Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 1023

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 6
Chunk 1023
---
31, 2023 
    $—  
    $— 
  
    Class A common stock, $0.0001 par value; 600,000,000 authorized shares
and 55,928,661 and 32,731,583 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 
     5,593  
     3,274 
  
    Class B common stock, $0.0001 par value; 0 and 50,000,000 authorized shares and 0 and 4,759,642 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 
     —  
     476 
  
    Additional paid-in capital 
     53,577,270  
     11,263,647 
  
    Retained earnings (accumulated deficit) 
     198,527,461  
     (17,168,101)
  
    Total stockholders’ equity (deficit) 
     252,110,324  
     (5,900,704)
  
    Total liabilities and stockholders’
    equity (deficit) 
    $369,852,120  
    $556,135 

The accompanying notes are an integral part
of these consolidated financial statements.

F-3

AIRJOULE TECHNOLOGIES CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS

    Year Ended December 31, 

    2024  
    2023 
  
    Cost and expenses: 

    General and administrative 
    $9,042,150  
    $7,540,702 
  
    Research and development 
     2,020,388  
     3,305,612 
  
    Sales and marketing 
     150,927  
     540,002 
  
    Transaction costs incurred in connection with business combination 
     54,693,103  
     — 
  
    Depreciation and amortization 
     6,517  
     4,341 
  
    Loss from operations 
     (65,913,085) 
     (11,390,657)

    Other income (expense): 

    Interest income 
     932,371  
     11,541 
  
    Gain on contribution to AirJoule, LLC