Full year 2025 revenue increased to $90.9 million, up from $86.9 million in 2024. Fourth quarter 2025 revenue reached $48.3 million, compared to $39.7 million in Q4 2024, and a significant sequential increase from $6.3 million in Q3 2025, including approximately $20 million of revenue that shifted into Q4 2025. The company reported break-even net results for Q4 2025, an improvement from a net loss of $(0.8) million in Q4 2024. Full year 2025 net loss significantly improved to $(4.1) million, compared to $(38.7) million in 2024. Cash on hand was $74.4 million as of December 31, 2025, a substantial increase from $20.741 million in 2024. AIRO initiated its 2026 outlook, expecting year-over-year revenue growth of 15% 25%. Drone segment backlog stood at approximately $150 million as of March 31, 2026, with meaningful conversion anticipated in 2026. Completed the first U.S.-manufactured RQ-35 Heidrun ISR drones, which successfully underwent manufacturing validation and flight-testing in December 2025. Targeting Blue UAS certification for the first half of 2026, which is expected to expand access to U.S. Department of War procurement opportunities. Sky-Watch was awarded a $4.5 million counter-electronic warfare development program. Executed a joint venture with Nord Drone Group to accelerate deployment of combat-proven unmanned aerial systems. Signed a Letter of Intent (LOI) for an interceptor drone joint venture with Bullet, expected to be finalized in the coming quarter, focusing on countering hostile unmanned aerial threats. Continued development of the Jaunt JX/JC-250 medium-lift, multi-role drone platform, targeting operational readiness for 2027. Coastal Defense secured a $1.9 million U.S. Navy training contract, a one-year IDIQ award. Aspen Avionics advanced its NexNav MAX 2 platform, secured multi-year OEM purchase orders, and expanded foreign military engagement.