Company: AIRJW
Filing Date: 2025-04-28
Form Type: S-1/A
Source: 0001213900-25-036124
Chunk: 175

Company: AirJoule Technologies Corp.
Filing Date: 2025-04-28
Form: S-1/A
Chunk 175
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   |    19 |     |            — |     |   |   — |     |            |    265,280 |     |             | —           |   |     |               |     265,299 |   |
| Share-based compensation                    |     |              |          — |   |        |           |          — |   |     |            — |     |   |     — |     |            — |     |   |   — |     |            |     52,000 |     |             | —           |   |     |               |      52,000 |   |
| Net loss                                    |     |              |          — |   |        |           |          — |   |     |            — |     |   |     — |     |            — |     |   |   — |     |            |          — |     |             | (11,379,116 | ) |     |               | (11,379,116 | ) |
| Balance at December 31, 2023                |     | $            |          — |   |        | $         |          — |   |     |   32,731,583 |     | $ | 3,274 |     |    4,759,642 |     | $ | 476 |     | $          | 11,263,647 |     | $           | (17,168,101 | ) |     | $             |  (5,900,704 | ) |

The accompanying notes are an integral part of these consolidated financial statements.

F-5

AIRJOULE TECHNOLOGIES CORPORATION
CONSOLIDATED STATEMENTS OF CASH FLOWS

|                                                                                 |     | Year Ended December 31, 
 2024                    |              |   |     | 2023 |             |   |
|:--------------------------------------------------------------------------------|:----|:------------------------|-------------:|:--|:----|:-----|------------:|:--|
| Cash flows from operating activities                                            |     |                         |              |   |     |      |             |   |
| Net income (loss)                                                               |     | $                       |  215,695,562 |   |     | $    | (11,379,116 | ) |
| Adjustment to reconcile net income (loss) to cash used in operating activities: |     |                         |              |   |     |      |             |   |
| Depreciation