SKYANasdaqFinance ServicesUS GAAP · USD

SkyAI, Inc.

SkyAI, Inc. is a U.S.-based medical device company focused on syringe products and related drug-delivery systems. Its business includes the marketing and distribution of disposable and prefillable syringes, with operations tied to both domestic and international healthcare markets.

Liikevaihto0,2milj. USD
Liikevoitto (EBIT)−270milj. USD
−2 701,9 %v/v
EBIT-marginaali−132 145,5%
Nettotulos−283milj. USD
−2 938,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

−300−200−1000100milj. USD2022: EBIT −8,7 milj. USD20222023: EBIT −10 milj. USD20232024: EBIT −9,6 milj. USD20242025: 0,20 milj. USD2025: EBIT −270 milj. USD20250,20−270
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Disposable syringes45 %

Single-use syringe products marketed for clinical and healthcare use.

Prefillable syringes20 %

Syringe platforms designed for drug-delivery and pharmaceutical applications.

Securgard and Sologard products20 %

Named syringe product lines used in the company's commercial offering.

Distribution and inventory sales15 %

Sales of existing inventory and third-party medical products through distribution channels.

Asiakkaat

The company sells to healthcare companies, distributors, hospitals, clinics, healthcare providers, and medical supply organizations. It also targets U.S. and foreign governments for syringe and related medical product procurement. Customer demand is driven by the need for reliable, compliant, commercially available syringe supply.

Healthcare distributors

Buy syringe inventory and product lines for onward distribution into healthcare channels.

Hospitals and clinics

Purchase syringes for direct clinical use and routine patient care.

Healthcare companies

Source syringe products and drug-delivery systems for commercial supply arrangements.

Government buyers

Procure syringe products for public health, medical stockpiles, or institutional use.

Medical supply organizations

Buy and distribute syringe products to healthcare providers and institutions.

Strategia

The company is focused on commercializing and distributing syringe products while building supply relationships with healthcare customers and distributors. It is also using its Hungarian facility and inventory base to support commercial quantities and order fulfillment. Beyond medical devices, it has added a digital asset treasury strategy centered on SOL and is exploring additional investments and acquisitions.

Commercialize syringe productsLyhyt aikaväli

Revenue depends on converting product development and inventory into repeat customer orders.

Preserve and expand manufacturing capacityLyhyt aikaväli

Commercial supply requires reliable production and delivery capability.

Broaden distribution platformKeskipitkä aikaväli

Representing third-party products can extend the customer base and reduce reliance on a narrow product set.

Build treasury and capital flexibilityKeskipitkä aikaväli

The SOL treasury is intended to provide an additional reserve and potential funding source.

Maantiede

The company is headquartered in the United States and maintains a corporate office in Melville, New York. It also operates through a Hungarian manufacturing facility and markets products in both domestic and international markets, including Europe. Geography matters because manufacturing capacity, regulatory approvals, and customer access are all tied to where products are produced and sold.

Riskit

The business depends on successful commercialization of syringe products, customer acceptance, and uninterrupted manufacturing or distribution capacity. It also faces regulatory, inventory, and execution risk because medical devices require quality compliance and demand can be lumpy across customers and geographies. The added digital asset treasury strategy introduces market, custody, and valuation risk that is separate from the core medical device business.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commercialization and demand risk1Regulatory and quality compliance risk2Advisor and related-party governance risk6
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commercialization and demand riskVaikutus: KorkeaTodennäköisyys: Matala

    Revenue depends on converting syringe products into repeat orders from healthcare buyers and distributors.

    Kohdistuu: Disposable and prefillable syringe sales

  2. Regulatory and quality compliance riskVaikutus: KorkeaTodennäköisyys: Matala

    Medical devices must meet FDA and comparable international standards, and failures can block sales or trigger remediation.

    Kohdistuu: U.S. and foreign medical device distribution

  3. Digital asset market riskVaikutus: Korkea

    SOL holdings and staking revenue expose the company to price volatility, custody, and transaction risk.

    Kohdistuu: Treasury reserve and staking activities

  4. Inventory reserve and obsolescence riskVaikutus: Keskitaso

    The company carries syringe inventory, and slow sales can require write-downs or reserves.

    Kohdistuu: Existing syringe inventory

  5. Manufacturing concentration riskVaikutus: Keskitaso

    A key facility in Hungary supports production and testing, so disruptions could affect supply.

    Kohdistuu: Hungarian operations

  6. Advisor and related-party governance riskVaikutus: MatalaTodennäköisyys: Matala

    Non-arm's-length arrangements can produce less favorable commercial terms.

    Kohdistuu: Consultant and strategic advisor relationships

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition for syringe sales

Product revenue is tied to shipment and supply agreement execution, so timing affects quarterly comparability.

Vaikutus: Reported sales may be uneven as orders ramp

Inventory valuation and reserves

The company holds syringe inventory and may need reserves if realizable value falls below cost.

Vaikutus: Gross margin and asset values can be reduced

Impairment of long-lived assets

Manufacturing and facility assets must be tested if strategy or utilization changes.

Vaikutus: Non-cash charges can materially affect earnings

Fair value of warrants and derivatives

Liability-classified instruments are remeasured and can create volatility in non-operating results.

Vaikutus: Large gains or losses may not reflect core operations

Digital asset accounting

SOL holdings and staking activity introduce valuation and transaction accounting complexity.

Vaikutus: Balance sheet and income statement volatility

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

SkyAI, Inc. (Nasdaq) – Finance Services | Analyysi – Clarifo