Total revenue for the year ended December 31, 2025, reached $123.1 million, a 487% increase from $21.0 million in 2024. Underwriting revenues grew by 596% to $79.0 million in 2025, up from $11.4 million in 2024. Carried interest contributed $22.7 million to revenue in 2025, representing approximately 18% of total revenue, with no such revenue in 2024. GAAP loss from operations increased to $55.7 million in 2025 from $8.7 million in 2024, primarily due to $55.0 million in non-cash stock-based compensation. Non-GAAP adjusted net income to common stockholders was $32.6 million in 2025, a significant improvement from a $13.1 million net loss in 2024. Other income increased by $48.6 million to $42.6 million, driven by the increased market value of the strategic investment in American Bitcoin Corp. (ABTC). The Company sold its ABTC shares in January 2026 for $32.4 million in cash. Dominari declared $22.2 million in dividends during 2025, including a $10.0 million dividend announced in December for shareholders of record on January 6, 2026, marking the first time the Company has paid dividends. Liquid assets increased by 248% to $94.3 million at year-end 2025, total assets grew by 140% to $112.9 million, and total stockholders' equity rose by 74% to $69.4 million.