SKYX Platforms Corp. SKYX Increase Decrease In Royalties Payable
Increase Decrease In Royalties Payable at other companies
Other financials
Where this comes from
Reported directly by SKYX Platforms Corp. in its filing.
Tagged under the XBRL concept us-gaap:IncreaseDecreaseInRoyaltiesPayable.
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 increase decrease in royalties payable?
- SKYX Platforms Corp. (SKYX) reported increase decrease in royalties payable of -$125K in Q1 2026.
- What is the long-term trend for SKYX Platforms Corp.'s increase decrease in royalties payable?
- Over 2 years (2022 to 2024), SKYX Platforms Corp.'s increase decrease in royalties payable has grown at a -18.4% compound annual growth rate (CAGR), from -$1.2M to -$800K.
- What does increase decrease in royalties payable mean?
- This measures the net change in obligations owed to third parties for the use of intellectual property or licensed technology. It reflects the timing of royalty payments relative to the revenue generated from the underlying products. Monitoring this helps assess the company's ongoing commitment to external technology partners and its short-term liability management.