Company: AIRJW
Filing Date: 2025-04-28
Form Type: S-1/A
Source: 0001213900-25-036124
Chunk: 221

Company: AirJoule Technologies Corp.
Filing Date: 2025-04-28
Form: S-1/A
Chunk 221
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 | $ | (11,379,116 | ) |

____________

(1)

The following table reconciles segment assets to consolidated assets on the consolidated balance sheets:

|                                   |     | December 31, |        2024 |     |   |    2023 |
|:----------------------------------|:----|:-------------|------------:|:----|:--|--------:|
| Investment in AirJoule, LLC       |     | $            | 338,178,633 |     | $ |       — |
| Other segment assets(1)           |     |              |  31,673,487 |     |   | 556,135 |
| Segment assets                    |     |              | 369,852,120 |     |   | 556,135 |
| Adjustments and reconciling items |     |              |           — |     |   |       — |
| Total assets                      |     | $            | 369,852,120 |     | $ | 556,135 |

____________ (1) Other segment assets included cash, cash equivalents and restricted cash, due from related party, prepaid expenses, operating lease right -of-useasset, and property and equipment, net The CODM uses net income (loss) to monitor budget versus actual results, assess performance and how to allocate resources. The key measures of segment profit or loss reviewed by our CODM are general and administrative expenses, research and development expenses and interest earned on the Company’s interest -bearingaccounts. General and administrative and research and development expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to meet current and future needs, which include working capital requirements, capital expenditures and other general corporate services. Primary working capital requirements are for project execution and development of the Company’s technology which includes purchases of materials, services, payroll and development of market and strategic relationships with other businesses and customers. The CODM reviews interest earned to measure cash inflow and determine the most effective strategy of investment with the interest -bearingaccounts while maintaining compliance with the Company’s investment policy. Additionally, the CODM reviews the company’s investment in AirJoule, LLC for material changes including potential impairment resulting from events or changes in circumstances indicating that a decline in value has occurred that is other than temporary.

F-38 AIRJOULE TECHNOLOGIES CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Note 16 — SUBSEQUENT EVENTS Capital Contribution Pursuant to the A