RedactedNarrative: Operator of V1 stated he was traveling east on plane when his passenger screamed and he quickly put V1 into reverse to try and stop. He advised he never saw V2 in front of him until it was too late. Both V1 operator and passenger stated there were no lights on V2.  V1 sustained damage to the hull toward the bow.  Operator of V2 stated they were stationary in the water watching fireworks without any lights on. He noticed V1 approaching and tried to paddle out of the way but wasn't able to. He further stated V1 partially submerged V2 when it hit but very little damage was done.