Achieved all five 2025 objectives: technology validation, product advancement, strategic partnerships, commercial pipeline building, and sufficient capitalization. Completed field deployments of AirJoule systems across four geographies (Dubai, Hubbard TX, Arizona State University, Red Dot Ranch CA). Advanced AirJoule Core system, informing the design of the AirJoule Prime system. Expanded partnerships with GE Vernova, Net Zero Innovation Hub for Data Centers, U.S. Army ERDC, and TenX Investment. Developed a structured customer engagement process and strengthened the balance sheet. Reported a net loss of $9,040,198 for the year ended December 31, 2025, compared to a net income of $215,695,562 in 2024. Ended 2025 with $21.8 million in cash, with a pro forma cash position of approximately $44 million after a January 2026 equity offering. Expects 2026 to be a transformational year, transitioning from development to commercial deployment with product launches and customer deployments.