Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 84

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 84
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 2024, no revenue has been
earned from our operations.

Operating Expenses

We classify our operating expenses into the following
categories:

| ● | General and administrative:    General                                                                                                   
 and administrative expenses consist primarily of personnel-related expenses for our executives, consultants and advisors. These expenses 
 also include non-personnel costs, such as rent, office supplies, legal, audit and accounting services and other professional fees.       |

| ● | Research and development:    Research                                                                                                   
 and development expenses include internal personnel, parts, prototypes and third-party consulting costs related to preliminary research 
 and development of our products.                                                                                                        |

| ● | Sales and marketing:    Sales and                                                                                
 marketing expenses consist primarily of business development professional fees, advertising and marketing costs. |

| ● | Transaction costs incurred in connection with business combination:    Transaction                                                             
 costs represent the initial recognition of the earnout shares liability and fees incurred for financial advisory, legal and other professional 
 services that were directly related to the Business Combination.                                                                               |

| ● | Depreciation and amortization:    Depreciation                               
 and amortization expense consists of depreciation of property and equipment. |

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Results of Operations

The following tables set forth the results of
our operations for the periods presented, as well as the changes between periods. The period-to-period comparison of financial results
is not necessarily indicative of future results.

The year ended December 31, 2024 compared to the year ended December 31, 2023

The following table sets forth the Company’s
consolidated statements of operations data for the year ended December 31, 2024 and 2023:

|                                                                    |     | Year Ended December 31, |        2024 |   |     |   |        2023 |   |     |   |  Change ($) |   |
|:-------------------------------------------------------------------|:----|:------------------------|------------:|:--|:----|:--|------------:|:--|:----|:--|------------:|:--|
| Cost and expenses:                                                 |     |                         |             |   |     |   |             |   |     |   |             |   |
| General and administrative                                         |     | $                       |   9,042,150 |   |     | $ |   7,540,702 |   |     | $ |   1,501,448 |   |
| Research and development                                           |