025. The press release is attached as Exhibit 99.1 dated November 12, 2025 and is incorporated by reference.
The company notes the information in Item 2.02 and Exhibit 99.1 is furnished and not deemed filed under the Exchange Act. The filing was signed by CEO Leonard J. Sokolow. SKYX’s common stock trades on Nasdaq under ticker SKYX.
SKYX Platforms Corp. restructured its debt and raised new capital. The company extended the maturity of four outstanding convertible promissory notes with an aggregate principal balance of $7.6 million by five years to October 17, 2030, and secured $2 million of additional capital from an existing lead investor. Following these actions, the company will have a total of $9.6 million in five-year subordinated secured convertible promissory notes, comprised of a new $8.9 million note and amendments to two notes totaling $700,000. The incremental proceeds are designated for general working capital.
The notes are convertible at $1.20 per share, bear 7% interest payable quarterly in cash and an additional 3% payable quarterly in cash or stock upon repayment or conversion, for a total accrual of 10% per annum. The transaction includes customary registration rights and beneficial ownership limits that cap conversions at 4.99% or 9.99% at the holder’s election. The issuance and amendments were conducted as a private placement under Section 4(a)(2) and Regulation D Rule 506.
SKYX Platforms Corp. reported a planned leadership change under its succession and transition plan. Effective September 30, 2025, Co-Chief Executive Officer John Campi retired from his role. Leonard (Lenny) Sokolow, who had been serving as Co-CEO, will continue as the sole Chief Executive Officer of the company. Campi remains an investor, will continue as a shareholder, and may assist the company if needed, indicating an orderly transition rather than an abrupt departure.
SKYX Platforms Corp. restructured its debt and raised new capital by entering into a new subordinated secured convertible promissory note with a total principal of $6 million on September 2, 2025. This combines the extension of two existing notes and fresh investment from a lead existing investor.
The company extended the maturity of $2.75 million of existing convertible notes by five years to September 2, 2030 and obtained an additional $3.25 million for general working capital. The note bears total interest of 10% per year and is convertible at $1.20 per share, with conversion limited to keep the holder below 4.99% or 9.99% ownership, at the holder’s election.
SKYX Platforms Corp. furnished a Current Report disclosing that it issued a press release announcing its financial results for the quarter ended June 30, 2025, and furnished that press release as Exhibit 99.1 to the report.
The filing states the exhibit and the information in Item 2.02 are being furnished under SEC rules and therefore are not deemed "filed" for purposes of Section 18 of the Exchange Act and will not be incorporated by reference in other filings except by specific reference. The report does not include the substance of the press release text or financial figures within the body of the filing.