Company: AIRJW
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047828
Chunk: 161

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-27
Form: POS AM
Chunk 161
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 Ended 
    March 31, 
         2025 |   |     |   |           For the 
       period from 
             March 
                4, 
 2024 to March 31, 
              2024 |   |
|:-------------|:----|:--|-------------:|:--|:----|:--|------------------:|:--|
| Revenue      |     | $ |            — |   |     | $ |                 — |   |
| Expenses     |     |   |   (4,784,805 | ) |     |   |           (64,853 | ) |
| Other income |     |   |      216,055 |   |     |   |            12,090 |   |
| Net loss     |     | $ |   (4,568,750 | ) |     | $ |           (52,763 | ) |

F-21

Note 6 — OTHER ACCRUED EXPENSES

The following table summarizes other accrued expenses:

|                              |     |   | As of March 31, 
            2025 |     |   | As of December 31, 
               2024 |
|:-----------------------------|:----|:--|----------------:|:----|:--|-------------------:|
| Accrued royalty              |     | $ |          75,000 |     | $ |            250,000 |
| Accrued payroll              |     |   |         531,241 |     |   |          1,125,846 |
| Professional services        |     |   |         542,474 |     |   |            205,790 |
| Accrued other                |     |   |         149,738 |     |   |            138,682 |
| Total other accrued expenses |     | $ |       1,298,453 |     | $ |          1,720,318 |

Note 7 — LEASES

As discussed in Note 8 – Related Party Transactions, the Company had a property lease with a related party which terminated on March 14, 2024. Lease expenses under this lease were $ 0and $ 6,000for the three months ended March 31, 2025 and 2024, respectively, and were included in general and administrative costs in the condensed consolidated statements of operations.

Lease expense for the company’s operating lease was