{"id":992644,"date":"2026-08-10T08:04:01","date_gmt":"2026-08-10T12:04:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-reports-second-quarter-2026-financial-results\/"},"modified":"2026-08-10T08:04:01","modified_gmt":"2026-08-10T12:04:01","slug":"skyai-reports-second-quarter-2026-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-reports-second-quarter-2026-financial-results\/","title":{"rendered":"SkyAI Reports Second Quarter 2026 Financial Results"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Completed rebrand to SkyAI, reflecting the Company\u2019s strategic evolution toward building an agentic finance platform on top of its Solana Digital Asset Treasury<\/em>\n      <\/p>\n<p align=\"center\">\n        <em> Appointed Arthur Levine as Chief Financial Officer, adding seasoned financial leadership to support next phase of growth<\/em>\n      <\/p>\n<p>NEW YORK, Aug.  10, 2026  (GLOBE NEWSWIRE) &#8212; SkyAI, Inc. (NASDAQ: \u201cSKYA\u201d) (\u201cSkyAI\u201d or the \u201cCompany\u201d), a financial technology company building agentic finance platforms with a Solana digital asset treasury,\u00a0today announced financial results for the second quarter ended June 30, 2026.<\/p>\n<p>\n        <strong>Key Highlights from Q2 2026:<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt\">As of June 30, 2026, SKYA held approximately <strong>2 million SOL<\/strong> in its treasury.<\/li>\n<li style=\"margin-bottom:8pt\">The Company&#8217;s cash balance was approximately <strong>$12.1 million<\/strong> as of June 30, 2026.<\/li>\n<li style=\"margin-bottom:8pt\">The Company had <strong>$2.3 million<\/strong> in net staking revenue, which represented an approximately <strong>6%<\/strong> gross annualized yield on a SOL denominated basis, supported by its validator and custodian partnerships and exceeding the Solana network-wide native staking APY average.<\/li>\n<li style=\"margin-bottom:8pt\">SKYA appointed seasoned public company financial executive Arthur Levine as Chief Financial Officer. Levine\u2019s significant experience helping public and early-stage companies scale through transformational periods will play an important role as the Company continues advancing its platform globally.\n<\/li>\n<\/ul>\n<p>\u201cThe second quarter marked an important milestone for SkyAI,\u201d said Paul K. Danner, Executive Chairman of SkyAI. \u201cDuring the quarter, we completed our rebrand and strengthened our leadership team, further aligning the Company around our mission to build our agentic finance platform on top of our existing Solana digital asset treasury. We continue to be focused on executing our strategy to create long-term shareholder value.\u201d<\/p>\n<p>For more detailed information, please refer to the Quarterly Report on Form 10-Q for the three months ended June 30, 2026 filed with the U.S. Securities and Exchange Commission, and accessible at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rkNE0nCGbEiYl4o_hG8gTyLSmJFQkjwWXpZmuyjAhUeqhL_OwzLHZLil8RcbktoKgYh2BCi3PgRc46uhQ05p20_GUZ495QJMzTiB461tfXjuvWtRvf-R3TE1-DMfLkXLPCaCKnnIC-O0CxCAZl3d43FI-w3Dvz0vTf8MKkgojqAS6_Rkyq86fVGFHoCEYKQ2ncC5IYRq5kzFYH9DIhKoww==\" rel=\"nofollow\" target=\"_blank\">www.sec.gov<\/a>.<\/p>\n<p>\n        <strong>Forward Looking Statements<\/strong>\n      <\/p>\n<p>This press release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this release other than statements of historical fact are forward-looking statements, including statements regarding the Company\u2019s strategy and product roadmap and the potential opportunities such initiatives may create. Forward-looking statements are based on current expectations, assumptions, and beliefs, and involve risks and uncertainties that could cause actual results to differ materially.<\/p>\n<p>These risks and uncertainties include, among others: the Company\u2019s ability to successfully execute its AI technology strategy; and general market, economic, and business conditions. Additional risks are described in the \u201cRisk Factors\u201d section of the Company\u2019s filings with the Securities and Exchange Commission (the \u201cSEC\u201d), which are available on the SEC\u2019s website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rkNE0nCGbEiYl4o_hG8gTyykTjsvUlhkMyRLxcX-xI8_vo96ti7Hqr52DOnHO1E4ltbL9aCzl_EGvWItiV7RDCtxEtzc9u1u8emz_S65imOXusIgd_gFoBHwJ2H3MhXGo8Wu2z0OZdBdsKVLRzmXztdSjY0WPxtMFuopY8doOqjV4FPJMlSr6oOlO37A3m_zwhrSYP6Jo4RvxBgraxqZaalPCQzwRTfEFyClA8aW1Pw=\" rel=\"nofollow\" target=\"_blank\">www.sec.gov<\/a>.<\/p>\n<p>Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise these statements, whether as a result of new information, future developments, or otherwise, except as required by law.<\/p>\n<p>\n        <strong>About SkyAI<\/strong>\n      <\/p>\n<p>SkyAI, Inc. (Nasdaq: SKYA), formerly Sharps Technology, Inc., is building Agentic Finance for the Global South that will combine\u00a0stablecoin rails with AI to deliver financial access, education, and actionable intelligence to the billions of underbanked users across Asia, Latin America, and Africa. For additional information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=e5h88MTGpwj5lKkkTLUZnJ4s1I5D3NWCUlYjjIDG1D2d---HmbjkssSH8Vwq68ARyvbMF2sEvuYZZ_O7M2RWZMrbd6Fna3jUoaAtRsN5Jec=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.skyai.co\/<\/a>.<\/p>\n<p>\n        <strong>Media Contact<\/strong>\n      <\/p>\n<p>Edelman Smithfield<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KIQ8PfQn-3Qw00P4tYfLtqWIGICQO8TbjIdqPDxpRlG8mp8OCv5NQ9iGaGPlyVsvx2Hb1VQz-eXtj_HYkifPSCxPiBOgs7aFzO7weZoeD5vFkpMFr-vHsjjaRWXXBVrcGocLu3bI-N9ZbHyS9gD51SZR1umTQPcjCFKOdhtuva7AlvHKkXhZorZZjZC9dAiosTEe93PWp9amikgkohrBBQ1UDZwJV6BQMbApMsk-No0DFga0YBocNK2iK2bBlYsqJ7UTB-_d4bfFUpLFWXYkjJpIcvlIdqZO9iIlD9htVYkKUqZQZuUzPUJWpaoICsdH\" rel=\"nofollow\" target=\"_blank\">SkyAI@edelmansmithfield.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwNjU2MyM3NzY1ODc0IzIyNDcxNjE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MDUxNWYwODgtMDAxYi00OGU1LWFhMjItMzc5NDU4M2I4YTE5LTEyNTg3MTQtMjAyNi0wOC0xMC1lbg==\/tiny\/SkyAI-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Completed rebrand to SkyAI, reflecting the Company\u2019s strategic evolution toward building an agentic finance platform on top of its Solana Digital Asset Treasury Appointed Arthur Levine as Chief Financial Officer, adding seasoned financial leadership to support next phase of growth NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) &#8212; SkyAI, Inc. (NASDAQ: \u201cSKYA\u201d) (\u201cSkyAI\u201d or the \u201cCompany\u201d), a financial technology company building agentic finance platforms with a Solana digital asset treasury,\u00a0today announced financial results for the second quarter ended June 30, 2026. Key Highlights from Q2 2026: As of June 30, 2026, SKYA held approximately 2 million SOL in its treasury. The Company&#8217;s cash balance was approximately $12.1 million as of June 30, 2026. The Company had $2.3 million in net &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-reports-second-quarter-2026-financial-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SkyAI Reports Second Quarter 2026 Financial Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-992644","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SkyAI Reports Second Quarter 2026 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-reports-second-quarter-2026-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SkyAI Reports Second Quarter 2026 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Completed rebrand to SkyAI, reflecting the Company\u2019s strategic evolution toward building an agentic finance platform on top of its Solana Digital Asset Treasury Appointed Arthur Levine as Chief Financial Officer, adding seasoned financial leadership to support next phase of growth NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) &#8212; SkyAI, Inc. (NASDAQ: \u201cSKYA\u201d) (\u201cSkyAI\u201d or the \u201cCompany\u201d), a financial technology company building agentic finance platforms with a Solana digital asset treasury,\u00a0today announced financial results for the second quarter ended June 30, 2026. Key Highlights from Q2 2026: As of June 30, 2026, SKYA held approximately 2 million SOL in its treasury. The Company&#8217;s cash balance was approximately $12.1 million as of June 30, 2026. The Company had $2.3 million in net &hellip; Continue reading &quot;SkyAI Reports Second Quarter 2026 Financial Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-reports-second-quarter-2026-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-10T12:04:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwNjU2MyM3NzY1ODc0IzIyNDcxNjE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-reports-second-quarter-2026-financial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-reports-second-quarter-2026-financial-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SkyAI Reports Second Quarter 2026 Financial Results\",\"datePublished\":\"2026-08-10T12:04:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-reports-second-quarter-2026-financial-results\\\/\"},\"wordCount\":535,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-reports-second-quarter-2026-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgwNjU2MyM3NzY1ODc0IzIyNDcxNjE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-reports-second-quarter-2026-financial-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-reports-second-quarter-2026-financial-results\\\/\",\"name\":\"SkyAI Reports Second Quarter 2026 Financial Results - 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(NASDAQ: \u201cSKYA\u201d) (\u201cSkyAI\u201d or the \u201cCompany\u201d), a financial technology company building agentic finance platforms with a Solana digital asset treasury,\u00a0today announced financial results for the second quarter ended June 30, 2026. Key Highlights from Q2 2026: As of June 30, 2026, SKYA held approximately 2 million SOL in its treasury. The Company&#8217;s cash balance was approximately $12.1 million as of June 30, 2026. 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