Company: AIRJW
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047828
Chunk: 60

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-27
Form: POS AM
Chunk 60
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 budgets to be agreed between the Company and GE Vernova. In general, for the first six years, GE Vernova has the right, but not the obligation, to make capital contributions to the AirJoule JV. In order to finance these opportunities and associated costs, it is possible that we would need to raise additional financing if the proceeds realized to date are insufficient to support our business needs. While we believe that the proceeds realized to date will be sufficient to meet our currently contemplated business needs, management cannot assure that this will be the case. If additional financing is required by us from outside sources, we may not be able to raise it on terms acceptable to us or at all. If we are unable to raise additional capital on acceptable terms when needed, our product development business, results of operations and financial condition would be materially and adversely affected. 31 Cash flows Cash flows for the three months ended March 31, 2025 and 2024 The following table summarizes our cash flows from operating, investing and financing activities for the three months ended March 31, 2025 and 2024:

|                                                      |     | For the Three Months Ended 
                  March 31, |            |   |     |      |             |   |
|                                                      |     |                       2025 |            |   |     | 2024 |             |   |
| Net cash provided by (used in) operating activities  |     |                            |     72,246 |   |     |      |  (6,425,437 | ) |
| Net cash used in investing activities                |     |                            | (5,135,239 | ) |     |      | (10,000,000 | ) |
| Net cash provided by financing activities            |     |                            |     41,760 |   |     |      |  43,467,010 |   |
| Net increase (decrease) in cash and cash equivalents |     |                            | (5,021,233 | ) |     |      |  27,041,573 |   |

Cash Flows from Operating Activities During the three months ended March 31, 2025, net cash provided by operating activities was $72,246 and primarily reflected our net income from operations and changes in operating assets and liabilities including decreases in our due from related party and accrued expenses and other liabilities accounts. During the three months ended March 31, 2024, net cash used in operating activities was $6.4 million and