Ceased Downtown Manhattan Heliport operations on March 29, 2025, after the NYCEDC terminated the Concession Agreement, which was the company's main source of revenue. Commenced providing strategic financial advisory services to clients in December 2025, serving one customer by year-end. Filed a petition with the Supreme Court of the State of New York on March 31, 2025, challenging the award of the heliport concession to Skyport, alleging misrepresentations; this litigation is ongoing. Revenue decreased by 86.2% to $1.266 million for the year ended December 31, 2025, compared to $9.169 million in 2024. Net income swung to a loss of $(1.090) million in 2025 from a net income of $1.255 million in 2024. Basic net loss per share was $(1.09) in 2025, compared to basic net income per share of $1.27 in 2024. Gross profit decreased by 89.0% to $0.516 million in 2025 from $4.679 million in 2024, with gross margin declining from 51.0% to 40.8%. Operating income turned into an operating loss of $(1.372) million in 2025 from an operating income of $2.633 million in 2024. Selling, General and Administrative (SG&A) expenses as a percentage of revenue increased significantly to 105.9% in 2025 from 16.6% in 2024, primarily due to reduced revenue and one-time charges. Cash and cash equivalents were $4.632 million as of December 31, 2025, down from $5.299 million in 2024. Working capital surplus was $8.727 million in 2025, down from $9.574 million in 2024. Resolved an arbitration with Empire Aviation LLC in July 2024, paying $1.4 million for unpaid management fees and accrued interest. Internal control over financial reporting was deemed 'not effective' as of December 31, 2025, due to a material weakness related to governance and staffing structure, including the absence of an audit committee and limited segregation of duties.