Why did NUKK's revenue drop sharply in Q4 2024?

Nukkleus Inc.'s revenue decline in Q4 2024 can be attributed to a combination of factors: 1. **Termination of Key Contracts**: The company experienced a significant revenue drop due to the termination of major service agreements with Triton Capital Markets Ltd. and FXDirectDealer LLC. These agreements, which were officially closed on September 30, 2024, were central to Nukkleus's revenue streams. The loss of these contracts led to a substantial decrease in general support services revenue. 2. **Acquisition-Related Adjustments**: Nukkleus has undergone significant changes, including leadership shifts and potential Nasdaq delisting. The company's focus on strategic acquisitions, such as the amended agreement to acquire Star 26 Capital Inc., may have temporarily disrupted its operational efficiency and revenue generation. The complexities associated with these acquisitions could have impacted short-term revenue as the company integrated the acquired businesses. In summary, Nukkleus's revenue drop in Q4 2024 is primarily due to the termination of key contracts and acquisition-related adjustments. These factors combined to create a challenging environment for the company's financial performance during that period.