SKYX PLATFORMS CORP.: 10-Q filed 2022-08-12

Name: SKYX PLATFORMS CORP.: 10-Q filed 2022-08-12
Creator: SKYX PLATFORMS CORP.

What SKYX PLATFORMS CORP. reported in its quarterly report filed 2022-08-12 (fiscal Q2 2022): 39 published measures, 94 facts as tagged in accession 0001493152-22-022385.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-08-12
Fiscal period: fiscal Q2 2022
Accession: 0001493152-22-022385 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SKYX PLATFORMS CORP. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-06-30	29,368,776	USD
At 2021-12-31	11,953,835	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-06-30	13,982,649	USD
At 2021-12-31	12,064,556	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2022-06-30	14,916,028	USD
At 2021-12-31	-3,389,512	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2022-06-30	24,682,674	USD
At 2021-12-31	10,426,249	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-4,645,737	USD	91
2022-01-01 to 2022-06-30	-16,504,101	USD	181
2021-04-01 to 2021-06-30	-1,098,615	USD	91
2021-01-01 to 2021-06-30	-2,085,554	USD	181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-6,203,304	USD	181
2021-01-01 to 2021-06-30	-1,804,889	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	262,748	USD	181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	7,389	USD	91
2022-01-01 to 2022-06-30	14,360	USD	181
2021-01-01 to 2021-06-30	100,185	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	20,805,085	USD	181
2021-01-01 to 2021-06-30	2,742,596	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-345,356	USD	181
2021-01-01 to 2021-06-30	-86,887	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2022-06-30	-95,528,339	USD
At 2021-12-31	-74,269,898	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	80,575,955	shares	91
2022-01-01 to 2022-06-30	76,718,462	shares	181
2021-04-01 to 2021-06-30	64,848,938	shares	91
2021-01-01 to 2021-06-30	64,705,049	shares	181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-0.06	USD/shares	91
2022-01-01 to 2022-06-30	-0.22	USD/shares	181
2021-04-01 to 2021-06-30	-0.02	USD/shares	91
2021-01-01 to 2021-06-30	-0.03	USD/shares	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2022-06-30	266,260	USD
At 2021-12-31	25,710	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	11,194,200	USD	181
2021-01-01 to 2021-06-30	337,386	USD	181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-4,563,820	USD	91
2022-01-01 to 2022-06-30	-16,509,930	USD	181
2021-04-01 to 2021-06-30	-962,330	USD	91
2021-01-01 to 2021-06-30	-1,812,333	USD	181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2022-06-30	26,956,492	USD
At 2021-12-31	11,385,918	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	81,917	USD	91
2022-01-01 to 2022-06-30	172,421	USD	181
2021-04-01 to 2021-06-30	144,171	USD	91
2021-01-01 to 2021-06-30	281,107	USD	181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2022-06-30	5,193,508	USD
At 2021-12-31	2,633,984	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2022-06-30	597,850	USD
At 2021-12-31	540,033	USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2022-06-30	1,253,194	USD
At 2021-12-31	918,651	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	1,267	USD	91
2022-01-01 to 2022-06-30	2,598	USD	181
2021-01-01 to 2021-06-30	17,677	USD	181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	6,122	USD	91
2022-01-01 to 2022-06-30	11,762	USD	181
2021-01-01 to 2021-06-30	82,508	USD	181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	4,565,087	USD	91
2022-01-01 to 2022-06-30	16,512,528	USD	181
2021-04-01 to 2021-06-30	962,330	USD	91
2021-01-01 to 2021-06-30	1,830,010	USD	181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2022-06-30	81,053,486	shares
At 2021-12-31	66,295,288	shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2022-06-30	14,916,028	USD
At 2021-12-31	-3,424,954	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2022-06-30	1,384,641	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2022-04-30	1,428,764	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2022-06-30	7,017,306	USD
At 2021-12-31	7,197,220	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2022-06-30	676,773	USD
At 2021-12-31	414,025	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2022-06-30	410,513	USD
At 2021-12-31	388,315	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2022-06-30	163,533	USD
At 2021-12-31	2,174	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-4,652,382	USD	91
2022-01-01 to 2022-06-30	-21,222,999	USD	181
2021-04-01 to 2021-06-30	-1,131,167	USD	91
2021-01-01 to 2021-06-30	-2,150,657	USD	181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	12,693	USD	91
2022-01-01 to 2022-06-30	22,198	USD	181
2021-04-01 to 2021-06-30	10,331	USD	91
2021-01-01 to 2021-06-30	22,504	USD	181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-81,917	USD	91
2022-01-01 to 2022-06-30	5,829	USD	181
2021-04-01 to 2021-06-30	-136,285	USD	91
2021-01-01 to 2021-06-30	-273,221	USD	181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	183,929	USD	181
2021-01-01 to 2021-06-30	281,141	USD	181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	23,100,000	USD	181
2021-01-01 to 2021-06-30	2,579,464	USD	181

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	26,893	USD	181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	334,543	USD	181

Inspect the source

Entity: SKYX PLATFORMS CORP. / CIK 0001598981
Captured: 2026-09-20T09:25:05.010Z
SEC response SHA-256: 88a5dc6514d746e831c5d76d2c49a6025af3f969e7d34f5dfa84fd7118b82a68

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Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
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print(record["policy"])
for concept in record["concepts"]:
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