Operating cash flow negative $27.4M. Free cash flow about negative $43M. Building ahead — Valkyrie units before contract, propulsion, radar, hypersonic lines. Capex guided roughly $160M. Paid with equity. Two offerings, eight months, about $1.9B net. Share count up roughly 11% this quarter, about 44% since 2023. Cash $1.46B. Zero debt. Operating income $4.7M. 1.3% margin. Net $11.9M on interest income and a tax benefit. The bet: demand converts before cash and dilution run out. Think financing. Think mass, brother. Okay? All right?