SkyAI, Inc.

SkyAI, Inc.

SKYA · NASDAQ · Technology / Software - Infrastructure

2.32USD-0.13 (-5.31%)

Price History

Full chart

Market Stats

Previous Close2.45
Open2.39
Day Range2.29 – 2.42
52-Week Range0.91 – 6.87
Volume526.61K
Market Cap81.31M
P/E (TTM)0.00
Forward P/E0.00
EPS-26.98
Dividend Yield0.00%
Beta2.07
50-Day Avg1.34
200-Day Avg1.67

About

SkyAI, Inc. engages in building an Agentic finance for the global south. It combines stablecoin rails with AI to deliver financial access, education, and actionable intelligence to the underbanked users in Asia, Latin America, and Africa. The company was formerly known as Sharps Technology, Inc. and changed its name to SkyAI, Inc. in May 2026. SkyAI, Inc. was incorporated in 2017 and is based in Melville, New York.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Paul Kruger Danner III
  • Headquarters105 Maxess Road, Melville, NY, United States, 11747, USA
  • Websitehttps://www.theskyai.co

Leadership

  • Mr. Paul Kruger Danner IIIPrincipal Executive Officer and Executive Chairman · b. 1958
  • Mr. Arthur R. Levine CPAChief Financial Officer · b. 1958

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue000204.12K
Cost of Revenue--0617.45K
Gross Profit--0-413.32K
Gross Margin----202.49%
Operating Expense--5.57M12.88M
Operating Income-8.74M-10.13M-5.57M-13.29M
Operating Margin----6512.09%
EBITDA-8.08M-9.24M-3.52M-269.79M
EBITDA Margin----132170.41%
Net Income-4.64M-9.84M-9.30M-282.50M
Net Income Margin----138400.02%
R&D2.28M1.61M531.23K198.76K
R&D as % of Total Revenue---97.38%
Interest Expense--1.66M416.66K
Interest Expense % of Total Revenue---204.13%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets11.84M11.79M7.31M269.08M
Total Liabilities2.20M3.85M5.32M4.70M
Total Equity9.64M7.93M2.00M264.38M
Cash4.17M3.01M754.80K10.38M
Total Debt---3.08M
Net Debt--3.01M-7.30M

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--6.43M-8.51M-4.40M-16.72M
Investing Cash Flow-----189.16M
Financing Cash Flow-12.24M8.03M5.91M215.51M
Capital Expenditure0752.34K698.28K138.80K3
Free Cash Flow--7.19M-9.21M-4.40M-16.72M
FCF to OCF-111.69%108.21%100.00%100.00%

Earnings

Report DateJun 30, 2022Sep 30, 2022Mar 1, 2023May 15, 2023Aug 14, 2023Nov 14, 2023Feb 28, 2024May 14, 2024Aug 28, 2024Nov 27, 2024Mar 27, 2025May 15, 2025Aug 13, 2025Nov 14, 2025May 29, 2026Aug 7, 2026Nov 13, 2026
EPS Estimate----858.01-528.01-594.01--264.00-----0.94-1.01---
EPS Actual342.46-1719.01-596.04-1320.01-1452.02-1122.01-1340.20-330.00-643.64-379.55-662.9938.623.58-4.33-1.19-0.32-
Surprise----53.85%-175.00%-88.89%--25.00%----480.85%-328.71%---
Timing---After-hoursAfter-hoursAfter-hours-After-hours----After-hoursAfter-hours---

Key Statistics & Ratios

Market Cap81.31M
Enterprise Value67.19M
Trailing P/E0.00
Forward P/E0.00
Price / Sales14.22
Price / Book0.42
EPS-26.98
Book Value3.66
Revenue (TTM)5.72M
Gross Profit (TTM)4.76M
EBITDA-20.91M
Profit Margin0.00%
Operating Margin-254.23%
Return on Equity-451.20%
Return on Assets-14.78%
Shares Outstanding43.25M
Shares Float33.43M
Beta2.07
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
27.03%
Insiders
17.12%
Retail / Other
55.85%

Top Institutional Holders

  • Electric Capital Partners, LLC
    2.62M6.06%
  • Saba Capital Management, LP
    1.51M3.50%
  • Vanguard Capital Management, LLC
    1.17M2.70%
  • Pantera Capital Partners LP
    1.15M2.66%
  • ParaFi Capital LP
    1.15M2.66%
  • Arrington Capital Management, LLC
    1.04M2.41%
  • SCOGGIN LLC
    1.00M2.31%
  • Citadel Advisors Llc
    989.15K2.29%
  • Geode Capital Management, LLC
    341.37K0.79%
  • UBS Group AG
    273.05K0.63%
  • Wolverine Asset Management LLC
    173.90K0.40%
  • Vanguard Fiduciary Trust Co
    164.48K0.38%
  • CANTOR FITZGERALD, L. P.
    153.84K0.36%
  • State Street Corp
    118.80K0.27%
  • BlackRock Inc
    94.54K0.22%
  • Spears Abacus Advisors LLC
    84.14K0.19%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    836.21K1.93%
  • Fidelity Extended Market Index
    220.25K0.51%
  • Abante Quant Value FI
    186.88K0.43%
  • iShares Micro-Cap ETF
    122.92K0.28%

Stock Splits

  • Apr 28, 20251:300
  • Oct 16, 20241:22