Symbols / SKYX
SKYX Chart
About
SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. SKYX Platforms Corp. was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. The company was incorporated in 2004 and is based in Pompano Beach, Florida.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Electrical Equipment & P | Market Cap | 277.71M |
| Enterprise Value | 273.47M | Income | -36.49M | Sales | 90.75M |
| Book/sh | -0.12 | Cash/sh | 0.07 | Dividend Yield | — |
| Payout | 0.00% | Employees | 76 | IPO | — |
| P/E | — | Forward P/E | -13.00 | PEG | — |
| P/S | 3.06 | P/B | -17.93 | P/C | — |
| EV/EBITDA | -9.46 | EV/Sales | 3.01 | Quick Ratio | 0.44 |
| Current Ratio | 0.65 | Debt/Eq | 3217.45 | LT Debt/Eq | — |
| EPS (ttm) | -0.35 | EPS next Y | -0.16 | EPS Growth | — |
| Revenue Growth | 7.80% | Earnings | 2026-03-23 | ROA | -31.79% |
| ROE | -14.21% | ROIC | — | Gross Margin | 28.51% |
| Oper. Margin | -28.31% | Profit Margin | -39.12% | Shs Outstand | 133.52M |
| Shs Float | 75.61M | Short Float | 2.23% | Short Ratio | 1.54 |
| Short Interest | — | 52W High | 3.29 | 52W Low | 0.88 |
| Beta | -4011.51 | Avg Volume | 1.16M | Volume | 75.40K |
| Target Price | $4.04 | Recom | None | Prev Close | $2.02 |
| Price | $2.08 | Change | 2.97% |
Valuation Models
Price estimates from analyst targets and simple models.
Ratings
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-01-22 | reit | Roth Capital | Buy → Buy | $5 |
| 2025-10-17 | init | Litchfield Hills | — → Buy | $5 |
| 2024-09-10 | init | Roth MKM | — → Buy | $2 |
| 2024-08-13 | reit | Benchmark | Buy → Buy | $5 |
| 2024-07-31 | reit | Benchmark | Buy → Buy | $5 |
| 2024-04-29 | init | Noble Capital Markets | — → Outperform | $5 |
| 2023-11-14 | reit | Benchmark | Buy → Buy | $5 |
| 2023-08-14 | main | Benchmark | Buy → Buy | $5 |
| 2023-04-25 | init | WestPark Capital | — → Buy | $7 |
| 2022-07-28 | init | Benchmark | — → Buy | $15 |
- AI ceiling tech, big-box heaters and $33M: inside SKYX’s 2026 push - Stock Titan hu, 19 Feb 2026 15
- SKYX Platforms: Flipping The Switch From Concept To Commercial (Rating Upgrade) - Seeking Alpha hu, 12 Feb 2026 08
- How Recent Analyst Shifts Are Rewriting The Story For SKYX Platforms (SKYX) - Yahoo Finance ue, 03 Feb 2026 08
- SKYX Platforms expands preferred stock for new financing - MSN hu, 12 Feb 2026 04
- SKYX stock surges after deal with Global Ventures Group - Investing.com ue, 28 Oct 2025 07
- SKYX Platforms Corp. Forecasts Substantial Growth in Walmart Channel for 2026 with Launch of Innovative SKYFAN & Turbo Heater - Quiver Quantitative Wed, 11 Feb 2026 14
- Home Depot’s SKYX Launch Tests Valuation And Smart Home Growth Story - simplywall.st hu, 19 Feb 2026 00
- SKYX Platforms (SKYX) Price Target Increased by 13.92% to 4.59 - Nasdaq Wed, 04 Feb 2026 08
- Ceiling fan–heater combo lands at Walmart as safer space heater alternative - Stock Titan Wed, 11 Feb 2026 08
- Is SKYX PLATFORMS (SKYX) Outperforming Other Business Services Stocks This Year? - Yahoo Finance ue, 27 Jan 2026 08
- SKYX Platforms stock jumps after Home Depot launches dedicated brand page - Investing.com Fri, 06 Feb 2026 08
- SKYX Platforms Corp. Launches New SkyPlug Brand Page on HomeDepot.com to Enhance Product Visibility and Consumer Education for Turbo Heater and Ceiling Fan Models - Quiver Quantitative Fri, 06 Feb 2026 08
- Ceiling fan that doubles as a turbo heater arrives at Lowes - Stock Titan Wed, 21 Jan 2026 08
- Roth Capital Lifts SKYX Platforms Corp. (SKYX) Target Following E-Commerce and Distribution Gains - Yahoo Finance Mon, 09 Feb 2026 08
- Single institutional investor puts $25M into SKYX at $2.50, no warrants - Stock Titan ue, 27 Jan 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 14423 | 30000 | — | Stock Award(Grant) at price 2.08 per share. | RIDGE THOMAS J | Director | — | 2025-12-31 00:00:00 | D |
| 1 | 14423 | 30000 | — | Stock Award(Grant) at price 2.08 per share. | SHIFF DOV | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-12-31 00:00:00 | D |
| 2 | 379955 | 835901 | — | Conversion of Exercise of derivative security at price 2.20 per share. | SHIFF DOV | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-12-31 00:00:00 | I |
| 3 | 150000 | — | — | Stock Award(Grant) at price 0.00 per share. | SOKOLOW LEONARD J | Chief Executive Officer | — | 2025-12-15 00:00:00 | D |
| 4 | 150000 | 90000 | — | Conversion of Exercise of derivative security at price 0.60 per share. | SOKOLOW LEONARD J | Chief Executive Officer | — | 2025-11-14 00:00:00 | D |
| 5 | 248000 | 198600 | — | Conversion of Exercise of derivative security at price 0.60 - 1.20 per share. | BARRON PATRICIA ANNA | Chief Operating Officer | — | 2025-11-14 00:00:00 | D |
| 6 | 5000 | — | — | Stock Award(Grant) at price 0.00 per share. | RIDGE THOMAS J | Director | — | 2025-03-27 00:00:00 | D |
| 7 | 5000 | — | — | Stock Award(Grant) at price 0.00 per share. | SHIFF DOV | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-03-27 00:00:00 | D |
| 8 | 26500 | — | — | Stock Award(Grant) at price 0.00 per share. | DIMATTIA NANCY | Director | — | 2025-03-27 00:00:00 | D |
| 9 | 16000 | — | — | Stock Award(Grant) at price 0.00 per share. | GREENSTEIN BRAYER EFRAT L. | Director | — | 2025-03-27 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -28.05M | -34.94M | -25.74M | -5.09M |
| TotalUnusualItems | 400.00K | 1.20M | 178.25K | 0.00 |
| TotalUnusualItemsExcludingGoodwill | 400.00K | 1.20M | 178.25K | 0.00 |
| NetIncomeFromContinuingOperationNetMinorityInterest | -35.77M | -39.73M | -27.07M | -5.73M |
| ReconciledDepreciation | 4.07M | 2.89M | 883.23K | 84.29K |
| ReconciledCostOfRevenue | 61.68M | 40.75M | 18.91K | 88.46K |
| EBITDA | -27.65M | -33.74M | -25.56M | -5.09M |
| EBIT | -31.71M | -36.62M | -26.45M | -5.17M |
| NetInterestIncome | -4.06M | -3.11M | -589.01K | -560.38K |
| InterestExpense | 4.06M | 3.11M | 589.01K | 560.38K |
| InterestIncome | 36.00 | |||
| NormalizedIncome | -36.17M | -40.93M | -27.25M | -5.73M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -35.77M | -39.73M | -27.07M | -5.73M |
| TotalExpenses | 118.39M | 96.61M | 26.66M | 5.23M |
| TotalOperatingIncomeAsReported | -32.11M | -37.83M | -26.63M | -5.19M |
| DilutedAverageShares | 99.77M | 88.37M | 79.49M | 64.94M |
| BasicAverageShares | 99.77M | 88.37M | 79.49M | 64.94M |
| DilutedEPS | -0.36 | -0.45 | -0.40 | -0.09 |
| BasicEPS | -0.36 | -0.45 | -0.40 | -0.09 |
| DilutedNIAvailtoComStockholders | -35.98M | -39.73M | -31.80M | -5.86M |
| NetIncomeCommonStockholders | -35.98M | -39.73M | -31.80M | -5.86M |
| OtherunderPreferredStockDividend | 0.00 | 4.69M | 0.00 | |
| PreferredStockDividends | 212.67K | 38.05K | 129.46K | |
| NetIncome | -35.77M | -39.73M | -27.07M | -5.73M |
| MinorityInterests | 0.00 | -35.44K | 0.00 | |
| NetIncomeIncludingNoncontrollingInterests | -35.77M | -39.73M | -27.04M | -5.73M |
| NetIncomeContinuousOperations | -35.77M | -39.73M | -27.04M | -5.73M |
| PretaxIncome | -35.77M | -39.73M | -27.04M | -5.73M |
| OtherIncomeExpense | 400.00K | 1.20M | 178.25K | 18.05K |
| OtherNonOperatingIncomeExpenses | 18.05K | |||
| SpecialIncomeCharges | 400.00K | 1.20M | 178.25K | 0.00 |
| OtherSpecialCharges | -400.00K | -1.20M | -178.25K | -10.00K |
| GainOnSaleOfSecurity | 8.05K | |||
| NetNonOperatingInterestIncomeExpense | -4.06M | -3.11M | -589.01K | -560.38K |
| InterestExpenseNonOperating | 4.06M | 3.11M | 589.01K | 560.38K |
| InterestIncomeNonOperating | 36.00 | |||
| OperatingIncome | -32.11M | -37.83M | -26.63M | -5.19M |
| OperatingExpense | 56.71M | 55.86M | 26.64M | 5.14M |
| SellingGeneralAndAdministration | 56.71M | 55.86M | 26.64M | 5.14M |
| SellingAndMarketingExpense | 25.35M | 18.81M | 7.99M | |
| GeneralAndAdministrativeExpense | 31.35M | 37.06M | 18.65M | |
| OtherGandA | 31.35M | 37.06M | 18.65M | |
| GrossProfit | 24.59M | 18.04M | 13.11K | -45.35K |
| CostOfRevenue | 61.68M | 40.75M | 18.91K | 88.46K |
| TotalRevenue | 86.28M | 58.79M | 32.02K | 43.11K |
| OperatingRevenue | 86.28M | 58.79M | 32.02K | 43.11K |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 103.36M | 93.47M | 82.91M | 66.30M |
| ShareIssued | 103.36M | 93.47M | 82.91M | 66.30M |
| NetDebt | 3.99M | |||
| TotalDebt | 39.36M | 37.84M | 30.46M | 7.20M |
| TangibleBookValue | -23.29M | -8.08M | 7.24M | -3.93M |
| InvestedCapital | 14.68M | 29.90M | 14.48M | 3.81M |
| WorkingCapital | -5.76M | 3.13M | 8.91M | 8.75M |
| NetTangibleAssets | -12.29M | -8.08M | 7.46M | -615.31K |
| CapitalLeaseObligations | 22.73M | 24.17M | 23.89M | 0.00 |
| CommonStockEquity | -1.95M | 16.22M | 7.91M | -3.39M |
| PreferredStockEquity | 11.00M | 220.10K | 3.31M | |
| TotalCapitalization | 17.43M | 23.00M | 12.99M | 6.72M |
| TotalEquityGrossMinorityInterest | 9.05M | 16.22M | 8.13M | -110.72K |
| MinorityInterest | 0.00 | 0.00 | 0.00 | -35.44K |
| StockholdersEquity | 9.05M | 16.22M | 8.13M | -75.28K |
| GainsLossesNotAffectingRetainedEarnings | 0.00 | 0.00 | -62.15K | 0.00 |
| OtherEquityAdjustments | -62.15K | |||
| RetainedEarnings | -181.78M | -145.80M | -106.07M | -74.27M |
| AdditionalPaidInCapital | 13.52M | |||
| CapitalStock | 190.84M | 162.03M | 114.26M | 74.19M |
| CommonStock | 179.84M | 162.03M | 114.04M | 70.88M |
| PreferredStock | 11.00M | 0.00 | 220.10K | 3.31M |
| TotalLiabilitiesNetMinorityInterest | 56.83M | 60.12M | 35.05M | 12.06M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 30.70M | 35.93M | 27.63M | 9.43M |
| OtherNonCurrentLiabilities | 900.00K | 3.10M | 2.64M | |
| NonCurrentAccruedExpenses | 1.04M | 744.95K | 0.00 | |
| TradeandOtherPayablesNonCurrent | 0.00 | 3.04M | 0.00 | |
| LongTermDebtAndCapitalLeaseObligation | 28.75M | 29.04M | 27.63M | 6.79M |
| LongTermCapitalLeaseObligation | 20.38M | 22.27M | 22.76M | 0.00 |
| LongTermDebt | 8.38M | 6.78M | 4.87M | 6.79M |
| CurrentLiabilities | 26.14M | 24.19M | 7.42M | 2.63M |
| OtherCurrentLiabilities | 800.00K | 800.00K | 2.64M | 1.20M |
| CurrentDeferredLiabilities | 1.50M | 1.48M | 0.00 | |
| CurrentDeferredRevenue | 1.50M | 1.48M | 0.00 | |
| CurrentDebtAndCapitalLeaseObligation | 10.60M | 8.80M | 2.84M | 404.65K |
| CurrentCapitalLeaseObligation | 2.35M | 1.90M | 1.13M | 0.00 |
| CurrentDebt | 8.25M | 6.90M | 1.71M | 404.65K |
| OtherCurrentBorrowings | 8.25M | 6.90M | 1.71M | 404.65K |
| PayablesAndAccruedExpenses | 13.24M | 13.12M | 1.95M | 1.03M |
| CurrentAccruedExpenses | 104.38K | 32.60K | ||
| InterestPayable | 92.92K | |||
| Payables | 13.24M | 13.12M | 1.95M | 996.73K |
| OtherPayable | 731.00K | |||
| AccountsPayable | 13.24M | 12.39M | 1.95M | 996.73K |
| TotalAssets | 65.89M | 76.34M | 43.18M | 11.95M |
| TotalNonCurrentAssets | 45.51M | 49.02M | 26.85M | 567.92K |
| OtherNonCurrentAssets | 3.07M | 3.07M | 2.92M | 2.17K |
| GoodwillAndOtherIntangibleAssets | 21.35M | 24.30M | 662.80K | 540.03K |
| OtherIntangibleAssets | 5.19M | 8.14M | 662.80K | 540.03K |
| Goodwill | 16.16M | 16.16M | 0.00 | |
| NetPPE | 21.10M | 21.65M | 23.26M | 25.71K |
| AccumulatedDepreciation | -739.30K | -671.27K | -459.08K | -388.31K |
| GrossPPE | 21.84M | 22.32M | 23.72M | 414.02K |
| Leases | 360.00K | 30.55K | 30.55K | 30.55K |
| ConstructionInProgress | 109.10K | 0.00 | ||
| OtherProperties | 19.75M | 21.21M | 23.58M | 309.11K |
| MachineryFurnitureEquipment | 1.73M | 1.08M | 110.32K | 74.36K |
| BuildingsAndImprovements | 21.21M | 23.05M | 0.00 | |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 20.37M | 27.32M | 16.33M | 11.39M |
| OtherCurrentAssets | 1.31M | 721.72K | 311.62K | 41.02K |
| CurrentDeferredAssets | 223.21K | 224.44K | 0.00 | |
| RestrictedCash | 0.00 | 2.75M | 0.00 | |
| PrepaidAssets | 40.90K | |||
| Inventory | 3.79M | 3.43M | 1.92M | 918.65K |
| InventoriesAdjustmentsAllowances | -1.30M | -1.30M | ||
| FinishedGoods | 3.18M | 2.50M | 0.00 | |
| RawMaterials | 1.90M | 2.23M | 1.92M | 918.65K |
| Receivables | 2.42M | 3.38M | 0.00 | 115.00 |
| AccountsReceivable | 2.42M | 3.38M | 0.00 | 115.00 |
| CashCashEquivalentsAndShortTermInvestments | 12.64M | 16.81M | 14.09M | 10.43M |
| OtherShortTermInvestments | 0.00 | 7.37M | 0.00 | |
| CashAndCashEquivalents | 12.64M | 16.81M | 6.72M | 10.43M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -19.24M | -13.00M | -14.46M | -4.81M |
| RepaymentOfDebt | -2.78M | -3.41M | -446.04K | -343.84K |
| IssuanceOfDebt | 500.00K | 16.85M | 0.00 | 228.24K |
| IssuanceOfCapitalStock | 15.43M | 9.82M | 23.10M | 13.04M |
| CapitalExpenditure | -981.43K | -620.31K | -179.20K | |
| InterestPaidSupplementalData | 3.28M | 1.09M | 303.96K | 425.32K |
| IncomeTaxPaidSupplementalData | 0.00 | 0.00 | ||
| EndCashPosition | 15.50M | 22.43M | 9.46M | 10.43M |
| BeginningCashPosition | 22.43M | 9.46M | 10.43M | 2.31M |
| ChangesInCash | -6.93M | 12.97M | -964.65K | 8.12M |
| FinancingCashFlow | 13.06M | 22.73M | 20.93M | 12.92M |
| CashFlowFromContinuingFinancingActivities | 13.06M | 22.73M | 20.93M | 12.92M |
| NetOtherFinancingCharges | -88.43K | -530.99K | -2.55M | |
| ProceedsFromStockOptionExercised | 0.00 | 862.30K | 130.00K | |
| CashDividendsPaid | 0.00 | -38.05K | -129.46K | |
| PreferredStockDividendPaid | 0.00 | -38.05K | ||
| CommonStockDividendPaid | 0.00 | -38.05K | -129.46K | |
| NetPreferredStockIssuance | 11.00M | 0.00 | ||
| PreferredStockIssuance | 11.00M | 0.00 | ||
| NetCommonStockIssuance | 4.43M | 9.82M | 23.10M | 13.04M |
| CommonStockIssuance | 4.43M | 9.82M | 23.10M | 13.04M |
| NetIssuancePaymentsOfDebt | -2.28M | 13.44M | -446.04K | -115.60K |
| NetShortTermDebtIssuance | 6.50M | 0.00 | ||
| ShortTermDebtIssuance | 6.50M | 0.00 | ||
| NetLongTermDebtIssuance | -2.28M | 13.44M | -446.04K | -115.60K |
| LongTermDebtPayments | -2.78M | -3.41M | -446.04K | -343.84K |
| LongTermDebtIssuance | 500.00K | 16.85M | 0.00 | 228.24K |
| InvestingCashFlow | -1.73M | 3.24M | -8.06M | -179.20K |
| CashFlowFromContinuingInvestingActivities | -1.73M | 3.24M | -8.06M | -179.20K |
| NetInvestmentPurchaseAndSale | 0.00 | 7.44M | -7.44M | 0.00 |
| SaleOfInvestment | 0.00 | 7.57M | 0.00 | |
| PurchaseOfInvestment | 0.00 | -136.03K | -7.44M | 0.00 |
| NetBusinessPurchaseAndSale | -750.00K | -4.21M | 0.00 | |
| PurchaseOfBusiness | -750.00K | -4.21M | 0.00 | |
| NetIntangiblesPurchaseAndSale | 0.00 | -307.62K | -179.20K | |
| PurchaseOfIntangibles | 0.00 | -307.62K | -179.20K | |
| NetPPEPurchaseAndSale | -981.43K | 10.19K | -312.69K | 0.00 |
| SaleOfPPE | 10.19K | |||
| PurchaseOfPPE | -981.43K | -312.69K | 0.00 | |
| OperatingCashFlow | -18.26M | -13.00M | -13.84M | -4.63M |
| CashFlowFromContinuingOperatingActivities | -18.26M | -13.00M | -13.84M | -4.63M |
| ChangeInWorkingCapital | -1.96M | 5.71M | -1.47M | -434.66K |
| ChangeInOtherWorkingCapital | -778.44K | 2.07M | -1.20M | -500.00K |
| ChangeInOtherCurrentLiabilities | -2.10M | 202.62K | 267.85K | 0.00 |
| ChangeInOtherCurrentAssets | 0.00 | 0.00 | -180.13K | 0.00 |
| ChangeInPayablesAndAccruedExpense | 933.83K | 4.24M | 920.49K | 104.81K |
| ChangeInAccruedExpense | 163.46K | |||
| ChangeInPayable | -58.65K | |||
| ChangeInAccountPayable | -58.65K | |||
| ChangeInPrepaidAssets | -628.46K | -218.13K | -270.60K | -39.47K |
| ChangeInInventory | -359.61K | 283.91K | -1.00M | 0.00 |
| ChangeInReceivables | 969.66K | -863.22K | 0.00 | 1.43K |
| ChangesInAccountReceivables | 969.66K | -863.22K | 0.00 | 1.43K |
| OtherNonCashItems | 1.21M | 1.37M | ||
| StockBasedCompensation | 13.47M | 17.98M | 13.96M | 1.46M |
| AssetImpairmentCharge | 1.12M | |||
| DepreciationAmortizationDepletion | 4.07M | 2.89M | 883.23K | 84.29K |
| DepreciationAndAmortization | 4.07M | 2.89M | 883.23K | 84.29K |
| AmortizationCashFlow | 42.26K | |||
| AmortizationOfIntangibles | 42.26K | |||
| Depreciation | 4.07M | 2.89M | 883.23K | 84.29K |
| OperatingGainsLosses | -400.00K | -1.20M | -178.25K | -10.00K |
| NetIncomeFromContinuingOperations | -35.77M | -39.73M | -27.04M | -5.73M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for SKYX
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|