Company: AIRJW
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047828
Chunk: 210

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-27
Form: POS AM
Chunk 210
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 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               |     |              | 1,208,410,366 |   |
| Total liabilities and equity        |     | $            | 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 2024 will prove to