SKYX Platforms Corp. SKYX Equitybased Payment Of Interest
Equitybased Payment Of Interest at other companies
Other financials
Where this comes from
Reported directly by SKYX Platforms Corp. in its filing.
Tagged under the XBRL concept SKYX:EquitybasedPaymentOfInterest.
The official record: SKYX Platforms Corp.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SKYX Platforms Corp.'s equitybased payment of interest?
- SKYX Platforms Corp. (SKYX) reported equitybased payment of interest of $363.04K in Q1 2026.
- How has SKYX Platforms Corp.'s equitybased payment of interest changed year-over-year?
- SKYX Platforms Corp.'s equitybased payment of interest increased by 136.0% year-over-year, from $153.82K to $363.04K.
- What does equitybased payment of interest mean?
- This represents the portion of interest expense settled through the issuance of equity instruments rather than cash. It reflects the company's strategy to preserve cash liquidity by utilizing stock-based compensation or equity grants to satisfy debt obligations. Investors monitor this to understand the non-cash impact on interest expenses and potential shareholder dilution.