Overview
Compare with CHINA NATURAL RESOURCES INC, VOX ROYALTY CORP. or Metalla Royalty & Streaming Ltd., or pick any stock.
- TickerBSAI on OTC1
- IndustryGold and Silver Ores1
- HeadquartersMurray, Utah1
- Incorporated inNV2
- Business address5330 So 900 E, Ste 280, Murray, Ut 841172
- Filer categoryNon-accelerated filer, Smaller reporting company2
- Legal formCorporation
See how the biggest companies compare on our leaderboards
Del Sur, S.A. de C.V. (“CMCS”), to MLM. CMCS is the Honduran-based company that owns the Clavo Rico mine.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue45¢$3.3M
- Interest48¢$3.5M
- Income tax7¢$529.6K
Out of $4.7M in revenue.45 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.9
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| General and administrative | $2.7M | $520.4K |
| Depreciation and amortization | $727 | |
| Total Operating Expenses | $2.7M | $521.1K |
| Loss from Operations | -$2.7M | -$521.1K |
| Other income (expense) | $96 | |
| Interest income | $15.6K | |
| Change in derivative liability | $182.4K | $196.3K |
| Gain (loss) on extinguishment of debt | -$2.0M | -$13.0K |
| Initial derivative expense | -$193.6K | |
| Loss on disposal of property, plant and equipment | -$2.5K | |
| Interest expense | -$71.8K | -$415.8K |
| Total Other Income/(Expenses) | -$1.8M | -$428.7K |
| Net Loss from Operations before Income Taxes | -$4.5M | -$949.8K |
| Net Loss | -$4.5M | -$949.8K |
| Deemed Dividend | -$8.5M | |
| Net Loss attributable to Shareholders | -$13.0M | -$949.8K |
| Net income (loss) per share - Basic | -$0.96 | -$0.36 |
| Net income (loss) per share - Diluted | -$0.96 | -$0.36 |
| Weighted average number of shares outstanding during the period - Basic | 13.6M shares | 2.6M shares |
| Weighted average number of shares outstanding during the period - Diluted | 13.6M shares | 2.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.9
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2015-12-31 | 2010-02-28 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $960.4K | ||||
| Prepaid expenses and other current assets | $117.2K | ||||
| Other current assets | $45.0K | ||||
| Total Current Assets | $1.1M | ||||
| Solar power asset | $1.3M | ||||
| Right of use operating lease asset | $255.7K | ||||
| Other assets | $531 | $531 | |||
| Total Assets | $2.7M | $531 | |||
| Accounts payable and accrued liabilities | $1.8M | $1.7M | |||
| Accrued interest - related parties | $9.5K | $30.3K | |||
| Operating lease liability | $118.1K | ||||
| Convertible notes payable - net of discount | $90.7K | $266.4K | |||
| Derivative liabilities | $14.5K | $186.5K | |||
| Total Current Liabilities | $3.4M | $3.3M | |||
| Operating lease liability, net of current portion | $182.6K | ||||
| Total Liabilities | $3.6M | $3.3M | |||
| Preferred stock, $0.00001 par value; 10,000,000 shares authorized, 51 shares issued and outstanding | $1 | $1 | |||
| Common stock, $0.00001 par value; 10,300,000,000 shares authorized, 24,978,811 and 2,659,773 shares issued and outstanding at December 31, 2025 and 2024, respectively | $250 | $27 | |||
| Additional paid-in capital | $33.4M | $26.5M | |||
| Accumulated deficit | -$34.4M | -$29.9M | |||
| Total Stockholders Deficit | -$930.5K | -$3.3M | -$2.4M | ||
| Total Liabilities and Stockholders Deficit | $2.7M | $531 | |||
| Preferred stock, par value | $0.00 | $0.00 | |||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |||
| Preferred stock, shares issued | 51 shares | 51 shares | |||
| Preferred stock, shares outstanding | 51 shares | 51 shares | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 10.3B shares | 10.3B shares | 100.0M shares | ||
| Common stock, shares issued | 25.0M shares | 2.7M shares | |||
| Common stock, shares outstanding | 25.0M shares | 2.7M shares | 266.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2015-12-31 | 2010-02-28 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $960.4K | ||||
| Prepaid expenses and other current assets | $117.2K | ||||
| Other current assets | $45.0K | ||||
| Total Current Assets | $1.1M | ||||
| Solar power asset | $1.3M | ||||
| Right of use operating lease asset | $255.7K | ||||
| Other assets | $531 | $531 | |||
| Total Assets | $2.7M | $531 | |||
| Accounts payable and accrued liabilities | $1.8M | $1.7M | |||
| Accrued interest - related parties | $9.5K | $30.3K | |||
| Operating lease liability | $118.1K | ||||
| Convertible notes payable - net of discount | $90.7K | $266.4K | |||
| Derivative liabilities | $14.5K | $186.5K | |||
| Total Current Liabilities | $3.4M | $3.3M | |||
| Operating lease liability, net of current portion | $182.6K | ||||
| Total Liabilities | $3.6M | $3.3M | |||
| Preferred stock, $0.00001 par value; 10,000,000 shares authorized, 51 shares issued and outstanding | $1 | $1 | |||
| Common stock, $0.00001 par value; 10,300,000,000 shares authorized, 24,978,811 and 2,659,773 shares issued and outstanding at December 31, 2025 and 2024, respectively | $250 | $27 | |||
| Additional paid-in capital | $33.4M | $26.5M | |||
| Accumulated deficit | -$34.4M | -$29.9M | |||
| Total Stockholders Deficit | -$930.5K | -$3.3M | -$2.4M | ||
| Total Liabilities and Stockholders Deficit | $2.7M | $531 | |||
| Preferred stock, par value | $0.00 | $0.00 | |||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |||
| Preferred stock, shares issued | 51 shares | 51 shares | |||
| Preferred stock, shares outstanding | 51 shares | 51 shares | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 10.3B shares | 10.3B shares | 100.0M shares | ||
| Common stock, shares issued | 25.0M shares | 2.7M shares | |||
| Common stock, shares outstanding | 25.0M shares | 2.7M shares | 266.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.9
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Loss | -$4.5M | -$949.8K |
| Depreciation and amortization expense | $727 | |
| Common stock issued for services | $1.5M | |
| Loss on disposition of property, plant and equipment | $2.5K | |
| (Gain) loss on extinguishment of debt | $2.0M | $13.0K |
| Change in derivative liability | -$182.4K | -$196.3K |
| Default penalty additions | $119.7K | |
| Expenses paid in behalf of the company by related party | $15.3K | |
| Amortization of right-of-use asset | $36.5K | $9.6K |
| Amortization of debt discount | $1.1K | $220.0K |
| Initial derivative expense | $193.6K | |
| Prepaid expenses and other current assets | -$7.5K | $10.0K |
| Other assets | -$154.8K | |
| Accounts payable and accrued liabilities | $94.6K | $404.2K |
| Operating lease liabilities | $8.5K | |
| Accounts payable and accrued liabilities - related parties | $55.4K | $30.3K |
| Net Cash Used In Operating Activities | -$1.2M | -$127.1K |
| Repayment of notes payable-related parties | -$131.2K | -$98.5K |
| Repayment of convertible notes payable | -$98.8K | |
| Proceeds from notes payable-related parties | $362.9K | $174.4K |
| Proceeds from convertible notes payable | $1.9M | $150.0K |
| Net Cash Provided by Continuing Financing Activities | $2.1M | $127.1K |
| Net Change in Cash | $960.4K | -$2 |
| Cash paid for interest | $11.1K | |
| Common stock issued for conversion of debt | $4.1M | $25.0K |
| Common stock issued for power purchase agreement | $1.3M | |
| Origination of operating lease | $292.2K | |
| Accounts payable issued for settlement of note payable | $10.0K | |
| Recognition of debt discounts on convertible notes payable | $10.4K | $179.8K |
| Note payable issued to related party for settlement of convertible note payable | $125.0K |
No quarter-by-quarter statement was filed.
What it owns
What BLUSKY AI INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $25.4K10 Dec 31, 2024 | $25.4K10 Dec 31, 2023 | 0% |
| Property and equipment, before depreciation | $27.0K9 Dec 31, 2024 | $27.0K10 Dec 31, 2023 | 0% |
| Accumulated depreciation | $24.5K9 Dec 31, 2024 | $23.7K10 Dec 31, 2023 | +3.1% |
| Property and equipment, net | $010 Dec 31, 2024 | $3.3K10 Dec 31, 2023 | −100.0% |
| Operating-lease assets (leased space) | $255.7K9 Dec 31, 2025 | $010 Dec 31, 2024 |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Area of land | 52 acres9 Jul 11, 2025 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $960.4K9 Dec 31, 2025 | $31.3K5 Dec 31, 2021 | +2970.3% |
Properties, in its own words
Corporate Headquarters
We currently maintain our corporate offices at 5330 South 900 East, Suite 280, Murray, Utah, 84117, in the Salt Lake City area. During the year ended December 31, 2025, we paid monthly rent of approximately $1,557 for use of the corporate office.
Item 2 of the 10-K filed Mar 31, 2026.3
Leadership
Who has led BLUSKY AI INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerTrent D'Ambrosio Jun 11, 2018 to now11
- Chief executive officerMichael Ahlin Jul 10, 2014 to Oct 8, 201512
- PresidentMichael Ahlin Oct 8, 2015 to Oct 8, 201513
- Chief financial officerTrent D'Ambrosio Dec 1, 2016 to now14
- Chief financial officerWhitney O. Cluff Jul 7, 2014 to Oct 8, 201515
- Chief operating officerBrian T. Brewer Dec 19, 2014 to Dec 19, 201416
Board members and other officers (6)
- Board memberReed L. Benson Oct 15, 2015 to Oct 15, 201517
- Board memberKay W. Briggs Nov 17, 2015 to Nov 17, 201518
- Board memberTrent D'Ambrosio Jul 7, 2014 to now19
- Board memberWhitney O. Cluff Jul 7, 2014 to now15
- Board memberMichael Ahlin Jul 10, 2014 to Mar 21, 201712
- Board memberBrian T. Brewer Dec 19, 2014 to Dec 19, 201416
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
Timeline
- Aug 3, 20268-K Regulation FD disclosure21
- Jul 22, 20268-K Entered a material agreement; Executive or director change22
- May 22, 20268-K Entered a material agreement; Executive or director change23
- Dec 17, 20258-K Regulation FD disclosure24
- Dec 9, 20258-K Executive or director change; Regulation FD disclosure25
- Nov 6, 20258-K Regulation FD disclosure26
- Sep 24, 20258-K Regulation FD disclosure27
- Sep 22, 20258-K Regulation FD disclosure28
- Sep 2, 20258-K Entered a material agreement; Regulation FD disclosure29
- Aug 29, 20258-K Regulation FD disclosure30
- Aug 27, 20258-K Regulation FD disclosure31
- Aug 13, 20258-K Regulation FD disclosure32
- Jun 11, 2018New chief executive Trent D'Ambrosio becomes CEO11
- Jul 10, 2014New chief executive Michael Ahlin becomes CEO12
Filings
95 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 29 major events, 19 insider forms, 2 private raises, 25 other. The latest 20:
- Oct 15, 20264 EDGAR
- Aug 31, 2026253G3 EDGAR
- Aug 20, 2026253G3 EDGAR
- Aug 20, 2026253G3 EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 12, 20264 EDGAR
- Aug 3, 20268-K EDGAR
- Jul 22, 20268-K EDGAR
- May 22, 20268-K EDGAR
- May 15, 2026253G1 EDGAR
- May 14, 202610-Q EDGAR
- May 7, 2026QUALIF EDGAR
- May 4, 2026CORRESP EDGAR
- Apr 20, 20261-A/A EDGAR
- Mar 31, 202610-K EDGAR
- Mar 2, 2026UPLOAD EDGAR
- Feb 11, 20261-A EDGAR
- Feb 6, 20264 EDGAR
- Feb 6, 20264 EDGAR
- Feb 6, 20263 EDGAR
The 95 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
9 open-market trades by officers, directors and large owners since October 2021: 6 buys and 3 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 15, 2025 | D'Ambrosio TrentCEO/CFO | Buy | 1,511,855 | $0.03 | $45.4K | Form 4 |
| Apr 21, 2025 | CLUFF WHITNEY ODirector | Buy | 500 | $0.55 | $273 | Form 4 |
| May 21, 2024 | CLUFF WHITNEY ODirector | Sale | 500,000 | Form 4 | ||
| May 20, 2024 | CLUFF WHITNEY ODirector | Sale | 659,729 | Form 4 | ||
| May 17, 2024 | CLUFF WHITNEY ODirector | Sale | 10,000 | Form 4 | ||
| Apr 17, 2024 | CLUFF WHITNEY ODirector | Buy | 166 | $0.63 | $104 | Form 4 |
| Apr 16, 2024 | CLUFF WHITNEY ODirector | Buy | 312 | $0.67 | $208 | Form 4 |
| Apr 15, 2024 | CLUFF WHITNEY ODirector | Buy | 57 | $0.50 | $28 | Form 4 |
| Dec 23, 2021 | CLUFF WHITNEY ODirector | Buy | 100,000 | $0.01 | $1.0K | Form 4 |
From Forms 4 filed with the SEC.
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $1.7M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2025 | $1.7M | $1.7M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
SEC filer profile
How BLUSKY AI INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBLUSKY AI INC.1
- CIK0001416090
- Employer ID (EIN)35-23021283
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inNevada3
- Fiscal year endsDecember 311
- Industry code (SIC)1040 Gold and Silver Ores1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address5330 So 900 E, Ste 280, Murray, UT 841171
- Phone801-312-81131
- Shares outstanding25,173,424 as of Aug 14, 20268
- Public float$8.0M as of Jun 30, 20253
- AuditorSadler, Gibb & Associates, LLC, Draper, UT PCAOB ID 36273
- On EDGAR sinceOct 31, 20071
- Filings307 in all: 8-K (80), 10-Q (55), 4 (39), NT 10-Q (28), 10-K (19), NT 10-K (12), UPLOAD (9), 3 (8)1
All 30 form types
CORRESP (6), PRE 14C (6), 10-Q/A (5), D/A (5), DEF 14C (5), 8-K/A (4), 10-K/A (3), 253G3 (3), D (3), S-1/A (3), 424B1 (2), EFFECT (2), 1-A (1), 1-A/A (1), 253G1 (1), 4/A (1), 8-A12G (1), QUALIF (1), S-1 (1), S-8 (1), SB-2 (1), SB-2/A (1)
- Latest filingsAnnual report (10-K) Mar 31, 2026
Quarterly report (10-Q) Aug 14, 2026
Latest 8-K (8-K) Aug 3, 2026
Risk factors and legal proceedings
The risks BLUSKY AI INC. names in Item 1A of its 10-K filed Mar 31, 2026: 40 risks under these headings, as written.3
- RISKS RELATED TO OUR COMPANY
- We rely on third parties and disruptions in the supply chain could cause significant delays.
- We rely on the existing U.S. energy grid.
- We operate in a highly competitive and growing market.
- An occurrence of an uncontrollable event such as the COVID-19 pandemic may negatively affect our operations.
- We have incurred losses since our inception in 2007 and may never be profitable, which raises doubt about our ability to continue as a going concern.
- We are Subject to Legal Proceedings.
- We do not currently carry any property or casualty insurance.
- We face high competition in the AI compute data center industry.
- We face resource acquisition challenges due to our size and recent expansion into these operations.
- The existing scarcity of Powered Lands makes our potential acquisitions more expensive and we face increased competition in making acquisitions.
- There is a limited availability of quality properties that would be potential business targets for our business.
The other 29 risks
- We face acquisition disadvantages due to our size and lack of funding.
- We face ongoing challenges in retaining talent and recruiting contractors with expertise in our industry.
- Our operations require high infrastructure costs.
- We may experience difficulty raising capital to fund our operations
- We depend on our Chief Executive Officer and Chief Financial Officer and the loss of this individual could adversely affect our business.
- Rapid technological change may result in our technology becoming obsolete or in our competitors having an advantage.
- The timelines for integration and deployment may cause uncertainty and unpredictability in our results of operations.
- Our component and infrastructure dependency may result in supply chain delays and disruption.
- We rely on strategic partnerships with third parties to advance our business strategy.
- There is uncertainty that the markets will adopt AI compute infrastructure as it is a relatively new industry.
- We face a changing regulatory landscape and increasing compliance costs that must be paid to continue our operations.
- We face advanced security requirements and risks due to cybersecurity and data protection regulations.
- We require additional, significant capital to fund our expansion; none of which is committed at this time.
- Our commitment to sustainability adds additional costs and obligations to our business.
- We face reputational risks if we experience bad publicity or adverse results in our operations.
- We face regional operational challenges that may result in additional administrative expense and complexity in our operations.
- Our independent auditors have expressed substantial doubt about our ability to continue as a going concern.
- Risks Associated with Our Common Stock
- Trading on the Over-the-Counter markets may be volatile and sporadic, which could depress the market price of our common stock and make it difficult for our stockholders to resell their shares.
- Our stock is a penny stock. Trading of our stock may be restricted by the SEC’s penny stock regulations and the FINRA’s sales practice requirements, which may limit a stockholders’ ability to buy and sell our stock.
- Our common stock may be affected by limited trading volume and price fluctuation which could adversely impact the value of our common stock.
- FINRA sales practice requirements may also limit a stockholders’ ability to buy and sell our stock.
- Because the SEC imposes additional sales practice requirements on brokers who deal in shares of penny stocks, some brokers may be unwilling to trade our securities. This means that you may have difficulty reselling your shares, which may cause the value of your investment to decline.
- A decline in the price of our common stock could affect our ability to raise further working capital, it may adversely impact our ability to continue operations and we may go out of business.
- Our stock price may be volatile.
- We have never paid a cash dividend on our common stock and we do not anticipate paying any in the foreseeable future.
- We have not voluntarily implemented various corporate governance measures, in the absence of which, shareholders may have more limited protections against interested director transactions, conflicts of interest and similar matters.
- Difficulties we may encounter managing our growth could adversely affect our results of operations.
- If we lose key personnel or are unable to attract and retain additional qualified personnel, we may not be able to successfully manage our business and achieve our objectives.
- Offers or availability for sale of a substantial number of shares of our common stock may cause the price of our common stock to decline.
Legal proceedings
From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties and an adverse result in these or other matters may arise from time to time that may harm our business. Except as set forth below, we are currently not aware of any such pending or threatened legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating results.
On or about March 4, 2024, the Company filed a complaint against Mother Lode Mining, Inc., a Canadian company, and Robert Salna (the “Defendants”), seeking damages in an amount of not less than $2,237,800 (plus interest, additional costs and attorneys’ fees) due from Defendants as a result of their breach of their obligations and duties arising from the sale of Compañía Minera Cerros Del Sur, S.A. de C.V. in 2023 (the “Sale”). The complaint was filed in the United States District Court for the District of Utah, Central Division (Case No. 2:24-cv-00171-TS-CMR, the “Case”). On February 4, 2026, the Company and the Defendants entered into a settlement agreement resolving all disputes in connection with the Sale. Under the settlement, the parties agreed to a mutual dismissal with prejudice of all claims, counterclaims, and causes of action asserted or that could have been asserted in the Case or in any other forum. As part of the settlement, the parties executed a mutual general release of all claims and potential claims against the other parties and their affiliates.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARBLUSKY AI INC. filings on SEC EDGAR
- 2SEC EDGARBLUSKY AI INC. filings on SEC EDGAR
- 3
- 4SEC EDGARBLUSKY AI INC. 10-K for fiscal 2021
- 5SEC EDGARBLUSKY AI INC. 10-K for fiscal 2021
- 6SEC EDGARBLUSKY AI INC. 10-K for fiscal 2019
- 7SEC EDGARBLUSKY AI INC. 10-Q for fiscal 2026
- 8SEC EDGARBLUSKY AI INC. 10-Q for fiscal 2026
- 9
- 10SEC EDGARBLUSKY AI INC. 10-K for fiscal 2024
- 11
- 12
- 13SEC EDGARMichael Ahlin, President
- 14
- 15
- 16
- 17SEC EDGARReed L. Benson, Board member
- 18SEC EDGARKay W. Briggs, Board member
- 19SEC EDGARTrent D'Ambrosio, Board member
- 20
- 21SEC EDGARRegulation FD disclosure
- 22
- 23
- 24SEC EDGARRegulation FD disclosure
- 25
- 26SEC EDGARRegulation FD disclosure
- 27SEC EDGARRegulation FD disclosure
- 28SEC EDGARRegulation FD disclosure
- 29
- 30SEC EDGARRegulation FD disclosure
- 31SEC EDGARRegulation FD disclosure
- 32SEC EDGARRegulation FD disclosure