Company: AIRJW
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047828
Chunk: 160

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-27
Form: POS AM
Chunk 160
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   | 1,215,043,955 |     |   | 1,214,849,941 |
| Total assets                  |     | $ | 1,216,078,780 |     | $ | 1,217,180,327 |
| Total current liabilities     |     |   |     3,047,482 |     |   |     4,531,668 |
| Total non-current liabilities |     |   |     4,189,682 |     |   |     4,238,293 |
| Total liabilities             |     | $ |     7,237,164 |     | $ |     8,769,961 |
| Equity                        |     |   | 1,208,841,616 |     |   | 1,208,410,366 |
| Total liabilities and equity  |     | $ | 1,216,078,780 |     | $ | 1,217,180,327 |

AirJoule, LLC assesses its goodwill for impairment annually as of October 1, and more frequently if events and circumstances indicate that goodwill might be impaired. AirJoule, LLC determines the enterprise fair value using an income approach based on estimated discounted future cash flows. Determining the enterprise fair value is judgmental in nature and requires the use of significant estimates and assumptions, including revenue growth rates, EBITDA margins, discount rates, the Company’s market capitalization and future market conditions, among others. The level of judgment and estimation is inherently higher in uncertain economic times.

Given the uncertain economic times and AirJoule, LLC’s status as an early stage company with limited operating history and the uncertainties regarding AirJoule, LLC’s successful development and commercialization of its products, there can be no assurance that the estimates and assumptions made for purposes of its goodwill impairment testing in 2025 will prove to be accurate predictions of the future. If AirJoule, LLC’s assumptions, including timing of revenue generation and forecasted EBITDA, are not achieved, then AirJoule, LLC may be required to record goodwill impairment charges in future periods.

The following table contains statement of operations information of AirJoule, LLC for the three months ended March 31, 2025 and for the period from March 4, 2024 (AirJoule JV inception) to March 31, 2024:

|              |     |   |        Three 
 Months