Company research
SkyAI, Inc.
CIK 1737995Updated Sep 26, 2026
SecuritiesSKYA · NASDAQ · equitySKYAW · NASDAQ · warrant
Historical securities (2)
STSS · UNKNOWN · equity · closed May 27, 2026STSSW · UNKNOWN · warrant · closed May 27, 2026Name history
Sharps Technology Inc. · through May 15, 2026
SKYA price & chart
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NASDAQ:SKYA on TradingView ↗In the news
Recent filings
Submission of Matters to a Vote of Security Holders
Items 5.07
DEFA14A filing
SCHEDULE 13D filing
DEF 14A filing
SCHEDULE 13G/A filing
Show 5 more recent filings
10-Q filing
Other Events
Items 8.01
3 filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Other Events
Items 5.03, 8.01, 9.01
Entry into a Material Definitive Agreement · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 1.01, 5.02, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 269,075,173Source | 7,313,748Source | 11,789,268Source | 11,839,656Source |
| Property, Plant and Equipment, NetUSD | 81,167Source | 4,035,110Source | 6,822,142Source | 7,004,890Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | 32,503Source | 52,513Source | 62,480Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 10,382,745Source | 864,041Source | 3,012,908Source | 4,170,897Source |
| Inventory, NetUSD | 645,268Source | 1,867,671Source | 1,709,135Source | 185,804Source |
| Assets, CurrentUSD | 18,882,511Source | 3,173,940Source | 4,838,551Source | 4,423,450Source |
| Prepaid Expense and Other Assets, CurrentUSD | 475,869Source | 89,735Source | 116,508Source | 66,749Source |
| Other Assets, NoncurrentUSD | 370Source | 104,698Source | 128,575Source | 411,316Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 4,695,027Source | 5,317,619Source | 3,854,982Source | 2,198,522Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,899Source | 205Source | 1,528Source | 941Source |
| Additional Paid in CapitalUSD | 581,324,579Source | 36,417,837Source | 32,489,950Source | 24,733,306Source |
| Retained Earnings (Accumulated Deficit)USD | -316,947,332Source | -34,445,206Source | -25,149,004Source | -15,307,366Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | 23,293Source | 591,812Source | 214,253Source |
| Stockholders' Equity Attributable to ParentUSD | 264,380,146Source | 1,996,129Source | 7,934,286Source | 9,641,134Source |
| Liabilities and EquityUSD | 269,075,173Source | 7,313,748Source | 11,789,268Source | 11,839,656Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 4,695,027Source | 5,185,619Source | 3,692,982Source | 2,006,522Source |
| Accounts Payable, CurrentUSD | 590,692Source | 976,548Source | 794,107Source | — |
| Deferred Income Tax Liabilities, NetUSD | — | 132,000Source | — | — |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | — | 132,000Source | 162,000Source | 192,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 520,830Source | 963,023Source | 1,012,592Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 204,120Source | — | — | — |
| Increase (Decrease) in InventoriesUSD | 298,235Source | 350,557Source | 1,441,462Source | 34,109Source |
| Deferred Income Tax Expense (Benefit)USD | — | -30,000Source | -30,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -10,990,651Source | -6,929,544Source | -8,507,300Source | -6,433,159Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -187,522,741Source | -1,163,137Source | -698,277Source | -3,117,916Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | 209,678Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 138,804Source | 698,277Source | 542,662Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 215,509,778Source | 5,907,407Source | 8,029,628Source | 12,235,475Source |
| Repayments of Long-term DebtUSD | 4,222,012Source | 200,342Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | -2,148,867Source | -1,157,989Source | 2,691,731Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | 47,111Source |
| Additional Financial Items | ||||
| AmortizationUSD | — | — | — | 6,882Source |
| Share-based Payment Arrangement, ExpenseUSD | 5,876,095Source | 512,240Source | 920,108Source | — |
| Amortization of Intangible AssetsUSD | — | 14,117Source | 15,184Source | — |
| DepreciationUSD | 132,540Source | 736,381Source | 876,064Source | 647,690Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | -41,825Source | -44,463Source | -496Source |
| Gain (Loss) on Sale of DerivativesUSD | 4,803,098Source | 3,016,936Source | 169,583Source | 5,392,911Source |
| General and Administrative ExpenseUSD | — | 7,154,948Source | 8,521,103Source | 6,457,860Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -270,335,436Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -12,166,690Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | -30,000Source | -30,000Source | — |
| InterestExpenseNonoperatingUSD | 416,660Source | — | — | — |
| Market Risk Benefit, Change in Fair Value, Gain (Loss)USD | — | — | 169,583Source | — |
| Net Income (Loss) Attributable to ParentUSD | -282,502,126Source | -9,296,202Source | -9,841,638Source | -4,639,662Source |
| Nonoperating Income (Expense)USD | -600,062Source | — | — | — |
| Operating ExpensesUSD | 276,127,058Source | 9,626,710Source | 10,126,650Source | 8,738,793Source |
| Other Nonoperating Income (Expense)USD | — | — | — | 26,636Source |
| Proceeds from Issuance of Long-term DebtUSD | — | 2,735,300Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 204,120Source | — | — | — |
| Cost of RevenueUSD | 198,576Source | — | — | — |
| Selling, General and Administrative ExpenseUSD | 16,052,069Source | — | — | — |
| Operating Income (Loss)USD | -269,735,374Source | -9,626,710Source | -10,126,650Source | -8,738,793Source |
| Other Nonoperating Income (Expense)USD | — | — | — | 26,636Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -270,335,436Source | -9,326,202Source | -9,871,638Source | — |
| Income Tax Expense (Benefit)USD | — | -30,000Source | -30,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -282,502,126Source | -9,296,202Source | -9,841,638Source | -4,639,662Source |
| Earnings Per Share, BasicUSD per share | -11.16Source | -7.4Source | -0.76Source | -0.57Source |
| Earnings Per Share, DilutedUSD per share | -11.16Source | -7.4Source | -0.76Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 25,305,644Source | 1,256,217Source | 13,032,717Source | 8,100,410Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 25,305,644Source | 1,256,217Source | 13,032,717Source | — |
| Interest Expense (non-operating)USD | 416,660Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 14,117Source | 15,184Source | — |
| Cost of Goods and Services Sold | — | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 132,540Source | 773,904Source | 882,177Source | 654,572Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | -41,825Source | -44,463Source | -496Source |
| General and Administrative ExpenseUSD | — | 7,154,948Source | 8,521,103Source | 6,457,860Source |
| Gross ProfitUSD | -413,325Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -113,137,182Source | -7,495,413Source | -8,173,807Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -270,335,436Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -10.68Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -10.68Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -12,166,690Source | — | — | — |
| Interest Income (Expense), NetUSD | — | -1,664,712Source | 138,118Source | -1,320,416Source |
| Market Risk Benefit, Change in Fair Value, Gain (Loss)USD | — | — | 169,583Source | — |
| Nonoperating Income (Expense)USD | -600,062Source | — | — | — |
| Operating ExpensesUSD | 276,127,058Source | 9,626,710Source | 10,126,650Source | 8,738,793Source |
| Other General and Administrative ExpenseUSD | — | 6,764,513Source | — | — |
| Research and Development ExpenseUSD | 198,762Source | 2,471,762Source | 1,605,547Source | 2,280,933Source |
Filing attachments
ex99-1.htm · 8-K · 2026-06-01
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 Sharps Technology Becomes SkyAI, Inc. with New Ticker Symbol “SKYA”; Establishing Category-defining Agentic Finance Platform Serving Global South Rebrand to SkyAI, Inc. to reflect evolution of the business to build a global agentic finance platform Opened operational headquarters in Hong Kong, a global hub for financial technology innovation and a base for licensing and world-class talent NEW YORK, May 27, 2026 (GLOBE NEWSWIRE) - Sharps …
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