Company: AIRJW
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047828
Chunk: 213

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-27
Form: POS AM
Chunk 213
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 |  39,370 |   |
| 2027                                   |     |           |  40,945 |   |
| 2028                                   |     |           |  42,583 |   |
| Thereafter                             |     |           |  10,715 |   |
| Total undiscounted lease payments      |     |           | 170,313 |   |
| Less: effects of discounting           |     |           | (16,084 | ) |
| Operating Lease Liability              |     | $         | 154,229 |   |
| Classified as:                         |     |           |         |   |
| Operating lease liability, current     |     | $         |  30,227 |   |
| Operating lease liability, non-current |     | $         | 124,002 |   |

Note 9 — RELATED PARTY TRANSACTIONS Lease Agreement The Company had a property lease agreement with its Chief Executive Officer as discussed in Note 8 — Leases. The lease agreement was terminated upon close of the Business Combination on March 14, 2024. As of December 31, 2024 and December 31, 2023, $ 0and $ 2,000were owing under this agreement and included in accounts payable on the consolidated balance sheets. Consultancy Agreement On January 1, 2019, the Company entered into a consultancy agreement with a company affiliated with the Chief Executive Officer for a monthly payment of $ 20,000in exchange for the Chief Executive Officer providing services in connection with the development and sales of Company technologies and products. $ 80,000and $ 240,000was included in general and administrative expenses on the consolidated statements of operations for the years ended December 31, 2024 and 2023, respectively. On May 1, 2024, this consultancy agreement was terminated. As of December 31, 2024, $ 0was owed under this agreement. Office Services Agreement On October 31, 2020, the Company entered into a consultancy agreement with an affiliate for a monthly payment of $ 5,000to provide office services. $ 20,000and $ 60,000was included in research and development expenses on the consolidated statements of operations for the years ended December 31, 2024 and 2023, respectively. On May 1, 2024, this office services agreement was terminated. As of December 31, 2024,