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Skye Bioscience, Inc.

corporate_fare Company Profile

Skye Bioscience, Inc.

SKYE·NASDAQ·Life Sciences·CIK 0001516551

Skye Bioscience, Inc. is a clinical-stage biotechnology company focused on developing new molecules that interact with G-protein-coupled receptors (GPCRs) to treat obesity, overweight, and metabolic disorders. The company's main product candidate is nimacimab, a peripherally restricted negative allosteric modulating antibody that targets cannabinoid receptor 1 (CB1), a GPCR involved in metabolic regulation. Skye aims to advance nimacimab through clinical development for obesity and overweight, both as a combination therapy and potentially as a standalone or second-line treatment. They also plan to explore nimacimab's use in other metabolic indications where inflammation and fibrosis play a role, and to evaluate it in combination with incretin-based therapies. Skye seeks strategic partnerships and business development opportunities to accelerate nimacimab's development and is also developing next-generation GPCR-targeting molecules. The company acquired nimacimab through the acquisition of Bird Rock Bio, Inc. in August 2023. Nimacimab is a humanized IgG4 negative allosteric modulating (NAM) antibody that specifically binds to the CB1 receptor without cross-reactivity to other GPCRs, including cannabinoid receptor 2 (CB2).

Skye Bioscience, Inc. (NASDAQ:SKYE) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 26 items for SKYE at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-10-28, rated 8/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 14 rated 8 or above. Recent SEC coverage for SKYE spans PRER14A, 4, 8-K, DEFA14A.

Recent high-impact activity:

  • Skye Proxy Sets Vote on Redx Reverse Merger; Skye Holders Could Fall to 0.78%
  • Skye Bioscience Secures $68M PIPE, Adds Board Members and CMO
  • 5AM Ventures Sells $239K of Skye Bioscience, Exits Two Funds
  • CFO Resigns at Skye Bioscience as CEO Takes Over Financial Duties
  • CFO Exit at Skye Bioscience Puts CEO in Financial Role as Nasdaq Compliance Is Restored

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$55.92M
Diluted EPS
-$1.41
Op. Cash Flow
-$43.06M
Free Cash Flow
-$43.07M
Operating Income
-$58.16M
Cash & Equivalents
$5.88M
Debt / Equity
0.00×
Shares Outstanding
33.38M sh
Source: 10-K · filed 2026-03-10 · accession 0001628280-26-016394

Short Interest & Short Volume

4.90 days to cover

FINRA reported short interest of 140,313 shares in SKYE as of the October 15, 2026 settlement, a 5.2% decrease from the prior period — about 4.9 days to cover at its recent average daily volume. On October 27, 2026, 27.5% of SKYE volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)140,313 shares as of October 15, 2026
Change vs prior period▼ 5.2%
Days to cover4.90 at avg daily volume of 28,640
Daily short volume (FINRA facilities)27.5% of 10,133 shares on October 27, 2026
5-day average short volume18.4%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for SKYE, detected from its recent SEC filings · based on capital-structure filings through 2026-05-29.

reverse split

Authorized Share Increase Approved · Significant Potential Dilution

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$1.52
52-week range · as of 2026-10-28 $1.45 – $13.28
Market cap
$6.73M
Volume
12.4K (0.3× avg)
3-mo avg 43.5K
Live data · 2026-10-28 21:32 UTC · After hours

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feed SKYE - Latest Insights

SKYE
Oct 28, 2026, 8:38 AM EDT
Filing Type: PRER14A
Importance Score:
8
Price at Filing: $1.45
Real-time Price: $1.52 info
Change: +$0.070 (+5%) info
Market Cap: $6.73M info
SKYE
Sep 30, 2026, 3:00 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $1.59
Real-time Price: $1.52 info
Change: -$0.070 (-4%) info
Market Cap: $6.73M info
SKYE
Sep 24, 2026, 4:29 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $1.74
Real-time Price: $1.52 info
Change: -$0.218 (-13%) info
Market Cap: $6.73M info
SKYE
Sep 11, 2026, 4:33 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $2.04
Real-time Price: $1.52 info
Change: -$0.520 (-25%) info
Market Cap: $6.73M info
SKYE
Sep 11, 2026, 4:13 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $2.04
Real-time Price: $1.52 info
Change: -$0.520 (-25%) info
Market Cap: $6.73M info
SKYE
Aug 24, 2026, 4:02 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $2.17
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Aug 20, 2026, 5:57 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $0.281
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Aug 18, 2026, 7:57 PM EDT
Filing Type: DEFA14A
Importance Score:
9
Price at Filing: $0.3445
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Aug 14, 2026, 10:18 AM EDT
Filing Type: DEFA14A
Importance Score:
9
Price at Filing: $0.500001
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Aug 14, 2026, 9:40 AM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.541
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Aug 14, 2026, 9:36 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.541
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Aug 14, 2026, 9:33 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $0.541
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Jun 23, 2026, 6:03 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $0.7074
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
May 29, 2026, 4:54 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.7987
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
May 20, 2026, 7:07 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $0.750
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
May 15, 2026, 4:00 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.8136
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
May 11, 2026, 4:00 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.8581
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Apr 06, 2026, 5:15 PM EDT
Filing Type: PRE 14A
Importance Score:
9
Price at Filing: $0.680
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Apr 06, 2026, 4:15 PM EDT
Filing Type: PREM14A
Importance Score:
9
Price at Filing: $0.680
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
SKYE
Apr 03, 2026, 4:46 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.6802
Real-time Price: $1.52 info
Change: Reverse Stock Split info
Market Cap: $6.73M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets