SkyAI, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $204,120 | — | — | — | — |
| Cost of revenue | $198,576 | — | — | — | — |
| Gross profit | -$413,325 | — | — | — | — |
| Selling, general & administrative | $16.1M | $5.0M | — | — | — |
| Research and development | $198,762 | $531,233 | $1.6M | $2.3M | $1.7M |
| Operating expenses | $276.1M | $5.6M | $10.1M | $8.7M | $4.5M |
| Operating income | -$269.7M | -$5.6M | -$10.1M | -$8.7M | -$4.5M |
| Interest expense | $416,660 | $1.7M | — | — | — |
| Pretax income | -$270.3M | -$5.2M | -$9.9M | -$4.6M | — |
| Income tax expense | — | -$30,000 | -$30,000 | — | — |
| Net income | -$282.5M | -$9.3M | -$9.8M | -$4.6M | -$4.7M |
| Balance Sheet | |||||
| Cash and equivalents | $10.4M | $754,802 | $3.0M | $4.2M | $1.5M |
| Current assets | $18.9M | $3.2M | $4.8M | $4.4M | $1.6M |
| Total assets | $269.1M | $7.3M | $11.8M | $11.8M | $5.9M |
| Current liabilities | $4.7M | $5.2M | $3.7M | $2.0M | $2.8M |
| Total liabilities | $4.7M | $5.3M | $3.9M | $2.2M | $2.8M |
| Stockholders' equity | $264.4M | $2.0M | $7.9M | $9.6M | $3.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$11.0M | -$4.4M | -$8.5M | -$6.4M | -$3.1M |
| Depreciation and amortization | $132,540 | $472,605 | $876,064 | $647,690 | $28,699 |
| Stock-based compensation | $5.9M | $520,830 | $963,023 | $1.0M | $1.2M |
| Capital expenditure | — | $138,804 | $698,277 | $542,662 | $2.2M |
| Free cash flow | — | -$4.5M | -$9.2M | -$7.0M | -$5.4M |
| Impairments | $7.5M | $1.8M | $560,000 | $0 | $0 |
Shares outstanding 42.3M · Free float 68.4%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.