SKYX on Nasdaq
SKYX Platforms Corp.
American electric lighting and wiring equipment company based in Pompano Beach. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with ORION ENERGY SYSTEMS, INC., CCSC Technology International Holdings Ltd or LSI INDUSTRIES INC, or pick any stock.
- TickerSKYX on Nasdaq1
- IndustryElectric Lighting & Wiring Equipment1
- HeadquartersPompano Beach, Florida1
- Incorporated inFL2
- Business address2855 W. Mcnab Road, Pompano Beach, Fl 330692
- Filer categoryNon-accelerated filer, Smaller reporting company2
- Legal formCorporation
See how the biggest companies compare on our leaderboards
App allows scheduling, energy saving-eco mode, dimming, back-up emergency light, night light, light color changing and much more.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue70¢$64.2M
- Other costs30¢$27.8M
Out of $92.0M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $92.0M | $86.3M |
| Cost of revenues | $64.2M | $61.7M |
| Selling and marketing expenses | $25.7M | $25.4M |
| General and administrative expenses | $31.2M | $31.4M |
| Total expenses, net | $121.1M | $118.4M |
| Loss from operations | -$29.1M | -$32.1M |
| Interest expense - related party | $119.5K | $151.9K |
| Interest expense, net | $4.2M | $3.9M |
| Gain on extinguishment of debt | -$400.0K | |
| Total other expenses, net | $4.3M | $3.7M |
| Net loss | -$33.4M | -$35.8M |
| Preferred dividends - related party | $80.0K | $20.0K |
| Preferred dividends | $979.2K | $192.7K |
| Net loss attributed to common stockholders | -$34.5M | -$36.0M |
| Net loss per share - basic | -$0.32 | -$0.36 |
| Net loss per share - diluted | -$0.32 | -$0.36 |
| Weighted average number of common shares outstanding - basic | 108.8M shares | 99.8M shares |
| Weighted average number of common shares outstanding - diluted | 108.8M shares | 99.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2024-01-31 | 2022-09-30 | 2022-04-30 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $8.1M | $12.6M | |||
| Accounts receivable | $1.9M | $2.4M | |||
| Inventory | $4.3M | $3.8M | |||
| Deferred cost of revenues | $223.2K | ||||
| Prepaid expenses and other assets | $1.2M | $1.3M | |||
| Total current assets | $15.4M | $20.4M | |||
| Property and equipment, net | $1.3M | $545.3K | |||
| Restricted cash | $2.0M | $2.9M | |||
| Right of use assets | $17.5M | $19.8M | $662.7K | $22.2M | $1.4M |
| Intangibles, definite life | $5.1M | $6.0M | |||
| Goodwill | $16.2M | $16.2M | |||
| Other assets | $205.0K | $204.8K | |||
| Total long term assets | $42.3M | $45.5M | |||
| Total assets | $57.7M | $65.9M | |||
| Accounts payable and accrued expenses | $16.0M | $13.2M | |||
| Notes payable | $356.5K | $4.0M | |||
| Operating lease liabilities | $2.6M | $2.4M | |||
| Royalty obligations | $1.3M | $800.0K | |||
| Deferred revenues | $2.1M | $1.5M | |||
| Total current liabilities | $24.6M | $26.1M | |||
| Long term accounts payable | $552.4K | $1.0M | |||
| Notes payable | $145.0K | $504.1K | |||
| Operating lease liabilities | $17.8M | $20.4M | |||
| Royalty obligations | $900.0K | ||||
| Convertible notes | $14.2M | $7.9M | |||
| Total long-term liabilities | $32.7M | $30.7M | |||
| Total liabilities | $57.3M | $56.8M | |||
| Series A Preferred Stock-shares authorized 400,000, outstanding 200,000 and 200,000 | $5.0M | $5.0M | |||
| Common stock and additional paid-in-capital: shares authorized 500,000,000 outstanding 117,666,800 and 103,358,975 | $203.0M | $179.8M | |||
| Accumulated deficit | -$216.3M | -$181.8M | |||
| Total stockholders equity (deficit) | -$4.6M | $4.1M | |||
| Total Liabilities and Stockholders Equity (deficit) | $57.7M | $65.9M | |||
| Common stock, shares authorized | 500.0M shares | 500.0M shares | |||
| Common stock, shares outstanding | 117.7M shares | 103.4M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-01-31 | 2022-09-30 | 2022-04-30 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $8.1M | $12.6M | |||
| Accounts receivable | $1.9M | $2.4M | |||
| Inventory | $4.3M | $3.8M | |||
| Deferred cost of revenues | $223.2K | ||||
| Prepaid expenses and other assets | $1.2M | $1.3M | |||
| Total current assets | $15.4M | $20.4M | |||
| Property and equipment, net | $1.3M | $545.3K | |||
| Restricted cash | $2.0M | $2.9M | |||
| Right of use assets | $17.5M | $19.8M | $662.7K | $22.2M | $1.4M |
| Intangibles, definite life | $5.1M | $6.0M | |||
| Goodwill | $16.2M | $16.2M | |||
| Other assets | $205.0K | $204.8K | |||
| Total long term assets | $42.3M | $45.5M | |||
| Total assets | $57.7M | $65.9M | |||
| Accounts payable and accrued expenses | $16.0M | $13.2M | |||
| Notes payable | $356.5K | $4.0M | |||
| Operating lease liabilities | $2.6M | $2.4M | |||
| Royalty obligations | $1.3M | $800.0K | |||
| Deferred revenues | $2.1M | $1.5M | |||
| Total current liabilities | $24.6M | $26.1M | |||
| Long term accounts payable | $552.4K | $1.0M | |||
| Notes payable | $145.0K | $504.1K | |||
| Operating lease liabilities | $17.8M | $20.4M | |||
| Royalty obligations | $900.0K | ||||
| Convertible notes | $14.2M | $7.9M | |||
| Total long-term liabilities | $32.7M | $30.7M | |||
| Total liabilities | $57.3M | $56.8M | |||
| Series A Preferred Stock-shares authorized 400,000, outstanding 200,000 and 200,000 | $5.0M | $5.0M | |||
| Common stock and additional paid-in-capital: shares authorized 500,000,000 outstanding 117,666,800 and 103,358,975 | $203.0M | $179.8M | |||
| Accumulated deficit | -$216.3M | -$181.8M | |||
| Total stockholders equity (deficit) | -$4.6M | $4.1M | |||
| Total Liabilities and Stockholders Equity (deficit) | $57.7M | $65.9M | |||
| Common stock, shares authorized | 500.0M shares | 500.0M shares | |||
| Common stock, shares outstanding | 117.7M shares | 103.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$33.4M | -$35.8M |
| Depreciation and amortization | $4.3M | $4.1M |
| Amortization of debt discount | $1.1M | $1.2M |
| Impairment of intangible assets | $1.1M | |
| Non-cash equity-based compensation expense | $13.6M | $13.5M |
| Gain on forgiveness of debt | -$400.0K | |
| Equity-based payment of interest | $615.3K | |
| Inventory | -$464.8K | -$359.6K |
| Accounts receivable | $523.8K | $969.7K |
| Prepaid expenses and other assets | $104.3K | -$628.5K |
| Deferred charges | $223.2K | $1.2K |
| Deferred revenues | $586.8K | $20.3K |
| Operating lease liabilities | -$2.3M | -$2.1M |
| Royalty obligation | -$400.0K | -$800.0K |
| Accounts payable and accrued expenses | $2.3M | $933.8K |
| Net cash used in operating activities | -$13.3M | -$18.3M |
| Purchase of property and equipment | -$1.9M | -$981.4K |
| Acquisition, net of cash acquired | -$750.0K | |
| Net cash used in investing activities | -$1.9M | -$1.7M |
| Proceeds from issuance of common stock - offerings | $5.6M | $4.4M |
| Placement cost | -$335.9K | -$88.4K |
| Dividends paid | -$1.0M | |
| Proceeds from line of credit | $500.0K | |
| Proceeds from exercise of options | $420.0K | |
| Proceeds from issuance of convertible notes | $5.2M | |
| Principal repayments of notes payable | -$5.4M | -$2.8M |
| Net cash provided by financing activities | $9.8M | $13.1M |
| Change in cash and cash equivalents, and restricted cash | -$5.4M | -$6.9M |
| Interest | $3.9M | $3.3M |
| Preferred stock conversion to common | $2.5M | |
| Substitution of royalty payable to convertible note | $1.0M | |
| Substitution of consideration payable to convertible note | $600.0K | $3.1M |
| Right-of-use assets and operating lease liabilities | $662.7K | |
| Accrued dividends payable | $36.4K | $212.7K |
No quarter-by-quarter statement was filed.
Leadership
Who has led SKYX Platforms Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerLeonard J. Sokolow Sep 13, 2023 to now13
- Chief executive officerJohn P. Campi Feb 20, 2015 to Oct 7, 202414
- ChairRan Roland Kohen Mar 31, 2017 to now15
- PresidentSteven Mark Schmidt Feb 9, 2022 to now16
- PresidentMark J. Wells Mar 29, 2017 to Mar 29, 201717
- Chief financial officerMarc Andre Boisseau Feb 9, 2022 to now18
Board members and other officers (9)
- Chief Operations OfficerPatricia Ann Barron Apr 27, 2017 to now19
- Board memberBrayer Efrat L. Greenstein Feb 9, 2022 to now20
- Board memberGary N. Golden Feb 9, 2022 to now21
- Board memberNancy Dimattia Feb 9, 2022 to now22
- Board memberLeonard J. Sokolow Jan 15, 2016 to now23
- Board memberPhillips S. Peter Feb 20, 2015 to Apr 4, 202224
- Board memberRan Roland Kohen Feb 20, 2015 to Feb 20, 201525
- Board memberThomas J. Ridge Feb 20, 2015 to now26
- Board memberDov Shiff Mar 20, 2015 to now27
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorEfrat L. Greenstein Brayer named Nov 10, 2022 to Sep 10, 202628
Former names
Timeline
Filings
349 filings to the SEC since October 2021: 6 annual reports, 14 quarterly reports, 67 major events, 144 insider forms, 20 large holders, 23 private raises, 75 other. The latest 20:
- Oct 14, 2026S-3 EDGAR
- Oct 14, 20268-K EDGAR
- Oct 1, 20268-K EDGAR
- Sep 30, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 10, 2026D EDGAR
- Sep 10, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 12, 202610-Q EDGAR
- Aug 12, 20268-K EDGAR
- Aug 4, 20264 EDGAR
- Jul 13, 2026SCHEDULE 13D/A EDGAR
- Jul 13, 20264 EDGAR
- Jul 10, 20268-K EDGAR
- Jun 30, 20264 EDGAR
- Jun 17, 20264 EDGAR
- Jun 12, 20264 EDGAR
- May 29, 2026SD EDGAR
- May 15, 2026D EDGAR
- May 15, 2026SCHEDULE 13G EDGAR
The 349 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
19 open-market trades by officers, directors and large owners since October 2021: 19 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 10, 2022 | Kohen Ran RolandExecutive Chairman | Buy | 1,000 | $2.05 | $2.0K | Form 4 |
| Jun 10, 2022 | Campi John P.Co-Chief Executive Officer | Buy | 3,400 | $2.15 | $7.3K | Form 4 |
| Jun 9, 2022 | Kohen Ran RolandExecutive Chairman | Buy | 5,000 | $2.15 | $10.8K | Form 4 |
| Jun 9, 2022 | Campi John P.Co-Chief Executive Officer | Buy | 5,000 | $2.06 | $10.3K | Form 4 |
| Jun 6, 2022 | Shiff DovDirector | Buy | 20,000 | $2.72 | $54.4K | Form 4 |
| Jun 6, 2022 | Kohen Ran RolandExecutive Chairman | Buy | 5,000 | $2.94 | $14.7K | Form 4 |
| Jun 3, 2022 | Shiff DovDirector | Buy | 10,000 | $3.56 | $35.6K | Form 4 |
| Jun 2, 2022 | Shiff DovDirector | Buy | 883 | $3.69 | $3.3K | Form 4 |
| Jun 1, 2022 | Shiff DovDirector | Buy | 5,723 | $3.70 | $21.2K | Form 4 |
| May 31, 2022 | Shiff DovDirector | Buy | 848 | $3.39 | $2.9K | Form 4 |
| May 27, 2022 | Shiff DovDirector | Buy | 1,604 | $3.40 | $5.5K | Form 4 |
| May 26, 2022 | Shiff DovDirector | Buy | 2,955 | $3.49 | $10.3K | Form 4 |
| May 24, 2022 | Shiff DovDirector | Buy | 11,922 | $3.58 | $42.7K | Form 4 |
| May 16, 2022 | Campi John P.Co-Chief Executive Officer | Buy | 5,000 | $5.36 | $26.8K | Form 4 |
| May 12, 2022 | Shiff DovDirector | Buy | 10,824 | $4.77 | $51.6K | Form 4 |
| May 12, 2022 | Kohen Ran RolandExecutive Chairman | Buy | 5,000 | $4.28 | $21.4K | Form 4 |
| May 12, 2022 | Schmidt Steven MarkPresident | Buy | 5,000 | $4.38 | $21.9K | Form 4 |
| Feb 14, 2022 | Shiff DovDirector | Buy | 235,712 | $14.00 | $3.3M | Form 4 |
| Feb 14, 2022 | Campi John P.Co-Chief Executive Officer | Buy | 14,285 | $14.00 | $200.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Alyeska Investment Group, L.P.SCHEDULE 13G/A, 2 filings May 15, 2026 to Aug 14, 202629
- Dov ShiffSCHEDULE 13D/A, 9 filings Feb 16, 2022 to Jul 13, 202630
- Ran Roland KohenSCHEDULE 13D/A, 5 filings Feb 15, 2022 to Jan 28, 202631
- Motek 7 SQL LLCSCHEDULE 13G/A, 2 filings Feb 16, 2022 to Aug 14, 202532
- Steven SiegelaubSC 13G/A, 2 filings Feb 16, 2022 to May 31, 202333
Money raised
Private offerings the company reported to the SEC on Form D.
- Sep 9, 2026Raised $25.2 million in a private offering of equity Form D: 3 investors so far Form D
- Apr 30, 2026Raised $186,984 in a private offering of equity Form D: 2 investors so far Form D
- Jan 7, 2026Raised $4 million in a private offering of equity Form D: 1 investor so far Form D
- Dec 30, 2025Raised $500,000 in a private offering of equity Form D: 2 investors so far Form D
- Dec 30, 2025Raised $600,000 in a private offering of debt Form D: 1 investor so far Form D
- Dec 3, 2025Raised $1 million in a private offering of equity Form D: 1 investor so far Form D
- Oct 17, 2025Raised $9.6 million in a private offering of debt Form D: 3 investors so far Form D
- Sep 2, 2025Raised $6 million in a private offering of debt Form D: 1 investor so far Form D
- Aug 15, 2025Raised $153,493 in a private offering of equity Form D: 2 investors so far Form D
- Apr 7, 2025Raised $975,000 in a private offering of equity Form D: 7 investors so far Form D
- Mar 27, 2025Raised $94,500 in a private offering of equity Form D: 1 investor so far Form D
- Nov 18, 2024Raised $107,000 in a private offering of equity Form D: 1 investor so far Form D
- Oct 4, 2024Raised $11 million in a private offering of equity Form D: 17 investors so far Form D
- Apr 11, 2024Raised $1 million in a private offering of debt Form D: 1 investor so far Form D
- Mar 29, 2024Raised $3.1 million in a private offering of debt Form D: 3 investors so far Form D
- Mar 29, 2024Raised $650,000 in a private offering of debt Form D: 3 investors so far Form D
- Mar 29, 2024Raised $515,751 in a private offering of equity Form D: 2 investors so far Form D
- Nov 10, 2023Raised $100,000 in a private offering of equity Form D: 1 investor so far Form D
- Apr 28, 2023Raised $11.8 million in a private offering of equity Form D: 3 investors so far Form D
- Apr 27, 2023Raised $2 million in a private offering of equity Form D: 1 investor so far Form D
- Mar 29, 2023Raised $2.2 million in a private offering of debt Form D: 3 investors so far Form D
- Feb 6, 2023Raised $8.1 million in a private offering of debt Form D: 3 investors so far Form D
- Nov 9, 2022Raised $653,300 in a private offering of equity Form D: 9 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 84. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARRan Roland Kohen, Chair
- 16SEC EDGARSteven Mark Schmidt, President
- 17SEC EDGARMark J. Wells, President
- 18
- 19
- 20
- 21SEC EDGARGary N. Golden, Board member
- 22SEC EDGARNancy Dimattia, Board member
- 23SEC EDGARLeonard J. Sokolow, Board member
- 24SEC EDGARPhillips S. Peter, Board member
- 25SEC EDGARRan Roland Kohen, Board member
- 26SEC EDGARThomas J. Ridge, Board member
- 27SEC EDGARDov Shiff, Board member
- 28
- 29
- 30
- 31
- 32
- 33