SKYA on Nasdaq
SkyAI, Inc.
SkyAI, Inc. is an American finance services company based in Melville, incorporated in Nevada.1
Price unavailable
Last updated Oct 21, 2026.
Overview
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- TickerSKYA on Nasdaq1
- IndustryFinance Services1
- HeadquartersMelville, New York1
- Incorporated inNV2
- Business address105 Maxess Road, Ste. 124, Melville, Ny 117472
- Filer category, Emerging growth company2
- Legal formCorporation
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Principal Financial Officer, to oversee the implementation of our Treasury Policy (the “Treasury Oversight Committee”).4 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 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue4¢$617.4K
- Research and development1¢$198.8K
- Selling, general and admin95¢$16.1M
Out of $204.1K in revenue.5 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Revenue | $204.1K | |
| Cost of goods sold | $198.6K | |
| Cost of goods sold - inventory reserve | $418.9K | |
| Total Cost of Goods Sold | $617.4K | |
| Gross Margin (Loss) | -$413.3K | |
| Staking Revenue, net | $6.8M | |
| Warrant issuance related party | $101.3M | |
| Consulting fees related parties | $3.4M | |
| Selling, general and administrative | $16.1M | $5.0M |
| Research and development | $198.8K | $531.2K |
| Unrealized loss on digital assets | $153.0M | |
| Realized loss on digital assets | $1.3M | |
| Digital asset transaction expenses | $872.9K | |
| Total Operating Expenses | $276.1M | $5.6M |
| Loss from Operations | -$269.7M | -$5.6M |
| Interest expense, net | -$416.7K | -$1.7M |
| Fair market value adjustment on warrants | $4.8M | $3.0M |
| Realized loss on derivatives | -$5.0M | |
| Other expense | -$1.0M | |
| Total Other Income (Expense) | -$600.1K | $342.3K |
| Net Loss Before Provision for Taxes | -$270.3M | -$5.2M |
| Net Loss from Continuing Operations | -$270.3M | -$5.2M |
| Loss from discontinued operations | -$11.2M | -$4.1M |
| Loss on disposal | -$1.1M | |
| Income tax benefit | $132.0K | $30.0K |
| Loss from Discontinued Operations | -$12.2M | -$4.1M |
| Net Loss | -$282.5M | -$9.3M |
| Net loss per share from Continuing Operations, basic | -$11 | -$1.2K |
| Net loss per share from Continuing Operations, diluted | -$11 | -$1.2K |
| Net loss per share from Discontinued Operations, basic | -$0 | -$972 |
| Net loss per share from Discontinued Operations, diluted | -$0 | -$972 |
| Net loss per share, basic | -$11.16 | -$2,219.92 |
| Net loss per share, diluted | -$11.16 | -$2,219.92 |
| Weighted average shares used to compute net loss per share, basic | 25.3M shares | 4.2K shares |
| Weighted average shares used to compute net loss per share, diluted | 25.3M shares | 4.2K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 9 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2025-08-31 | 2025-04-30 | 2024-12-31 | 2024-07-31 |
|---|---|---|---|---|---|
| Cash | $10.4M | $754.8K | |||
| Escrow deposit | $250.0K | ||||
| Prepaid expenses related party | $6.7M | ||||
| Prepaid expenses and other assets | $475.9K | $84.4K | |||
| Inventories, net | $645.3K | $538.8K | |||
| Current Assets, Discontinued Operations | $1.5M | ||||
| Current Assets | $18.9M | $3.2M | |||
| Fixed assets, net | $81.2K | $1.2M | |||
| Digital assets, at fair value | $250.1M | ||||
| Other assets | $370 | $72.2K | |||
| Non-Current Assets, Discontinued Operations | $2.9M | ||||
| Total Assets | $269.1M | $7.3M | |||
| Accounts payable | $590.7K | $693.2K | |||
| Accrued expenses and other | $922.0K | $346.5K | |||
| Margin loan | $3.1M | ||||
| Notes payable, net of discount | $3.8M | ||||
| Warrant liability | $97.5K | $98.9K | |||
| Current liabilities, Discontinued Operations | $283.4K | ||||
| Total Current Liabilities | $4.7M | $5.2M | |||
| Non-Current Liabilities, Discontinued Operations | $132.0K | ||||
| Total Liabilities | $4.7M | $5.3M | |||
| Common stock, $0.0001 par value; 500,000,000 shares authorized (2024: 1,666,667); 28,995,402 shares issued and outstanding (2024: 6,827) | $2.9K | ||||
| Additional paid-in capital | $581.3M | $36.4M | |||
| Accumulated other comprehensive income | $23.3K | ||||
| Accumulated deficit | -$316.9M | -$34.4M | |||
| Total Stockholders Equity | $264.4M | $2.0M | |||
| Total Liabilities and Stockholders Equity | $269.1M | $7.3M | |||
| Preferred stock, par value | $0.00 | $0.00 | |||
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | |||
| Preferred stock, shares issued | 0 shares | 0 shares | |||
| Preferred stock, shares outstanding | 0 shares | 0 shares | |||
| Common stock, par value | $0.00 | $0.00 | $0.00 | ||
| Common stock, shares authorized | 500.0M shares | 500.0M shares | 1.7M shares | 1.7M shares | 500.0M shares |
| Common stock, shares issued | 29.0M shares | 6.8K shares | |||
| Common stock, shares outstanding | 29.0M shares | 6.8K shares |
| Period ending | 2025-12-31 | 2025-08-31 | 2025-04-30 | 2024-12-31 | 2024-07-31 | 2023-12-31 | 2022-03-31 | 2019-04-30 | 2017-11-30 |
|---|---|---|---|---|---|---|---|---|---|
| Cash | $10.4M | $754.8K | |||||||
| Escrow deposit | $250.0K | ||||||||
| Prepaid expenses related party | $6.7M | ||||||||
| Prepaid expenses and other assets | $475.9K | $84.4K | |||||||
| Inventories, net | $645.3K | $538.8K | |||||||
| Current Assets, Discontinued Operations | $1.5M | ||||||||
| Current Assets | $18.9M | $3.2M | |||||||
| Fixed assets, net | $81.2K | $1.2M | |||||||
| Digital assets, at fair value | $250.1M | ||||||||
| Other assets | $370 | $72.2K | |||||||
| Non-Current Assets, Discontinued Operations | $2.9M | ||||||||
| Total Assets | $269.1M | $7.3M | |||||||
| Accounts payable | $590.7K | $693.2K | |||||||
| Accrued expenses and other | $922.0K | $346.5K | |||||||
| Margin loan | $3.1M | ||||||||
| Notes payable, net of discount | $3.8M | ||||||||
| Warrant liability | $97.5K | $98.9K | |||||||
| Current liabilities, Discontinued Operations | $283.4K | ||||||||
| Total Current Liabilities | $4.7M | $5.2M | |||||||
| Non-Current Liabilities, Discontinued Operations | $132.0K | ||||||||
| Total Liabilities | $4.7M | $5.3M | |||||||
| Common stock, $0.0001 par value; 500,000,000 shares authorized (2024: 1,666,667); 28,995,402 shares issued and outstanding (2024: 6,827) | $2.9K | ||||||||
| Additional paid-in capital | $581.3M | $36.4M | $9.0M | ||||||
| Accumulated other comprehensive income | $23.3K | ||||||||
| Accumulated deficit | -$316.9M | -$34.4M | |||||||
| Total Stockholders Equity | $264.4M | $2.0M | $7.9M | ||||||
| Total Liabilities and Stockholders Equity | $269.1M | $7.3M | |||||||
| Preferred stock, par value | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | 1.0M shares | 10.0K shares | |||||
| Preferred stock, shares issued | 0 shares | 0 shares | |||||||
| Preferred stock, shares outstanding | 0 shares | 0 shares | |||||||
| Common stock, par value | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| Common stock, shares authorized | 500.0M shares | 500.0M shares | 1.7M shares | 1.7M shares | 500.0M shares | 100.0M shares | 50.0M shares | 20.0M shares | |
| Common stock, shares issued | 29.0M shares | 6.8K shares | |||||||
| Common stock, shares outstanding | 29.0M shares | 6.8K 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.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Consolidated net loss | -$282.5M | -$9.3M |
| Less: Loss from discontinued operations | $12.2M | $4.1M |
| Loss from continuing operations | -$270.3M | -$5.2M |
| Depreciation and amortization | $132.5K | $37.5K |
| Accretion of debt discount | $708.4K | $1.7M |
| FMV adjustment for warrants | -$4.8M | -$3.0M |
| Digital assets received as staking revenues, net | -$6.8M | |
| Realized loss on digital assets | $1.3M | |
| Unrealized loss on digital assets | $153.0M | |
| Realized loss on derivatives | $5.0M | |
| Escrow forfeited | $250.0K | $1.0M |
| Foreign exchange impact | $378.4K | $516.9K |
| Accounts receivable - trade | -$204.1K | |
| Prepaid expenses - related party | $3.3M | |
| Prepaid expenses and other | -$322.8K | -$12.7K |
| Inventory | -$298.2K | |
| Other assets | $40.0K | -$25.2K |
| Accounts payable and accrued liabilities | $238.4K | $98.4K |
| Net cash used in operating activities | -$11.0M | -$4.4M |
| Purchase of digital assets | -$170.5M | |
| Purchase of USDC | -$17.0M | |
| Escrow payment forfeited | -$1.0M | |
| Net cash used in investing activities | -$187.5M | -$1.0M |
| Net proceeds from offerings and warrant exercises | $212.1M | $3.4M |
| Proceeds from debt financing | $2.5M | |
| Repayment of debt financing | -$4.2M | |
| Proceeds from margin loan | $7.6M | |
| Net cash provided by financing activities | $215.5M | $5.9M |
| NET INCREASE IN CASH CONTINUING OPERATIONS | $17.0M | $506.0K |
| Beginning cash - discontinued operations | $109.2K | $23.0K |
| Operating Activities | -$5.8M | -$2.5M |
| Investing Activities | -$1.6M | -$129.8K |
| Ending cash - discontinued operations | -$109.2K | |
| NET DECREASE IN CASH - DISCONTINUED OPERATIONS | -$7.4M | -$2.7M |
| Digital assets received from common stock issuance | $144.0M | |
| USDC/USDT received from common stock issuance | $86.1M | |
| USDC/USDT used for purchases of digital assets | -$83.5M | |
| USDC transferred to related party | -$10.0M | |
| USDC repayment of margin loan | -$4.6M | |
| USDC payments for realized derivatives losses | -$5.0M | |
| OID interest | $875.0K |
No quarter-by-quarter statement was filed.
Corporate structure
SkyAI, Inc. sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SkyAI, Inc.
- Bastion Trading Ltd Filed SCHEDULE 13D on SkyAI, Inc., latest Sep 3, 2026 (4 filings since Jan 26, 2026)
- Saba Capital Management, L.P. Filed SCHEDULE 13G/A on SkyAI, Inc., latest Aug 13, 2026 (6 filings since Jan 15, 2026)
- FalconX Holdings Ltd Filed SCHEDULE 13D/A on SkyAI, Inc., latest Feb 13, 2026 (2 filings since Feb 13, 2026)
- Electric Capital Partners, LLC Filed SCHEDULE 13G on SkyAI, Inc., latest Dec 22, 2025
- BIGGER CAPITAL FUND L P Filed SCHEDULE 13G/A on SkyAI, Inc., latest Nov 12, 2025 (2 filings since Jan 31, 2025)
- Altium Capital Management LLC Filed SCHEDULE 13G/A on SkyAI, Inc., latest Aug 14, 2025 (2 filings since Feb 5, 2025)
- Bank of America Filed SCHEDULE 13G/A on SkyAI, Inc., latest Jun 6, 2025 (2 filings since May 7, 2025)
- Anson Funds Management LP Filed SCHEDULE 13G on SkyAI, Inc., latest May 15, 2025
- Walleye Capital LLC Filed SC 13G/A on SkyAI, Inc., latest Nov 13, 2024 (2 filings since Feb 14, 2024)
- Empery Asset Management, LP Filed SC 13G/A on SkyAI, Inc., latest Oct 9, 2024 (2 filings since Jan 9, 2024)
- David A. Loewenstein Filed SC 13G on SkyAI, Inc., latest Apr 21, 2022
- SkyAI, Inc. Melville, New York
- Sharps Acquisition Subsidiary · Nevada, United States
- Sol Equity HK Limited Subsidiary · Hong Kong
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SkyAI, 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 |
|---|---|---|---|
| Property and equipment, before depreciation | $290.7K5 Dec 31, 2025 | $2.7M5 Dec 31, 2024 | −89.1% |
| Accumulated depreciation | $209.5K5 Dec 31, 2025 | $1.5M5 Dec 31, 2024 | −85.9% |
| Property and equipment, net | $81.2K5 Dec 31, 2025 | $1.2M5 Dec 31, 2024 | −93.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $10.4M5 Dec 31, 2025 | $754.8K5 Dec 31, 2024 | +1275.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $32.5K5 Dec 31, 2024 | $52.5K8 Dec 31, 2023 | −38.1% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $645.3K5 Dec 31, 2025 | $538.8K5 Dec 31, 2024 | +19.8% |
| Raw materials | $326.1K8 Dec 31, 2024 | $254.5K8 Dec 31, 2023 | +28.1% |
| Work in process | $81.1K8 Dec 31, 2024 | $170.5K8 Dec 31, 2023 | −52.4% |
| Finished goods | $645.3K5 Dec 31, 2025 | $538.8K5 Dec 31, 2024 | +19.8% |
Properties, in its own words
Description of Property
We lease office space, on a month-to-month basis, at 105 Maxess Road, Melville, New York 11747. Our monthly rent is $233.
Item 2 of the 10-K filed Mar 31, 2026.4
Leadership
Who has led SkyAI, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- ChairSoren Bo Christiansen May 5, 2022 to May 5, 202211
- Chief financial officerAndrew R. Crescenzo Apr 20, 2022 to now12
- Chief operating officerAlan R. Blackman Apr 18, 2022 to May 4, 202213
Board members and other officers (10)
- Chief Investment OfficerYuwen Zhang Oct 6, 2025 to now14
- CTO and InventorBarry Boris Berler Apr 19, 2022 to May 5, 202215
- Board memberAndrew R. Crescenzo Aug 26, 2025 to now16
- Board memberYuwen Zhang Oct 6, 2025 to now14
- Board memberAlan R. Blackman Apr 18, 2022 to Jan 27, 202313
- Board memberBrenda Baird Simpson Apr 18, 2022 to now17
- Board memberJason L. Monroe Apr 18, 2022 to now18
- Board memberPaul K. Danner Apr 18, 2022 to now19
- Board memberSoren Bo Christiansen Apr 18, 2022 to now20
- Board memberTimothy James Ruemler Apr 18, 2022 to now21
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Sharps Technology Inc.May 2, 2018 to May 15, 20262
Timeline
- Oct 15, 20268-K Other events22
- Oct 13, 20268-K Other events23
- Sep 24, 20268-K Shareholder vote24
- Jul 17, 20268-K Other events25
- Jun 1, 20268-K Bylaws or fiscal year changed; Other events26
- May 29, 20268-K Entered a material agreement; Executive or director change27
- Feb 23, 20268-K Entered a material agreement; Executive or director change28
- Jan 16, 20268-K Bylaws or fiscal year changed; Code of ethics changed; Other events29
- Jan 16, 20268-K Entered a material agreement; Other events30
- Dec 23, 20258-K Executive or director change31
- Oct 15, 20258-K Shareholder vote32
- Oct 9, 20258-K Entered a material agreement33
Calendar
Coming up
- Nov 13, 2026Reports results for the quarter ending Sep/202634
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
342 filings to the SEC since October 2021: 5 annual reports, 14 quarterly reports, 89 major events, 88 insider forms, 25 large holders, 1 private raises, 120 other. The latest 20:
- Oct 15, 2026SC TO-C EDGAR
- Oct 15, 20268-K EDGAR
- Oct 13, 2026SC TO-C EDGAR
- Oct 13, 20268-K EDGAR
- Oct 9, 20264 OWNERSHIP DOCUMENT EDGAR
- Oct 9, 20263 OWNERSHIP DOCUMENT EDGAR
- Sep 24, 20268-K EDGAR
- Sep 14, 2026DEFA14A EDGAR
- Sep 3, 2026SCHEDULE 13D EDGAR
- Aug 18, 2026DEF 14A EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 7, 202610-Q EDGAR
- Jul 17, 20268-K EDGAR
- Jun 3, 20263 EDGAR
- Jun 1, 20268-K EDGAR
- May 29, 20268-K EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 14, 202610-Q EDGAR
The 342 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
71 open-market trades by officers, directors and large owners since October 2021: 64 buys and 7 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 16, 2026 | Saba Capital Management, L.P.10% owner | Sale | 12,182 | $2.37 | $28.9K | Form 4 |
| Jan 15, 2026 | Saba Capital Management, L.P.10% owner | Sale | 25,000 | $2.30 | $57.5K | Form 4 |
| Jan 14, 2026 | Saba Capital Management, L.P.10% owner | Sale | 77,688 | $2.25 | $174.8K | Form 4 |
| Jan 13, 2026 | Saba Capital Management, L.P.10% owner | Sale | 29,777 | $2.19 | $65.2K | Form 4 |
| Jan 12, 2026 | Monarch Digital, Inc.10% owner | Sale | 239,588 | $1.97 | $472.0K | Form 4 |
| Jan 9, 2026 | Monarch Digital, Inc.10% owner | Sale | 529,732 | $1.93 | $1.0M | Form 4 |
| Aug 27, 2025 | Ruemler Timothy JamesDirector | Sale | 20,000 | $16.74 | $334.8K | Form 4 |
| Aug 25, 2025 | Ruemler Timothy JamesDirector | Buy | 40,000 | $11.36 | $454.3K | Form 4 |
| Aug 22, 2025 | Christiansen Soren BoDirector | Buy | 80,000 | $6.41 | $512.8K | Form 4 |
| Aug 22, 2025 | Hayes Robert MichaelDirector | Buy | 100,000 | $6.41 | $641.0K | Form 4 |
| Aug 22, 2025 | DANNER PAUL KDirector | Buy | 400,000 | $6.41 | $2.6M | Form 4 |
| Aug 22, 2025 | Monroe Jason L.Director | Buy | 80,000 | $6.41 | $512.8K | Form 4 |
| Aug 22, 2025 | Simpson Brenda BairdDirector | Buy | 20,000 | $6.41 | $128.2K | Form 4 |
| Aug 22, 2025 | Crescenzo Andrew R.Chief Financial Officer | Buy | 40,000 | $6.41 | $256.4K | Form 4 |
| Jul 15, 2025 | DANNER PAUL KDirector | Buy | 5 | $20.00 | $100 | Form 4 |
| Mar 31, 2025 | Hayes Robert MichaelDirector | Buy | 125,000 | $0.03 | $3.8K | Form 4 |
| Feb 28, 2025 | Hayes Robert MichaelDirector | Buy | 175,000 | $0.04 | $7.0K | Form 4 |
| Dec 5, 2024 | Hayes Robert MichaelDirector | Buy | 1,700 | $2.06 | $3.5K | Form 4 |
| Dec 5, 2024 | Hayes Robert MichaelDirector | Buy | 1,700 | $2.06 | $3.5K | Form 4 |
| Dec 4, 2024 | Hayes Robert MichaelDirector | Buy | 3,300 | $1.99 | $6.6K | Form 4 |
All 71 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Bastion Trading LtdSCHEDULE 13D, 4 filings Jan 26, 2026 to Sep 3, 202635
- Saba Capital Management, L.P.SCHEDULE 13G/A, 6 filings Jan 15, 2026 to Aug 13, 202636
- FalconX Holdings LtdSCHEDULE 13D/A, 2 filings Feb 13, 202637
- Electric Capital Partners, LLCSCHEDULE 13G, 1 filing Dec 22, 202538
- BIGGER CAPITAL FUND L PSCHEDULE 13G/A, 2 filings Jan 31, 2025 to Nov 12, 202539
- Altium Capital Management LLCSCHEDULE 13G/A, 2 filings Feb 5, 2025 to Aug 14, 202540
- Bank of AmericaSCHEDULE 13G/A, 2 filings May 7, 2025 to Jun 6, 202541
- Anson Funds Management LPSCHEDULE 13G, 1 filing May 15, 202542
- Walleye Capital LLCSC 13G/A, 2 filings Feb 14, 2024 to Nov 13, 202443
- Empery Asset Management, LPSC 13G/A, 2 filings Jan 9, 2024 to Oct 9, 202444
- David A. LoewensteinSC 13G, 1 filing Apr 21, 202245
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Paul K. Danner | 68 | $250.1K | $3.5M46 |
| 2025 | Yuwen (Alice) Zhang | 35 | $212.5K | $3.0M46 |
| 2025 | Robert M. Hayes | $1.6M | $2.3M46 | |
| 2025 | Andrew R. Crescenzo | $259.9K | $575.5K46 | |
| 2024 | Robert M. Hayes | $600.0K | $624.7K46 | |
| 2024 | Andrew R. Crescenzo | $225.0K | $251.9K46 |
Money raised
Private offerings the company reported to the SEC on Form D.
- Aug 28, 2025Raised $410.9 million in a private offering of equity Form D: $1 billion offered in all Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 30. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Electric Capital Partners, LLC | 2,621,210 | $2.9M | 2.9% | New |
| ParaFi Capital LP | 2,150,180 | $2.4M | 0.9% | +1,000,180 |
| Saba Capital Management, L.P. | 1,511,988 | $1.7M | 0.1% | No change |
| Vanguard Capital Management LLC | 1,393,242 | $1.5M | 0.0% | +226,249 |
| Pantera Capital Partners LP | 1,150,000 | $1.3M | 1.3% | No change |
| Arrington Capital Management, LLC | 1,043,076 | $1.2M | 1.3% | No change |
| Scoggin Management LP | 1,000,000 | $1.1M | 0.3% | No change |
| Citadel Advisors LLC | 989,153 | $1.1M | 0.0% | +115,196 |
| Geode Capital Management, LLC | 399,666 | $443.9K | 0.0% | +58,295 |
| Shay Capital LLC | 369,832 | $410.5K | 0.0% | New |
| UBS Group AG | 309,738 | $343.8K | 0.0% | +36,684 |
| Vanguard Fiduciary Trust Co | 249,848 | $277.3K | 0.0% | +85,365 |
| BlackRock, Inc. | 226,566 | $251.5K | 0.0% | +132,028 |
| State Street Corp | 118,800 | $131.9K | 0.0% | No change |
| Northern Trust Corp | 96,522 | $107.1K | 0.0% | +35,830 |
| Susquehanna International Group, Llp | 84,810 | $94.1K | 0.0% | +44,486 |
| Cannell & Spears LLC | 84,138 | $93.4K | 0.0% | No change |
| Schonfeld Strategic Advisors LLC | 60,693 | $67.4K | 0.0% | −7,181 |
| XTX Topco Ltd | 49,738 | $55.2K | 0.0% | +13,456 |
| Vanguard Global Advisers, LLC | 15,766 | $17.5K | 0.0% | No change |
| Two Sigma Securities, LLC | 15,646 | $17.4K | 0.0% | New |
| Wolverine Asset Management LLC | 12,842 | $14.3K | 0.0% | −161,062 |
| Morgan Stanley | 8,649 | $9.6K | 0.0% | No change |
| Group One Trading LLC | 700 | $777 | 0.0% | No change |
| Simplex Trading, LLC | 620 | $688 | 0.0% | +164 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How SkyAI, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSkyAI, Inc.1
- CIK0001737995
- Employer ID (EIN)82-37517284
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company4
- Incorporated inNevada4
- Fiscal year endsDecember 311
- Industry code (SIC)6199 Finance Services1
- SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
- Business address105 Maxess Road, Ste. 124, Melville, NY 117471
- Phone(631) 574 -44361
- Shares outstanding42,982,506 as of Aug 4, 202610
- Public float$5.6M as of Jun 30, 20254
- AuditorPKF O’Connor Davies, LLP, New York, New York PCAOB ID 127; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMay 2, 20181
- Filings347 in all: 8-K (87), 4 (74), CORRESP (17), 3 (15), 10-Q (14), UPLOAD (13), EFFECT (10), SCHEDULE 13G/A (10)1
All 47 form types
DEF 14A (8), S-1/A (8), PRE 14A (7), SCHEDULE 13G (7), DEFA14A (6), S-3 (5), 10-K (4), D (4), S-1 (4), S-3/A (4), 1-A/A (3), 424B3 (3), 424B4 (3), AW (3), SC 13G (3), 253G3 (2), 424B5 (2), 8-K/A (2), DEFR14A (2), DRS/A (2), DRSLTR (2), PRER14A (2), QUALIF (2), SC 13G/A (2), SC TO-C (2), SCHEDULE 13D (2), 1-A (1), 1-A POS (1), 1-A-W (1), 10-K/A (1), 4/A (1), 8-A12B (1), CERT (1), DRS (1), POS AM (1), S-1MEF (1), S-3MEF (1), S-8 (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Mar 31, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Aug 18, 2026
Latest 8-K (8-K) Oct 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, Par Value $0.0001 | STSS | Nasdaq |
| Common Stock Purchase Warrants | STSSW | Nasdaq |
From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks SkyAI, Inc. names in Item 1A of its 10-K filed Mar 31, 2026: 46 risks under these headings, as written.4
- Risks Related to Our Technology, Business, and Industry
- We are an early-stage company with a history of losses.
- We have a limited operating history and we may not succeed.
- We may not succeed in selling and distributing syringes.
- We may encounter significant competition and may not be able to successfully compete.
- We are subject to product liability risk.
- Our business may be affected by changes in the health care regulatory environment.
- We are dependent on our management; without whose services our business operations could cease.
- We may not be able to raise capital as needed to develop our products or maintain our operations.
- Risks Related to Ownership of Our Common Stock
- The price of our Common Stock has been and may continue to be volatile and fluctuate substantially, which could result in substantial losses for purchasers of our Common Stock.
- Our financial results and the market price of our Common Stock may be affected by the prices of SOL.
The other 36 risks
- If securities analysts do not publish research or reports about our business or if they publish negative, or inaccurate, evaluations of our Common Stock, the price of our stock and trading volume could decline.
- We have never paid common stock dividends and have no plans to pay dividends in the future, as a result our common stock may be less valuable because a return on an investor’s investment will only occur if our stock price appreciates.
- Our shares will be subject to potential delisting if we do not maintain the listing requirements of the Nasdaq Capital Market.
- We incur increased costs as a result of operating as a public company, and our management is required to devote substantial time to compliance with our public company responsibilities and corporate governance practices.
- As a result of being a public company, we are obligated to develop and maintain proper and effective internal controls over financial reporting, and any failure to maintain the adequacy of these internal controls may adversely affect investor confidence in our company and, as a result, the value of our common stock.
- A sale of a substantial number of shares of our common stock may cause the price of the common stock to decline.
- Our stock price may be volatile, and the value of our common stock may decline.
- We do not intend to pay dividends on our common stock for the foreseeable future.
- Our articles of incorporation allow for our board to create new series of preferred stock without further approval by our stockholders, which could adversely affect the rights of the holders of our common stock.
- Future securities issuances could result in significant dilution to our stockholders and impair the market price of our common stock.
- We are an “emerging growth company,” and we cannot be certain if the reduced reporting and disclosure requirements applicable to emerging growth companies will make our common stock less attractive to investors.
- Risks Related to Our Digital Asset Trading Strategy and Cryptocurrencies
- The further development and acceptance of Solana and other cryptocurrency networks, which represent a relatively new and rapidly changing industry, are subject to a variety of factors that are difficult to evaluate. The slowing or stopping of the development or acceptance of Solana and other cryptocurrency networks may adversely affect an investment in us.
- The digital asset trading platforms on which cryptocurrency trades are relatively new and largely unregulated or may not be complying with existing regulations.
- We may be unable to successfully implement our digital asset treasury strategy with a focus on SOL.
- Our shift towards a SOL-focused strategy requires substantial changes in our day-to-day operations and exposes us to significant operational risks.
- Our concentration in a single digital asset exposes us to unique liquidity risks that may prevent us from converting SOL into fiat currency or other assets when desired, particularly during periods of market stress.
- A disruption of the Internet may affect the operation of the cryptocurrency networks, which may adversely affect the cryptocurrency industry and an investment in us.
- Blockchain technologies are based on theoretical conjectures as to the impossibility of solving certain cryptographical puzzles quickly. These premises may be incorrect or may become incorrect due to technological advances.
- Technical shortcomings or defects in the Solana network, including changes to its validator structure, governance model, or core software, could diminish the utility and value of SOL and harm our business.
- If validators exit the Solana network, it could increase the likelihood of a malicious actor obtaining control.
- We face risks relating to the potential compromise of the Solana network and other cryptocurrencies’ network security by emerging technologies, including artificial intelligence and quantum computing, which may materially and adversely impact our operations and financial condition.
- The trading prices of many digital assets, including SOL, have experienced extreme volatility in recent periods and may continue to do so. Extreme volatility in the future, including further declines in the trading prices of SOL, could have a material adverse effect on the value of the Common Stock.
- Our management may invest or otherwise use the proceeds of any offering by us in ways with which you may not agree or in ways that may not yield a return.
- If we lose key personnel, including our Chief Investment Officer, Consultant and Strategic Advisor, or if we fail to recruit additional highly skilled personnel, our ability to operate and manage our digital asset treasury strategy will be impaired.
- Conflicts of interest may arise with our Consultant and Strategic Advisor that may adversely affect our operations.
- If we are unable to raise additional capital on acceptable terms, our ability to implement and sustain our Treasury Policy may be compromised.
- Our SOL holdings are less liquid than our existing cash and cash equivalents and may not be able to serve as a source of liquidity for us to the same extent as cash and cash equivalents.
- Our Staking Program involves a temporary loss of Transferability of Staked SOL during the “deactivation” or Cooldown Period.
- We may be subject to regulatory developments related to crypto assets and crypto asset markets, which could adversely affect our business, financial condition, and results of operations.
- Future tax legislation or regulatory guidance regarding digital assets, including the treatment of staking rewards, could materially affect our financial condition and results of operations.
- Regulatory change reclassifying SOL as a security could lead to our falling within the definition of “investment company” under the Investment Company Act of 1940, as amended (the “1940 Act”), and could adversely affect the market price of SOL and the market price of our Common Stock.
- We are not subject to legal and regulatory obligations that apply to investment companies such as mutual funds and exchange-traded funds, or to obligations applicable to investment advisers.
- Our classification as a digital asset treasury company may affect our eligibility for inclusion in stock indices and exchange-traded funds, which could adversely affect the trading price and liquidity of our Common Stock.
- We rely on third-party custodians, trading platforms, and other counterparties to acquire, secure, stake, and dispose of SOL. Any failure or malfeasance by these counterparties could result in total or partial loss of our digital assets.
- If we or our third-party service providers experience a security breach or cyberattack and unauthorized parties obtain access to our SOL, or if our private keys are lost or destroyed, or other similar circumstances or events occur, we may lose some or all of our SOL and our financial condition and results of operations could be materially adversely affected.
- We face other risks related to our SOL treasury reserve business model.
- Risks Related to Our Use of Derivatives on SOL
Legal proceedings
On October 6, 2025, the Company entered into a confidential settlement agreement and release (the “Settlement Agreement”) with Barry Berler, Plastomold Industries Ltd (“Plastomold”), Plasto Design Solutions (“PDS”), Plasto Design Ltd. (“Plasto Design,” and together with Plastomold and PDS as the “Plasto”) and Plasto Technology Group LLC (“Plasto Technology”), whereby the Company, Mr. Berler, Plasto and Plasto Technology dismissed unconditionally and irrevocably release and discharge each other and their respective representatives from and against any and all claims alleged in the Litigation (the “Settlement”). The Settlement Agreement also provides that neither party’s entry into the Settlement Agreement shall be deemed an admission of fault, responsibility, or liability for any claim alleged in the Litigation. Pursuant to the Settlement Agreement, the Company entered into definitive agreements, including a bill of sale, assignment and assumption agreement providing for the transfer by the Company to Plasto Technology of certain assets, and a contract for the transfer of business share providing for the assignment by the Company to Plasto Technology of all of the Company’s right, title and interest in and to the issued and outstanding shares of Safegard Medical Kft, our Hungarian subsidiary. In addition, the Company executed agreements for the transfer of certain patents and registered trademarks, along with the related goodwill associated therewith.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARSkyAI, Inc. filings on SEC EDGAR
- 2SEC EDGARSkyAI, Inc. filings on SEC EDGAR
- 3
- 4
- 5SEC EDGARSkyAI, Inc. 10-K for fiscal 2025
- 6SEC EDGARSkyAI, Inc. 10-K for fiscal 2021
- 7SEC EDGARSkyAI, Inc. 10-K for fiscal 2022
- 8SEC EDGARSkyAI, Inc. 10-K for fiscal 2023
- 9SEC EDGARSkyAI, Inc. 10-Q for fiscal 2026
- 10SEC EDGARSkyAI, Inc. 10-Q for fiscal 2026
- 11SEC EDGARSoren Bo Christiansen, Chair
- 12
- 13
- 14
- 15SEC EDGARBarry Boris Berler, CTO and Inventor
- 16SEC EDGARAndrew R. Crescenzo, Board member
- 17SEC EDGARBrenda Baird Simpson, Board member
- 18SEC EDGARJason L. Monroe, Board member
- 19SEC EDGARPaul K. Danner, Board member
- 20SEC EDGARSoren Bo Christiansen, Board member
- 21SEC EDGARTimothy James Ruemler, Board member
- 22SEC EDGAROther events
- 23SEC EDGAROther events
- 24SEC EDGARShareholder vote
- 25SEC EDGAROther events
- 26
- 27
- 28
- 29
- 30
- 31SEC EDGARExecutive or director change
- 32SEC EDGARShareholder vote
- 33SEC EDGAREntered a material agreement
- 34NasdaqNasdaq calendar
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
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