SkyAI is pivoting to an agentic finance platform for emerging markets, with an operational headquarters in Hong Kong and a Solana-focused treasury strategy.
Quarterly loss widens as revenue falls to zero
SkyAI posted a net loss of $23.28 million for the quarter ended June 30, 2026, swinging from net income of $3.56 million a year earlier.
Operating loss widened to $23.39 million from $1.42 million, as an unrealized loss on digital commodities reached $13.49 million.
Staking revenue totaled $2.32 million; selling, general and administrative costs climbed to $5.16 million from $1.41 million.
The company recorded a realized loss on digital commodities of $3.93 million, reflecting sales of 35,399 SOL at an average $89.85.