SKYX Platforms Corp. (SKYX): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-12 19:41 ET
- Event date
- 2026-11-12
- Accession no.
- 0001493152-26-051512
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
SKYX reports third-quarter revenue of $25.7 million and updates Deako merger
SKYX's earnings release reported third-quarter revenue of $25.7 million, up 7.4% from the third quarter of 2025, and an adjusted EBITDA loss of $2.9 million, a non-GAAP measure. The company also disclosed completion of its Deako merger and builder programs expected to represent more than 210,000 units, with deliveries expected through 2027.
- Third-quarter revenue increased 7.4% to $25.7 million from $23.9 million in the third quarter of 2025.
- Gross profit increased 11% to $8.1 million from $7.3 million in the second quarter of 2026.
- Cash, cash equivalents, and restricted cash totaled $21 million as of September 30, 2026.
- SKYX completed its Deako merger on October 13, 2026, issuing 25,000,000 shares of common stock as consideration.
earningsmerger acquisition
Items reported
- Item 2.02: Results of Operations and Financial Condition
The company publicly announced results of operations or financial condition for a completed period, most often a quarterly earnings release. The release itself is usually attached as Exhibit 99.1. Information under Item 2.02 is generally "furnished" rather than "filed". - Item 9.01: Financial Statements and Exhibits
Lists the financial statements, pro forma information and exhibits filed with the report. It almost always accompanies another Item and is rarely news on its own.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | form8-k.htm |
| EX-99.1 | EX-99.1 | ex99-1.htm |
The summary above was generated by AI from the filing text and checked automatically against it. Read the original documents on SEC EDGAR. How to read an 8-K.