Company: AIRJW
Filing Date: 2025-03-27
Form Type: S-1
Source: 0001013762-25-002897
Chunk: 189

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-27
Form: S-1
Chunk 189
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 economic life. Some of the more significant assumptions utilized in our asset valuations included projected revenues, probability of commercial success, and the discount rate. The fair value using the excess earnings valuation method was determined using an estimated weighted average cost of capital of 12.5%, which reflects the risks inherent in future cash flow projections and represents a rate of return that a market participant would expect for this asset. This fair value measurement was based on significant inputs not observable in the market and thus represent Level 3 fair value measurement. The Company’s share of the income (loss) reported by AirJoule, LLC are classified as an equity gain (loss) from investment in AirJoule, LLC on the accompanying consolidated statements of operations. The investment is evaluated for impairment annually and if facts and circumstances indicate that the carrying value may not be recoverable, an impairment charge would be recorded. F-21

AIRJOULE TECHNOLOGIES CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Note 5 — EQUITY METHOD INVESTMENT (cont.)

The following tables set forth certain financial information of AirJoule, LLC as of December 31, 2024 and for the year ended December 31, 2024:

|                                     |     | As of        
 December 31, 
 2024         |               |   |
|:------------------------------------|:----|:-------------|--------------:|:--|
| Total current assets                |     | $            |     2,330,386 |   |
| In process research and development |     |              |   674,700,000 |   |
| Goodwill                            |     |              |   534,353,000 |   |
| Other non-current assets            |     |              |     5,796,941 |   |
| Total assets                        |     | $            | 1,217,180,327 |   |
| Total current liabilities           |     | $            |     4,531,668 |   |
| Total non-current liabilities       |     |              |     4,238,293 |   |
| Total liabilities                   |     |              |     8,769,961 |   |
| Members capital contribution        |     | $            | 1,219,053,100 |   |
| Accumulated deficit                 |     |              |   (10,642,734 | ) |
| Total member’s equity               |     |              | 1,