SKYX — what changed in the latest 10-Q
A section-by-section comparison of SKYX's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-11 vs the prior 10-Q · 2025-11-12
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +14 | −20 | ~11 | 22 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~5 | 22 |
| Controls & procedures | Text added/removed | 0 | 0 | ~5 | 22 |
| Legal proceedings | Text added/removed | 0 | 0 | ~5 | 22 |
| Risk factors | Text added/removed | 0 | 0 | ~5 | 22 |
| Other information | Text added/removed | 0 | 0 | ~4 | 22 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-11
During 2025 and January 2026, we generated proceeds of $5.6 million pursuant to our ATM, $29.3 million pursuant to the issuance of shares of our common stock, $5.4 million pursuant to the issuance of our preferred stock, and $5.3 million pursuant to the issuance of convertible notes.
We have expanded our product lines to include an all-in-one plug and play combined heater, fan, and lighting product which will eventually accommodate the integration of our smart and advanced products.
Comparison of the Three months ended March 31, 2026, and 2025
We believe that our selling and marketing expenses in 2026 will remain relatively unchanged compared to 2025.
The decrease in interest expense resulted primarily from declining operating lease liabilities.
Text removed vs the prior filing · source: 10-Q · 2025-11-12
During September and October 2025, we generated proceeds of $5.2 million pursuant to the issuance of convertible promissory notes with existing investors. The notes bear interest at 10% and mature in September and October 2030.
In March 2024 and as amended in June 2025, the Company and the Belami sellers entered into a letter agreement modifying certain obligations under the stock purchase agreement for the acquisition of Belami. In connection with the letter agreement, the Company issued convertible promissory notes to ea…
During the second quarter of 2023, we began our at the market offering (“ATM”) pursuant to which we may sell up to $20 million of shares of our common stock.
Between October 2024 and May 2025, the Company issued shares of newly authorized Series A Preferred Stock and Series A-1 Preferred Stock which generated proceeds of $14.2 million.
Comparison of the three and nine months ended September 30, 2025
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice