NOTE 1 - Nature of Operations

The accompanying unaudited condensed consolidated financial statements of Saker Aviation Services, Inc. (the “Company”) and its subsidiary have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial statements and in accordance with the instructions to Form 10-Q. Accordingly, they do not include all of the information and disclosures required by GAAP for annual financial statements and should be read in conjunction with the financial statements and related footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.

The condensed consolidated balance sheet as of June 30, 2025 and the condensed consolidated statements of operations and cash flows for the three and six months ended June 30, 2025 and 2024 have been prepared by the Company without audit. In the opinion of the Company’s management, all necessary adjustments (consisting of normal recurring accruals) have been included to make the Company’s financial position as of June 30, 2025 and its results of operations, stockholders’ equity, and cash flows for the six months ended June 30, 2025 not misleading. The results of operations for the three and six months ended June 30, 2025 are not necessarily indicative of the results to be expected for any full year or any other interim period.