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Note 1 - Nature of Operations
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Basis of Accounting [Text Block]

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, 2025.

 

The condensed consolidated balance sheet as of March 31, 2026 and the condensed consolidated statements of operations and cash flows for the three months ended March 31, 2026 and 2025 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 March 31, 2026 and its results of operations, stockholders’ equity, and cash flows for the three months ended March 31, 2026 not misleading. The results of operations for the three months ended March 31, 2026 are not necessarily indicative of the results to be expected for any full year or any other interim period.