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6Apr 3, 2026·SEC
Mar 19, 2026·SEC
Mar 10, 2026·SEC
Skye Bioscience, Inc. (SKYE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Skye Bioscience, Inc. (SKYE) stock price & volume — 10-year historical chart
Skye Bioscience, Inc. (SKYE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Skye Bioscience, Inc. (SKYE) competitors in Ophthalmology Therapies and Delivery — business model, growth, and fundamentals comparison
Skye Bioscience, Inc. (SKYE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Skye Bioscience, Inc. (SKYE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 8.04K | 1.54K | 1.46K | 1.87K | 0 | 0 | 0 | 0 | 723.35K |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | -8.04K▲ 0% | -1.54K▲ 80.8% | -1.46K▲ 5.3% | -1.87K▼ 28.0% | 0▲ 100.0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | -723.35K▲ 0% |
| Gross Margin % | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | 46.11% | 80.79% | 5.31% | -28.04% | 100% | - | - | - | - |
| Operating Expenses | 3.86M | 4.69M | 6.63M | 6.29M | 7.85M | 18.31M | 34.74M | 30.19M | 57.44M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 3.55M | 4.36M | 4.39M | 4.34M | 4.92M | 6.09M | 7.85M | 17.73M | 15.8M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - |
| Research & Development | 311.3K | 329.97K | 2.24M | 1.94M | 2.93M | 6.01M | 5.82M | 18.7M | 42.36M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 2K | 0 | 0 | 6.21M | 21.06M | -6.23M | -723.35K |
| Operating Income | -3.86M▲ 0% | -4.69M▼ 21.6% | -6.63M▼ 41.3% | -6.29M▲ 5.2% | -7.85M▼ 24.8% | -18.31M▼ 133.3% | -34.74M▼ 89.7% | -30.19M▲ 13.1% | -58.16M▼ 92.6% |
| Operating Margin % | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | 13.69% | -21.61% | -41.34% | 5.19% | -24.78% | -133.34% | -89.69% | 13.08% | -92.64% |
| EBITDA | -4.62M | -4.69M | -6.63M | -6.29M | -7.81M | -18.2M | -34.61M | -29.89M | -57.44M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -3.63% | -1.59% | -41.35% | 5.19% | -24.28% | -132.89% | -90.2% | 13.63% | -92.15% |
| D&A (Non-Cash Add-back) | -759K | 1.54K | 1.46K | 1.87K | 34.13K | 115K | 124.25K | 298.64K | 723.35K |
| EBIT | -3.09M | -19.1M | 2.04M | -5.85M | -7.75M | -18.81M | -36.74M | -25.59M | -58.16M |
| Net Interest Income | 0 | -94.68K | -1M | -706.36K | -767.51K | -644.76K | -806.3K | 2.3M | 1.88M |
| Interest Income | 0 | 84 | 26 | 29 | 3 | 19.01K | 99.97K | 3.26M | 1.88M |
| Interest Expense | 667 | 94.76K | 1M | 706.38K | 767.51K | 663.77K | 906.27K | 967.6K | 0 |
| Other Income/Expense | 766.53K | -14.5M | 7.69M | -270K | -672.37K | -1.16M | -2.91M | 3.64M | 2.24M |
| Pretax Income | -3.09M▲ 0% | -19.19M▼ 520.5% | 1.05M▲ 105.5% | -6.56M▼ 722.9% | -8.52M▼ 29.9% | -19.47M▼ 128.6% | -37.64M▼ 93.3% | -26.56M▲ 29.4% | -55.92M▼ 110.6% |
| Pretax Margin % | - | - | - | - | - | - | - | - | - |
| Income Tax | 1.6K | 1.64K | 1.6K | 1.6K | 2.1K | 6.74K | 3.6K | 10.07K | 5.4K |
| Effective Tax Rate % | -0.05% | -0.01% | 0.15% | -0.02% | -0.02% | -0.03% | -0.01% | -0.04% | -0.01% |
| Net Income | -3.09M▲ 0% | -19.19M▼ 520.4% | 1.05M▲ 105.5% | -6.56M▼ 723.7% | -8.52M▼ 29.9% | -19.48M▼ 128.6% | -37.64M▼ 93.2% | -26.57M▲ 29.4% | -55.92M▼ 110.5% |
| Net Margin % | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | 2.64% | -520.36% | 105.48% | -723.67% | -29.89% | -128.6% | -93.23% | 29.43% | -110.5% |
| Net Income (Continuing) | -3.09M | -19.19M | 1.05M | -6.56M | -8.52M | -19.48M | -37.64M | -26.57M | -55.92M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -25.62▲ 0% | -36.51▼ 42.5% | 1.98▲ 105.4% | -7.46▼ 476.8% | -5.00▲ 33.0% | -8.77▼ 75.4% | -5.37▲ 38.8% | -0.73▲ 86.4% | -1.41▼ 93.2% |
| EPS Growth % | 35.79% | -42.51% | 105.42% | -476.77% | 32.98% | -75.4% | 38.77% | 86.41% | -93.15% |
| EPS (Basic) | -25.62 | -36.51 | 1.98 | -7.11 | -5.00 | -8.77 | -5.37 | -0.73 | -1.41 |
| Diluted Shares Outstanding | 120.77K | 525.78K | 532.01K | 925.68K | 1.63M | 2.22M | 7.01M | 36.49M | 39.66M |
| Basic Shares Outstanding | 120.77K | 525.78K | 532.01K | 922.99K | 1.63M | 2.22M | 7.01M | 36.49M | 39.66M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Skye Bioscience, Inc. (SKYE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 555.81K | 1.95M | 1.99M | 2.66M | 9.61M | 8.94M | 11.65M | 70.83M | 27.09M |
| Cash & Short-Term Investments | 259.95K | 1.85M | 1.83M | 2.47M | 8.98M | 1.24M | 1.26M | 68.42M | 25.74M |
| Cash Only | 259.95K | 1.85M | 1.83M | 2.47M | 8.98M | 1.24M | 1.26M | 68.42M | 5.88M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.85M |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 74.12K | 158.24K | 5.07K | 10.47K |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 4.43K | 7.12K | 12.09K | 4.84K | 61.44K | 6.74M | 9.64M | 207.21K | 1.35M |
| Total Non-Current Assets | 1.41K | 3.44K | 1.98K | 7.34K | 242.99K | 167.35K | 289.57K | 1.94M | 1.22M |
| Property, Plant & Equipment | 1.41K | 3.44K | 1.98K | 7.34K | 234.68K | 159.04K | 281.26K | 1.88M | 1.17M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 8.31K | 8.31K | 8.31K | 53.91K | 53.91K |
| Total Assets | 557.22K▲ 0% | 1.96M▲ 251.2% | 2M▲ 2.0% | 2.67M▲ 33.8% | 9.86M▲ 268.9% | 9.11M▼ 7.5% | 11.94M▲ 31.1% | 72.76M▲ 509.4% | 28.31M▼ 61.1% |
| Asset Turnover | - | - | - | - | - | - | - | - | - |
| Asset Growth % | 72.32% | 251.23% | 2.02% | 33.8% | 268.87% | -7.55% | 31.05% | 509.39% | -61.09% |
| Total Current Liabilities | 805.97K | 15.94M | 970.82K | 787.2K | 3.91M | 12.12M | 13.9M | 4.34M | 8.21M |
| Accounts Payable | 100.92K | 15.6K | 139.81K | 381.37K | 900.01K | 1.79M | 956.75K | 569.25K | 2.03M |
| Days Payables Outstanding | 4.58K | 3.69K | 34.9K | 74.36K | - | - | - | - | 1.03K |
| Short-Term Debt | 235K | 0 | 0 | 64.06K | 1.97M | 1.9M | 4.37M | 0 | 189.65K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 271.71K | 15.74M | 410.6K | 38.57K | 435.57K | 7.48M | 969.62K | 549.15K | 5.98M |
| Current Ratio | 0.69x | 0.12x | 2.05x | 3.38x | 2.46x | 0.74x | 0.84x | 16.32x | 3.30x |
| Quick Ratio | 0.69x | 0.12x | 2.05x | 3.38x | 2.46x | 0.74x | 0.84x | 16.32x | 3.30x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 551.32K | 1.58M | 477.87K | 1.43M | 78.7K | 0 | 171.23K | 273.16K | 84K |
| Long-Term Debt | 0 | 1.36M | 387.07K | 1.43M | 0 | 0 | 0 | 0 | 84K |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 78.7K | 0 | 171.23K | 273.16K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 551.32K | 219.45K | 90.8K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.36M | 17.52M | 1.45M | 2.22M | 3.99M | 12.12M | 14.07M | 4.61M | 8.29M |
| Total Debt | 235K | 1.36M | 387.07K | 1.5M | 2.14M | 1.98M | 4.62M | 455.59K | 273.65K |
| Net Debt | -24.95K | -492.41K | -1.44M | -971.61K | -6.85M | 738K | 3.36M | -67.96M | -5.61M |
| Debt / Equity | - | - | 0.71x | 3.32x | 0.36x | - | - | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -4635.68x | -201.53x | 2.04x | -8.29x | -10.10x | -28.34x | -40.54x | -26.45x | - |
| Total Equity | -800.08K▲ 0% | -15.56M▼ 1845.1% | 548.06K▲ 103.5% | 450.79K▼ 17.7% | 5.86M▲ 1200.9% | -3.01M▼ 151.3% | -2.13M▲ 29.1% | 68.15M▲ 3296.9% | 20.02M▼ 70.6% |
| Equity Growth % | 44.86% | -1845.09% | 103.52% | -17.75% | 1200.88% | -151.3% | 29.13% | 3296.88% | -70.62% |
| Book Value per Share | -6.63 | -29.60 | 1.03 | 0.49 | 3.61 | -1.35 | -0.30 | 1.87 | 0.50 |
| Total Shareholders' Equity | -800.08K | -15.56M | 548.06K | 450.79K | 5.86M | -3.01M | -2.13M | 68.15M | 20.02M |
| Common Stock | 33.62K | 133.91K | 182.9K | 288.07K | 476.11K | 3.65K | 12.35K | 30.98K | 33.38K |
| Retained Earnings | -14.03M | -33.23M | -32.17M | -38.73M | -47.26M | -66.74M | -104.38M | -130.95M | -186.87M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Skye Bioscience, Inc. (SKYE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -3.3M | -3.94M | -6.03M | -6.05M | -6.47M | -12.74M | -13.95M | -25.24M | -43.06M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | 7.17% | -19.55% | -52.88% | -0.43% | -6.95% | -96.82% | -9.48% | -80.89% | -70.63% |
| Net Income | -3.09M | -19.19M | 1.05M | -6.56M | -8.52M | -19.48M | -37.64M | -26.57M | -55.92M |
| Depreciation & Amortization | 8.04K | 1.54K | 1.46K | 1.87K | 34.13K | 115K | 124.25K | 298.64K | 723.35K |
| Stock-Based Compensation | 608.68K | 674.96K | 680.46K | 302.74K | 869.21K | 629.03K | 987.51K | 8.32M | 7.77M |
| Deferred Taxes | 0 | 0 | -8.69M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -496.78K | 14.47M | 629.29K | 107.76K | 497.01K | 6.76M | 23.05M | -4.66M | -360.75K |
| Working Capital Changes | -323.85K | 100.19K | 295.71K | 94.19K | 646.94K | -761.9K | -469.31K | -2.63M | 4.73M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -173.73K | -85.32K | 134.21K | 241.56K | 518.64K | 799.74K | -701.28K | -586.53K | 1.4M |
| Cash from Investing | -19.65K | -4.38K | 0 | -7.23K | -90.87K | 5.21M | 6.6M | -245.62K | -19.5M |
| Capital Expenditures | -19.65K | -4.38K | 0 | -7.23K | -90.87K | -28.06K | -12.55K | -1.6M | -6.31K |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 5.31M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | -66.46K | 6.61M | 0 | 0 |
| Cash from Financing | 3.51M | 5.54M | 6M | 6.7M | 13.08M | -208.79K | 16.44M | 83.56M | 29.57K |
| Debt Issued (Net) | 500K | 2.35M | 5.2K | 566.7K | 0 | -210.76K | 4.71M | 0 | 0 |
| Equity Issued (Net) | 3.01M | 3.1M | 1.92M | 6.09M | 6.06M | 1.97K | 11.73M | 83.56M | 29.57K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 98.7K | 4.08M | 48.53K | 7.02M | 0 | -6.03K | 5.62K | 0 |
| Net Change in Cash | 195.13K▲ 0% | 1.59M▲ 716.6% | -23.37K▼ 101.5% | 639.46K▲ 2836.2% | 6.51M▲ 918.6% | -7.74M▼ 218.8% | 9.09M▲ 217.4% | 58.08M▲ 539.1% | -62.53M▼ 207.7% |
| Free Cash Flow | -3.32M▲ 0% | -3.95M▼ 19.0% | -6.03M▼ 52.7% | -6.06M▼ 0.6% | -6.57M▼ 8.3% | -12.77M▼ 94.5% | -13.96M▼ 9.3% | -26.84M▼ 92.2% | -43.07M▼ 60.5% |
| FCF Margin % | - | - | - | - | - | - | - | - | - |
| FCF Growth % | 6.91% | -18.97% | -52.71% | -0.55% | -8.32% | -94.53% | -9.34% | -92.21% | -60.46% |
| FCF per Share | -27.47 | -7.51 | -11.33 | -6.55 | -4.04 | -5.75 | -1.99 | -0.74 | -1.09 |
| FCF Conversion (FCF/Net Income) | 1.07x | 0.21x | -5.73x | 0.92x | 0.76x | 0.65x | 0.37x | 0.95x | 0.77x |
| Interest Paid | 0 | 23.33K | 371.42K | 117.46K | 44.09K | 333.55K | 198.35K | 433.34K | 0 |
| Taxes Paid | 1.63K | 1.64K | 1.6K | 1.6K | 1.6K | 6.74K | 3.6K | 5.2K | 0 |
Skye Bioscience, Inc. (SKYE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | - | 191.95% | -1313.72% | -269.9% | -1364.2% | - | -80.48% | -126.85% |
| Return on Invested Capital (ROIC) | - | - | - | - | - | - | - | -2123.19% | -3192.59% | -597.29% |
| Debt / Equity | - | - | - | 0.71x | 3.32x | 0.36x | - | - | 0.01x | 0.01x |
| Interest Coverage | - | -4635.68x | -201.53x | 2.04x | -8.29x | -10.10x | -28.34x | -40.54x | -26.45x | - |
| FCF Conversion | 1.12x | 1.07x | 0.21x | -5.73x | 0.92x | 0.76x | 0.65x | 0.37x | 0.95x | 0.77x |
Skye Bioscience, Inc. (SKYE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 3, 2026·SEC
Mar 19, 2026·SEC
Mar 10, 2026·SEC
Skye Bioscience, Inc. (SKYE) stock FAQ — growth, dividends, profitability & financials explained
Skye Bioscience, Inc. (SKYE) grew revenue by 0.0% over the past year. Growth has been modest.
Skye Bioscience, Inc. (SKYE) reported a net loss of $55.9M for fiscal year 2025.
Skye Bioscience, Inc. (SKYE) has a return on equity (ROE) of -126.8%. Negative ROE indicates the company is unprofitable.
Skye Bioscience, Inc. (SKYE) had negative free cash flow of $9.23B in fiscal year 2025, likely due to heavy capital investments.
Skye Bioscience, Inc. (SKYE) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates