Consolidated revenues increased by 207% to $48.3 million for the year ended December 31, 2025, from $15.7 million in 2024. Net income from continuing operations was $66.5 million in 2025, a significant improvement from a net loss of $106.8 million in 2024. Adjusted EBITDA for the consolidated entity improved to $9.8 million in 2025 from a loss of $3.3 million in 2024. CMD, a key operating company, generated $40.5 million in revenue, a 32% year-over-year growth on a pro forma basis, and its Adjusted EBITDA increased by 84% to $14.3 million. Kyles' revenue grew 24% to $6.6 million, with Adjusted EBITDA more than doubling to $1.1 million. The company is evaluating strategic alternatives for CMD, including refinancing or a potential sale, to retire convertible debt. The significant net income was largely driven by a $76.9 million gain on the change in fair value of warrant liabilities.