Skye Bioscience, Inc. financials
Source: EDGAR filings · Built 2026-06-02T04:02:58Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -43.07M | -26.84M | -13.96M | -12.77M | -6.57M | -6.06M |
| EBITDA | -57.44M | -29.89M | -34.61M | -18.20M | -7.81M | -6.29M |
| Working Capital | 18.89M | 66.49M | -2.25M | -3.18M | 5.70M | 1.88M |
| Net Debt | -5.61M | -67.96M | 3.36M | 682.55K | -6.85M | -1.09M |
| Return on Equity (ROE) | -279.29% | -38.98% | 1765.85% | 647.65% | -145.33% | -1455.39% |
| Return on Assets (ROA) | -197.52% | -36.51% | -315.27% | -213.82% | -86.47% | -245.56% |
| Current Ratio | 3.30× | 16.32× | 0.84× | 0.74× | 2.46× | 3.38× |
| Debt-to-Equity | 0.01× | 0.01× | -2.16× | -0.64× | 0.36× | 3.06× |
| Effective Tax Rate | -0.01% | -0.04% | -0.01% | -0.03% | -0.02% | -0.02% |
| Cash Conversion Ratio | 0.77× | 0.95× | 0.37× | 0.65× | 0.76× | 0.92× |
| Accruals Ratio | -0.45× | -0.02× | -1.98× | -0.74× | -0.21× | -0.19× |
| CapEx Coverage | -6822.33× | -15.73× | -1111.73× | -454.17× | -71.26× | -837.36× |
| Free Cash Flow Per Share | $-1.09 | $-0.74 | $-1.99 | $-5.75 | $-0.02 | $-0.03 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/B | 1.25× | 1.29× | — | — | 4.22× | 25.56× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Research and Development Expense | — | — | — | 6.01M | 2.93M | 1.94M |
| Operating Expenses | 58.16M | 30.19M | 34.74M | 18.31M | 7.85M | 6.29M |
| Operating Income (Loss) | -58.16M | -30.19M | -34.74M | -18.31M | -7.85M | -6.29M |
| Income Tax Expense (Benefit) | 5.40K | 10.07K | 3.60K | 6.74K | 2.10K | 1.60K |
| Net Income (Loss) Attributable to Parent | -55.92M | -26.57M | -37.64M | -19.48M | -8.52M | -6.56M |
| Earnings Per Share, Basic | $-1.41 | $-0.73 | $-5.37 | $-8.77 | $-0.02 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 39.66M | 36.49M | 7.01M | 2.22M | 406.60M | 230.75M |
| Earnings Per Share, Diluted | $-1.41 | $-0.73 | $-5.37 | $-8.77 | $-0.02 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 39.66M | 36.49M | 7.01M | 2.22M | 406.60M | 231.42M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 5.88M | 68.42M | 1.26M | 1.24M | 8.98M | 2.47M |
| Assets, Current | 27.09M | 70.83M | 11.65M | 8.94M | 9.61M | 2.66M |
| Assets | 28.31M | 72.76M | 11.94M | 9.11M | 9.86M | 2.67M |
| Liabilities, Current | 8.21M | 4.34M | 13.90M | 12.12M | 3.91M | 787.20K |
| Liabilities | 8.29M | 4.61M | 14.07M | 12.12M | 3.99M | 2.22M |
| Stockholders' Equity Attributable to Parent | 20.02M | 68.15M | -2.13M | -3.01M | 5.86M | 450.79K |
| Common Stock, Shares, Outstanding | 33.38M | 30.97M | 12.35M | 3.65M | 476.11M | 288.07M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -43.06M | -25.24M | -13.95M | -12.74M | -6.47M | -6.05M |
| Payments to Acquire Property, Plant, and Equipment | 6.31K | 1.60M | 12.55K | 28.06K | 90.87K | 7.23K |
| Net Cash Provided by (Used in) Investing Activities | -19.50M | -245.62K | 6.60M | 5.21M | -90.87K | -7.23K |
| Net Cash Provided by (Used in) Financing Activities | 29.57K | 83.56M | 16.44M | -208.79K | 13.08M | 6.70M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -8.56M | -9.77M | -33.30M | -19.94M | -9.19M | -8.22M |
| EBITDA | -12.50M | -14.72M | — | — | -11.58M | -10.49M |
| Working Capital | 8.16M | 18.89M | 31.56M | 42.27M | 57.71M | 66.49M |
| Net Debt | -8.09M | -5.61M | -18.12M | -23.47M | -46.01M | -67.96M |
| Return on Equity (ROE) | -138.81% | -72.12% | -38.84% | -40.35% | -18.74% | -14.30% |
| Return on Assets (ROA) | -64.43% | -51.01% | -30.86% | -33.79% | -17.14% | -13.39% |
| Current Ratio | 1.78× | 3.30× | 4.77× | 6.09× | 11.85× | 16.32× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | -0.02% | -0.02% | 0.00% |
| Cash Conversion Ratio | 0.68× | 0.68× | 2.61× | 1.13× | 0.83× | 0.84× |
| Accruals Ratio | -0.20× | -0.17× | 0.50× | 0.04× | -0.03× | -0.02× |
| CapEx Coverage | — | — | -5275.04× | -3157.74× | -1455.24× | -163.38× |
| Free Cash Flow Per Share | $-0.22 | $-0.25 | $-0.84 | $-0.50 | $-0.23 | $-0.23 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/B | 2.40× | 1.25× | 3.71× | 2.97× | 0.83× | 1.29× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Operating Expenses | 12.67M | 14.90M | 13.26M | 18.24M | 11.76M | 10.67M |
| Operating Income (Loss) | -12.67M | -14.90M | -13.26M | -18.24M | -11.76M | -10.67M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 3.40K | 2.00K | 0 |
| Net Income (Loss) Attributable to Parent | -12.51M | -14.44M | -12.75M | -17.62M | -11.10M | -9.75M |
| Earnings Per Share, Basic | $-0.32 | $-0.36 | $-0.32 | $-0.44 | $-0.28 | $-0.25 |
| Weighted Average Number of Shares Outstanding, Basic | 39.68M | 39.66M | 39.67M | 39.66M | 39.65M | 36.49M |
| Earnings Per Share, Diluted | $-0.32 | $-0.36 | $-0.32 | $-0.44 | $-0.28 | $-0.25 |
| Weighted Average Number of Shares Outstanding, Diluted | 39.68M | 39.66M | 39.67M | 39.66M | 39.65M | 36.49M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 8.15M | 5.88M | 18.44M | 23.84M | 46.42M | 68.42M |
| Assets, Current | 18.57M | 27.09M | 39.92M | 50.58M | 63.03M | 70.83M |
| Assets | 19.42M | 28.31M | 41.32M | 52.16M | 64.79M | 72.76M |
| Liabilities, Current | 10.40M | 8.21M | 8.37M | 8.31M | 5.32M | 4.34M |
| Liabilities | 10.40M | 8.29M | 8.49M | 8.48M | 5.54M | 4.61M |
| Stockholders' Equity Attributable to Parent | 9.01M | 20.02M | 32.84M | 43.68M | 59.25M | 68.15M |
| Common Stock, Shares, Outstanding | 35.13M | 33.38M | 30.99M | 30.99M | 30.97M | 30.97M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -8.56M | -9.77M | -33.30M | -19.93M | -9.19M | -8.17M |
| Payments to Acquire Property, Plant, and Equipment | 0 | 0 | 6.31K | 6.31K | 6.31K | 50.02K |
| Net Cash Provided by (Used in) Investing Activities | 10.90M | -2.80M | -16.70M | -24.66M | -12.81M | 90.41K |
| Net Cash Provided by (Used in) Financing Activities | -71.53K | 11.41K | 18.16K | 18.16K | 0 | 5.62K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (SKYE CIK 0001516551),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.