SkyAI Inc. (SKYA) sold 135,399 SOL for $12.47 million in the first half of 2026 and said additional token sales may be needed to fund operations until the business generates enough cash, according to an SEC filing (U.S. securities regulator disclosure). The Solana treasury company recorded an $84.34 million unrealized loss (paper decline in value) for the six months ended June 30, including $13.49 million in the second quarter, and a $14.72 million realized loss on SOL sold at an average price of $92.09 versus an average cost basis of $200.79. Its digital-commodity holdings were carried at $144.28 million on June 30, down from $250.11 million at the end of 2025, while net cash used in continuing operations was about $5.67 million for the half. First-half net revenue from the Sologard product line was $192,780, net staking (locking crypto to earn rewards) revenue was $5.46 million, selling, general and administrative expenses reached $10.22 million, and the company separately reported $5 million in related-party consulting fees. SkyAI ended June with $12.07 million in cash, positive working capital and 1,494,026 liquid SOL plus 509,650 locked SOL scheduled to release through the end of 2028, after repaying a $3.08 million margin loan and spending $2.01 million on share repurchases. CryptoSlate market data showed SOL at $77.06 on Aug. 9, down 21.28% over 90 days and 48.93% over one year, but the filing pointed to a recurring funding choice rather than an immediate, leverage-driven sale.